Data Center UPS Market
Growth Factors of Data Center UPS Market
The data center UPS market size was valued at USD 5.35 billion in 2023, and the market is now projected to grow from USD 5.71 billion in 2024 to USD 10.29 billion by 2032, exhibiting a CAGR of 7.6% during the forecast period of 2023-2030.
The COVID-19 pandemic created significant opportunities on the data center UPS market growth as curbing coronavirus outbreak was prioritized. With the accelerated digital transformation due to the COVID-19 pandemic throughout the globe, there has been multiplied call for facts center offerings, such as online collaboration equipment, cloud computing, streaming devices, and e-commerce.
The data center UPS share globally has been contributed due to the growing demand for energy optimization. Generative AI algorithms play an essential role in optimizing electricity consumption in statistics facilities. It adjusts power utilization primarily based on environmental conditions and workload, which allows facts center operators to minimize electricity waste and improve the performance of UPS structures.
Furthermore, there’s been a notable trend of maintaining IT infrastructure for businesses. Organizations throughout various industries are more and more recognizing the importance of keeping continuous uptime for their IT infrastructure. Downtime can damage an enterprise’s reputation, resulting in sizable financial losses and a lack of purchaser acceptance.
Comprehensive Analysis of Data Center UPS Market
The data center UPS market and hardware & software IT services industry is rising at an exponential rate due to its market segmentation. This market expansion effectively provides a detailed regional assessment considering the dominant supply and demand forces that impact the hardware & software IT services industry. These segmentations are methodically segregated by UPS type, by data center size, and industry. The UPS types include, Standby, Line Interactive, and Double Conversion; By data center size Small, Medium, and Large; and by industry BFSI, IT & Telecom, Healthcare, Government, Manufacturing, Energy & Power, and Others.
The North American region is conducive to the global data center UPS market, leading to a recall of USD 2.04 billion owing to growing number of data center. UPS systems are critical components of records center infrastructure, helping the growth and expansion of records middle centers across the location. Further, information middle UPS systems assist businesses in North America to keep operational reliance, shield vital infrastructure and information, and meet the evolving desires of the virtual business environment. The top players in the market play a crucial role in the hardware & software IT services industry assuring industrial prospectus growth and setting market standards. These players include, Schneider Electric (France), Eaton Corp. (Ireland), ABB Ltd. (Switzerland), Mitsubishi Electric Corporation (Japan), Vertiv Group Corp. (U.S.), Clary Corp. (U.S.), Huawei Technologies (China), Delta Electronics, Inc. (Taiwan), Legrand (France), and Toshiba International Corporation (U.S.) these market players provide a level-playing competitive landscape.
In December 2023, Eaton released a brand-new UPS product, named Eaton 93T UPS, to supply stable energy for critical programs, consisting of small statistics facilities and server rooms. This solution is useful to industries, inclusive of IT sectors, finance, authorities, and healthcare.
Segmentation Table
ATTRIBUTE DETAILS
Study Period 2019-2032
Base Year 2023
Estimated Year 2024
Forecast Period 2024-2032
Historical Period 2019-2022
Growth Rate CAGR of 7.6% from 2024 to 2032
Unit Value (USD Billion)
Segmentation By UPS Type
- Standby
- Line Interactive
- Double Conversion
By Data Center Size
- Small
- Medium
- Large
By Industry
- BFSI
- IT & Telecom
- Healthcare
- Government
- Manufacturing
- Energy & Power
- Others (Media & Entertainment, etc.)
By Region
- North Ameirica (By UPS Type, By Data Center Size, By Industry, and By Country)
- South America (By UPS Type, By Data Center Size, By Industry, and By Country)
- Brazil
- Argentina
- Rest of South America
- Europe (By UPS Type, By Data Center Size, By Industry, and By Country)
- U.K.
- Germany
- France
- Italy
- Spain
- Russia
- Benelux
- Nordics
- Rest of Europe
- Middle East & Africa (By UPS Type, By Data Center Size, By Industry, and By Country)
- Turkey
- Israel
- GCC
- North Africa
- South Africa
- Rest of Middle East & Africa
- Asia Pacific (By UPS Type, By Data Center Size, By Industry, and By Country)
- China
- India
- Japan
- South Korea
- ASEAN
- Oceania
- Rest of Asia Pacific
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