High Data Traffic Storage Requirement Expected To Drive Global Modular Data Center Market Growth

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Modular data center is an efficient substitute to the traditional data centers, as they are portable systems that can be handily placed anywhere to back consumers’ prevailing data center, or can be incorporated into a modules system. The key factor driving the growth of the global modular data center market is the scalability and mobility offered by them. The modular data centers’ mobility allows users to reposition their data centers, instead of thrashing them and building a new one at a new location.

Modular Data Centre Market

Further, to house high data traffic, enterprises are escalating their spending on building data centers, thereby boosting market growth. To cite, in April 2020, an expenditure of USD 28 billion was declared by Alibaba to build next-gen data centers over the following 3 years to back digital transformation requirements. Also, the COVID-19 outbreak will have a modest influence on the expansion of the global modular data center market. Several nations have enforced social distancing policies and stay-at-home orders, thereby driving media consumption and remote work. These will subsequently surge the usage of online services comprising VPNs, streaming media, cloud computing, and online gaming applications. The business & social displacement resulting from this pandemic is fueling the market demand.

The global modular data center market can be bifurcated based on data center size, industry, component, tier type, and region. By component, the market is segregated into services and functional module solutions. By data center size, it is divided into enterprise data centers, mid-sized data centers, and large data centers. By industry, the market is classified into BFSI, government & defense, IT & telecom, education, healthcare, energy, retail, and manufacturing. By tier type, it is diversified into tier 4 data centers, tier 3 data centers, tier 2 data centers, and tier 1 data centers.

North America is projected to rule the global modular data center market during the forecast period owing to the expansion of mobile broadband along with a rise in cloud computing and big data analytics fueling the need for new data center infrastructures. Also, this region includes a significant number of data centers with several companies shifting to software from hardware-based services further driving market expansion. Asia Pacific modular data center market is projected to display lucrative growth rate owing to the rising data center traffic in nations like Japan, China, Australia, South Korea, and Hong Kong.

Few of the key players within the global modular data center market include IBM Corporation, Huawei Technologies Co., Ltd., BripCo (UK) ltd., Eaton, COMMSCOPE, Cannon Technologies Ltd., Flexenclosure AB, Dell, Rittal GmbH & Co. KG, Hewlett Packard Enterprise Development LP, Vertiv Co., Schneider Electric, Taplytics Inc., and Baselayer Technology, LLC.

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