North America Micro Data Center Market Forecast to 2030

North America Micro Data Center Market Forecast to 2030 – Regional Analysis – By Rack Type (Single Rack and Multi Rack), Organization Size (Large Enterprises and SMEs), and End User (IT & Telecom, BFSI, Retail, Healthcare, Manufacturing, and Others)

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Description

The North America micro data center market was valued at US$ 1,468.55 million in 2022 and is expected to reach US$ 4,062.68 million by 2030; it is estimated to grow at a CAGR of 13.6% from 2022 to 2030.

Adoption of Edge Micro Data Centers Fuels the North America Micro Data Center Market

With the increased demand for instant data transfer in offices, data is taking longer to reach its destination. Most organizations depend on large, outsourced data centers, usually located far from their place of business. As data centers are placed further from the source, many users are experiencing latency and bandwidth issues. These factors can cause significant delays in data transfer, affecting businesses’ productivity. To resolve this issue, edge micro data centers aim to bring data computing back to the source, thereby bridging the gap between the user and the cloud.

Edge micro data centers offer reduced latency and bandwidth use, which leads to increased productivity. They process important data at the client’s end rather than the cloud end, offering fast results. By utilizing an edge micro data center, businesses can still benefit from the convenience of cloud computing without the latency issues. Modern edge micro data center solutions are much smaller and cheaper than full-size data centers, requiring less upkeep. There is no need to construct a specialized building to house the micro data center as it takes up approximately a square meter of office space, and soundproofing options ensure no distractions to the workforce.

Various companies are providing micro data center solutions for edge computing. In October 2022, Vertiv, a provider of critical digital infrastructure, launched the Vertiv SmartCabinet 2M-a self-contained micro data center designed for edge computing applications. In addition, in August 2020, EdgeMicro launched five new micro data centers across the US. Moreover, micro data center providers are constantly making efforts to introduce their solutions in the market through various inorganic strategies. In September 2020, HPE, Schneider Electric, and StorMagic collaborated to develop “Edge in a Box,” a micro data center that can be mounted on the wall to provide IT systems for edge environments. Therefore, the deployment of edge micro data centers is expected to fuel the North America micro data center market growth during the forecast period.

North America Micro Data Center Market Overview

The North America micro data center market is segmented into the US, Canada, and Mexico. North America is dominating the global market with the growing adoption of innovative technologies and rising digitization. The growth of edge computing in the region highlights the growing overlap between the data center and wireless worlds. Due to overlap, various companies in North America are entering into the data center business. In November 2021, the American Tower Corporation-the world’s largest wireless infrastructure owner with more than 170,000 sites-acquired CoreSite. In the near future, micro data centers can be installed any place where high-speed connectivity is available.

The adoption of micro data centers in the retail industry is growing in the region. Retailers are progressively leveraging big data powered by machine learning to enhance consumer experience and improve manufacturing and logistics operations. Micro data centers compute and store resources closer to the end users to improve performance. In February 2020, the ALDO group used big data analytics to predict emerging trends and operational excellence. The increases in the adoption of analytics solutions further encourages retailers to implement micro data centers for storing resources, propelling the demand for micro data centers in the market in North America.

Market players are developing supportive solutions for micro data centers in the region. For instance, in March 2020, Vertiv Group launched UPS integrated with lithium-ion batteries in North America. As the lithium-ion batteries function at greater ambient temperatures and reducing expense for data center cooling. This solution aims to reduce the maintenance cost of micro-edge data centers.

North America Micro Data Center Market Revenue and Forecast to 2030 (US$ Million)

North America Micro Data Center Market Segmentation

The North America micro data center market is segmented by rack type, organization size, end user, and country.

Based on rack type, the North America micro data center market is bifurcated into single rack and multi rack. The single rack segment held a larger share in 2022.

Based on organization size, the North America micro data center market is bifurcated into large enterprises and SMEs. The large enterprises segment held a larger share in 2022.

Based on end user, the North America micro data center market is segmented into BFSI, retail, IT and telecom, manufacturing, healthcare, and others. The IT and telecom segment held the largest share in 2022.

Based on country, the North America micro data center market is segmented into US, Canada, and Mexico. The US dominated the North America micro data center market in 2022.

Hitachi Ltd, Rittal GmbH & Co KG, Legrand SA, Schneider Electric SE, Vertiv Group Corp, Eaton Corp Plc, Hewlett Packard Enterprise Development LP, Delta Electronics Inc, and Huawei Technologies Co Ltd are some of the leading companies operating in the North America micro data center market.

