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Data Center Battery Market worth $10.23 billion by 2032 – Exclusive Report by MarketsandMarkets™

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DELRAY BEACH, Fla., June 30, 2026 /PRNewswire/ — According to MarketsandMarkets™, the global data center battery market is projected to grow from USD 4.82 billion in 2026 to USD 10.23 billion by 2032, reflecting a CAGR of 13.4% over the forecast period.

Browse 210 market data Tables and 45 Figures spread through 245 Pages and in-depth TOC on ” Data Center Battery Market – Global Forecast to 2032″

Data Center Battery Market Size & Forecast:

Market Size Available for Years: 2021–20322026 Market Size: USD 4.82 billion2032 Projected Market Size: USD 10.23 billionCAGR (2026–2032): 13.4%

Data Center Battery Market Trends & Insights:

The data center battery market is experiencing strong growth as operators increasingly invest in resilient power infrastructure to support expanding digital workloads. Demand is driven by the rapid growth of hyperscale, colocation, and enterprise data centers, along with the rising deployment of artificial intelligence and cloud computing applications. An increasing emphasis on uninterrupted operations, energy efficiency, and renewable energy integration is accelerating the adoption of advanced battery technologies. Continuous advancements in lithium-ion batteries, battery management systems, and battery energy storage systems are improving performance, lifecycle, and operational reliability. Growing power density requirements and the need for flexible energy management solutions are further strengthening the role of batteries in modern data center power architectures.By System type, Battery energy storage systems (BESS) are expected to register the highest CAGR of 18%–22% in the data center battery market during the forecast period.By battery type, Lithium ion batteries are expected to account for a significant share of 45%–55% of the data center battery market by 2032.By data center type, Cloud & hyperscale data centers are expected to register the highest CAGR of in the data center battery market during the forecast period.By enterprise vertical, the IT & telecommunication vertical is expected to account for a significant share of 20%–25% of the data center battery market by 2032.By region, North America is expected to account for a significant share of 32%–36% of the data center battery market by 2032.

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Market growth is driven by rising demand for reliable power backup solutions across enterprise, colocation, and hyperscale data centers. Rapid expansion of cloud computing, artificial intelligence workloads, and digital infrastructure is fueling demand for advanced battery technologies that ensure uninterrupted operations and support higher power densities. Data center operators are increasingly investing in UPS batteries and battery energy storage systems to enhance operational resilience, improve energy efficiency, and support renewable energy integration. Growing investments in hyperscale facilities and the modernization of existing data center infrastructure are further strengthening demand for advanced battery solutions worldwide.

UPS is expected to account for a significant share of the data center battery market during the forecast period.

UPS is expected to maintain a significant position in the data center battery market due to its critical role in ensuring continuous power availability and protecting mission-critical infrastructure from power interruptions. Data centers require highly reliable backup power systems to maintain uptime, safeguard sensitive equipment, and prevent operational disruptions that can lead to substantial financial losses. UPS battery systems are widely deployed across enterprise, colocation, and hyperscale facilities, making them an essential component of data center power architecture. The growing deployment of artificial intelligence workloads, rising rack densities, and increasing demand for high-availability computing environments are further strengthening investment in advanced UPS battery solutions. Ongoing expansion of digital infrastructure and continuous upgrades to existing facilities are expected to sustain demand for UPS systems throughout the forecast period.

Lithium-ion batteries are expected to account for a major share of the data center battery market during the forecast period.

Lithium-ion batteries are expected to maintain a significant share of the data center battery market due to their superior energy density, longer service life, reduced maintenance requirements, and compact footprint. These advantages have made lithium-ion technology increasingly attractive for modern data center environments, where space optimization, operational efficiency, and long-term reliability are key priorities. Adoption is strong across both UPS systems and battery energy storage applications, particularly within hyperscale and colocation facilities. Ongoing improvements in battery safety, thermal management, charging performance, and lifecycle characteristics are further driving adoption. As operators seek advanced power solutions to support growing computing requirements and energy management objectives, lithium-ion batteries are expected to remain a major contributor to market revenues.

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Asia Pacific is expected to account for a large share of the data center battery market during the forecast period.

Asia Pacific is expected to maintain a significant position in the data center battery industry, supported by substantial investments in hyperscale, colocation, and enterprise data center infrastructure across China, India, Japan, South Korea, Singapore, Malaysia, and Australia. The region is experiencing rapid expansion of data center capacity, driven by rising cloud investments, the deployment of artificial intelligence infrastructure, and growing demand for high-density computing environments. Several global cloud service providers and colocation operators are actively expanding their regional footprints, increasing demand for UPS batteries and battery energy storage systems. In addition, a growing focus on energy resilience, grid reliability, and the integration of renewable energy sources is encouraging operators to deploy advanced battery technologies. The presence of leading battery manufacturers and continued investments in large-scale digital infrastructure projects are expected to further strengthen Asia Pacific’s position in the global data center battery market.

Major companies in the data center battery companies include Contemporary Amperex Technology Co., Limited (China), LG Energy Solution (South Korea), Samsung SDI (South Korea), Tesla (US), and Panasonic Holdings Corporation (Japan).

