Artificial Intelligence
Global Modular Data Centers Market is Forecast to Grow $89 billion by 2030, at a CAGR of 22.17% in IT & Telecom Sector
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New York, NY, Feb. 02, 2023 (GLOBE NEWSWIRE) — According to Zion Market Research has published a new research report titled “Modular Data Center Market – By Functional Module Solution(All-in-one functional module, Individual functional module, By Individual functional module), By IT module(Electrical module, Mechanical module), By Service(Consulting, Integration & deployment, Infrastructure Management), By Data Center Size(Mid-Sized Data Centers, Enterprise Data Centers, Large Data Centers), By Tier Type, and By Industry(BFSI, IT and Telecom, Government and Defense, Healthcare, Education, Retail, Energy, Manufacturing, Others (Media and Entertainment, and transportation and logistics)): Global Industry Perspective, Comprehensive Analysis And Forecast, 2020 – 2026” in its research database.
“According to the latest research study, the demand of global Modular Data Center Market size & share in terms of revenue was valued at USD 21.9 billion in 2021 and it is expected to surpass around USD 89 billion mark by 2030, growing at a compound annual growth rate (CAGR) of approximately 22.17% during the forecast period 2022 to 2030.”
What are Modular Data Center? How big is the Modular Data Center Industry?
Modular Data Center Report Coverage & Overview:
A modular data center is a pre-fabricated and standardized data center solution that can be quickly deployed and easily expanded as needed. Modular data centers are designed to offer a flexible and efficient alternative to traditional data center designs, with the aim of reducing deployment time, increasing scalability, and improving energy efficiency.
Modular data centers are made up of individual modules or containers, which can be stacked to create a larger data center. The modules can be shipped to the site pre-assembled, which reduces the time required for on-site installation. They can also be easily relocated if needed, making them a popular choice for organizations that require data centers in remote locations or that need to quickly respond to changes in demand.
The modular data center market has seen significant growth in recent years, driven by increasing demand for cloud computing, big data, and Internet of Things (IoT) services. The rise of edge computing and the need for data centers in remote locations is also contributing to the growth of the market.
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Global Modular Data Center Market: Growth Dynamics
The modular data center market is expected to grow in the coming years due to increasing demand for energy-efficient and scalable data center solutions. The growth of cloud computing and the Internet of Things (IoT) is driving the demand for modular data centers, as they offer flexible and cost-effective solutions for expanding capacity and improving reliability. Additionally, advancements in modular design and technology are making these data centers more efficient, reliable and easier to manage. The market is also likely to be influenced by factors such as increasing concerns over data privacy and security, and growing demand for sustainable and eco-friendly data center solutions. The growth of edge computing and the need for data centers in remote locations is also contributing to the growth of the market.
However, the market also faces challenges such as limited standardization, integration issues, and the need for specialized technical expertise. The market is highly competitive, with a large number of vendors offering modular data center solutions. Some of the key players in the market include Schneider Electric, HPE, Dell Technologies, and Lenovo.
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Report Scope
| Report Attribute | Details |
| Market Size in 2021 | USD 21.9 billion |
| Projected Market Size in 2030 | USD 89 billion |
| CAGR Growth Rate | 22.17% CAGR |
| Base Year | 2021 |
| Forecast Years | 2022-2030 |
| Key Market Players | Schneider Electric, Hewlett Packard Enterprise (HPE), Dell Technologies, Lenovo, Rittal North America LLC, Compass Datacenters, Bloom Energy, Facebook, Google, Alibaba Group, IBM, Huawei, BladeRoom Data Centres, Eaton Corporation, CommScope, Cannon Technologies Ltd, Flexenclosure AB, Vertiv., BASElayer Technology, LLC. |
| Key Segment | By Functional Module Solution, By IT module, By Service, By Data Center Size, By Tier Type, By Industry, and By Regions |
| Major Regions Covered | North America, Europe, Asia Pacific, Latin America, and the Middle East &, Africa |
| Purchase Options | Request customized purchase options to meet your research needs. Explore purchase options |
Modular Data Center Market: Segmentation Analysis
Component segmentation:
Solutions: This segment includes various modular data center products such as server racks, cooling systems, power distribution units, and backup power systems.
Services: This segment includes various services related to the deployment and maintenance of modular data centers, such as consulting, installation, and support services.
Application segmentation:
IT & Telecom: This segment includes data centers used by telecommunications companies and other IT firms.
Industrial: This segment includes data centers used by various industrial sectors, such as manufacturing, energy, and logistics.
BFSI (Banking, Financial Services, and Insurance): This segment includes data centers used by the banking, financial services, and insurance industries.
Energy: This segment includes data centers used by the energy sector for power generation, distribution, and management.
