The global modular data center market size was US$ 20.1 billion in 2021. The global modular data center market is forecast to grow to US$ 62.1 billion by 2030 by growing at a compound annual growth rate (CAGR) of 19.1% during the forecast period from 2022 to 2030.
The fast, modular data center, also known as the deployable data center module, is a portable data center that allows for the deployment of data processing capacity. It offers scalable data center capacity as well as a variety of cooling and power options.
Regional Analysis
North America is forecast to dominate the modular data center market in terms of revenue. It is owing to the growing range of mobile broadband connections and the growing popularity of cloud computing, which will surge the demand for effective data center infrastructures in the region. In addition, the region comprises a wide range of data centers, and various companies are shifting from hardware to software-based services. All of these factors will contribute to the growth of the modular data center market.
The region is home to various prominent modular data center providers, such as Cisco Systems, Dell EMC, IBM Corporation, HPE, Vertiv Co., etc. Thus, it will contribute to the growth of the market.
COVID-19 Impact Analysis
Due to the wake of the COVID-19 pandemic, the demand for web-enabled services increased significantly. Netflix made headlines in the past as it earned around 15.77 million new paid subscribers between February and April 2020. Workplace communication tools like WebEx, Zoom and Microsoft Teams also gained significant popularity. Thus, it has been beneficial for the global modular data center market.
Furthermore, Alibaba Cloud, one of Chinas top cloud computing providers, announced its plan to fund RMB 200 billion in core technologies in 2020. In addition, the company also announced to introduce future-oriented data centers in the next three years. Such plans are likely to benefit the overall modular data center market.
Factors Influencing the Market
Growing investments in the cloud technology and modernization of the industry will contribute to the growth of the global modular data center market. For instance, the United States Army announced in October 2019 that it has planned to spend around USD 1 billion in cloud and data modernization. With this investment, the army intends to deploy two modular data centers in Iraq with Schneider Electric's prefabricated modular data center range called a Smart Shelter Container. Thus, such investments will benefit the overall modular data center market.
The modular data center's cost-cutting capabilities will benefit the market. Modular data centers are at least 60% faster to deploy and provide a cost savings of 13% or more when compared to traditional data center power and cooling infrastructure. Thus, these benefits will surge the growth of the global modular data center market.
The growing initiatives by the companies will drive the global modular data center market forward. For instance, In January 2021, Vertiv Group Corporation unveiled its new containerized data centers and power systems in Africa, Europe, and the Middle East. Thus, it will contribute to the growth of the global modular data center market.
Competitors in the Market
CommScope, Inc.
Eaton, Dell Inc.
Hewlett Packard Enterprise Development LP
BASELAYER
Huawei Technologies Co., Ltd.
Rittal
Schneider Electric SE
IBM Corporation
Vertiv Group Corp.
Other Prominent Players
Market Segmentation
By Component Outlook
Solution
Services
By Organization Size Outlook
Large enterprises
Small & medium enterprises
By Industry Vertical Outlook
Manufacturing
Healthcare
Automotive
Media & Entertainment
Transport & Logistic
Government
Others
By Region
North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America
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