Market Size of Modular Data Center Industry
|2019 - 2029
|Market Size (2024)
|USD 30.34 Billion
|Market Size (2029)
|USD 67.32 Billion
|CAGR (2024 - 2029)
|Fastest Growing Market
*Disclaimer: Major Players sorted in no particular order
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Modular Data Center Market Analysis
The Modular Data Center Market size is estimated at USD 30.34 billion in 2024, and is expected to reach USD 67.32 billion by 2029, growing at a CAGR of 18.78% during the forecast period (2024-2029).
- Disaggregated data center solution units facilitate the building of the IT infrastructure. A modular approach can be applied at the level of data centers or a more general level.
- Modular architecture can support more than one workload to meet the needs of businesses as organizations continue to use cloud-based dispersed technologies. To meet the growing demand for cloud, mobile, and social analytics, these transportable data centers offer an effective, cost-efficient way of protecting computer performance while leaving no more floor space.
- The high demand for environmentally friendly data centers drives this market's growth. Green data centers use energy-efficient management methods and technology, providing enterprises with little environmental impact and optimum efficiency. Modular data centers are highly requested because of increased energy consumption and environmental protection requirements laid down by governments worldwide. One of the most significant advantages of modular data centers is that, compared to traditional data centers, they consume less power and are more energy-efficient, allowing them to meet companies' intrinsic requirements for lower energy usage.
- In the high-volume data center segment, there is a clear need for rapid infrastructure deployment in comparatively very dense configurations with an emphasis on energy and heat efficiency. We will likely see a much more significant module growth in this segment than conventional approaches.
- Regarding installation speeds and low capex, Modular Data Centres represent a challenge to traditional brick-and-mortar data centers. But, traditional data centers are likely to remain a reality, and some applications may be more suitable for modular data centers.
- The largest global investors are focusing on the market for digital infrastructure, with the extraordinary demand for capital to boost the data economy. The interest of investors remains high even during the COVID-19 situation. The investments in data centers increased after the growth of hyperscale computing. As the demand for modern, flexible, and scalable data centers increases, investments in data centers are expected to create opportunities to adopt modular data centers.