Modular Data Center Market Growth will be driven by increasing adoption of connected technologies in the healthcare sector is generating the demand for data storage facilities. The healthcare sector is not behind in the adoption of smart technologies owing to the growing requirement of enhanced patient care solutions. Increasing prevalence of connected technologies in the healthcare sector has been driving the demand for large data storage facilities. Ongoing expansion of healthcare facilities and the arising challenges to control IT expenditures should foster the adoption of prefabricated solutions, further accelerating the industry growth.
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Growing inclination toward ready-to-deploy technologies for improving the overall cost effectiveness in business operations is primarily driving the modular data center market growth. These advanced IT facilities offer individual or all-in-one solutions to the organizations by incorporating all the complexities and investments required for deployment, installation, operations, and maintenance costs of the IT infrastructure. So, these services not only benefit large organizations but even the small-scale businesses can enjoy the reduced capital expenditure required for their business operation.
The modular data center market is experiencing a high demand for modular IT equipment, such as racks & enclosures, UPS and cooling devices, to improve systems’ performance and energy efficiency. Moreover, growing demand for all-in-one IT facilities including built-in power, cooling, lighting, and system management tools will drive the modular data center market demand. The cost & energy efficiency of an all-in-one facility due to pre-installed and integrated tools is encouraging enterprises to incorporate the IT infrastructure for their business operations.
Increasing adoption of connected technologies in the healthcare sector is generating the demand for data storage facilities, accelerating modular data center market growth. The industry is shifting toward robotic monitoring or detecting tools, such as rehabilitation and sanitation & disinfection robots, that allow surgeons to have a clear view of patients’ health parameters. Healthcare facilities are engaged in expanding their IT infrastructure while controlling cooling & power costs. This factor is encouraging healthcare companies to adopt prefabricated solutions offered by modular data center market players. For instance, Spectrum Health selected HPE Flexible Data Center to manage IT operations with controlled energy consumption rates.
North America is one of the earliest adopters of the technology owing to the presence of developed IT infrastructure. Since many years, the region has been witnessing an upsurge in demand for internet services and connected devices which has led to the proliferation of modular data centers. Moreover, the country has been implementing these solutions for highly sensitive military & defense applications pertaining to the reliability and assurance of maximum efficiency.
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Constantly evolving technology coupled with government regulations pertaining to power efficiency are projected to the drive the regional share. As per reliable source, the North America modular data center market will grow at a substantial CAGR of 20% through 2025.
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.
Some Points From Table Of Content: –
Chapter 5. Modular Data Center Market, By Application
5.1. Key trends, by application
5.2.1. Market estimates and forecast, 2015 – 2025
5.3. IT & telecom
5.3.1. Market estimates and forecast, 2015 – 2025
5.4.1. Market estimates and forecast, 2015 – 2025
5.5. Government & defence
5.5.1. Market estimates and forecast, 2015 – 2025
5.6.1. Market estimates and forecast, 2015 – 2025
5.7.1. Market estimates and forecast, 2015 – 2025
5.8.1. Market estimates and forecast, 2015 – 2025
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