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Data Center Power Market Growth Rate, Top Regions, Key
Players and Forecast to 2031
The Data Center Power is a vital component that is involved
in data centers, as it requires power management to conduct processes. It
performs various operations including- implementing, identifying, and
monitoring processes of power generation, optimization and consumption while
using an effective power or mainly electricity to improve the efficiency of
working operations in data centers. This function is applicable on both
software and hardware levels of data centers and enables administrative control
over processes and energy consumption of data centers, thus it is considered as
a part of data center infrastructure management processes.
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The Global Data Center Power Market is growing at a steady
rate and is expected to rise with a significant value during the forecast
period. The increasing need for conventional and proper data storage
application among various organizations is a major factor expected to drive the
growth of the Global Data Center Power Market. The surging emergence of data
centers raises the trends for enormous energy consumption cloud-based storage,
thus the growing need for reduced and efficient power consumption among data
centers propels the growth of the Global Data Center Power Market and is
expected to induce flourishing growth opportunities for the market.
The increasing trends for moving workloads, in order to
improve collocation centers with the rising implementation of efficient and
reliable power management in hyper-scale data centers, are anticipated to
exhibit various opportunities for the Global Data Center Power Market growth
during the forecast period. The enhanced advancement in technologies and rising
government initiatives and investments are additional factors, that are
projected to drive the market growth of the Global Data Center Power Market.
Furthermore, the market growth of the Global Data Center
Power Market in terms of market shares and revenues is studied on the basis of
segmental analysis. The Data Center Power Market is segmented - By Component,
By Verticals, By End User Type, and by Region. Based on the Component, the Data
Center Power Market is bifurcated as Service and Solution segments.
Additionally, the Service Segment is further segmented into- training and
consulting, system integration, and support & maintenance. Whereas, the
Solution segment is further segmented into- power distribution and management,
power backup, and cabling infrastructure. The market is dominated by the power
backup solution segment because without power backup the data centers could not
be operated.
Based on the Verticals, the Data Center Power Market is
segmented into- Banking, Financial Services, and Insurance (BFSI), Government,
Healthcare, IT and Telecom, Defense & Aerospace, and Others. The segment
that is estimated to hold the largest market size and dominate the Data Center
Power Market in IT and Telecom, as its basic structure executes enormous data
center provision to control the flourishing quantity of data. Based on the End
User, the Data Center Power Market is further categorized as Enterprise Data
Center, Mid-Sized Data Center, and Large Data Center. The market is dominated
by the Large Data Center segment and is expected to hold the largest market
size and shares for Global Data Center Power Market as they extend above 25,000
sq. ft. area as well as provide superior ceiling facility installation and
effortless move of effectiveness on manufacturing floors.
Full report of Data Center Power
Market available @ https://www.omrglobal.com/industry-reports/data-center-power-market
Market Coverage
- Segment
Covered-
o By
Component
o By
Verticals
o By End
User
- Competitive
Landscape- Schneider Electric, Vertiv, ABB, Eaton, Delta Electronics,
Huawei, Legrand, Tripp Lite, Toshiba, Siemens, and Anord Mardix, among
others.
Key questions addressed by the report
- What
is the market growth rate? - Which
segment and region dominates the market in base year? - Which
segment and region will project fastest growth in the market? - How
COVID-19 impacted the market?
o Recovery
Timeline
o Deviation
from pre-COVID forecast
o Most
affected region and segment
- Who
is the leader in the market? - How
players are addressing challenges to sustain growth? - Where
is the investment opportunity?
Global Data Center Power Market Segment
By Component
·
Service
·
Solution
By Verticals
·
Banking, Financial Services, and Insurance
(BFSI)
·
Government
·
Healthcare
·
IT and Telecom
·
Defense & Aerospace
·
Others
By End User
·
Enterprise Data Center
·
Mid-Sized Data Center
·
Large Data Center
For More
Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/data-center-power-market
Media Contact:
Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known
for its crisp and concise reports. The company is equipped with an experienced
team of analysts and consultants. OMR offers quality syndicated research
reports, customized research reports, consulting and other research-based
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