CHICAGO, May 22, 2024 /PRNewswire/ -- The market for mini mobile data centres appears to have a bright future due to the emergence of edge computing, the rollout of 5G, and the mass use of IoT devices. The demand for disaster recovery, sustainability, improved security, and AI integration will only grow, necessitating the use of these solutions across a range of sectors and growing markets.
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The Micro Mobile Data Center [https://www.marketsandmarkets.com/Market-Reports/micro-datacenters-market-828.html?utm_source=prnewswire&utm_medium=referral&utm_campaign=paidpr] Market is expected to grow from USD 5.2 billion in 2024 to USD 9.6 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 13.3% during the forecast period, according to a new report by MarketsandMarkets(TM). Micro Mobile Data Centers (MMDCs) are compact, portable solutions that provide essential computing, storage, and networking capabilities in diverse environments. They offer flexibility and scalability, catering to the increasing demand for edge computing and IoT applications. With their modular design and mobility, MMDCs are well-suited for rapid deployment in remote locations or temporary setups, making them integral components of modern IT infrastructure.
Browse in-depth TOC on "Micro Mobile Data Center Market"
280 - Tables
51 - Figures
300 - Pages
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Scope of Report
Report Metrics Details Market Size Available For Years 2019-2029 Base Year Considered 2023 Forecast Period 2024-2029 Forecast Units Value (USD Billion) Segments Covered Offering, Application, Rack Unit, Organization Size, Form Factor, Type, Verticals And Regions Regions Covered North America, Europe, Asia Pacific, Middle East & Africa, and Latin America Companies Covered Schneider Electric (France), HPE(US), Dell(US), Vertiv(US), Huawei(China), Eaton(Ireland), IBM(US), Rittal (Germany), Panduit(US), and Stulz(Germany), Delta Electronics (Taiwan), Zella DC( Australia), ScaleMatrix (US), Canovate (Turkey), Dataracks(UK), Altron (Czech Republic), Canon Technologies (UK), KSTAR (China), Sicon (China), Hanley Energy (Ireland), Portwell(Taiwan), Axellio (US), Vapor IO (US), Vericom (US), and NDC Solutions (US)
By application, the edge computing & IoT deployment segment will hold the largest market size during the forecast period.
With the rise of edge computing, processing is moved closer to the data source, reducing latency and improving efficiency. Edge computing enables real-time data analysis and decision-making, crucial for applications like IoT, where immediate responses are often necessary. Micro mobile data centers provide the infrastructure needed to support IoT deployments by offering computing power and storage capacity close to IoT devices.
Businesses are increasingly adopting edge computing solutions to meet the demands of real-time applications and reduce latency. This demand drives the need for micro mobile data centers that can be quickly deployed at the edge. The IoT market continues to expand across various industries, including manufacturing, healthcare, transportation, and smart cities.
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By region, the Asia Pacific will grow at the highest growth rates during the forecast period.
The Asia Pacific region is experiencing a significant surge in the adoption of micro mobile data centers, driven by several key growth factors. These compact and versatile data centers offer unique advantages that align with the region's dynamic technological landscape and burgeoning digital infrastructure needs. The Asia Pacific region is home to some of the fastest-growing cities globally. Countries like China, India, and Japan heavily invest in smart city projects, which require robust, low-latency data processing capabilities. The deployment of 5G technology is accelerating across the Asia Pacific region. Nations such as South Korea, China, and Japan are at the forefront of 5G implementation. Micromobile data centers support the 5G infrastructure by providing localized data processing, which is essential for minimizing latency and enhancing network performance.
Top Key Companies in Micro Mobile Data Center Market:
Some of the key players operating in the Micro Mobile Data Center Market are - Schneider Electric (France), HPE(US), Dell(US), Vertiv(US), Huawei(China), Eaton(Ireland), IBM(US), Rittal (Germany), Panduit(US), and Stulz(Germany).
