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The data center power market size is forecast to increase by USD 22.9 billion at a CAGR of 11.25% between 2023 and 2028. The market is witnessing robust expansion due to several pivotal factors. Firstly, the surge in investments for constructing data centers to facilitate digital transformation and cloud computing is fueling market growth. Secondly, the burgeoning demand for high-performance computing in sectors like finance, healthcare, and research is resulting in heightened energy consumption in data centers. Moreover, the concern over UPS battery failures and the subsequent requirement for backup power solutions is creating lucrative opportunities for market participants. These trends are projected to persist, with the market forecasted to expand steadily in the ensuing years. However, market players confront challenges such as the escalating intricacy of power management systems and the imperative for energy-efficient solutions. Overall, the market is set to expand substantially, fueled by the escalating demand for digital services and the necessity for dependable and efficient power solutions.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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