The modular data center market size is expected reach USD 135 billion by 2034. It is projected to exhibit a CAGR growth of 18.3% over the forecast period. The market is estimated to be worth USD 25 billion in 2024.
In the last few years, companies in the IT and technology sector have been seeking effective and efficient solutions for managing their growing data processing and storage demands. Modular data centers have emerged as a strategic choice for these companies as they offer scalable solutions that can easily accommodate the increasing data loads of IT and technology companies.
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The demand for modular data centers in this sector is also touching the skies due to their quick deployment capabilities that help these companies set up modular units rapidly to meet immediate computing needs or address expansion requirements. Not just these, modular data centers also find their applications in disaster recovery, edge computing, and various specific use cases within the IT and technology sector.
Developers worldwide are also increasingly adopting modular data centers to support various construction projects, ensuring efficient and reliable IT infrastructure. Modular data centers are also becoming pivotal for deploying and managing AI and ML workloads. The versatility of modular data centers is making them an integral component of various industries.
“Companies involved in the market must provide education and awareness programs to address misconceptions about the reliability and capabilities of modular data centers, building trust among potential customers,” says an FMI analyst.
Key Takeaways from the Market Study
- The independent modular container segment dominates the modular data center market with a share of 55.50%.
- On the basis of data center size, the mid-sized data center segment leads the market with a share of 51.00%.
- The modular data center market in the United States is predicted to grow at a remarkable CAGR of 15.20% through 2034.
- The modular data center market in Germany is predicted to rise at a whopping 17.80% CAGR through 2034.
- The modular data center market in Australia has the potential to increase at a 21.80% CAGR through 2034.
- The Japanese modular data center market is predicted to progress at a 19.60% CAGR through 2034.
- The modular data center market in China is predicted to grow at a CAGR of 18.80% through 2034.
Competitive Landscape
Companies in this market are actively investing in continuous research and development to stay at the forefront of modular data center technology. Key players in the global modular data centers market include CUPERTINO ELECTRIC INC., Dell Delta Power Solutions, Eaton, Hewlett Packard Enterprise Development LP, Huawei Technologies Co. Ltd., Inspur Technologies Co. Ltd., and IBM Corporation.
The focus of these key players extends beyond technological advancements, as they are also committed to providing scalable solutions. Recognizing the varying needs of different industries and businesses, these companies aim to offer modular data centers that can adapt to different scales and requirements.
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Other Key Companies in the Market
- Schneider Electric
- Dell Technologies
- Vertiv
- Cisco Systems, Inc.
- Rittal GmbH & Co. KG
- Cannon Technologies Ltd.
- Flexenclosure AB
- BladeRoom Group Ltd.
- CommScope
- Stulz GmbH
- Baselayer Technology, LLC
- SGI (Silicon Graphics International)
- Iron Mountain Incorporated
- Aceco TI
- Hanley Energy
- Canovate Group
Market Segmentation
By Component:
- Solutions
- All-in-one Containers
- 20-Feet Containers
- 40-Feet Containers
- Customised Containers
- Independent Module Containers
- IT Modules
- Power Modules
- Cooling Modules
- Services
By Data Center Size:
- Small Data Centers
- Micro
- Others
- Mid-Sized Data Centers
- Large Data Centers
By Industry Vertical:
- BFSI
- Telecom and IT
- Energy
- Government and Defence
- Manufacturing
- Research
- Healthcare
- Others
By Region:
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East and Africa
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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