Modular Data Center Market Size Worth USD 106.34 Billion By 2032 | CAGR: 17.4%

Modular Data Center Market Size Worth $106.34 Billion By 2032 | CAGR: 17.4%

The global modular data center market size is expected to reach USD 106.34 billion by 2032, according to a new study by Polaris Market Research. The report “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” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Scalability of modular data centers that enables clients to easily relocate their data centers, rather than constructing new one and demolishing them is major factor expected to boost the growth of the global market over the anticipated period. Moreover, with the advent of fast internet facilities, telecommunication has become one of the key driving forces behind the global development and value creation. In countries like India, data consumption has increased significantly in the recent past, along with the emergence of 5G technology globally, the need for effective modular data centers has also grown rapidly and positively contributing to the market growth.

According to Economic Survey 2022, the number of internet users in India reached the value of 830 million in 2021, with a significant rise form 530 million in 2015. The average internet data usage has increased drastically from 1.24 GB per month in the year 2018 to 14.1 GB in June 2021.

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There is a significant increase in the demand for advanced & innovated data centers owing to the stringent regulations in several countries coupled with the high implementation of market players on designing energy efficient modular data centers technology & to further providing to companies with very less or no environmental impact and optimum efficiency. The introduction to numerous environment protection laws by government authorities is significantly stimulating the demand for less power consuming systems and catering the global market growth.

Modular Data Center Market Report Highlights

  • Solutions segment accounted for the highest market share in 2022, which is mainly accelerated by growing popularity of all-in-one format and in-house fabrication around the world
  • Large enterprises segment held the highest market revenue share owing to the high spending capacity and higher investments on innovative solutions introduced by service providers
  • IT & telecom segment dominated the global market in 2022 on account of increasing proliferation of 5G cell towers and high deployment of micro modular data centers for offering enhanced network connectivity
  • Asia Pacific region is projected to grow at fastest CAGR during the anticipated period due to the rising number of favorable government initiatives and support for the development of advanced data centers in the APAC countries
  • The global key market players include Hewlett Packard Enterprise Development, Huawei Technologies, Cannon Technologies, Vertiv Group Corporation, and PCX Holding LLC

Polaris Market Research has segmented the modular data center market report based on component, organization size, industry vertical, and region:

Modular Data Center, Component Outlook (Revenue - USD Billion, 2019 - 2032)

  • Solutions
  • Services

Modular Data Center, Organization Size Outlook (Revenue - USD Billion, 2019 - 2032)

  • Large Enterprises
  • Small & Medium Enterprises

Modular Data Center, Industry Vertical Outlook (Revenue - USD Billion, 2019 - 2032)

  • BFSI
  • IT & Telecom
  • Government & Defense
  • Media & Entertainment
  • Healthcare
  • Retail
  • Others

Modular Data Center, Regional Outlook (Revenue - USD Billion, 2019 - 2032)

  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
  • Latin America
  • Argentina
  • Brazil
  • Mexico
  • Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa