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    North America    Europe    Asia Pacific    South America    MEA

3.2.2. Data center UPS industry landscape, 2013 – 2024    Data center UPS market size, by region, 2013 – 2024    North America    Europe    Asia Pacific    South America    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    Rising power consumption of data centers globally    Development and growing usage of modular data centers    Shift towards more intelligent power managing products    Growing demand for high power ratings    Increasing usage of OTT content services in North America    Rapid infrastructure development of various end-use segments in Europe    Widespread adoption of cloud computing and IoT in Asia Pacific    Rapidly developing IT infrastructure in China and India    Rise in number of data centers in South America     Increasing urbanization in MEA

3.6.2. Industry pitfalls and challenges    Slowdown in the semiconductor industry    Rising cost for raw materials and skilled labor    Complexity of data center designs    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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