Containerized Data Center Market Trends

Growth Drivers

• Growth in Remodeling of Data Centers The equipment used in data centers is dominated by harsh environments. Therefore, the want for upgrading is rising. In an effort to improve the overall reliability of data center service, increase the quantity of space, and power available, and update equipment to handle the workload of IT necessity, data center renovations are carried out.
• Rise in the Demand for Digital Transaction Globally, about two-thirds of adults carry out digital payments. In developing countries, the share of the population focusing more on digital payment was 57% in 2021 which was highest than 47% in 2014. As a result, the need for technologically enhanced data centers are on the rise since digital transaction creates a large amount of data.
• Surge in Spending on the Data Centers Companies have grown more engaged in assisting organizations with the development of cloud and data related technologies. Numerous businesses, particularly internet behemoth, is boosting their data center-associated spending and deploying advanced data center innovation in order to keep up with the expanding client demands. These massive investments have to be made to provide the infrastructure needed to aid and operate web services monthly with billions of users.

Challenges

• Growing Issues Related to Data Security & Privacy - Compared to data center buildings, isolated containerized data centers are more prone to intrusions. A single point of failure may also bring down an entire containerized data center if there aren't many integrated backups.
• High Cost of Containerized Data Centers
• Insufficient Computing Capacity