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Global Data Center Power Market size is expected to reach US$ 16.3 Bn by 2026.

Global Data Center Power Market is segmented into solution (Power Distribution Units, Power Management Software, Power Back-up Devices (UPS, Generators, etc.), Others), services (Consulting Services, System Integration Services, Maintenance and Support Services), size of data center (Small Data Center, Mid-Size Data Center, Large Data Center), vertical (Banking, Financial Services and Insurance, Telecommunication and IT, Healthcare, Energy and Power, Retail, Government and Public, Military and Defense, Manufacturing, Education and Research, Transportation and Logistics, Others), geography (North America, Asia Pacific, Europe, Latin America, Middle East & Africa) is expected to reach US$ 16.3 Bn by 2026.
Market has witnessed an extraordinary growth in technologies and services focused by data centers. Technologies like cloud computing, needs a high computational power, but, it offers benefits like improved scalability, effectiveness, and flexibility of business operations, which has resulted in a several medium-sized initiatives to incorporate actual data centers, like web hosting cloud and colocation data centers. Also, growing usage of data centers has caused in the increasing implementation of mega and cloud data centers. These datacenters needs power in large quantities for peak data-intensive operations, which subsequently drives demand for UPS and PDUs.
Increasing cost of energy and awareness regarding energy management has ensued designers to select for intelligent power management solutions. Intelligent power strips, PUE monitoring devices, and battery monitoring devices are some newest technologies used to enhance energy consumption in data centers and minimize the PUE ratio.
Market analysis on the implementation of data center power solutions by end user contains mid-size data centers, enterprise level data centers, and large data centers. Market has also been segmented across verticals like BFSI, IT and telecommunication, government, healthcare, energy, and others. IT and telecommunication vertical is expected to be valued at high market size of US$ 7 Billion by 2020.
Integration of data center power solution also eradicates discrepancies in power supply via UPS systems. Rampant digitization and boom in cloud computing has reflected favorably on the global data center power market. Moreover, increased internet penetration in developing countries and growing number of social media users are some of key factors that are making data centers extremely important. Many of businesses are now moving online to increase their overall presence and extend offshore operations. As a result, there is a necessity for large volumes of virtual storage systems and computing needs. Data centers offer cloud-based infrastructures that facilitates such computing operations.
Maximize Market Research has comprehensively analysed Global Data Center Power Market. The driving forces as well as considerable restraints have been explained in depth to attain a balanced scenario. Segment wise market size and market share during the forecast years is duly addressed to portray the probable picture of this exuberant industry. The competitive landscape comprising of key innovators, service providers, market giants as well as niche players is studied and analysed extensively with respect to their strengths, weaknesses as well as value addition prospects. Report presents significant case studies along with the success stories to motivate and guide the like minds. In addition, Report displays current consolidation trends with respect to prominent mergers and acquisitions, consequent Market fragmentation, new trends and dynamics in partnerships, emerging business models. This will enable the reader to comprehend whole Data Center Power Market with utmost ease and clarity.
Browse the Market Data Tables and Figures Spread Through a Comprehensive Research Report and In-Depth TOC on “Global Data Center Power Market.”
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