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Data Center UPS Market Size, Growth, Development and Forecast Report 2030

12-20-2022 08:02 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: P&S Intelligence

Data Center UPS Market Size, Growth, Development and Forecast

The total value of the data center UPS market was $5,729 million in 2021, and will propel at a CAGR of 6.5% in the near future to reach a value of $10,097 million in 2030.The industry is augmented with the construction of new data centers, as required for data storage is increasing exponentially amongst all industries, mainly for providing big data solutions.

As UPS systems guard data centers from power outages and surges, the demand for the same is exponentially on the rise.

The requirement for up to 500-kVA UPS systems will experience the highest growth rate around 8%, in the near future. This can be due to the fact that they are extensively used in data centers of both large and small organizations for providing short-term backup energy when there is a voltage spike or a power outage.

Download sample pages of this report: https://www.psmarketresearch.com/market-analysis/data-center-ups-market/report-sample

Tier III data centers dominated the industry in the past, with a total revenue of around $3 billion. In the near future, it will also follow the same pattern. This is due to the fact that most data centers are constructed with tier III necessities and these are widely used by evolving and large businesses.

North America had the largest share in the data center UPS market in the recent past. This has a lot to do with the presence of major players like ABB Ltd., Schneider Electric and Eaton Corporation and North America has the largest of data center concentration globally.

The world is seeing increased number of power cuts and high spikes of voltage. For example, as per the U.S. Department of Energy data power outages have doubled in the last twenty or so years in the nation, and people averagely experienced over 8 eight power interruptions in the recent past, which impacted data center operations.

Browse full report at: https://www.psmarketresearch.com/market-analysis/data-center-ups-market

Therefore, the requirement for power backup systems has augmented the demand for data center UPS around the globe.

Browse more reports:

Data Center Power Generators Industry - https://www.psmarketresearch.com/press-release/data-center-power-generator-set-market

Data Center Power Industry - https://www.psmarketresearch.com/press-release/data-center-power-market

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About P&S Intelligence

P&S Intelligence provides market research and consulting services to a vast array of industries across the world. As an enterprising research and consulting company, P&S believes in providing thorough insights on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness. P&S keeps the interest of its clients at heart, which is why the insights we provide are both honest and accurate. Our long list of satisfied clients includes entry-level firms as well as multi-million-dollar businesses and government agencies.

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