Impact Analysis of Covid-19

The complete version of the Report will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.

A data center is a physical facility that organizations use to house their computer systems and its associated components. In other words, data centers are storage for the computer that has essential data important for the development of businesses or firms. Data center power is a power solution to manage power usage effectiveness and increases the efficiency of data centers. Data center manufacturers are developing power management solutions such as smart UPS, intelligent rack PDU, and battery monitoring devices to minimize power consumption rates. The major factor that boosts demand for data center power is the increasing need for data centers and enormous assistance to maintain them. Thus, replacing traditional data centers with a new one, along with advanced technologies is propelling demand for data center power.

The increasing need for enterprises to reduce the operational cost is expected to drive the market growth significantly during the forecast period (2020–2027). Data center manufacturers are optimizing data center costs, owing to rising operational expenses that also increase power tariffs, server racks, and heating, ventilation, and air conditioning (HVAC) systems. For instance, according to the U.S. Chamber Technology Engagement Center (CTEC), the annual operational expenditure of large data centers is almost 8.3% of the capital expenses. Based upon data center tiers, power expenditure can range from 41%-82% of the total cost of operating data centers. The infrastructure cost and operational complexities of data centers increase the reliability level. Data center power is used for running computers & servers and cooling at data centers. Hence, in order to meet operational expenses, traditional data centers are enhanced by deploying energy-efficient and cost-effective power systems. The operational expenses of the data centers can be optimized by using modern data center power system. Vendors are offering data center power solutions to provide sustainable and reliable power systems to data centers. For instance, Huawei Technologies Co., Ltd., a China-based technology company, launched the Fusion DC 2.0 solution to optimize the cooling system of the data centers. Vendors are also offering low installation and infrastructure cost that reduces energy losses and provide a permanent storage system and do not require battery replacement. These factors are expected to drive the market growth during the forecast period.

The major factor restraining growth of the global data center power market is high investment. Data center companies are replacing traditional data centers with new one, along with latest and updated data center components. This requires new hardware, software installation, infrastructure renovation, and manpower. The initial investment of deploying energy efficient power solution is higher than traditional power solutions. This, in turn, is expected to hinder growth of the data center power market.

Data Center Power Market - Impact of Coronavirus (Covid-19) Pandemic

Due to the Covid-19 pandemic, many industries witnessed a positive shift in their businesses. There is a significant impact on the data center power market as well. As large amount of data is generated by COVID-19 research organizations, increasing demand for data storage leads to an increase in the number of highly reliable data centers. Globally, data centers are emerging as a computational hub for organizations, as most of the companies have announced work from home, which increases the demand for data centers. All software companies across the globe are using business intelligence tools to analyze the data to understand consumer behaviors and market trends. Due to Covid-19, demand for these tools is increasing, as companies are using business intelligence tools to prepare patient reports to identify new COVID related risks.

Asia Pacific held dominant position in the global data center power market in 2019

Statistics:

Asia Pacific held dominant position in the global data center power market in 2019, accounting for 35.2% share in terms of value, followed by North America and Europe.

Figure 1: Global Data Center Power Market Share (%), By Region, 2019

Data Center Power  | Coherent Market Insights

Asia Pacific held dominant position in the global data center power market in 2019 and is projected to retain its dominance throughout the forecast period, owing to rising adoption of cloud computing and IoT in Asia Pacific region. For instance, Delta Electronics, Inc., a Taiwanese-based electronics manufacturer company, launched SmartNode, a modularized data center in Europe, Middle East, and Africa. The SmartNode data center is for cloud computing and enterprise level applications.

