ICT Media Industry
September 13, 2019

Global Micro Data Center Market Size, Trend, Segmentation, Growth And Opportunities Forecast To 2024

It has been observed that the traditional server rooms are expensive and inefficient for the conservation of energy. Additionally, microdata centers are considered to be a cost-effective alternative and are economical that contributes towards rampant growth of micro data center market globally.

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On the basis of end-user, the microdata center market is categorized into healthcare, IT and telecom, energy, retail, BFSI and others. Among all these end users, demand for micro data center in retail industry is anticipated to witness fastest growth during the forecast period.

Traditional facilities for simplified workload, physical specifications, cost-effectiveness and self-containment are the key factors driving the growth of micro data center market, globally. It has been observed that the change in the needs of the data center depends upon the size of the enterprise, since large numbers of enterprises are adopting micro data centers because of the traditional facilities provided.

Geographically, North America dominates the micro data center market due to earlier advancements in the technology in this domain. Increasing adoption of I.T. sector in the region further plays a vital role for its increased adoption of the technology in the region.

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The key players in the micro data center market, globally include Advanced Facilities, Inc., Huawei Technologies Co. Ltd., Allied Electronics Corporation Limited, Hewlett Packard Enterprise (HPE) Development LP, Cannon Technologies Ltd., Eaton Corporation Plc, Delta Power Solutions, Hanley Energy, Chillmann, LLC., Hitachi, Ltd., Canovate Group, and Dataracks, Dell Inc.

Source: VynZ Research