Data Center Power Market Size, Share and Global Market Forecast, 2027
Data Center Power Market The Data Center Power Market is projected to grow at a robust CAGR of 6.1% over the forecast period and is projected to reach USD 29,597 Million by the end of 2027. The factors driving the growth of Data Center Power Market includes increasing energy consumptions around the world, growing investments by leading players for developing data center infrastructures and rising demand for Smart Uninterruptible Power Supply (UPS) systems and brownfield facilities. As per the report published by IEA, the energy consumption in the Middle East region has increased from 792 Mtoe in 2017 to 813 Mtoe in 2019, which is expected to boost the Data Center Power Market size in Middle East region. Moreover, the increasing adoption of advanced technologies such as cloud computing and Internet of things and integration of renewable sources of energy with the data center power facilities, are some of the factors augmenting the Global Data Center Power Market . In addition, t...