Global Micro Data Center Market to accrue US $14.5 Bn by 2025

August 12, 2019

Worldwide micro data center market is projected to cross US $14.5 billion by the year 2025, according to the latest research available at Market Study Report LLC, report provides complete overview of micro data center Market considering all the major Industry trends, market dynamics and competitive scenario.

The surging adoption of IOT and cloud computing is driving the enterprises to incorporate micro data centers for better operational efficiency. IOT is presumed to generate massive data from many distributed sources while the cloud computing will multiply the IT traffic four times over the next three years. These factors are encouraging businesses to aggregate data using multiple distributed micro data centers fueling the market growth.

The increasing demand for operation in remote areas, and standardized infrastructure is boosting product adoption. Micro data centers provide portability, flexibility, and modularity which make them ideal for easy deployment and efficient operations in remote areas. Development of advanced effective solutions for quick & secure deployment of data center is the main concern of the key players, cites the report. STULZ GMBH launched a cost-effective solution called Micro DC for swift expansion of local IT capacity, having features like fire suppression, critical power monitoring, precision cooling, and physical security.

Growing awareness regarding energy conservation among the businesses will encourage the adoption energy-efficient data center solutions, in turn driving the market growth. Companies are installing portable IT solutions which can operate in adverse eco-systems having space constraints while reducing the power consumption.

According to the report, Inveneo Inc, partnered with Arm Limited in March 2015 to encourage organizations to deploy solutions for solar-powered micro-data centers across the developing nations. Moreover, Scale Computing announced partnership with American Power Consumption Corporation in 2018 to deliver energy-efficient micro facilities in a box solution with features such as optimized operations, pre-tested, and quick deployment.

Based on the application apectrum, IT & telecom industry is anticipated to offer major growth opportunities for the micro data center market over the forecast period owing to increasing implementation of micro centers to meet the growing demands of data processing and data storage. Leading companies like American Tower Communication and H5 Data Centers are seeking collaborations with companies like Colo Atl and Taylor Telecom, as well as data center providers, to expand network infrastructure and offer global IT facilities, as cited in the report.

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In terms of regional contribution, North America micro data center market is presumed to witness significant growth by 2025 owing to the increase in colocation facilities, adoption of cloud services, and the high need of IT data centers across large and medium enterprises. As businesses and consumers are generating large amount of data, the need for data storage is increasing exponentially encouraging the installation of micro data centers.

Additionally, the companies are focusing on decreasing operational costs along with enhancing performance and improving deployment speed by incorporating colocation services. For instance, EdgeMicro has recently declared that it would be deploying micro data centers across 30 cities in North America. On the other hand, Equinix Inc. provides colocation services to 9800 companies across the U.S. through 200 data centers.

The major enterprises operating in micro data center market includes Hewlett-Packard Enterprise Company, Attom Technology, Canovate Group, Advanced Facilities, Inc., Dataracks, Dell Inc., Eaton Corporation plc, Delta Power Solutions, and Huawei Technologies Co., Ltd.

Frequently Asked Questions (FAQ) :

According to the report, introduction of IoT has compelled various enterprises to deploy micro facilities in order to improve business operations which in turn is a major factor driving the micro data center market growth. These enterprises are concentrating on aggregating data in various micro data centers in order to handle data traffic which is generated by cloud and IoT applications. This factor along with growing demand for standardized operations and facilities in remote areas is further aiding the market expansion. Micro data centers provide portability, modularity, and flexibility properties. Moreover, key industry players are focusing on R&D activities in order to develop advanced and effective solutions for quick and secure deployment of data centers, which in turn is stimulating the industry outlook. Rising installation of portable IT solutions in order to save space and power, in a bid to create energy-efficient data center solutions is facilitating the business scenario.
The report states that the IT & telecom segment held the largest share in micro data center market lately and is expected to register consistent growth during the forecast period. Surging need for data storage and processing solutions in IT & telecom sector has led to growing demand for micro facilities, thereby fueling the segmental growth.
The report cites that the micro data center market in North America is presumed to expand significantly during the estimated timeframe. Surging need for data centers in small and large enterprises, rising adoption of cloud services, and rapid expansion of colocation services are contributing towards the popularity of micro data center across North America.
Zellabox, Vertiv Co., Vapor IO, STULZ Gmbh, Schneider Electric SE, Shenzhen Kstar Science & Technology Co. Ltd., Sicon Chat Union Electric Co. Ltd., Rittal GmbH & Co. KG, Panduit Corporation, IBM Corporation, Huawei Technologies Co. Ltd., Hitachi Ltd., Hewlett Packard Enterprise, Hanley Energy, Eaton Corporation PLC, Delta Power Solutions, Dell Inc., Canovate Group, Cannon Technologies, ALTRON A.S., Attom Technology, and Advanced Facilities Inc. are the prominent companies operating in the micro data center market.