openPR Logo
Press release

Data Center Power Market on Track to Hit USD 20.73 Billion by 2034 with 8.2% CAGR

11-13-2024 07:12 AM CET | IT, New Media & Software

Press release from: Polaris Market Research & Consulting

Data Center Power Market

Data Center Power Market

๐ƒ๐š๐ญ๐š ๐‚๐ž๐ง๐ญ๐ž๐ซ ๐๐จ๐ฐ๐ž๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ, ๐’๐ข๐ณ๐ž ๐‘๐ž๐ฏ๐ž๐ง๐ฎ๐ž, ๐Ž๐ฎ๐ญ๐ฅ๐จ๐จ๐ค, ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ, ๐š๐ง๐ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ. ๐“๐ก๐ž ๐๐š๐ญ๐š ๐œ๐ž๐ง๐ญ๐ž๐ซ ๐ฉ๐จ๐ฐ๐ž๐ซ ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ฐ๐š๐ฌ ๐ž๐ฌ๐ญ๐ข๐ฆ๐š๐ญ๐ž๐ ๐ญ๐จ ๐›๐ž ๐ฐ๐จ๐ซ๐ญ๐ก ๐”๐’๐ƒ ๐Ÿ—.๐Ÿ’๐Ÿ’ ๐›๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ’ ๐š๐ง๐ ๐ข๐ฌ ๐ฉ๐ซ๐ž๐๐ข๐œ๐ญ๐ž๐ ๐ญ๐จ ๐ž๐ฑ๐ฉ๐š๐ง๐ ๐ญ๐จ ๐”๐’๐ƒ ๐Ÿ๐ŸŽ.๐Ÿ•๐Ÿ‘ ๐›๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐›๐ฒ ๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ’, ๐ฐ๐ข๐ญ๐ก ๐š ๐‚๐€๐†๐‘ ๐จ๐Ÿ ๐Ÿ–.๐Ÿ% ๐Ÿ๐ซ๐จ๐ฆ ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ“ ๐ญ๐จ ๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ’.

๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐’๐œ๐จ๐ฉ๐ž:

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.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐…๐จ๐ซ ๐š ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐ฐ๐ข๐ญ๐ก ๐€๐ง ๐„๐ฑ๐œ๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ž ๐‹๐จ๐จ๐ค ๐š๐ญ ๐ญ๐ก๐ž ๐‹๐š๐ญ๐ž๐ฌ๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ ๐š๐ง๐ ๐”๐ฉ๐œ๐จ๐ฆ๐ข๐ง๐  ๐€๐๐ฏ๐š๐ง๐œ๐ž๐ฆ๐ž๐ง๐ญ๐ฌ: https://www.polarismarketresearch.com/industry-analysis/data-center-power-market/request-for-sample

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ƒ๐ž๐Ÿ๐ข๐ง๐ข๐ญ๐ข๐จ๐ง:

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.

๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ ๐š๐ง๐ ๐“๐ซ๐ž๐ง๐๐ฌ:

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.

๐๐ž๐ž๐ ๐Œ๐จ๐ซ๐ž ๐ˆ๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง? ๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐ฆ๐จ๐ซ๐ž ๐š๐›๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐›๐ž๐Ÿ๐จ๐ซ๐ž ๐ฉ๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž: https://www.polarismarketresearch.com/industry-analysis/data-center-power-market/inquire-before-buying

๐“๐จ๐ฉ ๐‚๐จ๐ฆ๐ฉ๐š๐ง๐ข๐ž๐ฌ:

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:

โ€ข Black Box
โ€ข Eaton
โ€ข Equinix Inc.
โ€ข GDS Holdings
โ€ข Generac Power Systems, Inc.
โ€ข General Electric Company
โ€ข Huawei Technologies Co., Ltd.
โ€ข Legrand
โ€ข Rittal GmbH & Co. KG
โ€ข Schneider Electric
โ€ข Vertiv Group Corp.

๐‚๐จ๐ฎ๐ง๐ญ๐ซ๐ฒ-๐–๐ข๐ฌ๐ž ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:

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.

๐ƒ๐š๐ญ๐š ๐‚๐ž๐ง๐ญ๐ž๐ซ ๐๐จ๐ฐ๐ž๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‡๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ:

โ€ข 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.
โ€ข 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.
โ€ข 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.

