BREAKING: Power Is Key To Data Centre Growth – Report
The global data centre power market size is anticipated to reach $42,35 billion by 2030, according to a new report by Grand View Research.......➡️CONTINUE READING THE FULL ARTICLES HERE.
The market is projected to grow at a CAGR of 13,2% from 2025 to 2030. The factor driving the market growth is the shift in focus of end-users towards colocation and hyper-scale data centres.
In addition, increasing establishment of such data facility centres is expected to increase demand for data centre power equipment over the forecast period.
Covid-19 has significantly impacted the data centre power industry. The rapid growth in the datasets used, and generated by several companies and individuals has increased data storage demand.
Data centres consume around 1% to 1,25% of global energy. Thus, many data centre designers adopt management solutions and advanced power distribution to attain energy efficiency at lower Power Usage Effectiveness (PUE) ratios. This goal to reduce the PUE ratio is expected to further fuel the demand for intelligent and advanced data centre power industry products over the forecast period.
An uninterrupted power supply (UPS) is the backbone of data centres and is deployed to ensure the smooth working of servers and other networking devices. Moreover, UPS’s cost is significantly higher than any other data centre power product.
In addition, most data centres use smart UPS systems, battery monitoring devices, and intelligent power distribution systems (PDU) to reduce the PUE ratio. Thus, increasing penetration of these new devices is expected to boost the demand for UPS over the forecast period.
Many mega data centres in North America engage in procuring renewable energy sources for data centre operations. Tier 1 and Tier 2 facilities are anticipated to witness the espousal of basic PDUs. However, the adoption of intelligent infrastructure with power monitoring ability is expected to grow due to rising concerns about power consumption, particularly in the U.S.