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Data Center Power Market Worth $23.67 Billion by 2019
|By PR Newswire
|September 3, 2014 07:30 AM EDT
DALLAS, September 3, 2014 /PRNewswire/ --
According to new market research report "Data Center Power Market by Solutions (Distribution, Measurement/Monitoring, UPS, Generator, Storage, Cabling Infrastructure), by Services (Consulting, Integration, Professional), by Verticals & Regions - Market Forecasts and Analysis (2014 - 2019)" published by MarketsandMarkets, defines and segments the Data Center Power Market into various segments with an in-depth analysis and forecasting of revenues. This research report also identifies the factors driving this market, various restraints, challenges and opportunities impacting it along with the future roadmaps.
Browse 93 market data tables and 68 figures spread through 151 pages and in-depth TOC on "DataCenter Power Market - Market Forecasts and Analysis (2014 - 2019)"
Early buyers will receive 10% customization on this report.
MarketsandMarkets broadly segments the Data Center Power Market by solution: power distribution, power measurement and monitoring, UPS, generator, power storage and cabling infrastructure; by service: consultation, professional and system integrator; by vertical: Telecom and IT, Banking, Financial services, and Insurance (BFSI),government, healthcare, energy, and others; by region: North America (NA), Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and Latin America (LA); by end user: cloud provider collocation provider, and enterprise
The power usage is one of the major operating expenses in data centers. This is driven by the demand of efficient power solutions which are capable of performing functions reliably and efficiently. The power quality maintenance is also an essential function of power system in data center, such that electricity supplied to IT components is free from any fluctuations. All the equipment should be monitored in order to protect them from overloading. Organization needs their data center available around the clock to avoid monetary losses in their businesses due to power shortage. The major equipment for backup solution in data center are UPS, battery and generators. The green data center power solutions provide efficient transmission of electricity to data center critical equipment.
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All the power solution providers are broadening their offerings to meet the business requirements of customers. The vendors are providing efficient electrical solutions to reduce the cost of infrastructure and operational cost of the data centers as well as to increase the capacity of data centers. MarketsandMarkets forecasts the Data Center Power Market to grow from $15.19 billion in 2014 to $23.67 billion by 2019, at a Compound Annual Growth Rate (CAGR) of 9.3%. North America (NA) is expected to be the largest Data Center Power Market region wise.
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