{"id":510544,"date":"2020-10-08T13:02:01","date_gmt":"2020-10-08T13:02:01","guid":{"rendered":"https:\/\/www.abnewswire.com\/pressreleases\/?p=510544"},"modified":"2020-10-08T13:02:01","modified_gmt":"2020-10-08T13:02:01","slug":"data-center-power-dcp-market-2020-2023-business-trends-covid-19-outbreak-emerging-technologies-global-segments-industry-profit-growth-landscape-and-demand","status":"publish","type":"post","link":"https:\/\/www.abnewswire.com\/pressreleases\/data-center-power-dcp-market-2020-2023-business-trends-covid-19-outbreak-emerging-technologies-global-segments-industry-profit-growth-landscape-and-demand_510544.html","title":{"rendered":"Data Center Power (DCP) Market 2020 – 2023: Business Trends, COVID – 19 Outbreak, Emerging Technologies, Global Segments, Industry Profit Growth, Landscape and Demand"},"content":{"rendered":"
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Data Center Power (DCP) Market<\/div>\n<\/div>\n<\/div>\n
Global Data Center Power market is Estimated to grow at CAGR of approximately 10% during the forecast period of 2017-2023 and Data Center Power Market Report Information by Component (Solution, Service), Data Center Size (Small & Medium Size, Large Size Enterprise Size Data Center).<\/div>\n

Data Center Power <\/strong>Market Highlights:<\/strong><\/p>\n

The global data center power market is predicted to grow at a 10% CAGR between 2017- 2023, states the recent Market Research Future (MRFR) analysis. Data center power, simply put, is a power solution for managing the PUE (power usage effectiveness) and increasing the efficiency of data centers. Owing to its alluring features and benefits, it has wide applications in retail, healthcare, power and energy, government, BFSI, IT and telecommunication, and others. <\/p>\n

Various factors are propelling the Data Center Power Market<\/a><\/strong>. According to the recent MRFR report, such factors include increasing construction of new data centers owing to the burgeoning demand for data storage via organizations worldwide, burgeoning rise in power consumption by data centers, and rising implementation of data center power solutions by IT professionals and data center managers for business continuity. Additional factors adding to the market growth include growing urbanization, an increasing number of data centers, rapidly developing IT infrastructure, growing use of OTT content services, rising need for high power ratings, shift towards intelligent power managing products, development and increasing use of modular data centers, and increasing power consumption of data centers worldwide. <\/p>\n

On the flip side, high initial investments, complexity in data center designs, increasing raw material cost and skilled labor, a slowdown in the semiconductor industry, and the current COVID-19 impact are factors that may limit the global data center power market growth over the forecast period. <\/p>\n

Request a Free Sample @<\/strong> https:\/\/www.marketresearchfuture.com\/sample_request\/5876<\/a><\/strong><\/p>\n

Major Key Players:<\/strong><\/p>\n

Key players profiled in the global data center power market report include HP Enterprise Company (U.S.), Caterpillar Inc. (U.S.), Black Box Corporation (U.S.), CyberPower System (Taiwan), Tripp Lite (U.S.), Server Technology, Inc. (U.S.), Rittal GmbH & Co. KG (U.S.), Raritan Inc. (U.S.), Delta Power Solutions (Taiwan), Eaton (Ireland), General Electric (U.S.), Schneider Electric (France), Emerson Electric Company (U.S.), and ABB (Switzerland). <\/p>\n

Market Segmentation:<\/strong><\/p>\n

The MRFR report highlights an inclusive segmental analysis of the global data center power market based on end users, data center type, and components. <\/p>\n