Micro-Mobile Data Center Global Market Report 2023: Rising Adoption of Micro Mobile Data Centers in SMEs Bolsters Growth
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Dublin, March 31, 2023 (GLOBE NEWSWIRE) -- The "Micro-Mobile Data Center Market By Rack Unit, By Application, By Enterprise Size, By Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2021-2031" report has been added to ResearchAndMarkets.com's offering.

According to the report the micro-mobile data center market was valued at $3.9 billion in 2021, and is estimated to reach $19.2 billion by 2031, growing at a CAGR of 17.8% from 2022 to 2031.

The Micro-Mobile Data Center Market is likely to experience a significant growth rate of 17.8% from 2022-2031, owing to increasing market demand from IT and Telecom sector.

Organizations implemented micro-mobile data centers rapidly to meet changing demands while avoiding expensive infrastructure changes or data center build-outs. As micro-mobile data center can be installed in virtually any environment, from branch offices to retail stores to warehouses to remote field locations.

Its cabinet can easily accommodate all kinds of equipment to facilitate future upgrades and even re-architecture of the environment. Hence, small to midsize businesses can use micro-mobile data centers to support their onsite applications and services without placing too much burden on IT staff. As it is ideal for edge applications in a wide range of environments.

Factors such as rising adoption of micro-mobile data center in SMEs enterprises and rapid deployment due to cost affordable IT operations, drive the growth of the market. In addition, increasing requirement of security, reliability and scalability of data center infrastructure is expected to strengthen the growth of the market in the future. However, achieving efficiency while balancing costs control and poor power management hamper the growth of the market.

Furthermore, increasingly connected software systems and the continued rise of digital attacks, companies moving toward a zero-trust security model. In addition, proliferation of IoT will impact the size and growth of a micro-mobile data center is expected to provide lucrative growth opportunities for the market during the forecast period.

Moreover, many sectors such as healthcare, BFSI, IT & telecom, and others industries are investing in micro-mobile data center technology to increase security and reduce data center expense in organizations, which in turn fuels the growth of the market.

The players in the market have been actively engaged in the adoption various strategies such as partnership, product launch, collaboration, merger, acquisition and others to remain competitive and gain advantage over the competitors in the market.