Modular Data Center Market to 2027 - Emerging Growth Drivers and Application Analysis
Recent trends in the global modular data center market are being propelled by the soaring demand for maintenance & support services across various regions. Driven by this, numerous industry players are focusing on providing services for infrastructural management, environmental monitoring, disaster recovery, and data management. The services comprise specialist data center audits and survey services that have been designed for ensuring the efficient operation of infrastructure.
Driven by similar advancements, modular data center market share is set to surpass USD 25 billion by 2027, cites the latest research conducted by Global Market Insights, Inc. Citing an instance, in February 2020, Dell launched a batch of new software and hardware, making it easier for businesses to manage and build edge data centers and conduct data analysis in rugged, remote, or cramped locations for edge computing.
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Impact of COVID-19 pandemic on the product demand
The SARS-CoV-2 pandemic has led to the increasing adoption of telemedicine solutions, positively influencing product demand across the healthcare industry. The market growth is propelled by increasing provision of regional government incentives for the implementation of Electronic Health Record.
The adoption of smart medical devices enhances the need for modular data centers that are purpose-built, circular, containerized, and pre-engineered for meeting the unique requirements of numerous medical facilities.
A modular data center is designed for optimizing sustainability, reducing infrastructure costs, and speeding up implementation. This optimizes medical system upgrades and simplifies access to EHR (Electronic Health Record) systems.
Increasing adoption across industrial sector
The demand for modular data center solutions is rising across the industrial sector driven by the advent of IIoT (Industrial Internet of Things). Industrial units mainly deploy prefabricated and containerized facilities for enhancing the performance of IT operations.
The market growth is being driven by the increasing penetration of automated machines in industries and the high demand for long-range modular data centers.
Soaring demand for deployable & scalable data centers
The industry is witnessing escalating demand for scalable, deployable, and compact data centers. Furthermore, the mounting demand for customizable and colocation data centers will also boost product adoption in the ensuing years. The facilities are functional module configuration-based and offer scalability and feasible power & cooling sources.
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North America modular data center market: A regional perspective
North America is witnessing a rise in the adoption of AI-based and cloud solutions and Internet of Things (IoT) by end-user industries comprising healthcare and BFSI. The region has numerous data center providers and has recorded surging need for the reduction of carbon footprints. Owing to these aspects, North America modular data center industry is expected to register substantial expansion through the coming years.
In a nutshell, the increasing product adoption among automotive players owing to the advantage of processing unstructured data is likely to bolster industry expansion over the estimated period.
Major players operating across the industry comprise Cisco Systems, Inc., BladeRoom Group Ltd., Baselayer Technology, LLC., CommScope, Inc., Rittal GmbH & Co., Vertiv Co., STULZ GmbH, Dell, Inc., Schneider Electric SE, SGI Corporation, Rahi Systems, Eaton Corporation, and others.
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