Data Center Power Market: Emerging Economies Expected to Influence Growth until 2028

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 Rest of the World).

Segment Analysis

Application Type

The data center power 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.

Research Methodology

This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s market realities and future market possibilities for the forecast period of 2022 to 2028.

The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market.

The vital data/information provided in the report can play a crucial role for the market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate the growth strategies to expedite their growth process.

This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools. 

More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. 

We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

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:

  • Market structure: Overview, industry life cycle analysis, supply chain analysis.
  • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
  • Market trend and forecast analysis.
  • Market 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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Ethan Brennan

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