Global Data Center Power Market Research Report 2018-2023 – Revenues To Cross $ 19 Billion | Arizton

Latest market research report on data center power market, published by Arizton Advisory & Intelligence , forecasts that the market revenue will reach $19 billion by 2023.
Analysts at Arizton further adds that the global data center power market will grow at a CAGR more than 6% during 2017-2023.
The increasing adoption of automation and monitoring solutions that help reduce power consumption and wastage is propelling the growth of the global data center power market. The integration of DCIM solutions that reduces the power consumption, carbon emission, and inefficiency of traditional systems will transform the global market over the next few years.
The top trends driving the global data center power market are
• Availability of power resources and tax Incentives
• Use of fuel cells in data center
• Increase in adoption of diesel-rotary UPS systems

The UPS segment dominated the majority of the market share in 2017, growing at a CAGR of over 6% during the forecast period. The increase in adoption of flywheel or lithium ion UPS systems is augmenting the growth of the data center UPS system. Furthermore, the data center power market report says that more than 1000 kVA UPS systems will occupy around 1/3rd of the global market share.
The Diesel generators will continue to dominate the global data center power market by generator segment. The portability and cost-effectiveness of the less than 1 MW generators will boost the demand for these generators and hence the segment will witness the fastest growth during the forecast period.
Tier III segment occupied the largest market share in 2017, growing at a CAGR of more than 5% during the forecast period. The increasing number of modular facilities deployments with a minimum of 2N redundancy across power infrastructures is propelling the development of this segment in the global market.
The Americas data center power market will remain the dominant market worldwide. The increasing investment by colocation providers, hyperscale facilities operators, enterprises, and government agencies is propelling the growth of the American region.
The growing internet population, increasing use of social media, penetration of smartphones, adoption of public cloud and hybrid cloud services, and the need for enterprises to migrate from a server room environment to datacenters are some of the factors that will make the APAC data center power market growth fastest compared to other regions.
To know more about the global data center power market order a sample: https://www.arizton.com/market-reports/data-center-power-market

You can also view the
Data Center Power Market in Americas - Industry Outlook and Forecast 2018-2023
https://www.arizton.com/market-reports/data-center-power-market-americas

Data Center Power Market in Latin America- Industry Outlook and Forecast 2018-2023
https://www.arizton.com/market-reports/data-center-power-market-latin-america

Data Center Power Market in US- Industry Outlook and Forecast 2018-2023
https://www.arizton.com/market-reports/data-center-power-market-us

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