North America region is expected to exhibit highest growth during the forecast period. Various regulations and norms are implemented by government to curb carbon footprints and energy consumption. This has resulted in high adoption of data center solutions, which is driving demand for data center power. For instance, Vertive, a U.S.-based company, launched Trellis Smart InfraSight, a next generation data management software. Trellis Smart InfraSight helps organizations to easily consolidate data on power usage, temperature, humidity, and HD video streaming across IT systems.

request-sample

Data Center Power Market Report Coverage

Report Coverage Details
Base Year: 2019 Market Size in 2019: US$ 19.1 Bn
Historical Data for: 2017 to 2019 Forecast Period: 2020 to 2027
Forecast Period 2020 to 2027 CAGR: 7.1% 2027 Value Projection: US$ 31.3 Bn
Geographies covered:
  • North America: U.S. and Canada
  • Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
  • Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
  • Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
  • Middle East and Africa: GCC Countries, South Africa, and Rest of Middle East and Africa
Segments covered:
  • By Component: Solution (Power Distribution, Power Monitoring, Power Backup, and Cabling Infrastructure) and Services (Design and Consulting, Integration and Deployment, and Support & Maintenance).
  • By End Users: Enterprises, Colocation Provider, Cloud Providers, and Hyperscale Data Centers.
  • By Data Center Size: SMEs Data Centers and Large Data Centers.
  • By Vertical: BFSI, IT and Telecommunication, Media and Entertainment, Healthcare, Government and Defense, Retail, Manufacturing, and Others (Energy, Research and Academia, and Transport and Logistics).
Companies covered:

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., General Electric, Hewlett Packard Enterprise Development LP, Google, LLC, Amazon.com, Inc., Facebook, Inc., and IBM Corporation

Growth Drivers:
  • Increasing adoption of advanced technologies such as cloud and artificial intelligence
  • Increasing number of large data centers
Restraints & Challenges:
  • High installation cost
  • Complexity of software and lack of resources

IT & telecommunication segment is expected to drive the market growth during the forecast period

Among application, IT & telecommunication segment is expected to hold dominant position in the global data center power market during the forecast period. This is attributed to high growth of IT industry. Moreover, telecommunication requires more data storage to manage large amount of data. For instance, in June 2020, Oracle, a U.S.-based computer technology company, launched second data center in Hyderabad due to increased demand from cloud services.

Figure 2: Global Data Center Power Market Value (US$ Bn) Analysis and Forecast, 2017 - 2027

Data Center Power  | Coherent Market Insights

The global data center power market was valued at US$ 19.1 Bn in 2019 and is expected to reach US$ 31.3 Bn by 2027 at a CAGR of 7.1% between 2020 and 2027.

Major players operating in the global data center power market 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., General Electric, Hewlett Packard Enterprise Development LP, Google, LLC, Amazon.com, Inc., Facebook, Inc., and IBM Corporation.

Data center power is a group of all services, which are required by 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 lesser power usage effectiveness ratio. Thus, increasing demand for reducing power usage effectiveness ratio is expected to drive the market growth during the forecast period.

Market Dynamics

The global data center power market is expected to grow significantly during the forecast period, owing to the increasing adoption of hyperscale data centers in large enterprises.  Data centers with thousands of servers consume more power. Such kind of data centers require continuous advancements in server rack design and storage system to cope up 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 hyperscale data centers such as increase efficiency, lower energy bills, and fulfill cooling requirements. Moreover, scalability is the major feature of these new data centers, and cloud-based companies such as Facebook and Google have built super computer to accommodate their hyperscale need by using hyperscale data centers. For instance, in September 2018, Facebook Inc. launched hyperscale datacenter in Singapore that is used to measure the efficiency of the data center and cooling infrastructure.

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 in-depth analysis of global data center power market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2020– 2027), considering 2019 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

