According to a new report, published by KBV research, The Global Modular Data Center Market size is expected to reach $78.43 billion by 2031, rising at a market growth of 17.0% CAGR during the forecast period.
The Solutions segment is experiencing a CAGR of 16.3 % during the forecast period. This segment drives market dominance due to the increasing demand for scalable, energy-efficient, cost-effective modular data center infrastructures. Businesses prioritize solutions that allow rapid deployment, flexible configurations, and reduced downtime, catering to the rising data storage and processing needs across industries like IT, BFSI, and telecom.
The Large Enterprises segment led the maximum revenue in the Global Modular Data Center Market by Organization Size in 2023, thereby, achieving a market value of $48.6 billion by 2031. The large enterprises segment is driven by the need for scalable and high-capacity modular data centers capable of managing massive data volumes and complex IT workloads. These enterprises require advanced solutions to support their global operations, ensure uninterrupted performance, and comply with stringent regulatory standards.
The IT & Telecom segment is growing at a CAGR of 15.1 % during the forecast period. This segment is driven by the rapid proliferation of data-intensive applications such as cloud computing, 5G networks, and IoT technologies. As data traffic grows exponentially, this segment requires modular data centers that offer high scalability, robust performance, and energy efficiency.
Full Report: https://www.kbvresearch.com/modular-data-center-market/
The North America region dominated the Global Modular Data Center Market by Region in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $28,772.3 million by 2031. The Europe region is anticipated to grow at a CAGR of 16.6% during (2024 - 2031). Additionally, The Asia Pacific region would witness a CAGR of 17.9% during (2024 - 2031).
By Component
By Organization Size
By Industry Vertical