Market Trends of Philippines Data Center Power Industry
The IT & Telecom Segment is Expected to Hold a Significant Market Share
- The BFSI and cloud segments are expected to grow proportionally, followed by other end users such as telecom, government, e-commerce, and media & entertainment.
- The IT load capacity of the BFSI segment is expected to register a CAGR of 15.18% during the forecast period, increasing from 39.7 MW in 2022 to 86.8 by 2029. As of 2021, the IT load capacity of the segment was 21.2 MW.
- With online gaming and streaming content services gaining traction in the Philippine market, the media & entertainment segment is expected to increase its data consumption from 41.4 MW in 2022 to 109.9 MW by the end of the forecast period, recording a CAGR of 14.97%.
- Manufacturing and healthcare are also expected to grow in the future. The implementation of Industry 4.0 standards is expected to automate the end-user industries and generate huge amounts of data.
- The manufacturing segment's consumption is expected to increase from 6.5 MW in 2022 to 11.6 MW by 2029, recording a CAGR of 8.5%. Though the healthcare segment is at the nascent stage, it is expected to grow due to its high potential in the near future.
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Monitored PDUs Hold a Significant Share in the Market
- Monitored rack PDUs are essential components in data center and server room infrastructure, providing real-time monitoring of power usage, voltage, current, and other electrical parameters. This data helps administrators make informed decisions about power allocation and capacity planning.
- By tracking power usage trends, administrators can plan for future growth and ensure that power capacity is not exceeded, preventing overloads that could lead to equipment failures. Also, it helps identify inefficiencies and optimize energy usage. This can lead to cost savings and a reduced environmental footprint by eliminating unnecessary power consumption. Also, it allows administrators remote access and control, reducing the need for physical presence and minimizing operational disruptions.
- Increasing focus on digitalization, internet penetration, and e-commerce sales across the country creates more need for storage facilities, resulting in huge demand for data centers and a rise in power consumption. The increased demand for data storage has led to the deployment of intelligent power distribution units (PDUs) against simple multi-socket rack installations with server and network equipment, which optimize power consumption in data centers.
- Because of the advancements mentioned with monitored PDUs and the necessity to reduce electricity consumption as per government measures in the country, key market players are focusing on introducing efficient power management systems. In May 2023, Eaton, which provides power management services, launched G3 Universal Input Rack PPDUs with dynamic C39 outlets capable of accommodating different plug configurations and input voltage requirements. To meet the most diverse data center rack power requirements, G3UPDU added new features.
- There are five mega-sized data centers under construction. The major players involved in the mega-size data center segment are Globe+STT GDC+ Ayala Corporation (Karmanedge Inc.) and Diode Ventures + Endec Group +B&V. The IT load capacity under construction is more than 200 MW.
