Micro Mobile Data Center Market will grow $8.5 Billion by 2022 from $2.7 Billion in 2017

(IT-NEWSWIRE.COM, July 31, 2019 ) According to a research report "Micro Mobile Data Center Market by Application (Instant DC and Retrofit, High-Density Networks, Remote Office, Mobile Computing), Rack Unit (Up To 25 RU, 25–40 RU, above 40 RU), Organization Size, Industry, and Region - Global Forecast to 2022", published by MarketsandMarkets, MarketsandMarkets expects the micro mobile data center market size to grow from USD 2.7 billion in 2017 to USD 8.5 billion by 2022, at a Compound Annual Growth Rate (CAGR) of 26.0% during the forecast period.

The growing demand for secure data center infrastructures has fueled the high adoption of micro mobile data center solutions. Micro mobile data center solutions can be easily deployed at the network edge to reduce latency. This has further fueled the demand for these solutions among data center users.

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The instant DC and retrofit application to have the largest market size during the forecast period

Among applications, the instant DC and retrofit segment is expected to have the largest market size during the forecast period. Data center retrofits are cost-effective alternatives that typically cost between 25% and 40% of the total cost required for building new data centers. These retrofits help expand data center capacity as and when required at a minimal cost. These benefits of retrofits are expected to fuel the growth of the micro mobile data center market during the forecast period.

The 25–40 RU segment to grow at the highest CAGR during the forecast period

Among rack units, the 25–40 RU segment is expected to witness the highest CAGR during the forecast period. Micro mobile data center benefits, such as portability and ease of use, have contributed to the growth of this segment. Moreover, micro mobile data center solutions are being adopted increasingly due to their remote monitoring and management capabilities.

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North America to dominate the micro mobile data center market in terms of
market size during the forecast period

North America is expected to have the largest market size during the forecast period, owing to the increasing number of companies in the region deploying micro mobile data centers to expand the capacity of their pre-existing data center infrastructure. The region has the highest number of cloud service providers and a large number of pre-existing data center facilities. This is expected to increase investments in the technological development of existing infrastructure, thereby contributing to the growth in the deployment of micro mobile data centers in the region.

Some of the major technology vendors in the micro mobile data center market include Schneider Electric (France), Huawei (China), HPE (US), Eaton (Ireland), Panduit (US), Zellabox (Australia), Hitachi (Japan), Vertiv (US), IBM (US), and Rittal (Germany).

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Micro Mobile Data Center Market will grow $8.5 Billion by 2022 from $2.7 Billion in 2017