Containerized Data Center Market

Global Containerized Data Center Market Size (2023-2028)

The global Containerized Data Center market was assessed to be 7.52 billion USD in the year 2022 that is estimated to increase to 7.52 billion USD by the end of 2028 with a compound annual growth rate of 25.49% during the outlook period of 2023-2028. The market value of containerized data center is supposed to increase more over the conjecture period due to the rising investments in the IT sector.

Driving Factors

Growing adoption of cloud is one of the major driving factors of the global Containerized Data Center market growth rate. Another prominent factor driving the Containerized Data Center business was the increasing data generation and rising need for data centers among different enterprises around the world.

Increasing pressure of shrinking IT budgets and reducing infrastructural investments are some of the growth supporting factors of the market of Containerized Data Center in terms of revenue rate.

Another major growth driving aspect of the global Containerized Data Center market was the high adoption rate of this technology across the planet. Increasing investments by the companies from emerging economies such as India, Brazil and China for new product innovation boosts the growth of the market for Containerized Data Centers.

Challenges

The high cost of the manufacturing equipment is acting as a major element that is hindering the growth of the worldwide Containerized Data Center Market. Another major challenge to the expansion of the market for Containerized Data Center was the privacy issues associated with the data.

Recent Market Developments

• In the month of April 2020, Rittal GmbH & Co collaborated with ZutaCore which was an expert in cooling processors and liquid cooling has launched an innovative solution for high performance cooling and this new system works based on the evaporative cooling.

GLOBAL CONTAINERIZED DATA CENTER MARKET REPORT COVERAGE:

Market Segmentation

The global Containerized Data Center market is segmented on the basis of type of container, on the basis of application, on the basis of deployment size, on the basis of industry verticals and on the basis of geography.

Global Containerized Data Center Market - By Type of Container:

the Containerized Data Center market is segmented into 20 feet container, 40 feet container and customized types of containers. Among these, the 20 feet container segment holds the major share of the market among the others.

Global Containerized Data Center Market - By Application:

the market of Containerized Data Center is divided into greenfield, brownfield and upgrade and consolidation. Among these, the upgrade and consolidation segments holds the substantial share of the market.

Global Containerized Data Center Market - By Deployment Size:

the Containerized Data Center market is divided into three types namely, small business, mid-size business and large business. Among these, the mid-size business segment accounted for the major share of the market.

Global Containerized Data Center Market - By Industry Verticals:

the Containerized Data Center market is segmented into banking, financial services and insurance, telecom and IT, government and public, defense, energy, healthcare, education and mining, media, entertainment, retail, automotive, manufacturing, transport and research. Among these, the defense segment registered the major share of the market.

Regional Analysis

The global Containerized Data Center market is spread across various regions all around the world such as North America (US, Mexico, Canada and rest of North America), Europe region (Italy, UK, France, Germany, Spain and rest of Europe), Asia Pacific region (India, Japan, China, Australia and rest of Asia Pacific) and the rest of the world.

North America region holds the major share of the market since many companies in the area are deploying these data centers, especially in the United States, which is also estimated to propel the growth of the market of Containerized Data Centers in this area in future.

Asia Pacific region holds the second largest share of the market of Containerized Data Centers owing to the growing adoption of cloud among different businesses in nations such as India, China, Australia, Japan, and so on.

Europe region is expected to record an increase in the market value of Containerized Data Centers owing to the rising investment for new product innovation by the companies in developed nations like Germany, UK, France, Italy, Spain, etc.

Key market players

Some of the key players of the global Containerized Data Center market are Hewlett Packard Enterprise Company, IBM Corporation, Dell Inc, Cisco Systems Inc, and Huawei Technologies.

COVID-19 impact on the Containerized Data Center Market

Due to the lockdown scenario, companies around the world have temporarily halted their manufacturing units to curb the transmission of coronavirus as it was propagating at a rapid speed from one person to another. This situation may continue until the vaccine for the COVID-19 has released. But the companies are in a panic situation as they have experienced huge losses due to the coronavirus pandemic and are looking for some alternatives to set out their business in a right path, but it’s supposed to take some while until everything will be back to normal. 

Coronavirus has impacted the global industries in three ways, by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on firms and financial markets due to the strict lockdown imposed by the government authorities all around the world.

Since the lockdown has lifted in so many companies with a few stringent regulations by the government authorities and gave permissions to all the companies to resume their production units.

As per the analysis, the market of Containerized Data Center is supposed to increase the revenue rate in the next few months with all the industries beginning their manufacturing of the products which in turn is going to improve the revenue rate of the Containerized Data Center business in the coming years.