Data Center Power Market is Expected to Register a Considerable Growth by 2028

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The Data Center Power Market was valued at USD 20.2 billion in 2021 and is projected to reach USD 31.0 Billion by 2028, registering a CAGR of 6.2% during the forecast period.

The Data Center Power Market is segmented by Component (Service (Support and maintenance, training and consulting, System integration), Solution (Power backup, Power distribution and measurement, Cabling infrastructure), Data Center Size (Small Mid-Sized Data Center, Large Data Center), Application (Telecom IT, Banking, Financial Services and Insurance (BFSI), Government, Other), and Region (North America, Europe, Asia-Pacific, and the Rest of the World).

Segment Analysis

Application Type

The market has been bifurcated into telecom IT, banking, financial services and insurance (BFSI), government, and others. The telecom IT segment accounted for the largest market share in 2021 and is projected to register significant growth during the review period.

Regional Analysis

The market in North America accounted for the largest market share in 2021 and is projected to grow at a significant CAGR during the assessment period. The regional growth can be attributed to increasing demand for modular data centers and key market players such as Vertiv Holdings Co (US) and Raritan (US). The market in Asia-Pacific is expected to be driven by the rising adoption of data centers in the end-use industries, particularly in China and India.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

The following are the key features of the report:

  • Overview, industry life cycle analysis, supply chain analysis.
  • Environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
  • Trend and forecast analysis.
  • Segment trend and forecast.
  • Competitive landscape and dynamics: Market share, Product portfolio, New Product Launches, etc.
  • Attractive market segments and associated growth opportunities.
  • Emerging trends.
  • Strategic growth opportunities for the existing and new players.
  • Key success factors.

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