Data Center Power Market size to grow by USD 20.5698 billion from 2022 to 2027 | ABB Ltd., Active Power Solutions Ltd., AEG Power Solutions BV, and more among the key companies in the market - Technavio
NEW YORK, Nov. 7, 2023 /PRNewswire/ -- The data center power market size is set to grow by USD 20,569.77 million from 2022 to 2027.
- NEW YORK, Nov. 7, 2023 /PRNewswire/ -- The data center power market size is set to grow by USD 20,569.77 million from 2022 to 2027.
- The data center power market is fragmented, and the vendors are seeking strong partnerships with automotive, industrial, and commercial companies to compete in the market.
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Data Center Power Market 2023-2027: Drivers & Challenges
The emergence of mini data centers is notably driving the market growth. - Focus on consolidation of data centers is a major challenge impeding the data center power market growth.