Data Center Power Market by Solutions and Services Worth $23.67 Billion by 2019 - New Report by MarketsandMarkets
(PRWEB) November 12, 2014 -- According to a new market research report "Data Center Power Market by Solutions (Distribution, Measurement/Monitoring, UPS, Generator, Storage, Cabling Infrastructure), by Services (Consulting, Integration, Professional), by Verticals & Regions - Market Forecasts and Analysis (2014 - 2019)", published by MarketsandMarkets, segments the global market to define the market size for in-depth analysis and forecasting for the next few years. The study also categorizes the factors driving the market, different restraints, challenges and opportunities affecting it along with the future roadmaps.
Browse 93 market data tables and 68 figures spread through 151 pages and in-depth TOC on "Data Center Power Market - Market Forecasts and Analysis (2014 - 2019)"
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MarketsandMarkets forecasts the Data Center Power Market is expected to reach $23.67 Billion by 2019, which is estimated to be worth $15.19 Billion in 2014. The market is estimated to grow at a projected Compound Annual Growth Rate (CAGR) of 9.3% during the forecasted period. In terms of region, North America (NA) expected to be the largest Data Center Power Market.
MarketsandMarkets generally segments the Data Center Power Market
• Solution: Power Storage, Cabling Infrastructure, UPS, Power Measurement and Monitoring, Generator, and Power Distribution
• Service: Professional, System Integrator & Consultation
• Vertical: Telecom and IT, Healthcare, BFSI, Energy, Government and others
• Region: Europe, Asia-Pacific, Middle East and Africa, North America & Latin America
• End User: Enterprise & Cloud Provider Collocation Provider
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A major operating expense in data centers is the power usage. This is driven by the demand of efficient power solutions, which are capable of performing functions reliably and efficiently. The power quality maintenance is also an essential function of power system in data center, such that electricity supplied to IT components is free from any fluctuations. All the equipment should be monitored in order to protect them from overloading. Organization needs their data center available around the clock to avoid monetary losses in their businesses due to power shortage. The major equipment for backup solution in data center are UPS, battery and generators. The green data center power solutions provide efficient transmission of electricity to data center critical equipment.
To come across the business requirements of customers, all the power solution sources are expanding their offerings. The vendors are delivering well-organized electrical solutions to decrease operational & infrastructure cost. It also helps to increase the capacity of data centers.
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