Micro Data Center Market Size 2019-2025

By | 2019-05-21T06:52:51+00:00 May 20th, 2019|Micro Modular Data Center|Comments Off on Micro Data Center Market Size 2019-2025

 

micro-data-center-market 2019-2025

The micro data center market is anticipated to grow at a CAGR of around 24% from 2019 to 2025.

Rise in the installation of self-contained and modular facilities by telecom operators is a major factor driving the market growth. Telecommunication companies require low latency and scalable solutions to enhance network connectivity. With the increase in the penetration of 5G technologies, the companies are more concerned toward the network and internet bandwidth quality. Companies are investing heavily to improve the network infrastructure that is compatible with the 5G connectivity. The adoption of edge computing solutions allows businesses to provide network connectivity close to the users with lesser latency issues, augmenting the market demand.

Key players operating in the micro data center market are Attom Technology, Advanced Facilities, Inc., Canovate Group, Dell Inc., Dataracks, Eaton Corporation PLC, Delta Power Solutions, Hewlett-Packard Enterprise Company, Huawei Technologies Co., Ltd., Panduit Corporation, IBM Corporation, STULZ GmbH, Schneider Electric SE, Vertiv Co., and Zellabox, among others. The players are engaged in developing cost-effective, energy-efficient, and portable solutions that can be easily deployed with minimum space occupancy in the business facility. [Learn More Here:Source ]