Global Micro Data Center Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2028
Global Micro Data Center Market: Overview
“The global Micro Data Center Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031.”
Micro data center is a modular system that is used to serve small businesses or which offers extra resources for an enterprise as per requirement. A micro data centers offers various types of solutions to different types of complications or to handle various types of workloads which is not able to managed by large modular data centers or to buy out dated facilities. A micro data center is usually having less than ten servers and less than 100 virtual machines inside a single 19-inch box. Micro data centers offer benefits such as built-in security systems and fire & flood protection.
Global Micro Data Center Market: Dynamics
Changing requirements in developing enterprises and adoption of micro data centers to store the sensitive data in remote locations or in on premise are factors expected to drive growth of the global micro data center market. Micro data centers are able to accomplish workload in a simplified way which is not provided by traditional data centers. To store the large volume of information various enterprises replaced local services with automated micro data centers. These are some factors expected to fuel growth of the target market.
Moreover, some major benefits which are offered by micro data centre includes low cost, customizability, scalability, and others. Portability and less space requirement are other factors expected to drive growth of the global micro data centre market. Micro data centre has all equipment which is available in traditional data centre such as privacy system, anti-fire system, telecommunication systems, cooling systems, and uninterruptible power supply. Further, growing demand to operate in critical, remote environment, and standardized structure is a factor expected to drive growth of the global micro data centre market.
However, the global micro data center is expected to hamper growth in case of vendor lock-in.
Global Micro Data Center Market: Segment Analysis
Among rack size segments, the 25U-40U segment is expected to account for largest revenue share in the global micro data center market, owing to features such as easy to use and portability. In addition, 25U segment is projected to register highest growth in the global micro data center.
Among end-use industry segments, the retail segment is anticipated to account for largest revenue share in global micro data center market, owing to wide adoption of micro data center for enhancing production and efficiency.
Global Micro Data Center Market: Region Analysis
North America market is anticipated to account for highest revenue share in the global micro data centre market. The major factor expected to drive growth of the North America micro data centre market is growing demand of micro data centre in the field of IT and telecom owing to rapid development in existing infrastructure.
Global Micro Data Center Segmentation:
Segmentation by Rack Size:
- Less than 25U
- More than 40U
Segmentation by Application:
- Media Content
- Web Content
- Cloud services
Segmentation by End-use Industry:
- IT & Telecom
- Energy & Manufacturing
Segmentation by Region:
- North America
- Latin America
- Asia Pacific
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Eaton Corporation plc
- Hitachi Ltd.
- Panduit Corp.
- Hewlett Packard Enterprise Development LP
- Instant Data Forms Ltd.
- Huawei Technologies Co. Ltd.
- Rittal GmbH & Co. KG
- Schneider Electric SE.
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