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About MarketsandMarkets™ 

MarketsandMarkets™ has been recognized as one of America’s Best Management Consulting Firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe.

Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem.

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West Monroe Named “Overall AI Consulting Firm of the Year” in 2026 Artificial Intelligence Breakthrough Awards Program

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Recognition underscores West Monroe’s position as a market leader redefining consulting for the AI era through AI-native delivery and execution

CHICAGO, June 30, 2026 /PRNewswire/ — West Monroe, an AI-native global consulting firm, today announced it has been named “Overall AI Consulting Firm of the Year” in the 2026 Artificial Intelligence Breakthrough Awards program.

The designation is a culmination of West Monroe’s recent investments and innovations to become an AI-native firm, including the launch of WestMonroe.ai, its public platform of AI-powered strategy agents; Clonal™, its operational intelligence platform; and an internal AI Store where employees can access 450+ AI solutions. As AI reshapes work across every industry and expectations of professional services partners continue to evolve, West Monroe has transformed itself into an AI-native firm—embedding AI into how it works, delivers, and makes decisions—so it can help clients move faster, learn faster, and create value with greater confidence based on firsthand experience.

“We’re honored to be recognized by AI Breakthrough as Overall AI Consulting Firm of the Year, especially at a moment when AI is fundamentally reshaping both business and consulting,” said Bret Greenstein, Chief AI Officer at West Monroe. “This award reflects the intentional investments we’ve made in reimagining consulting through an AI-native lens, experience that directly translates to client advisory and delivery. The firms that create the most value in the AI era will be those that have transformed their own organizations and can bring that firsthand experience to clients. That’s why we’ve consistently raised the bar for ourselves, embedding AI across how we operate, and transforming how we work so we can advise from a position of real-world execution, not just theory.”

West Monroe has spent the last several years integrating AI into its strategy, delivery, workforce, and operations. These investments and achievements have already earned the firm significant recognition in 2026, including the only Gold Stevie® Award for AI-Driven Culture of Innovation across all companies, a Bronze Stevie® Award for Chief AI Officer of the Year awarded to Bret Greenstein, a Top Management Consulting Firm of the Year by Forbes in the highly sought after Artificial Intelligence category.

“West Monroe possesses everything you need under one roof and puts it into practice,” said Steve Johansson, Managing Director at AI Breakthrough. “AI capabilities are evolving weekly and delays quickly erode value. However, companies are realizing that AI transformation is more than deploying LLM tooling or giving employees access to the latest frontier models and a workflow tool. West Monroe is redefining what it means to be an AI services provider, integrating strategy, implementation, workforce enablement, and governance into a single delivery model to enable teams to move at speed and deliver real business impact. Clients benefit from solutions that are proven in practice, not just designed in theory.”

For nearly a decade, the AI Breakthrough Awards have recognized important advancements in artificial intelligence across categories including agentic AI, generative AI, computer vision, AIOps, robotics, natural language processing, and industry-specific AI applications. AI Breakthrough is a leading market intelligence organization that recognizes the top companies, technologies, and products in the global artificial intelligence market, and received more than 5,000 nominations from over 20 countries across its 2026 awards program. Winners in this year’s program included market leaders such as NVIDIA, Snowflake, Dell Technologies, HP, and Qualcomm.

To learn more about West Monroe’s AI capabilities, visit https://www.westmonroe.com/ai.

About West Monroe

West Monroe is an AI-native global consulting firm built for today’s pace of change. We combine deep industry expertise with modern technology and business transformation capabilities to help organizations move faster and deliver measurable impact with speed to value and certainty of results through execution excellence. We don’t just talk about what’s possible—we apply AI and technology where it matters most, pairing strategic insights with hands-on execution to help clients move from strategy to results, faster.

Clients tell us we show up differently. Our employee ownership model fuels an all-in approach grounded in practical execution, measurable impact, and lasting partnership. That commitment has earned recognition from Forbes and Business Insider and made West Monroe one of only 22 companies recognized worldwide for building high-quality careers.

See what’s possible at westmonroe.com.

Media Inquiries
Christina Galoozis
Director, Communications & Public Relations
cgaloozis@westmonroe.com
847-302-1762

Shira Cohen
Manager, Public Relations
scohen@westmonroe.com
443-841-6879

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Binance Expands Triparty Banking Network with Anchorage Digital’s Atlas Integration

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Binance is the first crypto exchange to partner Anchorage Digital’s Off-Exchange Settlement, eligible institutional clients gain another custody-separated pathway to access Binance liquidity

ABU DHABI, UAE, June 30, 2026 /PRNewswire/ — Binance today announced an integration with Anchorage Digital, a global crypto bank and platform that enables institutions to participate in digital assets, expanding Binance‘s Triparty Banking network and marking the first exchange integration within Anchorage Digital’s Atlas institutional settlement platform. The integration gives eligible institutional and professional clients another banking partner to manage collateral, custody, and exchange access through a custody-separated model while accessing Binance liquidity seamlessly.

