Emphasis on Hardware Type (Basic PDU, Metered PDU, Switched PDU, and Intelligent PDU), Monitoring Type (Cloud, On-Premise, and Hybrid), Application Type (Small and Medium-Sized Data Centers and Large Data Centers), By End User Industry (BFSI, IT & Telecom, Government and Defense, Healthcare, and Other End-User Industry), and Region/Country.
The advanced server energy monitoring tools market is expected to grow at a strong CAGR of around 13% during the forecast period 2022-2030. Demand for digital services is increasing rapidly. The global internet traffic has inflated almost 20-fold since 2010. And with the same rate data centers are emerging, an integral supporting infrastructure that enabled this growth. Strong growth in data network services is anticipated to continue rising, driven by increasing data-intensive activities like video streaming, cloud gaming, and augmented and virtual reality applications. Furthermore, data services are also poised to rise due to emerging technologies like blockchain and machine learning. For instance, as per IEA, Bitcoin which is the most prominent proof of work blockchain and most valued cryptocurrency has consumed an estimated 105 TWh of data in 2021, which was 20 fold jump from 2016. Additionally, machine learning and artificial intelligence are other areas of demand growth, with significant implications on data center capacity and energy use, as the amount of computing power required to train the AI & ML-based models is fairly high. For instance, as per the tracking report published by IEA (international energy association) on September 2022, at Facebook, computing demand for ML training has increased by 150% per year and inference by 105% per year, outpacing overall data center energy use up 40% per year in recent years. Google reports that ML accounted for only 10-15% of their total energy use, despite representing 70-80% of overall computing demand. With the rising emergence of data centers, achieving energy efficiency is becoming a prime focus among data center operators as energy accounts for the significant operating cost. Advanced server energy monitoring tools are becoming an integral part of data center infrastructures, which monitor power requirements and utilization by individual servers and increase power usage effectiveness, saving operating expenses in the process and increasing profits. For instance, in 2020, New York Times published an article stating, data center power consumption increased 36 percent over the last five years. Electricity used in global data centers accounts for between 1.1 percent and 1.5 percent of total electricity use worldwide. For the United States, that number is between 1.7 and 2.2 percent.
Some of the major players operating in the market include Schneider Electric; Cisco Systems, Inc.; Intel Corporation; Dell Inc.; HP Development Company, L.P; Siemens; Huawei Technologies Co., Ltd; Vertiv Group Corp.; Eaton; and Rittal GmbH & Co. KG
Insights Presented in the Report
Based on hardware type, the market is segmented into basic PDU, metered PDU, switched PDU, and intelligent PDU. Among these, the smart conformal antenna is showing a promising future and is expected to grow at a significant CAGR during the forecast period. Conformal antennas are flat antennas that appear outside of the car body structure. Unlike conventional antennas, which protrude outside of the vehicle roof, this surface structure enables the integration of more radio technologies than conventional antennas. Furthermore, V2X is an integral part of all conformal antennas that the companies are launching and the mounting of these antennas on both front and back can give full 360-degree coverage to the V2X system, making it more efficient and reliable. Moreover, conformal antennas cost less than conventional antennas due to the elimination of all the cables and connectors, as well as the manufacturing cost of the antennas themselves, further boosting the adoption and growth of this in the coming years.
Based on technology type, the market is bifurcated into DSRC (dedicated short-range communication) and C-V2X. The DSRC segment holds a significant share of the market. The major reason for this domination was simply because, until 2017, DSRC was been the only available V2X technology. But the development of C-V2X which runs on more powerful cellular modules and is more reliant, and can support high-speed data exchange over extended distances is bound to take away the market share from the DSRC systems and is expected to witness significant growth in the forecast years. For instance, In November 2018, an agreement of C-V2X standards cooperation framework protocol on the reinforcing management of vehicles, intelligent transportation, communication, and transportation management was jointly signed by National Technical Committee 485 on Communications of Standardization Administration of China, which has standardized the use of C-V2X architecture in China. This decision is taken amidst China facing major mobility challenges in the major cities, with lots of traffic jams and accidents. C-V2X is regarded as an efficient tool for these problems, and the Chinese government wants to implement this as a standard sooner rather than later.
