Offsite Data Center Power Infrastructure Market: Current Analysis and Forecast (2024-2032)
Emphasis on Component (Solutions and Services); Vertical (BFSI, Media & Entertainment, Government & Defense, Healthcare, Manufacturing, and Others) and Region/Country
Offsite Data Center Power Infrastructure Market Size & Forecast
The Offsite Data Center Power Infrastructure Market was valued at approximately USD 12.5 Billion in 2023 and is expected to grow at a robust CAGR of around 15.2% during the forecast period (2024-2032). The growth of the offsite data center power infrastructure market is driven by the escalating demand for reliable, scalable, and energy-efficient power solutions to support the increasing volume of digital data and cloud services.
Offsite Data Center Power Infrastructure Market Analysis
The offsite data center power infrastructure market is on the rise due to businesses' increasing need for remote and flexible data solutions, especially with the introduction of cloud services, high data usage, and the use of IoT devices. Offsite data centers need a strong power system and will comprise UPS, generators, and PDUs in addition to highly efficient cooling systems as they need a lot of power. The market is driven by innovations in energy efficiency technologies, low carbon solutions, and renewable energy solutions because data center operators are extending to corporate sustainability goals. Further, there are growing requirements for secure data storage, meeting strict industry standards, and focusing on higher forms of power management solutions that create reliable and resilient power infrastructure solutions in offsite facilities across all industries.
This power infrastructure has progressively shifted to Cloud Computing and Colocation Services, emerging as a major driver for its development. At the same time, colocation services are vital for the formation of offsite data center services. Colocation entails outsourcing physical space, networking capability, and electrical power to a third-party contrary to what is experienced in data centers. Therefore, the increasing utilization of cloud computing and breakout of colocation services results in a need for bigger and more energy-effective data centers –the driving force for new developments in power infrastructure solutions.
Offsite Data Center Power Infrastructure Market Trends
This section discusses the key market trends influencing the offsite data center power infrastructure market segments as identified by our research experts.
Service Segment Transforming Industry
This growth can be attributed to the complexity of the power system as well as the need for professional assistance in the management, upgrade, and support of such systems. These services include Installation, maintenance, monitoring, and consultancy are prerequisites for uptime and efficiency in data center Applications. Since many businesses are seeking ways to reduce operational risks and energy consumption, more companies are turning to managed services, remote monitoring, and prescriptive maintenance. The availability of new power management services, especially cloud-based power management services, and a tendency to outsource non-strategic activities are also adding to the high growth rates in the services segment.
North America is Expected to Dominate the Market During the Forecast Period
North America is expected to hold a significant share of the market during the forecast period owing to its well-established technology infrastructure, large investments in data center development, and strong digital infrastructure and technology Region benefits from a mature market driven by high demand for data processing and storage by advanced industries including finance and healthcare, as well as favorable operating conditions, stable economic conditions and availability of large data center operators and technology professionals there And the company's focus continues to make significant improvements to offsite data center power infrastructure.
Offsite Data Center Power Infrastructure Industry Overview
The offsite data center power infrastructure market is competitive, with several global and international market players. The key players are adopting different growth strategies to enhance their market presence, such as partnerships, agreements, collaborations, new product launches, geographical expansions, and mergers and acquisitions. Some of the major players operating in the market are ABB, Schneider Electric, Vertiv Group Corp., Eaton, Huawei Digital Power Technologies Co., Ltd., Comfort System USA, Johnson Control, YONDR, Hubbell, and Modubuild.
Offsite Data Center Power Infrastructure Market News
For instance, in July 2024, Vertiv launched the Vertiv™ MegaMod™ CoolChip, a liquid cooling-equipped prefabricated modular (PFM) data center solution engineered to enable efficient and reliable AI computing.
With demand for AI-ready data center capacity outstripping supply, developers and operators are focused on bringing new capacity online as quickly as possible. The new launch by Vertiv aims to support this goal.
Offsite Data Center Power Infrastructure Market Report Coverage
Report Attribute | Details |
Base year | 2023 |
Forecast period | 2024-2032 |
Growth momentum | Accelerate at a CAGR of 15.2% |
Market size 2023 | ~USD 12.5 billion |
Regional analysis | North America, Europe, Asia-Pacific, Rest of the World |
Major contributing region | Asia Pacific is expected to grow at the highest CAGR during the forecasted period. |
Key countries covered | U.S., Canada, Germany, France, UK, Spain, Italy, China, Japan, and India |
ABB, Schneider Electric, Vertiv Group Corp., Eaton, Huawei Digital Power Technologies Co., Ltd., Comfort System USA, Johnson Control, YONDR, Hubbell, and Modubuild | |
Report Scope | Market Trends, Drivers, and Restraints; Revenue Estimation and Forecast; Segmentation Analysis; Demand and Supply Side Analysis; Competitive Landscape; Company Profiling |
Segments Covered | By component, By Vertical, By Region/Country |
Reasons to buy this report:
The study includes market sizing and forecasting analysis validated by authenticated key industry experts.
