Report ID: SQMIG45I2220
Report ID:
SQMIG45I2220 |
Region:
Global |
Published Date: November, 2024
Pages:
182
|
Tables:
95 |
Figures:
66
North America is forecasted to account for a major chunk of the global data center UPS market share. The presence of multiple data centers, rapid digital transformation, high use of cloud and edge computing, and increasing efforts to improve the digital business environment are key factors helping the dominance of this region. Moreover, rising investments in the development of new data centers is also promoting the sales of data center UPS in this region. The United States and Canada are forecasted to be leading markets for data center UPS companies operating in the North American region through 2031 and beyond.
Meanwhile, the demand for data center UPS in the Asia Pacific region is slated to increase at the fastest CAGR over the coming years. Launch of new digital transformation initiatives, growing number of data centers, and high number of power outages are expected to promote the sales of data center UPS systems in this region going forward. Absence of a reliable power infrastructure in developing countries of this region is also expected to bolster the demand for data center UPS in the Asia Pacific through 2031. India, China, Japan, and South Korea are estimated to emerge as the most opportune markets in this region for data center UPS suppliers.
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Report ID: SQMIG45I2220