Healthcare: This segment includes data centers used by the healthcare sector for medical data storage and analysis.
Government & Defense: This segment includes data centers used by government agencies and military organizations for secure data storage and processing.
This segmentation provides a comprehensive overview of the modular data center market, and helps market participants understand the different segments and their respective growth potential.
The global Modular Data Center market is segmented as follows:
By Functional Module Solution:
- All-in-one functional module
- Individual functional module
By Individual functional module
- IT module
- Electrical module
- Mechanical module
By Service:
- Consulting
- Integration & deployment
- Infrastructure Management
By Data Center Size:
- Mid-Sized Data Centers
- Enterprise Data Centers
- Large Data Centers
By Tier Type:
- Tier 1
- Tier 2
- Tier 3
- Tier 4
By Industry:
- BFSI
- IT and Telecom
- Government and Defense
- Healthcare
- Education
- Retail
- Energy
- Manufacturing
- Others (Media and Entertainment, and transportation and logistics)
Browse the full “Modular Data Center Market – By Component (Solutions, Services) Application (IT & Telecom, Industrial, BFSI, Energy, Healthcare, Government & Defence): Global Industry Perspective, Comprehensive Analysis And Forecast, 2020 – 2026” Report at https://www.zionmarketresearch.com/report/modular-data-center-market
Competitive Landscape
Some of the main competitors dominating the global Modular Data Center market include –
- Schneider Electric
- Hewlett Packard Enterprise (HPE)
- Dell Technologies
- Lenovo
- Rittal North America LLC
- Compass Datacenters
- Bloom Energy
- Alibaba Group
- IBM
- Huawei
- BladeRoom Data Centres
- Eaton Corporation
- CommScope
- Cannon Technologies Ltd
- Flexenclosure AB
- Vertiv.
- BASElayer Technology, LLC.
Key Insights from Primary Research:
- According to the analysis shared by our research forecaster, the Modular Data Center market is likely to expand at a CAGR of around 22.17% during the forecast period (2022-2030).
- In terms of revenue, the Modular Data Center market size was valued at around US$ 21.9 billion in 2021 and is projected to reach US$ 89 billion by 2030.
- By Services, the Consulting Segment dominates the modular data center market and to show maximum market share in previous year
- Based on application segmentation, the IT and Telecom was the leading revenue-generating category.
- On the basis of geography/region, the “North America” region was the leading revenue generator in 2021.
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Key questions answered in this report:
- What is the market size and growth rate forecast for Modular Data Center industry?
- What are the main driving factors propelling the Modular Data Center Market forward?
- What are the leading companies in the Modular Data Center Industry?
- What segments does the Modular Data Center Market cover?
- How can I receive a free copy of the Modular Data Center Market sample report and company profiles?
Key Offerings:
- Market Size & Forecast by Revenue | 2022−2030
- Market Dynamics – Leading Trends, Growth Drivers, Restraints, and Investment Opportunities
- Market Segmentation – A detailed analysis By Functional Module Solution, By IT module, By Service, By Data Center Size, By Tier Type, By Industry, and By Regions
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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Regional Analysis:
North America has grabbed the biggest pie of the global market and is expected to maintain the same condition in the years to come. This area is developing, due to the existence of a huge number of data hubs and has seen rapid development due to the accessibility of comprehensive solutions. However, the modular data center market in Asia Pacific are region is predicted to undergo exponential development and expected to be the quickest-developing area in the global market. This is majorly credited to the rising data center traffic in nations such as Japan, China, Australia, South Korea, and Hong Kong.
By Region
- North America
- U.S.
- Canada
- Rest of North America
- Europe
- France
- UK
- Spain
- Germany
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Rest of Asia Pacific
- The Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
Recent Developments
In recent years, the modular data center industry has seen several important developments, including:
Advancements in modular design: Companies are investing in R&D to improve the design of modular data centers and make them more flexible, scalable, and energy-efficient.
Increased adoption by enterprise customers: Modular data centers are increasingly being adopted by enterprise customers for their various data center needs. This has resulted in a significant increase in demand for modular data center solutions.
Emergence of edge computing: The rise of edge computing is leading to an increased demand for modular data centers in remote locations. This is driving the growth of the market for modular data center solutions.
Growth of the containerized data center market: The market for containerized data centers, which are a type of modular data center, is growing rapidly. This is due to the advantages offered by containerized data centers, such as rapid deployment and scalability.
Integration with AI and automation technologies: Companies are increasingly integrating artificial intelligence (AI) and automation technologies into their modular data centers to improve efficiency and reduce costs.
These developments have had a significant impact on the modular data center industry and are expected to continue shaping its future.
