Dublin, Jan. 29, 2025 (GLOBE NEWSWIRE) -- The "North America Modular Data Center Market Size, Share & Trends Analysis Report By Component, By Organization Size (Large Enterprises, and Small & Medium Enterprises), By Industry Vertical, By Country and Growth Forecast, 2024 - 2031" report has been added to ResearchAndMarkets.com's offering.
The North American Modular Data Center Market is expected to witness market growth of 16.2% CAGR during the forecast period 2024-2031.
The US market dominated the North American Modular Data Center Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $20.65 billion by 2031. The Canadian market is experiencing a CAGR of 18.6% during 2024-2031. Additionally, Mexico's market is expected to exhibit a CAGR of 17.7% during 2024-2031.
The modular data center is a prefabricated, scalable, and portable facility designed to house and manage IT infrastructure, including servers, storage devices, networking equipment, and cooling systems. Unlike traditional data centers, built on-site and involve significant construction time, these centers are constructed in factory-controlled environments and delivered to the deployment site as ready-to-use units. This approach allows for faster deployment, lower costs, and greater flexibility.
The unprecedented surge in data traffic is at the heart of these data center's rise. The proliferation of Internet of Things (IoT) devices, cloud computing, artificial intelligence, and big data analytics has generated immense data volumes requiring sophisticated management and storage solutions. The growing number of connected devices - from smart home systems to industrial IoT sensors - demands localized data processing to reduce latency and enhance real-time decision-making.
Mexico's modular data center market is growing steadily, fueled by increased investment in telecommunications infrastructure and the expansion of cloud services in the country. The government's "Programa de Conectividad Digital" initiative focuses on expanding broadband access, which is expected to boost data consumption and storage requirements, indirectly driving the need for these data centers. Additionally, the rise of nearshoring trends has encouraged multinational corporations to establish local IT infrastructure, with these data centers emerging as a cost-effective and scalable option. Therefore, as a whole, this market in North America is shaped by the interplay of diverse factors such as technological advancements, increasing data consumption, and supportive government policies.
Key Companies Profiled
- ABB Group
- Schneider Electric
- Eaton
- Huawei Technologies
- Johnson Controls International
- Delta Electronics
- Altron
- Vertiv Group
- Hubbell
- Hewlett Packard Enterprise
Key Topics Covered:
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
3.1 Introduction
3.2 Key Factors Impacting the Market
Chapter 4. Competition Analysis - Global
4.1 The Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Geographical Expansion
4.3 Market Share Analysis, 2023
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
4.4.2 Key Strategic Move: (Product Launches and Product Expansions: 2020, Mar - 2024, Nov) Leading Players
4.5 Porter Five Forces Analysis
Chapter 5. North America Modular Data Center Market by Component
5.1 North America Solutions Market by Region
5.2 North America Modular Data Center Market by Solutions Type
5.2.1 North America All-in-one Modules Market by Country
5.2.2 North America Individual Modules Market by Country
5.2.3 North America Modular Data Center Market by Individual Modules Type
5.2.3.1 North America IT Modules Market by Country
5.2.3.2 North America Power Market by Country
5.2.3.3 North America Cooling Market by Country
5.3 North America Services Market by Region
5.4 North America Modular Data Center Market by Services Type
5.4.1 North America Integration & Deployment Market by Country
5.4.2 North America Design & Consulting Market by Country
5.4.3 North America Maintenance & support Market by Country
Chapter 6. North America Modular Data Center Market by Organization Size
6.1 North America Large Enterprises Market by Country
6.2 North America Small & Medium Enterprises Market by Country
Chapter 7. North America Modular Data Center Market by Industry Vertical
7.1 North America IT & Telecom Market by Country
7.2 North America BFSI Market by Country
7.3 North America Healthcare Market by Country
7.4 North America Government & Defense Market by Country
7.5 North America Media & Entertainment Market by Country
7.6 North America Retail Market by Country
7.7 North America Other Industry Vertical Market by Country
Chapter 8. North America Modular Data Center Market by Country
8.1 US Modular Data Center Market
8.2 Canada Modular Data Center Market
8.3 Mexico Modular Data Center Market
8.4 Rest of North America Modular Data Center Market
Chapter 9. Company Profiles
- ABB Group
- Schneider Electric
- Eaton
- Huawei Technologies
- Johnson Controls International
- Delta Electronics
- Altron
- Vertiv Group
- Hubbell
- Hewlett Packard Enterprise
For more information about this report visit https://www.researchandmarkets.com/r/bjoccu
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