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At 13.6% CAGR, the North America Micro Data Center Market is speculated to be worth US$ 4,062.68 million by 2030, says The Research Team

According to The Research Team’ research, the North America micro data center market was valued at US$ 1,468.55 in 2022 and is expected to reach US$ 4,062.68 million by 2030, registering a CAGR of 13.6% from 2022 to 2030. Advent of IoT, Big Data, Machine Learning, and AI and increasing proliferation of cloud-based services are among the critical factors attributed to the North America micro data center market expansion.

The Internet of Things (IoT), big data, machine learning, and artificial intelligence (AI) are a few technologies that generate huge volumes of data, require low latency processing, and demand localized computing resources. IoT devices are widely used, connecting various physical objects and enabling data collection and communication. Micro data centers positioned at the edge of the network can provide local computing power, storage, and analytics capabilities, which reduce the latency and bandwidth requirements of transmitting data to a centralized data center. Micro data centers enable real-time decision-making and facilitate IoT deployments across the manufacturing, healthcare, transportation, and smart city industries. Further, processing and analyzing such massive datasets require significant computational power and storage capabilities. Micro data centers offer a scalable and distributed architecture, allowing organizations to process and analyze big data locally, closer to the data source. Micro data centers enhance data processing efficiency and enable real-time analytics by reducing the data transfer time and network congestion associated with transmitting large datasets to a central data center. Also, machine learning and AI algorithms require substantial computational resources for training and inference tasks. Micro data centers provide the necessary processing power and storage capabilities to perform these resource-intensive tasks closer to the data source. Organizations can reduce the latency and response time associated with transmitting data to a centralized data center or the cloud by deploying micro data centers at the edge. This enables real-time decision-making, enhances AI-driven applications, and supports use cases such as autonomous vehicles, intelligent video analytics, predictive maintenance, and personalized recommendations. Hence, the adoption of micro data centers is growing, which is leading to a rise in the launch of advanced micro data centers. For instance, in March 2023, STULZ GMBH launched STULZ Micro DC-a single rack, all-in-one micro data center solution that combines power protection and distribution, cooling, monitoring, and management with fire protection and security. The aim of the launch was to maximize the potential of Industry 4.0 and the industrial Internet of Things (IIoT). In addition, in May 2021, Schneider Electric launched a 43U micro data center cabinet to provide standalone Edge IT capacity in offices and warehouses. Therefore, the advent of various technologies, such as the Internet of Things (IoT), machine learning, big data, and artificial intelligence (AI), is boosting the North America micro data center market.

On the contrary, lack of awareness about benefits of micro data centers hampers the growth North America micro data center market.

Based on rack type, the North America micro data center market is bifurcated into single rack and multi rack. The single rack segment held 59.0% share of the North America micro data center market in 2022, amassing US$ 866.40 million. It is projected to garner US$ 2,481.78 million by 2030 to expand at 14.1% CAGR during 2022-2030.

Based on organization size, the North America micro data center market is bifurcated into large enterprises, and SMEs. The large enterprises segment held 64.5% share of the North America micro data center market in 2022, amassing US$ 947.39 million. It is projected to garner US$ 2,517.84 million by 2030 to expand at 13.0% CAGR during 2022-2030.

Based on end user, the North America micro data center market is segmented into BFSI, retail, IT and Telecom, manufacturing, healthcare, and others. The IT and telecom segment held 37.5% share of North America micro data center market in 2022, amassing US$ 551.17 million. It is projected to garner US$ 1,649.63 million by 2030 to expand at 14.7% CAGR during 2022-2030.

Based on country, the North America micro data center market is segmented into US, Canada, and Mexico. The US held 89.3% share of North America micro data center market in 2022, amassing US$ 1,311.71 million. It is projected to garner US$ 3,612.53 million by 2030 to expand at 13.5% CAGR during 2022-2030.

Key players operating in the North America micro data center market are Hitachi Ltd, Rittal GmbH & Co KG, Legrand SA, Schneider Electric SE, Vertiv Group Corp, Eaton Corp Plc, Hewlett Packard Enterprise Development LP, Delta Electronics Inc, and Huawei Technologies Co Ltd, among others.

In Oct 2021, Schneider Electric, the leader in the digital transformation of energy management and automation, announced it had expanded its Micro Data Center solutions portfolio with the introduction of the Easy Micro Data Center Series for standard IT and commercial environments.

