ICT-IOT

Micro Data Center Market

Global Industry Analysis and Forecast 2024-2031

Pages : 120

Base Year : 2023

Release Year : May 2024

Format : Pdf Ppt Xls

Report ID: KR585

Author : Antriksh P.

Base Year

2023

Forecast Year

2024-2031

Historical Years

2019-2022

Market Value (2023)

USD 6,894.6 Million

Forecasted Value (2031)

USD 29,202.7 Million

CAGR (2024 - 2031)

20.08%

Fastest Growing Region (2024 - 2031)

Asia Pacific

Largest Region

Asia Pacific

By Component

Solution, Services

By Type

Rack, Cabinet, Container

By Vertical

BFSI, IT and Telecommunications, Healthcare, Retail, Others


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The global micro data center market is projected to reach USD 29,202.7 million by 2031, growing at a CAGR of 20.08% from 2024 to 2031.
The global micro data center market was valued at USD 6,894.6 million in 2023.
The growing demand for edge micro data centers is driven by the increasing adoption of edge computing solutions across various industries.
Top manufacturers of micro data center market are Rittal GmbH & Co. KG, Panduit Corp., Vertiv Group Corp., Schneider Electric, Eaton, American Portwell Technology, Inc., Hewlett Packard Enterprise Development LP, Hitachi Energy Ltd., Delta Power Solutions, ALTRON, and others.
Asia-Pacific is the fastest growing region with the CAGR of 22.40% in the forecasted period (2024-2031) with the market value forecasted to reach at USD 9,759.4 million.
By type, rack segment will hold the maximum share in the micro data center market with the revenue value of USD 12,944.9 million in 2031.
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