UPS

Proliferation of cooling solutions to bolster edge data center market size by 2025

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The massive penetration of 5G technology and IoT worldwide has led the global edge data center market to observe phenomenal gains during the span of seven years starting from 2019-2025. As is proclaimed, the expansive commercialization of 5G technology has provided a positive outlook to edge data center industry.

Apparently, the edge data centers enable processing of humongous volumes of data in juxtaposition to the base stations in 5G infrastructure. This has prompted the service providers to translocate the facilities to manage and bring about an ease in the on-premises edge infrastructure.

The robust proliferation of myriad applications spanning, autonomous vehicles, precision agriculture, immersive entertainment, and augmented reality, is likely to compel the industry giants to indulge in the development of edge facilities leading to high growth prospects for the edge data center industry over the forecast period. A testament to this can be provided by EdgeConneX, Inc., which developed MicroEdge data centers across 1,000 locations worldwide in order to support the future generation 5G-dependent applications.

It has been apprehended that the edge data centers overcome irregular connections, minimize the inactivity, and compute data close to the users. Moreover, these benefits are leading to a hefty construction of the centers in remote locations.

According to the market speculations put forward by Global Market Insights, Inc., the worldwide edge data center market size is likely to cross a mammoth of USD 16 billion by the end of 2025.

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Encompassing a huge component spectrum, the cooling solutions segment is expected to hold a substantial revenue share in the overall edge data center market. This can be ascribed to the ongoing demands for reduced operational costs and augmented data center performance. Estimates claim that the edge data center solutions help in combating the damages to the systems and processors by restricting excessive heat from the infrastructure. Along with heat management, the cooling solutions also maintain a balanced temperature and control the humidity levels across the facilities.

The product manufacturers across the world are offering novel cooling techniques to promote highly efficient and economic power and energy consumption whilst reducing the environmental impacts.

Having procured a commendable share in the global edge data center market, the BSFI sector is witnessing robust demand for edge facilities ascribing to the necessity of compactly managing a massive amount of consumer data.

Reliable sources claim that the financial industry contenders are, on a large scale, deploying the data center facilities to accomplish several advancements and modifications in the proximity of their operational centers. This would help the organization to reduce the risk of data breaches and speed up the disaster detection and prevention in the near future.

Considering the geographical aspects, mounting penetration of OTT providers and telecom operators across the Asia Pacific region would boost the regional industry dynamics over the projected time frame.

The enterprises are exceedingly investing in the upgradation of the data center infrastructures across the emerging economies in the APAC region including India, China, and Japan. This is predicted to establish tremendous growth opportunities for the industry expansion and lead to the development of advanced data center facilities.

Furthermore, favorable initiatives undertaken by the various governments to support the development of all industrial sectors and support their respective nations would also apparently spur the market growth by the end of 2025.

The prominent market players across the edge data center industry include EdgeConneX, Inc., Hewlett-Packard Enterprise Company, IBM Corporation, Schneider Electric SA, and multiple others.

Author NameVinisha Joshi

Data Center Infrastructure market to be strongly characterized by regulatory framework, APAC to drive the regional landscape

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Nlyte’s partnership with the IBM Watson IoT group is an exemplar precedent underlining rapid expansion of data center infrastructure market. Recently inked, through this deal, the companies intend to leverage maximum potential of advanced analytics and AI in its data centers.  Speaking of the strategic agreement, one of the spokesperson of Nlyte has been quoted saying that the complexity, scalability, and optimization of modern data centers demand the requirement of advanced analytic solution integration. Reportedly, Nlyte is amalgamating its patent NEO (Nlyte Energy Optimizer) with IBM Watson’s advanced AI abilities in a quest to provide data centers with new heights of operational comprehensiveness. This alliance, as per experts’ opinion, has surely strengthened Nlyte’s stance in data center infrastructure market that pegged a valuation of USD 40 billion in 2017.

Europe data center infrastructure market, by product, 2017 & 2024 (USD Million)
Europe data center infrastructure market, by product, 2017 & 2024 (USD Million)

A stringent regulatory framework speaks volume and has much to contribute in data center infrastructure industry augmentation. With cyber-attacks becoming a global concern, various regulatory bodies have mandated guidelines to identify and continuously monitor potential vulnerabilities in digital infrastructure. Companies partaking in data center infrastructure market therefore, now are extremely particular to develop solutions that are completely in compliance with regulatory standards. In this regard, recently Nlyte Software made its way to headlines, for receiving the much awaited approval for its DCIM solution from the Department of Homeland Security.

Allegedly, the latest approval makes the America data center infrastructure industry giant to become the first DCIM solution provider in the United States that has strictly adhered to all the conditions mentioned in the Phase 1 of CDM program (Continuous Diagnostics and Mitigation) of the federal government. For the records, the U.S. federal government rolled out this aforementioned CDM Program few years back, in a bid to ensure integrity and security of hardware as well software assets of the nation. Not to mention, with increasing adoption of these regulations, U.S. data center infrastructure industry is certain to carve a profitable roadmap over the ensuing years.

