Global Prefabricated Modular Data Centre Market Report 2024 - Global Market to Reach US$7.03 Billion by 2029: Rapid Deployment and Scalability Leading the Charge [Yahoo! Finance]
Dell Technologies Inc. Class C (DELL)
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Source: Yahoo! Finance
Center Market - Forecasts from 2024 to 2029" report has been added to ResearchAndMarkets.com's offering. The global prefabricated modular data centre market is on an unprecedented growth curve, with expectations to burgeon at a Compound Annual Growth Rate (CAGR) of 9.82%. The market, valued at US$3.65 billion in 2022, is projected to catapult to a valuation of US$7.03 billion by the year 2029. This escalation is a reaction to the surging digitalization across industries that has escalated data volumes and heightened the need for cost-effective data management, control, and storage solutions. Energy-Efficiency: A Primary Catalyst Rising demand for energy-efficient and portable IT infrastructure propels the market forward as companies seek out prebuilt facilities that enhance performance while simplifying IT operations. The inherent design of prefabricated modular data centres bestows them with better energy management capabilities, particularly in terms of power and cooling, due
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