The Data Center Power Market size is estimated at USD 24.33 billion in 2024, and is expected to reach USD 33.92 billion by 2029, growing at a CAGR of 6.87% during the forecast period (2024-2029).
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This research report categorizes the Data Center Power Market to forecast the revenues and analyze trends in each of the following sub-markets: GLOBAL DATA CENTER POWER MARKET SIZE, BY POWER DISTRIBUTION & MEASUREMENT, BY REGION, 2018-2030 (USD MILLION) BY SUPPORT & MAINTENANCE, BY REGION, 2018-2030 (USD MILLION)
Data Center Power Market Size & Trends. The global data center power market size was estimated at USD 8.76 billion in 2023 and is expected to grow at a CAGR of 8.1% from 2024 to 2030. The global expansion of data centers in
The global data center power market was estimated at USD 13.96 billion in 2023 and is expected to reach USD 26.45 billion by 2032, growing at a CAGR of 7.4%. North America held a 34.09% market share in 2023.
Market Analysis and Insights : Global Power Distribution Unit (PDU) Market. The Power Distribution Unit (PDU) market is expected to witness market growth at a rate of 7.72% in the forecast period of 2021 to 2028.
Data Center Power Market was estimated at USD 23.07 billion in 2023 and is expected to grow at a CAGR of 6.73% during the forecast 2024-2031. offering efficient UPS systems, intelligent power distribution units (PDUs), and cooling solutions tailored to the specific needs of modern data centers. What is the total CAGR expected to be
Forecasted Asia Pacific is expected to hold a dominant position in Data Center Power in 2030. Statistics: Asia Pacific held a dominant position in the global data center power market in 2021, accounting for a 38.3% share in terms of value, followed by North America and Europe. Figure 1: Global Data Center Power Market Share (%), By Region, 2021
The industry is witnessing an increased adoption of energy-efficient solutions, driven by rising energy costs and environmental concerns. The key trends include the integration of renewable energy sources, advancements in power management software, and the deployment of modular & scalable power infrastructure to meet the evolving data center needs.
Based on component, the market is divided into solution and service. In 2023, the solution segment accounted for a market share of around 64%. Solution-based approaches are gaining traction in the data center power market, offering comprehensive packages tailored to specific customer needs.
Data Center Power Market Achieved USD 20.3 billion in 2023 and projected to reach USD 32.5 billion in 2031 and increasing at a CAGR of 6.1% from 2024-2031. UPS is estimated to dominate the data center power market over the forecast period, due to the growing demand of UPS in data centers to offer a continuous voltage supply with the help of
Data Center Power Market Overview. The Data Center Power Market is projected to grow from USD 20.42 billion in 2024 to USD 31.6 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 5.60% during the forecast period (2024 - 2032). Additionally, the market size for Data Center Power was valued at USD 19.2 billion in 2023.
The global data center market size was valued at USD 194.81 billion in 2022 and is projected to grow at a CAGR of 10.9% from 2023 to 2030 The minimized energy and optimized power & cooling distribution systems allow the data centers to achieve sustainable cost savings in future years. The tier 4 segment is expected to register the
The Global Smart Power Distribution Systems Market was valued at US$ 35.29 Bn in 2023 and is anticipated to reach US$ 78.44 Bn by 2029 a CAGR of 14.24%. Innovation Center for smart grids launched by Iberdrola. Electrification in sectors such as transportation and the integration of more renewable energies require greater investments in
The data center power market is expanding with the growth of the adoption of advanced power distribution and management solutions by various data center designers, aiming to achieve energy efficiency with lower Power Usage Effectiveness (PUE) ratios.
The North America data center power management market accounted for 35% of the revenue share in 2023. The region is home to several established data center facilities and technology companies, driving the adoption of advanced power management solutions.
