Press release
Data Center Power Market on Track to Hit USD 20.73 Billion by 2034 with 8.2% CAGR
Data Center Power Market
๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐จ๐ฉ๐:
This comprehensive study provides an accurate overview of the worldwide data center power market. Comprehensive analyses of sales volume, price, revenue, market share, and important companies are included. The market is further divided into segments by component, data center size, end user, vertical, and region in the study, which offers a comprehensive picture of the state of the market.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐จ๐ซ ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐ฐ๐ข๐ญ๐ก ๐๐ง ๐๐ฑ๐๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ ๐๐จ๐จ๐ค ๐๐ญ ๐ญ๐ก๐ ๐๐๐ญ๐๐ฌ๐ญ ๐๐ซ๐๐ง๐๐ฌ ๐๐ง๐ ๐๐ฉ๐๐จ๐ฆ๐ข๐ง๐ ๐๐๐ฏ๐๐ง๐๐๐ฆ๐๐ง๐ญ๐ฌ: https://www.polarismarketresearch.com/industry-analysis/data-center-power-market/request-for-sample
๐๐๐ซ๐ค๐๐ญ ๐๐๐๐ข๐ง๐ข๐ญ๐ข๐จ๐ง:
A data center is recognized as a self-sufficient entity located within a structure. It serves to accommodate computing hardware like servers along with various elements such as networking, telecommunications, and storage solutions. Every data center utilizes both alternating current (AC) and direct current (DC) power, as AC is frequently transformed into DC or the other way around.
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐๐ง๐ ๐๐ซ๐๐ง๐๐ฌ:
โ The swift growth of the digital economy and the rising trend of digitalization have resulted in the surge of new data centers. The increase in data center construction has, in turn, heightened the demand for power management solutions.
โ The swift growth in data traffic, driven by digital transformation, remote work, streaming services, and e-commerce, requires the development and improvement of data center infrastructure.
๐๐๐๐ ๐๐จ๐ซ๐ ๐๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง? ๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐ฆ๐จ๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐๐๐๐จ๐ซ๐ ๐ฉ๐ฎ๐ซ๐๐ก๐๐ฌ๐: https://www.polarismarketresearch.com/industry-analysis/data-center-power-market/inquire-before-buying
๐๐จ๐ฉ ๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐๐ฌ:
The market is marked by fierce competition, and the leading companies rely on innovative technology, superior goods, and a strong brand identity to boost sales. Here are the top companies in the data center power market:
โข Black Box
โข Eaton
โข Equinix Inc.
โข GDS Holdings
โข Generac Power Systems, Inc.
โข General Electric Company
โข Huawei Technologies Co., Ltd.
โข Legrand
โข Rittal GmbH & Co. KG
โข Schneider Electric
โข Vertiv Group Corp.
๐๐จ๐ฎ๐ง๐ญ๐ซ๐ฒ-๐๐ข๐ฌ๐ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
According to regional analysis, in 2024, North America held the largest market share. North America has become a hub for groundbreaking developments in power solutions, especially regarding renewable energy resources, energy-efficient technologies, and smart grid innovations.
Also, during the projection period, Asia Pacific is anticipated to grow at the highest CAGR. The region is undergoing a swift digital transformation characterized by the extensive embrace of digital services, e-commerce, and cloud computing.
๐๐๐ญ๐ ๐๐๐ง๐ญ๐๐ซ ๐๐จ๐ฐ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ:
โข In 2024, the banking, financial services, and insurance (BFSI) segment accounted for the largest revenue share in the data center power market due to its high demand for secure, reliable, and scalable data storage and processing capabilities to manage vast amounts of sensitive financial data.
โข The large-sized segment is growing at the highest CAGR due to the increasing need for high-capacity data storage and processing power to support expanding enterprise operations and big data analytics.
โข In 2024, North America accounted for the largest market share in the data center power market due to its advanced technological infrastructure, significant presence of major data center operators, high demand for cloud services, and substantial investments in renewable energy and energy-efficient power solutions.
๐๐ซ๐จ๐ฐ๐ฌ๐ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/industry-analysis/data-center-power-market
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ฅ ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค:
Polaris Market Research has segmented the data center power market report based on component, data center size, end users, and vertical:
๐๐ฒ ๐๐จ๐ฆ๐ฉ๐จ๐ง๐๐ง๐ญ ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค
โข Solutions
โข Power Distribution
โข Power Monitoring
โข Power Backup
โข Cabling Infrastructure
โข Services
โข Design and Consulting
โข Support and Maintenance
โข Integration and Deployment
๐๐ฒ ๐๐๐ญ๐ ๐๐๐ง๐ญ๐๐ซ ๐๐ข๐ณ๐ ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค
โข Small and Medium Sized
โข Large Sized
๐๐ฒ ๐๐ง๐ ๐๐ฌ๐๐ซ๐ฌ ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค
โข Cloud Providers
โข Enterprises
โข Others
๐๐ฒ ๐๐๐ซ๐ญ๐ข๐๐๐ฅ ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค
โข Banking, Financial Services, And Insurance (BFSI)
โข Energy & Utilities
โข Government and Defense
โข Telecommunication
โข Healthcare
โข IT & ITES
โข Other Verticals
๐๐ซ๐จ๐ฐ๐ฌ๐ ๐๐๐'๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฏ๐๐ซ๐๐ ๐ ๐๐ซ๐จ๐ฆ ๐๐ข๐๐๐๐ซ๐๐ง๐ญ ๐๐ฎ๐๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง๐ฌ:
Project Portfolio Management (PPM) Market: https://www.whatech.com/og/markets-research/financial-services/887933-project-portfolio-management-ppm-market-size-expected-to-reach-usd-10-5-billion-by-2030-with-cagr-10-54.html
IoT Professional Services Market: https://www.whatech.com/og/markets-research/it/888529-iot-professional-services-market-size-expected-to-reach-usd-206-90-billion-by-2032-with-cagr-6-5.html
Behavioral Biometrics Market: https://www.whatech.com/og/markets-research/it/887253-rapid-growth-of-behavioral-biometrics-market-to-9-345-99-million-usd-projected-cagr-of-25-10-by-2032.html
Model Based Enterprise Market: https://whatech.com/og/markets-research/it/836000-model-based-enterprise-market-market-size-share-and-future-prospects-for-2024-2032.html
Wireless Broadband in Public Safety Market: https://whatech.com/og/markets-research/it/884161-wireless-broadband-in-public-safety-market-set-to-reach-usd-219-84-billion-by-2032-with-a-notable-cagr-of-24-1.html
๐๐จ๐ง๐ญ๐๐๐ญ:
Likhil G
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๐๐๐จ๐ฎ๐ญ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก & ๐๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐ข๐ง๐ , ๐๐ง๐:
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR's clientele spread across different enterprises. We at Polaris are obliged to serve PMR's diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR's customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR's customers.
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