In Mar 2020, Hewlett Packard Enterprise (HPE) announced the availability of HPE Container Platform. The HPE Container Platform is the industry’s first enterprise-grade container platform designed to support both cloud-native and non-cloud-native applications using 100 percent open-source Kubernetes – running on bare-metal or virtual machines (VMs), in the data center, on any public cloud, or at the Edge. In addition, HPE is introducing new professional services to ensure faster time-to-value and several new reference configurations for data-intensive application workloads such as AI, machine learning, deep learning (DL), data analytics, edge computing, and the Internet of Things (IoT).

o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America micro data center market.
o Highlights key business priorities in order to assist companies to realign their business strategies
o The key findings and recommendations highlight crucial progressive industry trends in the North America micro data center market, thereby allowing players across the value chain to develop effective long-term strategies
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
o Scrutinize in-depth North America market trends and outlook coupled with the factors driving the North America micro data center market, as well as those hindering it
o Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution

TABLE OF CONTENTS


1. Introduction
1.1 The Research Team Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Micro Data Center Market Landscape
4.1 Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
4.3.1 Component Providers
4.3.2 Manufacturers
4.3.3 Distributors or Suppliers
4.3.4 End Users
4.3.5 List of Vendors in Value Chain:
5. North America Micro Data Center Market – Key Industry Dynamics
5.1 North America Micro Data Center Market – Key Industry Dynamics
5.2 Market Drivers
5.2.1 Advent of IoT, Big Data, Machine Learning, and AI
5.2.2 Increasing Proliferation of Cloud-based Services
5.3 Market Restraints
5.3.1 Lack of Awareness about Benefits of Micro Data Centers
5.4 Market Opportunities
5.4.1 Increasing Deployment of 5G Services
5.4.2 Increasing Focus on Environmentally Friendly Data Centers
5.5 Future Trends
5.5.1 Edge Micro Data Centers
5.6 Impact of Drivers and Restraints:
6. Micro Data Center Market -North America Market Analysis
6.1 North America Micro Data Center Market Revenue (US$ Million), 2022 – 2030
6.2 North America Micro Data Center Market Forecast and Analysis
7. North America Micro Data Center Market Analysis – Rack Type
7.1 Single Rack
7.1.1 Overview
7.1.2 Single Rack Market Revenue, and Forecast to 2030 (US$ Million)
7.2 Multi Rack
7.2.1 Overview
7.2.2 Multi Rack Market Revenue, and Forecast to 2030 (US$ Million)
8. North America Micro Data Center Market Analysis – Organization Size
8.1 Large Enterprises
8.1.1 Overview
8.1.2 Large Enterprises Market Revenue, and Forecast to 2030 (US$ Million)
8.2 SMEs
8.2.1 Overview
8.2.2 SMEs Market Revenue, and Forecast to 2030 (US$ Million)
9. North America Micro Data Center Market Analysis – End User
9.1 IT & Telecom
9.1.1 Overview
9.1.2 IT & Telecom Market Revenue, and Forecast to 2030 (US$ Million)
9.2 BFSI
9.2.1 Overview
9.2.2 BFSI Market Revenue, and Forecast to 2030 (US$ Million)
9.3 Retail
9.3.1 Overview
9.3.2 Retail Market Revenue, and Forecast to 2030 (US$ Million)
9.4 Healthcare
9.4.1 Overview
9.4.2 Healthcare Market Revenue, and Forecast to 2030 (US$ Million)
9.5 Manufacturing
9.5.1 Overview
9.5.2 Manufacturing Market Revenue, and Forecast to 2030 (US$ Million)
9.6 Others
9.6.1 Overview
9.6.2 Others Market Revenue, and Forecast to 2030 (US$ Million)
10. Micro Data Center Market – Country Analysis
10.1 North America
10.1.1 North America Micro Data Center Market Overview
10.1.2 North America Micro Data Center Market Revenue and Forecasts and Analysis – By Country
10.1.2.1 North America Micro Data Center Market Revenue and Forecasts and Analysis – By Country
10.1.2.2 US Micro Data Center Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.2.2.1 US Micro Data Center Market Breakdown by Rack Type
10.1.2.2.2 US Micro Data Center Market Breakdown by Organization Size
10.1.2.2.3 US Micro Data Center Market Breakdown by End User
10.1.2.3 Canada Micro Data Center Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.2.3.1 Canada Micro Data Center Market Breakdown by Rack Type
10.1.2.3.2 Canada Micro Data Center Market Breakdown by Organization Size
10.1.2.3.3 Canada Micro Data Center Market Breakdown by End User
10.1.2.4 Mexico Micro Data Center Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.2.4.1 Mexico Micro Data Center Market Breakdown by Rack Type
10.1.2.4.2 Mexico Micro Data Center Market Breakdown by Organization Size
10.1.2.4.3 Mexico Micro Data Center Market Breakdown by End User
11. Industry Landscape
11.1 Overview
11.2 Merger and Acquisitions
11.3 Market Initiatives
11.4 New Product Developments
12. Company Profiles
12.1 Hitachi Ltd
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Rittal GmbH & Co KG
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Legrand SA
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Schneider Electric SE
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Vertiv Group Corp
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Eaton Corp Plc
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Hewlett Packard Enterprise Development LP
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Delta Electronics Inc
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Huawei Technologies Co Ltd
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
13. Appendix
13.1 About The Research Team
13.2 Word Index

