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The global micro data center market is expected to hit revenues of US$ 33.4 billion by 2030, with an annual growth rate of more than 21.0%, primarily driven by significant growth as edge computing and cloud computing gain traction.

Wilmington, Delaware, Nov. 16, 2023 (GLOBE NEWSWIRE) -- Global Micro Data Center Market is valued at US$ 8.8 billion in 2023 and is expected to grow at a significant CAGR of over 21.0% over the forecast period of 2023-2030, according to the published market report by RationalStat

Market Definition, Market Scope, and Report Overview

Micro data centers are redefining data processing and storage methodologies. Traditionally, telecom operators depended on centralized data centers located far from the network edge, resulting in latency difficulties and decreased service efficiency. Micro data centers address these issues by offering localized data processing and storage, lowering latency, and improving overall user experience.

The telecom industry's increased demand for mini data centers is altering the data processing and storage landscape. Micro data centers are becoming crucial components of telecom carriers' infrastructure as they attempt to deliver high-speed, low-latency services in the era of 5G and edge computing.

According to a deep-dive market assessment by RationalStat, the global micro data center market has been analyzed on the basis of market segments, including component, rack unit, end user, application, enterprise size, and geography/regions (including North America, Latin America, Western Europe, Eastern Europe, Middle East & Africa, and Asia Pacific). The report also offers global and regional market sizing for the historical period of 2019-2022 and the forecast period of 2023-2030.

Market intelligence for the global micro data center market covers market sizes on the basis of market value (US$/EUR Million) and volume (Units) by various products/services/equipment, demand assessment across the key regions, customer sentiments, price points, cost structures, margin analysis across the value chain, financial assessments, historical and forecast data, key developments across the industry, import-export data, trade overview, components market by leading companies, etc.

In addition, the long-term sector and products/services 10-year outlook and its implications on the global micro data center market. It also includes the industry's current state Production Levels, Capacity Utilization, Tech quotient, etc. Key information will be manufacturing capacity by country, installed base, import volumes, market size, key players, market size, dynamics, market data, insights, etc.

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Global Micro Data Center Market: Segmental and Market Share Analysis

Report Synopsis

Report Metrics

Details

Base Year

2022

Forecast Period

2023-2030

Base Year Market Size

US$ 8.8 billion

Market Size Forecast

US$ 33.4 billion

Growth Rate

21.0%

Key Market Drivers

Expanding telecommunication industry

Cost-efficiency provided by micro data centers

Micro data centers ability to withstand harsh environment

Companies Profiled

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Competition Analysis and Market Structure

These players adopt various strategies in order to reinforce their market share and gain a competitive edge over other competitors in the market. Mergers & acquisitions, partnerships and collaborations, and product launches are some of the strategies followed by industry players.Some of the key developments in the global micro data center market include,

Some of the prominent players and suppliers operating and contributing significantly to the global micro data center market growth include Edgemicro, EdgePresence, NVIDIA Corporation, Smart Edge Data Centers Limited, Eaton Corporation, Hewlett Packard Enterprise, Huawei Technologies, IBM Corporation, Panduit Corporation, Rittal GmbH & Co Kg, Schneider Electric SE, Vertiv Co, and Attom Technology, among others.

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RationalStat has segmented the global micro data center market based on component, rack unit, end user, application, enterprise size, and region

Global Micro Data Center Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Component

Global Micro Data Center Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Rack Unit

Upto 24U

24U to 40U

More than 40U

Global Micro Data Center Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by End User

BFSI

IT & Telecom

Energy

Colocation

Energy

Government

Healthcare

Industrial

Others

Global Micro Data Center Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Application

Mobile Computing

Remote Office Support

High Density Networks

Disaster Recovery

Others

Global Micro Data Center Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Enterprise Size

Global Micro Data Center Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Region

North America Micro Data Center Market

Latin America Micro Data Center Market

Brazil

Mexico

Rest of Latin America

Western Europe Micro Data Center Market

Germany

UK

France

Spain

Italy

Benelux

Nordic

Rest of Western Europe

Eastern Europe Micro Data Center Market

Russia

Poland

Hungary

Other CIS Countries

Rest of Eastern Europe

Asia Pacific Micro Data Center Market

China

Japan

India

South Korea

Australia

ASEAN

Indonesia

Thailand

Philippines

Vietnam

Malaysia

Rest of ASEAN

Rest of Asia Pacific

Middle East & Africa Micro Data Center Market

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Key Questions Answered in the Micro Data Center Report:

What will be the market value of the global micro data center market by 2030?

What is the market size of the global micro data center market?

What are the market drivers of the global micro data center market?

What are the key trends in the global micro data center market?

Excerpt from:
Micro Data Centers Market to Reach US$ 33.4 Billion by 2030, Driven by Growing Demand for Edge Computing and Cloud-Based Applications | According to...