Energy & Power Industry Reports Data Center UPS Market Share and Size, 2024

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Data Center UPS Market Share, Size, Analysis, Growth, Trends and
Forecasts to 2024 | Hexa Research
" The data center UPS market is expected to grow at
a CAGR of about 7% over the forecast period from
2016 to 2024."
The global Data Center UPS Market size is anticipated to surpass USD 6 billion by 2024. The global market is
said to experience a stable growth on account of the rising adoption levels of UPS solutions in different
businesses to counteract falling tolerance levels pertaining to disconnections in data transmission and data loss.
Growing demands from major application segments such as Customer Relationship Management (CRM)
systems, cloud storage, application servers, Enterprise Resource Planning (ERP) systems, data warehouses, etc.
are also projected to boost the demand from 2016 to 2024.
Increasing cloud computing implementation along with the sensitive & omnipresent data requirements has
promoted the data center UPS installations. Other aspects helping the market growth are high-performance
computing, augmented adoption levels of Software as a Service (SaaS), online gaming & media streaming etc .
The usage of handy UPS systems has gained importance, which is further projected to spur the data center UPS
market growth. However, strong competition and the lack of end-product differentiation are likely to hinder the
market growth.
Browse Details of Report @ https://www.hexaresearch.com/research-report/data-center-ups-market
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