Modular Data Center Market Is Estimated to Grow at A CAGR of 18.55% During 2024-2032

MRFR Press Release/- Market Research Future published a cooked research report on the global modular data center market.

Overview

The modular data center market is anticipated to witness healthy growth from 2024 to 2032, a research report suggests. Growing at a CAGR of 18.55%, the market is projected to reach USD 50.62 billion by 2032. The trend for green data centres is expected to support the market growth along with the growing demand for advanced prefabricated data center infrastructure. As predicted by analysts, vendor lock-in issues will negatively affect the market’s performance from 2024 to 2032. During the forecast period, the market will be supported by the growing awareness and information about the unique advantages and benefits.

High implementation cost on the other hand will challenge IT operations sector based organizations functioning in the global modular data center market. Analysts have split the market into component, data center size, end-user, and tier type segments based on products and services. IT operations based companies have been profiled. The high cost of implementation of modular data centers is set to affect the global market during the forecast period 2018 to 2025. The report also provides the market’s performance forecasts till 2032. Strategies of IT operations based companies are studied. The IT operations sector itself is supported by increased investments by key players as well as the growing demand for services and solutions. During the forecast period 2024 to 2032, the modular data center market is set to witness a health growth across component, data center size, end-user, and tier type segments as well as regional markets.

Market Segmentation

The IT operations sector has seen growth across component, data center size, end-user, and tier type segments owing to technological developments and favorable government policies. To study the market, analysts have further segmented component, data center size, end-user, and tier type into services and functional modules on the basis of component. The market is further segmented into data center size sub segment which is split into mid-sized data centers, enterprise data centers, and large data centers. Additionally, the modular data center market on the basis of tier type is segmented into tier 4, tier 1, tier 2, and tier 3. The end-user segment is further split into BFSI, education, energy, government and defense, healthcare, IT and Telecom, manufacturing, retail, and others.

The segmental analysis presented in the report provides IT operations field based organizations insights into key growth factors such as the presence of untapped market opportunities as well as challenges such as the lack of awareness the market will face from 2024 to 2032. The changing social behaviour and favorable policies across regional markets are some of the key factors having an influence on IT operations industry based companies, suggest analysts as per the modular data center market report. But the report also identifies the lack of investments in R&D and the shifting preference for cheaper alternatives as major threats companies in IT operations will face till 2032. 

Regional Overview

IT operations market based companies in the modular data center market are functioning across North America, Europe, Asia Pacific, the Middle East, and Africa including the rest of the world. The availability of many untapped opportunities will be a key growth driver for regional markets. However, the lack of effective communication will turn out to be a threat. For the forecast period 2024 to 2032. Each of these regional markets are studied in the report. Starting from North America, the regional market and IT operations vertical based companies are spread across the United States, Mexico, and Canada.

The lack of demand from developing countries will turn out to be a major challenge from 2024 to 2032. Parts of the European market covered in the report are regional markets spread across the United Kingdom, France, Italy, and Germany. The market in the region will be benefitted by the surging usage across different industries as well as the growth of communication channels, suggests the report. Similarly, the IT operations sector’s segmental analysis for the Asia Pacific region covers India, Japan, China, and others. For the rest of the world, the research report for the modular data center market covers the Middle East and Africa. Modular data center market forecasts based on the findings are presented for the forecast period till 2032.

Competitive Landscape

The global modular data center market research report brings a comprehensive study of component, data center size, end-user, and tier type market segments, regional analysis, and IT operations vertical based company details of key players. As the forecast period 2024 to 2032 will bring new opportunities for the market owing to advancements in technology and a rise in disposable income, the market is set to grow at a compound annual growth rate of 18.55% and is predicted to reach a value of USD 50.62 billion by 2032. With SWOT analysis of IT operations sector based companies and Porter’s Five Force model analysis based findings, and understanding challenges such as the lack of effective communication and the lack of demand from developing countries, companies in the IT operations sector can change the way business is done.

Industry News

Baselayer Technologies, a modular data centre specialist, has been acquired by the IE Group, a provider of enclosures and skid-mounted control solutions. The contract, which was revealed last week, would help IE expand its presence in the edge computing technology sector. Baselayer has equipped data centre clients with around 200 megawatts of capacity, including more than 400 data centre modules across North America, Europe, and Asia. Early successes came from the company's partnership with parent company IO Data Centers, as well as later deployments with energy and edge computing companies. Since Iron Mountain purchased IO, the firm has been looking for a strategic partner.