Modular Data Center Market Revenue Size Share

Vijay Ovhal
Vijay Ovhal 5/18/2023 9:09:49 AM

Modular Data Center Market Revenue, Size, Share, Growth
& Forecast 2032

Modular Data Center Market is set to chart out positive
trajectory over 2023 to 2032. The escalation could be credited to the growing
digitization and rising internet penetration. According to the data released by
World Population Review, 69% of the global population announced using internet
as of 2022.

Moreover, demand for scalable and cost-effective data center
facilities that enable mobile network providers to use distributed data centers
as a platform to deploy network function virtualization would support the
industry expansion. Besides, features such as ease of deployment, lower
installation time, integration of IT space and power capabilities, and improved
scalability, would allow modular data center facilities to come in handy across
a plethora of application sectors.

Get sample copy of this research report @ https://www.gminsights.com/request-sample/detail/1730

Ongoing innovations and new service launch by data center
business players would further bolster the market dynamics over the forthcoming
years. Say for instance, Amazon Web Services recently introduced a modular data
center for the United States Department of Defense customers. As per reports,
the AWS MDC is available to government customers qualified for the Joint
Warfighting Cloud Capability agreement, which is the military's USD 9 billion
cloud deal.

The modular data center industry is fragmented into
components, application, and region.

Based on component, the solution segment would expand
considerably over the next ten years ascribed to the diverse features offered
by solution providers, including an all-in-one format, in-house fabrication,
and high-power density. These merits are fueling the demand for modular data
center solutions as enterprises seek for scalable and flexible options that can
accommodate the transforming data center requirements.

Browse complete summary of this research report @ https://www.gminsights.com/industry-analysis/modular-data-center-market

Considering the application, modular data center solutions
and services are likely to see increased demand across the IT and telecom
sector. Modular data centers provide ample benefits to the sector such as
disruption to business operations and reduced downtime. Telecom operators are
actively looking for optimizing their digital services and networks that
require additional storage capacity and computing to be deployed across carrier
networks. Furthermore, rising penetration of 5G has prompted telecom vendors to
invest in the modular data center market.

Geographically, the Europe modular data center market is
predicted to experience stellar growth in the ensuing years, driven by the
expanding partnerships between private and government organizations to
alleviate the businesses' carbon footprint. Other fundamental factor bolstering
the regional business space is the surging demand for data centers that can
store personnel management data, customer information, and electronic financial
services.

About Global Market Insights





















Global Market Insights Inc., headquartered in Delaware,
U.S., is a global market research and consulting service provider, offering
syndicated and custom research reports along with growth consulting services.
Our business intelligence and industry research reports offer clients with
penetrative insights and actionable market data specially designed and
presented to aid strategic decision making. These exhaustive reports are
designed via a proprietary research methodology and are available for key
industries such as chemicals, advanced materials, technology, renewable energy,
and biotechnology.

Vijay Ovhal
Written by

Vijay Ovhal

Post a comment