LIST OF TABLES

Table 1. North America Micro Data Center Market Segmentation
Table 2. North America Micro Data Center Market Revenue and Forecasts To 2030 (US$ Million)
Table 3. North America Micro Data Center Market Revenue and Forecasts To 2030 (US$ Million) – Rack Type
Table 4. North America Micro Data Center Market Revenue and Forecasts To 2030 (US$ Million) – Organization Size
Table 5. North America Micro Data Center Market Revenue and Forecasts To 2030 (US$ Million) – End User
Table 6. North America Micro Data Center Market Revenue and Forecasts To 2030 (US$ Mn) – By Country
Table 7. US Micro Data Center Market Revenue and Forecasts To 2030 (US$ Mn) – By Rack Type
Table 8. US Micro Data Center Market Revenue and Forecasts To 2030 (US$ Mn) – By Organization Size
Table 9. US Micro Data Center Market Revenue and Forecasts To 2030 (US$ Mn) – By End User
Table 10. Canada Micro Data Center Market Revenue and Forecasts To 2030 (US$ Mn) – By Rack Type
Table 11. Canada Micro Data Center Market Revenue and Forecasts To 2030 (US$ Mn) – By Organization Size
Table 12. Canada Micro Data Center Market Revenue and Forecasts To 2030 (US$ Mn) – By End User
Table 13. Mexico Micro Data Center Market Revenue and Forecasts To 2030 (US$ Mn) – By Rack Type
Table 14. Mexico Micro Data Center Market Revenue and Forecasts To 2030 (US$ Mn) – By Organization Size
Table 15. Mexico Micro Data Center Market Revenue and Forecasts To 2030 (US$ Mn) – By End User
Table 16. List of Abbreviation

LIST OF FIGURES

Figure 1. North America Micro Data Center Market Segmentation, By Country
Figure 2. PEST Analysis
Figure 3. Ecosystem: North America Micro Data Center Market
Figure 4. Impact Analysis of Drivers and Restraints
Figure 5. North America Micro Data Center Market Revenue (US$ Million), 2022 – 2030
Figure 6. North America Micro Data Center Market Share (%) – Rack Type, 2022 and 2030
Figure 7. Single Rack Market Revenue and Forecasts To 2030 (US$ Million)
Figure 8. Multi Rack Market Revenue and Forecasts To 2030 (US$ Million)
Figure 9. North America Micro Data Center Market Share (%) – Organization Size, 2022 and 2030
Figure 10. Large Enterprises Market Revenue and Forecasts To 2030 (US$ Million)
Figure 11. SMEs Market Revenue and Forecasts To 2030 (US$ Million)
Figure 12. North America Micro Data Center Market Share (%) – End User, 2022 and 2030
Figure 13. IT & Telecom Market Revenue and Forecasts To 2030 (US$ Million)
Figure 14. BFSI Market Revenue and Forecasts To 2030 (US$ Million)
Figure 15. Retail Market Revenue and Forecasts To 2030 (US$ Million)
Figure 16. Healthcare Market Revenue and Forecasts To 2030 (US$ Million)
Figure 17. Manufacturing Market Revenue and Forecasts To 2030 (US$ Million)
Figure 18. Others Market Revenue and Forecasts To 2030 (US$ Million)
Figure 19. North America Micro Data Center Market, By Key Country, 2022 (US$)
Figure 20. Micro Data Center Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 21. US Micro Data Center Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 22. Canada Micro Data Center Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 23. Mexico Micro Data Center Market Revenue and Forecasts To 2030 (US$ Mn)

The List of Companies – North America Micro Data Center Market

1. Hitachi Ltd
2. Rittal GmbH & Co KG
3. Legrand SA
4. Schneider Electric SE
5. Vertiv Group Corp
6. Eaton Corp Plc
7. Hewlett Packard Enterprise Development LP
8. Delta Electronics Inc
9. Huawei Technologies Co Ltd

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