Micro Data Center Market Analysis, Size, Share, Growth, Trends and Forecast to 2026
A detailed analysis of the micro data center market is entailed in this research report. The driving forces responsible for propelling the growth graph of this vertical in addition to the regional and competitive trends are mentioned in the study. A comprehensive document comprising details about vital parameters such as the industry ecosystem analysis, market segmentation, and the vendor matrix, the market report also contains information on the pivotal industry insights for core players to look out for.
The micro data center market is anticipated to amass noteworthy revenue growth on account of proliferating demand for portable and compact data storage and management infrastructure. Organizations are looking for reliable data storage solutions that offer efficient management and data security.
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The MEA micro data center market is likely to foresee immense growth owing to the expanding regional industrial sector and the rising advent of digitalization in the region. In fact, initiatives such as the Abu Dhabi Economic Vision 2030 and the UAE Vision 2021 are specifically focused towards establishing a globally integrated business environment as well as building modern economies. An upsurge in the number of companies implementing digital techniques would positively encourage regional market players to innovate cost-effective, portable, and energy-efficient infrastructure that can be rapidly and easily deployed while occupying a minimum amount of space.
Additionally, economies like South Africa are witnessing a growing trend of IoT and cloud computing adoption across industries, which is augmenting the need for edge computing and for constructing data centers closer to the customers’ premises.
Collocation services is a major application avenue that is expected to drive the overall industry growth over the analysis period. Building a new data center involves high costs, which is restricting numerous enterprises from having their own data center. This is pushing enterprises towards colocation services as a more affordable solution. Colocation services also cut the overall IT infrastructure expenses as well as additional costs incurred through cooling and power equipment. Rising data center colocation services adoption for convenience as well as efficient infrastructure management is expected to fuel the demand for sophisticated micro data centers.
Numerous colocation providers are consolidating their offerings in order to improve their market position. Market players such as Vertiv Group Corp. and Eaton Corporation, offer both colocation services and micro data centers in their portfolio, which strengthens their market position.
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On the regional landscape, the Middle East and Africa are emerging as a credible growth source for micro data center companies. Rapid expansion activities in the industrial sector supported by increasing trend of digitalization could prove beneficial for the regional business outlook. Initiatives like Abu Dhabi Economic Vision 2030 and UAE Vision 2021, which are focused on establishing a globally integrated business environment and building modern economies, could massively support the adoption of micro data centers.
The competitive landscape of the micro data center market is inclusive of players such as Huawei Technologies Limited, Hewlett Packard Enterprise, Eaton Corporation, Smart Edge Data Centers Limited, NVIDIA Corporation, EdgePresence, and Edgemicro among others.
Major Key Points from Table of Content:
Chapter 6 Micro Data Center Market, By Application
6.1 Key trends
6.2 BFSI
6.2.1 Micro data center market estimates and forecast, 2016 – 2026
6.3 Colocation
6.3.1 Micro data center market estimates and forecast, 2016 – 2026
6.4 Energy
6.4.1 Market estimates and forecast, 2016 – 2026
6.5 Government
6.5.1 Market estimates and forecast, 2016 – 2026
6.6 Healthcare
6.6.1 Market estimates and forecast, 2016 – 2026
6.7 Industrial
6.7.1 Market estimates and forecast, 2016 – 2026
6.8 IT & Telecom
6.8.1 Market estimates and forecast, 2016 – 2026
6.9 Others
6.9.1 Market estimates and forecast, 2016 – 2026
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