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Uninterrupted Power Supply Market Skyrockets to $17.52 Billion by 2031 Dominated by Tech Giants – Schneider Electric, Emerson Electric Co and Toshiba Corporation | The Insight Partners

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The global uninterrupted power supply market is set for explosive growth, with projections indicating a surge to $17.52 Billion by 2031. This remarkable expansion, driven by focus on energy efficiency in data centers and IoT-Enabled UPS systems.

NEW YORK, Nov. 29, 2024 /PRNewswire/ — According to a new comprehensive report from The Insight Partners, the Global Uninterrupted Power Supply Market is observing significant growth owing to the increase in the requirement for UPS in smart buildings. Further, the smart UPS systems are expected to bring new market trends in the coming years.

For Detailed Market Insights, Visit: https://www.theinsightpartners.com/reports/ups-market

The Uninterrupted Power Supply Market comprises dynamic grid support technology, which brings new opportunities for the uninterrupted power supply market growth. The report runs an in-depth analysis of market trends, key players, and future opportunities.

Market Overview and Growth Trajectory:

Uninterrupted Power Supply Market Growth: According to an exhaustive report by The Insight Partners, the Uninterrupted Power Supply Market is experiencing significant growth, driven by increase in requirement for UPS in smart buildings. The market, valued at $10.82 Billion in 2023, is expected to grow at a Compound Annual Growth Rate (CAGR) of 6.2% during 2023–2031.

For More Information and To Stay Updated on The Latest Developments in The Uninterrupted Power Supply Market, Download The Sample Pages: https://www.theinsightpartners.com/sample/TIPRE00019021/

The global Uninterrupted Power Supply Market is observing substantial growth and is expected to maintain its upward trajectory in the foreseeable future. This growth can be accredited to numerous factors. One of the prime factors is the growing demand of UPS in smart buildings is acting as a major growth driver for the market. Smart buildings are equipped with technologically advanced products to ensure efficient use of the building’s resources. This aims to create a safe and comfortable environment for its residents. Internet of Things (IoT) sensors, building management, artificial intelligence (AI) systems, and robots are among the technologies used in smart buildings, all of which are integrated and enhanced by power saving solutions. Automation is critical in a smart building because of the high level of connection between many activities, for example, between data sent by real-time motion sensors connected to the Internet of Things and building management systems. This automation extends to HVAC, lighting, and security systems, among other areas. All equipment and systems that comprise a smart building must have a dependable, consistent, and high-quality electricity supply. Uninterruptible power supply (UPS) systems can protect the hardware and software infrastructure of any building, whether commercial, business, educational, or residential. Thus, the rising number of UPS in smart buildings is driving the market growth.

Dynamic Grid Support Technology: The energy environment is rapidly changing, with renewables playing an increasingly important role. The intermittent nature of these energy sources presents both challenges and opportunities, necessitating the development of new and more efficient UPS and energy storage systems and services, as well as providing flexibility in grid frequency control and energy demand for user’s site, allowing to tap into new revenue streams and save money. The grid occasionally demands additional capacity, which is often unavailable and costly. This is where energy storage system and dynamic grid support come in handy, particularly if there is a UPS system in place. The smart UPS technology makes use of the batteries’ storage systems to store energy and rapidly release it when needed—all while maintaining the UPS system’s ability to protect the load. Furthermore, a grid-interactive UPS with a sufficiently sized energy storage system is intended to respond quickly enough to meet frequency containment requirements while supporting income-generating services.

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Fast-Paced Adoption of Smart UPS Systems: A smart UPS can deliver real-time status updates, providing better insights into device health and performance. If a battery needs to be replaced, the system sends a notification. Many major market players are introducing smart UPS systems in the market to capture the potential demand. For instance, in June 2022, Schneider Electric introduced the APC Smart-UPS Modular Ultra, the most sustainable uninterruptible power supply (UPS). This UPS offers customers more scalable power in the lowest footprint, freeing up space for essential IT or other equipment while increasing uptime and minimizing the total cost of ownership. Schneider Electric’s APC Smart-UPS Modular Ultra reinvents the single-phase modular UPS category to address changing customer demands for dispersed edge computing and hybrid IT environments.

