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(IT-NEWSWIRE.COM, June 29, 2017 ) The global data center power market is estimated to grow from USD 13.54 Billion in 2016 to USD 21.73 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 9.92% during the forecast period. Factor such as the growing concern of data center providers to optimize operational cost of the data center by reducing the cost of the data center power is driving the growth of the global data center market. The base year considered for this study is 2015 and the forecast period considered is 2016–2021.
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Objectives of the Study
To describe and forecast the global data center power market on the basis of solutions, services, end-user types, verticals, and regions
To forecast the market size of the five main regional segments, namely, North America, Europe, Asia-Pacific (APAC), Middle East & Africa (MEA), and Latin America
To strategically analyze subsegments with respect to individual growth trends, future prospects, and contributions to the total market
To provide detailed information regarding the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges)
To analyze the opportunities in the market for stakeholders and to provide details of competitive landscape for the major players
To strategically profile key players and comprehensively analyze their core competencies and positioning
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To track and analyze competitive developments, such as mergers & acquisitions; new product developments; and partnerships, agreements, and collaborations in the market
The research methodology used to estimate and forecast the data center power market begins with capturing data on key vendor revenues through secondary research, such as cloud computing association,
associations of financial professional, and information system security association. Vendor offerings are also taken into consideration to determine the market segmentation. The bottom-up procedure was employed to arrive at the overall market size of the global data center power market from the revenue of the key players in the market. After arriving at the overall market size, the total market was split into several segments and subsegments, which were then verified through primary research by conducting extensive interviews with key people, such as Chief Executive Officers (CEOs), Vice Presidents (VPs), directors, and executives. The data triangulation and market breakdown procedures were employed to complete the overall market engineering process and arrive at the exact statistics for all segments.
The breakdown of primary profiles is depicted in the figure below:
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