The global modular data center market is poised to gain massive impetus in the ensuing years, primarily driven by the increasing adoption of prefabricated IT technologies, the emergence of small & medium enterprises and the rising demand for edge computing.
The demand for edge computing is rising owing to the massive shifts in the way internet is consumed via organizations and individuals. Edge computing is an architecture that enables data processing and computing as close to the end user as possible. The key drivers of the edge computing model include the growing number of consumer mobile devices and the increasing consumption of video and virtual reality content. Eminent players active in the modular data center industry are seeking innovative ways of deploying edge capacity to support end-users including businesses and consumers. Therefore, as the popularity of edge computing grows across several applications, the global modular data center market size is certain to escalate as far as the number of installations is concerned.
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While elaborating further upon the modular data center industry expansion trends, it is quite prudent to take note of the fact that the business needs for designing a data center have remained fairly consistent around capital cost, capacity, and availability of expertise. However, the fulfilment of these three requirements no longer ensures augmentation of the new technological tools and computing models that are transforming the way traditional data centers function. These factors are predominantly leading to the large-scale installation of modular data centers across various end-use sectors such as energy, healthcare, BFSI, and telecom.
The modular data center market from IT & Telecom application segment is primarily driven by the rising need for the rapid deployment of data centers. IT & telecom business vertical is witnessing a massive adoption of the facility to augment the flexibility and scalability of the business operations. Another factor that is driving the modular data center industry is the rapid evolution of IoT technology. With the adoption of IoT sensors, the technology is being used in a wide spectrum of applications, for procuring data from the surrounding environment.
The Latin America modular data center market will steady witness growth over the coming years due to the increased deployment of containerized facilities in the region. Global companies are expanding their businesses here and are constructing effective IT infrastructure to support their business operations with minimum costs and maximum efficiency. For instance, in October 2017, TigoOne installed a prefabricated facility in Bogota, offered by Flexenclosure, to expand their IT infrastructure. This facility is the third prefabricated IT infrastructure installed by the company to support its business operations. Moreover, the strong presence of colocation players such as Equinix, Centurylink, and Flexenclosure, offering containerized technologies to the businesses, is also a major factor propelling modular data center market growth in the region.
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Major players participating in the modular data center market include Cisco Systems, Inc., IBM Corporation, Stulz GmbH Baselayer Technology, LLC, CommScope Inc., Dell, Inc., Hewlett-Packard Enterprise Company, Huawei Technologies Co., Ltd., Schneider Electric SE, SGI Corporation, BladeRoom Group Ltd., IO Data Centers, LLC, Eaton Corporation, Flexenclosure AB, Vertiv Co., and Rittal GmbH & Co. KG., among others. Modular data center market players are competing based on technological advancements & innovations in their product offerings.
Major Key Points from Table of Content:
Chapter 4. Modular Data Center Market, By Component
4.1. Key trends, by component
4.2.1. Market estimates and forecast, 2015 – 2025
188.8.131.52. Market estimates and forecast, 2015 – 2025
184.108.40.206. Market estimates and forecast, 2015 – 2025
4.3.1. Market estimates and forecast, 2015 – 2025
220.127.116.11. Market estimates and forecast, 2015 – 2025
4.3.3. Installation & deployment
18.104.22.168. Market estimates and forecast, 2015 – 2025
4.3.4. Maintenance & support
22.214.171.124. Market estimates and forecast, 2015 – 2025
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