Uploaded on Sep 6, 2024
The Data Center Power Market is experiencing significant growth, driven by the rising demand for data processing and storage across various industries like cloud computing, AI, and big data.
Data Center Power Market: Growth Drivers, Challenges, and Competitive Landscape
Data Center Power Market
Overview
The global data center power market size was valued at $11.2 billion in 2021,
and is projected to reach $24 billion by 2031, growing at a CAGR of 8% from
2022 to 2031.
𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭
Data center power refers to the electrical energy supply and distribution
systems within a data center. It encompasses all components and infrastructure
required to power servers, networking equipment, cooling systems, and other
essential hardware. Effective data center power management is crucial for
ensuring continuous uptime, operational efficiency, and minimizing energy
costs. The Data Center Power Market is a critical component of the broader data
center infrastructure, focused on delivering reliable, efficient, and scalable
power solutions to meet the energy demands of modern data centers.
Covid-19 Impact
Impact of Covid-19 on the Global Data center power industry
• COVID-19 outbreak gave rise to a new business environment that will
increase demand for cloud services and digitization, having a
significant impact on the world global market for data center power.
• In the pandemic, the demand for online services such as gaming,
streaming video, live events, and others increased tremendously. So,
in order to meet the increased demand, technological innovating
companies focus on the installation of a highly reliable data center to
meet the demand.
• The pandemic outbreak has wreaked havoc on many other sectors of
the economy but has had a favorable effect on the market for data
center power. This is primarily due to the pandemic-era increase in
the work-from-home culture and demand for software as a service
(SaaS) in the pandemic era.
Key Industry
Developments
• June 2024 (Launch): Cisco unveiled a transformative AI cluster solution in
collaboration with NVIDIA for data centers, revolutionizing infrastructure
and software management. The Cisco Nexus HyperFabric AI cluster
integrates AI-native networking, NVIDIA accelerated computing, AI
software, and a robust VAST data store, empowering customers to
prioritize AI-driven innovation and business growth over IT administration.
• June 2024 (Collaboration): Hewlett Packard Enterprise (HPE) and Danfoss
partnered to launch HPE IT Sustainability Services – Data Center Heat
Recovery. This solution offers an off-the-shelf module for organizations to
efficiently manage and leverage excess heat, supporting their move
toward sustainable IT operations.
AI Governance Market Segments
By Product By End Use By Region
• UPS • IT & Telecom • North America (U.S., Canada,
• BFSI Mexico)
• PDU • Government
• Busway • Energy • Europe (Germany, United
• Others • Healthcare Kingdom, France, Spain, Italy, Rest
• Retail of Europe)
• Others
• Asia-Pacific (China, Japan, India,
South Korea, Australia, Rest Of Asia
Pacific)
• LAMEA (UAE, South Africa, Rest of
LAMEA, Brazil, Saudi Arabia)
Key Players
Cyber Power Systems b.v.,
ABB,
Siemens,
Anord Mardix,
Legrand,
Mitsubishi Electric,
PDU Experts UK,
Vertiv Group Corp.,
EATON,
Delta Electronics, Inc.
Contact Us
David Correa
1209 Orange Street
Corporation Trust Center
Wilmington
New Castle
Delaware 19801
USA Int'l: +1-503-894-6022
Toll Free: +1-800-792-5285
Fax: +1-800-792-5285
[email protected]
Thank You
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