Data Center UPS Market to reach USD 5 billion by 2028; Global Market Insights Inc. – QNT Press Release

Eminent data center UPS market players include ABB Ltd., AEG Power Solutions, Belkin International Inc., Clary Corporation, Delta Electronics Inc., Eaton Corporation, Brainasoft, General Electric Company, Huawei Technologies Co., Ltd., Intellipower Inc among others.

SELBYVILLE, Del., June 8, 2022 /PRNewswire/ — The data center UPS market is set to value over USD 5 billion by 2028, according to the latest research study by Global Market Insights Inc. The industry growth can be attributed to the rise in the number of global data center establishments.

The increasing number of SMEs has resulted in the growing adoption of medium-sized data centers that cater to their data processing requirements. The development of SMEs will boost the demand for these centers, along with the increasing usage of modular & micro data center facilities. Manufacturers are developing advanced solutions to sustain the market competition.

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The rise in digitization in the BFSI sector will drive the market expansion for data center UPS systems. The companies are incorporating digital services to improve the customer experience by offering online banking and digital wallet solutions. The platform provides account-to-account payment capabilities to increase the security and improve the speed of transactions for merchants across Europe.The…

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