Global Modular Data Center Market is Expected to Register a Healthy CAGR in the Forecast Period of 2019 to 2026

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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Global Modular Data Center Market

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.

Segmentation: Global Modular Data Center Market

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

  • In April 2018, Nokia announced the launch of their new Edge Cloud Data Center solution to meet the stringent and low- latency data processing demand of Cloud RAN and advanced applications for consumers and industries. This AirFrame open edge cloud is developed is developed for the 5G era as wireless technology will create will create opportunities for operator like virtual and augmented reality video and real-time industry automation which will encourage them to implement a layered cloud architecture.
  • In June 2017, Intel announced the launch of their latest generation of its Xeon server chip which is based on Skylake architecture. This aligns closely with Intel's data storage, networking and memory products. The mesh architecture allows the data to flow directly between cores for improved performance and supports up to 28 cores and 56 threads per socket. 36 terabytes of system memory is supported by the chip and can scale to support 2-socket through 8-socket systems and beyond.

Key Market Competitors: Global Modular Data Center 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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