Micro data Center Market Size, Segmentation To 2022: Grand View Research, Inc.

The global micro data center market is expected to witness significant growth over the forecast period owing to its cost-effectiveness in streamlining business function as compared to traditional data center services. Advancement in Very Large Scale Integration (VLSI) technology has increased the capabilities of micro data center solutions, enabling the provision of greater storage capabilities and data-sharing over internet connectivity. The growing penetration of cloud-based services among businesses is anticipated to boost micro data center market growth over the forecast period. Features such as emergency backup, energy savings, scalable solutions, and low infrastructure costs are expected to drive market growth over the coming years. However, lack of awareness regarding the technology may restrain market growth. Just-in-time deployment of micro data center can be made possible due to the portability & modularity of design, which is expected to offer substantial growth opportunity for the market.

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Micro data center may be deployed in Banking, Financial Services and Insurance (BFSI), IT & telecommunication, public sector, military & defense, and oil & gas industries. Among these, IT & telecommunication applications are expected to witness significant growth owing to high year-on-year growth rates of data center and capacity retrofits. Micro data centers are used for mobile computing, instant data center retrofit, high density networking, disaster recovery, and remote office support. Disaster recovery is anticipated to serve as key end-use segment due to its high demand in IT & telecommunication industries. The micro data center market can be segmented as per rack sizes, which include 5-25 rack units, 51-100 rack units, and 26-50 rack units. The market is segmented according to organization size, which includes small businesses, medium businesses, and enterprises.

The micro data center market in North America is expected to hold an attractive share in the global market owing to rapid pace of technology adoption and innovations in region. The Asia Pacific market is anticipated to witness strong growth due to rising number of data center retrofits in the region. Key players in the micro data center market include Dell Inc., Sling Media, Canovate Group, Panduit Corp., Huawei, Zellabox, Wave-2-Wave Solution Corporation, Elliptical Mobile Solutions, SGI, Rittal, IOGear, Dane-Elec Memory Corp., NetGear, and Silicondust.

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About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

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