Data Center Power Market, Top Companies Overview, Business Growth, Demand, and Forecast 2022-2027

According to the latest report by IMARC Group, titled "Data Center Power Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" The global data center power market reached a value of US$ 20.4 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 29.8 Billion by 2027, exhibiting at a CAGR of 6.4% during 2022-2027.

Data center power refers to a power management solution that is deployed to manage the power usage effectiveness and the efficiency of data centers. It helps distribute power to data center racks from the utility grid and provides power during electricity cuts, thus promoting business continuity. These solutions adopt Power Distribution Units (PDUs), Uninterrupted Power Supply (UPS) devices, and battery monitoring systems to attain energy efficiency at lesser Power Usage Effectiveness (PUE) ratios.

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Competitive Landscape with Key Players:

Some of the key players being ABB, Black Box Corporation, Eaton Corporation, General Electric, Legrand SA, Delta Electronics, Schneider Electric, Raritan Corporation, Cisco Systems, Vertiv Co., Tripp Lite, Huawei, Generac Power Systems, Fujitsu, Cyber Power Systems, Server Technology, etc.

Global Data Center Power Market Trends:

The global data center power market is primarily driven by the increasing utilization of cloud computing devices and the growing demand for large storage capacities and cache memories of servers across organizations. In line with this, the widespread adoption of energy-efficient and cost-effective power systems to reduce operational expenses, along with the introduction of innovative power solutions to meet the evolving needs of modern infrastructure are significantly contributing to the market growth.

Furthermore, the increasing expenditure by the leading players in renovating data centers to enhance adaptability, cost-efficiency, and reliability is strengthening the market growth. Besides this, governments of various nations and other enterprises are considerably investing in improving the overall data security of their systems, which is further supporting the market growth.

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Key Market Segmentation:

Breakup by Solution Type:

• Power Distribution and Measurement
• Intelligent PDUs
• Non-Intelligent PDUs
• Monitoring Software
• Power Backup
• UPS Devices
• Generators
• Cabling Infrastructure
• Transfer Switches
• Switchgea

Breakup by Service Type:

• System Integration
• Training and Consulting
• Support and Maintenanc

Breakup by Size:

• Mid-Size Data Center
• Enterprise Data Center
• Large Data Cente

Breakup by Vertical:

• BFSI
• Telecommunication and IT
• Energy
• Manufacturing
• Others

Breakup by Region:

• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key Highlights of the Report:

• Market Performance 2016-2021
• Market Outlook 2022-2027
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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