Micro data centers are self-contained modular data centers comprising all the components of a conventional data center. Micro data center solutions are cost-effective, easy to handle, and can be added to a data center capacity whenever needed, both in IT rooms and non-climatic controlled environments. Increasing adoption of wireless technologies coupled with rapid growth in cloud-based services is the key factor driving the global micro data center market across multiple industry verticals. Benefits offered in terms of energy efficiency, portability, plug and play feature, and scalability is encouraging various enterprises to adopt micro data centers. In addition to superior benefits offered, changing needs for storage capacity and design specifications are other factors spurring the global micro data center market worldwide. Increasing demand for standardized infrastructure is also anticipated to drive the micro data center market during the forecast period.
Microdata centers form a critical part of the IT strategies adopted by business enterprises across the globe. Micro data centers are more efficient and reliable as compared to traditional data centers since they exhibit a simplified workload that traditional data centers lack. Although micro data centers operate similarly to conventional data centers, they have proven to be more effective on account of functionalities such as safe wiring, desired cooling, etc. Micro data centers are often used to bring computing resources closer to end users. These data centers are generally established by business organizations that have geographically dispersed operations. In such cases, micro data centers installed remotely can be used to replicate cloud services locally, thereby improving performance and the ability of enterprises to access remote data.
Furthermore, micro data centers provide business continuity, performance continuity, and site continuity as they allow service providers to enter or expand into new geographies and markets without any construction delays. Inferring from the aforementioned factors, demand for micro data centers is presumed to grow significantly, offering potential opportunities for ecosystem participants including micro data center manufacturers, data center hardware vendors, and other operators in the data center industry.
Key Players Identified for Micro Data Centers Market Include but are Not Limited to:
Altron AS, Cannon Technologies Ltd., Canovate Group, Dataracks, Dell Technologies, Delta Power Solutions, Eaton, Hewlett Packard Enterprise Development LP, Hitachi, Ltd., Huawei Technologies Co., Ltd., IBM Corporation, Panduit, Schneider Electric, Vertiv Co., Zellabox, Stulz GmbH, ScaleMatrix Holdings, Inc., Rittal GmbH & Co. KG and Others notable players.
Historical & Forecast Period
This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Micro Data Centers market are as follows:
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
ATTRIBUTE | DETAILS |
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Research Period | 2022-2032 |
Base Year | 2023 |
Forecast Period | 2024-2032 |
Historical Year | 2022 |
Unit | USD Million |
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Region Segment (2022-2032; US$ Million)
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Key questions answered in this report