Increase in Demand for Flexible Data Facility Centers Drives the Demand for North America Modular Data Center Market

An increase in the demand for supporting the scalability of data centers at lower prices and the need for gaining end-to-end visibility for predicting capacity management requirements is expected to drive market growth. The major restraint is the high cost of different data center components and the complexities involved in the integration of different data center tools. The rise in the number of internet users across the globe respective to the digitalization trend, and rising advancements in the IT sector are expected to act as opportunities for the market in the future. However, improper data security in data centers are challenge for the market

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Data Bridge Market Research analyses that the North America Modular Data Center Market is expected to grow at a CAGR of 19.3% in the forecast period of 2023 to 2030 and is expected to reach USD 39,162.45 million by 2030.

Key Findings of the Study

Increase in Demand for Prefabricated Data Facility Centers

A modular data center is a pre-fabricated and pre-engineered facility built using standardized components. It can be easily transported, deployed, and scaled as per the requirements of an organization. It is designed to provide a flexible and efficient solution for housing data center infrastructure, including servers, storage, networking equipment, and cooling systems.

The growing popularity of edge computing, the rising need for scalable data centers from industries across all domains, the increase in demand for pre-fabricated data facility centers, and the need for gaining end-to-end visibility for predicting capacity management requirements are the major factors that are expected to drive the market growth. However, unreliable infrastructure in developing countries, complexities involved in integrating different data center tools, and high initial infrastructure costs are expected to restrain the market growth. The rise in digitalization trend, advancements in the IT sector, rising demand for remote working facilities, and surge in the adoption of AI and ML are expected to provide opportunities for market growth. However, the lack of data security is expected to challenge the market growth.

Thus, the above advantages for the businesses had them improve customer service as there is a rise in demand for improvement of customer services, which is expected to drive the market growth.

Report Scope and Market Segmentation

Segment Analysis:

The North America modular data center market is segmented into seven notable segments, which are based on component, type, application, deployment size, tier type, location type, and vertical.

• On the basis of component, the market is segmented into solution and services

In 2023, the solution segment is expected to dominate the North America modular data center market

In 2023, the solution segment is expected to dominate with the 62.51% market share, because component solutions provide high customization. Organizations can select and integrate different solutions based on their specific needs and preferences. This flexibility allows them to design and deploy a modular data center that aligns with their unique requirements, including computing power, storage capacity, and networking capabilities.

• On the basis of type, the market is segmented into full functional, partial fabricated, and micro data centers.

In 2023, the full functional segment is expected to dominate the North America modular data center market

In 2023, the full functional segment is expected to dominate with a 45.46% market share as it offers high scalability, allowing organizations to expand their IT infrastructure as their needs grow easily. These data centers are designed with modular components that can be added or removed, enabling seamless scalability without disrupting ongoing operations.

• On the basis of application, the market is segmented into smarter data centers, capacity expansion, high performance/ edge computing, disaster recovery, emergency and temporary deployment, and data center expansion. In 2023, the smarter data centers segment is expected to dominate with a market share of 33.44%.
• On the basis of deployment size, the market is segmented into large size data, medium size data center, and small size data center. In 2023, the large size data center segment is expected to dominate with a market share of 42.45%.
• On the basis of tier type, the market is segmented into tier 4, tier 3, tier 2, and tier 1. In 2023, the tier 4 segment is expected to dominate with a market share of 37.88%.
• On the basis of location type, the market is segmented into outdoor and indoor. In 2023, the outdoor segment is expected to dominate with a market share of 52.17%.
• On the basis of vertical, the market is segmented into BFSI, IT & telecom, energy & utilities, industrial, government & defense, manufacturing, healthcare, transport & logistics, media & entertainment, retail, education, and others. In 2023, the BFSI segment is expected to dominate with a market share of 20.24%.

Major Players

Data Bridge Market Research analyzes Dell Inc. (U.S.), Hewlett Packard Enterprise Development LP (U.S.), Vertiv Group Corp. (U.S.), IBM Corporation (U.S.), and Schneider Electric (France) as the major market player in the market.

Market Developments

• In June 2023, Hewlett Packard Enterprise Development LP announced the expanded partnership with Equinix to extend the HPE GreenLake private cloud portfolio at Equinix International Business Exchange (IBX) data centers.
• In May 2023, Dell Inc. introduced the Dell NativeEdge software platform to secure edge deployments. This new solution will help the company to simplify, secure, and automate edge infrastructure and application deployment.
• In April 2023, Schneider Electric came up with a new service offer, EcoCare, for modular data center services membership. This will help the company to ensure that the modular data centers are optimally performing, getting the support of experts with a comprehensive operational understanding, and running smoothly and efficiently.
• In February 2023, Vertiv Group Corp. announced the launch of a high-quality Vertiv MegaMod to deploy in units of 0.5MW and 1MW. This will help the company to diversify the product portfolio and even help to skip multiple steps and reduce deployment timeframes by 50% or more, down to an average of 10 months.
• In February 2023, IBM Corporation announced its partnership with SAP to develop cloud technologies for data center development. This partnership helped the company to bring innovations related to the cloud's associated data center about duration, costs, availability of tools, the integration of the SAP landscape, and the complexities of creating a hybrid cloud platform.

Regional Analysis

Geographically, the countries covered in the North America modular data center market report are U.S., Canada, and Mexico.

As per Data Bridge Market Research analysis:

U.S. is the dominant country in the North America modular data center market

U.S. is expected to dominate the North America modular data center market as the region is home to many innovative technology companies, including major players in the data center sector. This technological expertise has contributed to developing and adopting modular data center solutions.

U.S. is estimated to be the fastest-growing country in the North America modular data center market in the forecast period 2023 - 2030

U.S. region is expected to be the fastest growing country in the North America modular data center market due to rise of scalable data centers from industries across all domains.

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