Mini Data Center Market is estimated to be US$ 13.29 billion by 2030 with a CAGR of 16.2% during the forecast period
Mini Data Center market accounted for US$ 3 billion in 2020 and is estimated to be US$ 13.29 billion by 2030 and is anticipated to register a CAGR of 16.2%. A data centre is a physical location where businesses keep their mission-critical programmes and data. The design of a data centre is built on a network of computer and storage resources that allow shared applications and data to be delivered. Routers, switches, firewalls, storage systems, servers, and application-delivery controllers are all important components of a data center design. Data centers nowadays are vastly different than they were only a few years ago. Virtual networks that support applications and workloads across pools of physical infrastructure and into a multicloud environment have replaced traditional on-premises physical servers.
The report "Global Mini Data Center Market, By Products (Containerized Data Center and Micro Data Center) and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2029’’
Key Highlights:
· In September 2021, Trend Micro has opened its Cloud One regional data centre in India, with the goal of preserving data sovereignty and protecting data privacy.
· EdgeMicro, one of the few firms creating networks of small-form factor edge data centres, announced its next five locations in the United States in August 2020: Cleveland, Indianapolis, Memphis, Houston, and Pittsburgh.
Analyst View:
The rise in demand for compact data centers among small and medium-sized businesses is one of the key drivers driving the worldwide mini data center market's growth (SMEs). Furthermore, because a large number of SMEs are unable to make major expenditures in the building of traditional data center facilities, the demand for data center infrastructure is expanding among SMEs around the world. Mini data centers are also flexible, cost-effective, and scalable when compared to traditional data centers.
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Key Market Insights from the report:
Global Mini Data Center market accounted for US$ 3 billion in 2020 and is estimated to be US$ 13.29 billion by 2030 and is anticipated to register a CAGR of 16.2%. Global Mini Data Center market is segmented into product and region.
· Based on Product, the Global Mini Data Center Market is segmented into Containerized Data Center and Micro Data Center.
· By Region, the Global Mini Data Center Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Competitive Landscape & their strategies of Global Mini Data Center Market:
The key players in the global Mini Data Center market includes Canovate Elektronik Endustri VE Ticaret AS, Emerson Network Power Holding Srl, Hewlett Packard Enterprise, Huawei Technologies Co., Ltd., Instant Data Forms Ltd, Rittal Corp., Schneider Electric SE, Advanced Facilities, Inc., Altur SA and Cancom SE.
The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included in the report.
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