Detailed Segmentation

  • Global Data Center Power Market, By Component:
    • Solution
      • Power distribution
      • Power monitoring
      • Power backup
      • Cabling infrastructure
    • Services
      • Design and consulting
      • Integration and deployment
      • Support and maintenance
  • Global Data Center Power Market, By End Users:
    • Enterprises
    • Colocation providers
    • Cloud providers
    • Hyperscale data centers
  • Global Data Center Power Market, By Data Center Size:
    • SMEs Data Centers
    • Large Data Centers
  • Global Data Center Power Market, Vertical:
    • BFSI
    • IT and Telecommunication
    • Media and Entertainment
    • Healthcare
    • Government and Defense
    • Retail
    • Manufacturing
    • Others
      • Energy
      • Research and Academia
      • Transport and  Logistics
  • Global Data Center Power Market, By Region:
    • North America
      • By Component:
        • Solution
        • Power distribution
        • Power monitoring
        • Power backup
        • Cabling infrastructure
      • Services
        • Design and consulting
        • Integration and deployment
        • Support and maintenance
      • By End Users:
        • Enterprises
        • Colocation providers
        • Cloud providers
        • Hyperscale data centers
      • By Data Center Size:
        • SMEs Data Centers
        • Large Data Centers
      • By Vertical:
        • BFSI
        • IT and Telecommunication
        • Media and Entertainment
        • Healthcare
        • Government and Defense
        • Retail
        • Manufacturing
        • Others
          • Energy
          • Research and Academia
          • Transport and Logistics
      • By Country:
        • U.S.
        • Canada
    • Europe
      • By Component:
        • Solution
          • Power distribution
          • Power monitoring
          • Power backup
          • Cabling infrastructure
        • Services
          • Design and consulting
          • Integration and deployment
          • Support and maintenance
        • By End Users:
          • Enterprises
          • Colocation providers
          • Cloud providers
          • Hyperscale data centers
      • By Data Center Size:
        • SMEs Data Centers
        • Large Data Centers
      • By Vertical:
        • BFSI
        • IT and Telecommunication
        • Media and Entertainment
        • Healthcare
        • Government and Defense
        • Retail
        • Manufacturing
        • Others
          • Energy
          • Research and Academia
          • Transport and  Logistics
      • By Country:
        • Germany
        • U.K.
        • France
        • Italy
        • Spain
        • Russia
        • Rest of Europe
    • Asia Pacific
      • By Component:
        • Solution
          • Power distribution
          • Power monitoring
          • Power backup
            • Cabling infrastructure
        • Services
          • Design and consulting
          • Integration and deployment
          • Support and maintenance
      • By End Users:
        • Enterprises
        • Colocation providers
        • Cloud providers
        • Hyperscale data centers
      • By Data Center Size:
        • SMEs Data Centers
        • Large Data Centers
      • By Vertical:
        • BFSI
        • IT and Telecommunication
        • Media and Entertainment
        • Healthcare
        • Government and Defense
        • Retail
        • Manufacturing
        • Others
          • Energy
          • Research and Academia
          • Transport and  Logistics
      • By Country:
        • China
        • India
        • Japan
        • Australia
        • South Korea
        • ASEAN
        • Rest of Asia Pacific
    • Latin America
      • By Component:
        • Solution
          • Power distribution
          • Power monitoring
          • Power backup
          • Cabling infrastructure
        • Services
          • Design and consulting
          • Integration and deployment
          • Support and maintenance
      • By End Users:
        • Enterprises
        • Colocation providers
        • Cloud providers
        • Hyperscale data centers
      • By Data Center Size:
        • SMEs Data Centers
        • Large Data Centers
      • By Vertical:
        • BFSI
        • IT and Telecommunication
        • Media and Entertainment
        • Healthcare
        • Government and Defense
        • Retail
        • Manufacturing
        • Others
          • Energy
          • Research and Academia
          • Transport and  Logistics
      • By Country:
        • Brazil
        • Mexico
        • Argentina
        • Rest of Latin America
    • Middle East and Africa
      • By Component:
        • Solution
          • Power distribution
          • Power monitoring
          • Power backup
          • Cabling infrastructure
        • Services
          • Design and consulting
          • Integration and deployment
          • Support and maintenance
      • By End Users:
        • Enterprises
        • Colocation providers
        • Cloud providers
        • Hyperscale data centers
      • By Data Center Size:
        • SMEs Data Centers
        • Large Data Centers
      • By Vertical:
        • BFSI
        • IT and Telecommunication
        • Media and Entertainment
        • Healthcare
        • Government and Defense
        • Retail
        • Manufacturing
        • Others
          • Energy
          • Research and Academia
          • Transport and  Logistics
      • By Country/Region:
        • GCC Countries
        • South Africa
        • Rest of Middle East and Africa
  • Company Profiles
    • Schneider Electric
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Recent Developments/ Updates
    • 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.
    • General Electric
    • Hewlett Packard Enterprise Development LP
    • Google, LLC
    • com, Inc.
    • Facebook, Inc.
    • IBM Corporation

 “*” marked represents similar segmentation in other categories in the respective section.

