Modular Data Center Market worth $26.02 Billion by 2019, According to a New Study on ASDReports

Wednesday 10 September 2014, Amsterdam

The report "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)" defines and segments the modular data center market into various sub-segments with an in-depth analysis and forecasting of revenues. The report also identifies the factors driving this market, various restraints and opportunities impacting it along with the technology roadmap and adoption trends.

The new report, now available on ASDReports, 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.

The report 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.