Micro Data Center Market Size

Micro Data Center Market size was over USD 5.8 billion in 2023 and is predicted to cross USD 160.8 billion by the end of 2036, witnessing more than 29.1% CAGR during the forecast period i.e., between 2024-2036. In 2024, the industry size of micro data centers is assessed at USD 7.5 billion.

The rising implementation of digital technologies such as artificial intelligence (AI), machine learning (ML), the Internet of Things (IoT), and wireless communication solutions such as 5G are augmenting the use of micro data centers in several industries. Nine out of ten businesses invest in AI technologies, and about 35% of enterprises have already adopted AI. Moreover, to overcome data management and processing issues, companies are widely adopting computing devices ultimately leading to rising sales of micro data center components.

There are several types of data centers, including edge, enterprise, modular, cloud, and green. Compared to enterprise data centers, end use industries such as education, retail, and manufacturing rely on micro data centers. For instance, data centers are integral to the growth and modernization of the education sector, enabling e-learning, managing data, supporting collaboration, enhancing research capabilities, ensuring security, and providing scalability.