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Data Center Power Market Emerges as a High-Growth Infrastructure Investment Opportunity with 15.7% CAGR Forecast Through 2033: Grand View Research

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Global Data Center Power Market Offers Attractive Growth Prospects as Enterprises Accelerate Investments in AI-Ready Facilities, AI Infrastructure Boom Unlocks New Investment Opportunities in Data Center Power Market to be USD 71.8 billion by 2033

SAN FRANCISCO, June 23, 2026 /PRNewswire/ — The global data center power market is projected to witness significant expansion, reaching USD 71.8 billion by 2033, according to a new report by Grand View Research, Inc. The market was valued at USD 22.8 billion in 2025 and is expected to grow from USD 25.8 billion in 2026 at a compound annual growth rate (CAGR) of 15.7% from 2026 to 2033.

The increasing deployment of hyperscale data centers, rapid adoption of cloud computing platforms, growing enterprise digital transformation initiatives, and accelerating demand from artificial intelligence (AI), machine learning (ML), and high-performance computing (HPC) applications are driving the need for advanced power infrastructure capable of supporting higher-density workloads and uninterrupted operations.

Data Center Power Market Report Highlights

According to Grand View Research, the global data center power market is segmented based on component, solution, service, end use, and region.

Key market segments include:

Component: Solution and ServicesSolution: Power Distribution Units (PDU), Uninterruptible Power Supply (UPS), Busway, and OthersServices: Design & Consulting, Integration & Deployment, Support & MaintenanceEnd Use: IT & Telecommunications, BFSI, Government, Energy, Healthcare, Retail, and OthersRegions Covered: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa

The continued evolution of cloud computing, AI applications, and digital infrastructure is expected to maintain strong momentum for the data center power industry through 2033.

Rising AI and Cloud Infrastructure Investments Accelerate Demand for Advanced Data Center Power Solutions

The rapid growth of data-intensive applications has transformed the requirements of modern data centers. AI-driven workloads, generative AI platforms, large-scale analytics, and cloud-based services require high-performance computing environments supported by reliable, scalable, and energy-efficient power systems.

As organizations continue migrating workloads to cloud platforms and expanding digital services, data center operators are investing in sophisticated power architectures, including uninterruptible power supply (UPS) systems, power distribution units (PDUs), busway solutions, backup power systems, and intelligent monitoring technologies.

The expansion of hyperscale and colocation facilities, along with the growing adoption of edge data centers to support low-latency applications, is creating sustained demand for flexible and resilient power infrastructure.

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Solution Segment Leads Market Growth with Increasing Adoption of Power Infrastructure Technologies

Based on components, the solution segment dominated the data center power market, accounting for the largest revenue share of 72.2% in 2025. The segment’s growth is supported by increasing demand for advanced power management solutions that enable efficient energy distribution, improved reliability, and optimized operational performance.

The rising complexity of modern data center environments has increased the adoption of intelligent power systems designed to manage higher rack densities and fluctuating energy requirements. Advanced UPS systems, intelligent PDUs, and modular power distribution solutions are becoming essential components of next-generation data center architectures.

The services segment is also expected to experience strong growth during the forecast period as operators increasingly require specialized expertise for system design, deployment, integration, optimization, and maintenance of complex power ecosystems.

UPS Segment Dominates as Data Centers Prioritize Reliability and Continuous Availability

Within the solution category, the UPS segment accounted for the largest revenue share in 2025. The increasing focus on maintaining uninterrupted operations is a major factor supporting UPS adoption across data center facilities.

Data centers support mission-critical applications where even short power disruptions can impact service availability, operational continuity, and customer experience. As enterprises increasingly depend on cloud services, AI platforms, and digital infrastructure, reliable backup power solutions have become a strategic priority.

Meanwhile, the busway segment is expected to grow significantly during the forecast period due to its modular design, flexibility, and ability to support changing power requirements in rapidly evolving data center environments.

BFSI Sector Leads End-Use Adoption Due to Critical Data Protection Requirements

By end use, the BFSI segment dominated the data center power industry in 2025. Financial institutions require highly reliable infrastructure to support continuous transaction processing, secure data storage, regulatory compliance, and real-time digital services.

The growing dependence on online banking, digital payments, and financial technology platforms is increasing the need for resilient data center environments supported by efficient power systems.

The IT and telecommunications segment is also expected to witness significant growth as 5G networks, edge computing, and connected technologies continue expanding globally. Distributed edge infrastructure requires scalable power solutions capable of supporting localized processing and low-latency applications.

