Number crunchers at Transparency Market Research (TMR) have worked out that the global micro data centre market is to be largely consolidated with the presence of a few dominant companies.
The report suggests that any competition between those that remain will be cut throat.
As regional and global players strive to rake in more revenue, they embark upon joint ventures, mergers and acquisitions, and partnerships to expand their global footprint. Besides this, these companies are also striving to enhance their capabilities by developing cloud based micro data centre in order to serve a wide range of end use industries.
Key companies in the global micro data center market include Eaton, Hitachi, Panduit, Zellabox Dataracks, Hewlett Packard Enterprise Development, Instant Data Centers, Huawei Technologies, Rittal, and Schneider Electric .
TMR says the global micro data centre market is expected to clock an impressive 21.1 percent during the 2017-2025 forecast period. At this pace, the market’s valuation of US $3,208.9 million 2016 will become US $14,813.2 million by the end of 2025. Among the key segments based on rack size, more than 40 U segment held the leading 54 percent market share in 2016. Geography-wise, in 2016, North America stood as the leading regional market accounting for 43.2 percent revenue contribution to the overall market.
Benefits over Traditional Facilities for Simplifying Workload Boosts Adoption
The changing enterprise data centre needs for design and capacity specifications is primarily driving the micro data centre market. Large number of enterprises are adopting micro data centers to store critical data either on premise or in remote locations.
Micro data centres are increasingly being adopted by smaller businesses and large enterprises to simplify workloads that traditional facilities are unable to handle. As a result, companies are moving from local infrastructure to automated micro data centres for information storage. Micro data centres are scalable, self-contained, customizable, self-managed, and cost effective. As server rooms have constraints of being space-intensive, inflexible, and expensive, several companies are shifting towards micro data centres that are easy to install.
Physical Attributes of Micro Data Centre Fuels Demand
Micro data centres are portable and occupy very small spaces in comparison to traditional data centres. However, they are equipped with various components of traditional data centres which include in-built cooling systems, security systems, telecommunication and storage systems, fire suppression systems, monitoring systems, and uninterruptible power supplys (UPS). The various components of micro data centres are placed in a solid rack and can be easily installed in poorly accessible areas as well. Other features include integrated remote management for temperature, humidity, and power combined with remote monitoring and security. These factors have led to an increase in demand.
Further, the growing demand for edge computing to reduce latency among IoT and enterprises is expected to bode well for the global micro data centre market.