Global Data Center Power Markets, 2020-2027 - Emergence of Futuristic Hyperscale and 400G Data Centers Accelerates Market Growth
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Global Data Center Power Market to Reach $30.9 Billion by 2027
Amid the COVID-19 crisis, the global market for Data Center Power estimated at US$17.4 Billion in the year 2020, is projected to reach a revised size of US$30.9 Billion by 2027, growing at a CAGR of 8.5% over the period 2020-2027.
Solution, one of the segments analyzed in the report, is projected to record 8.4% CAGR and reach US$24.8 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Service segment is readjusted to a revised 8.9% CAGR for the next 7-year period.