North America Maintains Market Leadership While Asia Pacific Shows Strong Growth Potential

North America dominated the global data center power market, accounting for a revenue share of 38.0% in 2025. The region’s leadership is attributed to large-scale investments in data center modernization, cloud infrastructure expansion, and the increasing deployment of AI-driven computing environments.

The United States represented the largest country-level market share in 2025, supported by the presence of major technology companies, hyperscale data center operators, and growing investments in advanced digital infrastructure.

Asia Pacific is expected to register the fastest growth rate during the forecast period, driven by increasing internet adoption, expanding cloud ecosystems, enterprise digitization, and growing investments in data center development across emerging economies.

Explore related data center 2026 research reports

Growing Focus on Energy Efficiency and Sustainable Data Center Operations

Energy efficiency has become a critical consideration for data center operators worldwide. As facilities increase in size and computing intensity, companies are adopting advanced power management strategies to improve efficiency and reduce operational costs.

Modern data center power solutions are increasingly integrated with intelligent monitoring platforms, automation technologies, and energy optimization systems. These advancements enable operators to improve power utilization, enhance reliability, and support sustainability objectives.

The increasing emphasis on reducing environmental impact while maintaining high availability is expected to create additional opportunities for innovative power infrastructure providers.

Competitive Landscape and Strategic Industry Developments

Key companies operating in the global data center power market include Vertiv Group Corp., Schneider Electric, ABB, Eaton, and GE Vernova. These companies are focusing on product innovation, strategic partnerships, acquisitions, and technology development to strengthen their market positions.

Industry participants are increasingly developing solutions designed for high-density computing environments, AI infrastructure requirements, modular data center deployments, and energy-efficient operations.

To learn more about growth opportunities in the Data Center Power Market, access the full report from Grand View Research

About Grand View Research
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

Browse Investment Insights by Grand View Research – a dedicated, scalable fundamental research platform designed to function as a seamless extension of investment teams across the buy-side and sell-side ecosystem.

Contact:
Michelle Thoras
Corporate Sales Specialist, USA
Grand View Research, Inc.
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com
Web: https://www.grandviewresearch.com
Follow Us: LinkedIn | Twitter
Blog – https://globalindustryherald.com/

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Smart Digital Group Limited Receives Nasdaq Delisting Determination Notice

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ZHUHAI, China, June 23, 2026 /PRNewswire/ — Smart Digital Group Limited (Nasdaq: SDM) (the “Company”) today announced that it received a written notice (the “Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) on June 17, 2026, stating that Nasdaq has determined to delist the Company’s securities.

As a result of the U.S. Securities and Exchange Commission having issued a trading suspension in the Company’s securities on September 29, 2025 (https://www.sec.gov/files/litigation/suspensions/2025/34-104112.pdf), Nasdaq halted trading in the Company’s securities and has now determined to delist the Company’s securities pursuant to its discretionary authority set forth in Nasdaq Listing Rule IM-5101-4.

Nasdaq Listing Rule IM-5101-4 allows Nasdaq “to exercise discretion to delist a company from Nasdaq based on the potential for one or more third parties to engage in misconduct impacting a company’s securities where the SEC has implemented a temporary trading suspension.” Nasdaq believes that the ability for third parties to manipulate a security’s price indicate that the security does not have sufficient liquidity to promote fair and orderly markets and, therefore, delisting is consistent with the protection of investors and the public interest, and that it is appropriate to use its authority under IM-5101-4 to delist the Company’s securities from Nasdaq based on those factors that make the Company’s securities susceptible to manipulation.

Unless the Company files an appeal with the Nasdaq Hearings Panel by 4:00 p.m. Eastern Time on Wednesday, June 24, 2026, trading of the Company’s securities will be suspended at the opening of business on Friday, June 26, 2026, and Nasdaq will file a Form 25-NSE with the SEC to complete the delisting. If the Company timely requests a hearing, the suspension of trading will be stayed pending the Panel’s decision, however, the currently imposed trading halt will remain in effect.

Following the Notice, the Company has and will continue to consult with its legal counsel and other advisors to evaluate its options, including the viability of an appeal and any further necessary actions. The Company will make further announcements as appropriate. To date, Nasdaq has not claimed or communicated a view that there has been any wrongdoing by the Company, whether in regard to Nasdaq’s investigation of the recent trading activity of the Company’s securities or otherwise. Nasdaq’s decision does not affect the Company’s operations or financial position, and the Company continues to conduct business in the ordinary course.

