Micro Data Center Market Outlook, Growth Factors, Industry Share, and Size By 2032
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Micro Data Center Market
Outlook, Growth Factors, Industry Share, Size By 2032 The micro data center market provides a self-contained unit with management and monitoring software, an uninterruptible power supply (UPS), power and cooling systems, and a rack to house all essential IT components. Organizations can enhance the speed of deployment, minimize capital expenditure, and decrease physical space and energy consumption by employing micro data centers. The growing acceptance of edge computing, which involves processing data near its origin, has driven the need for microdata centers. The data centers' modular design enables simple scalability by adding or removing modules in response to evolving demands, providing a development opportunity for the micro data center market. Furthermore, the increasing demand for expedited data storage and processing access would also propel the market's expansion.
According to Straits Research, the global micro data center market size was valued at USD 5.8 billion in 2023 and is projected to reach USD 28.5 billion by 2032, registering a CAGR of 19.5% during the forecast period (2024-2032).
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Micro Data Center Market $28.5
CAGR 19.5%
USD Billion
$5.8
USD Billion
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2023
2032
Micro Data Center Market Main Market Players Covered in This Report: ü Schneider Electric ü Rittal GmbH & Co. KG ü IBM Corporation ü Hewlett Packard Enterprise Development LP
A Summary of the Impact of COVID19 on this Market: The appearance of COVID-19 has transported the globe to a halt. We understand that this health disaster has brought an unprecedented impact on businesses across industries. However, this too
ü Vertiv Group Corp.
shall pass. Growing support from governments
ü Delta Power Solutions
and various companies can benefit in the fight
ü ALTRON
against this highly transmissible disease. There
ü Eaton ü Canovate ü Cannon Technologies Ltd.
are some businesses that are struggling and some are thriving. General, almost every sector is anticipated to be stuck by the pandemic
Micro Data Center Market The Micro Data Center Market has been segmented as below: ü By Rack Unit •
Up to 20 RU
•
20–40 RU
•
Above 40 RU
ü By Applications •
Remote Office and Branch Office
•
Instant Data Center
•
Edge Computing
We are taking nonstop efforts to help your business sustain and cultivate during COVID-19 pandemics. Based on our knowledge and expertise, we will provide you an impact analysis of coronavirus outbreaks across businesses to help you prepare for the future. Thanks for reading this article; you can also get distinct chapter-wise sections or region-wise report versions like Asia, US, Europe, Africa, etc.
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