The North America Data Center Power Market would witness market growth of 12.2% CAGR during the forecast period (2025-2032).
The US market dominated the North America Data Center Power Market by Country in 2024, and would continue to be a dominant market till 2032; thereby, achieving a market value of $13,788.6 million by 2032. The Canada market is experiencing a CAGR of 15.9% during (2025 - 2032). Additionally, The Mexico market would exhibit a CAGR of 14.2% during (2025 - 2032).
The data center power market has emerged as a critical segment within the broader technology and infrastructure landscape, driven by the exponential growth of digital services, cloud computing, and data-intensive applications. As the backbone of the digital economy, data centers require robust, reliable, and efficient power systems to support their operations.
Data center power solutions are integral to various applications across industries, reflecting the diverse needs of modern digital infrastructure. One primary application is cloud computing, where hyperscale data centers operated by companies like Amazon Web Services (AWS), Microsoft Azure, and Google Cloud require massive power capacities to handle millions of simultaneous user requests.
The North American region is witnessing a transformative surge in digital infrastructure investment, underpinned by rapid cloud adoption, the rise of fintech ecosystems, and expansion in telecommunications. The United States remains the global leader in data center deployment, and its momentum shows no signs of slowing down. According to the World Bank, data-hosting infrastructure expenditures soared by 60% between 2018 and 2021, reaching a staggering US$41 billion in 2021—representing 20% of the entire ICT sector’s capital spending. Mexico is emerging as a fintech powerhouse, with over 650 fintechs, making it one of the largest ecosystems globally. Canada’s expanding telecommunications sector is a foundational driver for the country’s digital economy. In 2022, the sector generated CAD 57.2 billion in revenue, according to the Canadian Radio-television and Telecommunications Commission (CRTC), indicating a strong demand for data processing, network connectivity, and digital storage solutions. Therefore, the U.S., Mexico, and Canada each present distinct yet complementary growth trajectories for the market.
Free Valuable Insights: The Data Center Power Market is Predict to reach USD 50.67 Billion by 2032, at a CAGR of 12.8%
Based on Component, the market is segmented into Solutions (UPS, PDU, Busway, and Other Solutions Type), and Services (Integration & Deployment, Design & Consulting, and Support & Maintenance). Based on End-use, the market is segmented into BFSI, IT & Telecom, Retail & E-commerce, Healthcare, Government, Energy, and Other End-use. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
By Component
By End-use
By Country
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