Forward-looking Statement

This press release contains forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties, and are based on the Company’s current expectations and projections of future events that it believes may affect its financial condition, operating results, business strategies, and financial needs. Investors can identify these forward-looking statements by terms such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “is likely to,” “potential,” “continue,” or other similar expressions. Except as required by law, the Company is not obligated to publicly update or revise any forward-looking statements to reflect subsequent events or circumstances, or changes in its expectations. Although the Company believes the expectations expressed in these forward-looking statements are reasonable, there is no guarantee that these expectations will prove correct. The Company reminds investors that actual results may differ materially from expected results and encourages them to review other factors and risks that may affect its future results, as disclosed in the Company’s registration statements and other filings with the U.S. Securities and Exchange Commission, which are available at www.sec.gov.

For inquiries, please contact:
Smart Digital Group Limited
irsmartdigital@163.com

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SOURCE Smart Digital Group Limited

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3iQ Announces Addition of Anchorage Digital as Sub-Custodian for The Bitcoin Fund

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NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

TORONTO, June 23, 2026 /CNW/ — 3iQ Corp. (“3iQ”), the investment fund manager of The Bitcoin Fund (the “Fund”), today announced that, effective June 23, 2026, Anchorage Digital has been added as an additional sub-custodian under the Fund’s multi-custody arrangement. Tetra Trust remains the Fund’s primary custodian and has played an instrumental role in the integration of Anchorage Digital as part of the Fund’s expanded custody framework.

The addition follows the previously announced selection of Anchorage Digital as 3iQ’s infrastructure and custody partner for its digital asset investment platform, and is intended to provide the Fund with additional institutional digital asset custody infrastructure, operational flexibility, and security controls appropriate for a publicly listed digital asset investment fund.

There is no change to the Fund’s investment objectives, investment strategy, management fee, ticker symbols, or listing on the Toronto Stock Exchange as a result of the addition of Anchorage Digital as an additional sub-custodian. Units of the Fund will continue to trade on the Toronto Stock Exchange under the symbols QBTC and QBTC.U.

“Adding Anchorage Digital as an additional sub-custodian is an important operational milestone for The Bitcoin Fund,” said Tommaso Mancuso, President and Chief Investment Officer of 3iQ. “As digital asset investment products continue to mature, custody infrastructure remains central to investor protection, operational resilience, and long-term scalability. Anchorage Digital provides regulated, institutional-grade infrastructure that aligns with the needs of the Fund and its unitholders.”

3iQ will file a material change report in respect of the addition of Anchorage Digital as an additional sub-custodian to the Fund, which will be available under the Fund’s profile on SEDAR+ at www.sedarplus.ca/.

About The Bitcoin Fund

The Bitcoin Fund is a closed-end investment fund managed by 3iQ Corp. The Fund seeks to provide unitholders with exposure to bitcoin and the daily price movements of the U.S. dollar price of bitcoin, and the opportunity for long-term capital appreciation. Units of the Fund are listed on the Toronto Stock Exchange under the symbols QBTC and QBTC.U.

About 3iQ

Founded in 2012, 3iQ is one of the world’s leading alternative digital asset managers, pioneering institutional-grade investments. 3iQ launched the world’s first Digital Assets Managed Account Platform (QMAP), a hedge fund investment solution, offering innovative risk-managed investment solutions to gain exposure to digital assets. 3iQ was also the first to launch a Bitcoin and Ethereum ETP listed on a major global stock exchange, integrate staking into its Ethereum and Solana ETPs boosting investor returns, and offering other regulated ETPs. 3iQ is a subsidiary of Coincheck Group N.V., a NASDAQ-listed holding company based in the Netherlands. Since 2012, 3iQ has been at the forefront of innovation in digital asset investment management. To learn more about 3iQ, visit 3iq.io.

W: https://www.3iq.io/
L: https://www.linkedin.com/company/3iq-corp/
X: https://x.com/3iq_corp

About Anchorage Digital

Anchorage Digital is a global crypto platform that enables institutions to participate in digital assets through trading, staking, custody, governance, settlement, stablecoin issuance, and the industry’s leading security infrastructure. Home to Anchorage Digital Bank N.A., the first federally chartered crypto bank in the U.S., Anchorage Digital also serves institutions through Anchorage Digital Singapore, which is licensed by the Monetary Authority of Singapore; Anchorage Digital NY, which holds a BitLicense from the New York Department of Financial Services; and self-custody wallet Porto by Anchorage Digital. Anchorage Digital Bank also offers fiat custody services through the use of an FDIC-insured, licensed sub-custodian. Anchorage Digital is funded by leading institutions including Andreessen Horowitz, GIC, Goldman Sachs, KKR, and Visa, with a valuation of $4.2 billion. Founded in 2017 in San Francisco, California, Anchorage Digital has offices in New York, New York; Porto, Portugal; Singapore; and Sioux Falls, South Dakota. Learn more at anchorage.com, on X @Anchorage, and on LinkedIn.

