+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Micro Data Center Market Report: Trends, Forecast and Competitive Analysis to 2030

  • PDF Icon

    Report

  • 150 Pages
  • September 2024
  • Region: Global
  • Lucintel
  • ID: 5910031
The future of the global micro data center market looks promising with opportunities in the BFSI, colocation, energy, government, healthcare, industrial, and IT & telecom markets. The global micro data center market is expected to reach an estimated $8.9 billion by 2030 with a CAGR of 14.5% from 2024 to 2030. The major drivers for this market are increasing adoption of edge computing, growing demand for real-time data processing, and rising need for data sovereignty and compliance.
  • The solution segment will remain the larger segment over the forecast period due to growing demand for micro data center solutions from a variety of industries, including IT and telecom, BFSI, retail, healthcare, manufacturing, and others.
  • North America will remain the largest region over the forecast period.

Emerging Trends in the Micro Data Center Market

As the micro data center market matures, a set of emerging trends is ruling its future. These emerging trends essentially mirror the broader movements toward more agile, efficient, and resilient data infrastructure solutions.
  • Increased Adoption of Edge Computing: Edge computing is one of the major reasons behind the increased utilization of micro data centers, which are deployed at the edge of the networks to reduce latency and increase the speed of processing. Increased demand for real-time processing in autonomous vehicles and smart cities creates this trend.
  • 5G Network Integration: MDCs are being optimized for seamless integration with 5G networks, further extending their high-speed data handling and connected device capabilities. This will enable the delivery of extended support for an expanding ecosystem of IoT devices and applications.
  • Energy Efficiency in the Limelight: Increasing sustainability goals and reduced operation costs place greater emphasis on micro-data centers to be energy-efficient, mainly from innovations in cooling technologies and power management.
  • Modular and Scalable Designs: The trend towards modular and scalable micro data centers allows for flexible expansion and easier upgrades. This adaptability is crucial for businesses to respond to evolving technology and demand without significant infrastructure changes.
  • Enhanced Security Features: With increasing concerns about data security, MDCs are incorporating advanced security measures such as biometric access controls and enhanced encryption. This trend addresses the need for robust protection against cyber threats.
These trends, in summary, force the micro data center market to agile, efficient, and secure solutions that will enable businesses to meet the modern demands for data processing and connectivity.

Recent Developments in the Micro Data Center Market

Recent developments in the micro data center market reflect an efficiency, flexibility, and integration course for emerging technologies that are changing how organizations are deploying and managing their data infrastructure.
  • Increased Focus on Edge Computing: Micro data centers are increasingly being deployed to support the growing initiatives toward edge computing. This development is driven by low-latency processing applications and IoT, hence increasing data processing speed and enriching user experiences further.
  • Growth in Modular Designs: The market is seeing a shift towards modular micro data centers, which offer scalable solutions that can be easily expanded or reconfigured. This flexibility is ideal for businesses that need to adapt to changing technology and demand.
  • Integration with Renewable Energy Sources: Increased integration with renewable energy sources has become of growing emphasis for micro data centers. In fact, this newly formed trend aims to cut down the carbon footprint of data centers and meet the global goals related to sustainability.
  • Improved Cooling Technologies: Improvement in cooling technologies increases the efficiency in micro data centers. Innovations such as liquid cooling and advanced HVAC help in driving better heat management and reducing energy consumption.
  • Expansion in Emerging Markets: The micro data center market is expanding rapidly in emerging markets, driven by increased digitalization and infrastructure development. This expansion is creating new opportunities for growth and innovation in regions with growing data needs.
These developments have transformed the micro data center market and made it more efficient, scalable, and sustainable; hence, MDCs are a must in today's data infrastructure.

