Green Data Center Market Size to Surpass USD 213.39 billion by 2030, at a CAGR of 17.2%

As per the report by Fortune Business Insights, the global Green Data Center Market size is projected to reach USD 213.39 billion in 2030, at a CAGR of 17.2% during the forecast period, 2023-2030

Pune,India, Aug. 21, 2023 (GLOBE NEWSWIRE) — Global green data center market size was valued at USD 61.04 billion in 2022 and is projected to reach USD 213.39 billion by 2030, exhibiting a CAGR of 17.2% during the forecast period. Fortune Business Insights presents this information in their latest report titled ” Green Data Center Market Forecast, 2023-2030.”

Request a Free Sample PDF: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/green-data-center-market-105173

Key Industry Development:

Fujitsu created energy-efficient photonics, smart NIC, and CPUs for green data centers under the NEDO program. Through this move, the company aimed to strengthen the development of innovative networks and computing technologies to increase the efficiency of green data centers.

Key Takeaways:

• Green Data Center Market is expected to flourish & reach USD 213.39 Billion in 2030
• Robots powered by AI can forecast power interruptions, achieve better performance metrics, and spend less money on maintenance.
• A sustainable data centre with energy-efficient technologies requires a larger initial investment than a conventional one.
• The services segment is expected to record the highest CAGR due to their growing demand in deploying green technologies.
• Green Data Center Market in North America was USD 26.43 Billion 2022

Discover the Leading Players Featured in the Report:

“Companies leading the global Green Data Center Market are Dell EMC Inc. (U.S.), Fujitsu Ltd (Japan), Cisco Systems, Inc. (U.S.), HP Inc. (U.S.), Hitachi Ltd (Japan), Schneider Electric SE (France), IBM Corporation (U.S.), Eaton Corporation (Ireland), Vertiv Corporation (U.S.), Green Revolution Cooling, Inc. (U.S.)”

Report Scope & Segmentation

Browse Complete Report Details: https://www.fortunebusinessinsights.com/green-data-center-market-105173

Drivers and Restraints:

Growing Use of AI in Power & Cooling Technologies to Boost Market Progress

Cutting-edge technologies, such as Machine Learning (ML) and Artificial Intelligence (AI), are being increasingly used in green data centers to automate several process and decrease their carbon footprint. Organizations are boosting the demand for data center services as digital transformation is taking over several industries across the globe. Data center operators are trying to overcome these problems by using AI and ML technologies in their infrastructure, thereby driving the market growth.

However, high costs associated with initial investments and modifying the existing infrastructure might impede the market development.

Leading Segments Covered in this Report-

By Component

• Solutions
• Power System
• Monitoring & Management System
• Cooling/HVAC System
• Networking System
• Services
• Professional
• Managed

By User

• Colocation Providers
• Cloud Service Providers (CSPs)
• Enterprises

Regional Insights:

North America to Lead Global Market Growth with Increasing Presence of Large-Scale Data Centers

North America is expected to capture the largest green data center market share as the region has a vast presence of data centers. The region is also seeing a notable rise in investments from hyperscale data center operators and colocation service providers.

The market in Asia Pacific is also anticipated to record a considerable CAGR during the forecast period due to the region’s ever-expanding IT sector and rapid adoption of digital technologies.

Quick Buy – Green Data Center Market: https://www.fortunebusinessinsights.com/checkout-page/105173

Competitive Landscape:

Green Data Center Providers to Enter into Partnerships and Collaborations to Expand Market Presence

Some of the key players operating in the market are collaborating or partnering with companies in the same space to increase their revenue margins. These partnerships can help organizations boost their sales and reduce costs by combining or sharing different unique resources.

FAQs:

How big is the green Data Center Market?

The Green Data Center Market size was USD 61.04 billion in 2022. It is expected to reach USD 213.39 billion by 2030.

How fast is the green Data Center Market growing?

The green Data Center Market will exhibit a CAGR of 17.2% during the forecast period, 2023-2030.

Related Reports:

Data Center Colocation Market Size, Key Technology And Industry Trends Till 2029

Data Center Automation Market Size, Industry Share and Total Revenue Growth Rate Till 2029

Cloud Computing Market Size, Share And Major Industry Players Forecast (2022-2029)

Edge Computing Market Size, Share And Development By 2029

About Us-

Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Contact Us:

Fortune Business Insights™ Pvt. Ltd.

US: +1 424 253 0390

UK: +44 2071 939123

APAC: +91 744 740 1245

Email: sales@fortunebusinessinsights.com