North America All-in-one Modular Data Center Market Prophesied to Grow at a Faster Pace by 2027
The North America all-in-one modular
data center market accounted for US$ 724.7 Mn in 2018 and is expected to grow
at a CAGR of 23.1% over the forecast period 2018-2027, to account for US$
4,634.1 Mn in 2027.
Scalability is a key strategy to conserve capital by paying what
is required and when it is required for the business. All-in-one modular data
centers can be easily ‘stepped and repeated’ to accommodate growth in IT
business as the need for more compute arises. Once the all-in-one modular data
center are fully utilized, another one can be deployed in the different or same
facility depending on the available space, and bandwidth capacity. The features
such as standardized, prefabricated nature, smaller kW increments make
all-in-one modular data centers highly scalable solution compared to
traditional purpose-built data centers. Therefore, high scalability and
reliability is one of the primary factor driving all-in-one modular data center
market
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Green all-in-one modular data centers utilize energy efficient
technologies, does not contain obsolete systems and take advantage of new and
efficient technologies. With the increasing concern for green factor, the
market is witnessing a significant demand for green data centers. The cost of
power consumption of data centers during its lifecycle comprises the largest
percentage in the total cost of ownership. Planning infrastructure based on the
current IT requirement and adding new modules as per the need of growing IT
requirement enables users to provide modules only for the required equipment
and the power cost saved during the service life of the data center is
extremely high. The all-in-one modular data center enables a good match in the
workload and capacity of power and cooling system to improve work efficiency
and reduce over-configuration. Thus, the growing popularity of green data
centers is expected to create opportunities for all-in-one modular data center
market.
The North America all-in-one modular data center market is
fragmented with the presence of several industries and the competitive dynamics
in the all-in-one modular data center market is expected to change during the
upcoming years. In addition to this, various initiatives are undertaken by the
governmental bodies to accelerate the North America all-in-one modular data
center market further. For instance, the North American government has taken
several initiatives for the development of 5G in the region. This will help
fuel investments in US infrastructure and increase business activity in other
major industries; this could, in turn, spur additional demand for services
provided by US operators. Thus, with the growth in 5G, demand for the data
center will increase during the coming years, which will drive the growth of
North America all-in-one modular data center market. The all-in-one modular data
center market is highly competitive with the presence of some of the prominent
players which hold the major share of the all-in-one modular data center
market.
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The all-in-one modular data center market deployment is segmented
into indoor and outdoor. Indoor deployment is the traditional deployment mode
of data centers. All-in-one modular data centers are mostly deployed at indoor
locations to protect from unfavorable climatic conditions. The small sized business
has huge demand for indoor deployment of data centers. Industries such as
healthcare, BFSI, educational institutes prefer indoor deployment over outdoor
deployments. The key issues with indoor deployment are a shortage of floor
area, and it requires dedicated space for installation and maintenance. The
market for indoor deployment is expected to witness significant growth during
the forecast period.
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