|[February 16, 2017]
$21.73 Billion Data Center Power Market 2017 by Solution, Service, End-User Type, Vertical, and Region - Global Forecast to 2021 - Research and Markets
Research and Markets has announced the addition of the "Data
Center Power Market by Solution (Power Distribution & Measurement, Power
Backup, Cabling Infrastructure), Service (System Integration, Training &
Consulting, Support & Maintenance), End-User Type, Vertical, and Region
- Global Forecast to 2021" report to their offering.
Factors such as growing concern to optimize operational cost, increase
in demand for data storage, and the requirement of efficient power
management to minimize the high consumption of energy are anticipated to
boost the data center power market during the forecast
The market is driven by factors, such as the need for cost-effective
power consumption, reliable & efficient power supply, scalability,
rising awareness about increasing operational cost due to rise in power
cost among enterprises globally, and reduced cost of ownership. However,
enterprises face some hindrance while adopting data center power
solutions, such as complexities involved in application
interoperability, high initial cost of investment, and rise in adoption
of containerized data center.
The power distribution and measurement segment is expected to have the
highest growth rate due to the rse in growing concern about the
increasing cost of energy, which made the enterprises to adopt
intelligent Power Distribution Units (iPDU) and measurement solutions to
monitor data center power consumption. These benefits increased the unit
shipments of power distribution and measurement components by the data
center providers globally.
The system integration segment is expected to have the largest market
share, owing to its special integration service of data center equipment
to achieve high performance infrastructure and data center efficiency.
The integration of the overall system is very important for successful
business outcomes. There are many companies providing system integration
services that provide additional features and functionalities and
provide a reliable environment required for the installation of highly
efficient power facility in data centers.
Increasing Need of Enterprises to Reduce Operational Expenses
Anomalies in Power Supply Through UPS System
Rise in Digitization and Cloud Computing
High Initial Investment
Increase in Renovation of Data Centers
Emergence of Modular Data Centers
Increasing Use of Modular PDUs Among Data Centers
Growing Adoption of Green Data Centers
Black Box Corporation
Cyber Power Systems, Inc.
Delta Electronic Inc.
Eaton Corporation (News - Alert)
Hewlett Packard Enterprise Company
Schneider Electric (News - Alert)
Server Technology Inc.
For more information about this report visit http://www.researchandmarkets.com/research/vkdfw5/data_center_power
View source version on businesswire.com: http://www.businesswire.com/news/home/20170216005975/en/
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