PUBLISHER: Polaris Market Research | PRODUCT CODE: 1625368
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1625368
The offsite data center power infrastructure market size is expected to reach USD 67.68 billion by 2034, according to a new study by Polaris Market Research. The report "Offsite Data Center Power Infrastructure Market Share, Size, Trends, Industry Analysis Report: By Offering (Solution and Software), Vertical, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa); Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.
Increasing demand for cloud computing, data storage, and digital transformation across various industries drive the offsite data center power infrastructure market growth. Businesses expanding their digital operations necessitate robust and reliable power infrastructure. The rise of big data analytics, the Internet of Things (IoT), and artificial intelligence (AI) requires substantial computing power and efficient energy management, which propels market growth. Market opportunity is further enhanced by the shift toward renewable energy sources, enabling data centers to operate more sustainably while meeting stringent regulatory requirements.
The offsite data center power infrastructure market insights reveal a strong trend toward modular power solutions, allowing for scalable and flexible infrastructure deployment. The industry outlook indicates that technological advancements in power distribution and management systems enhance energy efficiency, reduce operational costs, and minimize downtime. Innovations such as advanced power management software, energy storage solutions, and smart grid technologies reshape the landscape of offsite data center operations.
Organizations increasingly prioritize sustainability, making the integration of green technologies in power infrastructure essential. This transition meets environmental goals while attracting investment, thereby propelling the offsite data center power infrastructure market growth.
In terms of offering, in 2024, the solution segment held a larger share of the offsite data center power infrastructure market revenue due to its comprehensive capabilities in addressing diverse power infrastructure needs, enabling enhanced efficiency, reliability, and scalability for data center operations.
The IT and telecom segment, based on vertical, is expected to witness the highest CAGR during the forecast period due to the increasing demand for high-speed data transmission, rising adoption of cloud services, and the proliferation of mobile devices, which necessitate robust and efficient power infrastructure to support expanding network capabilities and data center operations.
In 2024, North America dominated the global offsite data center power infrastructure market share due to its advanced technological landscape and high concentration of data centers.
The Asia Pacific market is expected to witness significant growth over the forecast period due to rapid digital transformation, increasing internet penetration, and the rising adoption of cloud services.
A few global key market players are ABB; Schneider Electric; Eaton; Vertiv; Huawei Digital Power Technologies Co., Ltd.; Comfort Systems USA; Johnson Controls; Yondr; Hubbell; Modubuild; Altron A.S.; InnovIT AG; MAVAB; and Delta Electronics, Inc.
Polaris Market Research has segmented the offsite data center power infrastructure market report on the basis of offering, vertical, and region: