Component (Solutions, Services)
Solutions segment is poised to dominate over 45% micro data center market share by 2037. The swiftly expanding IT infrastructure in high-potential regions such as Asia Pacific, Latin America, and Middle East & Africa is augmenting sales of micro data center solutions. In March 2024, the Asian Infrastructure Investment Bank (AIIB), and Banco Nacional de Desenvolvimento Econômico e Social (BNDES) signed an MOU to enhance sustainable infrastructure development related to trade and transportation in Asia Pacific.
The developments in the transportation and supply chain management sector are anticipated to directly influence the demand for micro data center solutions in the coming years. End use organizations are adopting modular micro data center solutions as they offer easy configuration customizability and flexibility. Also, to overcome data security and theft concerns, companies are employing advanced micro data center solutions.
Industry Vertical (Energy, Colocation, BFSI, Government, Industrial, Healthcare, IT and Telecom)
BFSI segment is projected to hold over 35% micro data center market share by the end of 2037. The sensitive financial operations make BFSI a prime end user of micro data center components. Advanced micro data centers offer high security and reliability for the safety of data. The localized data processing capabilities help in maintaining data privacy regulations and mitigating latency for sensitive applications. Micro data centers also reduce downtime and ensure smooth service availability. These features of micro data centers align with the needs of the BFSI industry, driving their sales growth.
Our in-depth analysis of the micro data center market includes the following segments:
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Author Credits: Abhishek Verma
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