Modular Data Center Market Revenue to Hit USD 35B by 2026; Global Market Insights, Inc.
Some of the major participants in the modular data center market share include Dell, Inc., Cannon Technologies Ltd., CommScope, Inc., Baselayer Technology, LLC, Cisco Systems, Inc., BladeRoom Group Ltd., Cancom SE and Eaton Corporation.
SELBYVILLE, Del., July 8, 2020 /PRNewswire/ -- Global Market Insights, Inc. has recently added a new report on the modular data center market, which estimates the market valuation for modular data centers will cross US $35 billion by 2026. The development of highly connected devices and the adoption of technologies, such as IoT and big data, have resulted in a high amount of data traffic generation leading to increased requirements for storage. This exponential growth in data will highly impact the investments in data center facilities and the growth of cloud service providers globally.
Modular data centers are designed to provide new capacities within three to four months, which is nearly six times faster than conventional data centers. This quick provisioning eliminates any bottlenecks that arise with conventional data centers during the installation of new IT services. These modules can also be swapped or upgraded with newer equipment as they reach the end of life, providing excellent upscaling and cost-savings.
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Telecom companies are stressing on delivering reliable and robust networks. These data centers will enable companies to meet varying data storage requirements, along with high user satisfaction, the proliferation of smart devices, and consumer demand to safeguard information property and financial assets. The above-mentioned factors are anticipated to increase in the coming years. For instance, in December 2019, Verizon partnered with AWS to deploy modular data centers for its clients in the U.S. The data centers will leverage Verizon's 5G wireless connectivity to provide novel cloud computing solutions for end-users. Such factors are driving the modular data center market growth.
All-in-one functional modules offer quick deployment & less power consumption benefits compared to traditional modules and are packaged in standard shipping containers. These data centers provide easy transportation, storage, and lifting, helping enterprises in reducing installation expenses. They require low initial investments and flexibility to scale up the business infrastructure requirements.
The healthcare industry is transforming rapidly with the adoption of modern technology, timely legislation, and changing demographic landscape. The global healthcare industry is projected to invest USD 2.7 trillion each year on IT infrastructure, including data centers by 2020. This will result in transforming the way health services are administered and high investments in data centers by health system administrators. Modern technologies, such as CT scans, MRIs, and widespread usage of video conferencing software to remotely interact with patients, will drive the demand for scalable and flexible data center facilities.
Browse key industry insights spread across 270 pages with 264 market data tables and 29 figures & charts from the report, "Modular Data Center Market Share & Forecast, 2020 – 2026" in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/modular-data-center-market
North America's modular data center market is an early adopter of advanced technologies. Factors such as the high adoption of emerging technologies, coupled with the growing consumption of online video and audio content, will impact the growth of the market. Rapid advancements in emerging technologies, IT infrastructure services, and IoT are encouraging cloud providers to expand facilities to support the increasing data storage requirement.
Some major findings of the modular data center market report are:
- Schneider Electric's research on the data center cost comparison between modular and legacy facilities strongly underpins the economic proposition of deploying modular data centers.
- Datacenter costs are represented as Dollar per Watt (USD/watt) with the industry average being USD 10/watt for power and cooling. In comparison, modular data centers cost around USD 2/watt, helping in CAPEX reduction and improving savings.
- As the ongoing COVID-19 crisis has impacted multiple industry verticals at a large-scale, enterprises operating in the IT & telecom sector are focusing on cloud-based software automation and delivery, driving the demand for modular data centers.
- Governments of several countries including the U.S., India, China, the UK, Germany, France, and Singapore are investing in the deployment of modular data centers to improve the efficiency of the government & defense sectors.
Major modular data center market players include Dell, Inc., Cannon Technologies Ltd., CommScope, Inc., Baselayer Technology, LLC, Cisco Systems, Inc., BladeRoom Group Ltd., Cancom SE and Eaton Corporation.
