Global power distribution unit market has registered robust growth in the last few years. If forecasts hold true, decelerated rate of growth is unlikely for the market between 2016 and 2024. Demand for power distribution units (PDUs) is augmented by the rising need for efficient technologies of storing and managing the staggering volume of data generated in organizations daily. While the penetration of automation and cloud computing is hailed, the need for effectively storing the rising volume of unstructured data cannot be denied either.
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Also the overall economic growth and the increasing investment in industrial infrastructure across emerging nations have had a positive impact on the market. These developments have translated into high demand for data centers, which consequently boosts scope for the expansion of the global power distribution units market. Data centers rely PDUs for distributing the power across network components. These devices also help in keeping track of the power usage of each component in a data center. Modern PDUs minimize the downtime of servers and increase process efficiency of the network components. Considering all these positive impacts, demand for the PDU is set to rise during the forecast period from 2016 to 2024.