Data Center UPS Market Future Prospects
The data center UPS market size stands at an estimated USD 7,191.9 million in 2024, and it is expected to rise at a compound annual growth rate of 5.8% during 2024–2030, to reach USD 10,096.0 million by 2030.
The market is augmented with the establishment of new data centers, as demand for data storage is exponentially increasing amongst all the sectors globally, majorly to provide big data solutions. As the UPS systems protect data centers from power surges and power outages, their demand is increasing.
In the present scenario, there is an exponential increase in the use of cloud computing and dependency on the internet is normal, which generate a huge amount of data. This requires large storage spaces, which are provided by data centers. In order to make sure that data information is available 100% all the time, data centers are designed for maximum reliability with the use of UPS to provide power backups.
A sudden short-term power outage and even voltage spikes can disturb entire data center operations, resulting in loss of data, corrupt files, and damaged equipment. Data centers need reliable power sources for their efficient operations. Industries and business enterprises with high-density cloud computing systems have a high dependency on data centers and cannot compromise with any data loss, thus they need consistency in power supply for effective data protection. Apart from this, there is a significant rise in the establishment of hyperscale facilities and thus the use of the high-power UPS systems is increasing.