Data Center Power Market Size to Account Major Industry Share Via Colocation Sector By 2024

The colocation data center power market accounted for a majority of the industry share in several Asian and European countries over the last few years. Companies are gradually shifting their IT infrastructure to the cloud with colocation providers offering a perfect solution for cloud providers and business servers owing to which a sharp increase in the construction activities is being witnessed. In addition, the colocation providers are offering companies uninterrupted maintenance and services, thereby enhancing their performance and productivity. The growing focus on the reduction of operational expenditure and capital by companies will drive the colocation data center power market over the forecast timespan.

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While elaborating further upon the growth prospects of the data center power market, it would be prudent to cite an exceptional instance that would reinforce the efficacy of the aforementioned declarations. As has been reported, Eaton Corporation, one of the foremost data center power market giant has been recently awarded a USD 10.7 million contract to enhance and upgrade the existing data center of Defense Information Systems Agency (DISA) in Ohio, U.S. The Ireland headquartered firm would deploy its expertise to expand the dual power network of the data center in a bid to fortify the center’s crucial uninterruptible power supply(UPS) systems, something which would augment the efforts of DISA to increase its mission loads and cater seamlessly to its consumers.

Several businesses are focusing on the implementation and construction of green infrastructure facilities owing to the rise in the consumption of electricity and carbon emissions. Green data centers are helping businesses to ensure energy efficiency by reducing carbon footprint and electricity consumption. The usage of these facilities is growing within the larger businesses and SMBs for the collection, evaluation, processing, and distribution of a vast amount of data in an incessant way. Companies operating in the entertainment and IT & telecom sector are implementing and using power management solutions for their infrastructure, providing an impetus to the data center power market growth.

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In North America data center power market, factors including digitization and virtualization have led to the emergence of several cloud-based companies, which are playing a vital role in the regional growth. The growth is attributed to the presence of public cloud companies, such as Microsoft and Amazon, which are generating opportunities for construction of new data center coupled with the renovation of the legacy data centers.

Some Point from Table of Contents:

Chapter 5.   Data Center Power Market, By Application

5.1.    Global data center power market share by application, 2016 & 2024

5.2.    BFSI

5.2.1. Market estimates and forecast, 2013-2024

5.2.2. Market estimates and forecast, by region, 2013 – 2024

5.3.    Colocation

5.3.1. Market estimates and forecast, 2013-2024

5.3.2. Market estimates and forecast, by region, 2013 – 2024

5.4.    Energy

5.4.1. Market estimates and forecast, 2013-2024

5.4.2. Market estimates and forecast, by region, 2013 – 2024

5.5.    Government

5.5.1. Market estimates and forecast, 2013-2024

5.5.2. Market estimates and forecast, by region, 2013 – 2024

5.6.    Healthcare

5.6.1. Market estimates and forecast, 2013-2024

5.6.2. Market estimates and forecast, by region, 2013 – 2024

5.7.    Manufacturing

5.7.1. Market estimates and forecast, 2013-2024

5.7.2. Market estimates and forecast, by region, 2013 – 2024

5.8.    IT & Telecom

5.8.1. Market estimates and forecast, 2013-2024

5.8.2. Market estimates and forecast, by region, 2013 – 2024

5.9.    Others

5.9.1. Market estimates and forecast, 2013-2024

5.9.2. Market estimates and forecast, by region, 2013 – 2024

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