The global Data Center Power Market size was valued at $19.1 billion in 2020 and it is projected to reach $26.1 billion by the end of 2025 at a CAGR of 6.4% during the forecast period. The key factors driving the data center power market include growing construction of new data centers due to the rising demand for data storage by organizations across the globe; The unprecedented
Data Center Power Market - Forecasts from 2024 to 2029 - The data centre power market is expected to grow at a CAGR of 9.88%, reaching a market size of US$37.907 billion in 2029 from US$23.441 billion in 2024. Increasing demand for intelligent power distribution units leads to the growth in power distribution systems. As a result, data is
The data center power market size is forecast to increase by USD 22.9 billion at a CAGR of 11.25% between 2023 and 2028. The market is experiencing significant growth due to several key trends. Advanced power systems, such as power distribution units (PDUs) and uninterruptible power supply (UPS) batteries, play a crucial role in ensuring
The data center power market estimates a healthy growth rate of 6.2% CAGR during the forecast period to reach USD 31.0 billion by 2028. +1-313-307-4176 sales@stratviewresearch
Data center power market size was worth over USD 12.6 billion in 2023 and is estimated to expand at 7.5% CAGR from 2023 to 2032, driven by rising power consumption for data centers globally.
Data Center Rack Power Distribution Unit Market Report 2024: Trends, Forecast and Competitive Analysis to 2030 Featuring Schneider Electric, Cyber Power Systems, Eaton, Enlogic, and Cisco Systems
According to the report, North America holds the largest market share for data center power products. North America, particularly the United States, has been at the forefront of technological advancements, including the development and adoption of data centers.
The global data center power market size was valued at approximately USD 20 billion in 2023 and is expected to reach around USD 40 billion by 2032, growing at a compound annual growth rate (CAGR) of about 7.5% from 2024 to 2032.
The global data center power market value was US$ 7.50 billion in 2021. It is expected to grow at a CAGR of 7.4% between 2023 and 2032 Market growth is expected to be driven by the introduction of advanced power-saving systems and modular data centers. Due to the total ban on offline activities in most of the world, the COVID-19 epidemic
The data center power management market size surpassed USD 6.7 billion in 2023 and is expected to observe 7.1% CAGR from 2024 to 2032, driven by the rapid growth of digitalization, cloud computing, the Internet of Things (IoT), and big data analytics. Data Center Power Management Market Size in 2023: USD 6.7 Billion: Forecast Period: 2024
The U.S. data center power market by investment was valued at USD 8.86 billion in 2023 and is expected to reach USD 17.14 billion by 2029, growing at a CAGR of 11.63% during the forecast period. AI adoption is booming across industries in the U.S., particularly in North Virginia, Atlanta, and Dallas, driving the rise of AI data centers to meet
Market Analysis and Insights : Global Power Distribution Unit (PDU) Data Center Power Market. Power distribution unit (PDU) data center power market is expected to witness market growth at a rate of 6.50% in the forecast period of 2021 to 2028.
Global Data Center Power Market Size and Trends. The global data center power market size was valued at USD 23.34 billion in 2023 and reached USD 25.75 billion in 2024 is expected to reach USD 56.58 billion in 2032, growing at a CAGR of 10.34% over the forecast period (2024-32). As businesses increasingly rely on cloud computing for data storage,
The global data center power market size was valued at $11.2 billion in 2021, and is projected to reach $24 billion by 2031, growing at a CAGR of 8% from 2022 to 2031. A data center is a dedicated hardware structure created inside a building that incorporates networking, storage, and
The global data center power market size reached US$ 23.2 Billion in 2023, Expected to Hit US$ 37.5 Billion, CAGR of 5.3% during forecast 2024-2032. This includes developing more efficient UPS systems, power distribution units, energy storage solutions, and power management software. market forecasts, and dynamics of the data center
The global data center PDU market size by revenue is expected to cross USD 2.8 billion by 2025, growing at a CAGR of 4% during the forecast period. The increase in hyperscale facilities development in North America, APAC, Western Europe and Nordic countries is boosting the global rack PDU market growth.
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