North America Offsite Data Center Power Infrastructure Market Size, Share & Trends Analysis Report By Offering (Solutions, and Services), By Vertical, By Country and Growth Forecast, 2024 - 2031
The North America Offsite Data Center Power Infrastructure Market would witness market growth of 16.6% CAGR during the forecast period (2024-2031).
The US market dominated the North America Offsite Data Center Power Infrastructure Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $8,876.8 million by 2031. The Canada market is experiencing a CAGR of 19.1% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 18.1% during (2024 - 2031).
It refers to the systems and technologies that provide, manage, and maintain the necessary power to operate data centers located away from a company’s main facilities. These data centers are often housed in remote or third-party locations (sometimes called colocation or cloud data centers), and they depend on highly reliable and scalable power infrastructure to ensure uninterrupted operation. Since data centers host critical applications, store massive amounts of data, and handle essential business processes, a stable and resilient power supply is vital to prevent downtime, service outages, and potential data loss.
This market is an increasingly vital segment within the broader industry, reflecting the critical need for reliable, resilient, and scalable power systems to support the burgeoning global demand for digital services. The increasingly depends on data-driven technologies, the infrastructure that powers data centers has taken on heightened importance. Whether serving cloud computing giants, enterprise IT needs, or rapidly expanding digital economies in emerging markets, these data centers require sophisticated power infrastructure to ensure continuous operations.
The cloud computing boom in Mexico is driving the demand for offsite data center power infrastructure. As a result of businesses from a wide range of industries moving their operations to the cloud in order to improve their operational efficiency and cut costs, cloud services have been growing in Mexico. This migration has been highlighted by information provided by the government. This rapid adoption of cloud computing has led to an increased need for data centers that can provide the necessary power and cooling solutions to support cloud infrastructure. As a result, there has been a surge in investments in data center power systems in Mexico, particularly in urban areas where cloud service providers are expanding their presence. These factors collectively illustrate the diverse demand drivers for this across North America.
Based on Offering, the market is segmented into Solutions, and Services. Based on Vertical, the market is segmented into BFSI, IT & Telecom, Retail, Media & Entertainment, Manufacturing, Healthcare, Government & Defense, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- >ABB Group
- Schneider Electric SE
- Eaton Corporation plc
- Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
- Johnson Controls International PLC
- Delta Electronics, Inc.
- Altron a.s.
- Vertiv Holdings Co.
- Hubbell Incorporated
North America Offsite Data Center Power Infrastructure Market Report Segmentation
By Offering
By Vertical
- >BFSI
- IT & Telecom
- Retail
- Media & Entertainment
- Manufacturing
- Healthcare
- Government & Defense
- Others
By Country
- >US
- Canada
- Mexico
- Rest of North America