Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 5.91 Billion | USD 11.10 Billion | 6.5% | 2023 |
According to Zion Market Research, the global Data Center UPS (Uninterruptible Power Supply) Market was worth USD 5.91 Billion in 2023. The market is forecast to reach USD 11.10 Billion by 2032, growing at a compound annual growth rate (CAGR) of 6.5% during the forecast period 2024-2032.
The report offers a comprehensive analysis of the market, highlighting the factors that will determine growth, potential challenges, and opportunities that could emerge in the Data Center UPS (Uninterruptible Power Supply) Market industry over the next decade.
Growing Inclination towards Cloud Computing to Benefit the Centre UPS Market
The rising inclination towards cloud computing, virtualization, and the growing demand for easy data availability is expected to propel the data centre’s uninterrupted power supply (UPS) market during the forecast period.
The rising application of digital services and the prevalence of the digital age or increasing digitization in general especially in the evolving economies will further propel expansion in the data centre uninterrupted power supply (UPS) market. Moreover, concerns regarding the loss of data in case of a power outage will also drive growth in the demand for data centre uninterrupted power supply (UPS).
Data center UPS system offers secured and constant electric supply to data centers along with protecting them against power fluctuations. These tools provide backup power and ensure proficient operations. In addition to this, they help in protecting the equipment from the damage due to voltage fluctuations. Furthermore, data centers are mainly utilized by firms for processing & distributing of big data and require reliable UPS for providing security to the data.
By Product -(Online Conversion, Line-interactive, Off-line/Standby), Capacity (Less than 10kVa, 10-100 kVa, Above 100 kVa),
By Application (Telecommunication, Data Centers, Industrial, Medical, Marine, Residential & Commercial)
Growing cloud computing trends and virtualization has resulted in the surge in the data center deployment across the globe. Escalating popularity of UPS tools due to massive acceptance of cloud servers will proliferate the expansion of data center UPS (Uninterruptible Power Supply) market in the years ahead. Lucrative need for uninterrupted services and power backup facility will create new growth avenues for data center UPS (Uninterruptible Power Supply) market over the assessment period. Furthermore, large-scale acceptance of mobile computing, digital solutions, and remote access solutions by various firms will promulgate the expansion of data center UPS (Uninterruptible Power Supply) industry over the forthcoming years. Nonetheless, high raw materials and lack of skilled workforce will put brakes on the data center UPS (Uninterruptible Power Supply) industry in the years ahead.
The expansion of data center UPS (Uninterruptible Power Supply) market in the North American sub-continent over the forecast timeline is owing to massive need for incessant power supply in data centers across insurance, finance, and healthcare sectors in the countries such as the U.S. Easy access to computing and need of the firms for addressing data center footprints will steer the expansion of the data center UPS (Uninterruptible Power Supply) industry over the ensuing years.
Report Attributes | Report Details |
---|---|
Report Name | Data Center UPS (Uninterruptible Power Supply) Market |
Market Size in 2023 | USD 5.91 Billion |
Market Forecast in 2032 | USD 11.10 Billion |
Growth Rate | CAGR of 6.5% |
Number of Pages | 110 |
Key Companies Covered | Gamatronic Electronic Industries; General Electric; Toshiba Corp.; Clary Corp.; and Belkin International Inc. |
Segments Covered | By product and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Key participants profiled in the report are-
By product:
FrequentlyAsked Questions
Growing cloud computing trends and virtualization has resulted in the surge in the data center deployment across the globe. Escalating popularity of UPS tools due to massive acceptance of cloud servers will proliferate the expansion of data center UPS (Uninterruptible Power Supply) market in the years ahead. Lucrative need for uninterrupted services and power backup facility will create new growth avenues for data center UPS (Uninterruptible Power Supply) market over the assessment period. Furthermore, large-scale acceptance of mobile computing, digital solutions, and remote access solutions by various firms will promulgate the expansion of data center UPS (Uninterruptible Power Supply) industry over the forthcoming years.
Data Center UPS (Uninterruptible Power Supply) Market was worth USD 5.91 Billion in 2023. The market is forecast to reach USD 11.10 Billion by 2032, growing at a compound annual growth rate (CAGR) of 6.5% during the forecast period 2024-2032.
. North America is likely to make noteworthy contributions towards overall Data Center UPS (Uninterruptible Power Supply) Market revenue in the foreseeable future. The growth of the market in the region over 2019-2025 can be ascribed to massive need for incessant power supply in data centers across insurance, finance, and healthcare sectors in the countries such as the U.S. Easy access to computing and need of the firms for addressing data center footprints will steer the expansion of the data center UPS (Uninterruptible Power Supply) industry over the ensuing years.
The key players profiled in the report include Gamatronic Electronic Industries; General Electric; Toshiba Corp.; Clary Corp.; and Belkin International Inc.
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