“North America dominated the advanced server energy monitoring tools market in 2021.”
The advanced server energy monitoring tools market in the North American region held the largest market share and is expected to maintain its growth throughout the forecast period. North America alone accounts for 40 percent of the share in the global data center market, the major factors responsible for this domination are the increasing number of internet-connected devices generating a huge magnitude of data, rising Internet of Things applications, and increasing development of industry 4.0, where manufacturers are relying on data and data analytics to enhance the efficiency, productivity, security, and cost-effectiveness of their operations. Furthermore, more companies are outsourcing their data operations, and moving their operations to the cloud is boosting the demand for the data center in the region. Moreover, Data centers are big energy consumers for example, a hyper-scale data center can use as much power as 80,000 households do, and hence the need for the data centers to be energy efficient is of priority, and one can be energy efficient only when one knows where the energy is getting consumed and by how much, that’s where advanced server energy monitoring tools play a very integral role and are almost a fundamental part of a data center infrastructure, raising the demand for monitoring tools, and is more than the supply currently, where manufacturers are running at full capacity.
Advanced Server Energy Monitoring Tools Market Report Coverage
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1. Market Introduction
2. Research Methodology Or Assumption
3. Market Synopsis
4. Executive Summary
5. Global Advanced Server Energy Monitoring Tool Market Covid-19 Impact
6. Global Advanced Server Energy Monitoring Tool Market Revenue, 2020-2030f
7. Market Insights By Hardware Type
8. Market Insights By Monitoring Type
9. Market Insights By Application
10. Market Insight Based On End-user Industry
11. Market Insights By Region
12. Advanced Server Energy Monitoring Tool Market Dynamics
13. Advanced Server Energy Monitoring Tool Market Opportunities
14. Advanced Server Energy Monitoring Tool Market Trends
15. Demand And Supply-side Analysis
16. Value Chain Analysis
17. Case Study
18. Strategic Insights
19. Competitive Scenario
20. Company Profiled
21. Disclaimer
Research Methodology for the Advanced Server Energy Monitoring Tools Market Analysis (2022-2030)
Analyzing the historical market, estimating the current market, and forecasting the future market of the global advanced server energy monitoring tools market were the three major steps undertaken to create and analyze the adoption of advanced server energy monitoring tools in major regions globally. Exhaustive secondary research was conducted to collect the historical market numbers and estimate the current market size. Secondly, to validate these insights, numerous findings and assumptions were taken into consideration. Moreover, exhaustive primary interviews were also conducted, with industry experts across the value chain of the global advanced server energy monitoring tools 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 pertains to. 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 advanced server energy monitoring tools 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 advanced server energy monitoring tools 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 as hardware type, monitoring type, application, and by end-user industry. 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 advanced server energy monitoring tools market. Further, we conducted factor analysis using dependent and independent variables such as hardware type, monitoring type, application, and by end-user industry of the advanced server energy monitoring tools market. A thorough analysis was conducted for demand and supply-side scenarios considering top partnerships, mergers and acquisitions, business expansion, and product launches in the advanced server energy monitoring tools market sector across the globe.
Current Market Size Estimate & Forecast
Current Market Sizing: Based on actionable insights from the above 3 steps, we arrived at the current market size, key players in the global advanced server energy monitoring tools 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 2030 for different segments and sub-segments across the major markets globally. The research methodology adopted to estimate the market size encompasses:
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 advanced server energy monitoring tools market. data was split into several segments & sub-segments post studying various parameters and trends in the areas of the hardware type, monitoring type, application, and end-user industry in the global advanced server energy monitoring tools market.
The main Objective of the Global Advanced Server Energy Monitoring Tools Market Study
The current & future market trends of the global advanced server energy monitoring tools 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:
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