The Business Research Company’s Data Center Power Management Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Data Center Power Management Global Market Report 2023 evaluates data center power management market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global data center power management market is expected to grow from $19.59 billion in 2022 to $20.79 billion in 2023 at a compound annual growth rate (CAGR) of 6.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and resulted in increased interest rates affecting many markets across the globe. The data center power management market is expected to reach $27.94 billion in 2027 at a CAGR of 7.7%.
Increasing data traffic is expected to boost the growth of the data center power management market going forward. Data traffic refers to the movement of digital data packets across a computer network or the internet. Power management is necessary for data centers to manage the data traffic and guarantee the dependability and accessibility of data center services while lowering energy usage and costs. For instance, in 2021, according to the World Bank, a US-based financial institution, the total global internet traffic increased by about 50% 2022 from 2020 levels, reaching 4.8 zettabytes, equal to 150,000 GB per second. Therefore, increasing data traffic is driving the growth of the data center power management market.
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The data center power management market segments in the report are:
1) By Component: Hardware, DCIM (Data Center Infrastructure Management) Software, Services
2) By Data Center Type: Modular Data Centers, Colocation Data Centers, Cloud Data Centers, Edge Data Centers, Hyperscale Data Center, Micro Mobile Data Centers
3) By Installation Type: New Installation, Retrofit Or Upgrade
4) By Industry: Banking, Financial Services And Insurance(BFSI), Healthcare, Manufacturing, IT And Telecom, Media And Entertainment, Retail, Government, Other Industries
The table of contents in TBRC’s data center power management market report includes:
1. Executive Summary
2. Data Center Power Management Market Characteristics
3. Data Center Power Management Market Trends And Strategies
4. Data Center Power Management Market - Macro Economic Scenario
5. Global Data Center Power Management Market Size and Growth
.............
32. Global Data Center Power Management Market Competitive Benchmarking
33. Global Data Center Power Management Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Data Center Power Management Market
35. Data Center Power Management Market Future Outlook and Potential Analysis
36. Appendix
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