As institutional participation in digital assets grows, professional investors increasingly expect market structure that more closely reflects traditional finance standards, where custody and execution are structurally separated. Because digital asset market infrastructure is still maturing, institutions have historically often had to pre-fund exchange accounts, creating operational and counterparty considerations. For firms operating under strict risk, custody, and fiduciary mandates, this has been a structural barrier to participation at scale.

Binance was the first digital assets exchange to pilot triparty banking in 2023 and has continued to grow its network of banking partners and expand institutional settlement options to help clients access liquidity while maintaining greater control over collateral and custody. Through this integration with Anchorage Digital’s Off-Exchange Settlement, powered by Atlas, eligible institutions now have another banking option to maintain independent custody of their pledged cash and crypto collateral while trading on Binance.

Binance has continued to expand institutional-grade infrastructure that helps professional traders access crypto markets more securely and efficiently. Working with Anchorage Digital on off-exchange settlement gives eligible institutional clients another way to access Binance liquidity while managing custody and collateral through a model that is more familiar to traditional financial markets,” said Catherine Chen, Head of VIP & Institutional at Binance.

“Institutions need crypto market structure that reflects the standards they already rely on in traditional finance. Off-Exchange Settlement, powered by Atlas, is designed to separate custody from execution, helping institutions access exchange liquidity while keeping assets in secure custody. By working with Binance, we’re bringing that model to the world’s largest crypto exchange by trading volume,” said Nathan McCauley, Co-Founder and CEO of Anchorage Digital.

Binance Banking Triparty supports institutional workflows across trading, settlement, lending, collateral management, and other capital markets use cases. Subject to eligibility and availability, it also enables collateral management across cash and cash equivalents, crypto assets, and select tokenized real-world assets, including money market funds such as BlackRock’s BUIDL, Circle’s USYC, and Franklin Templeton’s iBENJI, helping institutions manage their trading margin with greater capital efficiency.

Find out more about Binance Banking Triparty here: https://www.binance.com/en/triparty

Disclaimer
This announcement is for general information only. Binance does not onboard or service U.S. persons. Digital asset prices are subject to high market risk and price volatility. The value of your investment can go down or up, and you may not get back the amount invested. You are solely responsible for your investment decisions, and Binance is not liable for any losses you may incur. Past performance is not a reliable predictor of future performance. You should only invest in products you are familiar with and where you understand the risks. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice. For more information, see our Terms of Use and Risk Warning.

About Binance
Binance is a leading global blockchain ecosystem behind the world’s largest cryptocurrency exchange by trading volume and registered users. Binance is trusted by more than 310 million people in 100+ countries for its industry-leading security, transparency, trading engine speed, protections for investors, and unmatched portfolio of digital asset products and offerings from trading and finance to education, research, social good, payments, institutional services, and Web3 features. Binance is devoted to building an inclusive crypto ecosystem to increase the freedom of money and financial access for people around the world with crypto as the fundamental means. For more information, visit: https://www.binance.com.

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.

 

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Pyka Executes Autonomous Airdrop Resupply and Casualty Evacuation Missions at U.S. Army Reserve CSTX Exercise

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ALAMEDA, Calif., June 30, 2026 /PRNewswire/ — Pyka successfully demonstrated its autonomous cargo aircraft, DropShip, during the U.S. Army Reserve’s Combat Support Training Exercise (CSTX), showcasing how autonomous aviation can support logistics and sustainment missions in austere operational environments.

 

As part of the Army Reserve’s technology insertion effort within Operation Sentinel Justice, Pyka conducted a series of live operational exercises designed to evaluate emerging capabilities against real-world military logistics challenges.

During the exercise, DropShip executed multiple live aerial resupply missions, including a 20-mile autonomous flight from Gulfport to Diamondhead followed by a 200 pound precision airdrop. The aircraft also showcased its ability to operate from unimproved landing areas, successfully landing on a grass runway and validating its suitability for expeditionary, runway-independent operations.

In addition to resupply missions, Pyka collaborated with Army soldiers in a demonstrative casualty evacuation scenario, highlighting the potential for DropShip to support medical logistics and personnel extraction operations in contested and challenging environments.

“Army Reserve leaders have been clear about the autonomous, runway-independent aircraft to support critical operations in austere environments,” said Michael Norcia, CEO/CTO and Co-Founder at Pyka. “CSTX provided an outstanding opportunity to showcase how DropShip can help close logistics gaps, extend operational reach, and increase the resilience of sustainment operations.”

The missions were conducted in collaboration with Army Reserve personnel who are evaluating technologies capable of delivering essential payloads in contested environments. With a payload capacity of up to 550 pounds and a range of up to 3,500 miles, DropShip is designed to transport critical supplies to locations that are inaccessible and impractical for legacy aircraft.

Pyka’s participation in CSTX highlights the company’s commitment to advancing autonomous UAS capabilities for defense, providing commanders with the next-generation platforms required to enhance operational resilience in contested environments.

About Pyka:
Pyka is America’s leading manufacturer of dual-use heavy-lift autonomous aircraft. Pyka’s aircraft are in commercial operation globally with customers across agriculture, logistics and defense. The company’s technologies are designed for demanding, real-world environments and proven to enhance safety, efficiency, and reliability in critical missions worldwide.

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