Data Centre Power Market, Size, Share, Source, Component, Analysis and forecast, 2023 - 2030

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The Global Data Center Power Market Size Was Valued at USD 9.01 Billion In 2022 And Is Projected to Reach USD 14.47 Billion By 2030, Growing at A CAGR of 6.1% From 2023 To 2030.

The Data Center Power Market encompasses the range of products, solutions, and services dedicated to supplying reliable and efficient power to data centers. As the demand for digital services continues to surge, driven by trends such as cloud computing, big data, and the Internet of Things (IoT), data centers play a crucial role in supporting these services. Consequently, the market for data center power solutions has witnessed significant growth and innovation to meet the evolving needs of data center operators worldwide.

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Top Key Players Covered in The Data Centre Power Market:

Server Technology Inc., Tripp Lite, Black Box Corporation, Hewlett Packard Enterprise Company, Cyber Power Systems Inc., ABB Group, Schneider Electric, General Electric, Eaton Corporation, Delta Electronic Inc., Raritan Inc., Rittal Corporation.

Segmentation Analysis of Data Centre Power Market:

By Solution

·         Power Monitoring

·         Power Distribution

·         Power Backup

·         Cabling Infrastructure

By End User

·         BFSI

·         IT and Telecommunications

·         Government and Défense

·         Healthcare

·         Others

By Region

·         North America (U.S., Canada, Mexico)

·         Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)

·         Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)

·         Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)

·         Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)

·         South America (Brazil, Argentina, Rest of SA)

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Market Drivers and Trends:

Growing Demand for Data Center Services: The increasing adoption of digital technologies, cloud computing, and online services has fueled the demand for data center capacity, driving investments in power infrastructure to support these services.

Focus on Energy Efficiency: Data center operators are increasingly prioritizing energy efficiency to reduce operating costs and minimize environmental impact. This has led to the adoption of energy-efficient power infrastructure, including advanced UPS systems, intelligent power distribution solutions, and renewable energy sources such as solar and wind power.

Modular and Scalable Solutions: With the growing need for agility and flexibility in data center deployments, modular and scalable power solutions have gained traction. These solutions allow data center operators to quickly deploy additional power capacity as needed, minimizing upfront investment and optimizing resource utilization.

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