Data Center Power Market Growing at 8.2% CAGR to to Hit US$ 20.73 Billion Forecast By 2034

The expanding array of cloud-based services and the rising frequency of cyberattacks are driving the demand for data center power solutions

NEW YORK CITY, NY, UNITED STATES, December 12, 2024 /EINPresswire.com/ -- The research report maps major countries in each region according to their revenue contribution to help businesses identify the top growth opportunities.

𝐓𝐡𝐞 𝐝𝐞𝐦𝐚𝐧𝐝 𝐟𝐨𝐫 𝐝𝐚𝐭𝐚 𝐜𝐞𝐧𝐭𝐞𝐫 𝐩𝐨𝐰𝐞𝐫 𝐢𝐬 𝐚𝐧𝐭𝐢𝐜𝐢𝐩𝐚𝐭𝐞𝐝 𝐭𝐨 𝐫𝐢𝐬𝐞, 𝐚𝐜𝐜𝐨𝐫𝐝𝐢𝐧𝐠 𝐭𝐨 𝐭𝐡𝐞 𝐥𝐚𝐭𝐞𝐬𝐭 𝐫𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐬𝐭𝐮𝐝𝐲 𝐛𝐲 𝐏𝐨𝐥𝐚𝐫𝐢𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡. 𝐓𝐡𝐞 𝐝𝐚𝐭𝐚 𝐜𝐞𝐧𝐭𝐞𝐫 𝐩𝐨𝐰𝐞𝐫 𝐦𝐚𝐫𝐤𝐞𝐭 𝐬𝐢𝐳𝐞 𝐰𝐚𝐬 𝐯𝐚𝐥𝐮𝐞𝐝 𝐚𝐭 𝐔𝐒𝐃 9.44 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 2024 𝐚𝐧𝐝 𝐢𝐬 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐞𝐝 𝐭𝐨 𝐠𝐫𝐨𝐰 𝐭𝐨 𝐔𝐒𝐃 20.73 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐛𝐲 2034, 𝐞𝐱𝐡𝐢𝐛𝐢𝐭𝐢𝐧𝐠 𝐚 𝐂𝐀𝐆𝐑 𝐨𝐟 8.2% 𝐟𝐫𝐨𝐦 2025 𝐭𝐨 2034.

𝐌𝐚𝐫𝐤𝐞𝐭 𝐈𝐧𝐭𝐫𝐨𝐝𝐮𝐜𝐭𝐢𝐨𝐧:
Data center power is the systems, processes, and infrastructure responsible for providing and managing power in a data center. It is essential for the availability and reliability of the IT equipment and services in a data center. Data centers typically get the power from the municipal electrical grid, but they may also have their own generators for emergencies or to supplement the power supply.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭:
https://www.polarismarketresearch.com/industry-analysis/data-center-power-market/request-for-sample?utm_source=EIN&utm_medium=EIN&utm_campaign=EIN&utm_id=01

Data centers use a variety of elements to deliver power from the source to the equipment. These include power panels, power distribution units (PDUs), uninterruptible power supply (UPS), and power whips. With the development of new data centers due to rapid economic expansion and increasing digitalization in emerging markets, the data center power market demand is projected to rise.

𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐜𝐨𝐩𝐞 𝐚𝐧𝐝 𝐀𝐭𝐭𝐫𝐢𝐛𝐮𝐭𝐞𝐬:
• Market Size Value in 2024: USD 9.44 billion
• Market Size Value in 2025: USD 10.21 billion
• Revenue Forecast in 2034: USD 20.73 billion
• CAGR: 8.2% from 2025 to 2034
• Base Year: 2024
• Historical Data: 2020–2023
• Forecast Period: 2025–2034

