Micro Data Center Market is Booming Worldwide According to a New Research Report by 2026

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Selbyville, Delaware, United States, October 23 2020 (Wiredrelease) Global Market Insights, Inc –:The micro data center market is anticipated to amass noteworthy revenue growth on account of proliferating demand for portable and compact data storage and management infrastructure. Organizations are looking for reliable data storage solutions that offer efficient management and data security.

Digitalization has apparently led to the generation of large volumes of data. Increasing adoption of digital technologies across multiple industry verticals could positively impact the micro data center business growth. Considering these aspects, Global Market Insights estimates that the micro data center market could touch USD 15 billion by the year 2026. 

The advent of new-age computing technologies has advocated the construction of new data centers. Generally, the distance between a data center and an end-user can affect the delivery of digital services with high bandwidth costs. Micro data centers solve this issue by enabling the effective deployment of edge computing.

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Proliferating demand for superior data centers from computer-intensive end-users specializing in IoT and AI could massively benefit industry outlook over the forecast timeframe. This could also fuel the demand for highly integrated enclosures & racks as well as efficient cooling and power equipment. 

In terms of application, the micro data center market is bifurcated into colocation, BFSI, government, energy, industrial, healthcare and IT & telecom. Out of these, the colocation services segment is expected to record immense traction over the forecasted timeframe. Building a new data center can be expensive, especially for small and medium-sized businesses that have budget constraints. As a result, colocation services provide a cheap alternative for businesses to store their vital data. 

Colocation services minimize the additional expenses incurred for power and cooling equipment, and the overall cost on IT infrastructure. Various colocation providers are integrating micro data center market in their portfolio to broaden their market reach and consumer base. Taking August 2020 for instance, EdgeMicro released five new micro data centers in the United States as spending on edge technology from cloud vendors such as Google, Microsoft and AWS skyrocketed. The company will construct these centers in Indianapolis, Cleveland, Houston, Pittsburgh and Memphis. 

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On the regional landscape, the Middle East and Africa are emerging as a credible growth source for micro data center market companies. Rapid expansion activities in the industrial sector supported by increasing trend of digitalization could prove beneficial for the regional business outlook. Initiatives like Abu Dhabi Economic Vision 2030 and UAE Vision 2021, which are focused on establishing a globally integrated business environment and building modern economies, could massively support the adoption of micro data centers. 

Table Of Content:

Chapter 5    Micro Data Center Market, By Component

5.1    Key trends

5.2    Solution

5.2.1    Market estimates and forecast, 2016 – 2026

5.2.2    Power

5.2.2.1    Market estimates and forecast, 2016 – 2026

5.2.2.2    UPS

5.2.2.2.1    Market estimates and forecast, 2016 – 2026

5.2.3    Networking

5.2.3.1    Market estimates and forecast, 2016 – 2026

5.2.4    Cooling

5.2.4.1    Market estimates and forecast, 2016 – 2026

5.2.5    Rack & enclosure

5.2.5.1    Market estimates and forecast, 2016 – 2026

5.2.6    DCIM

5.2.6.1    Market estimates and forecast, 2016 – 2026

5.3    Service

5.3.1    Market estimates and forecast, 2016 – 2026

5.3.2    Installation & integration

5.3.2.1    Market estimates and forecast, 2016 – 2026

5.3.3    Maintenance & support

5.3.3.1    Market estimates and forecast, 2016 – 2026

5.3.4    Consulting

5.3.4.1    Market estimates and forecast, 2016 – 2026

Chapter 6    Micro Data Center Market, By Application

6.1    Key trends

6.2    BFSI

6.2.1    Market estimates and forecast, 2016 – 2026

6.3    Colocation

6.3.1    Market estimates and forecast, 2016 – 2026

6.4    Energy

6.4.1    Market estimates and forecast, 2016 – 2026

6.5    Government

6.5.1    Market estimates and forecast, 2016 – 2026

6.6    Healthcare

6.6.1    Market estimates and forecast, 2016 – 2026

6.7    Industrial

6.7.1    Market estimates and forecast, 2016 – 2026

6.8    IT & Telecom

6.8.1    Market estimates and forecast, 2016 – 2026

6.9    Others

6.9.1    Market estimates and forecast, 2016 – 2026

Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/micro-data-center-market

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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