Asia Pacific Micro Data Center Market Forecast to 2030 - Regional Analysis by Rack Type (Single Rack and Multi Rack), Organization Size (Large Enterprises and SMEs), and End User (BFSI, Retail, IT & Telecom, Manufacturing, Healthcare, and Others)

Asia Pacific Micro Data Center Market Forecast to 2030 - Regional Analysis by Rack Type (Single Rack and Multi Rack), Organization Size (Large Enterprises and SMEs), and End User (BFSI, Retail, IT & Telecom, Manufacturing, Healthcare, and Others)

The Asia Pacific micro data center market is expected to grow from US$ 1.02 billion in 2023 to US$ 2.85 billion by 2030; it is estimated to register a CAGR of 15.4% from 2022 to 2030.

The deployment of 5G is expected to significantly increase the volume of data traffic, as 5G offers much high-speed data and lower latency than the 4G and other networks. According to the Cisco company’s report published in 2022, 5G is expected to support more than 10% of the world's mobile connections by the end of 2023, with an average speed of 575 Mbps, i.e., 13 times faster than the average mobile connection. Due to increased data traffic, businesses and enterprises are seeking a location to store, process, and distribute their data more efficiently and reliably, contributing to the need for micro data centers, thereby driving the Asia Pacific micro data center market. Moreover, the major advantage of 5G deployment is its ability to support a wide range of IoT services and applications, such as autonomous vehicles and industrial automation. These applications generate large amounts of data, which needs to be processed in real time and stored securely. Micro data center facilities offer a cost-effective and scalable solution for storing and processing this data, providing high security, redundancy, and connectivity. Several Asia Pacific micro data center market players are launching data centers. For instance, in November 2022, Rittal RiMatrix launched new Micro Data Centers, which are compact, powerful, and fully-fledged homes for IT hardware. Therefore, the increasing deployment of 5G services is expected to offer lucrative opportunities for the Asia Pacific micro data center market growth.

Businesses are focusing on reducing their carbon footprint. As digital consumption increases, the need for data storage is also growing, resulting in a rise in company’s environmental responsibilities. Micro data centers are compact equipment for storing enormous amounts of data. A micro data center is the size of a small refrigerator with its own power and cooling features. It offers several environmental advantages, such as storage satisfies the increasing need for edge computing capabilities and dramatically reduce energy requirements. Companies that have switched to micro data centers in 2021 have reported power savings of up to 70%, according to Vertiv Group Corp. Micro data centers can be placed in meeting rooms, board rooms, reception areas, or other small spaces. Server rooms typically emit 75–95Db of noise, and a micro data center emits ~35Db of noise. In addition, storage in a micro data center can easily be increased when needed. This negates the requirement for a large outlay during the initial stages of a business, with minimal downtime when there is a need to add future storage. From energy savings to reduced latency, micro data centers are specifically designed for companies that are more focused on environmentally friendly solutions. For instance, in September 2021, Zella DC, an Australian micro data center firm, launched an environmentally friendly micro data center. Therefore, the demand for micro data centers is increasing with the increasing focus on environmentally friendly data centers, which is expected to boost the Asia Pacific micro data center market growth.

Eaton; Hewlett Packard Enterprise Development LP; Hitachi, Ltd.; Rittal GmbH and Co. KG; Legrand SA; Zella DC; HIRO micro data centers; Schneider Electric; Delta Power Solutions; and Vertiv Group Corp are a few Asia Pacific micro data center market players profiled in this market study.

The Asia Pacific micro data center market is segmented on the basis of rack type, organization size, and end user. Based on rack type, the Asia Pacific micro data center market is bifurcated into single rack and multi rack. Based on organization size, the Asia Pacific micro data center market is bifurcated into SMEs and large enterprises. Based on end users, the Asia Pacific micro data center market is segmented into BFSI, retail, IT & telecom, manufacturing, healthcare, and others. Based on country, the Asia Pacific micro data center market is segmented into Australia, Indonesia, New Zealand, Singapore, Thailand, Vietnam, Philippines, Bangladesh, Sri Lanka and rest of Asia Pacific.

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