A new research report is predicting that the global modular data center market will grow from $6.52 billion in 2014 to $26.02 billion by 2019.
This growth will be at a compound annual growth rate of 31.9 percent and will be driven by organizations that are dealing with large amount of data and want solutions to optimize their Power Usage Effectiveness (PUE).
Today’s modular data center is ideal for data center operators that leverage it to re-engineer and construct flexible and energy efficient data centers.
Features offered by modular data center solutions include quick setup and installation of data storage space, standardized components, pre-designed power and optimized PUE.
According to the study, data center operators that use modular architecture have reduced both capital expenditure and operational expenditure. The architecture also enables organizations to add data storage capacity as per their requirements.
This modular data center market research report, projecting the years 2014-2019, indicates that educational institutions, government and various other verticals will adopt modular data center solutions in near future.
These solutions will also be adopted by banking, financial services and the insurance sector as the solutions not only reduce the cost associated with the data centers but also help in quick deployment.
Modular data center solutions are a much cheaper data center option for educational institutions that are increasingly adopting the latest technologies and are generating heavy amounts of data. As well, government agencies in both developing and developed countries look toward modular data center to improve their IT efficiency while controlling associated costs.
Finally, telecom and IT organizations are using modular data center solutions to avoid surging utility bills, optimize PUE and deploy flexible data centers.
A recent survey from TCL Communications suggests that telecoms are migrating to modular data centers
and cloud services.
Edited by Rory J. Thompson