MarketsandMarkets Finds Micro Data Center Market worth $4.40 Billion by 2019

Proquest LLC

The report "Mobile/Micro Data Center Market by Applications (Instant & Retrofit, Disaster Recovery, High Density Networks, Remote Office, Mobile Computing), Rack Size, Organization Size and Verticals - Global Advancements, Worldwide Forecast & Analysis (2014- 2019)", defines and segments the Micro Data Center Market into various sub-segments with an in-depth analysis and forecasting of revenues.

According to a release from MarketsandMarkets, the report also identifies the factors driving this market, various restraints and opportunities impacting it along with the technology roadmap and adoption trends.

MarketsandMarkets broadly segments the Micro Data Center Market on the basis of applications: Instant Datacenters and Retrofit, Disaster Recovery, High Density Networks, Remote Office Support, Mobile Computing; by rack size: 5-25 RU, 26-50 RU, 51-100 RU; by organization Size: Small Businesses, Medium Businesses, Enterprises; by verticals: Banking, Financial Services and Insurance (BFSI), IT and Telecom, Public Sector, Military & Defense, and Oil & Gas; by regions such as North America (NA), Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and Latin America (LA).

The major driving factors for Micro Data Center Market are portability and scalability, higher broadband connectivity, lower cost of services and rapid growth of cloud services. Micro Data Center solution providers are facing challenges in terms of data loss, system performance, network clogging and connectivity issues.

MarketsandMarkets forecasts the Micro Data Center Market to grow from $1.34 Billion in 2014 to $4.40 Billion in 2019, at a Compound Annual Growth Rate (CAGR) of 26.9 percent from 2014 to 2019. In terms of geographies, North America and Europe is expected to be the biggest market in terms of revenue contribution, while Asia-Pacific (APAC) and MEA are expected to experience increased market traction, during the forecast period

MarketsandMarkets is a global market research and consulting company.