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Component
      • Market Snippet, By End Users
      • Market Snippet, By Data Center Size
      • Market Snippet, By Vertical
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
    • Regulatory Scenario
    • Industry Trend
    • Merger and Acquisitions
    • New system Launch/Approvals
    • Value Chain Analysis
    • Porter’s Analysis
    • PEST Analysis
    • Impact of COVID-19 Pandemic
  4. Global Data Center Power Market, By Component, 2020-2027 (US$ Billion)
    • Introduction
      • Market Share Analysis, 2020 and 2027 (%)
      • Segment Trends
    • Solution
      • Introduction
      • Market Size and Forecast, 2020–2027, (US$ Billion)
        • Power Distribution
        • Power Monitoring
        • Power Backup
        • Cabling Infrastructure
    • Services
      • Introduction
      • Market Size and Forecast, 2020–2027, (US$ Billion)
        • Design and consulting
        • Integration and deployment
        • Support and maintenance
  5. Global Data Center Power Market, By End Users, 2020-2027 (US$ Billion)
    • Introduction
      • Market Share Analysis, 2020 and 2027 (%)
      • Segment Trends
    • Enterprises
      • Introduction
      • Market Size and Forecast, 2020–2027, (US$ Billion)
    • Colocation provider
      • Introduction
      • Market Size and Forecast, 2020–2027, (US$ Billion)
    • Cloud providers
      • Introduction
      • Market Size and Forecast, 2020–2027, (US$ Billion)
    • Hyperscale Data Centers
      • Introduction
      • Market Size and Forecast, 2020–2027, (US$ Billion)
  6. Global Data Center Power Market, By Data Center Size, 2020-2027 (US$ Billion)
    • Introduction
      • Market Share Analysis, 2020 and 2027 (%)
      • Segment Trends
    • SMEs Data Centers
      • Introduction
      • Market Size and Forecast, 2020–2027, (US$ Billion)
    • Large Data Centers
      • Introduction
      • Market Size and Forecast, 2020–2027, (US$ Billion)
  7. Global Data Center Power Market, By Vertical, 2020-2027 (US$ Billion)
    • Introduction
      • Market Share Analysis, 2020 and 2027 (%)
      • Segment Trends
    • BFSI
      • Introduction
      • Market Size and Forecast, 2020–2027, (US$ Billion)
    • IT and Telecommunication
      • Introduction
      • Market Size and Forecast, 2020–2027, (US$ Billion)
    • Media and Entertainment
      • Introduction
      • Market Size and Forecast, 2020–2027, (US$ Billion)
    • Healthcare
      • Introduction
      • Market Size and Forecast, 2020–2027, (US$ Billion)
    • Government and Defense
      • Introduction
      • Market Size and Forecast, 2020–2027, (US$ Billion)
    • Retail
      • Introduction
      • Market Size and Forecast, 2020–2027, (US$ Billion)
    • Manufacturing
      • Introduction
      • Market Size and Forecast, 2020–2027, (US$ Billion)
    • Others
      • Introduction
      • Market Size and Forecast, 2020–2027, (US$ Billion)
        • Energy
        • Research and Academia
        • Transport and Logistics
  8. Global Data Center Power Market, By Region, 2020-2027 (US$ Billion)
    • Introduction
      • Market Share Analysis, By Region, 2020 and 2027 (%)
    • North America
      • Regional Trends
      • Market Size and Forecast, By Component, 2020–2027 (US$ Billion)
      • Market Size and Forecast, By End Users, 2020–2027 (US$ Billion)
      • Market Size and Forecast, By Data Center Size, 2020–2027 (US$ Billion)
      • Market Size and Forecast, By Vertical, 2020–2027 (US$ Billion)
      • Market Share Analysis, By Country, 2020 and 2027 (%)
        • U.S.
        • Canada
    • Europe
      • Regional Trends
      • Market Size and Forecast, By Component, 2020–2027 (US$ Billion)
      • Market Size and Forecast, By End Users, 2020–2027 (US$ Billion)
      • Market Size and Forecast, By Data Center Size, 2020–2027 (US$ Billion)
      • Market Size and Forecast, By Vertical, 2020–2027 (US$ Billion)
      • Market Share Analysis, By Country, 2020 and 2027 (%)
        • U.K.
        • Germany
        • Spain
        • Italy
        • France
        • Russia
        • Rest of Europe
    • Asia Pacific
      • Regional Trends
      • Market Size and Forecast, By Component, 2020–2027 (US$ Billion)
