Author: Vikas Kumar
22 December 2023
The advanced server energy monitoring tools market holds a significant market share in the North American region. Out of the world’s 8000 data centers as of 2021, almost 2600 which accounts for almost 33% are spread across the USA. The major reason for this domination is the significant rise of data generation and use across various industries. Furthermore, the USA is known for the location of many data-intensive firms such as Google, Facebook, Uber, etc are further increasing the demand for data centers in North America. Moreover, with increasing high-speed internet, internet-connected devices are continuing to grow exponentially and data centers are becoming an integral part of supporting infrastructure which is needed to process, store, and transmit a huge amount of data, and to be able to do all this and generate profits, energy efficiency is the key parameter that data center operators tend to achieve which is enabled by the server energy monitoring tools, leading to further growth of this industry and rising investments in data centers. For instance, on November 2022, Stack Infrastructure announced that it will build a 230 MW campus, that will feature 1.78 million square feet of space across five large data centers in Downtown Pheonix
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The North American advanced server energy monitoring tools market is expected to grow at a strong CAGR of around 13% during the forecast period (2022-2030). North America holds the dominating share of 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.
FIG. 1 North America Advanced Server Energy Monitoring Tools Market Revenue (2020-2030)- USD Mn
“Amongst hardware type, the intelligent PDU segment is expected to grow at a significant CAGR”
Based on hardware type, the market is segmented into basic PDU, metered PDU, switched PDU, and intelligent PDU. The intelligent PDUs are expected to witness significant CAGR growth during the forecast period. The need for better energy management and efficiency has given a boost to the demand for these new generations, of remotely monitored and managed intelligent PDUs. Furthermore, these products offer complementary granular rack-level information, which can be gathered and analyzed with the monitoring software, helps in capacity planning, and ensures power availability, which is some of the factors driving the demand and will further boost the industry’s growth over the coming years.
Based on monitoring type, the market is segmented into cloud, on-premise, and hybrid monitoring systems. Among these cloud monitoring systems are anticipated to witness significant CAGR growth and also hold an impressive share of the market due to factors like, in a cloud-based monitoring setting, the setup and integrations of applications are easy and can immediately start collecting monitoring data. Moreover, all the operational activities such as backup, security update, or installation of new features will be done by the SaaS providers, enabling data center operators to focus on configuring monitoring tasks, activating alerts, and analyzing results instead of dealing with time-consuming deployments. Additionally, cloud-based monitoring systems are also very cost-effective and don’t require a hefty initial investment, which is one of the major drivers boosting the demand and will further drive the industry growth.
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Global Advanced Server Energy Monitoring Tools Market Segmentation
Market Insight, by Hardware Type
Market Insights, by Monitoring Type
Market Insights, by Application
Market Insights, by End User Industry
Market Insight, by Region
Top Company Profiles
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