It’s that time of year when the 2023 research, market data and trends are published, providing hope and guidance. One area that continues to grow at an accelerating speed is anything data related. Think about it; we use technology for just about everything, which produces vast amounts of data that requires processing, security and analysis.
The latest global modular data center market size forecasts point to sustained and continued growth through 2030 – Marketsandmarkets.com states the modular data center market was estimated at USD 23 billion in 2022 and is projected to reach USD 88.5 billion by 2030 at a CAGR of 18.4% during the forecast period (2022-2030).
What’s driving growth? According to a recent report by marketresearch.com, the evolution and innovation of data center design and deployment and an increase in the adoption of Edge, Big Data, and IoT.
Other factors driving modular data center growth include:
Industries embracing modular data center construction:
Advantages and benefits of deploying modular data centers:
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