Modular Data Center Market Revenue, Outlook & Growth 2032
Global Modular Data Center Market Size, Share Analysis Report, 2024-2032

Modular Data Center Market Share, Size, Trends, Industry Analysis Report, By Component (Solutions and Services); By Organization Size; By Industry Vertical; By Region; Segment Forecast, 2024 - 2032

  • Published Date:Jan-2024
  • Pages: 117
  • Format: PDF
  • Report ID: PM3084
  • Base Year: 2023
  • Historical Data: 2019-2022

Report Outlook

The global modular data center market was valued at USD 25.14 billion in 2023 and is expected to grow at a CAGR of 17.4% during the forecast period.  The increasing demand for advanced prefabricated and green data center infrastructures across various industries including healthcare and IT & telecom, as these types of data centers usually assist businesses and organizations to increase their density and scalability, and can offer easy & quick deployment benefits, are major reason behind the tremendous growth of the market.

Modular Data Center Market Size

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In addition, rising implementation of the R&D activities by major market companies and increased government investment and support towards the innovation of data centers across the globe are likely to boost the modular data center market over the coming years.

Furthermore, the rapid expansion of edge computing & continuous rise in the prevalence of energy-efficient, & green data centers among numerous industries across the world along with the rising corporate awareness regarding the benefits and advantages & establishment of data centers mainly in developing nations like India, China, & Indonesia are further expected to bode well for the global market growth.

The market research report offers an in-depth analysis of the industry to support informed decision-making. It offers a meticulous breakdown of various market niches and keeps readers updated on the latest industry developments. Along with tracking modular data center market on the basis of SWOT and Porter’s Five Forces models, the research report includes graphs, tables, charts, and other pictorial representations to help readers understand the key insights and important data easily.

The outbreak of the COVID-19 pandemic has positively impacted the growth of the market. The spread of the deadly coronavirus has considerably augmented the global data traffic and has gained an upsurge in the storage volume requirements as a result of emerging technologies like artificial intelligence, big data, and the internet of things. Various large data center providers like Google and Amazon has seen a growth in the number of users in March and early April 2020 period, and have all contributed to the growth of the market.

Modular Data Center Market

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Industry Dynamics

Growth Drivers
Increasing adoption of a variety of advanced and innovated cloud-based solutions and services by small & medium enterprises and high focus on the integration of advanced cloud applications and solutions by large organizations in both developed and developing economies with the purpose to store enormous amount of information are primary factors projected to drive the growth of the global market in the coming years.

In the recent years, modular data centers are gaining high popularity and traction around the world owing to its high modularity that provides an effective way for addition and the removal of several data center components. They are also easily portable compared to the rigidly designed conventional data centers, that further boost its popularity and adoption among SMEs are some of the prominent factors propelling the demand and growth.

For instance, in June 2022, Ethio Telecom, announced the launch of its new modern modular data center, which will be utilized for variety of purposes and leasing for businesses. The modular data center is a type of high-capacity standard data center mainly managed through skilled manpower and comes with five direction fiber connectivity to ensure better service reliability.

Report Segmentation

The market is primarily segmented based on components. organization size, and industry vertical, and region.

By Component

By Organization Size

By Industry Vertical

By Region

  • Solutions
  • Services
  • Large Enterprises
  • Small & Medium Enterprises
  • BFSI
  • IT & Telecom
  • Government & Defense
  • Media & Entertainment
  • Healthcare
  • Retail
  • Others
  • North America (U.S., Canada)
  • Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
  • Asia Pacific (Japan, China, India, Malaysia, Indonesia, South Korea)
  • Latin America (Brazil, Mexico, Argentina)
  • Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)

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Solutions segment accounted for the largest market share in 2022

The solutions segment accounted largest share and is likely to retain its position throughout the anticipated period owing to its wide range of beneficial features including in-house fabrication, all-in-one format, and high-density power. Moreover, increasing focus by various solution providers worldwide on the development of robust solutions to cater the growing need for users and fulfill their requirements effectively is likely to impact significantly to the segment growth.

However, the services segment is anticipated to register highest rate of growth over the anticipated period on account of the factors like short deployment and integration period, short commissioning time, easy maintenance, and widespread use of infrastructure management software. Support & maintenance services are known for providing preventive maintenance to reduce the risk of interrupting and also help businesses to understand the changes in their business condition, client insights, and market trends that are likely to provide significant growth opportunities over the coming years.