The report presents a quick review of overall industry performance at one glance.
The report covers an in-depth analysis of prominent industry peers with a primary focus on key business financials, product portfolios, expansion strategies, and recent developments.
Detailed examination of drivers, restraints, key trends, and opportunities prevailing in the industry.
The study comprehensively covers the market across different segments.
Deep dive regional level analysis of the industry.
Customization Options:
The global offsite data center power infrastructure market can further be customized as per the requirement or any other market segment. Besides this, UMI understands that you may have your own business needs; hence, feel free to connect with us to get a report that completely suits your requirements.
Table of Contents
1. Market Introduction
- Market Definitions
- Main Objective
- Stakeholders
- Limitation
2. Research Methodology or Assumption
- Research Process of the Global Offsite Data Center Power Infrastructure Market
- Research Methodology of the Global Offsite Data Center Power Infrastructure Market
- Respondent Profile
3. Executive Summary
- Industry Synopsis
- Segmental Outlook
- Market Growth Intensity
- Regional Outlook
4. Market Dynamics
- Drivers
- Opportunity
- Restraints
- Trends
- PESTEL Analysis
- Demand Side Analysis
- Supply Side Analysis
- Merger & Acquisition
- Collaboration & Investment and Scenario
- Industry Insights: Leading Startups and Their Unique Strategies
5. Pricing Analysis
- Regional Pricing Analysis
- Price Influencing Factors
6. Global Offsite Data Center Power Infrastructure Market Revenue (USD Bn), 2022-2032F
- Global Offsite Data Center Power Infrastructure Market Revenue (USD Bn), 2022-2032F
7. Market Insights By Component
- Solution
- Services
8. Market Insights By Vertical
- BFSI
- Media & Entertainment
- Government & Defence
- Healthcare
- Manufacturing
- Others
9. Market Insights By Region
- North America
- U.S.
- Canada
- Rest of North America
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
- Rest of World
- North America
10. Value Chain Analysis
- Marginal Analysis
- List of Market Participants
11. Competitive Landscape
- Competition Dashboard
- Competitor Market Positioning Analysis
- Porter Five Forces Analysis
12. Company Profiled
- ABB
- Company Overview
- Key Financials
- SWOT Analysis
- Product Portfolio
- Recent Developments
- Schneider Electric
- Vertiv Group Corp.
- Eaton
- Huawei Digital Power Technologies Co., Ltd.
- Comfort System USA
- Johnson Control
- YONDR
- Hubbell
- Modubuild
- ABB
13. Acronyms & Assumption
- Acronyms & Assumption
14. Annexure
- Annexure
Research Methodology for the Offsite Data Center Power Infrastructure Market Analysis (2022-2032)
Analyzing the historical market, estimating the current market, and forecasting the future market of the global Offsite Data Center Power Infrastructure market were the three major steps undertaken to create and analyze the adoption of Offsite Data Center Power Infrastructure in major regions globally. Exhaustive secondary research was conducted to collect the historical market numbers and estimate the current market size. Secondly, numerous findings and assumptions were taken into consideration to validate these insights. Moreover, exhaustive primary interviews were also conducted, with industry experts across the value chain of the global Offsite Data Center Power Infrastructure market. Post assumption and validation of market numbers through primary interviews, we employed a top-down/bottom-up approach to forecasting the complete market size. Thereafter, market breakdown and data triangulation methods were adopted to estimate and analyze the market size of segments and sub-segments of the industry. Detailed methodology is explained below:
Analysis of Historical Market Size
Step 1: In-Depth Study of Secondary Sources:
Detail secondary study was conducted to obtain the historical market size of the Offsite Data Center Power Infrastructure market through company internal sources such as annual reports & financial statements, performance presentations, press releases, etc., and external sources including journals, news & articles, government publications, competitor publications, sector reports, third-party database, and other credible publications.
Step 2: Market Segmentation:
After obtaining the historical market size of the offsite data center power infrastructure market, we conducted a detailed secondary analysis to gather historical market insights and share for different segments & sub-segments for major regions. Major segments are included in the report, such as component, vertical, and regions. Further country-level analyses were conducted to evaluate the overall adoption of testing models in that region.