      • Market Size and Forecast, By End Users, 2020–2027 (US$ Billion)
      • Market Size and Forecast, By Data Center Size, 2020–2027 (US$ Billion)
      • Market Size and Forecast, By Vertical, 2020–2027 (US$ Billion)
      • Market Share Analysis, By Country, 2020 and 2027 (%)
        • China
        • India
        • Japan
        • ASEAN
        • Australia
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Regional Trends
      • Market Size and Forecast, By Component, 2020–2027 (US$ Billion)
      • Market Size and Forecast, By End Users, 2020–2027 (US$ Billion)
      • Market Size and Forecast, By Data Center Size, 2020–2027 (US$ Billion)
      • Market Size and Forecast, By Vertical, 2020–2027 (US$ Billion)
      • Market Share Analysis, By Country, 2020 and 2027 (%)
        • Brazil
        • Argentina
        • Mexico
        • Rest of Latin America
    • Middle East and Africa
      • Regional Trends
      • Market Size and Forecast, By Component, 2020–2027 (US$ Billion)
      • Market Size and Forecast, By End Users, 2020–2027 (US$ Billion)
      • Market Size and Forecast, By Data Center Size, 2020–2027 (US$ Billion)
      • Market Size and Forecast, By Vertical, 2020–2027 (US$ Billion)
      • Market Share Analysis, By Country/Region, 2020 and 2027 (%)
        • South Africa
        • GCC Countries
        • Rest of the Middle East and Africa
  9. Competitive Landscape
    • Company Profiles
      • Schneider Electric
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Vertiv Group Corp.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • ABB
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Eaton
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Huawei Technologies Co., Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Tripp Lite
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Toshiba India Pvt. Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Siemens
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Mitsubishi Electric Corporation
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Cisco System Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Kehua Hengsheng Co., Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Socomec
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Cyber Power Systems, Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Bxterra Power Technology
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • ZincFive, Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Server Technology, Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • General Electric
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Hewlett Packard Enterprise Development LP
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Google, LLC
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • com, Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Facebook, Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • IBM Corporations
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
    • Analyst Views
  10. Section
    • References
    • Research Methodology
    • About us and Sales Contact

*Browse 60 market data tables and 40 figures on "Data Center Power Market - Global forecast to 2027”.

Frequently Asked Questions

The global data center power market is expected to reach US$ 31.3 billion by 2027.
The market is expected to witness a CAGR of 7.1% during the forecast period (2020-2027).
The rising adoption of advanced technologies such as cloud computing is expected to drive growth of the data center power market during the forecast period.
The IT & telecommunication segment held the largest market share among verticals, contributing 37.2% in terms of value in 2019.
Asia Pacific region held the largest share in the global data center power market in 2019, accounting for 35.2% share in terms of value.
Key players operating in the global data center power market 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., General Electric, Hewlett Packard Enterprise Development LP, Google, LLC, Amazon.com, Inc., Facebook, Inc., IBM Corporation, and others.
Existing Clientele

Joining thousands of companies around the world committed to making the Excellent Business Solutions.

View All Our Clients

Our Trusted Patner