Global Data Center Power Market - Growth, Trends And Forecast (2014-2019)

LONDON, Dec. 16, 2014 /PRNewswire/ -- The global DataCenter Power market is expected to grow from $15.07 billion in 2014 to $24.01 billion by the end of 2019 at a CAGR of 9.67%. This is being driven by the exceptional rise in the demand for data storage space.

Data centers are commonly run by large companies or government agencies. However, they are also increasingly used to provide a fast-growing cloud solution service for private and business applications. The need for security of the data and prevention of accidental or intentional manipulation of hardware means that data centers are placed in well-constructed, sturdy buildings that house servers, storage devices, cables, and a connection to the Internet. In addition, the center also has a large amount of equipment associated with supplying power and cooling, and often automatic fire extinguishing systems. This requires a significant amount of power which makes power is a very important component of the expenses incurred in running a DataCenter.

The growing demand for data storage has made expansion of the capacities of data centers of various companies and businesses. This unprecedented increase coupled with the rising concerns about power consumption is driving companies to adopt greener and eco-friendly measures which are driving the innovation in this market. With applications becoming increasingly dependent on the cloud hosted by these data centers, the center's reliability and uptime are crucial. This is driving the market towards replacing the traditional data centers.

The report analyses the market based on application segregated by various end user industries like BFSI, Heathcare, Government, Energy and Power and Information Technology across the major geographies of the world. Detailed market shares are given and forecasts for the next five years are estimated. The major companies in the market like ABB, Eaton, HP among others are studied and their strategies are analysed. Recent developments and their impact on the market are analysed.

What the report offers:

1) Market definition for Operations Analytics Intelligence with information on drivers and restraints.
2) Market Analysis involving major markets, and usage of Operations Analytics Intelligence in the industry.
3) Identification of factors instrumental in changing the market scenarios, rising prospective opportunities and identification of key companies which can influence the market on a global and regional scale.
4) Extensively researched competitive landscape with profiles of major companies along with their market share.
5) A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.

Reasons for buying this report:

1) We provide you the most comprehensive market segmentation.
2) Would be of assistance in providing a comprehensive analysis of the major trends, innovations and associated prospects for market growth over the coming half a decade.
3) Wide-ranging information provided about the leading market players, major strategies adopted by them and new products launched by them.

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