Offsite Data Center Power Infrastructure Market
The market for Offsite Data Center Power Infrastructure was estimated at $13.0 billion in 2023; it is anticipated to increase to $38.7 billion by 2030, with projections indicating growth to around $84.5 billion by 2035.
Global Offsite Data Center Power Infrastructure Market Outlook
Revenue, 2023
Forecast, 2033
CAGR, 2024 - 2033
The Offsite Data Center Power Infrastructure industry revenue is expected to be around $17.7 billion in 2024 and expected to showcase growth with 16.9% CAGR between 2024 and 2033. The market for power infrastructure in data centers is growing due to the increasing demand for reliable and scalable power solutions driven by the rise of cloud computing and co-location services. In 2023 the market size was around USD 13 billion and with an expected growth rate of 17% projected to reach USD 38.7 billion by 2030 and USD 84.5 billion by 2035. Offsite data centers rely on power sources to ensure data security minimize downtime and improve overall performance.
With the increasing dependence of industries and services upon digital infrastructure nowadays offsite data centers are giving significant importance to having strong power systems in place to meet strict demands. The ongoing developments, in power solutions and the integration of eco friendly energy sources are enhancing the effectiveness and eco friendliness of these facilities to promote operational efficiency and environmental sustainability.
Market Key Insights
- The Offsite Data Center Power Infrastructure market is projected to grow from $13.0 billion in 2023 to $61.9 billion in 2033. This represents a CAGR of 16.9%, reflecting rising demand across UPS Systems, PDUs and Generators.
- Schneider Electric, Eaton, Caterpillar are among the leading players in this market, shaping its competitive landscape.
- U.S. and Germany are the top markets within the Offsite Data Center Power Infrastructure market and are expected to observe the growth CAGR of 16.2% to 23.7% between 2023 and 2030.
- Emerging markets including India, Brazil and Singapore are expected to observe highest growth with CAGR ranging between 12.7% to 17.6%.
- Transition like Shift to Renewable Power Sources is expected to add $3 billion to the Offsite Data Center Power Infrastructure market growth by 2030.
- The Offsite Data Center Power Infrastructure market is set to add $48.9 billion between 2023 and 2033, with manufacturer targeting Grid Power & Diesel Generators Power Source projected to gain a larger market share.
- With Growing demand for data storage and cloud computing, and Focus on energy efficiency and sustainability, Offsite Data Center Power Infrastructure market to expand 377% between 2023 and 2033.