Latest News- Containerized And Modular Data Center Market: IT and telecommunication is expected to lead the Application segment during 2024-2028

The Containerized And Modular Data Center Market is being driven by Rapid deployment of data centers

The Containerized And Modular Data Center Market is expected to grow at a CAGR of 18.5% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 54.8 billion. A software-defined modular data center is an advanced infrastructure solution that enables businesses to virtualize their hardware components through intelligent software systems. This approach, known as Software-Defined Data Centers (SDDC), offers numerous benefits such as improved efficiency, reduced costs, rapid application deployment, higher availability, and enhanced security. SDDC is comprised of three main components: Software-Defined Networking (SDN), Software-Defined Data Centers (SDC), and Software-Defined Storage (SDS). By adopting SDDC, enterprises can gain greater control over their business-critical operations and optimally manage their data center facilities, particularly in the context of cloud-based infrastructure deployment. This solution supports both legacy applications and cloud computing services, making it a versatile choice for modern businesses. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Application
  • IT and telecommunication
  • BFSI
  • Healthcare
  • Retail and e-commerce
  • Others
• Type
  • Modular data center
  • Containerized data center
• Geography
  • North America
    • US
  • Europe
    • Germany
    • UK
  • APAC
    • China
    • Japan
  • South America
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Rapid deployment of data centers
• Need to reduce complexity of traditional data centers
• Highly suitable data center for supporting disaster recovery, minimizing downtime and data restoring

However, the market also witnesses some limitations, which are as follows:

• Lack of awareness and expertise in operating data center
• Facility data center design constraints
• Less secure data centers compared with traditional facilities

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Market Scope in Containerized And Modular Data Center Market Research Report

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Research Analysis Overview

The Containerized and Modular Data Center Market is experiencing significant growth due to the adoption of technologies like Software Defined Networking (SDN) and Network Function Virtualization (NFV). Edge Computing, IoT, AI, ML, Big Data Analytics, Cloud Native Applications, Agile Development, Hybrid Cloud, Data Center Interconnection, and Data Center Connectivity are key drivers. Data Center Bandwidth, Latency, Reliability, Availability, Migration, Modernization, Certifications, Governance, Operations, Staffing, and Training are critical factors influencing market expansion.

Market Research Overview

The Containerized and Modular Data Center market is a significant segment of the global Internet Services and Infrastructure market, which encompasses companies providing data center infrastructure solutions, such as Modular Data Centers, Containerized Data Centers, Pre-Fabricated Data Centers, Micro Data Centers, Edge Data Centers, Hyperscale Data Centers, and Cloud Computing services. These companies offer consulting and integration, application services, and infrastructure services, including data center design, construction, and operation. Technavio's market analysis calculates the market size based on the combined revenue generated by these companies, providing comprehensive coverage of the industry's growth and trends.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
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