Data center power is a group of all services, which are required by the data center for its operations in terms of its energy requirements. The data centers consume almost 4% of the total energy generated. Many data center organizations are currently adopting advanced power distribution and management solutions to attain energy efficiency at a lesser power usage effectiveness ratio. Thus, increasing demand for reducing the power usage effectiveness ratio is expected to drive market growth during the forecast period.

The global data center power market was valued for USD 21298.9 Mn in 2021.

Market Dynamics

The global data center power market is expected to grow significantly during the forecast period, owing to the increasing adoption of hyper-scale data centers in large enterprises.  Data centers with thousands of servers consume more power. Such kind of data centers requires continuous advancements in server rack design and storage systems to cope with growth in energy consumption. Hyperscale data centers are used to operate servers at higher utilization and save power consumption. Hyperscale data centers are used by large enterprises to maintain thousands of servers and store large amounts of data. Various features are provided by hyper-scale data centers such as increased efficiency, lower energy bills, and fulfilled cooling requirements. Moreover, scalability is the major feature of these new data centers, and cloud-based companies such as Facebook and Google have built supercomputers to accommodate their hyper-scale need by using hyper-scale data centers.

Furthermore, major global players across different regions are focusing on developing new products with new features and technologies to gain competitive edge in the market. Industries are developing data centers with new features to cater to the demand from the end users. For instance, Amazon.com Inc. launched four new renewable energy projects to supply greener power for data centers operated by its cloud computing subsidiary Amazon Web Services Inc. (AWS).

 Key features of the study

• This report provides an in-depth analysis of the global data center power market (USD Mn) and compound annual growth rate (CAGR %) for the forecast period (2026-2033), considering 2021 as the base year

• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by the leading market players
• It profiles leading players in the global data center power market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, market capital, key developments, strategies, and future plans
• Companies covered as a part of this study include Schneider Electric, Vertiv Group Corp., ABB, Eaton, Huawei Technologies Co., Ltd., Tripp Lite, Toshiba India Pvt. Ltd., Siemens, Mitsubishi Electric Corporation, Cisco System Inc., Kehua Hengsheng Co., Ltd., Socomec, Cyber Power Systems, Inc., Bxterra Power Technology, ZincFive, Inc., Server Technology, Inc, Schneider Electric, General Electric, and Hewlett Packard Enterprise Development LP
• Insights from this report would allow marketers and management authorities of companies to make informed decisions regarding future product launches, product upgrades, market expansion, and marketing tactics
• The global data center power market report caters to various stakeholders in this industry including investors, suppliers, managed service providers, third-party service providers, distributors, new entrants, and value-added resellers
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global data center power market

 Market Segmentation

• By Component (Revenue, USD Mn, 2021-2033)
  • Solutions
    • Power distribution
    • Power monitoring
    • Power backup
    • Cabling infrastructure
  • Services
    • Design and consulting
    • Integration and deployment
    • Support and maintenance
• By End User (Revenue, USD Mn, 2021-2033)
  • Enterprises
  • Colocation providers
  • Cloud providers
  • Hyperscale data centers
•  By Data Center Size (Revenue, USD Mn, 2021-2033)
  • SMEs Data Centers
  • Large Data Centers
• By Vertical (Revenue, USD Mn, 2021-2033)
  • BFSI
  • IT and Telecommunication
  • Media and Entertainment
  • Healthcare Government and Defense, Retail
  • Manufacturing
  • Others
• By Region (Revenue, USD Mn, 2021-2033)
  • North America
    • U.S.
    • Canada
  • Latin America
    • Brazil
    • Mexico
    • Argentina
    • Rest of Latin America
  • Europe
    • Germany
    • U.K.
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • South Korea
    • ASEAN
    • Rest of Asia Pacific
  • Middle East
    • GCC
    • Israel
    • Rest of Middle East
  • Africa
    • South Africa
    • Central Africa
    • North Africa
• Key Players
  • SAP SE
  • Kewill Systems plc
  • Oracle Corporation
  • GT Nexus Inc.
  • JDA Software Group, Inc.
  • Infor Global Solutions, Inc.
  • Manhattan Associates, Inc.
  • Descartes Systems Group, Inc.
  • Epicor Software Corporation
  • IBM Corporation