To know an additional revised 2022 list of market players, request a brochure of the report: https://www.zionmarketresearch.com/requestbrochure/modular-data-center-market
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DUBAI, UAE, Dec. 9, 2023 /PRNewswire/ — The simplicity and lax requirements of digital nomad visas have made them easily accessible, and countries like Portugal and Spain, which have excellent infrastructure, great internet connection, and an outstanding standard of living, draw in more digital nomads by the day, according to experts at Dubai-headquartered citizenship and residency by investment advisors Savory and Partners.
A recent research quoted by the company estimates that there are 16.9 million digital nomads roaming the globe. This is a whopping 162% increase from 2019, just four years earlier.
As soon as Portugal introduced its digital nomad visa in October of 2022, the applications started pouring in. While the government hasn’t announced the number of applications it has received, Portugal’s Labour Minister did announce that the country approved 550 applications within the first six months.
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Germany also boasts impressive numbers, having issued a total of 3,638 visas in just one year since the introduction of its visa in 2018.
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Not just Europe
“It’s not just Europe but even Barbados’ digital nomad visa, dubbed the Welcome Stamp, has been doing outstandingly well, receiving a total of 3,511 applications between 2020 and 2022”, a digital nomad specialist at Savory & Partners reports.
While digital nomads typically use visa-free access or visas to stay in countries for a few months at a time before moving on to the next, digital nomad visas provide a sense of comfort and stability that aligns perfectly with their lifestyle, giving them ample time to enjoy the country they are in before moving on to the next.
Unsurprising demand
The rapid growth in application numbers and the surging demand for digital nomad visas isn’t surprising. They are extremely simple to apply to, have fast processing times ranging from a few days to a couple of months, and they do not require any business establishment or investment.
Portugal’s digital nomad visa, for example, only requires applicants to prove a monthly income of €3,040 per month, while Spain’s visa has a lower threshold of just €2,160 per month.
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For more information, please send an email to [email protected] can also call +971 04 430 1717 or send a WhatsApp message to +971 54 440 2955.
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Artificial Intelligence
Robotic Lawn Mower Market to Reach $2.4 Billion, by 2032 at 10.9% CAGR: Allied Market Research
The increasing demand for smart appliances for garden maintenance by global consumers, along with the development of IOT enabled features is fueling the growth of the robotic lawn mower market.
WILMINGTON, Del., Dec. 8, 2023 /PRNewswire/ — Allied Market Research published a report, titled, “Robotic Lawn Mower Market by Range (Low-Range Robotic Lawn Mower, Medium-Range Robotic Lawn Mower, and High-Range Robotic Lawn Mower), End User (Residential User and Commercial User), and Distribution Channel (Retail and Online): Opportunity Analysis and Industry Forecast, 2023-2032”. According to the report, the global robotic lawn mower market size was valued at $838.5 million in 2022, and is projected to reach $2.4 billion by 2032, growing at a CAGR of 10.9% from 2023 to 2032.
Request Sample Copy of Report: https://www.alliedmarketresearch.com/request-sample/5117
Prime determinants of growth
The robotic lawn mower market is driven by factors such as increase in demand for automation, rise in advancements for technology, and increase in popularity of online platforms. However, the rise in regular maintenance and repair costs restricts market growth. Moreover, the increase in demand for rental robotic lawn mowers offers new opportunities in the coming years.
Report coverage & details:
Report Coverage
Details
Forecast Period
2023–2032
Base Year
2022
Market Size in 2022
$838.5 million
Market Size in 2032
$2.4 billion
CAGR
10.9 %
No. of Pages in Report
250
Segments covered
Range, End User, Distribution Channel, and Region
Drivers
Increase in demand for automation
Rise in advancements for technology
Reduction in the labor costs
Opportunities
Increase in demand for rental robotic lawn mowers
Growth in the adoption of internet of things
Declining Cost of Batteries/Fuel Cells
Restraints
Less adoption in developing markets
Regular maintenance and repair costs
Procure Complete Report (250 Pages PDF with Insights, Charts, Tables, and Figures): https://www.alliedmarketresearch.com/checkout-final/64e274edbc38210d8eac6958c5995e56
The medium range robotic lawn mower segment to maintain its leadership status throughout the forecast period
Based on range, the medium range robotic lawn mower segment dominated the market in 2022 accounting for more than half of the market share and is expected to dominate the market during the forecast period. This segment is projected to manifest the highest CAGR of 10.4% from 2023 to 2032, owing to the increase in residential and commercial spaces such as buildings, corporate spaces, sports centers, and public parks, which has fueled the requirement for medium range robotic lawn mowers.
