MarketsandMarkets forecasts the global modular data center market to grow from $6.52 billion in 2014 to $26.02 billion by 2019, at a Compound Annual Growth Rate (CAGR) of 31.9%. In terms of geographies, North America (NA) and Europe is expected to be the biggest market in terms of revenue contribution, while Asia Pacific (APAC) , Middle East & Africa (MEA) and Latin America (LA) is expected to experience increased market traction, during the forecasted period.
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Browse 77 market tables and 32 figures spread through 181 page sand in-depth TOC on"Modular Data Center Market by Types (Containerized, Individual Module (IT, Power, Cooling, Generator)), Deployment Size (Mid-Size, Enterprise, Large) & Industry Verticals - Global Advancements, Worldwide Forecast & Analysis (2014 - 2019)"
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MarketsandMarkets broadly segments the Modular Data Center market by types: containerized and individual module: IT, power, cooling and generator; by deployment size: midsize, enterprise and large data center; by regions including North America (NA), Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and Latin America (LA).
The major driving factors for Modular data center market are speed of deployment of modular data center, power savings, cooling efficiencies and optimizing IT equipment density. Major challenge faced in Modular data center market is the additional space requirement for equipment in the existing brick-and-mortar facility and effective data center planning and space management at the brick-and-mortar level. Modular Data Centers address the challenges such as bringing a data center from scratch to online within weeks, optimizing power usage effectiveness, ability to add new capacity as and when needed and reduction in organization’s capital and operational expenditure on setting up and running data center.
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