Data Center Power Market Size To Reach $71.76 Billion By 2033

January 2026 | Report Format: Electronic (PDF)

Data Center Power Market Growth & Trends

The global data center power market size is anticipated to reach USD 71.76 billion by 2033, registering a CAGR of 15.7% from 2026 to 2033, according to a new report by Grand View Research, Inc. The factor driving the market growth is the shift in focus of end-users towards colocation and hyper-scale data centers. In addition, increasing establishment of such data facility centers is expected to increase demand for data center power equipment over the forecast period. COVID-19 has significantly impacted the data center power industry. The rapid growth in the datasets used & generated by several companies and individuals has increased data storage demand.

Data centers consume around 1-1.25% of global energy. Thus, many data center designers adopt management solutions and advanced power distribution to attain energy efficiency at lower Power Usage Effectiveness (PUE) ratios. This goal to reduce the PUE ratio is expected to further fuel the demand for intelligent and advanced data center power industry products over the forecast period.

An uninterrupted power supply (UPS) is the backbone of data centers and is deployed to ensure the smooth working of servers and other networking devices. Moreover, UPS's cost is significantly higher than any other data center power product. Furthermore, most data centers use smart UPS systems, battery monitoring devices, and intelligent power distribution systems (PDU) to reduce the PUE ratio. Thus, increasing penetration of these new devices is expected to boost the demand for UPS over the forecast period.

Many mega data centers in North America engage in procuring renewable energy sources for data center operations. Tier 1 and Tier 2 facilities are anticipated to witness the espousal of basic PDUs. However, the adoption of intelligent infrastructure with power monitoring ability is expected to grow due to rising concerns about power consumption, particularly in the U.S. However, the rise in complexity of data center design, high initial investment costs, and interoperability issues are expected to hinder the growth of the market for data center power.

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Data Center Power Market Report Highlights

By component, the services segment is anticipated to grow at the fastest CAGR during the forecast period. The increasing sophistication of data center power infrastructure is introducing operational and technical complexities that are accelerating the need for specialized services.
By solution, the UPS segment dominated the data center power industry, accounting for the largest revenue share in 2025. The increasing emphasis on power reliability and continuous uptime is a key growth driver for the UPS segment.
The integration & deployment segment dominated the market and accounted for the largest revenue share in 2025. The growing need for rapid, turnkey deployment is emerging as a key growth driver for the segment.
The BFSI segment dominated the data center power industry, accounting for the largest revenue share in 2025. The BFSI sector manages vast volumes of sensitive information, including financial transactions, customer data, and regulatory records, all of which require secure, resilient, and continuously available data center infrastructure.
North America dominated the global data center power market, accounting for the largest revenue share of 38.0% in 2025, driven by the large-scale modernization of existing data center infrastructure to support higher rack densities and next-generation workloads.