Statistics for the 2023 & 2024 Modular Data Center market trends, created by Mordor Intelligence™ Industry Reports. Modular Data Center trend report includes a market forecast to 2029 and historical overview. Get a sample of this industry trends analysis as a free report PDF download.
Due to the growing number of companies that provide cloud, colocation, and Web hosting services, demand from IT firms for modular data centers is increasing. The significant factor driving the continued growth of this segment is an ever growing number of enterprises adopting cloud computing.
By providing secure and compliant data centers with adequate access to the world's top telecommunications operators and cloud computing services providers, studied market players help IT companies achieve hybrid IT success. The information and communications technology industry seeks the fastest possible response time and provides services for Modular and micromodular data centers with much to offer.
A trend is emerging worldwide, such as enterprises adopting modular data centers due to security concerns. The Modular Data Centre Market in the Information Technology sector has been positively influenced by an increasing demand for data storage and its robust and efficient processing.
Based on the size of Chinese IT companies, private storage facilities and large-scale data centers are required. Furthermore, cloud storage selection has steadily increased over time due to the growing number of Software Service Providers, enabling them to improve their capacity and create demand for data centers. SaaS platform as a service (PaaS) and infrastructure as a service (IaaS) are among China's three major cloud computing categories. This fuels the demand for more data centers.
Understand The Key Trends Shaping This Market
North America accounts for the Significant Market Share
The demand for new data center infrastructure in this region is triggered by the growth of Mobile Broadband, increased levels of Big Data Analytics, and cloud computing. Many data centers are present in North America, with many companies switching from hardware to software-based services, and it is estimated that this market will be a potential target for data center installation.
Organizations are looking for modular services that allow them to select the desired service in an integrated portfolio to optimize infrastructure. Several service options are available from the online catalogs as part of a standardized deployment. These options offer the possibility of lowering an initial investment for companies. An excellent example of this situation is the IBM Integrated Managed Infrastructure Service.
Moreover, the size and scope of next-generation modular data centers will significantly change due to the penetration of Big Data and the Internet of Things in this region. Given the existing competition, IT scalability and capacity need to be developed by organizations. Modular data centers are gaining momentum, given their flexibility to install a facility in the least time due to an exponential growth of data, coupled with hybrid cloud and outsourcing third-party data centers.
Additionally, the increasing penetration of IoT is driving the demand for edge data centers. Many companies are taking advantage of IoT for applications ranging from retail to healthcare, and the amount of data generated is enormous.
Modular Data Center Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)
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