The residential segment to maintain its leadership status throughout the forecast period
Based on end user, the residential segment dominated the market in 2022 accounting for less than three-fourths of the market share and is expected to dominate the market during the forecast period. This segment is projected to manifest the highest CAGR of 10.7% from 2023 to 2032, owing to the increase in the demand for low and medium range robotic lawn mowers in the residential sector due to the increased requirement for lawn care and maintenance.
The retail segment to maintain its lead position during the forecast period
On the basis of the distribution channel, the retail segment dominated the market in 2022 accounting for less than half of the market share and is expected to maintain its dominance during the forecast period. The increased demand for ecologically friendly and sustainable robotic lawn mowers, which is being driven by the rising awareness of environmental challenges, is one of the main factors boosting retail sales.
Europe to maintain its dominance by 2032
Based on region, Europe held the highest market share in terms of revenue in 2022, accounting for less than two-fifths of the market share and is expected to maintain its dominance during the forecast period. The growing popularity in artificial intelligence for performing day-to-day activities with higher efficiency is among the primary factors driving the Europe robotic lawn mower market.
Enquire before buying: https://www.alliedmarketresearch.com/purchase-enquiry/5117
Leading Market Players: –
Robert Bosch GmbHHusqvarna ABHonda Motor Co., Ltd.Zucchetti Centro Sistemi S.p.A.Stiga C S.a.r.l.Andreas Holding AG & Co. KGPositec Tool CorporationWiper S.R.L.Suzhou Cleva Electric Appliance Co., Ltd.Stanley Black & Decker, Inc.The report provides a detailed analysis of these key players in the robotic lawn mower market. These players have adopted different strategies such as acquisition, partnerships, and new product launches to increase their market share and maintain dominant shares in the market. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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David Correa1209 Orange Street,Corporation Trust Center,Wilmington, New Castle,Delaware 19801 USA.USA/Canada (Toll Free):+1-800-792-5285UK: +44-845-528-1300Hong Kong: +852-301-84916India (Pune): +91-20-66346060Fax: [email protected]: www.alliedmarketresearch.comAllied Market Research Blog:https://blog.alliedmarketresearch.com/consumer-goods
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LONDON, Dec. 8, 2023 /PRNewswire/ — HH Global has furthered its commitment to environmental transparency by completing a full assessment of the carbon footprint of our business for the fourth year in a row and disclosing our impact through CDP, the world’s leading environmental disclosure platform.
With a record +23,000 companies disclosing through CDP in 2023, HH Global’s data will be added to the most comprehensive inventory of self-reported environmental data in the world – helping to drive action through greater transparency.
CDP is a global non-profit that runs the disclosure platform for companies, cities, states and regions. CDP pioneered using capital markets and corporate procurement to motivate companies to report on their environmental impacts – and to reduce greenhouse gas emissions, safeguard water resources and protect forests. Their aim is to see a thriving economy that works for both people and planet in the long term.
Kevin Dunckley, Chief Sustainability Officer at HH Global commented:”HH Global is proud to have disclosed our environmental data through CDP for the fourth successive year. Tracking progress on reducing emissions is essential if we are to secure a 1.5°C world. Commitment to meaningful and measurable environmental action is more critical than ever and reporting where we are, our goals for a sustainable future and how we are getting there is vital.”
Sherry Madera, Chief Executive Officer at CDP said:
“With over 23,000 businesses disclosing through CDP this year, it is clear that sustainability – and the data that underpins it – is not a ‘nice to have’, but an essential part of long-term success in the business community that is showing no sign of slowing down – nor should it.
“Disclosure works, and today we should take a short pause to celebrate the dedication to transparency and accountability shown by HH Global reporting through CDP this year.
“A 1.5-degree future is still possible if the global community works in lockstep to get there.
“By sharing their environmental data with CDP, HH Global is continuing an environmental journey that will contribute to keeping that future in sight.”
The full list of companies disclosing through CDP can be accessed here: https://www.cdp.net/en/responses.
About HH Global
HH Global is a tech-enabled, creative production and procurement partner that delivers big impact for big ideas across the globe. With +4,500 experts in every market and a thirty-year track record of success, we help the biggest brands on the planet achieve stronger, more sustainable growth. Across every channel. At the speed of modern business. With an unmatched supply chain, a growing suite of tech tools and data insights—we make our clients’ brilliant ideas unmissable everywhere.
About CDP
CDP is a global non-profit that runs the world’s environmental disclosure system for companies, cities, states and regions. Founded in 2000 and working with more than 740 financial institutions with over $137 trillion in assets, CDP pioneered using capital markets and corporate procurement to motivate companies to disclose their environmental impacts, and to reduce greenhouse gas emissions, safeguard water resources and protect forests. Over 25,000 organizations around the world disclosed data through CDP in 2023, with more than 23,000 companies – including listed companies worth two thirds global market capitalization – and over 1,100 cities, states and regions.
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