Forecast Period | 2024-2028 |
Market Size (2022) | USD 22.14 Billion |
CAGR (2023-2028) | 17.28% |
Fastest Growing Segment | Healthcare |
Largest Market | North America |
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A self-contained computing infrastructure that can be quickly set up and scaled up is known as a modular data center. It has servers, storage, networking, cooling, and power systems in standardized modules. These prefabricated modules are ideal for immediate computing requirements, disaster recovery, and remote environments due to their ease of transportation and installation. With the ability to add modules as needed, modular data centers provide enhanced security, flexibility, and energy efficiency. For businesses that need agile data center capabilities, they offer a simple and affordable solution.
Rapid Adoption of Cloud and Digital Transformation by Companies
The rapid growing digital journey across the globe is showcasing a remarkable pace since the adoption of cloud computing technologies by the enterprises. Due to the rapid pace of technological advancement, various countries are rapidly harnessing digital technologies to reap significant economic benefits in the long run. Many cloud service providers such as
Moreover, to keep ahead of the curve, government organizations have provided several grants and incentives to assist guide the rise of digitalization. With the use of cloud and digital technologies, all these businesses create enormous amounts of data, the bulk of which needs a particular type of data center. The need for cloud computing is also being fueled by the fact that many businesses now allow remote workers, and as cloud-managed services are an essential component of digital transformation, their demand is expected to increase in the coming years. Therefore, the rapid adoption of cloud and digital transformation by companies are attributed to the growth of global modular data center market.
The internet of things (IoT) is emerging as a prominent way to enable modular data center to become more reliable, efficient, secure that are driving the growth of the modular data center in the global market. Businesses are increasingly seeking to adopt IoT devices with more innovative ways to use IoT to improve the efficiency, reliability, and security of modular data centers and offer better customer experience. Service providers are offering an advanced IoT to monitor the power usage, ensuring the temperature and humidity within its optimal temperature range. This is making modular data centers a more attractive option for businesses that need to deploy data centers in remote or challenging locations. In addition, IoT devices generate a lot of data, which needs to be stored and processed in a secure and reliable environment to create long-term value for the business. Due to this, enterprises are integrating IoT to effectively enhance the applications and industrial equipment in several ways. Moreover, modular data centers can be deployed quickly and easily, and are made up of standardized components that can be easily replaced. This in turn is raising the growing inclination towards IoT is proliferating the growth of global modular data center market in the forecast period.
Growing Use of Renewable Energy
While the data centers are fueling global digital transformation journey, many data center service providers have invested in clean and renewable energy sources to run their existing and future facilities because of the rising data center power usage and the desire to reduce carbon footprint. Modular data centers can consume large amounts of energy if not planned well.
Recent Developments
- On Jun 20, 2023Barnet Hospital’s intensive care unit(ICU), announced the installation of a new containerized data center. Thesedata center contains 19-inch cabinet, cable management, cooling, UPS, power,monitoring, security, and fire protection of the Secure I.T. Environments microdata centers, which are all housed in a single small data center unit that is40 to 80 centimeters wide and up to 45U tall.
- On Jun 01, 2022Nvidia,unveiled the modular data center architecture. The Nvidia MGX serverspecification gives system makers a modular reference architecture that letsthem quickly and cheaply build more than 100 server variants for AI, highperformance computing, and Omniverse applications. The company aims toaccelerate computing options to aid enterprises bootstrap enterprise AI, whilesaving their significant amounts of time and money.
- On May 18, 2023SonicEdge, a UK modular data center firm, recently unveiled its partnership withDeep Green to deploy dozens of its multiple modular across the UK till 2024. Thecompany will be launching 50 new HPC/EdgePods to offer customers extremely low power costs for high-capacitycomputing. In addition, the partnership with Deep Green will guarantee that thedata centers will be powered by low-cost, carbon-free energy, minimizing theimpact that HPC operations have on the environment.
- On Sep 12, 2022Vertiv Inc.,announced the launch of “Vertiv prefabricated modular data centers” in India. Theintegrated solutions provide an easy method to install capacity in a shorteramount of time and are platforms that are adaptable and optimized for IT assetdeployment. Additionally, they offer simple scalability and enables theoperator of a data center to begin with a solution that meets immediaterequirements and expand capacity as required.
- On Jun 08, 2022SchneiderElectric, a leader in digital transformation announced the launch of a new EasyModular Data Center All-in-One Solution in Europe. The new launch enables and buildson the successes of its Easy physical infrastructure products. The fourdesigns, which include the Easy Rack, Easy PDU, and Easy UPS options, arecooled by extremely energy efficient InRow DX cooling systems, and SchneiderElectric's EcoStruxureTM IT Expert DCIM software provides enhanced remotemonitoring, management, and service support.
- On Jun 08, 2022AmazonWeb Services (AWS) announced the launch of a modular data center for USDepartment of Defense customers. The AWS MDC comes in a ruggedized container forthe environments that are disconnected, disrupted, intermittent, or limited(DDIL). With equipment for internal networking, cooling, and powerdistribution, the modular system is self-contained. Using multiple modular datacenter units, it can be scaled up.
- On Jan 10, 2022ColtData Centre Services (DCS), a colocation specialist, bought ten parcels of landfor upcoming data centers that will target important infrastructure hubs inEurope and Asia-Pacific. These incorporate London, Frankfurt, Paris, and ananonymous city in Japan. The locations, according to the company, had securedpower capacities of over 500 MVA, making them suitable for particularly largedata centers.
Market Segmentation
Company Profiles
IBM Corporation
Attribute | Details |
Base Year | 2022 |
Historical Years | 2018 – 2021 |
Estimated Year | 2023 |
Forecast Period | 2024 – 2028 |
Quantitative Units | Revenue in USD Billion and CAGR for 2018-2022 and 2023E-2028F |
Report Coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered | Component Solution Service Organization Size Industry Vertical Region |
Regional Scope | Asia-Pacific, North America, Europe, Middle East & Africa, South America |
Country Scope | China, Japan, India, Australia, South Korea, United States, Canada, Mexico, United Kingdom, Germany, France, Spain, Italy, Israel, Qatar, Saudi Arabia, UAE, Brazil, Argentina, Colombia |
Key Companies Profiled | IBM Corporation, Schneider Electric SE, Huawei Technologies Co. Ltd, Hewlett Packard Enterprise Development LP, Dell EMC (Dell Technologies), Vertiv Co., Cannon Technologies Ltd, Rittal Gmbh & Co. KG, Baselayer Technology LLC, Bladeroom Group Ltd. |
Customization Scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
Pricing and Purchase Options | Avail of customized purchase options to meet your exact research needs. Explore purchase options |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/pdf format on special request) |