Micro Mobile Data Center Market
According to the GMI research report, the micro mobile data center market will register an annual growth of 16.8% during the forecast period. Micro mobile data centers are scalable and offer cost-efficiency to data-center owners.
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Micro Mobile Data Center Market Dynamics
Miro mobile data center offer sustained power supply, fire protection, management tools, safety systems, easy installation, cost-efficiency, and in-built cooling systems. The major factors steering the micro mobile data center market growth includes the increasing application of IoT devices and clod-based services by organizations and enterprises, surging emphasis on energy-effective, economical, and energy saving data center solutions, and the rising data traffic.
The growing implementation of micro-mobile data centers in distant areas and disaster prone regions with a surge in demand from banking, energy, retail, healthcare, IT and telecom industries, because of its better data security and reduced intermission will provide huge opportunities to the market. Furthermore, the research report by GSM Association published in 2019 asserts that total IoT connections are projected to touch 25.2 billion by 2025 from 9.1 billion in 2018, which is projected to encourage the micro mobile data center market size.
On the other hand, the dearth of resources and inadequate knowledge regarding micro mobile data centers are the major reasons hindering the market growth. Additionally, the growing concerns towards cyber-attacks including cryptojacking and attack on data centers will restrain the micro mobile data center market share.
Organization Size Segment Drivers
By organization size, the small and medium enterprises are predicted to grow at a faster CAGR over the forecast period primarily due to the growing adoption of advanced digital technologies by SMEs. As per the growth of the global Micro Mobile Data Center Market Report, the robust demand of efficacious data centers, and advantages of micro mobile data centers such as cooling system, power efficiency, easy and faster deployments will strengthen the market size. Moreover, as per the World Bank Group, small and medium enterprises gauge for nearly 90% of businesses worldwide and are likely to 600 million jobs by 2030.
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