What is the global market size of Modular Data Center Market?

Modular Data Center Market size was valued at USD 18,187.2 million in 2021 and is poised to grow from USD 21,242.7 Million in 2022 to USD 75877.73 Million by 2030, by rising at a CAGR of 17.2% during the forecast period (2023-2030).

Who are the key vendors in the Global Modular Data Center Market?

The modular data center industry is highly competitive, with multiple global and regional companies. Market participants are spending in R&D to develop advanced solutions and get a competitive advantage in the market. Furthermore, they are increasing production capacity to satisfy rising client demand. 'IBM Corporation', 'Dell Technologies Inc.', 'Schneider Electric SE', 'Huawei Technologies Co. Ltd.', 'Hewlett Packard Enterprise Development LP', 'Cisco Systems Inc.', 'Rittal GmbH & Co. KG', 'Cannon Technologies Ltd.', 'Flexenclosure AB', 'BladeRoom Group Ltd.', 'Eaton Corporation plc', 'CommScope Holding Company, Inc.', 'Vertiv Group Corporation', 'Aceco TI', 'Airedale International Air Conditioning Ltd.', 'Cannon Technologies Ltd.', 'Cirrascale Corporation', 'Colt Technology Services Group Limited', 'Delta Power Solutions (India) Pvt. Ltd.', 'Dell EMC.'

Modular Data Center Market Size, Share, Growth Analysis, By Component(Solutions [All-in-One Modules, Individual Modules {IT Modules (Server Modules, Network Modules, Storage Modules), By Organization Size(Small and Medium-sized Enterprises (SMEs), and Large Enterprises), By Vertical(BFSI, IT & Telecom, Government & Defense, Manufacturing), By Region - Industry Forecast 2024-2031

Report ID: SQMIG45J2103 | Region: Global | Published Date: August, 2024
Pages: 197 | Tables: 91 | Figures: 76

Modular Data Center Market News

In March 2024, Vertiv, a global provider of critical digital infrastructure and continuity solutions, unveiled a new tool designed to transform and simplify the configuration of prefabricated modular (PFM) data centres. Available now in Europe, Middle East and Africa (EMEA), the Vertiv Modular Designer Lite is a user-friendly, web-based application aimed at streamlining the process of designing Vertiv SmartMod and Vertiv SmartMod Max solutions to meet specific user needs.
In March 2024, the Bethesda-based company, Flexnode raised $8.85m for modular Edge data centers. The company told that San Francisco's Zacua Ventures led the investment.
In November 2023, Philippine telco Globe Telecom unveiled a new 5G-ready data center located in Tiaong, Quezon Province. Globe partnered with digital infrastructure and continuity solutions provider Vertiv to design and construct the modular data center, which Globe will use to widen availability and strengthen reliability of its mobile and fixed network services.

Modular Data Center Market Report Snapshots

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Global Modular Data Center Market size was valued at USD 21.24 Billion in 2022 and is poised to grow from USD 24.9 Billion in 2023 to USD 88.64 Billion by 2031, by rising at a CAGR of 17.2% during the forecast period (2024-2031).

The modular data center industry is highly competitive, with multiple global and regional companies. Market participants are spending in R&D to develop advanced solutions and get a competitive advantage in the market. Furthermore, they are increasing production capacity to satisfy rising client demand. 'IBM Corporation (US) ', 'Dell Technologies Inc. (US) ', 'Schneider Electric SE (France) ', 'Huawei Technologies Co. Ltd. (China) ', 'Hewlett Packard Enterprise Development LP (US) ', 'Cisco Systems Inc. (US) ', 'Rittal GmbH & Co. KG (Germany) ', 'Cannon Technologies Ltd. (UK) ', 'BladeRoom Group Ltd. (UK) ', 'Eaton Corporation plc (Ireland) ', 'CommScope Holding Company, Inc. (US) ', 'Vertiv Group Corporation (US) ', 'Cannon Technologies Ltd. (UK) ', 'Colt Technology Services Group Limited (UK) ', 'Delta Power Solutions (India) Pvt. Ltd. (India) ', 'Dell EMC (US) ', 'Vertiv Holdings Co. (US) ', 'ZTE Corporation (China) ', 'ALTRON (South Africa) ', 'STULZ GmbH (Germany)'

Modular data centers offer cost savings in terms of capital expenditure (CAPEX) and operational expenditure (OPEX) compared to traditional data centers. The modular design allows organizations to pay only for the infrastructure they need and to reduce energy consumption.

Increasing Adoption of Edge Computing: With the rise of the Internet of Things (IoT) and the need for real-time processing, organizations are adopting edge computing solutions. Modular data centers can be deployed at the edge to support edge computing applications, making them an ideal solution for organizations that require data processing and storage at the edge.

North America dominated the market, accounting for 40.6% of the total revenue, and is expected to rise at a compound annual growth rate (CAGR) of over 16.6% during the forecast period. Factors such as the existence of major market participants such as Dell Inc., Hewlett Packard Enterprise Research LP, Vertiv Technology Corp., and Baselayer Technology, LLC in the United States. and the presence of established technology and data center infrastructure all contribute to the region's largest market share.

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