Australia Data Center Power Market

Australia Data Center Power Market Overview:

The Australia data center power market size reached USD 355.45 Million in 2023. Looking forward, IMARC Group expects the market to reach USD 621.22 Million by 2032, exhibiting a growth rate (CAGR) of 6.10% during 2024-2032. Increasing digitalization, rising cloud computing adoption, advancements in the Internet of Things (IoT) and big data analytics, availability of government incentives, surging data sovereignty concerns, growth in edge computing, burgeoning demand for colocation services, and advancements in artificial intelligence (AI) technologies are some of the factors stimulating the market growth.

Australia Data Center Power Market Trends:

Increasing Digitalization Across Industries

The rapid digitization of Australian industries is driving an increasing demand for data center power solutions, making it a key factor in the market's growth. Another crucial factor is the digital transformation efforts across umpteen sectors, including finance, healthcare and retail are soaring data capacity needs. In line with this, enterprises are steadily moving operations into digital platforms, which has further surged the need for data storage. Moreover, this new trend in digital business models is associated with a rise in the establishment of data centers to store massive volumes of information, which is further accelerating the market growth.  

Rise in Cloud Computing Adoption

The increasing use of cloud computing is one the key factors providing a considerable thrust to the market growth. This can be attributed to organizations efforts to move their information technology (IT) infrastructure to the cloud in order to avail cost savings, scalability, and added flexibility. Ports from several industries require greater data center infrastructure to hold and operate the enormous amounts of information created, which is further stimulating to the market growth. Moreover, the growing product adoption by small and medium enterprises (SMEs) to reduce the initial investment in IT capital is another factor facilitating the market growth.

Advancements in IoT and Big Data Analytics

Advancements in the Internet of Things (IoT) and big data analytics are significantly driving the demand for data center power solutions in Australia. IoT devices generate massive amounts of data that need to be processed, stored, and analyzed in real-time to deliver actionable insights. This surge in data generation is increasing the need for data centers that are not only capable of handling vast data volumes but also equipped with high-performance computing resources to process complex analytics workloads. Additionally, the growth of big data analytics is leading organizations to store more data to gain competitive advantages through predictive analytics, machine learning, and artificial intelligence. 

Australia Data Center Power Market News:

• In 2024, NEXTDC launched its new D1 data center in Darwin, Northern Territory, marking a significant expansion of its footprint in Australia. The $80 million facility is designed to support up to 7MW of IT load and accommodate around 1,000 racks. This center aims to boost the region's digital economy by providing critical infrastructure for cloud computing, data analytics, and other digital services.
• In 2024, Global Switch filed plans to expand its Ultimo data center in Sydney, Australia, by adding 47 MW of capacity. This expansion will significantly increase the site's total power to meet the growing demand for data storage and cloud services. The development reflects the rising need for robust data center infrastructure in Australia, driven by digital transformation and increased cloud adoption across various sectors.

Australia Data Center Power Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on component, size, and vertical.

Component Insights:

• Solution
  • UPS Systems  
  • Generators     
  • Power Distribution Solutions
    • PDU
    • Switchgear
    • Critical Power Distribution
    • Transfer Switches
    • Remote Power Panels
    • Others
• Services
   

The report has provided a detailed breakup and analysis of the market based on the component. This includes solution [UPS systems, generators, and power distribution solutions (PDU, switchgear, critical power distribution, transfer switches, remote power panels, and others)] and services.

Size Insights:

• Mid-Size Data Center
• Enterprise Data Center
• Large Data Center
   

A detailed breakup and analysis of the market based on the size have also been provided in the report. This includes mid-size data center, enterprise data center, and large data center.

Vertical Insights:

• BFSI
• Telecommunication and IT
• Energy
• Manufacturing
• Others
   

The report has provided a detailed breakup and analysis of the market based on the vertical. This includes BFSI, telecommunication and IT, energy, manufacturing, and others.

Regional Insights:

• Australia Capital Territory & New South Wales
• Victoria & Tasmania
• Queensland
• Northern Territory & Southern Australia
• Western Australia
   

The report has also provided a comprehensive analysis of all the major regional markets, which include Australia Capital Territory & New South Wales, Victoria & Tasmania, Queensland, Northern Territory & Southern Australia, and Western Australia.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

Australia Data Center Power Market Report Coverage:

Key Questions Answered in This Report:

• How has the Australia data center power market performed so far and how will it perform in the coming years?
• What has been the impact of COVID-19 on the Australia data center power market?
• What is the breakup of the Australia data center power market on the basis of component?
• What is the breakup of the Australia data center power market on the basis of size?
• What is the breakup of the Australia data center power market on the basis of vertical?
• What are the various stages in the value chain of the Australia data center power market? 
• What are the key driving factors and challenges in the Australia data center power?
• What is the structure of the Australia data center power market and who are the key players?
• What is the degree of competition in the Australia data center power market? 

Key Benefits for Stakeholders:

• IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Australia data center power market from 2018-2032.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the Australia data center power market.
• Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Australia data center power industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.