Data Center Energy Storage Market to Double to $10.48B by 2032
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Delray Beach – September 13, 2026 -- The global data center energy storage systems market is set to grow from $5.17 billion in 2026 to $10.48 billion by 2032, a 12.5% compound annual growth rate, according to a new MarketsandMarkets report.
AI and cloud expansion drive storage demand across hyperscale facilities
Hyperscale, colocation, and enterprise data centers serving BFSI, healthcare, manufacturing, e-commerce, and IT & telecommunications clients are reinforcing power infrastructure as AI workloads strain grid capacity. Cloud & hyperscale data centers are projected to post the fastest growth among data center types at a 14.8% CAGR through 2032, commanding the largest revenue share as operators scale computing capacity requiring uninterrupted power.