Press Contacts:

Anchorage Digital
press@anchorage.com

Forward-Looking Information

This press release may contain forward-looking information within the meaning of applicable Canadian securities laws, including statements regarding the expected benefits of the Fund’s expanded custody arrangements and 3iQ’s digital asset investment platform. Forward-looking information is based on assumptions, expectations, estimates and projections that 3iQ believes are reasonable as of the date of this press release, but which are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance or developments to differ materially from those expressed or implied by such forward-looking information. There can be no assurance that the expected benefits of the expanded custody arrangements or the addition of Anchorage Digital as an additional sub-custodian will be realized. 3iQ does not undertake any obligation to update or revise any forward-looking information, except as required by applicable law.

Investor Information

This press release is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy units of the Fund in Canada, the United States, or any other jurisdiction.

Investing in digital assets involves significant risk, including the possible loss of principal. The value of bitcoin may be highly volatile and may fluctuate materially. Investors should read the Fund’s offering documents and other continuous disclosure documents before making an investment decision.

You will usually pay brokerage fees to your dealer if you purchase or sell units of the Fund on the Toronto Stock Exchange. If the units are purchased or sold on the Toronto Stock Exchange, investors may pay more than the current net asset value when buying units of the Fund and may receive less than the current net asset value when selling them. There are ongoing fees and expenses associated with owning units of an investment fund. An investment fund must prepare disclosure documents that contain key information about the Fund. You can find more detailed information about the Fund in these documents. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated.

Media Contact

3iQ Corp.
161 Bay Street, Suite 2700
Toronto, Ontario M5J 2S1
Email: info@3iq.ca
Telephone: +1 (416) 639-2130

SOURCE 3iQ

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D2L Recognized as a Leader Across 15 G2 Summer 2026 Reports

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Customer reviews rank D2L Brightspace as a leading learning platform across global markets

TORONTO, June 23, 2026 /PRNewswire/ – D2L, a global leader in learning innovation, today announced that D2L Brightspace was recognized with 15 awards in G2’s Summer 2026 Reports. D2L was named a Leader across global, corporate and regional Learning Management System (LMS) Grid Reports.

“At D2L, we believe learning has the power to transform lives and careers,” said John Baker, President and CEO at D2L. “Being recognized by G2 reflects the voices of people who use D2L Brightspace every day to create more engaging, accessible and personalized learning experiences. We are proud to support their success and lean into the future of learning with all our customers.”

D2L Brightspace was named a Leader by G2 across 15 global Summer 2026 Reports including:

Regional LMS reports: Canada (Overall, Mid-market and Small Business), United Kingdom, Europe and EMEALMS reports: Overall, Small-Business, Mid-Market and EnterpriseCorporate LMS reports: Overall and Mid-MarketMomentum and Results Index reports: Momentum Grid Report and Small-Business Results Index for Learning Management System

“Earning a Leader position in a G2 Report is highly competitive and rooted in verified customer reviews,” said Godard Abel, co-founder and CEO, G2. “Congratulations to D2L for achieving this distinction. Buyers can be confident this ranking reflects the authentic experiences of real users.”

These awards add to D2L’s growing list of accolades. View the full list of award-winning solutions, including D2L Brightspace and D2L Lumi.

About G2’s Grid Reports
G2’s quarterly Grid Reports rank products using a proprietary algorithm based on verified user reviews and market presence data. Products in the Leader tier are rated highly by G2 users and hold substantial satisfaction and market presence scores. A product must receive a minimum number of approved, recent reviews to qualify for inclusion. To learn more, visit G2.com.

About G2
G2 is the world’s largest and most trusted software marketplace. More than 100 million people annually — including employees at all Fortune 500 companies — use G2 to make smarter software decisions based on authentic peer reviews.

About D2L   
D2L is transforming the way the world learns, helping learners achieve more than they dreamed possible. Working closely with customers all over the world, D2L is on a mission to make learning more inspiring, engaging and human. Find out how D2L helps transform lives and delivers outstanding learning outcomes in K-12, higher education and businesses.

X: @D2L
© 2026 D2L Corporation.

The D2L family of companies includes D2L Inc., D2L Corporation, D2L Ltd, D2L Australia Pty Ltd, D2L Europe Ltd, D2L Asia Pte Ltd, D2L India Pvt Ltd, D2L Brasil Soluções de Tecnologia para Educação Ltda and D2L Sistemas de Aprendizaje Innovadores, S. D2 R.L de C.V., and H5P Group AS.

All D2L and H5P marks are owned by the D2L group of companies. Please visit D2L.com/trademarks for a list of D2L marks. All other trademarks are the property of their respective owners.

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