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Citing yet another instance where governmental initiative has given a substantial boost to regional data center infrastructure market, the Northern Territory of Australia that has released its Budget for the year 2018-2019, has allocated a sum of AU$18.38 million to support initiatives that are under the Department of Corporate and Information Services. Reportedly, as a part of the scheme, the government has a plan to increase its number of physical servers and number of fully managed servers by 16 and 100 respectively in this financial year. With such enormous project in the pipeline, regional data center infrastructure market players are sure to gain monetary benefits in securing Australia’s data center network.

Speaking of the regional aspect, it is prudent to mention that Asia Pacific is at the vanguard of data center infrastructure industry. In fact, Asia Pacific market is forecast to witness nearly 14% CAGR over 2018-2024. The growth can be primarily attributed to the increased penetration of digital technologies among consumers as well as businesses across this belt. Rapid industrialization along with robust growth in outsourcing activities especially in countries like India and China have led to a subsequent increase in organizational data traffic. In a bid to accommodate this huge traffic, companies are increasingly investing in new facilities, thereby proliferating APAC data center infrastructure industry.

Despite these growth opportunities, data center infrastructure market is still facing a challenge of bridging complex web of interconnections with a data center network. Nonetheless, with the advent of optimized workflow procedures, adoption of real-time monitoring system, and enhanced tools, the aforementioned stumbling block is likely to get overcome within a short span. Furthermore, the lure of big data analytics and extensive proliferation of cloud technologies would leave a complementary influence on data center infrastructure industry space. In terms of commercialization, the business space is forecast to exceed a massive valuation of USD 90 billion by 2024.

Author NameSatarupa De

Data Center Power Market to garner remarkable proceeds over 2017-2024, favorable government initiatives to expedite the global industry progression

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In the recent times, the global data center power market space has been witnessing an unprecedented pace of growth courtesy- the surge in the number of data centers all over the world. The amount of data that is being generated and estimated to be generated in the immediate future can be rightly termed as gargantuan. This has, in turn, assisted the prominent data center operators to expand their services and augment their remuneration portfolio in a drastic way. While it is quite undeniable that the leading end-user of data center power industry has been the private sector, however, given the rising significance of e-governance across the globe, a plethora of government agencies have been compelled to get on the bandwagon of rapid digitization. Apparently, various government bodies, it has been observed, have been making extensive efforts to consolidate their respective data centers network, a trend which would eventually quicken the pace of data center power market size expansion over the estimated timeframe.

Europe data center power market, by solution, 2016 & 2024 (USD Million)
Europe data center power market, by solution, 2016 & 2024 (USD Million)

While elaborating further upon the growth prospects of the data center power industry, it would be prudent to cite an exceptional instance that would reinforce the efficacy of the aforementioned declarations. As has been reported, Eaton Corporation, one of the foremost data center power market giant has been recently awarded a USD 10.7 million contract to enhance and upgrade the existing data center of Defense Information Systems Agency (DISA) in Ohio, U.S. The Ireland headquartered firm would deploy its expertise to expand the dual power network of the data center in a bid to fortify the center’s crucial uninterruptible power supply(UPS) systems, something which would augment the efforts of DISA to increase its mission loads and cater seamlessly to its consumers. For the record, DISA is a United States Department of Defense combat support bureau which is responsible to provide communications and information technology support to national leaders such as President, Secretary of Defense, and other major leaders of the country. Needless to say, the latest contract is being dubbed by U.S. data center power industry giants as significant, given the fact that the federal government has been vigorously pursuing its targets prescribed in Data Center Optimization Initiative (DCOI), a data center consolidation programme mandated under the Federal IT Acquisition Reform Act (FITARA). As the industry players anticipate contributing toward the nation’s quest to cement its position in the global data centers infrastructure, it goes without saying that the U.S. data center power market size is set to expand at an exponential rate over the ensuing years.

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The burgeoning demand for cloud storage has led to a surge in the number of data centers across the globe, which has consequentially led to data center power market witness a significant boost. As per some reliable estimates, the U.S. alone has over 3 million installed data centers, with close to 10 percent of the total electricity of the nation being utilized by these data centers. Concurrently, to put the current scenario into perspective, as per some authentic sources, the data centers apportioned a staggering five percent of the overall electricity generated all around the globe. Apparently, the aforementioned statistics further affirm the need to increase efficiency and reduce the power losses as an increasing number of data center operators have been facing enormous challenges on those fronts. Leading data center power industry giants appear keen on developing innovative solutions that would not only enhance the overall efficiency of data centers but would lower the operating costs as well, thereby propelling the growth prospects of data center power market over the forthcoming years.

