Micro Mobile Data Center Market Growing at CAGR of 26.0% | Key Players Schneider, Huawei, Eaton, Hitachi, IBM
The Micro Mobile Data Center Market is growing at a rapid pace. The global micro mobile data center market is expected to grow at a Compound Annual Growth Rate (CAGR) of 26.01% during the forecast period and is projected to reach USD 8.47 billion by 2022. Micro mobile data center solutions are witnessing widespread adoption across various industries, as they improve the data center availability and reduce costs. The increase in data center technology-related spending and the exponential growth of data traffic across the globe are some of the other factors contributing to the growth of the micro mobile data center market.
Micro mobile data center solutions are witnessing major technological changes and evolving with technological advancements. Micro mobile data centers offer economical solutions that facilitate reduced latency. These data centers offload the computation-intensive processing from the users’ devices to the edge servers and make application processing less dependent on the devices’ capability.
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The high-density networks segment is expected to have the highest growth rate during the forecast period. Micro mobile data centers are adopted by organizations to support the growth in data traffic and device users. Moreover, the increasing use of social media and online media content generates large volumes of data. This has increased the need for low latency network infrastructures. Therefore, micro mobile data center vendors can tap the market opportunity by providing scalable and resilient micro mobile data center solutions, which can be upgraded and expanded to accommodate increasing data volumes.
The Small and Medium-sized Enterprises (SMEs) segment is expected to grow at a higher CAGR during the forecast period. SMEs are rapidly adopting micro mobile data center solutions, as these solutions provide increased scalability, flexibility, power usage, and cost-efficiency. To improve their position in the micro mobile data center market, several vendors provide customized solutions that are targeted at SMEs. The increasing demand for cost-effective data centers solutions, coupled with the advantages of low latency, scalable, and secure infrastructures, is expected to positively impact the growth of the micro mobile data center market.
The Asia Pacific (APAC) market is expected to grow at the highest CAGR during the forecast period. The APAC region offers potential growth opportunities, due to the increasing investments in advanced technologies, surge in data traffic, and requirements for scalable data centers among SMEs in this region.
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The micro mobile data center market includes various vendors, such as Advanced Facilities, Inc. (US), Allied Electronics Corporation Limited (South Africa), Cannon Technologies Ltd. (UK), Canovate Group (Turkey), Chillmann, LLC. (US), Dataracks (UK), Dell Inc. (US), Delta Power Solutions (Taiwan), Eaton Corporation Plc (Ireland), Hanley Energy (Ireland), Hewlett Packard Enterprise (HPE) Development LP (US), Hitachi, Ltd. (Japan), Huawei Technologies Co. Ltd. (China), International Business Machines (IBM) Corporation (US), Instant Data Centers, LLC. (US), IPSIP Group (France), KSTAR Corporation (China), Orbis Oy (Finland), Panduit Corp. (US), Rittal GmbH & Co. KG (Germany), RiverSync (Thailand), Schneider Electric SE (France), Sicon Chat Union Electric Co., Ltd. (China), STULZ GmbH (Germany), Vapor IO (US), Vertiv Co. (US), and Zellabox Pty Ltd. (Australia). These players have embraced different strategies to expand their worldwide presence and increase their market shares. New product launches and partnerships/collaborations are some of the significant strategies embraced by the market players to accomplish developments in the micro mobile data center market. Companies such as Schneider Electric, HPE, and Rittal have adopted these strategies to expand their product portfolios.
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