The intelligent
PDU market was valued at USD 1.24 Billion in 2017 and is expected to reach
USD 2.01 Billion by 2023, at a CAGR of 8.4% between 2017 and 2023. Factors that
are driving the growth of the market include the increasing demand for
high-power capacities in high-power density environments, rising demand for
intelligent products in datacenters, and growing environmental and safety
concerns in developed countries.
The market for hot-swap
intelligent PDUs is expected to grow at a high rate between 2017 and 2023. Hot
swap is a type of intelligent PDUs that switches between the sources of power
that are connected to the equipment while it is running, and both the power
sources are operational. The major use of hot-swap PDUs is in datacenters, and
this type is considered as one of the most advanced versions of intelligent
PDUs. Sectors such as telecom & IT, smart manufacturing, and governments,
which are involved in the heavy usage of datacenter applications, are expected
to contribute to the growth of the market for hot-swap PDUs.
The market for single-phase
intelligent PDUs is expected to grow at a high rate between 2017 and 2023.
These PDUs are used for applications wherein heavy power source is not
required. Single-phase intelligent PDUs are low-cost and hence, are preferred
by entry-level customers. The average cost of a single-phase PDU is 25–40% less
than that of a three-phase PDU. As the intelligent power distribution unit
(PDU) market in APAC and RoW is not widely explored, industries in these
regions prefer single-phase PDUs as entry-level PDUs. Single-phase intelligent
PDUs are also used for a variety of applications, including small- and
medium-level datacenters, educational institutes, and local offices. These
factors contribute to the growth of the market for single-phase intelligent
PDUs.
The intelligent PDU market for
telecom & IT industry is expected to grow at a high rate between 2017 and
2023. The ongoing developments in cloud and communications technologies
constitute one of the major factors responsible for the growth of the market
for this industry. Digitalization of data is boosting the demand for
datacenters worldwide. With the increasing number of datacenters in the telecom
& IT industry, the adoption of intelligent PDUs is also rising. The
lifestyle of the present generation is very much connected with the usage and
development of IT. The application of intelligent PDUs in IT infrastructure and
datacenters is driving the growth of the intelligent PDU market for this
industry.
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The intelligent PDU market for
the application in datacenters is expected to grow at a high rate between 2017
and 2023. A datacenter is a facility in which data is stored in servers and
other such data storage devices, which are managed using computer networks. The
datacenter applications considered in this segment is pertaining to colocation
facilities, wherein equipment, space, and bandwidth could be rented out to
retail customers. These facilities have all amenities required to store huge
volumes of data in a secure way, and this data can be accessed whenever
required. Owing to continuous technological advancements, most business
operations have gone digital, generating a huge volume of digital data.
Companies heavily rely on the data to keep a track of their operations on a
continuous basis. Hence, the data is required to be stored in a safe location;
in such cases, the data is stored in colocation centers. A colocation center is
not only a simple data storage facility but also a center with a number of
complex IT infrastructure; it acts as a repository for IT equipment, including
servers, storage subsystems, networking equipment, switches, routers,
firewalls, cables, and physical racks used to organize and interconnect the IT
equipment, which requires a continuous supply of power for uninterrupted
operations. The power infrastructure includes PDUs, uninterruptable power supplies,
and backup generators.
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