The modular data center market is estimated to grow from USD 10.34 billion in 2016 to USD 38.30 billion by 2021, at a CAGR of 29.94 percent from 2016 to 2021. Modular data center solutions are gaining a significant importance among the organizations as it facilitates them with a more agile and efficient approach and operations in data centers. The modular data center concept provides prefabricated modules that easily address the capacity needs with quick deployment time and help in cutting down the cost of in-house infrastructure. The enterprises are moving beyond the traditional concepts of data centers to address rapid technology changes and variation in business needs, which is expected to increase the adoption of the modular approach.
In terms of services, integration and deployment services segment is expected to dominate the modular data center market and contribute the largest market share, whereas infrastructure management is set to grow at the highest rate during the forecast period. Growing investments in modular data centers across the world and the increasing adoption of these solutions is further fueling the growth of the market.
The market in North America is expected to hold the largest share of the market. The APAC region is projected to have great opportunities in this market and would grow at the highest CAGR by 2021 due to the increasing adoption of modular data center technology in this region and the presence of various developing countries, such as China, India, and the Philippines.
Various vendors are coming up with innovative modular data center solutions and products due to the emerging demand for energy-efficient modular data centers with low PUE. Huawei Technologies Co. Ltd. is one of the dominant players in providing modular data center solutions and services and has decades of experience in data center and telecommunication offerings.