Title: Modular Data Center Market Report 2020-2026 by Regional Revenue, Growth & Trends Analysis
1Modular Data Center Market Demand Analysis and
Growth Forecast from 2020 to 2026
- Modular data center market is projected to
observe substantial growth through the
forthcoming timeframe owing to the increasing
development of connected devices and the
subsequent adoption of technologies like big data
and IoT across several industry verticals. This
has in turn lead to the generation of an immense
amount of data traffic, which is boosting the
demand for digital storage. This significant
growth in data is greatly influencing investments
in data center facilities as well as growth of a
number of cloud service providers worldwide.
Additionally, these conditions are also creating
a higher demand for modular data centers as they
are designed to deliver new capacities in three
to four months, which is faster than traditional
data centers. - As per a research report by Global Market
Insights, Inc., modular data center market is
estimated to exceed 35 billion valuation by
2026.
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2- Considering this increasing inclination towards
modular data center capacity, industry players
are rolling out new products to effectively
expand their respective revenue streams. Citing
an instance, in July 2020, Delta, renowned
thermal and energy management solutions provider,
reportedly announced the launch of SmartNode, an
innovative next-gen solution for modular data
center infrastructure offering versatile designs
of electrical as well as cooling systems, fast
deployment and mountable capacity for versatile
implementation in the regions including Europe
and MEA. Further, the new modularized data
centers are available in five different
capacities which range from 33 kW to 90 kW.
- In terms of component, the all-in-one functional
modules provide low power consumption and fast
deployment benefits in comparison to conventional
modules and are also packaged in typical shipping
containers. The data centers further provide easy
storage, lifting, and transportation, helping
enterprises decrease installation costs. In
addition, these data centers do not need a lot of
initial investments as well as flexibility to
scale up the business infrastructure needs.
- In terms of application, the healthcare sector is
changing swiftly with adoption of cutting-edge
technology, altering demographic landscape, and
timely legislation. The overall healthcare
industry was expected to annually invest 2.7
trillion on IT infrastructure, including data
centers by the end of 2020.
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4- The North America modular data center market is
an early adopter of the cutting-edge
technologies. Factors like increasing consumption
of online video and audio content along with high
adoption of innovative, advanced technologies
will influence the market growth. Rapid
advancements in the new technologies, IoT, and
infrastructure services are further driving cloud
providers to further expand their respective
facilities for supporting the increasing data
storage needs.
- The competitive spectrum of modular data center
market includes BladeRoom Group Ltd., Baselayer
Technology, LLC, Cancom SE, Cannon Technologies
Ltd., Eaton Corporation, CommScope, Inc., Dell,
Inc., and Cisco Systems, Inc. among others.
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