| Study Period | 2019 - 2030 |
| 2024 Market Size | USD 22.8 Billion |
| 2025 Market Size | USD 24.3 Billion |
| 2030 Forecast | USD 33.3 Billion |
| Growth Rate (CAGR) | 6.5% |
| Largest Region | North America |
| Fastest Growing Region | Asia-Pacific |
| Nature of the Market | Fragmented |
| Largest Vertical Category | IT and Telecommunications |
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The data center power market estimated revenue is USD 22.8 billion in 2024, and it is predicted to grow at a CAGR of 6.5% between 2024 and 2030, to reach USD 33.3 billion by 2030
The major factors driving the expansion of the market are the growing number of data centers, generation of huge volumes of data, and rapid cloud service adoption. Further, the growing number of internet users, increasing use of social media, rising smartphone penetration, and strengthening need for enterprises to migrate from server room environments to data centers are the major drivers for the market.
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