Global Modular Data Center Market Size, Trends & Growth Opportunity and By Type (Portable and Containerized), By Deployment (Large Data Center and Mid-Sized Data Center), By Industry Vertical (IT& Telecom, BFSI, Media & Entertainment, Healthcare, and Othe

Global Modular Data Center Market Size, Trends & Growth Opportunity and By Type (Portable and Containerized), By Deployment (Large Data Center and Mid-Sized Data Center), By Industry Vertical (IT& Telecom, BFSI, Media & Entertainment, Healthcare, and Others) By Region and Forecast till 2027.

Global Modular Data Center Market

The Global Modular Data Center Market is expected to grow from US$ 18,187.2 Million in 2021 to US$ 29,095 Million by 2027; it is estimated to grow at a CAGR of 8.15% from 2022 to 2027.

Market Overview

Modular data Center is the type of portable system for deployment of data Center whenever it is needed. Modular data Center is an alternative to traditional brick and mortar data Centers, that can be conveniently stationed anywhere to support customers existing data Center. These consist all standard components like IT cooling, power, fire protection and access control elements.

Market Drivers

Increase in need and requirement for scalable & portable data Center is the key driving factor which is expected to boost the global modular data Center market growth. Furthermore, increase in need for quick & efficient deployable data Centers among the business enterprise across the world will have the positive impact on market growth. Moreover, increase in penetration of digitalization has led to large amount of digital data which needs to be stored securely will fuel the market growth.

Market Restraints

However, increase in lock-in restricts the purchasing option which is the major restraining factor which is expected to hamper the global modular data center market growth. Also, reliance on pure as the sole efficiency measure will affect the market growth.

Impact of Covid-19

Globally, the COVID-19 pandemic has had an impact on a number of industries and economies. It has cleared the way for a digital economy to be widely accepted. Additionally, the rapid uptake of the work-from-home paradigm during the financial crisis and the ensuing need for software-as-a-service (SaaS) are the main causes of the massive traffic at data centres in 2020 and 2021. Additionally, businesses kept using the work-from-home or hybrid working models after 2021 by utilising cloud technology. As a result, data centres are helping public cloud companies like Google Cloud and Amazon Web Services grow.

Segmentation By Type: Global Modular Data Center Market is classified on the basis of Type into Portable and Containerized.

Segmentation By Deployment: Global Modular Data Center Market is classified on the basis of Deployment into Large Data Center and Mid-Sized Data Center.

Segmentation By Industry Vertical: Global Modular Data Center Market is classified on the basis of Industry Vertical into IT& Telecom, BFSI, Media & Entertainment, Healthcare, and Others.

Segmentation By Region: Global Modular Data Center Market is classified on the basis of Region into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The growing use of online and cloud-based technology, the proliferation of technology globally, the increasing demand for energy-efficient and sustainable data centres, the emergence of new SMEs, and the increasing load on existing data centres are some key factors driving the demand for modular data centres in Europe.

Market Key Players

Various key players are discussed in this report such as IBM Corporation, SGI Corporation, Hewlett Packard Inc., Emerson Network Power, Cisco System, Inc., Dell, Inc., Huawei Technology Co. Ltd, Schneider Electric SE, and Flexenclosure AB.

Market Taxonomy

• The 81 MW, 831 k sqft (77.2 k sqm), hyperscale data centre complex is being built around Didcot, England, a town that is located 60 miles (97 km) west of Central London, by CloudHQ, a hyperscale data centre developer and operator in the United States and Europe.