According to Quadrant Knowledge Solutions latest research Data Center UPS Market Outlook – Market Forecast, Trends, and Analysis Through 2020 the market is expected to grow at a CAGR of 6.8% from 2016-2020. The Data Center UPS market is expected to cross $2.85 billion by 2020. Regionally majority of this growth is attributed to the increasing investment in data center infrastructure in the developing countries of Asia and Latin America region according to Quadrant Knowledge Solutions.
Rising trends towards mobility, social media, Big Data, analytics and internet of things (IoT) technologies have raised the concern to remain connected and importance of availability for continuous data monitoring. Hence the demand for efficient and reliable data center operations is increasing for efficient business operations. For continuous streaming of data in uninterrupted manner, demand for reliable UPS has increased over a period of time. UPS backups the data center with it continuous power supply and ensure continuous server availability enabling uninterrupted data monitoring.
Surge in Data Storage Demand: Data Center UPS Market
Due to the expansion of both web space and growing number of internet users, the demand for storage has witnessed a massive rise, hence, making storage solutions larger and more complex. In order to handle this high growth rate in data storage – which is expected to keep up the momentum owing to increasingly participation – companies are investing more on data storage.
Growing Awareness for Data Integrity and Reliable Power Supply
Data integrity is not just confined to compliance any more. Irrespective of the size, companies now realize the need for making investments into data centers to ensure round the clock data availability. Consequently, every second of lost power can potentially cause losses worth millions of dollars and can potentially erode client base. For instance, a cloud provider with unreliable run time can lose clients to its rivals. This has driven the demand of UPS systems.
Increasing Adoption of Virtualization and Big Data Drives Data Center UPS Market
Companies are adopting virtualization due to its ability to run various operating systems and applications at the same time. Thus, virtualization provides greater efficiency and allows high IT expansion at minimal cost. Since it results in more power getting packed at the server level, the need for reliable power backup is increasing significantly. New generations of UPS systems have kept up with the demand for increased power usage effectiveness (PUE) of the data centers.
Big Data, which in the field of data centers, is total data generated by the user and that by Internet of Things (IoT), has contributed to higher data volumes and has led to increased heat generation. Since companies are witnessing a massive rise in user-generated data and are integrating IoT in their existing security policy, the Big Data will continue to drive demand for UPS systems.
Outsourcing and Migration of Facilities to Developing countries will make Market More Price-sensitive
In order to offer competitive pricing, various storage solution providers are choosing developing countries. It cuts down both manpower and facility costs, thereby helping companies get more efficient – both in terms of finance and operations. Outsourcing also helps cloud-based providers to offer services at low cost and as a result, stay competitive.
In developing countries, both the span and the frequency of power unavailability are much higher and constant switching too can result in losses. This would also push demand for reliable UPS systems.
Data Center UPS Market Outlook – Market Forecast, Trends, and Analysis Through 2020 is a part of Energy and Power Systems (EPS) research of Quadrant Knowledge Solutions.
For more information about this market outlook research, please write to info@Quadrant-Solutions.com. You can also visit Data Center UPS Market Research for more information of market research contents.
Keywords: Data Center UPS Market, Data Storage, Data Integrity, Cloud Computing, Big Data, Analytics, Mobility, Social Media, Internet of Things, IoT, Virtualization, Market Research, Market Size, Market Share, Competitive Strategy, Market Forecast, Key Trends, Market Drivers, Market Restraints, Market Challenges
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