Global Micro Data Center Market – Industry Trends and Forecast to 2030

Micro Data Center Market Analysis and Size

The global micro data center market is segmented on the basis of component, organization size, rack unit, application, and end-user. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

Data Bridge Market Research analyses that the global micro data center market which was USD 11,000 million in 2022, would rocket up to USD 15,900 million by 2030, and is expected to undergo a CAGR of 21.3% during the forecast period. This indicates the market value. “ Health Insurance, ” dominates the type segment of the global micro data center market due to their As enterprises have grasped the necessity of automated quality assurance in production processes, the demand for it has grown which is further anticipated to propel the growth of the industrial machine vision market. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Micro Data Center Market Scope and Segmentation

Market Definition

The micro data center refers to the compact, self-contained data centers that are designed to provide processing, storage, and networking capabilities in a smaller form factor. A micro data center is a modular and portable solution that integrates power, cooling, security, and infrastructure management within a single enclosure. Micro data centers are typically smaller in size compared to traditional data centers and are designed to be deployed in edge locations, remote sites, or areas where space is limited. They offer localized data processing and storage capabilities, bringing computing resources closer to the point of data generation or consumption.

Global Micro Data Center Market

Drivers

• Increasing adoption of micro data center by organizations

The organizations are dependent on modular solutions that can be easily located at the edge of the network to reduce the latency level, improving the network connectivity for data transferring & processing of data. Micro facilities offer several benefits, such as mobility, cost-effectiveness, power efficiency, and enhanced networking & connectivity, encouraging organizations to implement micro data center solutions at edge locations. Moreover, the rapid deployment of micro data center facilities allows organizations to scale up their business processes during high computing requirements thus, increasing the demand for the micro data center market.

• Increasing demand for micro data centers in the telecom industry

Telecommunication companies require scalable and low latency solutions to improve network connectivity with customers. With the surge in the use of 5G technologies, the operators are highly concerned about internet bandwidth quality and networking connectivity. Telecom operators heavily investing to improve network infrastructure which is compatible with 5G connectivity. The adoption of cutting edge computing solutions allows the business to provide network connectivity close to the users with lesser latency issues, driving the demand for the micro data center market in the forecasted years.

Opportunities

• Edge Computing Expansion

The rise of edge computing, driven by the proliferation of IoT devices and the need for real-time data processing, creates significant opportunities for micro data centers. As organizations seek to process and analyze data closer to the point of generation, micro data centers provide a compact and efficient solution for edge computing deployments.

Restraints/Challenges

• Power and Cooling Requirements:

Effective power management and cooling are essential for maintaining the optimal performance of micro data centers. As the computing infrastructure is housed in a smaller enclosure, managing power consumption and dissipating heat can be more challenging. Ensuring adequate power supply and efficient cooling mechanisms is crucial to prevent equipment overheating and performance degradation.

• Network Connectivity and Bandwidth:

Micro data centers often rely on network connectivity to access centralized resources or cloud services. In locations with limited or unreliable network connectivity, the performance and availability of micro data centers may be impacted. Ensuring reliable network connectivity and sufficient bandwidth is necessary for seamless operations and data transfer.

Recent Developments

• In June 2022, Microsoft signed a deal with Eaton which makes data centers' backup power supplies systems a part of the electricity grid, supporting the integration of renewable energy sources. This grid-ready EnergyAware UPSs can respond to control signals from the electricity utility and offer power to the local grid
• In September 2021, Australian micro data center firm Zella DC launched a microdata center-as-a-service offering. The new Service option is available for all its existing micro data centers and provides a new Opex model which provides companies with the option for processing more data at the Edge

Global Micro Data Center Market Scope and Market Size

The industrial machine vision market is segmented on the basis of component, organization size, rack unit, application, and end-user. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Component

• Solution,
• Service

Organization Size

• Small and Medium-Sized Enterprises
• Large Enterprises
• Rack Unit (Up to 20 RU, 20–40 RU, Above 40 RU),

Application

• Instant Data Center
• Remote Office and Branch Office
• Edge Computing

Rack Unit

• Up to 20 RU
• 20–40 RU
• Above 40 RU

End-User

• Banking
• Financial Services, and Insurance
• IT and Telecom
• Government and Defense
• Media and Entertainment
• Healthcare
• Retail
• Manufacturing
• others

Global Micro Data Center Market Regional Analysis/Insights

The global micro data center market is analysed and market size insights and trends are provided by country, component, organization size, rack unit, application, and end-user as referenced above.

The countries covered in the global micro data center market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa.

North America leads the global micro data center market due to the application of advanced technology in several industries. Furthermore, the occurrence of major key players will further boost the growth of the industrial machine vision market in the region during the forecast period.

Asia-Pacific is projected to observe a significant amount of growth in the global micro data center market due to the sturdy occurrence of major manufacturing countries. Moreover, the rise in the number of new entrants is further anticipated to propel the growth of the Micro Data Center market in the region in the coming years.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends, and porter's five forces analysis, and case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Global Micro Data Center Market Share Analysis

The industrial machine vision market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to industrial machine vision market.

Some of the major players operating in the Global Micro Data Center Market  are:      

Schneider Electric, Hewlett Packard Enterprise Development LP, Rittal GmbH & Co. KG, Vertiv Group Corp., IBM, Eaton, Delta Power Solutions, Canovate, ALTRON, Cannon Technologies Ltd., Huawei Technologies Co., Ltd., Legrand, Shenzhen Kstar Science&Technology Co., Ltd., Zella DC, Panduit, Advanced Facilities, Inc., Attom Technology, Sicon Chat Union Electric Co., Ltd., STULZ GMBH, Dataracks and Black Box Corporation among other.

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