Global UPS market to grow at a CAGR of 8.61% over the period 2015-2019

A recently released market analysis by Technavio covers the present scenario and the growth prospects of the Global UPS market for the period 2015-2019. The report covers the Americas, and the APAC and EMEA regions; it also covers the global UPS market landscape and its growth prospects in the coming years.

Leaving aside the smaller devices also covered in this report, the predictions for UPS in data centers are as follows:

Key market drivers are increased power outages and investments in data centers by enterprises.

Key market challenges are the lack of product differentiation, network infrastructure consolidation and UPS integration issues.

Key market trends are the use of next-generation power storage technology and government-driven initiatives to adopt green energy storage technologies

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