Data Center UPS Market value to exceed USD 5 Bn by 2026: Global Market Insights, Inc.
SELBYVILLE, Delaware, Dec. 11, 2019 /PRNewswire/ -- According to latest report "Data Center UPS Market by Component (Solution [Standby UPS, Line Interactive UPS, Online UPS], Service [Managed, Professional]), Data Center Size (Small, Medium, Large), Application (BFSI, Colocation, Energy, Government, Healthcare, Manufacturing, IT & Telecom), Regional Outlook, Price Trends, Competitive Market Share & Forecast 2026", by Global Market Insights, Inc., the market valuation of data center UPS will surpass $5 billion by 2026. Increasing number of new data centers globally will drive the market growth over the forecast timespan.
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Some major findings of the data center UPS market report include:
Growing need for data storage is encouraging cloud service providers to construct a large number of data centers globally, resulting in the consumption of a large amount of energy. In order to reduce PUE ratio and increase energy efficiency, data center operators are implementing advanced power management devices such as smart UPS, intelligent rack PDUs, and battery monitoring equipment. This trend is anticipated to continue further in the data center industry over the forecast period. Moreover, data centers include ultra-miniature components in network devices, storage systems, and servers, which are susceptible to falter and fail under power conditions. Such factors ae resulting in increasing installation of UPS in data centers to manage power outages and ensure the smooth functioning of equipment.
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Medium data center UPS market size is expected to increase in the coming years. The growth is attributed to its wide application in commercial organizations, government, cable handling stations, hospitals, and universities. Furthermore, these data centers are increasingly established by players owing to their fast & easy configuration and deployment. For instance, in October 2019, EdgeMicro, an edge colocation company introduced micro data centers in Texas, North Carolina, and Tampa Bay. Growth of such facilities will result in increasing demand for UPS systems for managing power and reducing equipment failures, rising the market demand.
The online data center UPS market will account for majority of the revenue share in the global industry owing to its feature of providing effective power protection to network components. They regulate power conditioning, frequency & voltage, and zero-time transfer to batteries during power breakdowns. These systems also provide isolation between the main supply and load, eliminating input disturbances, such as blackout, brownouts, and spikes, during power conversion. Online UPS systems are widely used in critical applications due to which the demand for these systems is increasing in several sectors.
The IT & telecom sector will witness high demand for UPS systems in data centers owing to the rising number of data centers. The trend of digitization has led to generation of large amounts of organizational data, demanding the establishment of large data center facilities. Development of new data centers is encouraging the companies to install energy-efficient solutions for reducing power consumption and operating costs. Additionally, the developing telecommunication infrastructure and need for managing an enormous amount of data will increase the data center demands, increasing the adoption of effective power system solutions
The North America data center UPS market share will witness a high demand over the coming years owing to presence of a large number of data centers in the region. According to Cisco Systems, the country will account for 39% of hyperscale data centers by the end of 2021. Additionally, the growing adoption of technologies such as cloud, IoT, and AI by manufacturing firms will lead to a rise in the amount of data generated, forcing the companies to establish sophisticated data center infrastructure. In addition, presence of stringent government norms & regulations for reducing carbon footprints and energy consumption will result in the adoption of efficient power management devices in data centers.
Browse key industry insights spread across 380 pages with 722 market data tables and 27 figures & charts from the report, "Data Center UPS Market Size 2020–2026" in detail along with the table of contents @
Table of Contents (ToC) of the report:
Chapter 3. Data Center UPS Market Insights
3.1. Industry segmentation
3.2. Industry landscape, 2015 – 2026
3.2.1. Data center infrastructure industry landscape
3.3. Industry ecosystem analysis
3.3.1. Raw material suppliers
3.3.3. Technology providers
3.3.4. System integrators
3.3.5. Service providers
3.3.6. Distribution channel analysis
3.3.7. Vendor matrix
3.4. Technology landscape
3.5. Regulatory landscape
3.5.1. North America
3.5.3. Asia Pacific
3.5.4. South America
3.6. Industry impact forces
3.6.1. Growth drivers
3.6.2. Industry pitfalls & challenges
3.7. Growth potential analysis
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, 2019
3.9.1. Company market share analysis
3.9.2. 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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