The US has vast financial hubs in New York and Chicago, as well as technological hubs in the Bay Area (San Francisco), Seattle, and Portland. As per the 2022 data released by Cloudscene, the US has approximately 5,381 data centers, which consume about 17 GW of electricity. This has led to an increased focus on energy efficiency and continuous power supply across these establishments. As a result, a UPS system is used in data centers to achieve high efficiency in smaller footprints, as well as enhanced battery energy storage using modern lithium-ion technologies and remote monitoring systems. Moreover, the US is home to well-developed healthcare, BFSI, and manufacturing sectors, which are the major adopters of UPS systems.

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Geographical Insights: In 2023, Asia Pacific led the market with a substantial revenue share, followed by North America and Europe. North America is expected to register the highest CAGR during the forecast period.

Uninterrupted Power Supply Market Segmentation, Applications, Geographical Insights:

Based on type, the market is divided into standby, line interactive and online. The online segment held a larger share of the Uninterrupted Power Supply Market in 2023.Based on rating, the market is bifurcated into up to 50 kVA, between 50 to 100 kVA, above 100 kVA. The above 100 kVA segment held the largest Uninterrupted Power Supply Market share in 2023.Based on end user, the market is divided into data centers, telecom, healthcare, industrial, others. The data centers segment held the largest Uninterrupted Power Supply Market share in 2023.The Uninterrupted Power Supply Market is segmented into five major regions: North America, Europe, APAC, Middle East and Africa, and South and Central America.

For Region-Specific Market Data, Check Out Brief Sample Pages: https://www.theinsightpartners.com/sample/TIPRE00019021/

Key Players and Competitive Landscape:

The Uninterrupted Power Supply Market is characterized by the presence of several major players, including:

Schneider ElectricEmerson Electric CoToshiba CorporationABB LtdEaton Corporation PLCMitsubishi Electric CorporationCyber Power Systems (USA), IncDelta Electronics, IncLegrandKehua TechRiello UPSS&C Electric Company

These companies are adopting strategies such as new product launches, joint ventures, and geographical expansion to maintain their competitive edge in the market.

Uninterrupted Power Supply Market Recent Developments and Innovations:

Schneider Electric launched Back-UPS BE SeriesABB introduced the industry-first medium voltage UPSCyberPower Expanded Smart App Sinewave UPS Series to Include Lithium-Iron Models

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Conclusion:

The market is shifting toward IoT-enabled UPS systems. The IoT-enabled UPS systems have sensors that capture real-time data on battery status, load levels, temperature, and humidity. They submit this data to a cloud-based platform for complete analysis, which enables the necessary steps. This enables proactive monitoring and maintenance of UPS systems, resulting in early detection of possible issues and reduced downtime. For example, if a UPS system detects that the battery is getting low, it can instantly notify specific workers, allowing them to take action. Thus, the growing adoption of IoT-enabled UPS systems drives the global Uninterrupted Power Supply Market growth.

With projected growth to $17.52 Billion by 2031, the Uninterrupted Power Supply Market represents a significant opportunity for component providers, system technology integrators, system manufacturers, investors, industry stakeholders, and others. By staying abreast of market trends, embracing innovation, and focusing on quality and performance, companies can position themselves for success in this dynamic and evolving market landscape.

Related Report Titles:

Data Center UPS Market Analysis, Size, Share, Growth, Trends, and Forecast by 2031Switch Mode Power Supply (SMPS) Market Size and Forecasts (2021 – 2031)Rotary Uninterruptible Power Supply Market Size and Forecasts (2021 – 2031)Industrial Power Supply Market Size and Forecasts (2021 – 2031)

About Us:

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

Contact Us:

If you have any queries about this report or if you would like further information, please contact us:

Contact Person: Ankit Mathur
E-mail: ankit.mathur@theinsightpartners.com 
Phone: +1-646-491-9876
Press Release: https://www.theinsightpartners.com/pr/uninterrupted-power-supply-market

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De¹ Introduces Tokenized Asset World on BNB Chain, Developing Financial Intelligence Across the Full RWA Financial Landscape

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October 19, 2026

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NEW YORK, Oct. 19, 2026 /PRNewswire/ — De¹ is launching Tokenized Asset World on BNB Chain, the first domain-specific world under its Financial World Model (FWM). It introduces specialized financial intelligence designed to understand the full onchain RWA landscape, from trading and collateral to borrowing, credit, liquidation and agent activity, and apply that knowledge to real financial decisions.

