Modular Data Center Market By Component (Software, Services), By Data Center Size (Small, Mid-Size, Large), By Application (IT & Telecom, Energy, Manufacturing, Research, Healthcare, Government & Defense, Other) - Growth, Future Prospects, And Competitive Analysis, 2019 – 2027

Increasing demand for data storage and management facilities is fueling the modular data center market growth.

Globally, the modular data center market is expected to grow with a CAGR of more than 21.8% during the forecast period from 2019 to 2027, starting from US$11.5 Bn in 2018. The modular data center is one of the advanced architectures that provide effective data storage and management facilities to companies operating in several industry verticals. This data center has the capability to handle the data at a faster rate and also has multiple power and cooling options.

Globally, the penetration of digitization has led to the generation of a large amount of digital data that needs to be stored securely. This primary factor drives the growth of the modular data center market. The development of portable and energy-efficient I.T. infrastructure and the benefits of modular data centers supporting this growth of the I.T. environment is also fueling the growth of this market segment. Furthermore, factors such as easy deployment, faster data management, and low cost of maintenance are also contributing to the rate of adoption of modular data centers across various industrial sectors.

However, the presence of alternative data storage facilities, the high cost of installation, concerns regarding high-performance computing, and vendor lock-in are some of the factors that are likely to restrain the growth of the modular data center market during the forecast period.

Market Synopsis

The services segment is expected to witness significant growth in coming years.

Based on components, the modular data center market is segmented into software and services. The services segment is projected to witness the fastest growth of around 24.5% during the forecast period. As companies adopt modular data centers, the demand for maintenance and support services increases at a great pace. It is essential to keep the system working to avoid any hindrances or issues which increase the dependency on the support services. Moreover, companies also offer consultation and upgradation services, which enables various industries to adopt advanced I.T.-based tools. These and many such advantages drive the market for service components in the modular data center market.

North America to dominate the modular data center market.

In the global modular data center market, North America holds the leading position as this region has perceived rapid technological expansion. As the U.S. is considered a technological hub, this regional segment dominates the global market by developing and deploying advanced components in the modular data center market. However, Asia Pacific and the Rest of the World are projected to showcase high growth potential during the forecast period. The I.T. industry in the APAC countries is developing at a rapid pace opening new avenues for the players operating in this region. Moreover, various established players are expanding their presence in emerging countries such as India and China to enhance their business globally. Moreover, rapid urbanization and growing government support to adopt advanced technologies are also fueling the growth of the modular data center market in this region.

Some of the prominent players operating in the modular data center market include Cisco Systems, Inc., Huawei Technologies Co., Ltd., IBM Corporation, Commscope, Inc., Schneider Electric SE, Dell, Inc., Hewlett Packard Enterprise Company, SGI Corporation, Flexenclosure AB, I.O. Data Centers LLC, BladeRoom Group Ltd., Eaton Corporation, Cannon Technologies, STULZ GmbH, and Vertiv Co. among others.

Historical & Forecast Period

This research report presents the analysis of each segment from 2017 to 2027, considering 2018as the base year for the research. Compounded Annual Growth Rate (CAGR) for each respective segment calculated for the forecast period from 2019 to 2027.

Report Scope by Segments

The modular data center market report provides market size and estimates based on market dynamics and key trends observed in the industry. The report provides a holistic view of the global modular data center market based on component, size, application, and geography. Key segments covered in the report are as follows: 

ATTRIBUTEDETAILS

Research Period  2017-2027

The base Year 2018

Forecast Period  2019-2027

Historical Year  2017

Unit  USD Billion

Segmentation

Component Segment (2017–2027; US$ Bn)

• Software
• Services

Data Center Size Segment (2017–2027; US$ Bn)

• Small
• Mid-Size
• Large

Application Segment (2017–2027; US$ Bn)

• BFSI
• Telecom & IT
• Energy
• Manufacturing
• Research
• Healthcare
• Government & Defense
• Others

Geography Segment (2017–2027; US$ Bn)

• North America (U.S., Rest of North America)
• Europe (U.K., Germany, France, Rest of Europe)
• Asia Pacific (China, Japan, India, Rest of Asia Pacific)
• Rest of the World (Middle East & Africa, Latin America)

Key questions answered in this report

• What was the market size of a modular data center in 2018, and what is the forecast up to 2027?
• Which is the largest regional market for the services segment?
• What are the major trends followed in the modular data center market across different regions?
• Who are the key modular data center companies leading the market?
• What are the key strategies adopted by the leading modular data center companies in the market?

Unique data points of this report

• Statistics on modular data center penetration and spending worldwide
• Recent trends across different regions in terms of the adoption of modular data centers for various applications in various industries
• Notable developments going on in the modular data center industry.
• Attractive investment proposition for segments as well as geography
• Comparative scenario for all the segments for years 2018 (actual) and 2027 (forecast)

Frequently Asked Question: