The micro mobile data center market size is projected to reach US$ 20.03 billion by 2031 from US$ 4.45 billion in 2023. The market is expected to register a CAGR of 20.7% during 2023–2031. Increasing demand for micro mobile data centers in the e-commerce industry is likely to remain a key trend in the market.
Micro Mobile Data Center Market Analysis
Micro mobile data centers are critical to enabling edge computing capabilities. They act as nodes for various number of applications, including Content Delivery Networks (CDNs), real-time analytics, and the Internet of Things (IoT). Furthermore, micro mobile data centers serve the infrastructural requirements of 5G telecommunications networks while also providing IT services to remote and branch offices. In addition, the growing adoption of cloud-based solutions and services is raising the need for micro mobile data centers globally, further creating an opportunity for the growth of the market.
Micro Mobile Data Center Market Overview
A micro data center (MDC) is a small, self-contained data center that is intended to be deployed close to the users or devices it supports. Micro data centers are portable and available in a variety of sizes, including a half-rack, a single rack, numerous racks, and even a small ISO shipping container (20 feet long by 8 feet wide). They can be used indoors or outdoors, depending on the needs. Although the majority of micro data centers are floor-standing, for greater flexibility, smaller versions can also be wall-mounted.
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Micro Mobile Data Center Market Drivers and Opportunities
Increasing Number of Connected Devices
According to the report by Telefonaktiebolaget LM Ericsson, the number of devices connected through Massive IoT technologies reached approximately 500 million at the end of 2022. This growth of Massive IoT technologies is due to the added capabilities in the networks, which enables Massive IoT to coexist with 4G and 5G in frequency division duplex (FDD) bands via spectrum sharing. Also, in 2022, broadband IoT reached 1.3 billion connections and helped connect the largest share of all cellular IoT devices. In addition, the rising adoption of 5G worldwide is boosting the number of IoT devices. According to the Groupe Speciale Mobile Association (GSMA), in 2022, 5G penetration accounted for 17% across the world, which is expected to reach 54% by 2030. North America has the highest 5G penetration; it was recorded to be 39% in 2022 and is expected to reach 91% by 2030. Similarly, in 2022, Asia Pacific (except China) and Europe recorded 4% and 11% of 5G penetration, which is expected to reach 41% and 87% by 2030, respectively. This rise in the number of connected devices will generate a large amount of data, which will further fuel the growth of the market.
Rising Demand for Cloud Computing
A study conducted by the International Data Group found that 18% of organizations intend to deploy cloud computing solutions at some time, while 69% of businesses are currently using cloud technology in some capacity. Meanwhile, according to Dell, businesses that make investments in big data, cloud, mobility, and security see up to 53% quicker revenue growth than their rivals. This research indicates that more and more tech-savvy companies and corporate executives are realizing the numerous advantages of the cloud computing movement. Thus, such a growing adoption of cloud computing is expected to propel the market growth in the forecasted period.
Micro Mobile Data Center Market Report Segmentation Analysis
Key segments that contributed to the derivation of the micro mobile data center market analysis are rack unit, application, enterprise size, and industry vertical.
- Based on the Rack Unit, the micro mobile data center market is segmented into Up to 25 RU, 25-40 RU, and above 40 RU. The above 40 RU segment is anticipated to witness significant growth in the forecasted period.
- Based on application, the market is segmented into instant DC and retrofit, high density networks, remote office support, mobile computing, and others. The instant DC and retrofit segment is anticipated to witness significant growth in the forecasted period.
- Based on enterprise size, the market is bifurcated into large enterprises and small and medium-size enterprises. The small and medium-size enterprises segment is anticipated to witness significant growth in the forecasted period.
- Based on industry vertical, the market is segmented into BFSI, retail, healthcare, IT and telecom, manufacturing, and others. The BFSI segment is anticipated to witness significant growth in the forecasted period.
Micro Mobile Data Center Market Share Analysis by Geography
The geographic scope of the micro mobile data center market report is mainly divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South & Central America.
North America has dominated the market. The region has a large number of well-known micro mobile data center providers. In addition, the BFSI and IT and telecom industries are witnessing tremendous growth in the region, fueling the growth of the market. Furthermore, the demand for micro mobile data centers is rising due to its growing adoption among SMEs, further propelling market growth in the region.
Micro Mobile Data Center Market Regional Insights
The regional trends and factors influencing the Micro Mobile Data Center Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Micro Mobile Data Center Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.
- Get the Regional Specific Data for Micro Mobile Data Center Market
Micro Mobile Data Center Market Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 4.45 Billion |
Market Size by 2031 | US$ 20.03 Billion |
Global CAGR (2023 - 2031) | 20.7% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Rack Unit
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Market Players Density: Understanding Its Impact on Business Dynamics
The Micro Mobile Data Center Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.
Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.
Major Companies operating in the Micro Mobile Data Center Market are:
- Canovate
- Dataracks
- Dell Inc.
- Eaton Corporation
- Huawei Technologies Co., Ltd.
- Hewlett Packard Enterprise Development LP
Disclaimer: The companies listed above are not ranked in any particular order.
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Micro Mobile Data Center Market News and Recent Developments
The micro mobile data center market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the micro mobile data center market are listed below:
- Vertiv, a global provider of critical digital infrastructure and continuity solutions, announced the local availability in Africa of the Vertiv SmartCabinet 2, a self-contained micro data center for edge computing applications, including banking and financial institutes, warehousing, education, government, and retail customers. (Source: Vertiv, Press Release, 2023)
- Schneider Electric, the leader in the digital transformation of energy management and automation, announced it has expanded its Micro Data Center solutions portfolio with the introduction of the Easy Micro Data Center Series for standard IT and commercial environments. Easy Micro Data Centers are designed to contain and deliver all compute, storage and necessary infrastructure to support edge computing applications, combining speed, reliability, and affordability. (Source: Schneider Electric, Press Release, 2021)
Micro Mobile Data Center Market Report Coverage and Deliverables
The “Micro Mobile Data Center Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Micro mobile data center market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Micro mobile data center market trends as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Micro mobile data center market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the micro mobile data center market
- Detailed company profiles
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Global, Regional, Country
- Industry and Competitive Landscape
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Rack Unit ; Application ; Enterprise Size ; Industry Vertical and Geography
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
The global micro mobile data center market is estimated to register a CAGR of 20.7% during the forecast period 2023–2031.
The global micro mobile data center market is expected to reach US$ 20.03 billion by 2031.
Increasing demand for micro mobile data centers in the e-commerce industry to play a significant role in the global micro mobile data center market in the coming years.
The key players holding majority shares in the global micro mobile data center market are Canovate, Dataracks, Dell Inc., Eaton Corporation, Huawei Technologies Co., Ltd., Hewlett Packard Enterprise Development LP, Panduit, Rittal GmbH and Co. KG, Zella DC, and Schneider Electric.
North America dominated the micro mobile data center market in 2023.
Increasing number of connected devices is the major factors that propel the global micro mobile data center market.