Pune, India, Nov. 02, 2023 (GLOBE NEWSWIRE) -- The global containerized data center market size was valued at USD 9.24 billion in 2022 and is projected to reach USD 47.14 billion by 2030, exhibiting a CAGR of 22.8% during the forecast period. This information is provided by Fortune Business Insights. in its report titled, Containerized Data Center Market Forecast, 2023-2030.
The deployment of these data centers enables scalability and rapid installation. These benefits can be attributed to the integration of the infrastructure into pre-fabricated modules such as firefighting systems, power and cooling systems, and others.
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Key Industry Development:
Amazon Web Services (AWS) announced the deployment of AWS Modular Data Center for the U.S. Department of Defense under the JWCC (Joint Readiness Capability) contract. By deploying self-contained AWS data centers with embedded AWS infrastructure, the DoD was able to take advantage of limited infrastructure.
Key Takeaways
- Increasing Need for Scalable Data Center Solutions to Enhance Market Growth
- Rising Demand for Energy-Efficient Data Centers to Boost Market Growth
- Healthcare Industry to Witness a Remarkable Market Growth Owing to Rising Investments in IT Spending
- Strategic Collaboration and Critical Investments in Modular Data Centers by Major Players to Gain Competitive Edge
Discover the Leading Players Featured in the Report:
“Companies leading the Containerized Data Center Market share are Hewlett Packard Enterprises (U.S.), Delta Power Solutions (Taiwan), IBM Corporation (U.S.), Dell Inc. (U.S.), Huawei Digital Power Technologies Co., Ltd. (China), Vertiv Group Corp. (U.S.), Schneider Electric SE (France), ZTE Corporation (China), Shenzhen Kstar Science&Technology Co., Ltd. (China), Fuji Bridex Pte Ltd. (Singapore)”
Report Scope & Segmentation
Report Coverage | Details |
Forecast Period | 2023 to 2030 |
Forecast Period 2023 to 2030 CAGR | 22.8% |
2030 Value Projection | USD 47.14 billion |
Base Year | 2022 |
Containerized Data Center Market Size in 2022 | USD 9.24 billion |
Historical Data for | 2019 to 2021 |
No. of Pages | 150 |
Segments Covered | Type of Container, Enterprise Type, Industry,and Geography |
Browse Complete Report Details:
https://www.fortunebusinessinsights.com/containerized-data-center-market-108571
Drivers and Restraints:
Surging Energy-Efficient Data Center Demand to Drive Industry Expansion
The containerized data center market growth is being driven by the growing demand for energy-efficient solutions. The centers help modern companies decrease their carbon footprints and save energy.
However, issues associated with low computing performance may hinder market growth to a considerable extent.
SEGMENTATION
By Type of Container
- 20 Feet Container
- 40 Feet Container
- Customized Container
By Enterprise Type
- Small and Mid-sized Enterprises (SMEs)
- Large Enterprises
By Industry
- BFSI
- IT & Telecom
- Healthcare
- Government
- Media and Entertainment
- Energy & Utilities
By Region
- North America
- Mexico
- Europe
- Middle East & Africa
- Asia Pacific
Regional Insights:
North America Held Major Share Due to Presence of Key Players
North America dominated the global containerized data center market share in 2022. The expansion is driven by the presence of key market players such as Vertiv Group Corp., IBM, Dell Inc., and HPE.
The Asia Pacific market is poised to exhibit the highest CAGR over the study period. The surge is due to the rising need for real-time data processing and smart city initiatives.
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Competitive Landscape:
Leading Companies Enter Collaborations to Strengthen Industry Footing
Major industry participants are striking partnership deals and collaborations to strengthen their market presence. These initiatives are also being undertaken by companies to increase their geographical footprints. Some of the other steps deployed comprise merger agreements, the formation of alliances, the launch of new containerized data centers, and an increase in research activities.
FAQ’s
How large is the Containerized Data Center Market?
Containerized Data Center Market size was USD 9.24 billion in 2022.
How fast is the Containerized Data Center Market growing?
The Containerized Data Center Market will exhibit a CAGR of 22.8% during the forecast period, 2023-2030.
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