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North America Data Center Power Market to Cross USD 5 Bn by 2026

North America Data Center Power Market outlook encompasses a plethora of opportunities, owing to the requirement for a continuous and reliable power supply for smooth operations. North American countries including Mexico, Canada, and the U.S. are seeing robust expansion of the data center industry, supported by the adoption of cloud computing and IoT.

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North America Data Center Power Market to Cross USD 5 Bn by 2026

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  1. North America Data Center Power Market to grow at 6% CAGR from 2020 to 2026: Graphical Research ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

  2. North America Data Center Power Market outlook encompasses a plethora of opportunities, owing to the requirement for a continuous and reliable power supply for smooth operations. North American countries including Mexico, Canada, and the U.S. are seeing robust expansion of the data center industry, supported by the adoption of cloud computing and IoT. • Major cloud service providers including Google LLC, Microsoft Corporation, and Amazon have been investing resources toward hyperscale data center expansion. The growing number of internet users is supporting North America data center power market trends. A 2018 study conducted by Cisco Systems, Inc. estimates the number of North American internet users to reach 345 million by 2023. • By 2026, North America data center power market size is likely to cross $5 billion, due to the emphasis laid on power distribution optimization across enterprises of all types and sizes. The booming demand for OTT streaming services in the region has generated new opportunities for the industry participants. Some of the leading data center power companies include: • Eaton Corporation • Schneider Electric SE • Cummins, Inc. • Vertiv Group Co. • Tripp Lite • Cisco Systems, Inc. • ABB Group • Hewlett-Packard Company ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

  3. Get sample copy of this research report @ https://bit.ly/3vgIb57 With data centers growing more responsible as corporate citizens, they are increasingly embracing renewable energy. A recent study reveals that of the overall water footprint accredited to data centers, nearly 75% was from power plant-originated indirect water use while 25% came from on-site water usage. This has implications for creating awareness regarding power consumption as part of the total water footprint. Data centers account for over 416 terawatts of electricity annually, representing approximately 3% of the total power generated on a global scale. American data centers consumed nearly 73 billion kWh during 2020, as per the records of the Energies Technologies Area (ETA). Since reduction of energy consumption has been a major concern for regional data centers, North America data centers power market forecast is set to progress. By application, the data center power market share in North America is categorized by IT & telecom, colocation, BFSI, healthcare, energy, manufacturing, and government. The deployment of digital services by BFSI enterprises has certainly grown since the beginning of the COVID-19 pandemic. By 2026, the data center power industry share from the BFSI sector is likely to occupy a large portion of the total revenue in North America. With data analytics and AI becoming mainstream, massive volumes of data produced by the BFSI sector necessitate investment in North America data center power market outlook. Request for customization @ https://bit.ly/3BeLiP3 ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

  4. The significant increase in power density, alongside the augmenting demand for ecological solutions, is facilitating North America data center power industry forecast. By component, the UPS segment is slated to command a considerable industry share by 2026. It has become imperative to address costly downtime issues faced by companies. Since UPS ensures uninterrupted power supply to a facility during emergencies, North American firms are accelerating their UPS deployment. • U.S. data center power market size is expanding at a fast pace through the past few years, sparked by the growing investments attracted by data center facilities. New construction projects can be seen emerging across the nation, generating more demand across data center market for electricity. For instance, recently, in August 2021, Alabama governor announced that AUBix LLC has been planning to open a 40,000 sq.ft. data center facility on Samford Avenue. An investment worth nearly $120 million is made toward this initiative, which is expected to provide state-of-the-art infrastructure to individuals and businesses in the region. • Segmentation of North America Data Center Power Market: • North America Market, By Application • BFSI • Colocation • Energy • Government • Healthcare • Manufacturing • IT & Telecom • Others ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

  5. North America Market, By Component • Solution • Power distribution unites (PDUs) • UPS • Generators • Cabling infrastructure • Others • Services • Managed • Professional • The above information has been provided for the following countries: • North America • U.S. • Canada • Mexico ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

  6. About Graphical Research: Graphical Research is a business research firm that provides industry insights, market forecast and strategic inputs through granular research reports and advisory services. We publish targeted research reports with an aim to address varied customer needs, from market penetration and entry strategies to portfolio management and strategic outlook. We understand that business requirements are unique: our syndicate reports are designed to ensure relevance for industry participants across the value chain. We also provide custom reports that are tailored to the exact needs of the customer, with dedicated analyst support across the purchase lifecycle. Contact Us: Parikhit B. Corporate sales, Graphical Research Email:sales@graphicalresearch.comWeb: https://www.graphicalresearch.com ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

  7. Stay In Touch With Us For: Website: www.graphicalresearch.com Social Media: Assured Quality On-Time Delivery Payment Security Industry Experts ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

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