Modular Data Centre Market 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 Centre Size (Small Data Centres, Micro, Others, Mid-Sized Data Centres, Large Data Centres), By Industry Vertical (BFSI, Telecom & IT, Energy, Government & Defence, Manufacturing, Research, Healthcare, Others) & Region - Forecast to 2024 - 2034.

NEWARK, DE / ACCESSWIRE / July 22, 2024 / The modular data center market size is expected to reach USD 135 billion by 2034. It is projected to exhibit a CAGR 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.

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.

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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 Sudip Saha Managing Director and Co-Founder at Future Market Insights.

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.

Why is Demand for Modular Data Centres Surging Across the World?

As digitization spreads across the world and technology becomes more cloud-focused, demand for modular data centre designs is expected to increase prominently, and this research analysis market growth across regions such as North America, Latin America, Europe, East Asia, South Asia & Pacific, and the Middle East & Africa (MEA).

Shipments of modular data centres in North America are expected to hold a dominant share in the global market landscape. Sales of modular data centres in the region are expected to be driven by factors such as high technological proliferation, presence of major technology companies, rising government investments in construction of data centres, etc.

The modular data centre solutions market is Europe is predicted to rise at a significant CAGR over the forecast period. Demand for modular data centres in the region is expected to be driven by rising investments to establish secure data centres, increasing number of technology companies in the region, and other factors. Major countries to look out for in this region are Germany, France, and the U.K.

The regions of East Asia, South Asia and the Pacific are expected to see rapid increase in demand for modular data centres over the forecast period. Increasing number of SMEs and start-ups in these regions is majorly expected to propel shipments of modular data centres. Demand in these regions is expected to be led by India and China who have a rapidly developing technology industry.

Sales of modular data centres in the MEA region is expected to rise at a modest and steady pace over the forecast period. Modular data centre demand is expected to grow as investments in the region increase and government initiatives promote the growth of the technology industry.

Country-wise Analysis

Is India Expected to See an Increase in Deployment of Modular Data Centres?

India is one of the most foremost developing nations in the world and the nation has seen some amazing growth in the technology industry over the past couple of decades, and this is expected to be prevalent over the forecast period as well.

Increase in the establishment of SMEs in the technology industry coupled with rising technological proliferation in the nation is expected to majorly influence modular data centre manufacturers' market stance over the forecast period.

How Important is the U.S. Market for Modular Data Centres?

The U.S. modular data centre market is one of the most important ones in the global landscape. This can be attributed to the high use of technology in the nation, presence of key technology companies such as Google, Amazon, Facebook, etc.

Demand for modular data facilities is expected to see a significant increase over the forecast period as government initiatives promote the growth and popularity of cloud-based systems and solutions.

Competitive Landscape

Companies in this market are actively investing in continuous research and development to stay at the forefront of modular data center technology.

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.

Key Companies in the Market

• Schneider Electric

• Hewlett Packard Enterprise (HPE)

• IBM Corporation

• Dell Technologies

• Vertiv

• Eaton Corporation

• Huawei Technologies Co., Ltd.

• 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

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Modular Data Center: 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

Author By:

Sudip Saha is the managing director and co-founder at Future Market Insights, an award-winning market research and consulting firm. Sudip is committed to shaping the market research industry with credible solutions and constantly makes a buzz in the media with his thought leadership. His vast experience in market research and project management a consumer electronics will likely remain the leading end-use sector cross verticals in APAC, EMEA, and the Americas reflects his growth-oriented approach to clients.

He is a strong believer and proponent of innovation-based solutions, emphasizing customized solutions to meet one client's requirements at a time. His foresightedness and visionary approach recently got him recognized as the ‘Global Icon in Business Consulting' at the ET Inspiring Leaders Awards 2022.

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