Step 3: Factor Analysis:
After acquiring the historical market size of different segments and sub-segments, we conducted a detailed factor analysis to estimate the current market size of the Offsite Data Center Power Infrastructure market. Further, we conducted factor analysis using dependent and independent variables such as component, vertical, and offsite data center power infrastructure market regions. A thorough analysis was conducted of demand and supply-side scenarios considering top partnerships, mergers and acquisitions, business expansion, and product launches in the Offsite Data Center Power Infrastructure market sector across the globe.
Current Market Size Estimate & Forecast
Current Market Sizing: Based on actionable insights from the above three steps, we arrived at the current market size, key players in the global Offsite Data Center Power Infrastructure market, and market shares of the segments. All the required percentage shares split, and market breakdowns were determined using the above-mentioned secondary approach and were verified through primary interviews.
Estimation & Forecasting: For market estimation and forecast, weights were assigned to different factors including drivers & trends, restraints, and opportunities available for the stakeholders. After analyzing these factors, relevant forecasting techniques i.e., the top-down/bottom-up approach were applied to arrive at the market forecast for 2032 for different segments and sub-segments across the major markets globally. The research methodology adopted to estimate the market size encompasses:
The industry’s market size, in terms of revenue (USD) and the adoption rate of the offsite data center power infrastructure market across the major markets domestically
All percentage shares, splits, and breakdowns of market segments and sub-segments
Key players in the global offsite data center power infrastructure market in terms of products offered. Also, the growth strategies adopted by these players to compete in the fast-growing market
Market Size and Share Validation
Primary Research: In-depth interviews were conducted with the Key Opinion Leaders (KOLs), including Top Level Executives (CXO/VPs, Sales Head, Marketing Head, Operational Head, Regional Head, Country Head, etc.) across major regions. Primary research findings were then summarized, and statistical analysis was performed to prove the stated hypothesis. Inputs from primary research were consolidated with secondary findings, hence turning information into actionable insights.
Split of Primary Participants in Different Regions
Market Engineering
The data triangulation technique was employed to complete the overall market estimation and to arrive at precise statistical numbers for each segment and sub-segment of the global offsite data center power infrastructure market. Data was split into several segments and sub-segments after studying various parameters and trends in the component, vertical, and regions of the global Offsite Data Center Power Infrastructure market.
The main objective of the Global Offsite Data Center Power Infrastructure Market Study
The current & future market trends of the global offsite data center power infrastructure market were pinpointed in the study. Investors can gain strategic insights to base their discretion for investments on the qualitative and quantitative analysis performed in the study. Current and future market trends determined the overall attractiveness of the market at a regional level, providing a platform for the industrial participant to exploit the untapped market to benefit from a first-mover advantage. Other quantitative goals of the studies include:
Analyze the current and forecast market size of the Offsite Data Center Power Infrastructure market in terms of value (USD). Also, analyze the current and forecast market size of different segments and sub-segments.
Segments in the study include areas of component, vertical, and regions.
Define and analyze the regulatory framework for the Offsite Data Center Power Infrastructure
Analyze the value chain involved with the presence of various intermediaries, along with analyzing customer and competitor behaviors of the industry.
Analyze the current and forecast market size of the Offsite Data Center Power Infrastructure market for the major region.
Major countries of regions studied in the report include Asia Pacific, Europe, North America, and the Rest of the World
Company profiles of the Offsite Data Center Power Infrastructure market and the growth strategies adopted by the market players to sustain in the fast-growing market.
Deep dive regional level analysis of the industry
Frequently Asked Questions FAQs
Q1: What is the global offsite data center power infrastructure market's current size and growth potential?
The Global Offsite Data Center Power Infrastructure market was valued at USD 12.5 billion in 2023 and is expected to grow at a CAGR of 15.2% during the forecast period (2024-2032).
Q2: What are the driving factors for the growth of the global offsite data center power infrastructure market?
The growth of the offsite data center power infrastructure market is driven by the escalating demand for reliable, scalable, and energy-efficient power solutions to support the increasing volume of digital data and cloud services.
Q3: Which segment has the largest share of the global offsite data center power infrastructure market by component?
The services segment has the largest offsite data center power infrastructure market share by component.
Q4: What are the emerging technologies and trends in the global offsite data center power infrastructure market?
Emerging technologies and trends in the global offsite data center power infrastructure market include modular UPS systems, lithium-ion battery adoption, AI-driven energy management, renewable energy integration, and advanced cooling solutions to enhance energy efficiency and sustainability.
Q5: Which region will dominate the global offsite data center power infrastructure market?
North America is expected to dominate the market in 2023.
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