DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Prefabricated Modular Data Center Market - Forecasts from 2016 to 2021" report to their offering.
Prefabricated Modular Data Center is expected to reach $5.639 billion by the end of 2021, from $1.386 billion in 2016 growing at a CAGR of 32.39% over the forecast period, on account of several market drivers like: surge in the data traffic, increase in new data center establishments and the need for shortening lead time for data center commissioning.
Some major benefits of the Prefabricated Modular Data Center leading to higher adoption by various enterprises include efficiency to create an optimized and more flexible data center, and supporting additional workload and business demands among others. A compact Modular design, which can be deployed quickly at virtually any location, is yet another major advantage, which is augmenting the need for these type of modular Data Centers.
The Americas accounts for major share of the Prefabricated Modular Data Center market, followed by Asia-Pacific, which is exhibiting highest growth during the analysis period, and is bound to become the biggest market by the end of 2021.
By Form Factor
By Industry Vertical
- Banking and Financial Services
- Communication and Technology
- Media and Entertainment
- Colt Group
- Schneider Electric
- Cannon Technologies
For more information about this report visit http://www.researchandmarkets.com/research/vxzsb8/prefabricated