Global Power Distribution Unit Market: Regional Insights
On the basis of geography, the global Power Distribution Unit market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East and Africa. North America held the dominant position in the market in 2017 and is projected to retain its dominance throughout the forecast period. The U.S. and Canada are growth engines in the North America market. High presence of hyper scale data centers in this region is one of the major factors for growth of this market. According to Coherent Market Insights’ analysis, out of total 259 hyper scale data centers, North America held 51% share in 2015. In addition to this, high generation of cloud data traffic have also accelerated growth of the market in this region. According to Coherent Market Insights’ analysis, in 2017, North America generated 3,838 Exabyte of cloud data traffic up from 2,771 Exabyte of cloud data traffic in 2016. By 2020, it is estimated that the North America will generate 6,844 Exabyte of cloud data traffic per year.
Furthermore, Asia Pacific is projected to exhibit the highest CAGR over the forecast period. India, China, and Japan are some of the major growth engines in power distribution unit market in this region. Increasing cloud data traffic is one of the major factors for growth of the market. According to Coherent Market Insights, it is estimated that Asia Pacific cloud data traffic is expected to increase at a CAGR of 31% in the period of 2015 - 2020. In 2017, the cloud data traffic generated was 1,871 Exabyte per year and is projected to reach 3,469 Exabyte per year by 2020.
Joining thousands of companies around the world committed to making the Excellent Business Solutions.
View All Our Clients