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Data centre power market set to hit USD $70.94bn by 2034
['Mark Tarre']
IT Brief New Zealand
Polaris Market Research projects the global data centre power market will reach USD $70.94 billion by 2034, up from an estimated USD $23.10 billion in 2025.
Demand for data centre power systems is rising as operators expand infrastructure for artificial intelligence, cloud computing, hyperscale facilities and high-density computing.
That category includes uninterruptible power supply systems, power distribution units, backup technologies, monitoring systems and cabling infrastructure.
The analysis cited green data centre policies, wider cloud adoption, 5G rollout and rising AI workloads as key factors.
Energy pressureThe market outlook comes as data centre operators face growing pressure over electricity use, grid access and emissions.