The Modular Data Center Market is growing at a rapid pace, and the market is expected to grow at a CAGR of 28.90% during the forecast period. It is expected to reach USD 46.50 billion by 2022. Modular data center solutions are witnessing widespread adoption across various industry verticals due to the growing demands of these solutions for improving data center availability and reducing costs. The growth of the modular data center market is also expected to gather pace owing to the increase in data center technology related spending and the exponential growth of data traffic across the globe.
Modular data center solutions are witnessing major technological changes and are evolving with technological advancements. Modular data centers offer economical solutions that facilitate reduced capital and operational expenditures. In the coming years, modular data center solutions are expected to offer complete data center control for enhanced user experience. Modular data centers also adopt advanced power efficiency measurement metrics that provide the real-time status of the data center operations.
The individual functional module solutions segment in the modular data center market is expected to grow at a faster rate during the forecast period. Organizations are facing increasing needs for separate individual modular data center modules that cater to specific business requirements and can be added to an organization’s existing facility. Modular data center vendors can take advantage of this requirement by providing scalable and resilient modules that can be upgraded and expanded to cope with the increasing data volumes.
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The infrastructure management services segment in the modular data center market is expected to grow at a faster rate during the forecast period. Organizations are experiencing increasing needs for trained staff to maintain critical data center equipment. Moreover, maintenance and support services help end-users to understand changing business conditions and service inconveniences. This helps to smoothen the support process within the organizations.
The enterprise data centers segment is expected to grow at the highest CAGR from 2017 to 2022. Enterprises are rapidly adopting modular data center solutions because these solutions provide increased scalability, flexibility, and power usage and cost efficiencies. Vendors can develop specific solutions that are targeted toward enterprise data centers to improve their position in the modular data center market. The increasing enterprise demand for cost-effective data centers solutions coupled with the advantages of scale-out infrastructure has positively impacted the growth of modular data center market.
Tier 3 data centers are expected to grow at the fastest rate in the modular data center market during the forecast period. Tier 3 data centers have higher uptime and a guaranteed 99.982% availability. They experience a low downtime of only 1.56 hours per year. These data centers are characterized by the N+1 redundancy level that guarantees the availability of a minimum of 1 backup equipment in case of system failure.
The government and defense industry is expected to grow at the highest rate from 2017 to 2022. Government and defense agencies across the globe require remotely deployable data centers that can sustain harsh environments. Modular data centers provide an effective alternative to the government and defense agencies. Therefore, they are expected to offer new growth avenues for vendors targeting this segment.
The APAC market is expected to grow at the highest CAGR during the forecast period. APAC offers potential growth opportunities due to increasing investments in advanced technologies, surge in data traffic, and requirements for scalable data centers in small and medium-sized enterprises in this region.
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The modular data center market includes various vendors such as Huawei Technologies Co., Ltd. (China), International Business Machines (IBM) Corporation (US), Eaton Corporation plc (Ireland), Bladeroom (UK), Cannon Technologies Ltd. (UK), CommScope Holding Company, Inc. (US), Dell Inc. (US), Flexenclosure AB (Sweden), Hewlett Packard Enterprise (HPE) Development LP (US), Rittal GmbH & Co. KG (Germany), Schneider Electric SE (France), Vertiv Co. (US), and Baselayer Technology, LLC (US). Players in this market have embraced different strategies to expand their worldwide presence and increase their market shares. New product developments and partnerships/collaborations are some of the significant strategies embraced by the market players to accomplish development in the modular data center market. Companies such as HPE, Dell, IBM, Bladeroom, Eaton have adopted these strategies to expand their product portfolios.
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