According to a new report, published by KBV research, The Global Data Center Power Market size is expected to reach $50.67 billion by 2032, rising at a market growth of 12.8% CAGR during the forecast period.
The trends are shaping the evolution of the market, reflecting technological, economic, and environmental factors. One prominent trend is the shift toward sustainability. Data center operators are increasingly committing to net-zero carbon goals, driven by customer demand and regulatory pressures.
The Solutions segment led the maximum revenue in the Global Data Center Power Market by Component in 2024, thereby, achieving a market value of $35.00 billion by 2032. This growth is driven by the increasing demand for efficient and reliable power infrastructure to support the rising number of data centers worldwide. Key components such as uninterruptible power supply (UPS) systems, power distribution units (PDUs), backup generators, and energy storage solutions ensure consistent power availability and minimize downtime.
The BFSI segment is growing at a CAGR of 11.7 % during the forecast period. This growth is driven by the sector’s heavy reliance on real-time data processing, secure transaction management, and uninterrupted service delivery. Financial institutions are increasingly investing in robust and resilient data center infrastructures to ensure high availability, data security, and compliance with regulatory standards.
Full Report: https://www.kbvresearch.com/data-center-power-market/
The North America region dominated the Global Data Center Power Market by Region in 2024, thereby, achieving a market value of $18.00 billion by 2032. The Europe region is anticipated to grow a CAGR of 12.4% during (2025 - 2032). Additionally, The Asia Pacific region would witness a CAGR of 13.4% during (2025 - 2032).
By Component
By End-use
By Geography