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Data Center News > Blog > Investments > Global Data Center Power Market Review 2021-2023 and Forecast to 2029
Investments

Global Data Center Power Market Review 2021-2023 and Forecast to 2029

Last updated: February 22, 2024 7:18 am
Published February 22, 2024
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Global Data Center Power Market Review 2021-2023 and Forecast to 2029
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International Information Middle Energy Market Business Adoption Of Info Know-how I T Tendencies Present And Deliberate In Organi

Global Data Center Power Market Industry Adoption Of Information Technology I T Trends Current And Planned In OrganiGlobal Data Center Power Market Industry Adoption Of Information Technology I T Trends Current And Planned In Organi

International Information Middle Energy Market Business Adoption Of Info Know-how I T Tendencies Present And Deliberate In Organi

International Information Middle Energy Market Business Information Middle Energy Market

Global Data Center Power Market Industry Data Center Power MarketGlobal Data Center Power Market Industry Data Center Power Market

International Information Middle Energy Market Business Information Middle Energy Market

Dublin, Feb. 21, 2024 (GLOBE NEWSWIRE) — The “Data Center Power – Market Share Analysis, Industry Trends & Statistics, Growth Forecasts 2021-2029” report has been added to ResearchAndMarkets.com’s providing.

The International Information Middle Energy Market is estimated at USD 24.41 billion in 2024, and is anticipated to succeed in USD 33.44 billion by 2029, rising at a CAGR of 6.5% through the forecast interval (2024-2029).

The rising adoption of mega information facilities is driving the market. Implementing fewer mega information facilities relying on their areas can enable an organization to take pleasure in some great benefits of sure native advantages, similar to low vitality costs, a positive local weather, or the supply of other vitality sources. Virtualization dramatically improves {hardware} utilization and allows corporations to scale back the variety of power-consuming servers and storage gadgets.

Key Highlights:

  • The growing adoption of cloud computing drives the expansion of hyperscale cloud information facilities. Cisco launched options to help companies and hyperscale corporations in delivering richer cloud functions whereas consuming much less area and energy.

  • Greenfield and brownfield services, together with modular information middle deployment, are driving the demand for energy techniques. Edge computing and secondary information middle market growth additionally enhance the necessity for environment friendly energy infrastructure.

  • Rising electrical energy prices, carbon emissions issues, and initiatives for renewable vitality integration by hyperscale operators are remodeling the market.

  • Information facilities are implementing 2N redundant UPS techniques for reliability. Components like price, reliability, effectivity, and maintainability affect the adoption of UPS techniques and mills.

  • Clever rack PDU options cater to complicated services’ wants, with colocation suppliers searching for trendy infrastructure options with excessive uptime.

  • Regardless of market progress, increased funding in areas like cabling, energy services, and information middle infrastructure administration (DCIM) options acts as a restraint.

See also  Singapore government pushes energy-efficient data center plan

Information Middle Energy Market Tendencies:

  • The IT sector holds a serious market share, with growing demand for environment friendly energy options pushed by cloud storage growth and IT firms specializing in deploying environment friendly energy sources.

  • Cloud storage suppliers like AWS, Microsoft, and Google are increasing their capabilities globally, with bulletins of latest information facilities and areas.

  • Firms worldwide are investing in information middle expansions, driving the demand for energy options. New entrants are additionally investing in hyperscale services.

  • The Asia Pacific area, notably China and Japan, is witnessing excessive market progress attributable to new information middle developments and governmental initiatives selling clear vitality.

  • Japan plans to subsidize zero-carbon-emissions information facilities and construct services in colder areas to scale back vitality consumption and carbon emissions.

  • Market distributors are specializing in inexperienced vitality initiatives and partnerships to help renewable vitality growth.

Information Middle Energy Business Overview:

  • The market is extremely fragmented, with gamers adopting methods like mergers, acquisitions, collaborations, and partnerships.

  • Key gamers embrace Schneider Electrical SE, Fujitsu Ltd., and Cisco Know-how Inc.

  • Latest developments embrace Equinix’s plan for a brand new information middle in Jakarta and Tripp Lite by Eaton introducing industrial Ethernet switches for demanding environments.

Key Matters Lined

1 INTRODUCTION
1.1 Research Assumptions and Market Definition
1.2 Scope of the Research

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Rising Adoption of Mega Information Facilities and Cloud Computing
4.2.2 Growing Demand to Cut back Operational Prices
4.3 Market Restraints
4.3.1 Excessive Price of Set up and Upkeep
4.4 Business Attractiveness – Porter’s 5 Forces Evaluation
4.4.1 Risk of New Entrants
4.4.2 Bargaining Energy of Patrons
4.4.3 Bargaining Energy of Suppliers
4.4.4 Risk of Substitute Merchandise
4.4.5 Depth of Aggressive Rivalry
4.5 Evaluation of the Affect of COVID-19 on the Market

See also  Athena Raises $2.2M in Seed Funding

5 TECHNOLOGY SNAPSHOT

6 MARKET SEGMENTATION
6.1 By Kind
6.1.1 Options
6.1.1.1 Energy Distribution Unit
6.1.1.2 UPS
6.1.1.3 Busway
6.1.1.4 Different Options
6.1.2 Companies
6.1.2.1 Consulting
6.1.2.2 System Integration
6.1.2.3 Skilled Service
6.2 By Finish-user Software
6.2.1 Info Know-how
6.2.2 Manufacturing
6.2.3 BFSI
6.2.4 Authorities
6.2.5 Telecom
6.2.6 Different Finish-user Purposes
6.3 By Information Middle Dimension
6.3.1 Small and Medium
6.3.2 Giant
6.4 By Geography
6.4.1 North America
6.4.2 Europe
6.4.3 Asia-Pacific
6.4.4 Remainder of the World

7 COMPETITIVE LANDSCAPE
7.1 Firm Profiles
7.1.1 Schneider Electrical SE
7.1.2 Fujitsu Ltd.
7.1.3 Cisco Know-how Inc.
7.1.4 ABB Ltd.
7.1.5 Eaton Company
7.1.6 Tripp Lite
7.1.7 Rittal GmbH & Co. KG
7.1.8 Schleifenbauer
7.1.9 Vertiv Co.
7.1.10 Legrand SA
7.1.11 Black Field Company

8 INVESTMENT ANALYSIS

9 MARKET OPPORTUNITIES AND FUTURE TRENDS

For extra details about this report go to https://www.researchandmarkets.com/r/j2radn

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s main supply for worldwide market analysis experiences and market information. We give you the most recent information on worldwide and regional markets, key industries, the highest firms, new merchandise and the most recent tendencies.

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CONTACT: CONTACT: ResearchAndMarkets.com Laura Wooden,Senior Press Supervisor press@researchandmarkets.com For E.S.T Workplace Hours Name 1-917-300-0470 For U.S./ CAN Toll Free Name 1-800-526-8630 For GMT Workplace Hours Name +353-1-416-8900

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