India – March 16, 2022 —
Modular Data Center Market Research Report- Forecast till 2030
As per the latest MRFR analysis, the global modular data center market is estimated expand at 21.46% CAGR during the forecast period of 2020-2030. A modular data center approach incorporates contained units which are primarily used in the form of prefabricated modules. Such a prefabricated infrastructure is used to deploy a standardized infrastructure in the form of modules.
Modular data centers augment the speed of deployment at a lower cost and improvise the flexibility of operations. Modular data center providers bid both separate module and all-in-one consolidated modules of individual functions like power systems, cooling systems, and IT servers. Mounting need for energy-efficient and fast deployable data centers, coupled with upscaling demand for reduction in capital expenditure are both chief factors responsible for the burgeoning modular data center market.
Market Boosters and Key Challenges
Notable traction in the modular data center has had a fantastic approach that incorporates contained units, primarily in the form of prefabricated modules. The centers knowingly increase the speed of deployment at a lower cost in focus on improvising flexible operations. In a more straightforward word, the providers of modular data center offer both all-in-one consolidated modules and separate modules of individual functions such as IT servers, power systems, and cooling systems. The need for these functions and service have resulted in rising adoption of modular data center in the global market. All these factors have thus influenced the flourishment of the global modular data center market in the present and would continue for the forecast period.
At the same time, the rising need for energy-efficient coupled with rapidly deployable data centers, as well as increasing demand for reducing capital expenditure, is the boosting factor for the market’s growth. Another essential factor boosting the market’s growth is attributed to the surging deployment of data centers in disaster-prone areas. This could bring new opportunities to the market with the help of considerable investments made by renowned companies and shareholders.
HVAC systems are crucial in every data center, thus suspended dust and other particles in the air can destruct the servers if they are not properly filtered before entering the server room. Therefore, such problems can be avoided with the help of using highly efficient air ventilation systems. Even maintaining a temperature of server room air quality, and humidity ensures the efficient working of the server. All these parameters are taken care by HVAC systems, which surges the overall data center, resulting in the growth of the modular data center market. Thus, with extreme demand of these HVAC systems is expected to have flourished growth of the market in foreseeable years.
Renowned vital players in the modular data center market are offering a wide range of multidisciplinary modular data center services to clients along with innovative solutions to assist them in meeting reliability challenges and achieve design flexibility, energy efficiency, and operational leniency. Thus, such a rising focus on offering services has also been one of the top trends in the global market for modular data centers.
On the contrary, the factor of vendor lock-in issue might resist the adoption of modular data centers by players in the future.
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The primary segments as per which the study over the global market for the modular data center are component, data center size, tier, and end-user.
The component type in the segmental analysis includes Functional Module (All-In-One Functional Module, Individual Functional Module (IT Module, Electrical Module, and Mechanical Module)), and Services (Consulting, Integration and Deployment, and Infrastructure Management).
The Data Center Size type in the segmental analysis includes large data centers, mid-sized data centers, and enterprise datacenters segments.
The tier type in the segmental analysis includes tier 4, tier 3, tier 2, and tier 1.
The end-user type in the segmental analysis, thus, includes BFSI, Government & Defense, Healthcare, IT and Telecom, Retail, Education, Manufacturing, Energy, and more.
The global modular data centers market is segmented into the regions of Europe, Asia Pacific, the Middle East & Africa, North America, and Latin America. North America held the foremost share of the global modular data centers market at the beginning of the assessment period. The region held around 45% share of the market. It boasted a market value of USD 6,284.6 million in 2017 and is expected to register a whopping 22.65% CAGR during the review period.
Asia Pacific held the second-largest share of the global modular data centers market at the beginning of the forecast period, accounting for around 26% share of the market. The APAC modular data center market was valued at USD 3,560.6 million in the base year of 2017. The region is also estimated to retain its position in the market. Asia Pacific is estimated to expand at 27.2% CAGR during the forecast period.
Key Players of Market
The prominent companies identified by MRFR in its latest report on global modular data center include Huawei Technologies Co. Ltd (China), IBM Corporation (US), Dell Technologies Inc. (US), Eaton Corporation PLC (Ireland), Hewlett Packard Enterprise Company (US), Cannon Technologies Ltd (UK), CommScope Holding Company, Inc (US), BladeRoom Group Ltd (UK), Flexenclosure AB (Sweden), Schneider Electric (France), and Silent-Aire Limited Partnership (Canada).
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