Modular Data Center Market Development Status, Opportunities, Future Plans, Competitive Landscape and Growth by Forecast 2027 | Coronavirus Effects
Market Highlights
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.
According
to the latest report by Market Research Future (MRFR), the global modular data
center market is anticipated to register a significant market valuation at a
substantial 24.40% CAGR during the forecast period
(2018–2025). the increasing need for energy-efficient and fast deployable
data centers along with the growing demand for the reduction of capital
expenditure are the major factors driving the growth of the global modular data
center market. on the other hand, the vendor lock-in issue is projected to hamper
the adoption of modular data centers by market players, consequently posing as
a hindering factor for the market growth over the review period. However,
increasing deployment of data centers in disaster-prone areas is anticipated to
provide a higher scope of opportunities for the modular data center market over
the assessment 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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Regional Framework
The
global modular data center market by region has been segmented into North
America, Asia-Pacific, Europe, the Middle East & Africa, and South America.
North
America accounted for the largest market share and is likely to retain its
dominance over the market over the review period. The region is expected to
register a 22.65% CAGR during the forecast period. The growth in
North America is fuelled by the increasing investments by enterprises in
developed countries such as the US, Canada, and Mexico. furthermore, high
adoption among BFSI and IT & telecom sector is further expected to propel
the modular data center market in North America. The availability of funds,
government support towards research and development projects, international
trade, and development is expected to contribute substantially towards the
market share acquired from this region over the review period.
The Asia-pacific market for modular data
centers is one of the most significant regions of the global market and is
projected to display the highest CAGR of 27.20%. The Asia Pacific region
has the presence of several developing nations such as India, China, and Japan,
among others. These countries have been witnessing a massive change in economic
dynamics, which has increased their industrialization and urbanization.
Moreover, the presence of low labor rate, cheaper raw materials, and support
government policies is expected to attract major global market players and
foreign investments, which in turn is expected to drive the global modular data
center market in the region over the forecast period.
Segmentation:
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.
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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Global
Modular Data Center Market Research Report—Component (Functional Module,
Services), Data Center Size (Mid-Sized, Large, Enterprise) Tier Type (Tier 4,
Tier 3, Tier 2, Tier 1) End User (BFSI, IT and Telecom, Healthcare),
Region—Forecast till 2025
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