by Modular data centers offer scalable and flexible IT infrastructure solutions that can be rapidly deployed on-site to meet the growing demand for data storage and processing. Modular data centers consist of discrete pre-fabricated modules and standardized components that enable fast deployment of IT capacity. They are equipped with server racks, cooling, power, and security inside an enclosure or modular structure that acts as a data center. Modular data centers provide organizations the agility to deploy additional IT capacity in a short period as their computing needs increase. They also offer benefits such as lower upfront capital costs, reduced footprint, tight physical security, and energy efficiency. The global modular data center market offers ample opportunities for various industries to host their applications within a fully functioning accessible data center rather than building expensive on-premises infrastructure.
The global Modular Data Center Market was valued at US$ 18.49 Bn in 2023 and is expected to exhibit a CAGR of 24.9% over the forecast period 2023-2030, as highlighted in a new report published by CoherentMI.
Market Key Trends:
One of the major trends in the modular data center market is the increasing deployment of all-in-one modular data centers. All-in-one modular data centers integrate all the necessary components such as prefabricated modules, cooling, racks, power distribution, fire protection, and security within a single enclosure or portable modular cluster. They provide fully functional data center capacity within a compact footprint. This eliminates the complexities of designing, installing and integrating multiple components during on-site data center deployment. Their all-in-one design significantly reduces deployment time from months to only few weeks, offering organizations rapid scalable infrastructure. With organizations across industries demanding agile and scalable IT solutions, the all-in-one modular data centers market is expected to garner significant demand during the forecast period.
Porter’s Analysis:
Threat of new entrants: The threat of new entrants is moderate as setting up a modular data center requires high initial investment. However, existing players have an economies of scale advantage.
Bargaining power of buyers: The bargaining power of buyers is high as there are many existing as well as emerging players offering modular data center solutions. Buyers can negotiate on price and customization.
Bargaining power of suppliers: The bargaining power of suppliers is moderate as vendors rely on a limited number of component manufacturers for critical parts. Suppliers also have the threat of forward integration.
Threat of new substitutes: The threat of new substitutes is low as modular data centers provide scalability, efficiency, and speed of deployment which are not substitutable.
Competitive rivalry: The competitive rivalry is high among key players like Huawei, IBM, Dell, Hewlett Packard Enterprise, and Schneider Electric due to their strong global presence and continuous development of innovative products.
Global Modular Data Center Market Segmentation:
By Disease Type
- Classical MWS
- MWS with amyloidosis
- MWS without amyloidosis
- Overlap MWS
- Others
By Treatment Type
- Anti-inflammatory drugs
- Immunosuppressants
- Biologics
- JAK inhibitors
- Corticosteroids
- Analgesics
- Others
By Route of Administration
- Oral
- Injectable
- Topical
- Others
By Distribution Channel
- Hospital Pharmacies
- Retail Pharmacies
- Online Pharmacies
Key Takeaways:
The global Modular Data Center Market Size is expected to witness high growth. The global Modular Data Center Market is estimated to be valued at US$ 18.49 Bn in 2023 and is expected to exhibit a CAGR of 24.9% over the forecast period 2023-2030.
North America is expected to dominate the modular data center market during the forecast period due to rapid development of 5G infrastructure and increased investments in cloud services by major tech companies in the US and Canada. The Asia Pacific region is anticipated to grow at the fastest pace due to rising demand for modular data centers from growing industries like IT, telecom, and retail in China and India.
Key players operating in the modular data center market are Huawei, IBM, Eaton, Dell, Vertiv, Schneider Electric, Hewlett Packard Enterprise, Cisco, and Rittal. Huawei and IBM have a significant market share due to their expertise and innovation in rack design and deployment of advanced cooling solutions. Dell, Hewlett Packard Enterprise, and Cisco are also emerging as strong contenders by providing end-to-end modular solutions.
*Note:
1. Source: CoherentMI, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
