The global data center power market is projected to grow from USD 22.8 billion in 2025 to USD 71.8 billion by 2033, driv
The global data center power market is experiencing significant expansion as enterprises accelerate investments in AI-ready facilities. According to a report by Grand View Research, Inc., the market was valued at USD 22.8 billion in 2025 and is expected to reach USD 71.8 billion by 2033, growing at a compound annual growth rate of 15.7% from 2026 to 2033. The market is projected to be valued at USD 25.8 billion in 2026.
The primary growth drivers include the increasing deployment of hyperscale data centers, rapid adoption of cloud computing platforms, growing enterprise digital transformation initiatives, and accelerating demand from artificial intelligence, machine learning, and high-performance computing applications. These trends are creating substantial need for advanced power infrastructure capable of supporting higher-density workloads and uninterrupted operations.
The continued evolution of cloud computing and AI applications is expected to maintain strong momentum for the data center power industry through 2033. AI-driven workloads, generative AI platforms, large-scale analytics, and cloud-based services require high-performance computing environments supported by reliable, scalable, and energy-efficient power systems. Data center operators are investing in sophisticated power architectures, including uninterruptible power supply systems, power distribution units, busway solutions, backup power systems, and intelligent monitoring technologies. The expansion of hyperscale and colocation facilities, along with the growing adoption of edge data centers to support low-latency applications, is creating sustained demand for flexible and resilient power infrastructure.
The solution segment dominated the data center power market, accounting for the largest revenue share of 72.2% in 2025. Within solutions, uninterruptible power supply systems accounted for the largest revenue share in 2025, driven by the critical need to maintain uninterrupted operations in data centers supporting mission-critical applications. The busway segment is expected to grow significantly during the forecast period due to its modular design and flexibility. Services are also expected to experience strong growth as operators require specialized expertise for system design, deployment, integration, optimization, and maintenance.
By end use, the BFSI sector dominated the market in 2025, with financial institutions requiring highly reliable infrastructure to support continuous transaction processing, secure data storage, regulatory compliance, and real-time digital services. The IT and telecommunications segment is also expected to witness significant growth as 5G networks and edge computing continue expanding globally.
North America dominated the global data center power market with a revenue share of 38.0% in 2025, attributed to large-scale investments in data center modernization, cloud infrastructure expansion, and AI-driven computing environments. The United States represented the largest country-level market share, supported by the presence of major technology companies and hyperscale data center operators. Asia Pacific is expected to register the fastest growth rate during the forecast period, driven by increasing internet adoption, expanding cloud ecosystems, and enterprise digitization.
Energy efficiency has become a critical consideration for data center operators worldwide. Modern data center power solutions are increasingly integrated with intelligent monitoring platforms, automation technologies, and energy optimization systems that enable operators to improve power utilization, enhance reliability, and support sustainability objectives.
Key companies operating in the global data center power market include Vertiv Group Corp., Schneider Electric, ABB, Eaton, and GE Vernova. These companies are focusing on product innovation, strategic partnerships, acquisitions, and technology development to strengthen their market positions, with increasing emphasis on solutions designed for high-density computing environments, AI infrastructure requirements, and energy-efficient operations.