The North America Micro Mobile Data Center Market would witness market growth of 16.7% CAGR during the forecast period (2022-2028).
Numerous business operations and procedures have been enhanced by technology, and innovative implementations of the technology are projected to have decisive implications for existing firms. The Data Localization Laws Act has a substantial impact on the expansion of the entire data center business.
In relation to the rapidly increasing e-commerce business, the government's increased emphasis on the digital economy, the widespread use of social media and smartphones, and the rise in technology-driven start-ups have led to an exponential increase in data usage and storage. It is anticipated that the demand for data center space would increase due to the aforementioned considerations.
In addition, the proliferation of cloud service providers all over the world is accelerating storage consumption. The increasing prevalence of connected devices and the ease of internet access, along with the declining cost of internet services, have resulted in an increase in demand for data storage. This is as a result of the growing need for big data analytics along with cloud-based services, such as online content such as movies, apps, videos, and social media.
This region is rapidly adopting the newest and most advanced technologies. In 2020, the Canadian ICT industry was estimated to import $33.7 billion worth of goods and export $10 billion, according to the International Trade Administration. The United States is the second-largest supplier of ICT goods to Canada. In addition, the United States is the main market for Canadian ICT exports, with $6.7 billion scheduled to be shipped there in 2020.
The US market dominated the North America Micro Mobile Data Center Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $3,395.7 Million by 2028. The Canada market is anticipated to grow at a CAGR of 19.4% during (2022 - 2028). Additionally, The Mexico market would exhibit a CAGR of 18.3% during (2022 - 2028).
Based on Vertical, the market is segmented into Government & Defense, IT & Telecom, Oil & Gas, BFSI, Manufacturing, and Others. Based on Type, the market is segmented into 40-60 RU, 20-40 RU, and Up to 20 RU. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Micro Mobile Data Center Market is Estimated to reach $12.6 Billion by 2028, at a CAGR of 18%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Hewlett-Packard Enterprise Company, Schneider Electric SE, Dell Technologies, Inc., Eaton Corporation PLC, IBM Corporation, Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.), Delta Electronics, Inc., Vertiv Holdings Co., Rittal GmbH & Co. KG (Friedhelm Loh Group), and Zella DC.
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