Strategic Growth Opportunities for Micro Data Center Market

A set of strategic growth opportunities exist in the micro data center market across various applications. These strategic growth opportunities have gradually evolved due to technological advancement and changing market needs.
  • Edge Computing: With edge computing becoming a widespread technology, micro data centers stand to play an extremely critical role. There comes the opportunity to do more processing at the source and therefore enable the need for real-time data analytics sans the latency issues.
  • 5G Deployment: The deployment of 5G networks has opened up new avenues for micro data centers to support high-speed data transmission and connectivity. MDCs play a crucial role in the management of the resultant load of data inflow from increased transmission and support new applications that have been made possible through the deployment of 5G.
  • Smart Cities: The growth of smart cities is a huge opportunity for micro data centers. The infrastructure required for smart city applications, such as traffic management, energy efficiency, and public safety, find support in MDCs.
  • Remote and Rural Areas: There is a growing need for micro data centers in remote and rural areas to improve connectivity and access to digital services. This opportunity addresses the challenge of providing reliable data infrastructure in underserved regions.
  • Disaster Recovery and Business Continuity: Micro data centers present worthwhile solutions in the areas of disaster recovery and business continuity. The modular and resilient designs of these facilities have so far availed businesses with the ability to operate, thus enabling them to bounce back from these disruptive events with haste.
These emerging growth opportunities continue to drive the micro data center market, as MDCs solve emerging technologies and infrastructure challenges across a wide range of applications.

Micro Data Center Market Drivers and Challenges

Several drivers and challenges influence the micro data center market. Identifying them should be a good enough reason to navigate the changing contours of data infrastructure.

The factors responsible for driving the micro data center market include:

1. Rise of Edge Computing: The growing requirement for edge computing-based solutions is driving the micro data center market. In fact, MDCs will be required to carry out processing closer to the source in order to reduce latency and keep supporting real-time applications.

2. 5G Network Expansion: The expansion of 5G networks is promoting an increase in the demand for micro data centers due to increased data traffic and high-speed connectivity. MDCs are crucial in managing the data load generated from applications enabled by 5G.

3. Sustainability Initiatives: Increased awareness of environmental sustainability encourages the application of energy-efficient micro data centers. Companies want MDC solutions that meet their expectations of sustainability and can reduce carbon emissions.

4. Increased Digitalization: Fast-growing digitalization of industries is encouraging more localized processing. Micro data centers thus provide the required infrastructure to support the ever-increasing number of digital applications and services.

Challenges in the micro data center market are:

1. High Initial Cost: The initial investment in deploying micro data centers remains high. The cost acts as a deterrent for those smaller organizations or organizations with a lesser budget to adopt an MDC solution.

2. Difficulty in Integration: Integrating micro data centers with existing infrastructure can be really complex to work with. Ensuring that such infrastructures are appropriate, functioning smoothly with legacy systems, calls for careful planning and proper execution.

3. Compliance with Regulations: The other challenge which the micro data centers face is compliance with data protection and environmental regulations. Adherence to a number of regulations calls for additional resources and further complicates deployment and operations.

In general, the drivers and challenges of the micro data center market reflect its dynamism. Whereas technological advancement and growing demand for edge computing are some of the major drivers, high cost and some regulatory issues represent some of the serious challenges. Collectively, these factors influence development and adoption in the market.

List of Micro Data Center Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. Through these strategies micro data center companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the micro data center companies profiled in this report include:
  • Schneider Electric
  • Hewlett Packard
  • Rittal
  • Vertiv
  • IBM
  • Eaton
  • Delta Power
  • Canovate
  • ALTRON
  • Cannon

Micro Data Center by Segment

The study includes a forecast for the global micro data center by component, application, and region.

Micro Data Center Market by Component [Analysis by Value from 2018 to 2030]:

  • Solutions
  • Service

Micro Data Center Market by Application [Analysis by Value from 2018 to 2030]:

  • BFSI
  • Colocation
  • Energy
  • Government
  • Healthcare
  • Industrial
  • IT & Telecom
  • Others

Micro Data Center Market by Region [Analysis by Value from 2018 to 2030]:

