DUBLIN--(BUSINESS WIRE)--The "Global Data Center Power Market - Segmented by Solution, Service (Consulting, System Integration, Professional Service), End-User (Telecom, BFSI, Healthcare), and Region - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
Data Center Power Market was worth USD 19.89 billion in 2017 and is projected to grow to USD 32.36 billion by 2023 at a CAGR of 8.45% during the period 2018-2023.
The growth of population and rapid rise of mobile and other electronic device is leading to rise in data production. The enormous data mounting caused by increasing internet usage prompts the demand for optimal data storage mechanisms. As more and more data begins to mount up, high energy-efficient data center power solutions are required. Somehow, data center operators succeeded in meeting the demand for increased computing capacity, by deploying more powerful data servers within the same physical space.
Increasing consumption of internet services and growing volumes of data generation is driving the need of efficient data centers. The demand for more effective solutions and services is expected to drive the need for data centers. With rapid penetration of smartphones and internet in the region, the need for data centers has become more important than ever.
The United States is one of the major data center markets in the region. Few other attributes, such as geographical location, stable power supply and political stability in the country, are encouraging the establishment of data centers in the country. It is also spared from many natural calamities that affect neighboring countries; this has apparently garnered interest from a lot of investors looking for safe overseas opportunities. Canada is one other market with similar traits in this region.
Companies Mentioned
- Amazon.Com Inc.
- ABB Corporation
- Schneider Electric
- Eaton Corporation
- Emerson Network Power Inc
- Power Innovations International
- Controlled Power Company.
- CLARY
- Socomec Group
- Gamatronic Electronic Industries
- Benning Power Electronic
- Piller Group
Key Topics Covered:
1. Introduction
2. Research Approach and Methodology
3. Executive Summary
4. Market Dynamics
5. Technology Snapshot
6. Global Data Center Power Market Segmentation
7. Competitive Intelligence - Company Profiles
8. Investment Analysis
9. Future Outlook of Data Center Power Market
For more information about this report visit https://www.researchandmarkets.com/research/msqpds/global_data?w=4
