Data Center Power Market to reach $27Bn: 5 Things to know

Data Center Power Market

1.   Data Center Power Market  is set to reach USD 27 billion, and grow at over 8% CAGR estimation from 2018 to 2024; according to a new research report by Global Market Insights, Inc.

2.  Several businesses are focusing on the implementation and construction of green infrastructure facilities owing to the rise in the consumption of electricity and carbon emissions. Green data centers are helping businesses to ensure energy efficiency by reducing carbon footprint and electricity consumption. The usage of these facilities is growing within the larger businesses and SMBs for the collection, evaluation, processing, and distribution of a vast amount of data in an incessant way. Companies operating in the entertainment and IT & telecom sector are implementing and using power management solutions for their infrastructure, providing an impetus to the data center power market growth.

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3. The colocation data center power market accounted for a majority of the industry share in several Asian and European countries over the last few years. Companies are gradually shifting their IT infrastructure to the cloud with colocation providers offering a perfect solution for cloud providers and business servers owing to which a sharp increase in the construction activities is being witnessed. In addition, the colocation providers are offering companies uninterrupted maintenance and services, thereby enhancing their performance and productivity.

4. In North America data center power market, factors including digitization and virtualization have led to the emergence of several cloud-based companies, which are playing a vital role in the regional growth. The growth is attributed to the presence of public cloud companies, such as Microsoft and Amazon, which are generating opportunities for construction of new data center coupled with the renovation of the legacy data centers. The U.S. was a major revenue generating country in 2016 as several providers were involved in powering the facilities for data center operation through renewable energy sources.

5. Major players operating in the data center power market include Schneider Electric S.A., Delta Electronics Inc, Emerson Corporation, General Electric Co., Mitsubishi Electric, ABB Ltd., Eaton Corporation, Siemens AG, and Ametek, Inc. Companies are looking to gain a market share in untapped regions with an enhanced product range.

Table of Content (TOC-)

Chapter 3.   Data Center Power Industry Insights

3.1.    Industry segmentation

3.2.    Industry landscape, 2013 – 2024

3.2.1. Global data center industry landscape

3.2.1.1.    North America

3.2.1.2.    Europe

3.2.1.3.    Asia Pacific

3.2.1.4.    South America

3.2.1.5.    MEA

3.2.2. Data center UPS industry landscape, 2013 – 2024

3.2.2.1.    Data center UPS market size, by region, 2013 – 2024

3.2.2.1.1.    North America

3.2.2.1.2.    Europe

3.2.2.1.3.    Asia Pacific

3.2.2.1.4.    South America

3.2.2.1.5.    MEA

3.3.    Industry ecosystem analysis

3.3.1. Vendor matrix

3.4.    Technology landscape

3.5.    Regulatory landscape

3.5.1. North America

3.5.2. Europe

3.5.3. Asia Pacific

3.5.4. South America

3.5.5. MEA

3.6.    Industry impact forces

3.6.1. Growth drivers

3.6.1.1.    Rising power consumption of data centers globally

3.6.1.2.    Development and growing usage of modular data centers

3.6.1.3.    Shift towards more intelligent power managing products

3.6.1.4.    Growing demand for high power ratings

3.6.1.5.    Increasing usage of OTT content services in North America

3.6.1.6.    Rapid infrastructure development of various end-use segments in Europe

3.6.1.7.    Widespread adoption of cloud computing and IoT in Asia Pacific

3.6.1.8.    Rapidly developing IT infrastructure in China and India

3.6.1.9.    Rise in number of data centers in South America

3.6.1.10.     Increasing urbanization in MEA

3.6.2. Industry pitfalls and challenges

3.6.2.1.    Slowdown in the semiconductor industry

3.6.2.2.    Rising cost for raw materials and skilled labor

3.6.2.3.    Complexity of data center designs

3.6.2.4.    High initial investments

3.7.     Growth potential analysis

3.7.1. Business model

3.8.    Porter’s analysis

3.8.1. Threat of new entrants

3.8.2. Buyer power

3.8.3. Supplier power

3.8.4. Threat of substitutes

3.8.5. Industry rivalry

3.9.    Competitive landscape, 2016

3.9.1. Strategy dashboard

3.10.  PESTEL analysis

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About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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