Knowledge Sourcing Intelligence announces the publication of a new report on “Global Prefabricated Modular Data Center Market - Forecasts from 2020 to 2025” to their offering.
The need for minimizing the cost associated with data management and all the associated aspects, reduction of complexities associated with conventional facilities, and particularly swift deployment among others that would result in considerable market growth.
As per the report, the value of the global market pertaining to Prefabricated Modular Data Center in 2019 was estimated at US$2.723 billion.
The global prefabricated modular data center market has undergone quite a few developments which underscore the cognizance of the efficacious and flexible means of utilizing data center space that requires significantly less on-site installation as compared to the data centers that are traditionally built. This is an enticing aspect particularly for emerging economies enabling them to swiftly facilitating new capacity development with better commissioning, system integration, and testing. A select few of these developments are being listed below to provide a panoptic view of the determinant which are in part responsible for substantiating the growth of the market at a considerable CAGR.
January 2021 – Deployment
The Saudi-based telco stc (Tadawul: 7010) had reportedly switched to two Tier III data centers in Saudi Arabia in Al-Madina and in Jeddah followed by the third in Riyadh which is scheduled to be operationalized at undefined. These data centers constituted 150 prefabricated modules which were in the order of a billion Saudi Arabian riyal. Further, it has been communicated that it offers 10.8MW of critical power that can be expanded to 16.8MW. According to the company, this strategic investment is in tandem with Saudi Arabia’s 2030 vision and National Transformation Programme 2020.
August 2020 – Contract
DXN Ltd which specializes in prefabricated modular data centers has reportedly entered into a contract with an Australian Security exchange-listed globally renowned gold mining company Newcrest Mining Limited (ASX: NCM) covering that covers the designing, building, shipment, and installation of a complete prefabricated modular EDGE data center to integrate critical infrastructure for mining requirements of the company’s mining complex in NSW.
May 2020 – Reinforcement of Regional Footprint
Schneider Electric (Euronext: SU) which is a globally renowned energy management firm would reportedly work with Leading Edge Data Centres based out of Sydney on a project which is in the order of $30 million facilitating national digital economy upgrade of Australia and the retention of data in home soil. The former has been said to provide Tier-3-designed, standardized, pre-assembled, and fully integrated data center modules, designed to reinforce Leading Edge’s presence in six sites across New South Wales.
March 2020 – Partnership
A global provider of infrastructure solutions called Vertiv (NYSE: VRT) has announced a partnership with Uptime Institute to launch its prefabricated modular data center solutions that have been qualified as TIER-Ready by the latter. Encompassed within the agreement review of TIER-Ready III design for Vertiv’s SmartMod PFM infrastructure. With 80kW of IT load, this solution comprises up to 10 racks.
February 2020 – Product Launch
FusionDC 2.0 which has been reported to adopt the concept of Digital-Fusion, Component-Fusion, Building-Fusion, and AI-Fusion, manufacture advanced data center facilities was launched by Huawei Technologies Co., Ltd. prefabricated modular technology are integrated by the FusionDC 2.0 effectuating hastening and standardization of data center deployment further leaving ample room for accommodating power density evolution in the coming years.
February 2020 – Business Deal
Business Collaboration Australia (BCA) which is a telecommunications consulting company has struck a business deal with DXN which is in the order of $260,000, whereby BCA would be occupying rack space at the latter’s prefabricated modular data center for an initial 3-years term.
Besides the aforesaid developments, it is important to note that the impact of COBDI 19 has been profound fueling the adoption of video conferencing, virtual connectivity, acceleration of streaming services usage increasing the share of at-home entertainment consumption. Further, this pandemic has somewhat encouraged consumers to cloud services. These are a few pandemics related factors which are expected to augment the swift adoption of prefabricated modular data center resulting in the robust market growth.
As a part of the report, the major players operating in the global prefabricated modular data center market, which have been covered are Cannon Technologies Ltd, Colt Group, Dell, Eltek, Emerson Electric Co., Flexenclosure, Hewlett Packard, Enterprise Development LP, Huawei Technologies Co., Ltd, IBM, Schneider Electric and Vertiv Group Corp.
View a sample of the report or purchase the complete study at https://www.knowledge-sourcing.com/report/global-prefabricated-modular-data-center-market
This report segmented the global prefabricated modular data center market on the basis following terms