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Global Modular Data Center Market to Reach US$ 52.4 Billion by 2027, Impelled by Significant Growth in Information Technology (IT) Industry

Published on Oct 04, 2022

According to the latest report by IMARC Group, titled "Modular Data Center Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," the global modular data center market reached a value of US$ 21.3 Billion in 2021. A modular data center is an alternative to traditional brick-and-mortar data centers. It is a portable system which can be conveniently stationed to support existing data centers or be integrated into a system of modules. It consists of all standard components, such as power, IT, cooling, fire protection, and access control elements. It is manufactured by integrating prefabricated modules that are built within a factory and shipped to the client site, wherein they can be assembled, deployed, and commissioned. These centers are highly scalable, energy-efficient, and can be rapidly deployed to meet the client's current and near-term needs.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Global Modular Data Center Market Trends:

The global market is primarily driven by the growing demand for energy-efficient data centers. In line with this, significant growth in the IT and telecom industry is positively influencing the market. Furthermore, heavy investments by key players and governments of various countries in developing innovative prefabricated data centers are catalyzing the market. Apart from this, extensive 5G network infrastructure development is creating a positive outlook for the market. Moreover, the rising demand for green data center infrastructures across the IT and telecom and healthcare industries is propelling the market. Besides, the increasing demand for solutions and services, such as cloud-based networking, artificial intelligence (AI), robotics and automation, is offering lucrative opportunities for players to develop modular data centers. Additionally, the widespread adoption of collocation solutions, such as all-in-one and individual, offered by the market players are providing a boost to the market.  On account of the aforementioned factors, the market is anticipated to reach a value of US$ 52.4 Billion by 2027, exhibiting a CAGR of 16.11% during 2022-2027. 

Market Summary:

  • On the basis of the component, the market has been segmented into solutions (all-in-one module and individual module), and services (design and consulting, integration and deployment, and support and maintenance).
  • Based on the data center size, the market has been categorized into small and medium-sized data centers, and large data centers.
  • On the basis of the application, the market has been classified into disaster backup, high performance/edge computing, data center expansion, and starter data centers.
  • On the basis of the industry vertical, the market has been segmented into BFSI, IT and telecom, retail and manufacturing, healthcare, energy, media and entertainment, government and defense, and others.
  • On the basis of the region, the market has been divided into North America (the United States and Canada), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia and others), Latin America (Brazil, Mexico and others) and the Middle East and Africa. 
  • The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market. Some of the key players include BASELAYER Technology LLC (Intermountain Electronics Inc.), Cannon Technologies Ltd, Dell Technologies Inc., Eaton Corporation plc, Hewlett Packard Enterprise Development LP, Huawei Technologies Co. Ltd., International Business Machines Corporation, Rittal GmbH & Co. KG, Schneider Electric SE and Vertiv Group Corp.
     

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