April 13, 2020
According to the research report titled ‘Modular Data Center Market Size By Component , By Application, Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2019 – 2025’, available with Market Study Report LLC, global modular data center market is estimated to cross USD 50 billion by the year 2025.
Growing demand for portable, cost-effective and scalable IT infrastructure for data processing and storage across small scale businesses is a major factor driving the growth of modular data center industry. Prefabricated facilities offer high energy efficiency, less installation or deployment cost & time, and low PUE (power use effectiveness).
Rising adoption of cooling devices, UPS, racks & enclosures in order to enhance energy efficiency and system performance is further fueling the market expansion. There has been an upsurge in demand for built-in power, system management, lighting and cooling systems. Shifting preference for all-in-one facilities owing to integrated and pre-installed tools is also stimulating the industry outlook.
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Based on the application spectrum, the report states that healthcare sector is expected to register significant growth during the forecast period, primarily due to growing demand for data storage facilities. Growing inclination towards robotic detecting or monitoring tools including disinfection & sanitation robots have allowed surgeons to have a comprehensive assessment of patient’s health. Increasing focus of healthcare facilities to expand their IT infrastructure while maintaining the power & cooling costs is aiding the segmental growth.
As per regional analysis, the report cites that Latin America modular data center industry is presumed to expand considerably during the estimated timeframe. Increasing implementation of containerized facilities along with shifting emphasis of industry players towards expansion of their business operations in Latin America are favoring the market outlook.
The eminent companies operating in modular data center industry are Rittal GmbH & Co. Kg., Vertiv Co., Flexenclosure AB, Eaton Corp., IO Data Centers LLC, BladeRoom Group Ltd., SGI Corp., Schneider Electric SE, Huawei Technologies Co. Ltd., Hewlett-Packard Enterprise Co., CommScope Inc., Stulz GmbH Baselayer Technology LLC, IMB Corp. and Cisco Systems Inc. among others.
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