Modular Data Center Market Size, Share, Trends, Analysis and Forecast to 2030
According to a research report " Modular Data Center Market by Component (Solutions and Services), Organization Size (Large Enterprises and SMEs), Vertical (BFSI, IT & Telecom, Healthcare, Retail, Media & Entertainment, and Manufacturing) and Region - Global Forecast to 2030" published by MarketsandMarkets, the Modular data center market size is expected to grow from USD 25.8 billion in 2023 to USD 81.2 billion by 2030 at a Compound Annual Growth Rate (CAGR) of 17.8% during the forecast period. Data center optimization initiatives to address critical infrastructure inefficiencies are expected to boost the adoption of modular data centers globally. The US Office of Management and Budget (OMB) launched the Data Center Optimization Initiative (DCOI) to cut down on data center footprints and eliminate inefficiencies. Since its launch, data center providers have taken proactive steps to guarantee that their products support DCOI compliance. As a result, more feder...