Traditional finance moves assets through separate networks of brokers, custodians, clearing systems and lenders. Each institution sees a different part of the lifecycle, while transfers, reconciliation and collateral requirements add friction to capital deployment. Bringing assets onchain makes financial activity more programmable, but it does not automatically connect the knowledge held across trading, financing and risk systems.

De¹ is establishing Tokenized Asset World on BNB Chain, where that real-assets financial ecosystem already unfolds in live markets. PancakeSwap, ListaDAO, Venus, Binance Agent OS and BNB Agent SDK span public trading, collateralized lending, structured credit and authorized agent activity. These activities produce distinct signals: executed prices, liabilities, vault constraints, liquidations and the outcomes of agent actions.

Tokenized Asset World brings fragmented financial knowledge into a coherent, learnable model of the full RWA landscape. The domain model is designed to understand the relationships and consequences across financial operations, with verified execution outcomes continuously refining De¹’s understanding of onchain financial physics. This introduces a new layer of intelligence to BNB Chain, enabling a more complete understanding of the tokenized-asset stack across trading, collateral, credit, vaults and agent activity.

AI agents can tap into this intelligence to operate across tokenized-asset markets with a more comprehensive view of liquidity, borrowing conditions, collateral exposure and liquidation risk as a whole. This deeper market understanding could raise more sophisticated strategies, execution and risk decisions. Each agent interaction, in turn, generates new evidence for the model, creating a continuous feedback loop between financial intelligence and live market execution while strengthening De¹’s broader Financial World Model.

About De¹

De¹ is the intelligent infrastructure platform at the intersection of DeFi and AI, building the Financial World Model grounded in live execution and real market feedback. It serves developers, traders, institutions, and AI agents through intelligent execution, unified liquidity, reinforcement learning optimization, and a continuously evolving data flywheel.

Contact: Marketing, pr@de1.ai

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Plata reaches $1 Billion ARR Milestone, becoming the fastest digital bank ever

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October 19, 2026

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The Mexico based digital bank shatters traditional digital banking scaling timelines, reaching a $1 Billion Annual Recurring Revenue  in less than 3.5 years from launch

MEXICO CITY, Oct. 19, 2026 /PRNewswire/ — Plata, the world’s fastest growing digital financial institution, today announced that in September 2026 it has crossed $1 billion in Annual Recurring Revenue (ARR), reaching the milestone in less than 3.5 years from launch in April 2023 and less than a year after receiving its full banking license. Plata´s growth makes it the fastest digital bank in history to reach this benchmark, and puts it on par with some of the world’s fastest growing leading AI companies, underlining Plata’s own AI and tech capabilities.

Plata reaches this goal after having reached more than 4 million customers in Mexico and having launched operations in Colombia at the beginning of September. In Mexico, Plata is now the fourth credit card issuer in the country by number of customers, and the only digital bank with a full product suite including credit, debit, investments, and small business banking. Plata’s growth is also nearing profitability, which is expected to be reached for its Mexico business within the next 6 months.

Plata changed the rules by building a universal financial platform powered by its own technology from day one. By setting up its core banking system, the company proved that regulated financial institutions can scale at AI-like speed without undermining operating performance.

“By building our own technology from scratch, we proved that a bank can move at AI company speed without compromising anything. Now we are ready to accelerate our innovation, make finance effortless and accessible for everyone.” Neri Tollardo, CEO of Plata.

As digital adoption accelerates across Latin America, Plata´s performance sets a new benchmark for financial infrastructure scaling, financial adoption, and operational efficiency in emerging markets.

About Plata

Plata is the fastest-growing financial institution in Latin America and the largest private digital bank by customer volume. In less than three years, we reached a valuation of $3.1 billion with 4 million active credit card customers and crossed $1 billion in Annual Recurring Revenue (ARR). Backed by $1.5 billion in equity investment, 1.5 in financing, and a workforce that includes 800 in-house developers, in Banco Plata we have built our own technological ecosystem, which includes a core banking system, CRM, and an app focused on simplifying the financial experience.

