Switzerland Data Center Power - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2024 - 2029)

Switzerland Data Center Power - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2024 - 2029)

The Switzerland Data Center Power Market size is estimated at USD 235.80 million in 2024, and is expected to reach USD 281.20 million by 2029, growing at a CAGR of 3.30% during the forecast period (2024-2029).

The increasing demand for cloud computing among SMEs, government regulations for local data security, and growing investment by domestic players are some of the major factors driving the demand for data centers in the country.

Under construction IT load capacity: The upcoming IT load capacity of the Switzerland data center market is expected to reach 450 MW by 2029.

Under construction raised floor space: The country's construction of raised floor area is expected to increase to more than 1.7 million sq. ft by 2029.

Planned racks: The country's total number of racks to be installed is expected to reach 88,200 units by 2029. Zurich is expected to house the maximum number of racks by 2029.

An increasing need for data storage has resulted in an upsurge in the number of data centers, and the rising usage of data centers has increased electricity consumption in the country. The country has made clear progress in increasing competition in electricity and natural gas markets. It has reduced the use of fossil fuels and increased the share of renewable energy. The country’s economy is also becoming less energy-intensive. Moreover, to further reduce energy consumption, key market players are focusing on introducing efficient power management systems such as PDUs, busways, and UPS for the purpose of controlling unnecessary expenditures in data centers, which is expected to increase the market's growth.

Switzerland Data Center Power Market Trends

The IT and Telecommunication Segment is Expected to Hold a Major Share in the Market

• Increased adoption of cloud computing services in the country has increased the demand for IT infrastructure components. Many technology companies have launched cloud services to support the digital transformation efforts of many enterprises and increased adoption of e-commerce services has facilitated digitization. These instances are increasing the demand for the data center power market during the forecast period.
• Moreover, the data center market is achieving new records due to the increasing penetration of connected devices, including consolidation and the emergence of new players. Such cases will have a positive impact on the market's growth.
• The number of servers in data centers is likely to increase as the demand for these digital services increases. The changing adoption of end users, primarily focused on digital connectivity, requires more data storage. Typically, this situation corresponds to increased demand for data centers. Increasing data centers necessitates increasing the use of systems for power facilitation.
• The rising use of smartphones in the Swiss market results in a constant increase in data, necessitating an increase in storage space, and data centers must manage the sheer amount of data. This also corresponds to an increase in the market value of the data center power market.
• Social media users in Switzerland were 7.54 million, which increased by 440 thousand between 2021-2023, indicating a 6.2% growth. Considering the above factors, such as an increase in data consumption, time spent on smartphones, and growth of digitalization across all end users, leads to the rise of data traffic per smartphone. This necessitates an increase in storage space and data centers to manage the sheer amount of data. This also corresponds to an increase in the market value of the data center power market.

The PDU Segment is Expected to Hold a Significant Share in the Market

• The growing focus on digitization, internet penetration, and e-commerce across the country has created a need for storage capacity, resulting in huge demand for data centers and increased power consumption. The growing need for data storage is leading to the adoption of intelligent power distribution units (PDUs) to optimize power consumption in data centers rather than simple multi-socket rack installations, servers, and networking devices.
• PDUs are essential components of data center and server room infrastructure, allowing real-time monitoring of power consumption, voltage, current, and other electrical parameters. This data allows administrators to make informed decisions about power allocation and capacity planning.
• By tracking power consumption trends, managers can plan for future growth and avoid exceeding power capacity, preventing overloads that can lead to equipment failure. It also helps identify inefficiencies and optimize energy consumption. This eliminates unnecessary power consumption, lowers costs, and reduces environmental footprint. Additionally, administrators can access and control it remotely, reducing the need for physical presence and minimizing disruption to operations.
• Industrial end users are gravitating toward cloud platforms such as Microsoft Azure, Google Cloud, and AWS. Growth trends indicate rapid adoption of cloud-based applications by end users. This opens the opportunity for intelligent and compact PDUs that can meet the increasing power requirements to operate such platforms.
• With the growth of large and massive data centers in the country, the need for PDUs is also increasing. Faster internet speeds and the associated proliferation of accessible devices play an important role in determining and estimating national data consumption. The number of 5G mobile connections has increased significantly, which means that the penetration rate of 5G mobile in the country is high. Increased data traffic will further increase the demand for DC facilities with intelligent PDU systems.

Switzerland Data Center Power Industry Overview

The data center power market is moderately concentrated due to higher initial investments and low availability of resources. It is dominated by a few major players like Schneider Electric SE, Fujitsu Ltd, Cisco Technology Inc., Eaton Corporation, and ABB Ltd. These major players, with a prominent share of the market, focus on expanding their customer base across foreign countries. These companies leverage strategic collaborative initiatives to increase their market share and increase their profitability. However, with technological advancements and product innovations, mid-size to smaller companies have increased their market presence by securing new contracts and tapping new markets.

December 2023: Eaton Corporation announced the launch of its new Rack PDU G4 (4th generation) that provides a high security and business continuity data center. It also combines with C39 outlets that securely connect both C14 and C20 power cords, backed by a locking mechanism and a built-in high retention system that secures the power cord.

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• The market estimate (ME) sheet in Excel format
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