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The Rise of Micro Mobile Data Center: A $9.6 Billion Market Dominated by Tech Giants (Schneider Electric, Vertiv, Eaton, Panduit) | MarketsandMarkets™
Chicago, May 29, 2024 (GLOBE NEWSWIRE) -- The global Micro Mobile Data Center Market size is expected to grow from USD 5.2 billion in 2024 to USD 9.6 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 13.3% during the forecast period, according to a new report by MarketsandMarkets™. The demand for micro mobile data centers is increasing globally due to the higher edge computing solutions and the growing need for decentralized data processing and storage.
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Micro Mobile Data Center Market Dynamics:
Drivers:
Growing demand for edge data centers
Demand from organizations for high-performance, energy-efficient, and cost-effective data center solutions
Surge in demand for plug-and-play data centers
High emphasis on security and threat detection systems
Restraints:
High capital investment.
Lack of standardization
Opportunities:
Increasing demand for disaster recovery and business continuity data center solutions.
Focus on flexible and scalable IT infrastructure
Growing demand for intelligent and interconnected urban infrastructure
List of Top Companies in Micro Mobile Data Center Market:
Schneider Electric (France)
HPE(US)
Dell(US)
Vertiv(US)
Huawei(China)
Eaton(Ireland)
IBM(US)
Rittal (Germany)
Panduit(US)
Stulz(Germany)
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Based on the offerings, the solution segment will gain the largest market share during the forecast period.
The micro mobile data center market has been experiencing significant growth and is projected to continue expanding in the coming years. Factors such as the proliferation of IoT devices, the rise of edge computing, and the need for rapid IT infrastructure deployment drive this growth. North America currently dominates the micro mobile data center solutions market due to the presence of several key players and the early adoption of edge computing technologies. However, regions like Asia-Pacific are also witnessing rapid growth due to increasing digitization and IoT adoption. Major micro mobile data center market players include Schneider Electric, Hewlett Packard Enterprise (HPE), Dell Technologies, Eaton Corporation, Huawei Technologies Co., Ltd., and Vertiv Co. The solutions segment is further bifurcated into ...