Containerized Data Center Market Trends

Growth Drivers

Growth in Remodeling of Data Centers The equipment used in data centers is dominated by harsh environments. Therefore, the want for upgrading is rising. In an effort to improve the overall reliability of data center service, increase the quantity of space, and power available, and update equipment to handle the workload of IT necessity, data center renovations are carried out.
Rise in the Demand for Digital Transaction Globally, about two-thirds of adults carry out digital payments. In developing countries, the share of the population focusing more on digital payment was 57% in 2021 which was highest than 47% in 2014. As a result, the need for technologically enhanced data centers are on the rise since digital transaction creates a large amount of data.
Surge in Spending on the Data Centers Companies have grown more engaged in assisting organizations with the development of cloud and data related technologies. Numerous businesses, particularly internet behemoth, is boosting their data center-associated spending and deploying advanced data center innovation in order to keep up with the expanding client demands. These massive investments have to be made to provide the infrastructure needed to aid and operate web services monthly with billions of users.

Challenges

Growing Issues Related to Data Security & Privacy - Compared to data center buildings, isolated containerized data centers are more prone to intrusions. A single point of failure may also bring down an entire containerized data center if there aren't many integrated backups.
High Cost of Containerized Data Centers
Insufficient Computing Capacity

Containerized Data Center Market: Key Insights

Base Year	2022
Forecast Year	2023-2035
CAGR	~ 23%
Base Year Market Size (2022)	~ USD 9 Billion
Forecast Year Market Size (2035)	~ USD 35 Billion
Regional Scope	North America (U.S., and Canada) Latin America (Mexico, Argentina, Rest of Latin America) Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific) Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe) Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

Frequently Asked Questions (FAQ)

The major factors driving the growth of the market are growth in remodeling of data centers, rise in demand for digital transaction, and surge in spending on data centers.

The market size of containerized data center is anticipated to attain a CAGR of ~23% over the forecast period, i.e., 2023 â€“ 2035.

The major players in the market are Cisco Systems, Inc., IBM Corporation, Dell, Inc., Vertiv Group Corporation, and more.

The company profiles are selected based on the revenues generated from the product segment, the geographical presence of the company which determines the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by application type, organization size, industry, and by region.

The large size organizations segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.

Growing issues related to data security & privacy, the high cost of the containerized data center, and insufficient computing capacity are estimated to be the growth hindering factors for the market expansion.

The market in the North American region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.

Containerized Data Center Market Trends