TMCnet News
Data Center Power Market Size USD 21410 Million by 2026 at CAGR 5.6% | Valuates ReportsBANGALORE, India, Dec. 2, 2020 /PRNewswire/ -- The Data Center Power Market is Segmented by Type (AC Power Supply, DC Power Supply), by Application (BFSI, Telecom & IT, Government, Others). This report is published on Valuates Reports in the Computers & Electronics Category. It also covers Global & Regional Opportunity Analysis and Industry Forecast to 2026.  The global Data Center Power market size is projected to reach USD 21410 Million by 2026, from USD 15430 Million in 2020, at a CAGR of 5.6% during 2021-2026. Major factors driving the growth of data center power market size are, rising adoption of cloud computing by organizations across the globe, the rise in digitization resulting in a rapid expansion of digital infrastructure, accelerating renewable energy demand and the need for addressing GHG emission. The Data Center, Power Market report includes a detailed study of regions of North America, Europe, China, Japan and South Korea. The report has been curated after observing and studying various factors that determine regional growth, such as the region's economic, environmental, social, technological, and political status. Request a Sample Copy of the Report For COVID-19 Impact Analysis on Data Center Power Market: https://reports.valuates.com/request/sample/QYRE-Othe-0Y363/Global_Data_Center_Power TRENDS INFLUENCING THE DATA CENTER POWER MARKET SIZE The increasing need for enterprises to reduce operational expenses is expected to drive the data center power market size growth. Data centers invest most of their money on the power used for running IT equipment (computers and servers) and cooling infrastructure in data centers. As a result, modern data centers install energy-efficient and cost-effective power systems to cover these operating costs. Operational costs can be reduced by the use of advanced data center power systems that meet modern IT capabilities with varying business needs. To reduce the Power Usage Efficiency (PUE) ratio and improve efficiency, businesses deploy advanced power management systems such as the Smart rack Power Distribution Unit (PDU), the Smart Uninterruptible Power Supply (UPS) and battery monitoring equipment. This factor is expected to, in turn, boost the growth of the data center power market size. Increased use of data centers has resulted in the growing adoption of mega-and cloud-based data centers. These data centers need high-volume power for peak data-intensive operations, which in turn fuels the demand for data center power market size. The complexity of data center design and the need for high initial investments to deploy energy-efficient solutions for these facilities may hinder data center power market growth. Lack of proper infrastructure and recognition of the advantages of energy-efficient solutions in a variety of regions, including the Asia Pacific and South America, are some of the challenges the vendors in the data center power industry might face. View Full Report: https://reports.valuates.com/market-reports/QYRE-Othe-0Y363/global-data-center-power COVID-19 IMPACT ON DATA CENTER POWER MARKET In the pandemic situation of COVID-19, data centers and data center power play a critical role for organizations around the world. The exponential growth in the amount of data consumed and produced by various organizations and individuals has contributed to an increase in demand for data storage leading. Globally, data centers are eerging as computational hubs for end-users and companies, as the number of work-from-home workers has risen dramatically. Efficient data center power systems make the data center facility highly reliable, as innovations such as edge computing, IoT and 5G make it possible for the company to resolve the associated risks and consumer demands of COVID-19. Inquire for Customized Report: https://reports.valuates.com/request/customisation/QYRE-Othe-0Y363/Global_Data_Center_Power DATA CENTER POWER MARKET SHARE ANALYSIS North America is expected to hold the largest data center power market share during the forecast period. North America's dominance is attributed to the norms and regulations implemented by government and regulatory bodies to reduce carbon footprints and energy consumption in the region. The Asia Pacific is expected to witness the highest growth during the forecast period. This rapid growth in the region is due to the rapid increase in the volume of colocation data centers in emerging countries, such as India and China. In addition, a growing number of telecommunications subscribers using smartphones and tablets are projected to increase regional demand over the forecast period. By Region
Inquire for Regional Data: https://reports.valuates.com/request/regional/QYRE-Othe-0Y363/Global_Data_Center_Power DATA CENTER POWER MARKET SEGMENTATION Following are the segments covered by the report are: By Application:
The Key manufacturers that are operating in the global Data Center Power market are:
Buy Now for Single User: https://reports.valuates.com/api/directpaytoken?rcode=QYRE-Othe-0Y363&lic=single-user Buy Now for Enterprise User: https://reports.valuates.com/api/directpaytoken?rcode=QYRE-Othe-0Y363&lic=enterprise-license SUBSCRIPTION We have introduced a tailor-made subscription for our customers. Please leave a note in the Comment Section to know about our subscription plans. SIMILAR REPORTS
To see the full list of related reports click on Data Center Market ABOUT US: Valuates offers in-depth market insights into various industries. Our extensive report repository is constantly updated to meet your changing industry analysis needs. Our team of market analysts can help you select the best report covering your industry. We understand your niche region-specific requirements and that's why we offer customization of reports. With our customization in place, you can request for any particular information from a report that meets your market analysis needs. To achieve a consistent view of the market, data is gathered from various primary and secondary sources, at each step, data triangulation methodologies are applied to reduce deviance and find a consistent view of the market. Each sample we share contains a detailed research methodology employed to generate the report. Please also reach our sales team to get the complete list of our data sources. CONTACT US: Logo: https://mma.prnewswire.com/media/1082232/Valuates_Reports_Logo.jpg 
|