According to Data Bridge Market Research new Market report, global modular data center market will account to an estimated USD 19.09 billion in 2018 growing at a CAGR of 30.48% during the forecast period of 2019 to 2026.
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Modular data center market system is a portable method of deploying data center capacity which can be placed anywhere wherever a data capacity is needed. They usually consist of purpose- engineered modules and components to offer scalable data center capacity with multiple power and cooling options. The target market is overcrowded data center owners and those who are in need of massive mobile computing power, such as the military, government, physics labs, financial institutions and disaster recovery providers.
Global modular data center market is segmented on the basis of component, data center size, tier type, industry and geography.
By Component (Functional Module Solutions, Services); Data Center Size (Mid-Sized Data Centers, Enterprise Data Centers, Large Data Centers); Tier Type (Tier 1 Data Centers, Tier 2 Data Centers, Tier 3 Data Centers, Tier 4 Data Centers); Industry (Banking, Financial Services, and Insurance, IT and Telecom, Government and Defense, Healthcare, Education, Retail, Energy, Manufacturing), , Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)
FACTORS DRIVING GROWTH IN MODULAR DATA CENTER MARKET
Recent Development in the market
Few of the major competitors currently working in modular data center market are Huawei Technologies Co., Ltd., IBM Corporation, Eaton, BripCo (UK) ltd., Cannon Technologies Ltd., COMMSCOPE, Dell, Flexenclosure AB, Hewlett Packard Enterprise Development LP, Rittal GmbH & Co. KG, Schneider Electric, Vertiv Co., and Baselayer Technology, LLC and Taplytics Inc.
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