
EMEA Micro Data Center Market
No. of Pages: 137 | Report Code: BMIRE00030583 | Category: Technology, Media and Telecommunications
No. of Pages: 137 | Report Code: BMIRE00030583 | Category: Technology, Media and Telecommunications
The EMEA micro data center market size was valued at US$ 1.14 billion in 2023 and is expected to reach US$ 3.15 billion by 2031; it is estimated to record a CAGR of 13.5% from 2023 to 2031.
The micro data center market in Germany is projected to expand at a significant rate in the coming years, owing to the growing digitalization and increasing demand for advanced learning platforms. The rising investment in the digitization of the retail sector in the country is boosting the demand for micro data centers, as this can help retailers with real-time data analytics and provide enhanced customer experiences. Further, the growing demand for industrial automation and the increasing adoption of Industry 4.0 are expected to offer lucrative growth opportunities for the market. Moreover, significant initiatives taken by the government to promote digitalization and adoption of advanced technologies such as AI, ML, and IoT in various industries, including retail, BFSI, and healthcare, are fueling the market growth.
The UK is witnessing tremendous growth in its healthcare sector. The National Health Service (NHS) is undergoing a financing reform to support the transformation of health and social care through technological applications such as high-speed connectivity and digital skills. To back this, the UK Government is making various investments in the digitization of the healthcare sector. For instance, in June 2022, the UK Government announced an investment of US$ 182.38 million (GBP 150 million) over the next three years to support social care and enable digital healthcare transformation. Similarly, in October 2023, the Department of Health and Social Care announced an investment of US$ 36.40 million (GBP 30 million) in innovative technology for the NHS. Through this the government is modernizing medical technology by cutting waiting times, speeding up diagnosis, and improving patient treatment. Such growing investment in the digitization of the healthcare industry is fueling the adoption of micro data centers in the country. Various hospitals are adopting micro data centers for scalable and effective real-time data access and storage. For instance, in June 2023, UK’s Barnet Hospital announced that it had installed 42U Micro Data Centre 3 in the intensive care unit (ICU). The containerized facility has a capacity of up to 12 kW load and will provide network and communications services for the operational side of the ICU.
Strategic insights for the EMEA Micro Data Center provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 1.14 Billion |
Market Size by 2031 | US$ 3.15 Billion |
Global CAGR (2023 - 2031) | 13.5% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Rack Type
|
Regions and Countries Covered | Europe
|
Market leaders and key company profiles |
The geographic scope of the EMEA Micro Data Center refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
Based on application, the EMEA micro data center market is divided into BFSI, retail, IT & telecom, manufacturing, healthcare, and others. The IT & telecom industry segment held the largest EMEA micro data center market share. Micro data centers have transformed the IT & telecom industry by offering a compact yet powerful solution for managing and storing data. In IT, micro data centers are being used to support edge computing, allowing for faster processing of data closer to the source, bringing down latency, and improving overall performance. Telecom companies are also leveraging micro data centers to support 5G technology, enabling them to deploy infrastructure in locations where traditional data centers are not viable. These micro data centers are not only space-efficient but also provide the necessary computing power, storage, and networking capabilities, making them essential for the evolving needs of IT & telecom operations.
Eaton Corp Plc, Cannon Technologies Ltd, SCHÄFER Ausstattungssysteme GmbH, Rittal GmbH & Co KG, Delta Electronics Inc, Datwyler IT Infra GmbH, Schneider Electric SE, Intellinet Network Solutions, Panduit, Legrand SA, and Vertiv Group Corp are among the key EMEA micro data center market players that are profiled in this market study.
The overall EMEA micro data center market size has been derived using both primary and secondary sources. Exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the EMEA micro data center market size. The process also helps obtain an overview and forecast of the market with respect to all the market segments. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain analytical insights. This process includes industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the EMEA micro data center market.
The EMEA Micro Data Center Market is valued at US$ 1.14 Billion in 2023, it is projected to reach US$ 3.15 Billion by 2031.
As per our report EMEA Micro Data Center Market, the market size is valued at US$ 1.14 Billion in 2023, projecting it to reach US$ 3.15 Billion by 2031. This translates to a CAGR of approximately 13.5% during the forecast period.
The EMEA Micro Data Center Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the EMEA Micro Data Center Market report:
The EMEA Micro Data Center Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The EMEA Micro Data Center Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the EMEA Micro Data Center Market value chain can benefit from the information contained in a comprehensive market report.