๐๐ซ๐จ๐ฐ๐ฌ๐ž ๐…๐ฎ๐ฅ๐ฅ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/industry-analysis/data-center-power-market

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ฅ ๐Ž๐ฎ๐ญ๐ฅ๐จ๐จ๐ค:

Polaris Market Research has segmented the data center power market report based on component, data center size, end users, and vertical:

๐๐ฒ ๐‚๐จ๐ฆ๐ฉ๐จ๐ง๐ž๐ง๐ญ ๐Ž๐ฎ๐ญ๐ฅ๐จ๐จ๐ค
โ€ข Solutions
โ€ข Power Distribution
โ€ข Power Monitoring
โ€ข Power Backup
โ€ข Cabling Infrastructure
โ€ข Services
โ€ข Design and Consulting
โ€ข Support and Maintenance
โ€ข Integration and Deployment

๐๐ฒ ๐ƒ๐š๐ญ๐š ๐‚๐ž๐ง๐ญ๐ž๐ซ ๐’๐ข๐ณ๐ž ๐Ž๐ฎ๐ญ๐ฅ๐จ๐จ๐ค
โ€ข Small and Medium Sized
โ€ข Large Sized

๐๐ฒ ๐„๐ง๐ ๐”๐ฌ๐ž๐ซ๐ฌ ๐Ž๐ฎ๐ญ๐ฅ๐จ๐จ๐ค
โ€ข Cloud Providers
โ€ข Enterprises
โ€ข Others

๐๐ฒ ๐•๐ž๐ซ๐ญ๐ข๐œ๐š๐ฅ ๐Ž๐ฎ๐ญ๐ฅ๐จ๐จ๐ค

โ€ข Banking, Financial Services, And Insurance (BFSI)
โ€ข Energy & Utilities
โ€ข Government and Defense
โ€ข Telecommunication
โ€ข Healthcare
โ€ข IT & ITES
โ€ข Other Verticals

๐๐ซ๐จ๐ฐ๐ฌ๐ž ๐๐Œ๐‘'๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‚๐จ๐ฏ๐ž๐ซ๐š๐ ๐ž ๐Ÿ๐ซ๐จ๐ฆ ๐ƒ๐ข๐Ÿ๐Ÿ๐ž๐ซ๐ž๐ง๐ญ ๐๐ฎ๐›๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง๐ฌ:

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

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ:
Likhil G
8 The Green Ste 19824,
Dover, DE 19901,
United States
Phone: +1-929 297-9727
Email: sales@polarismarketresearch.com
Web: https://www.polarismarketresearch.com
Follow Us: LinkedIn | Twitter

๐€๐›๐จ๐ฎ๐ญ ๐๐จ๐ฅ๐š๐ซ๐ข๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก & ๐‚๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐ข๐ง๐ , ๐ˆ๐ง๐œ:
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.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Data Center Power Market on Track to Hit USD 20.73 Billion by 2034 with 8.2% CAGR here