With the tech cosmos depicting massive growth potential in the years ahead, it is anticipated that data center power industry trends would undergo remarkable alterations, which would favorably influence the revenue graph of this business space. According to a comprehensive report collated by Global Market Insights, Inc., data center power market size is forecast to surpass a valuation of USD 27 billion by 2024.

Author Name : Saif Ali Bepari

Global stationary battery storage market remuneration to hit a mammoth USD 170 billion by 2030, U.S. to emerge as a prominent regional contender

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With grid connected battery storage systems getting into the mainstream power supply, stationary battery storage market is forecast to witness an upswing in the coming years. Energy storage has served as an interface between intermittent renewable power and the benefits of all time reliable, clean resilient energy supply. Utilities around the world are intrigued by the storage potential to address other needs such as releasing congestion and smoothening out power variations that occur even in renewable energy generation. One of the profound factors that is likely to act in favor of stationary battery storage industry augmentation is the unprecedented demand for electricity across the world. With the increasing global initiatives toward greenhouse gas emission abatement, a portion of the upcoming power generation should come from renewable sources.

Germany Stationary Battery Storage Market Size, By Battery, 2018 & 2030 (USD Billion)
Germany Stationary Battery Storage Market Size, By Battery, 2018 & 2030 (USD Billion)

Statistics claim, stationary battery storage market valuation is forecast to take a giant leap in the coming years in terms of revenue collection, with a target value of USD 170 billion by 2030. The industry landscape is quite regulatory driven, given that the system deployment has some profound environmental impact. The stringent regulatory framework and the economic structure that needs to be abided by at various stages in energy storage systems deployments determines the competitiveness of the stationary battery storage industry landscape.

Product differentiation is one of the prime strategies adopted by the stationary battery storage industry giants to sustain their position. For instance, Tesla’s lithium ion based battery storage products, ‘Powerwall’ is indeed a breakthrough in the industry. Recently, the American automaker has launched the upgraded version of the storage solution, Powerwall 2 of in South Australia, to mitigate the problem of increasing blackouts in the continent. Some of the other biggies involved in stationary battery storage market include Hitachi Maxell, Koninklijke Philips, Valence Technology, A123 Systems, and Exide Technologies.

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With energy crisis issue coming on board across various geographies across the world, stationary battery storage market is subsequently gaining a renewed traction. Battery technology, especially lithium ion based models have been gaining a remarkable attention of late and have progressed the furthest. Lithium ion batteries have extensively deployed in automotive and consumer electronics sectors over the recent years. As per estimates, lithium ion battery market is forecast to exceed a revenue of USD 60 billion by 2024. The growth scale certainly signals the commercialization of lithium ion based stationary battery storage market as well. Recently, in the first quarter of the year, Tesla has launched a grid connected lithium ion battery plant of 129 MWh in South Australia, which is claimed to be the world’s biggest battery storage plant. In addition, lithium ion batteries falling price trends are also expected to act in favor of stationary battery storage market expansion.

Responding to the environmental call, there has been a massive upsurge in the upgradation of conventional grid network model and refurbishment projects. This positive trend is certain to drive stationary battery storage industry share in the coming years. In fact, surveys claim that emerging nations with swiftly developing residential establishments will turn out profitable for the market growth. Frequent grid failures and power discrepancies are thus pushing the demand for stationary battery storage market from the UPS sector.

China, as per market experts, will prove to be a lucrative business ground for stationary battery storage market investors. A plethora of factors that can be placed behind this forecast include extensive commercialization, growing regional population coupled with surging demand for power, and Chinese government’s huge investment in grid upgradation. For instance, in 2017 China had decided to spend approximately USD 360 billion on renewable power technologies such as wind and solar by 2020. China Energy Storage Alliance (CNESA) in their recent report has forecast that the country will undergo a chain of trends in the coming years, pertaining to the energy industry, which undoubtedly will leave a perpetual impact on the regional stationary battery storage industry.

The U.S. belt has quite actively responded to the rising environmental needs, owing to which the region is forecast to be a potential business avenue for stationary battery storage industry. Driven by the refurbishment of current electrical networks as well as the launch of sustainable building codes and standards, the United States has been touted to emerge as a viable revenue pocket for this business space.

Another major driving force of the U.S. stationary battery storage industry is the increasing power consumption along with the pivotal upsurge in infrastructure development investments. In addition, the launch of highly favorable policies for the development of large scale energy storage projects will also augment the regional industry landscape. Say for instance, in the year 2017, December, the NY government declared numerous regulations targeted toward an energy storage deployment target of 1,500 MW by 2025.

Though stationary battery storage industry is forecast to penetrate most of the emerging nations across the world, the growth curve will vary significantly on a global level. A large number of factors that are underlining this growth variation as per region include regulatory landscape, grid infrastructure, supply framework, population demographics, and energy demand. However, keeping into consideration the aforementioned aspects, stationary battery storage industry is set to exhibit a lucrative road map in the coming time frame, with a remarkable annual growth rate over 2019-2030.

 

Author Name : Saipriya Iyer