𝐌𝐚𝐫𝐤𝐞𝐭 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬:
The leading market players are making substantial investments in research and development to expand their product lines. Also, they undertaking a variety of strategic activities to expand their global footprint. A few of the major data center power market players include:
• Black Box
• Eaton
• Equinix Inc.
• GDS Holdings
• Generac Power Systems, Inc.
• General Electric Company
• Huawei Technologies Co., Ltd.
• Legrand
• Rittal GmbH & Co. KG
• Schneider Electric
• Vertiv Group Corp.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐟𝐨𝐫 𝐚 𝐃𝐢𝐬𝐜𝐨𝐮𝐧𝐭 𝐨𝐧 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 𝐁𝐞𝐟𝐨𝐫𝐞 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞:
https://www.polarismarketresearch.com/industry-analysis/data-center-power-market/request-for-discount-pricing?utm_source=EIN&utm_medium=EIN&utm_campaign=EIN&utm_id=01

𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐫𝐢𝐯𝐞𝐫𝐬 𝐚𝐧𝐝 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬:
Rapid Expansion of Digital Economy: The rapid expansion of the digital economy and rising digitalization has led to the establishment of new data centers. This surge, in turn, has fueled the need for power management solutions, impacting the data center power market favorably.

Rapid Increase in Data Traffic: The rapid surge in data traffic, fueled by streaming services, e-commerce, and remote work, is fueling the expansion of data center infrastructure. This expansion necessitates robust power management systems, further supporting market development.

Regulations and Standards: The implementation of stringent regulations and standards concerning emissions, energy efficiency, and environmental impact have compelled data centers to incorporate advanced power management solutions. This factor is significantly contributing to the data center power market expansion.

𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬:
North America: North America accounted for the largest data center power market share in 2024. The regional market growth is primarily fueled by innovative advancements in power solutions, especially in smart grid solutions and energy-efficient technologies. Besides, the presence of major technology companies, such as Google and Microsoft, drives significant demand for advanced power solutions.

Asia Pacific: Asia Pacific is projected to register the highest CAGR from 2025 to 2034. The rapid digital transformation in the region is driving the need for resilient data center infrastructure, resulting in heightened demand for data center power solutions.

𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐦𝐨𝐫𝐞 𝐚𝐛𝐨𝐮𝐭 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 𝐁𝐞𝐟𝐨𝐫𝐞 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞:
https://www.polarismarketresearch.com/industry-analysis/data-center-power-market/inquire-before-buying?utm_source=EIN&utm_medium=EIN&utm_campaign=EIN&utm_id=01

𝐃𝐚𝐭𝐚 𝐂𝐞𝐧𝐭𝐞𝐫 𝐏𝐨𝐰𝐞𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧:
By Component Outlook
• Solutions
o Power Distribution
o Power Monitoring
o Power Backup
o Cabling Infrastructure

• Services
o Design and Consulting
o Support and Maintenance
o Integration and Deployment

By Data Center Size Outlook
• Small and Medium Sized
• Large Sized

By End Users Outlook
• Cloud Providers
• Enterprises
• Others

By Vertical Outlook
• Banking, Financial Services, And Insurance (BFSI)
• Energy & Utilities
• Government and Defense
• Telecommunication
• Healthcare
• IT & ITES
• Other Verticals

By Regional Outlook
• North America
o US
o Canada

• Europe
o Germany
o France
o UK
o Italy
o Spain
o Netherlands
o Russia
o Rest of Europe

• Asia Pacific
o China
o Japan
o India
o Malaysia
o South Korea
o Indonesia
o Australia
o Vietnam
o Rest of Asia Pacific

• Middle East & Africa
o Saudi Arabia
o UAE
o Israel
o South Africa
o Rest of the Middle East & Africa

• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America

𝐁𝐫𝐨𝐰𝐬𝐞 𝐌𝐨𝐫𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭𝐬:
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https://www.polarismarketresearch.com/industry-analysis/open-radio-access-network-market

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https://www.polarismarketresearch.com/industry-analysis/blockchain-security-market

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𝐀𝐛𝐨𝐮𝐭 𝐏𝐨𝐥𝐚𝐫𝐢𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 & 𝐂𝐨𝐧𝐬𝐮𝐥𝐭𝐢𝐧𝐠, 𝐈𝐧𝐜:
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