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Reference Designs Market Revenue Analysis, Company Revenue Share, Global Forecast Till 2033
Posted by Latest Market Trends on August 9, 2024 at 2:26pm 0 Comments 0 Likes
The reference designs market is expected to be valued at USD 24.6 billion in 2023. The market is expected to reach USD 71.8 billion by 2033, rising at an 11.3% CAGR. Demand for these designs is driven by the many elements that influence the growth trajectory of the reference design industry. The reference design business is primarily driven by the rapid rate of technical advancement.
With continuous innovations in areas like semiconductor design, embedded systems, and software… Continue
With continuous innovations in areas like semiconductor design, embedded systems, and software… Continue
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Data Center Power Market Future Insights, Market Revenue and Threat Forecast by 2027 | COVID-19 Effects
Market Analysis
The global data center power market will develop at a 10% CAGR in the forecast period 2020- 2027, states the latest Market Research Future (MRFR) analysis. Data center power, put simply, is a power solution for managing the power usage effectiveness and boosts the efficiency of data centers. The data center manufacturers are creating advanced power management solutions like battery monitoring equipment, smart UPS, and intelligent rack PDU to decrease the power consumption rate overall.
Various factors are fueling the global Data Center Power Market Growth demand. As per the recent MRFR market estimates, such factors include cost optimization of data centers to minimize energy consumption and irregularities, operational expenses in power supply through UPS systems, increase in cloud computing and digitalization, increasing use of social media, the adoption of mobile computing and online services by business that need a large volume of storage and thus organizations outsource their computing needs to cloud-based infrastructure, and increasing construction of new data centers due to increasing demand for data storage by organizations worldwide. The additional factors adding market growth include the increase in the construction of hyper-scale data centers, increasing cost of energy, growing awareness among industry players, development and growing use of modular data centers, increasing use of OTT content services, shift towards intelligent power managing solutions, growing need for high power rating solutions, rapid infrastructure development of various end-use segments, widespread adoption of IoT and cloud computing, increase in data centers, and increasing urbanization.
On the contrary, complexity of data center designs, high initial investment, various standards requirements, rising cost of raw materials and skilled labor, and slowdown in the semiconductor industry may impede the data center power market growth in the forecast period.
Get a Free Sample @
https://www.marketresearchfuture.com/sample_request/5876
COVID-19 Analysis
The COVID-19 outbreak has increased the need for leasing or colocation services and a boom in the construction of new data center facilities too has been witnessed. This crisis has boosted the need for new data centers owing to the growing need from online events, online education, remote working, and online shopping. The adoption of cloud has witnessed acceleration, thus boosting the demand for data centers across the globe.
Market Segmentation
The MRFR report throws light on an inclusive segmental analysis of the data center power market on the basis of end users, components, and data center type.
By component, the data center power market is classified into service & solution. The solution segment is again divided into cabling infrastructure, uninterrupted power supply, power distribution and backup solutions, and others. The service segment is again segmented into system integration, support and maintenance, and training and consulting. Of these, the power distribution and backup solutions will lead the market over the forecast period.
By data center type, the data center power market is classified into enterprise size data center, large size data center, and mid-size data center. Of these, the large size data center will dominate the market over the forecast period.
By end user, the global data center power market is divided into retail, healthcare, power and energy, government, BFSI, IT and telecommunication, and others. Of these, power and energy will spearhead the market over the forecast period.
Regional Analysis
Based on region, the global data center power market covers the recent trends and growth opportunity across Europe, North America, the Asia Pacific (APAC), and Rest of the World (RoW). Of these, North America will rule the market over the forecast period. Increasing IT needs, rising energy consumption concerns, the availability of a large number of data centers in the US, rise in energy cost, the presence of several key players, and the region being the hub for cloud service providers and operators due to tax incentives and affordable utility rate are adding to the global data center power market growth in the region.
In the APAC region, the global data center power market is predicted to have healthy growth over the forecast period. Increasing data center construction, growing IT and telecom services, rise in cloud-based applications, government support for data center construction, and rising adoption of advanced technologies like cloud computing and IoT are fuelling the data center power market growth in this region.
Data Center Power Market Key Players:
ABB (Switzerland)
Emerson Electric Company (U.S.)
Schneider Electric (France)
General Electric (U.S.)
Eaton (Ireland)
Delta Power Solutions (Taiwan)
Raritan Inc. (U.S.)
Rittal GmbH & Co. KG (U.S.)
Server Technology, Inc. (U.S.)
Tripp Lite (U.S.)
CyberPower System (Taiwan)
Black Box Corporation (U.S.)
Caterpillar Inc. (U.S.)
HP Enterprise Company (U.S.)
Browse Complete Report @
https://www.marketresearchfuture.com/reports/data-center-power-mark...
