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Data Center UPS Market in North America is Growing at A High CAGR by 2024

Author : Ronak Bora | Published Date : 2019-04-04 

North America accounted for more than 30% of the global data center UPS market share in 2016 owing to the U.S. market and will grow at a high CAGR during the forecast timeline. Rapid infrastructure advancements of several sectors such as healthcare, manufacturing, entertainment, and IT & telecom, will provide an impetus to the regional industry growth. Moreover, increasing IT investments of SMBs, and strict government policies, in the U.S. will positively impact the demand for the data center UPS market in the next seven years.

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The usage and implementation of data centers is growing exponentially in SMBs, and large enterprises for collecting, analyzing, processing and distribution of large information in an uninterrupted manner. The systems are offering consumers a constant power supply and are safeguarding the industry against power disruptions. With the rise in the IT & telecom and entertainment sector, companies are implementing and using these solutions for their infrastructure, thereby driving the data center UPS market growth.

The online data center UPS market accounted for majority of the market share in 2016 and will witness high growth as it is being widely accepted and implemented by various companies. They offer improved total power protection to the peripherals & systems and are help decrease data loss that is caused by power disruptions. The online solutions are mainly used for important business applications in various industries owing to which a high demand has been witnessed in the data center UPS market.

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In the data center UPS market, the colocation segment has a vital market share in various European and Asian countries since the last few years. Several businesses are migrating part of the IT infrastructure to the cloud, as the colocation data centers are emerging as a perfect solution for providing physical distance among business servers and cloud providers. Several colocation companies are installing innovative technologies to enhance data center quality, improve processing and modernize the operations.

Rise in digitalization has led to the installation of cloud based data management companies, which is playing a significant role in the Asia Pacific data center UPS market. Growth in the usage of cloud-based BFSI applications in countries such as China, Japan and India will augment the demand for these systems. In addition, rise in the number of internet users will facilitate the need for more data centers and thereby the UPS systems.

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Major players operating in the data center UPS market include Eaton Corporation, ABB Ltd., Mitsubishi Electric, General Electric Co., Emerson Corporation, Schneider Electric S.A., Ametek Inc., Siemens AG and Delta Electronics Inc, among others.

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Fractovia.org and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. He can be contacted at- [email protected] | https://twitter.com/RonakBora26

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