Modular Data Center Market Share, Size, Trends, Industry Analysis Report, By Component (Solutions and Services); By Organization Size; By Industry Vertical; By Region; Segment Forecast, 2023 - 2032

Modular Data Center Market Share, Size, Trends, Industry Analysis Report, By Component (Solutions and Services); By Organization Size; By Industry Vertical; By Region; Segment Forecast, 2023 - 2032

The global modular data center market size is expected treach USD 106.34 billion by 2032, according ta new study by Polaris Market Research. The report “Modular Data Center Market Share, Size, Trends, Industry Analysis Report, By Component (Solutions and Services); By Organization Size; By Industry Vertical; By Region; Segment Forecast, 2023 - 2032” gives a detailed insight intcurrent market dynamics and provides analysis on future market growth.

Scalability of modular data centers that enables clients teasily relocate their data centers, rather than constructing new one and demolishing them is major factor expected tboost the growth of the global market over the anticipated period. Moreover, with the advent of fast internet facilities, telecommunication has become one of the key driving forces behind the global development and value creation. In countries like India, data consumption has increased significantly in the recent past, along with the emergence of 5G technology globally, the need for effective modular data centers has alsgrown rapidly and positively contributing tthe market growth.

According tEconomic Survey 2022, the number of internet users in India reached the value of 830 million in 2021, with a significant rise form 530 million in 2015. The average internet data usage has increased drastically from 1.24 GB per month in the year 2018 t14.1 GB in June 2021.

There is a significant increase in the demand for advanced & innovated data centers owing tthe stringent regulations in several countries coupled with the high implementation of market players on designing energy efficient modular data centers technology & tfurther providing tcompanies with very less or nenvironmental impact and optimum efficiency. The introduction tnumerous environment protection laws by government authorities is significantly stimulating the demand for less power consuming systems and catering the global market growth.

Modular Data Center Market Report Highlights

Solutions segment accounted for the highest market share in 2022, which is mainly accelerated by growing popularity of all-in-one format and in-house fabrication around the world

Large enterprises segment held the highest market revenue share owing tthe high spending capacity and higher investments on innovative solutions introduced by service providers

IT & telecom segment dominated the global market in 2022 on account of increasing proliferation of 5G cell towers and high deployment of micrmodular data centers for offering enhanced network connectivity

Asia Pacific region is projected tgrow at fastest CAGR during the anticipated period due tthe rising number of favorable government initiatives and support for the development of advanced data centers in the APAC countries

The global key market players include Hewlett Packard Enterprise Development, Huawei Technologies, Cannon Technologies, Vertiv Group Corporation, and PCX Holding LLC

Polaris Market Research has segmented the modular data center market report based on component, organization size, industry vertical, and region:

Modular Data Center, Component Outlook (Revenue - USD Billion, 2019 - 2032)

Solutions

Services

Modular Data Center, Organization Size Outlook (Revenue - USD Billion, 2019 - 2032)

Large Enterprises

Small & Medium Enterprises

Modular Data Center, Industry Vertical Outlook (Revenue - USD Billion, 2019 - 2032)

BFSI

IT & Telecom

Government & Defense

Media & Entertainment

Healthcare

Retail

Others

Modular Data Center, Regional Outlook (Revenue - USD Billion, 2019 - 2032)

North America

U.S.

Canada

Europe

Germany

UK

France

Italy

Spain

Russia

Netherlands

Asia Pacific

China

India

Japan

South Korea

Indonesia

Malaysia

Latin America

Argentina

Brazil

Mexico

Middle East & Africa

UAE

Saudi Arabia

Israel

South Africa