Modular Data Center Market is segmented By Component (Solution and Services) and By Application (Medical Devices and Components, IT & Telecommunication, Industrial, BFSI, Energy, Healthcare, Government, Defense) and Region (United States, Canada, Mexico, South America, France, Germany, Italy, Spain, United Kingdom, Russia, China, India, Philippines, Malaysia, Australia, Austria, South Korea, Middle East, Japan, South Africa, Rest of World)
Modular Data Center Market size was estimated at $23.0 billion in 2022 and is growing at a CAGR of 29% during the forecast period of 2022 to 2032.
A modular data center is a technique of deploying data center capacity that is movable. A modular data center may be placed anywhere more data capacity is required. Modular data center systems are composed of purpose-built modules and components that enable the creation of scalable data center capacities with various power and cooling choices. Modules can be supplied to existing data centers to be added, integrated, or retrofitted. Typically, a modular data center is composed of standardized components. Modular data centers are frequently promoted as converged infrastructure, emphasizing economies of scale and energy efficiency and care for the external environment. Modular aspects of a data center include deployment, consumption, and financing. Its architecture is built on modular components that allow for technological flexibility while keeping lead times to a minimum.
The majority of firms will not make a significant capital investment unless they maximize their return on investment, ideally as fast as feasible. Even companies that are ready or able to spend more money on providing space for future development struggle with determining the appropriate amount of capacity to bring online. For instance, if they create an excessive amount of data centre capacity, the organizations cash would be wasted. On the other side, if IT capacity requirements exceed expectations, the firm may find itself scrambling to secure more money. As an alternative, several businesses have resorted to colocation data centers to manage capacity requirements efficiently.
Additionally, as big data grows in popularity, more businesses have shifted to colocation data centers. This results in lower upfront expenses for clients. Scaling a data center is one of the most challenging tasks for colocation providers. As a result, one-way colocation providers may expand more quickly and effectively is through modular design in their data centers. Additionally, best-in-class modular data centers include built-in cooling and power redundancy to reduce the likelihood of downtime. More precisely, they provide what is referred to as concurrent maintainability. This enables the operations team to do the mechanical and electrical repair without affecting power to the IT load, cooling systems, or any equipment that affects the operating condition of servers.
Modular Data Center Market Growth and Trend
The increasing need to simplify traditional facilities generates demand for prefabricated data centers that provide scalability and setup. End users can transfer their systems to new/remote sites due to the mobility of these facilities. Prefabricated modules quickly meet clients capacity needs. These facilities offer high density, low PUE, and considerable cost and time savings due to their rapid implementation.
The Molding Compound Market is developing due to the rising need for corrosion and heat-resistant electronics components, the increasing need for bio-based materials, and increasing sales in the automotive sector. The expanding use of heat resistant, high dielectric strength, and flame resistant materials by different ends user sectors such as automotive, transport, and constructions. Urbanization and rising disposable income in emerging nations are driving the markets expansion.
Additionally, the growing usage of green molding compounds, increased product development, and the ever-increasing trend of vendors collaborating to produce new products all provide potential prospects for the market. For instance, in 2020, Hexion Inc. announced a deal to sell its Phenolic Specialty Resins, Hexamine, and European-based forest product resins businesses to Black Diamond and Invest industrial for roughly $425 billion. This deal involves acquiring approximately 900 employees and 11 production locations worldwide that produce phenolic specialty resins and specialized thermoset molding compounds.
Modular Data Center Market Segmentation
The modular data center market is segmented by component and industry vertical. Based on component, the market consists of solution and services. Based on application, the market is divided into medical devices and components, IT & telecommunication, industrial, BFSI, energy, healthcare, government, defense.
Modular Data Center Market Country Analysis
North America owns the lions share of the modular data center market, owing to the widespread presence of prominent modular data center suppliers and the thriving IT and telecommunications industries. Additionally, the market is growing due to increased investment by crucial companies and governments in developing new prefabricated data centers. However, Asia-Pacific is expected to grow at the fastest rate during the projected timeframe for the modular data center market, driven by factors such as a rapid expansion of 5G network facilities and an increase in the number of start-ups and small- and medium-sized enterprises (SMEs) in developing economies such as India, China, and South Korea.
Modular Data Center Market Share and Competition
The major players operating in the global modular data center market are Flexenclosure AB, Cisco Systems, Inc., Cannon Technologies, Baselayer Technology, STULZ GmbH, Schneider Electric SE, IBM Corporation, Vertiv Co., Huawei Technologies, IO Data Centers LLC, Emerson Network Power HP, Dell, SGI Corporation, and Eaton Corporation.
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Industry Segmentation and Revenue Breakdown
Component Type Analysis (Revenue, USD Million, 2022 – 2032)
Application Analysis (Revenue, USD Million, 2022 – 2032)
• Medical Devices and Components
• IT & Telecommunication
Region Analysis (Revenue, USD Million, 2022 – 2032)
• North America
o United States
• South America
o United Kingdom
• Asia Pacific
o South Korea
• Middle East
o GCC C ountries
o South Korea
• South Africa
• Rest of World
Modular Data Center Market Companies
• Flexenclosure AB
• Cisco Systems, Inc.
• Cannon Technologies
• Baselayer Technology
• STULZ GmbH
• Schneider Electric SE
• IBM Corporation
• Vertiv Co.
• Huawei Technologies
• IO Data Centers LLC
• Emerson Network Power HP
• Dell, SGI Corporation
• Eaton Corporation.
• United States Modular Data Center Industry Research Report
• Europe Modular Data Center Industry Research Report
• Asia Pacific Modular Data Center Industry Research Report
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