According to the latest report by IMARC Group, titled “Data Center Power Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025”, the global data center power market reached a value of US$ 17.8 Billion in 2019. Data center power is a critical component of a data center infrastructure management system (DCIM), which utilizes equipment such as power distribution units (PDUs), uninterrupted power supply (UPS) devices, battery monitoring systems and generators. It aids in the management, measurement and monitoring of power generation as well as the consumption and optimization of the data center facility. It is widely used for minimizing carbon dioxide emissions and scheduling capacity increments while considering future power requirements.
Request Free Sample Report: https://www.imarcgroup.com/data-center-power-market/requestsample
The escalating utilization of cloud-based services in various end use industries represents one of the key factors catalyzing the demand for data center power around the world. In addition to this, the increasing use of portable UPS systems in Software as a Service (SaaS), high-performance computing and online media streaming is further driving the market growth. Other than this, data center power finds applications in the IT and telecommunications; banking, financial services, and insurance (BFSI) and healthcare industries worldwide. Furthermore, governments of several countries are investing in improving IT infrastructure, which is expected to create a positive outlook for the market in the coming years. Owing to these factors, IMARC Group expects the market to reach a value of US$ 30.2 Billion by 2025, registering a CAGR of around 9% during 2020-2025.
Market Breakup by Solution Type:
- Power Distribution and Measurement
- Power Backup
- Cabling Infrastructure
Market Breakup by Size:
- Mid-Size Data Center
- Enterprise Data Center
- Large Data Center
Market Breakup by Service Type:
- System Integration
- Training and Consulting
- Support and Maintenance
Market Breakup by Vertical:
- BFSI
- Telecommunication and IT
- Energy
- Manufacturing
- Others
Ask Analyst and Download Full Report with List of Figure click “global data center power market reached a value of US$ 17.8 Billion in 2019” link.
Source: steemit
Other Report by IMARC Group:
Unmanned Ground Vehicles Market Report 2020-2025: http://bit.ly/3b6tTHM
Emulsifiers Market Report 2020-2025: https://bit.ly/3bLd0Tz
Digital Pathology Market Report 2020-2025: https://bit.ly/3fYBgUW
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact US
IMARC Group
30 N Gould St Ste R
Sheridan, WY 82801 USA
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas- +1 631 791 1145 | Africa and Europe: – +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
Media Contact
Company Name: IMARC Group
Contact Person: Elena Anderson
Email: Send Email
Phone: +1 6317911145
Address:30 N Gould St, Ste R
City: Sheridan
State: WY 82801
Country: United States
Website: https://www.imarcgroup.com/