Data Center Finance: Containerized Data Center Market
The global containerized data center market is expected to grow at a compound annual rate of 20.91 percent from 2015 to 2019, according to a recent analysis from Technavio. Containerized data centers, which are portable computing facilities that come in 20- and 40-foot long sizes, are a cost-effective option when companies are looking for data center real estate.
A previous analysis estimated that the global containerized data center market would be worth $7.47 billion by 2019. The modular data center market, which includes containerized data centers, will be worth $35.11 billion by 2020. Cloud service providers, large enterprises, government agencies and telecommunication service providers are all major end-users of containerized data centers.
The market growth is driven by increasing demand for computing space. For instance, Silicon Valley data centers are in high demand due to a high number of companies vying for computing space but a lack of options for a move-in ready facility with 2 MW of power capacity. Overall, the global colocation market is expected to be worth $51.8 billion by 2020.
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