  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World

Country-wise Outlook for the Micro Data Center Market

The MDC market has undergone significant changes of late, due to an unexpected demand for edge computing and also bringing the process of data processing closer to the end-user. This is indicative of the general trend in decentralization of data infrastructure for facilitating improved performance and reliability across various global regions.
  • US: The country features some of the highest growth rates in micro data centers, powered by demand from edge computing and IoT applications. Several companies are making huge investments in MDCs to reduce latency and further improve network reliability in industries such as telecommunications and financial services.
  • China: With the modern governmental thrust on technological innovation and a recent rollout of 5G, the growth of micro data center markets is pretty fast. Much emphasis is being laid on the integration of MDCs with smart city initiatives and manufacturing sectors for high-density computing needs.
  • Germany: The German MDC market has moved ahead with a view on sustainability and energy efficiency. New regulations are forcing enterprises to enable green data centers, and businesses are increasingly implementing MDC solutions with high levels of environmental standards in improvement of operational resilience.
  • India: Micro data center deployments are on the surge in India, driven by rapid urbanization, as well as efforts towards digital transformation. MDCs are deployed in remote areas for making communications better and to support the demand for local data processing that is expected to grow.
  • Japan: The micro data center market is developing in Japan to put more concentration on disaster recovery and business continuity. The country is highly concerned about resiliency after facing a series of natural disasters; hence, any investment in MDC will be one that can offer strong, localized infrastructure solutions.

Features of the Global Micro Data Center Market

  • Market Size Estimates: Micro data center market size estimation in terms of value ($B).
  • Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
  • Segmentation Analysis: Micro data center market size by component, application, and region in terms of value ($B).
  • Regional Analysis: Micro data center market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
  • Growth Opportunities: Analysis of growth opportunities in different component, application, and regions for the micro data center market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape of the micro data center market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.


This product will be delivered within 1-3 business days.

Table of Contents

1. Executive Summary
2. Global Micro Data Center Market: Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Micro Data Center Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Micro Data Center Market by Component
3.3.1: Solutions
3.3.2: Service
3.4: Global Micro Data Center Market by Application
3.4.1: BFSI
3.4.2: Colocation
3.4.3: Energy
3.4.4: Government
3.4.5: Healthcare
3.4.6: Industrial
3.4.7: IT & Telecom
3.4.8: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Micro Data Center Market by Region
4.2: North American Micro Data Center Market
4.2.1: North American Micro Data Center Market by Component: Solutions and Service
4.2.2: North American Micro Data Center Market by Application: BFSI, Colocation, Energy, Government, Healthcare, Industrial, IT & Telecom, and Others
4.3: European Micro Data Center Market
4.3.1: European Micro Data Center Market by Component: Solutions and Service
4.3.2: European Micro Data Center Market by Application: BFSI, Colocation, Energy, Government, Healthcare, Industrial, IT & Telecom, and Others
4.4: APAC Micro Data Center Market
4.4.1: APAC Micro Data Center Market by Component: Solutions and Service
4.4.2: APAC Micro Data Center Market by Application: BFSI, Colocation, Energy, Government, Healthcare, Industrial, IT & Telecom, and Others
4.5: RoW Micro Data Center Market
4.5.1: RoW Micro Data Center Market by Component: Solutions and Service
4.5.2: RoW Micro Data Center Market by Application: BFSI, Colocation, Energy, Government, Healthcare, Industrial, IT & Telecom, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Micro Data Center Market by Component
6.1.2: Growth Opportunities for the Global Micro Data Center Market by Application
6.1.3: Growth Opportunities for the Global Micro Data Center Market by Region
6.2: Emerging Trends in the Global Micro Data Center Market
6.3: Strategic Analysis
6.3.1: New Product Developments
6.3.2: Capacity Expansion of the Global Micro Data Center Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Micro Data Center Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Schneider Electric
7.2: Hewlett Packard
7.3: Rittal
7.4: Vertiv
7.5: IBM
7.6: Eaton
7.7: Delta Power
7.8: Canovate
7.9: ALTRON
7.10: Cannon

Companies Mentioned

  • Schneider Electric
  • Hewlett Packard
  • Rittal
  • Vertiv
  • IBM
  • Eaton
  • Delta Power
  • Canovate
  • ALTRON
  • Cannon

Methodology

The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:

  • In-depth interviews of the major players in the market
  • Detailed secondary research from competitors’ financial statements and published data
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.

Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.

Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.

 

Loading
LOADING...