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$21.73 Billion Data Center Power Market 2017 by Solution, Service, End-User Type, Vertical, and Region - Global Forecast to 2021 - Research and Markets

Research and Markets has announced the addition of the "Data Center Power Market by Solution (Power Distribution & Measurement, Power Backup, Cabling Infrastructure), Service (System Integration, Training & Consulting, Support & Maintenance), End-User Type, Vertical, and Region - Global Forecast to 2021" report to their offering.

Factors such as growing concern to optimize operational cost, increase in demand for data storage, and the requirement of efficient power management to minimize the high consumption of energy are anticipated to boost the data center power market during the forecast

The market is driven by factors, such as the need for cost-effective power consumption, reliable & efficient power supply, scalability, rising awareness about increasing operational cost due to rise in power cost among enterprises globally, and reduced cost of ownership. However, enterprises face some hindrance while adopting data center power solutions, such as complexities involved in application interoperability, high initial cost of investment, and rise in adoption of containerized data center.

The power distribution and measurement segment is expected to have the highest growth rate due to the rise in growing concern about the increasing cost of energy, which made the enterprises to adopt intelligent Power Distribution Units (iPDU) and measurement solutions to monitor data center power consumption. These benefits increased the unit shipments of power distribution and measurement components by the data center providers globally.

The system integration segment is expected to have the largest market share, owing to its special integration service of data center equipment to achieve high performance infrastructure and data center efficiency. The integration of the overall system is very important for successful business outcomes. There are many companies providing system integration services that provide additional features and functionalities and provide a reliable environment required for the installation of highly efficient power facility in data centers.

Market Dynamics

Drivers

  • Increasing Need of Enterprises to Reduce Operational Expenses
  • Anomalies in Power Supply Through UPS System
  • Rise in Digitization and Cloud Computing

Restraints

  • High Initial Investment
  • Interoperability Issues

Opportunities

  • Increase in Renovation of Data Centers
  • Emergence of Modular Data Centers
  • Increasing Use of Modular PDUs Among Data Centers

Challenges

  • Compliance Requirements
  • Growing Adoption of Green Data Centers

Companies Mentioned

  • ABB Group
  • Black Box Corporation
  • Cyber Power Systems, Inc.
  • Delta Electronic Inc.
  • Eaton Corporation
  • General Electric
  • Hewlett Packard Enterprise Company
  • Raritan Inc.
  • Rittal Corporation
  • Schneider Electric
  • Server Technology Inc.
  • Tripp Lite

For more information about this report visit http://www.researchandmarkets.com/research/vkdfw5/data_center_power

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