The global containerized data center market was estimated at USD 9.88 billion in 2022 and it is expected to surpass around USD 92.78 billion by 2032, poised to grow at a CAGR of 25.1% from 2023 to 2032.
Key Pointers
Report Scope of the Containerized data center Market
Report Coverage | Details |
Market Size in 2022 | USD 9.88 billion |
Revenue Forecast by 2032 | USD 92.78 billion |
Growth rate from 2023 to 2032 | CAGR of 25.1% |
Base Year | 2022 |
Forecast Period | 2023 to 2032 |
Regions Covered | North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
Companies Covered | Cisco Systems, Inc.; IBM; Dell Inc.; Vertiv Group Corp.; Hewlett Packard Enterprise Development LP; Huawei Technologies Co., Ltd.; Schneider Electric; Fuji Electric Co., Ltd.; Delta Power Solutions; Shenzhen Kstar Science & Technology Co., Ltd.; Rittal GmbH & Co. KG; ZTE Corporation |
The growth of the digital economy has accelerated the rapid and vigorous development of technologies such as the Internet of Things, cloud computing, edge computing, and big data, which have raised the demand for data centers. These technologies create high volumes of data in the network, generating new performance and computing demands in the data center, which is ultimately driving the demand for containerized data center solutions and services. In addition, the demand for rapid deployment, portability & durability, high scalability, and energy efficiency is expected to accelerate the growth of the containerized data center market.
The outbreak of COVID-19 played a critical role in driving the containerized data center market growth. The establishment of local data centers gained traction across several parts of the world in line with the rising pressure on organizations to ensure a robust and secure IT environment for their employees and end-users and the growing corporate awareness regarding the benefits of edge computing services, thereby contributing to the data center market growth. The unabated growth of the e-commerce industry and the growing popularity of OTT platforms also contributed to the rising demand for containerized data centers.
The growing reliance on digital technology is expected to continue to drive the preference for multi-tenant, hyper-scale data centers in the post-pandemic era. The growing volumes of digital transactions, the proliferation of smart devices, widespread implementation of IoT technology, the continued rollout of 5G networks, adoption of Industry 4.0, and the potential for the generation of large volumes of data by FinTech, EduTech, GamingTech, HealthTech, ACES mobility, and media & entertainment, among other industries and industry verticals, are some of the vital factors driving the demand for data centers and contributing to the growth of the containerized data center market.
Regional Insights
North America dominated the market with a share of 33.84% in 2022 and is anticipated to retain its position during the forecast period. Early adoption of containerized data centers in this region is the major factor behind the market growth. In addition, the considerable presence of major market players such as Cisco Systems, Inc. (U.S.), Dell Inc. (U.S.), IBM (U.S.), and Vertiv Group Corp. (U.S.) is also boosting the adoption of containerized data centers. The growing demand for agile IT infrastructure and the use of online services are also expected to offer substantial growth opportunities to the data center industry in North America in the near future. For instance, with the growing popularity of edge and cloud computing, numerous organizations are looking to benefit from the flexibility and scalability of this type of infrastructure.
Asia Pacific is anticipated to expand at the fastest CAGR of 26.31% during the forecast period. The sizable presence of collocation data centers, cloud, and internet service providers in the region is the major driver behind the market growth. In addition, rising investment in the IT & telecommunications industry, increasing 5G deployments, and adoption of industrial IoT are also driving demand for containerized data centers in the region.
Containerized data center Market Segmentations:
By Container Type | By Organization Size | By End-Use Industry |
20 Feet Container 40 Feet Container Customized Container |
Small & Medium Sized Organizations Large Size Organizations |
BFSI IT & Telecommunications Healthcare Energy & Utilities Aerospace & Defense Retail & E-commerce Others |