Global Data Center Power Market Size & Outlook, 2023-2030
Global data center power market, 2018-2030 (US$M)
Related Markets
Global data center power market highlights
- The global data center power market generated a revenue of USD 8,759.9 million in 2023 and is expected to reach USD 15,013.7 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 8% by 2030.
- In terms of segment, ups accounted for a revenue of USD 6,086.0 million in 2023.
- Busway is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Mexico is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 8,759.9 million |
| Market revenue in 2030 | USD 15,013.7 million |
| Growth rate | 8% (CAGR from 2023 to 2030) |
| Largest segment | Ups |
| Fastest growing segment | Busway |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | PDU, UPS, Busway |
Other key industry trends
- In terms of revenue, the North America accounted for 37.8% of the global data center power market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Mexico is the fastest growing regional market and is projected to reach USD 31.9 million by 2030.
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Data Center Power Market Scope
Data Center Power Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global data center power market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to data center power market will help companies and investors design strategic landscapes.
Ups was the largest segment with a revenue share of 69.48% in 2023. Horizon Databook has segmented the Global data center power market based on pdu, ups, busway covering the revenue growth of each sub-segment from 2018 to 2030.
IT is a fundamental component of every business and an organization needs to establish a formal process to ensure that IT services are aligned to the business while delivering efficient as well as reliable support. Therefore, a large number of companies outsource their data center needs to external IT infrastructure service providers to manage critical business data and applications, which is expected to fuel the need for data centers and data center PDUs during the foreseeable years.
Technological advancements with the advent of cloud computing and virtualization have led to a rise in concerns associated with the availability of IT infrastructure facilities. The IT industry is highly dynamic in nature and characterized by technological developments and innovation.
In recent times, the market has witnessed a significant shift, which may be attributed to the emergence of mobility, big data, social networking, and cloud computing. The data center power market has been substantially boosted by the eager acceptance of cloud servers, which pack more power into smaller spaces.
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Our clientele includes a mix of data center power market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global data center power market , including forecasts for subscribers. This global databook contains high-level insights into Global data center power market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global data center power market size, by regions, 2018-2030 (US$M)
Top 10 countries: Data center power market size, 2023 (US$M)
Global data center power market share, by product, 2023 & 2030 (%, US$M)
Data center power market: Opportunity assessment by country
Global data center power market, by region, 2023 (US$M)
Related regional statistics
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