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Data Center Power Management Market Is Expected To Witness A Huge Growth Over The Forecast Period | Key Players: DataSpan, Hewlett Packard Enterprise, Enlogic
Read more about Data Center Power Management Market here: https://www.globalinsightservices.com/reports/data-center-power-management-market/
Data Center Power Management is the process of managing the power consumption of data center resources in order to improve efficiency and reduce costs. This includes the monitoring and control of data center equipment, such as servers, storage, and networking equipment, as well as the cooling and ventilation systems.
Data center power management can be a challenge due to the variety of equipment that is used in a data center and the constantly changing power demands of the equipment. In order to be effective, data center power management must be able to adapt to changes in power consumption quickly and efficiently.
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Key Trends
There are a few key trends in data center power management technology. One is the use of virtualization and cloud technologies to help manage power consumption. This includes using virtualization to consolidate servers and using cloud-based monitoring and control systems to help optimize power usage.
Another trend is the use of more efficient power supplies and cooling systems. This includes using more efficient power supplies, such as those based on gallium nitride (GaN) technology, and using more efficient cooling systems, such as those that use liquid cooling.
Finally, there is a trend toward using renewable energy sources to power data centers. This includes using solar power, wind power, and other renewable energy sources to help offset the power consumption of data centers.
Key Drivers
The key drivers of Data Center Power Management market are the need for efficient utilization of energy, the need for reducing the carbon footprint, and the need for reducing the operational costs.
The ever-increasing amount of data being generated and stored is resulting in the need for more data centers. Data centers are energy-intensive, and their power consumption is growing at an alarming rate. In order to meet the growing demand for data center services, while also reducing their carbon footprint, data center operators are turning to power management solutions.
Power management solutions help data center operators to efficiently utilize energy, by reducing the amount of energy wasted through inefficient practices. For example, power management solutions can help data center operators to reduce the amount of energy wasted through server idling, by automatically shutting down servers when they are not needed.
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Market Segments
The data center power management market bifurcated on the basis of type, application, and region. On the basis of type, it is segmented into PDU, UPS, busway, and others. By application, it is analyzed across BFSI, government, manufacturing, IT & telecom, retail, healthcare, and others. Region-wise, it is studied across North America, Europe, Asia-Pacific, and rest of the World.
Key Players
The data center power management market report includes players such as Siemens AG, ABB, Eaton, Schneider Electric SE, DataSpan, Hewlett Packard Enterprise, Enlogic, ZPE Systems, Inc., Cyber Power Systems, Inc., and Toshiba Electronic Devices & Storage Corporation.
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