Recent Developments:
-- Schneider Electric introduced new model-based, automated sustainability
reporting features within its EcoStruxure IT data center infrastructure
management (DCIM) software. These enhancements offer advanced reporting
capabilities powered by machine learning. Available to all EcoStruxure
IT users, these features simplify reporting of sustainability metrics,
including compliance with regulatory requirements such as the European
Energy Efficiency Directive (EED). The software enables users to measure
and report data center performance based on historical data analysis and
trends, leveraging AI for actionable insights. With a focus on
simplicity and efficiency, the new reporting engine allows for easy
quantification and reporting of crucial sustainability metrics at the
click of a button, empowering organizations to reduce their
environmental impact and meet regulatory obligations.
-- Digital Realty launched Data Hub, featuring HPE GreenLake Colocation on
PlatformDIGITAL. Combining these two solutions on Digital Realty's
global platform creates an ideal meeting place for enterprises to bring
their data together and consume infrastructure on demand, helping unlock
trapped value and drive innovation.
-- Vertiv appointed Multimedia Technology (MMT) as Australia's power,
cooling, and IT infrastructure solutions distributor. This partnership
aims to strengthen MMT's presence in AI-driven digital transformation by
providing access to Vertiv's entire product portfolio. The deal includes
the distribution of Vertiv's self-contained data centers like the
Vertiv(TM) SmartCabinet(TM) 2-M and the recently launched Vertiv(TM)
SmartRow2(TM), tailored for edge computing applications.
-- Eaton acquired Tripp Lite, a significant move that expanded its product
portfolio in the power management sector. With this acquisition, Eaton
gains access to Tripp Lite's offerings, including single-phase
uninterruptible power supply systems, rack power distribution units,
surge protectors, and data center enclosures. The deal, valued at USD
1.65 billion, positions Eaton to deliver a broader range of products to
its partners, enhancing its competitiveness in the market.
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Micro Mobile Data Center Market Advantages:
-- Compact and portable design characterises micro mobile data centres.
They are perfect for disaster recovery, edge computing, and remote or
temporary sites because of their portability, which enables quick
deployment in multiple places.
-- Micro mobile data centres assist lower latency by putting data
processing closer to the devices and end users. This is critical for
applications like augmented reality, driverless cars, and the Internet
of Things that need low latency and real-time data processing.
-- Comparing these data centres to regular data centres reveals cost
reductions. They lessen the requirement for large capital expenditures
for infrastructure and continuous upkeep. Their reduced size also
results in less cooling and electricity needs.
-- Scalable solutions that are easily expandable or upgraded as needed are
offered by micro mobile data centres. By starting small and scaling up
based on demand, organisations can minimise upfront expenses.
-- Micro mobile data centres may be quickly and easily deployed because to
their modular construction. This is especially advantageous for
companies that need to quickly set up data centre capabilities, like in
new markets or during disaster recovery operations.
-- Sensitive data can be safeguarded with sophisticated security safeguards
installed in micro mobile data centres. Because of their isolation,
there is a lower chance of significant cyberattacks, and strong physical
and cybersecurity defences may be put in place.
-- The integrated cooling and power systems used in these data centres
guarantee the ideal environmental conditions for hardware operation.
Because of its independence, it requires less space on the site and
depends less on outside infrastructure.
-- Micro mobile data centres are essential to the rise in popularity of
edge computing because they offer local processing capability near the
point of data generation. At the network's edge, this facilitates
real-time analytics and decision-making.
-- Micro mobile data centres can be swiftly deployed to restore vital IT
services in the case of a natural disaster or other emergencies. Because
of their mobility, businesses may continue operating with little
interruption.
Report Objectives
-- To define, describe, and forecast the Micro Mobile Data Center Market
based on offering (solutions, services), rack unit, applications, form
factor, type, organization size, vertical, and region
-- To provide detailed information about the major factors (drivers,
opportunities, restraints, and challenges) influencing the growth of the
market
-- To analyze the opportunities in the market for stakeholders by
identifying the high-growth segments of the market
-- To forecast the market size concerning five main regions-North America,
Europe, Asia Pacific, the Middle East & Africa, and Latin America
-- To analyze the subsegments of the market concerning individual growth
trends, prospects, and contributions to the overall market
-- To profile the key players of the market and comprehensively analyze
their market size and core competencies
-- To track and analyze the competitive developments, such as product
enhancements, product launches, acquisitions, partnerships, and
collaborations, in the Micro Mobile Data Center Market globally
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