Modular data center market projected to grow to USD 111.3 billion by 2032.
From GlobeNewswire: 2025-01-21 09:00:00
The Modular Data Center Market is projected to grow from USD 25.3 billion in 2023 to USD 111.3 billion by 2032, with a CAGR of 17.93% from 2024-2032. The demand is driven by cloud, 5G, and IoT technologies, with modular data centers offering scalability, faster deployment, and energy efficiency compared to traditional data centers.
Major players in the market include Schneider Electric, Huawei Technologies, Vertiv, Dell Technologies, IBM Corporation, and more. The market scope covers key regions like North America, Europe, Asia Pacific, Middle East & Africa, and Latin America, with key growth drivers being rapid expansion, reduced deployment time, and operational costs.
In the Modular Data Center Market, function module solutions lead in revenue share, while services are expected to drive the fastest growth. The services segment includes installation, maintenance, and managed services, catering to the increasing complexity of modular data centers and the need for remote monitoring, cybersecurity, and energy optimization.
Large enterprises currently dominate the market due to their high data processing needs and bigger budgets for advanced infrastructure. However, small and medium enterprises are expected to drive the fastest growth as they look to enhance operational efficiency and reduce costs with scalable and quick-to-deploy solutions.
The market segmentation includes components like solutions, design and consulting, integration and deployment, maintenance & support, organization size (large enterprises, SMEs), and industry verticals such as BFSI, IT & Telecom, Government & Defense, and Healthcare. North America leads the market, but Asia Pacific is expected to show the fastest growth due to technological advancements and increased demand for cloud computing. Title: “Innovative Modular Data Center Solutions Drive Market Growth in Asia Pacific”
The market for modular data centers is on the rise, fueled by regulatory compliance and disaster recovery needs. Asia Pacific is poised for the fastest growth due to industrialization, digitalization, and data generation. Recent launches by Huawei and Vertiv highlight the demand for scalable solutions in cloud computing and edge computing.
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