The Latest Modular Data Center Industry Statistics Explained
The Global Modular Data Center Market is expected to reach a value of $59.3 billion by 2025, according to a report from Allied Market Research.
The statistic provided indicates that the Global Modular Data Center Market is anticipated to grow significantly, with a projected value of $59.3 billion by the year 2025 as reported by Allied Market Research. This forecast suggests a substantial increase in the market size and demand for modular data center solutions over the coming years. Factors driving this growth could include the rising need for scalable and efficient data storage solutions, increasing data generation from various sources, and the ongoing digital transformation across industries. This statistic highlights the potential opportunities for businesses operating in the modular data center industry and underscores the importance of staying competitive and innovative to capitalize on the projected market expansion.
The Modular Data Center market is growing at a CAGR of 14.4% between 2020 to 2027.
This statistic indicates that the Modular Data Center market is experiencing a sustained annual growth rate of 14.4% between the years 2020 and 2027. A compound annual growth rate (CAGR) of 14.4% implies that the market size is projected to increase significantly over the forecast period. This growth rate suggests that there is a rising demand for Modular Data Centers due to factors such as increasing data storage needs, technological advancements, and the trend towards scalable and efficient data center solutions. Companies operating in this market are likely to benefit from this steady growth trajectory by capitalizing on the increasing opportunities in the Modular Data Center sector.
The IT & Telecom segment accounted for the largest market share of approximately 34% in 2020.
The statistic, “The IT & Telecom segment accounted for the largest market share of approximately 34% in 2020,” indicates that out of all the industry segments considered, the IT & Telecom sector had the highest share of the market in 2020, amounting to approximately 34% of the total market. This suggests that the IT & Telecom industry was the most dominant and influential sector within the market during that time period. Such a large market share indicates that the IT & Telecom segment likely had a significant impact on the overall market dynamics, competition, and economic activity in 2020. This statistic provides insights into the relative importance and prominence of the IT & Telecom sector in the market landscape for that year.
North America dominated the global modular data center industry with 47% share in 2020.
The statistic indicates that North America held a significant market share of 47% in the global modular data center industry in 2020, making it the dominant region in this sector. This suggests that a large portion of modular data center installations, developments, or revenues originated from North America in the specified year. The high market share implies that North America likely had a strong presence of modular data center providers, high adoption rates of modular data center technology, or significant investment and growth opportunities in this industry compared to other regions globally. This domination by North America highlights the region’s importance and leadership in the modular data center market landscape.
China is projected to grow at the highest CAGR of about 18% from 2021 to 2028 in the modular data center market.
The statistic indicates that China is expected to experience the highest Compound Annual Growth Rate (CAGR) among all countries in the modular data center market from 2021 to 2028, with a projected growth rate of about 18%. This suggests that the modular data center market in China is anticipated to expand rapidly over the specified time period. Various factors such as increasing demand for data storage and processing capabilities, technological advancements, and government initiatives supporting the development of data infrastructure are likely driving this growth trend. The high CAGR for China highlights its growing importance in the global data center industry and presents opportunities for businesses operating in this market to benefit from the country’s strong growth potential.
The all-in-one modules segment is projected to grow at the highest CAGR of 20% from 2021 to 2026.
This statistic indicates that the all-in-one modules segment within a certain market is expected to experience the highest Compound Annual Growth Rate (CAGR) of 20% from the year 2021 to 2026. This implies that this specific type of product or service, which likely combines multiple functionalities into a single solution or module, is anticipated to exhibit significant growth over the next five years. This growth rate suggests increasing demand, adoption, and market share for all-in-one modules compared to other segments within the industry, making it a potentially lucrative and competitive space for businesses operating in this market.
The power module segment is expected to exhibit the highest CAGR of 29% during the forecasted period 2021-2030.
The statement indicates that within the power module segment of the market, it is projected to experience the highest Compound Annual Growth Rate (CAGR) of 29% from 2021 to 2030. This suggests that this particular sector is anticipated to grow at a faster pace compared to other segments within the industry during the specified timeframe. The high CAGR implies a strong growth potential for the power module segment, indicating a promising investment opportunity or significant market demand for products or services within this category. Overall, this statistic highlights the sector’s anticipated expansion and emphasizes the potential importance and profitability of focusing on the power module segment in the coming years.
Among the different industry verticals, the BFSI sector held the largest share in the modular data center market in 2019.
In 2019, the BFSI sector, which stands for Banking, Financial Services, and Insurance, held the largest share in the modular data center market compared to other industry verticals. This statistic implies that within the modular data center market, the BFSI sector made up the biggest portion of demand or investment. This could be due to several factors, such as the increasing reliance of banking and financial institutions on data processing and storage for their operations, stringent data security and compliance requirements in the industry, or the need for scalable and flexible data center solutions to support the digitization of financial services. Ultimately, this suggests that the BFSI sector was a significant player in driving growth and innovation in the modular data center market during that period.
Portable functionality segment is anticipated to register the highest CAGR over the forecast period.
