Data Centre UPS Market Forecasts Strong Expansion, Envisioning US$ 10,571.6 Million by 2033 (Computers - Information Technologies)
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Data Centre UPS Market Forecasts Strong Expansion, Envisioning US$ 10,571.6 Million by 2033 | |
The global data centre UPS market is expected to secure a market value of US$ 5,407.8 million. With a CAGR of 6.9%, it is anticipated to exhibit a market value of US$ 10,571.6 million, at the end of the forecast period, in 2033. The global data center UPS market faces challenges due to the considerable costs linked to raw materials and the scarcity of skilled personnel, potentially hindering market expansion. Nevertheless, promising drivers are poised to drive market growth during the forecast period. Untapped opportunities in regions like the Middle East and Africa, coupled with the burgeoning number of data centers in South America, are anticipated to offset the hindrances and foster market expansion. The rising demand for data centers in emerging economies, driven by digital transformation initiatives and the surge in data-driven services, is projected to bolster the adoption of UPS solutions. Moreover, the escalating need for uninterrupted data access and the growing awareness regarding data security and business continuity are compelling data center operators worldwide to invest in advanced UPS technologies. Request for a Sample of this Research Report https://www.futuremarketinsights.com/reports/sample/rep-gb-4730 Government initiatives promoting data center development and energy-efficient UPS solutions are providing a conducive environment for market growth. These factors, along with ongoing technological advancements and a focus on eco-friendly UPS systems, are expected to drive the global data center UPS market forward during the forecast period. Competitive Landscape: Recent Developments in Schneider Electric SA: Schneider implemented ‘The Zero Carbon Project’ in April 2021, demonstrating its dedication to reducing ‘operational carbon emissions’ by 2025. In January 2023, Schneider Electric successfully concluded its acquisition of Aveva. Recent Developments in Toshiba Corp.: On November 12, 2021, Toshiba made public its intention to divide into three distinct entities. The first two companies will concentrate on infrastructure and electronic devices, respectively, while the third, retaining the Toshiba name, will oversee the 40.6% stake in Kioxia and all other remaining assets. The company aims to finalize the restructuring plan by March 2024. In February 2022, Toshiba revised its plans and opted to split into two companies instead, following disapproval from shareholders regarding the initial proposal. Leading Key Players: Schneider Electric SA, Eaton Corp., Toshiba Corp., Emerson Network Power Inc., Clary Corp., Intellipower Inc., General Electric Electrical Systems, Belkin International Inc., Power Innovations International Inc., Barri, ABB Ltd., Huawei Technologies, Mitsubishi Electric Corporation, Vertiv Group Elevate Your Business Strategy! Purchase the Report for Market-Driven Insights: https://www.futuremarketinsights.com/checkout/4730 Key Segments Profiled in The Global Data Centre UPS Market By Product: Small Medium Large By Application: Cloud Storage Enterprise Resource Planning (ERP) System Data Warehouse File Servers Application Servers Customer Relationship Management (CRM) Systems By Technology: Line Interactive Standby Double Conversion By Region: North American Latin American European Asia Pacific Middle East and African | |
| Target State: All States Target City : All Cities Last Update : Jul 30, 2024 10:45 AM Number of Views: 55 | Item Owner : Sudip Saha is the managing director and co-founder at Future Market Insights Contact Email: (None) Contact Phone: (None) |
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2024-11-14 (0.387 sec)