The global mini data center market is expected to value at US$ 15058.6 million by 2033, up from US$ 4848.4 million in 2023, with a CAGR of 12% over the forecast period.
Artificial intelligence (AI), the Internet of Things (IoT), and 5G have increased the market share of microdata Centers. Enterprises utilize small data Centers to manage massive amounts of data and provide low-latency solutions to end customers.
The networking components needed to run both indoor and external programs in a safe computing environment drive up the demand for a mini data center. Also, the mini data center industry trends show that the demand for edge computing is increasing.
The utility of data centers in disaster-prone areas and remote places for temporary deployments drives mini data center sales. Moreover, mini data center sales are driven by the requirement for standardized infrastructure for organizations.
Mini data centers are becoming popular owing to their low cost and portability, as well as the increasing demand for edge computing. Owing to their flexibility and compact size, mini data centers are gaining market penetration.
Mini data centers are in high demand because they can organize and manage data for companies at a low cost and in small places. Moreover, plug-and-play centers’ fully integrated and pre-tested solutions accelerate the mini data center market share.
Businesses are becoming centralized, and the current technological landscape is fueling the expansion of the mini data center market.
Key Takeaways:
The Mini Data Center Market Report highlights significant growth trends over the last five years, with a notable expansion at a Compound Annual Growth Rate (CAGR) of 11%. Forecasts suggest a promising trajectory for sales in India between 2023 and 2033, projected to surge at an impressive 11.4% CAGR. North America asserts its dominance, commanding a formidable 30% market share in the micro data center segment, while Europe follows closely behind with a substantial 23% share in the small data center market. The United States, a pivotal player in this landscape, is anticipated to witness remarkable growth between 2023 and 2033, with an anticipated CAGR of 12.2%, further solidifying its position as a key market driver.
Competitive Landscape:
Mini data center providers are developing tactics such as product innovation to address the increased demand. Moreover, companies are implementing technological specialists to achieve a competitive edge.
In February 2022, AWS deployed 32 new Local Zones mini data Centers. AWS Local Zones are now available in over 30 new locations around the world, providing businesses with a powerful new capability to utilize cloud-based offerings within a few moments of hundreds of millions of users globally.
In April 2023, AT&T partnered with Dell Technologies and VMware to create an enterprise-focused 5G mobile edge compute (MEC) system capable of providing on-premises personal wireless services. The combination is the ecosystem’s most recent attempt to jumpstart the gradually increasing private network space.
Valuable Insights:
Future Market Insights, in its new offering, presents an unbiased analysis of the global mini data center market presenting a historical analysis from 2018 to 2022 and forecast statistics between 2023 and 2033.
The study reveals essential insights by Deployment (New Project, Up-gradation), Industry (BFSI, Telecom and IT, Government and Public, Healthcare, Energy and Power, Education, Other Industries), End Use (Small and Medium Enterprise, Large Enterprise), and Region.
Leading Key Players:
Huawei Technologies Co., Ltd., Rahi Systems, Canon Technologies Ltd, Dell, Minkels, Canovate Group, Eaton Corporation Plc., Hewlett Packard Enterprise Co., Inspur Group, Legrand S.A., Rittal GmbH & Co. KG, Scale Matrix Holding Inc., Schneider Electric SE, Vertiv Group Corp., Schneider Electric, Dell Technologies, IBM, Panduit, STULZ, Delta Electronics, Zella DC, ScaleMatrix, Canovate, DataRacks, Altron, KSTAR, SICON, Hanley Energy, Axellio, EdgeMicro, MetroEDGE, Vapor IO, EdgePresence, Edgemicro, NVIDIA Corporation, Smart Edge Data Centers Limited, Panduit Corporation, Attom Technology, Hanley Energy, etc.
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