Data Center Power Market Growth Analysis & Forecast Report | 2020-2026

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Data Center Power Market Growth Industry
Analysis Report, 2020-2026
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Continued

• With the wide adoption of technologies such as
  cloud computing and IoT by numerous enterprises,
  demand for efficient and reliable data centers
  has increased considerably. This is likely to
  provide massive momentum to data center power
  market over the ensuing years due to increased
  deployment of data power solutions across these
  enterprises.
• As per Cisco Systems statistics, the number of
  hyperscale data centers is estimated to grow from
  338 in 2016 to 628 by 2021, accounting for 53 of
  entire data centers. In this regard, it would
  safe to declare that according to a report by
  Global Market Insights, Inc., data center power
  market size is projected to surpass USD 10
  billion by 2026.

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Key Insights Data Center Power Market

• Citing another instance, in 2018, Siemens
  introduced a new line of power supply units under
  Sitop PSU6200 range. According to the company
  officials, this new range is likely to offer
  higher reliability, efficiency and occupies
  lesser space. In addition, its high effectiveness
  of around 95 percent and effective heat
  dissipation through metal enclosure keeps the
  heat generation low.

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Major Companies Data Center Power Market

• ABB Ltd.
• Active POWER
• Belkin InternationalInc.
• Black Box Corporation
• Caterpillar Inc.
• CumminsInc.
• Cyber Power SystemsInc.
• Delta Electronic Inc.
• Eaton Corporation

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Regional Data Center Power Market

• Regionally, Data Center Power market in MEA is
  estimated to grow commendably over the
  forthcoming years attributing to the thriving
  telecommunication industry in the region. This
  has increased the demand for cloud computing
  which in turn has urged service providers to
  extend their IT facility across several economies
  in the region. As a result, various telecom
  operators are focusing on establishing
  large-scale facilities for improving their data
  transmission rate and meanwhile gaining a
  competitive edge in the market.

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