Large enterprises segment held the largest market revenue share

The large enterprises segment held the maximum market share in 2022, which can be mainly attributed to growing need for big data centers and growth in the integration of scalable data centers alternatives for better market responsiveness. Compared to typical data centers, modular data centers are much efficient in terms of cooling and electricity because of the variety of components like storage devices, UPS, servers, and cooling systems, that results in higher adoption among large organizations to meet their ever-rising data storage needs.

SMEs segment is expected to register highest growth during the anticipated period, as these enterprises are significantly adopting low-cost and easily scalable modular solutions, which can be maintained and operated efficiently. In addition, modular data centers are being used to reduce the effort on site and speed up the deployment times, even number of modules are flexible and can be adjusted as well according to customer requirements, which is likely to have positive impact on the segment market growth in the near future.

IT & telecom segment dominated the market in 2022

Numerous telecom service providers around the world, to optimize their networks and digital services running on their platforms, that are going to need more storage capacity and compute to be deployed across variety of carrier networks, are major factors influencing the segment growth. The telecom providers are continuously deploying micro modular data centers along with the 5G cell towers to provider improved network connectivity across several industries are also likely to fuel demand of the segment.

Moreover, the healthcare segment is also projected to grow at substantial market share during the forecast period owing to the increasing need for the better patient care capability, & better connectivity. Pre-fabricated data centers, that are the self-contained enclosures holding IT capabilities along with the essential power & cooling infrastructure is also likely to have positive impact on the demand and growth.

The demand in Asia Pacific is expected to witness significant growth

Asia Pacific region is projected to expand at fastest CAGR over the coming years, which is mainly driven by large number of suitable government policies and need for the upgradation of existing data centers especially in emerging economies like China, South Korea, Indonesia, and India. In addition, rapid growth in the number of SMEs and startups across various APAC countries and increased awareness towards the adoption of data centers.

Furthermore, North America region dominated the global market and accounted for healthy market revenue share on account of robust presence of developed technology and innovated data center infrastructure in countries like US and Canada. Additionally, an extensive rise in the mobile broadband, increase in the big data analytics, and cloud computing coupled with the shift in enterprises preferences towards software-based services form hardware-based, are likely to be key factors accounting for considerable market growth in the near future.

Competitive Insight

Some of the major players operating in the global modular data center market include Dell Inc., Hewlett Packard Enterprise Development, Huawei Technologies, Vertiv Group Corporation, Schneider Electric, Baselayer Technology, Cannon Technologies, PCX Holding, Eaton, Shenzhen KSTAR Science and Technology, CONSNANT Technology, ICTroom Company, and Box Modul.

Recent Developments

  • In September 2022, Vertiv Group, announced the launch of Vertiv data centers offering in India. The newly integrated solutions will be flexible platforms, highly optimized for the deployment of the IT assets that also offers a quick & the simple way to install the capacity in less time. The data centers leverage thermal management capabilities and monitoring & control technologies.
  • Furthermore, in September 2022, Schneider Electric unveiled its latest comprehensive solution called “all-in-one” data centers. This data centers are standardized and pre-tasted mobile container data center solution, that comes in four different designs and numerous configurations and offer excellent value for various businesses and IT organizations.

Modular Data Center Market Report Scope

Report Attributes

Details

Market size value in 2024

USD 29.46 billion

Revenue forecast in 2032

USD 106.34 billion

CAGR

17.4% from 2024 – 2032

Base year

2023

Historical data

2019 – 2022

Forecast period

2024 – 2032

Quantitative units

Revenue in USD billion and CAGR from 2024 to 2032

Segments covered

By Component, By Organization Size, By Industry Vertical, By Region

Regional scope

North America, Europe, Asia Pacific, Latin America; Middle East & Africa

Key companies

Dell Inc., Hewlett Packard Enterprise Development LP, Huawei Technologies Co. Ltd., Vertiv Group Corporation, Schneider Electric, Baselayer Technology LLC, Cannon Technologies Inc., PCX Holding LLC, Eaton, Shenzhen KSTAR Science and Technology, CONSNANT Technology Co., ICTroom Company BV, and Box Modul AB.

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FAQ's

Key companies in the modular data center market are Dell Inc., Hewlett Packard Enterprise Development, Huawei Technologies, Vertiv Group Corporation, Schneider Electric, Baselayer Technology, Cannon Technologies, PCX Holding.

The global modular data center market expected to grow at a CAGR of 17.4% during the forecast period.

The modular data center market report covering key segments are organization size, and industry vertical, and region.

Key driving factor in modular data center market are rise in demand for energy-efficient, low-carbon, and green data centers

The global modular data center market size is expected to reach USD 106.34 billion by 2032.