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The global data center power market accounted for a value of 16.2 billion in 2019 and is projected to register growth at a CAGR of 5.5% during forecast period.

COVID-19 has impacted the data center market. The government has imposed nation-wide lockdown in many countries and this has increased the internet traffic around the world. The internet traffic has increased 10 times than usual. The adoption of cloud based services is increasing among different organizations and some government organizations. The cloud based services are needed to store, transfer and secure the confidential data. The data center market is witnessing growth during COVID-19.

For more details, visit: Global Data Center Power Market By Product (UPS, PDU, Busway, Others), By Size (Small & Medium Sized Data Center and Large Data Center), By End-Users (Retail, Energy, Government, Others), By Region, Forecast & Opportunities to 2026

The demand for data storage management is increasing around the globe. The adoption of cloud technology across various organizations is increasing. The technological advancement in cloud services is increasing rapidly. This increases adoption of such technologies which leads to high demand for data center power thus, drive growth in this market during forecast period.

On the basis of product, the data center power market is segmented into PDU, UPS, busway and others. The PDU segment is estimated to lead the market and register growth at 7.0% CAGR during forecast period. The demand for intelligent power distribution units is increasing around the world. The companies are rapidly adopting the intelligent PDU rather than simple multi socket racks with network and server equipment.  Intelligent power distribution units posses the capability of measuring distributed electrical parameters. This increases the demand for PDU segment and drives growth in this segment during forecast period.

On the basis of size, the data center power market is segmented into small & medium sized data center and large data center. The large data center segment is estimated to hold largest market size during forecast period. The large data centers offer smooth flow of operation and better ceiling service installation. They use high energy efficient precision air handling unit and computer room air handler machines and include better PDU which optimize efficiency and monitor losses. The large data centers use more power than others due to greater data center infrastructure and complex networking, storage, servers and equipment, which need efficient data center power handling and monitoring solutions. Large data centers are utilized by large enterprises with high cloud computing density systems. This drives growth in large data center segment during forecast period.

On the basis of end-users, the data center power market is segmented into government, retail, BFSI, IT & telecommunications, energy, healthcare and others. The IT & telecommunication segment is estimated to be fastest growing segment during forecast period. The construction and demand for IT infrastructure is increasing and the telecommunication infrastructure is developing which requires data storage facilities to manage large amount of data. This drives growth in IT & telecommunication segment during forecast period.

Asia-Pacific region is estimated to register growth at Highest CAGR during forecast period. The volume of collocation data centers is increasing in emerging countries such as China and India. The number of telecom subscribers is increasing in this region. The user of tablets and smartphones is increasing worldwide and this increases demand for data centers power in this region. Thus, drives growth in Asia-pacific region in data centers power market during forecast period.

The key market players in data center power industry are Schneider Electric, Vertiv, ABB, Eaton, Delta Electronics, Huawei, Legrand, Tripp Lite, Toshiba, Siemens, Mitsubishi Electric, Cisco, Kehua Tech, Socomec, Rittal, Cyber Power Systems and PDU Experts.

FAQ

  • What are the expected industry trends over the next three to five years?
  • Which of the data center power product is likely to lead by 2025?
  • Which of the end-user segments is expected to have the maximum potential to during the forecast period?
  • Which region is going to have the highest smart meters market share by 2025?
  • What are different organic and inorganic strategies implemented by companies to gain increased market share?

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