Data Center Power Market Size, Growth Drivers, Demand Forecast, Business Opportunities, Industry Leaders, Current Trends and Impact of COVID-19

Research Reports

Jan 21, 2021

Market Analysis

The global data center power market is predicted to grow at a 10% CAGR between 2017- 2023, states the recent Market Research Future (MRFR) analysis. Data center power, simply put, is a power solution for managing the PUE (power usage effectiveness) and increasing the efficiency of data centers. Owing to its alluring features and benefits, it has wide applications in retail, healthcare, power and energy, government, BFSI, IT and telecommunication, and others.

Regional Analysis

Based on the region, the data center power market report covers the growth opportunities and recent trends across the Asia Pacific (APAC), North America, Europe, & Rest of the World (RoW). Of these, North America is predicted to command the largest share in the market over the forecast period. The presence of technologically advanced enterprises, burgeoning demand for standardized and secure cloud data storage, and the presence of top industry players are adding to the global data center power market growth in the region. The US holds the utmost share in the market.

The global data center power market in the APAC region is predicted to have healthy growth over the forecast period. The growing use of cloud services, implementation of advanced technology in automotive, BFSI, and IT, and growing e-commerce companies are adding to the global data center power market growth over the forecast period.

The global data center power market in Europe is predicted to have sound growth over the forecast period, and in the RoW is predicted to have steady growth over the forecast period.

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Market Segmentation

The MRFR report highlights an inclusive segmental analysis of the global data center power market based on end users, data center type, and components.

By component, the global data center power market is segmented into service and solution. The solution segment is again segmented into cabling infrastructure, uninterrupted power supply (UPS), power distribution & backup solutions. The services segment is again segmented into system integration, support and maintenance, training and consulting, and others.

By data center type, the global data center power market is segmented into enterprise size data center, mid-size data center, and large size data center.

By end user type, the global data center power market is segmented into retail, healthcare, power and energy, government, BFSI, IT and telecommunication, and others.

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About Market Research Future:

Market Research Future (MRFR) is a global market research firm that takes great pleasure in its services, providing a detailed and reliable study of diverse industries and consumers worldwide. MRFR’s methodology integrates proprietary information with different data sources to provide the client with a comprehensive understanding of the current key trends, upcoming events, and the steps to be taken based on those aspects.

Our rapidly expanding market research company is assisted by a competent team of research analysts who provide useful analytics and data on technological and economic developments. Our deemed analysts make industrial visits and collect valuable information from influential market players. Our main goal is to keep our clients informed of new opportunities and challenges in various markets. We offer step-by-step assistance to our valued clients through strategic and consulting services to reach managerial and actionable decisions.

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