Data Center Power Market Research Report: Information by Technology (Hall Effect, Magneto Resistive, Variable Reluctance), By Application (Automotive, Industrial, Aerospace & Defense, Consumer Electronics) and Region (North America, Europe, Asia-Pacific, Middle East & Africa, and South America)—Forecast till 2030
Read More Trending Articles
Server Virtualization Market
Security Operations Center Market
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
Contact:
Market Research Future (Part of Wantstats Research and Media Private Limited)
99 Hudson Street, 5Th Floor
New York, NY 10013
United States of America
+1 628 258 0071 (US)
+44 2035 002 764 (UK)
Email: [email protected]
Website: https://www.marketresearchfuture.com
The global data center power market will develop at a 10% CAGR in the forecast period 2020- 2027, states the latest Market Research Future (MRFR) analysis. Data center power, put simply, is a power solution for managing the power usage effectiveness and boosts the efficiency of data centers. The data center manufacturers are creating advanced power management solutions like battery monitoring equipment, smart UPS, and intelligent rack PDU to decrease the power consumption rate overall.
Various factors are fueling the global Data Center Power Market Growth demand. As per the recent MRFR market estimates, such factors include cost optimization of data centers to minimize energy consumption and irregularities, operational expenses in power supply through UPS systems, increase in cloud computing and digitalization, increasing use of social media, the adoption of mobile computing and online services by business that need a large volume of storage and thus organizations outsource their computing needs to cloud-based infrastructure, and increasing construction of new data centers due to increasing demand for data storage by organizations worldwide. The additional factors adding market growth include the increase in the construction of hyper-scale data centers, increasing cost of energy, growing awareness among industry players, development and growing use of modular data centers, increasing use of OTT content services, shift towards intelligent power managing solutions, growing need for high power rating solutions, rapid infrastructure development of various end-use segments, widespread adoption of IoT and cloud computing, increase in data centers, and increasing urbanization.
On the contrary, complexity of data center designs, high initial investment, various standards requirements, rising cost of raw materials and skilled labor, and slowdown in the semiconductor industry may impede the data center power market growth in the forecast period.
Get a Free Sample @
https://www.marketresearchfuture.com/sample_request/5876
COVID-19 Analysis
The COVID-19 outbreak has increased the need for leasing or colocation services and a boom in the construction of new data center facilities too has been witnessed. This crisis has boosted the need for new data centers owing to the growing need from online events, online education, remote working, and online shopping. The adoption of cloud has witnessed acceleration, thus boosting the demand for data centers across the globe.
Market Segmentation
The MRFR report throws light on an inclusive segmental analysis of the data center power market on the basis of end users, components, and data center type.
By component, the data center power market is classified into service & solution. The solution segment is again divided into cabling infrastructure, uninterrupted power supply, power distribution and backup solutions, and others. The service segment is again segmented into system integration, support and maintenance, and training and consulting. Of these, the power distribution and backup solutions will lead the market over the forecast period.
By data center type, the data center power market is classified into enterprise size data center, large size data center, and mid-size data center. Of these, the large size data center will dominate the market over the forecast period.
By end user, the global data center power market is divided into retail, healthcare, power and energy, government, BFSI, IT and telecommunication, and others. Of these, power and energy will spearhead the market over the forecast period.
Regional Analysis
Based on region, the global data center power market covers the recent trends and growth opportunity across Europe, North America, the Asia Pacific (APAC), and Rest of the World (RoW). Of these, North America will rule the market over the forecast period. Increasing IT needs, rising energy consumption concerns, the availability of a large number of data centers in the US, rise in energy cost, the presence of several key players, and the region being the hub for cloud service providers and operators due to tax incentives and affordable utility rate are adding to the global data center power market growth in the region.
In the APAC region, the global data center power market is predicted to have healthy growth over the forecast period. Increasing data center construction, growing IT and telecom services, rise in cloud-based applications, government support for data center construction, and rising adoption of advanced technologies like cloud computing and IoT are fuelling the data center power market growth in this region.
Data Center Power Market Key Players:
ABB (Switzerland)
Emerson Electric Company (U.S.)
Schneider Electric (France)
General Electric (U.S.)
Eaton (Ireland)
Delta Power Solutions (Taiwan)
Raritan Inc. (U.S.)
Rittal GmbH & Co. KG (U.S.)
Server Technology, Inc. (U.S.)
Tripp Lite (U.S.)
CyberPower System (Taiwan)
Black Box Corporation (U.S.)
Caterpillar Inc. (U.S.)
HP Enterprise Company (U.S.)
Browse Complete Report @
https://www.marketresearchfuture.com/reports/data-center-power-mark...
Data Center Power Market Research Report: Information by Technology (Hall Effect, Magneto Resistive, Variable Reluctance), By Application (Automotive, Industrial, Aerospace & Defense, Consumer Electronics) and Region (North America, Europe, Asia-Pacific, Middle East & Africa, and South America)—Forecast till 2030
Read More Trending Articles
Server Virtualization Market
Security Operations Center Market
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
Contact:
Market Research Future (Part of Wantstats Research and Media Private Limited)
99 Hudson Street, 5Th Floor
New York, NY 10013
United States of America
+1 628 258 0071 (US)
+44 2035 002 764 (UK)
Email: [email protected]
Website: https://www.marketresearchfuture.com
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