DUBLIN, Jan. 18, 2024 (GLOBE NEWSWIRE) — The “North America Contained Data Center Market Size and Stock Analysis – Growth Trends and Forecast (2023 – 2028)” report has been added to ResearchAndMarkets.com an offer.
The North American containerized data center market is poised for significant expansion, with forecasts indicating a jump from US$4.48 billion in 2023 to US$13.10 billion by 2028, representing a compound annual growth rate (CAGR) of 23.91%. This forecast period, 2023-2028, is expected to witness major developments that meet the increasing requirements for data processing and storage, supported by the widespread adoption of cloud services and the continuing increase in data generation.
Several facilitators are driving the growth of the North American packaged data center market. Key drivers in this sector include the widespread integration of technologies such as big data analytics and the Internet of Things (IoT), which require robust and scalable data center solutions. This rise is largely due to the industry’s focus on digital transformation and the increase in smart connected devices.
Insight into market dynamics in the US
In the United States, the growing need for hyperconverged infrastructure, which simplifies and unifies data center functions, is giving impetus to the market’s progress. The country has shown a notable increase in data center capacity, which is attributed to both established players and emerging service providers leaning towards modular constructions due to agility and rapid deployment capabilities.
The government sector in the US and Canada is emerging as a pivotal adopter with several federal agencies prioritizing containerized data centers for their enhanced security features and AI integration. Furthermore, the implementation of progressive government initiatives calling for digital public services has led to a surge in demand for standardized data storage solutions. This demand is evident in the significant investments being made by major cloud providers in the region, contributing to a strong market landscape in North America.
Competitive arena and key features
The field of contenders in the containerized data center sector includes a mix of established giants and innovative enterprises. Players engage in strategic mergers and acquisitions and relentless R&D efforts to launch new products and integrate new technologies into their offerings. Such endeavors create an environment of moderate market concentration.
- Trends indicate that the market is witnessing significant growth due to the continuous growth of Internet and cloud applications, which necessitate efficient data storage and processing.
- Government involvement, especially in initiatives geared towards energy conservation and CO2 emission reduction within data centres, is enhancing the market size.
- Market-leading organizations focus on unifying traditional IT infrastructure with cutting-edge technologies, enhancing service delivery across diverse sectors.
The results indicate a broad outlook on the market with an emphasis on industry drivers, market trends, and consumer preferences. As data centers continue to evolve, North American business entities increasingly recognize the value proposition of containerized data centers in addressing increasing data traffic and changing paradigms of IT infrastructure requirements.
These deep insights provide invaluable insight into the North American packaged data center market, benefiting stakeholders and industry participants in aligning their strategic positioning and operational planning to capitalize on the impending growth prospects.
It includes a selection of companies mentioned in this report
- Hewlett Packard Enterprise
- IBM
- Dell company
- Cisco Systems Inc
- Huawei Technologies Co., Ltd
- Emerson Network Power (Emerson Electric Company)
- Schneider Electric SE (acquired AST Modular)
- Retal Company Limited & Co. KG
For more information about this report visit https://www.researchandmarkets.com/r/fq0m1b
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North America Packaged Data Center Market Net Absorption for Data Centers by Select Markets in US Megawatts 2021
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