Data Center UPS Market to hit $4.5bn by 2024: Global Market Insights, Inc.

Data Center UPS Market Size By Product (Small, Medium, Large), By Component (Solution [Standby UPS, Line Interactive UPS, Online UPS], Service [Managed, Professional]), By Application (BFSI, Colocation, Energy, Government, Healthcare, Manufacturing, Telecom & IT), Industry Analysis Report, Regional Outlook (U.S., Canada, Mexico, UK, Germany, France, Spain, Poland, Benelux, China, India, Japan, Singapore, Australia, Brazil, Argentina, Chile, Peru, GCC, South Africa), Application Potential, Price Trends, Competitive Market Share & Forecast, 2017 – 2024

Print
| Source: Global Market Insights, Inc

Sellbyville, Delaware , Nov. 30, 2017 (GLOBE NEWSWIRE) --

Data Center UPS Market is expected to surpass USD 4.5 billion by 2024; according to a new research report by Global Market Insights, Inc. The growing trend of virtualization, and cloud computing is driving the growth of the data center UPS market.

This trend has fueled the rise in the number of UPS installations for data centers in SMBs and large enterprises which has allowed these organizations to use power efficiently and effectively. These systems provide continuous power supply to the data centers and protect them against power interferences. In addition, a major driver of the data center UPS market is the growing usage of online services such as Amazon Prime, Netflix and Hulu coupled with the growth of data center colocation market.

Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/116

With companies collecting, analyzing and reporting vast amount of digital data, the industry has witnessed an exponential growth and need for technologies such as machine learning, cloud computing and IoT. With the rise in data usage and growing software industry, the usage and implementation of data centers is growing. The industry is witnessing a shift towards cloud computing, which has generated a demand for speed, security, and data storage and is helping strengthen the data center UPS market growth.

Renovation of existing data centers and manufacturing of new facilities will aid the data center UPS market growth over the coming years. Effective backup power systems have become critical for modern data centers owing rise in the amount of voltage fluctuations and power outages. These systems need regular maintenance and check-up which acts as a key challenge for deployment of the systems. Lack of dedicated and skilled personnel in companies to manage the systems is a major factor hindering the data center UPS market growth.

The increased adoption of IoT across several applications such as BFSI, healthcare, manufacturing, telecom & IT has generated a demand for data center UPS market which provide enhanced efficiency through reduced energy consumption. The industry is witnessing a shift towards data center colocation, as colocation services help simplify several processes. Companies implementing and using colocation services are relying on the vendors to handle intricate facility systems, such as IT setup and hardware upgrades without having to concern about the data center facility-related issues thereby driving the colocation demand.

Browse key industry insights spread across 430 pages with 743 market data tables & 84 figures & charts from this 2017 report Data Center UPS Market in detail along with the table of contents:

https://www.gminsights.com/industry-analysis/data-center-UPS-market

North America accounted for more than 30% of the global data center UPS market share in 2016 owing to the U.S. market and will grow at a high CAGR during the forecast timeline. Rapid infrastructure advancements of several sectors such as healthcare, manufacturing, entertainment, and IT & telecom, will provide an impetus to the regional industry growth. Moreover, increasing IT investments of SMBs, and strict government policies, in the U.S. will positively impact the demand for the data center UPS market in the next seven years.

Some of the major companies operating in the industry include Mitsubishi Electric, Ametek Inc., General Electric Co., ABB Ltd., Schneider Electric S.A., Emerson Corporation, Eaton Corporation, Delta Electronics Inc, and Siemens AG among others. Several companies are trying to capture the data center UPS market with a customized product portfolio, which is helping them gain high market share. The industry is moving towards consolidation on a global level with companies looking to expand in previously untapped locations. In addition, efficient and green UPS systems are slowly becoming a vital presence in the company’s product offerings.

Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/116


Browse Related Reports:

  • Data Center Cooling Market Size By Component (Solution {Chilling Unit, Air Conditioner, Cooling Tower, Control System, Economizer, Liquid Cooling System}, Service {Consulting, Maintenance & Support, Installation & Deployment}), By Cooling Technique (Rack/Row Based, Room Based), By Application (IT & Telecom, BFSI, Retail, Energy & Utility, Healthcare, Colocation), Industry Analysis Report, Regional Outlook (U.S., Canada, Mexico, Germany, UK, France, Russia, Spain, China, India, Japan, Singapore, Australia, Brazil, Colombia, Chile, Peru, Argentina, Bolivia, Venezuela, Saudi Arabia, UAE, South Africa), Application Potential, Competitive Market Share & Forecast, 2017 – 2024

    https://www.gminsights.com/industry-analysis/data-center-cooling-market
  • Data Center Equipment Market Size, Industry Outlook, Regional Analysis (U.S., Canada, Germany, France, UK, Italy, Russia, China, Japan, India, Thailand, Indonesia, Malaysia, Australia, Brazil, Mexico, Saudi Arabia, UAE, South Africa), Application Development, Competitive Landscape & Forecast, 2017 – 2024

    https://www.gminsights.com/industry-analysis/data-center-equipment-market


About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
Blog: https://www.gminsights.com/blogs
Connect with us: Facebook | Google+ | LinkedIn | Twitter