Browse the complete report table of contents at https://www.gminsights.com/toc/detail/modular-data-center-market
Partial chapters of the report's table of contents (TOC):
Chapter 3 Modular Data Center Industry Insights
3.1 Industry segmentation
3.2 Industry landscape, 2016 – 2026
3.2.1 Data center infrastructure industry landscape
3.2.2 Edge data center industry landscape
3.3 Impact of coronavirus (COVID-19) pandemic
3.3.1 Global outlook
3.3.2 Impact by region
3.3.2.1 North America
3.3.2.2 Europe
3.3.2.3 Asia Pacific
3.3.2.4 Latin America
3.3.2.5 Middle East & Africa
3.3.3 Industry value chain
3.3.3.1 Component suppliers
3.3.3.2 Cloud service providers
3.3.3.3 End-user spending on IT infrastructure
3.3.4 Competitive landscape
3.3.4.1 Strategy
3.3.4.2 Distribution network
3.3.4.3 Business growth
3.4 Industry ecosystem analysis
3.4.1 Distribution channel analysis
3.4.2 Vendor matrix
3.5 Technology & innovation landscape
3.5.1 Network Function Virtualization (NFV)
3.5.2 Software Defined Networking (SDN)
3.5.3 Edge computing
3.5.4 Impact of IoT
3.6 Regulatory landscape
3.6.1 ISO/IEC TS 22237
3.6.2 International Electrotechnical Commission (IEC) 62040
3.6.3 ISO/IEC 27001: 2013
3.6.4 IEC 146
3.6.5 IEC 62040-3
3.6.6 IEEE 1100
3.6.7 North America
3.6.7.1 Environmental Protection Agency (EPA)
3.6.7.2 American Society of Heating, Refrigerating and Air-Conditioning Engineers (ASHRAE)
3.6.7.3 ANSI/TIA-942-A Infrastructure Standard for Data Centers
3.6.7.4 Clean Air Act (CAA)
3.6.7.5 National Fire Protection Association (NFPA)
3.6.7.6 New York State Energy Conservation Construction Code
3.6.7.7 ANSI/BICSI 002-2014
3.6.7.8 Uptime Institute, LLC
3.6.7.9 Occupational Safety and Health Administration (OSHA)
3.6.7.10 Canada Privacy Act (CPA)
3.6.7.11 Energy efficiency hallmarks
3.6.7.11.1 Leadership in Energy and Environmental Design regulation (LEED)
3.6.7.11.2 Green Star
3.6.7.11.3 PUE
3.6.8 Europe
3.6.8.1 Low Voltage Directive (LVD) - 2014/35/EU
3.6.8.2 EN 50600-x
3.6.8.3 European Committee of Manufacturers of Electrical Machines and Power Electronics (CEMP)
3.6.8.4 European Code of Conduct for Energy Efficiency in Data Centers
3.6.8.5 Standards for Attestation Engagements (SSAE) No. 16
3.6.8.6 General Data Protection Regulation (GDPR)
3.6.8.7 German Federal Data Protection Act (BDSG)
3.6.8.8 French Data Protection Authority's (CNIL)
3.6.8.9 Russia's data localization law
3.6.9 Asia Pacific
3.6.9.1 National Development and Reform Commission (NDRC)
3.6.9.2 China Internet Security Law
3.6.9.3 China Data Localization Law
3.6.9.4 Green Data Center Standard- SS 564
3.6.9.5 Energy Conservation Act 2001
3.6.9.6 Personal Data Protection Act (PDPA)
3.6.9.7 Data Security Council of India (DSCI)
3.6.9.8 Bureau of Energy Efficiency (BEE)
3.6.9.9 Data Center Facility Standard (Japan)
3.6.9.10 Act on the Protection of Personal Information (APPI)
3.6.9.11 Green Data Center Standard- SS 564
3.6.10 Latin America
3.6.10.1 Brazilian General Data Protection Act (LDPG)
3.6.10.2 National Electric Energy Agency (ANEEL)
3.6.10.3 Mexico Data Protection Law
3.6.11 MEA
3.6.11.1 Qatar Financial Centre Regulatory Authority (QFC)
3.6.11.2 Protection of Personal Information Act (PoPI)
3.6.11.3 The Electricity and Wiring Regulations
3.7 Industry impact forces
3.7.1 Growth drivers
3.7.1.1 Reduced CAPEX
3.7.1.2 Demand for scalable and cost-effective data center facilities
3.7.1.3 Rising demand for edge computing operations in industrial sectors in the U.S
3.7.1.4 Growing need for energy-efficient IT infrastructure facilities in Europe
3.7.1.5 Rise in number of SMEs in Asia Pacific
3.7.1.6 Increasing adoption of IT facilities in the Latin America IT & telecom industry
3.7.1.7 Increased demand for portable infrastructure facilities for fast deployment in the Middle East
3.7.2 Pitfalls & challenges
3.7.2.1 Challenges in high-performance computing
3.7.2.2 Ongoing virtualization of data centers
3.7.2.3 Restrictive form factor
3.8 Growth potential analysis
3.9 Porter's analysis
3.9.1 Bargaining power of suppliers
3.9.2 Bargaining power of buyers
3.9.3 Threat of new entrants
3.9.4 Threat of substitutes
3.10 PESTEL analysis
Browse related report:
Data Center Infrastructure Market Size By Product (Cooling, Power, UPS, IT Racks & Enclosures, LV/MV Distribution, Networking Equipment, DCIM), By Component (Hardware, Software, Services), By Application (BFSI, Colocation, Energy, Government, Healthcare, Manufacturing, IT & Telecom), Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2018 - 2024
https://www.gminsights.com/industry-analysis/data-center-infrastructure-market
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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Modular Data Center Market worth around $35B by 2026
Modular Data Center Market size is poised to surpass USD 35 billion by 2026, according to a new research report by Global Market Insights, Inc.
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Data Center Infrastructure Management (DCIM) Market
SOURCE Global Market Insights, Inc.
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