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Data Center UPS Market Worth $5.67 Billion by 2020 | CAGR: 7.3%: Grand View Research, Inc.SAN FRANCISCO, June 11, 2018 /PRNewswire/ -- The global data center UPS market size is anticipated to reach USD 5.67 billion by 2020, according to a new report by Grand View Research, Inc., expanding at a CAGR of 7.3% during the forecast period. Increasing adoption of cloud computing services and soaring need for uninterrupted power to ensure efficient operations in banks, financial institutions, and businesses are expected to propel the data center uninterruptible power supply market. (Logo: https://mma.prnewswire.com/media/661327/Grand_View_Research_Logo.jpg ) Demand for UPS systems is witnessing considerable increase as a result of growing adoption of cloud servers. Manufacturers are more focused on developing systems with lower ownership cost, greater efficiency, and are also increasingly investing in developing reliable technology in order to fulfill surging demand for cloud computing. Several organizations are prioritizing UPS installations to prevent losses occurring due to power outages, especially in developing and underdeveloped economies where there are frequent power outages. Utility power fluctuates widely enough to aid during malfunction of IT equipment. As per the U.S. standards, the voltage can legally vary from 5.7% to 8.3% under absolute specifications, which translates to an input voltage that varies from 191 volts to 220 volts for utility services, which promise 208-phase voltage. Additionally, utility power is 99.9% reliable in the U.S., which may result in approximately nine hours of power interruptions every year. In emerging economies such as India, China, and Brazil, power outages are considered as a regular occurrence, which triggers the need for installations of data center UPS to safeguard the equipment. Browse full research report with TOC on "Data Center UPS (Uninterruptible Power Supply) Market Size, Share & Trends Analysis Report By Product (Small Data Centers, Medium Data Centers, Large Data Centers), By region, And Segment Forecasts, 2012 - 2020" at: https://www.grandviewresearch.com/industry-analysis/data-center-ups-market Further Key Findings From the Report Suggest:
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Grand View Research has segmented the global data center UPS market report based on product and region:
Explore the BI enabled intuitive market research database, The Grand Library, by Grand View Research, Inc. About Grand View Research Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare. Contact: Web: https://www.grandviewresearch.com |