Cloud and colocation service providers drive UPS market to return to growth in 2016
Lucas Beran
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August 07, 2017
After four straight years of decline for the uninterruptible power supplies (UPS) hardware market, 2016 proved to be the year the market returned to growth, at a rate of 1.6 percent to total $7.4 billion. North America and Asia’s markets grew at the fastest rates, led by large investment from colocation and cloud service providers. EMEA UPS revenues remained relatively flat in 2016, as colocation and cloud services providers grew their footprints while other segments of the market struggled. Latin America’s UPS market continued to contract in 2016, as the region’s markets struggle to overcome political corruption and economic uncertainty.
