North American Data Center Power Market size is set to cross USD 5 billion by 2026, according to a latest forecast report by Graphical Research.
The data centers utilize about 416 terawatts of electricity each year, which is around 3% of all electricity generated globally. According to Energy Technologies Area (ETA), the U.S. data centers consumed around 73 billion kWh in 2020. The need to reduce energy consumption will create more demand for data center power solutions in North America. Data center power management focuses on improving the flow of power distribution to ventilation systems, lighting, environmental control, and UPS systems.
The adoption of advanced technologies, such as IoT and cloud computing, in healthcare, transportation, BFSI, and IT & telecom industries will create a positive impact on data center power market growth. The region is witnessing increased adoption of modular data centers that offer low deployment time, unparalleled flexibility, and can be easily and quickly built on a site whenever capacity expansion is required. The expansion of modular data centers will drive the adoption of energy-efficient power management technologies to improve performance and reduce operational costs.
Browse detailed statistical insights from the report, “North America Data Center Power Market Size By Application (BFSI, Colocation, Energy, Government, Healthcare, Manufacturing, IT & Telecom), By Component (Solution [Power Distribution Units (PDUs), UPS, Generators, Cabling Infrastructure], Service [Managed, Professional]), Research Report, Country Outlook (U.S., Canada, Mexico), Price Trends, Growth Prospects, Competitive Industry Share & Forecasts, 2020 – 2026” along with the table of contents (ToC) @
The rising digital data, increasing enforcement of HIPAA standard, reducing healthcare cost, and improving healthcare infrastructure will drive the demand for data center power solutions from the healthcare industry. Several companies are developing data center power systems primarily for the healthcare industry. For instance, CyrusOne, one of the leading players, provides data center solutions for the healthcare industry. The power systems maintain HIPAA and other government-mandated compliance related to the healthcare sector.
The growing demand for high power rating solutions in North America, rising developments in intelligent power managing solutions, and growing demand for OTT services in the U.S. and Canada will drive the market growth. Moreover, the rising demand in data-intensive businesses has increased data center capacity, PUE ratio, and emission of greenhouse gases. To reduce the PUE ratio and increase data center power efficiency, key players in the market are focusing on developing intelligent PDUs, smart UPS, and battery monitoring equipment.
The North American data center power market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD from 2015 to 2026 for the following segments:
North America Market, By Component
- Power distribution unites (PDUs)
- Cabling infrastructure
North America Market, By Application
- IT & Telecom
The above information has been provided for the following countries: