Edge Computing Application among Drivers of Multi-billion Dollar Increase in Global Modular Data Center Market

Edge Computing Application among Drivers of Multi-billion Dollar Increase in Global Modular Data Center Market

PR Newswire

SANTA CLARA, California, June 23, 2020

Asia-Pacific expected to be the fastest-growing market while North America and Europe poised to be the biggest markets, finds Frost & Sullivan

SANTA CLARA, California, June 23, 2020 /PRNewswire/ -- Frost & Sullivan's recent analysis, Global Modular Data Centers Market, Forecast to 2025, finds that the market is poised for tremendous growth with immense potential for expansion. Despite the impact of COVID-19, the market is estimated to witness nearly a three-fold growth, reaching $14.08 billion by 2025 from $4.81 billion in 2019, increasing at a compound annual growth rate (CAGR) of 19.5%.

For further information on this analysis, please visit: http://frost.ly/46c

"Although starter data centers were the biggest revenue contributors in 2019, edge computing application will drive high growth as it is expected to be the fastest-growing application type throughout the forecast period," said Gautham Gnanajothi, Energy and Environment Research Analyst at Frost & Sullivan. "Additionally, disaster recovery and data center augmentation applications will play a crucial role to steer the overall market toward a growth stage at a rapid pace."

Gnanajothi added: "With a combined market share of 59%, North America and Europe are the biggest markets, whereas Asia-Pacific (APAC) is expected to be the fastest-growing market. Further, from the end-user vertical perspective, IT will be the biggest revenue contributor for the modular data centers market followed by the telecom sector."

To tap into growth opportunities created by the lucrative global modular data centers market, market participants should adopt an innovative approach, especially with the advent of 5G and edge computing. They should:

Global Modular Data Centers Market, Forecast to 2025 is the latest addition to Frost & Sullivan's Energy and Environment research and analyses available through the Frost & Sullivan Leadership Council, which helps organizations identify a continuous flow of growth opportunities to succeed in an unpredictable future.

About Frost & Sullivan
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Global Modular Data Centers Market, Forecast to 2025
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Media Contact:
Jaylon Brinkley
Corporate Communications
T: 210.247.2481
E: jaylon.brinkley@frost.com

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