This statistic indicates that the portable functionality segment is expected to experience the highest Compound Annual Growth Rate (CAGR) among all segments over a specified forecast period. This suggests that the demand for portable products or services within this segment is projected to grow at a faster rate compared to other segments. Factors such as changing consumer preferences towards portable and on-the-go solutions, technological advancements making portability more accessible, or increased convenience associated with portable devices could contribute to this anticipated growth. Companies operating within this segment may benefit from focusing on innovative portable solutions to capitalize on this projected growth opportunity.
India is projected to register the highest growth rate in Asia-Pacific modular data center market during 2020-2027.
The statistic indicates that India is expected to experience the most significant increase in the adoption and implementation of modular data centers compared to other countries in the Asia-Pacific region from 2020 to 2027. This growth could be driven by several factors, such as increasing demand for scalable and cost-effective data storage solutions, rapid digital transformation efforts by businesses, and government investments in digital infrastructure. The projected high growth rate suggests that India’s modular data center market is set to expand at a faster pace than its regional counterparts, presenting opportunities for both domestic and international data center providers to tap into this growing market.
Self-contained, standard modules held the largest market share of 64% in 2020.
The statistic “Self-contained, standard modules held the largest market share of 64% in 2020” indicates that among all types of modules available in the market in 2020, self-contained, standard modules were the most prevalent, accounting for 64% of the total market share. This suggests that these types of modules were favored by consumers or had higher demand compared to other types of modules during that period. The high market share also implies a level of dominance or competitiveness in the industry for self-contained, standard modules, potentially due to their versatility, ease of use, or cost-effectiveness.
30% of data centers will be modular by 2025.
The statistic ‘30% of data centers will be modular by 2025’ indicates that by the year 2025, it is projected that 30% of data centers will adopt a modular design approach. This suggests that a significant portion of data centers will move towards a more flexible and scalable infrastructure, where components can be easily added or removed based on the organization’s needs. Modularity in data centers offers advantages such as increased efficiency, faster deployment times, and better resource utilization. This statistic reflects a trend in the industry towards more agile and adaptable data center solutions to meet the evolving demands of technology and business operations.
The liquid cooling solutions segment is expected to grow at a CAGR of 25% from 2021 to 2027.
This statistic indicates that the market for liquid cooling solutions is projected to experience significant growth over the period from 2021 to 2027, with a Compound Annual Growth Rate (CAGR) of 25%. This forecast suggests a sustained and rapid expansion in the demand for liquid cooling solutions within this timeframe. The high growth rate indicates that there is likely increasing adoption of liquid cooling solutions across various industries or sectors, potentially driven by factors such as technological advancements, increasing demand for high-performance computing, and the need for more efficient cooling solutions. Companies operating in this market may need to adapt to capitalize on this growth opportunity and meet the evolving needs of their customers.
Global spending on modular data centers is projected to reach $40.41 billion in 2021.
The statistic indicates that worldwide expenditure on modular data centers is estimated to hit $40.41 billion in the year 2021. This suggests a growing trend towards the adoption of modular data centers, which offer a scalable and flexible solution for organizations looking to expand or optimize their data storage and processing capabilities. The increasing demand for data storage, driven by factors such as cloud computing, big data, and the Internet of Things, is likely contributing to the significant investment in modular data centers. The projected spending highlights the importance of efficient and adaptable data center infrastructure in meeting the evolving needs of businesses in the digital age.
By 2025, the demand for modular data center solutions is expected to grow by 17% in the Middle East and Africa.
The statistic indicates that by the year 2025, there is a projected 17% growth in the demand for modular data center solutions in the Middle East and Africa region. This suggests a significant increase in the adoption of modular data centers, which are pre-engineered facilities designed to house data storage and processing equipment. The rising demand could be attributed to factors such as the increasing need for scalable and cost-effective data management solutions, the growth of cloud computing services, and the expansion of digital infrastructure in the region. This trend highlights the region’s recognition of the importance of efficient and flexible data storage solutions to support the evolving demands of businesses and organizations in today’s digital economy.
The ‘Power’ segment dominated the Modular Data Center Market by Component in 2020 and is anticipated to maintain its dominance by 2027.
The statement suggests that in 2020, the ‘Power’ segment held a significant market share in the Modular Data Center Market among all the components considered. This segment is expected to continue leading the market until 2027. This indicates that ‘Power’ components, such as power distribution units, uninterrupted power supply systems, and generators, play a crucial role in the modular data center industry. The dominance of the ‘Power’ segment could be attributed to the growing demand for reliable and consistent power supply in data centers to ensure uninterrupted operations and prevent data loss. Additionally, advancements in power technologies and the increasing number of data center deployments are likely driving the continued dominance of the ‘Power’ segment in the modular data center market.
The modular data center cooling systems are projected to reach $6 billion in 2023, growing at a 14.5% CAGR from 2018 to 2023.
The statistic indicates that the market size for modular data center cooling systems is expected to reach $6 billion by 2023. This projection is based on a compound annual growth rate (CAGR) of 14.5% from 2018 to 2023. This suggests a substantial and consistent increase in demand for efficient cooling solutions for data centers, likely driven by the increasing adoption of cloud computing, data analytics, and other data-intensive technologies that require advanced cooling systems to maintain optimal performance and energy efficiency. The rapid growth in this market indicates a significant opportunity for companies operating in the data center cooling sector to capitalize on the growing demand for modular and scalable cooling solutions.
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