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Trends International Announces Kenneth Smith as President and Chief Executive Officer

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37 minutes ago

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October 19, 2026

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Experienced executive to lead company’s next phase of retail, digital commerce and strategic growth

INDIANAPOLIS, Oct. 19, 2026 /PRNewswire/ — Trends International, LLC, a leading publisher and manufacturer of licensed posters, calendars, stickers, wall art and social stationery products, today announced that Kenneth Smith has been appointed President and Chief Executive Officer, effective May 2026.

Smith will spearhead the company’s overall strategic direction and growth initiatives across its retail, wholesale, e-commerce, licensing and direct-to-consumer businesses. In his role, Smith will oversee Trends International and its portfolio of digital businesses, including Art.com and AllPosters.com.

Smith’s appointment comes as Trends International enters a new phase of expansion focused on broadening its retail presence, accelerating e-commerce, strengthening strategic customer relationships, developing new products and licenses, and pursuing partnerships and business opportunities.

“I am honored to lead Trends International and build on the strong foundation established by the company, its founders and its talented employees,” said Kenneth Smith, “We have an exceptional portfolio of brands, licenses, products and customer relationships, and we see significant opportunities to grow the business. Our focus will be on strengthening our retail partnerships, accelerating our digital businesses, developing innovative products and creating new strategic opportunities that deliver value for our customers, consumers, licensors and partners.”

Expanding Retail and Digital Footprint
Under Smith’s leadership, Trends International will continue to invest in its core retail business while broadening its digital commerce capabilities.

The company is focused on deepening relationships with major retailers, expanding distribution, improving merchandising, and developing new product platforms designed to create incremental sales opportunities.

Trends will also continue to build Trends Digital, bringing together the company’s e-commerce capabilities and creating a platform for future digital growth and potential e-commerce acquisitions.

The company’s digital portfolio includes Art.com and AllPosters.com, providing consumers with access to millions of images, posters, prints, wall art, and complementary décor.

“Trends has a tremendous opportunity to build upon its heritage while positioning the company for the future,” Smith said. “We are focused on growth, but equally important is how we achieve that growth — through strong customer partnerships, disciplined execution, innovation and a culture that empowers our people to succeed.”

Strategic Priorities
Smith’s leadership agenda includes several key areas of focus:

Retail growth — Expand relationships and sales with major national retailers and specialty channels.Product innovation — Develop new product formats, displays and seasonal programs that create incremental retail opportunities.Digital commerce — Accelerate the growth of Trends Digital, Art.com and AllPosters.com.Strategic partnerships — Forge new licensing, brand and business partnerships that expand the company’s market opportunity.Operational excellence — Improve organizational alignment, processes, technology, and execution across the company’s businesses.Talent and culture — Build a high-performing organization focused on accountability, innovation, customer service and sustainable growth.

“Kenneth brings a strong combination of leadership, customer focus and business development experience to Trends International,” said Phil St. Jean, Founder and Co-Executive Chairman of Trends International. “His vision for the company and his commitment to our customers, employees and partners make him the right leader for this next chapter. We are excited about what the future holds for Trends International and its businesses.”

About Kenneth Smith
Kenneth Smith is an experienced business executive with a background in sales leadership, strategic account development, business development, customer relationships, and organizational transformation. Throughout his career, Smith has focused on developing strategic growth initiatives, building high-performing teams, and creating long-term partnerships with major customers and business partners.

As president and chief executive officer of Trends International, Smith is responsible for the company’s overall strategy, growth, organizational leadership and business performance.

About Trends International
Trends International, LLC is a leading publisher and manufacturer of licensed posters, calendars, stickers, wall art and social stationery products. Established in 1987, Trends built its business around strong partnerships between licensors, retailers and licensees. Today, the company delivers a broad portfolio of licensed and proprietary products distributed through major retail, specialty, and digital channels.

Art.com, acquired by Trends International in 2023, is a leading online specialty retailer of high-quality wall art and complementary décor. The business offers millions of images and products through its digital commerce platform and interactive visualization tools.

AllPosters.com, part of the Trends International family of businesses, offers consumers a broad selection of posters, prints and wall décor.

For more information about Trends International, Art.com, AllPosters.com or Kenneth Smith, contact:

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