News-ID: 3732041 • Views: โ€ฆ

More Releases from Polaris Market Research & Consulting

Granite Market Projected to Reach USD 6.63 Billion by 2034, Growing at a CAGR of 5.2%
Granite Market Projected to Reach USD 6.63 Billion by 2034, Growing at a CAGR of โ€ฆ
Polaris Market Research has released new insights into the Granite market, highlighting key developments, evolving trends, and growth prospects across major regions and segments. The report delivers an in-depth analysis of market dynamics, competitive shifts, and strategic outlooks to support informed decision-making for businesses and investors. Market at a Glance In 2024, the market was valued at USD 3.99 billion and is anticipated to grow to USD 6.63 Billion by 2034. Itโ€ฆ
Molecular Diagnostics for Sexually Transmitted Diseases Market to Reach USD 7.85 Billion by 2034, Growing at a CAGR of 7.5%
Molecular Diagnostics for Sexually Transmitted Diseases Market to Reach USD 7.85 โ€ฆ
Polaris Market Research announces the release of its latest study on the Molecular Diagnostics For Sexually Transmitted Diseases market. It offers comprehensive insights into all the key market aspects, including industry trends, market dynamics, competitive landscape, and strategic developments. The report is designed to help stakeholders make strategic decisions in the rapidly evolving market landscape. According to the findings, the market stood at 3.82 billion in 2024 and is expected toโ€ฆ
Higher Alpha Olefins Market Projected to Hit USD 20.01 Billion by 2034, Expanding at a CAGR of 6.8%
Higher Alpha Olefins Market Projected to Hit USD 20.01 Billion by 2034, Expandin โ€ฆ
Polaris Market Research announces the release of its latest study on the Higher Alpha Olefins market. It offers comprehensive insights into all the key market aspects, including industry trends, market dynamics, competitive landscape, and strategic developments. The report is designed to help stakeholders make strategic decisions in the rapidly evolving market landscape. According to the findings, the market stood at 10.39 billion in 2024 and is expected to reach 20.01 billionโ€ฆ
Direct Oral Anticoagulants (DOACs) Device Market to Reach USD 64.83 Billion by 2034, Growing at a CAGR of 7.44%
Direct Oral Anticoagulants (DOACs) Device Market to Reach USD 64.83 Billion by 2 โ€ฆ
Polaris Market Research announces the release of its latest study on the Direct Oral Anticoagulants (DOACs) Device market. It offers comprehensive insights into all the key market aspects, including industry trends, market dynamics, competitive landscape, and strategic developments. The report is designed to help stakeholders make strategic decisions in the rapidly evolving market landscape. According to the findings, the market stood at 31.67 billion in 2024 and is expected to reachโ€ฆ

All 5 Releases


More Releases for Power

Thermal power Market is Gaining Momentum with Enel, TATA Power, Reliance Power
The Latest Released Thermal power market study has evaluated the future growth potential of Thermal power market and provides information and useful stats on market structure and size. The report is intended to provide market intelligence and strategic insights to help decision-makers take sound investment decisions and identify potential gaps and growth opportunities. Additionally, the report also identifies and analyses changing dynamics, and emerging trends along with essential drivers, challenges,โ€ฆ
Japan Power Market Outlook to 2030, Update 2018 โ€“ The Kansai Electric Power, C โ€ฆ
Japan Power Market This report elaborates Japan's power market structure and provides historical and forecast numbers for capacity, generation, and consumption up to 2030. Detailed analysis of the Japanese power market's regulatory structure, import and export trends, competitive landscape, and power projects at various stages of the supply chain is provided. The report also gives a snapshot of the power sector in Japan on broad parameters of macroeconomics, supply security, generationโ€ฆ
Global Power Rental Market Insight Report 2018 - Rental Power Solutions, Power E โ€ฆ
The global "Power Rental" Market research report gives point to point breakdown along with the data of Power Rental marketโ€™s analytical study, regional analysis, growth factors and leading companies. The research report about the market provides the data about the aspects which drive the expansion of Power Rental industry. The Power Rental market consists of large key companies who play a vital role in the production, manufacturing, sales and distributionโ€ฆ
Japan: Geothermal Power Market Power Plants, Regulations and Company Profiles 20 โ€ฆ
"Geothermal Power in Japan, Market Outlook to 2030, Update 2018-Capacity, Generation, Power Plants, Regulations and Company Profiles", is the latest report from Publisher, the industry analysis specialists that offer comprehensive information and understanding of the Geothermal market in Japan. The report provides an in-depth analysis on global renewable power market and global Geothermal market with forecasts up to 2030. The report analyzes the power market scenario in Japan (includes conventional Hydro,โ€ฆ
Fluid Power Systems Market SWOT Analysis by Key Players: Parker, Eaton, Tokyo Ke โ€ฆ
QY Research has lately published a new report on โ€œGlobal Fluid Power Systems Market: Industrial Chain Market Insights, Growth Trends and Competitive Analysis 2025,โ€ for the forecasted period 8-years, i.e. between 2017 and 2025. The Fluid Power Systems market was valued at Million US$ in 2017 and is projected to reach Million US$ by 2025, at a CAGR of during the forecast period. In this study, 2017 has been consideredโ€ฆ
New research on Medical Power Supply Market To 2022 Profiling SL Power Electroni โ€ฆ
This Global Medical Power Supply market research is an intelligence report with meticulous efforts undertaken to study the right and valuable information. The data which has been looked upon is done considering both, the existing top players and the upcoming competitors. Business strategies of the key players and the new entering market industries are studied in detail. Well explained SWOT analysis, revenue share and contact information are shared in thisโ€ฆ