About Micro Data Centers
A micro data center refers to a small and highly modular system that delivers supplementary resources for an enterprise. Microdata centers are self-contained modular data center that comprises of all the components of a conventional data center. A micro data center is developed to solve various sets of issues or to process types of workload that cannot be handled by conventional capabilities. Microdata center solutions are easy to handle, cost-effective, and can be added to a data center capacity whenever needed.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 21.3% |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Micro Data Centers market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Advanced Facilities, Inc. (United States), Attom Technology (United States), Cannon Technologies, Ltd. (United States), Canovate Group (Turkey), Dell Inc.(United States), Delta Power Solutions (Taiwan), Eaton Corporation Plc (Ireland), Hewlett Packard Enterprise (HPE) Development LP (United States), Huawei Technologies Co., Ltd. (China), International Business Machines (IBM) Corporation (United States), Panduit Corp. (United States), Rittal GmbH & Co. KG (Germany), Hitachi, Ltd. (Japan), Schneider Electric SE (France), STULZ GmbH (Germany), Instant Data Centers, LLC. (United States), Dataracks (United Kingdom), Vertiv Co. (United States) and Zellabox Pty Ltd. (Australia) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Hanley Energy, Sicon Chat Union Electric Co. Ltd., Shenzhen Kstar Science &Technology Co. Ltd. and Vapor IO.
Segmentation Overview
AMA Research has segmented the market of Global Micro Data Centers market by and Region.
On the basis of geography, the market of Micro Data Centers has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Organization Size, the sub-segment i.e. Small and Medium-sized Enterprises (SMEs) will boost the Micro Data Centers market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Industry Verticals, the sub-segment i.e. Banking, Financial Services, and Insurance (BFSI) will boost the Micro Data Centers market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Component, the sub-segment i.e. Solution (Power, Networking, Cooling, Rack & Enclosure {Upto 24U, 24U to 40U, Above 40U}, DCIM) will boost the Micro Data Centers market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Technological Advancement and Innovation for Developing Cost-Effective and Energy Efficient Data Center Solutions
Market Growth Drivers:
Increased Focus on Edge Computing, Growing Demand for Cost Effective, Scalable and Customizable IT Solutions From SMEs, Rising Need for Real-Time Data Access in Remote Locations and Deployment and Commercialization of 5G Network Connectivity
Challenges:
Lack of Awareness Regarding Micro Data Centers And Its Advantages and Difficulty in Monitoring and Management at Remote Locations
Restraints:
Limited Buying Options and Customization
Opportunities:
The rise in demand from SMEs and Potential Growth from Emerging Countries
Market Leaders and their expansionary development strategies
In December 2023, Google Cloud partners with Equinix to offer its cloud services from MicroPOD-enabled Edge Zones globally, expanding its reach and service offerings.
In November 2023, Vertiv and Equinix partner to develop and deploy micro data centers at the network edge, catering to increased demand for low-latency connectivity.
Key Target Audience
Small and Medium-sized Businesses, Educational Institutions:, Retail and Hospitality and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.