Data Center Fire Detection and Suppression Market size was valued at USD 1.06 billion in 2023 and is expected to exceed USD 2.68 billion by 2036, expanding at over 7.4% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of data center fire detection and suppression is assessed at USD 1.12 billion. The growth of the market can be attributed to the surge in concern for the rising number of fire incidences at data centers, backed by the increase in rack density of data centers year over year. For instance, the average data center density increased from around 5kW per rack in the year 2018 to close to 8kW per rack in the year 2021. Besides this, the rising concern for unplanned downtime in data centers is also anticipated to drive the demand for fire detection and suppression systems, and in turn, boost the data center fire detection and suppression market growth. It has been found that the average cost of IT downtime is close to USD 5500/minute. Moreover, the surge in publicly reported outages around the globe and the rising awareness for fire detection and suppression systems amongst the owners of data centers, are also expected to contribute to the market growth in the coming years. For instance, the publicly reported outages caused by fire grew from around 1 case in the year 2016 to close to 5 cases in the year 2020. On the other hand, according to the statistics by the International Association of Fire and Rescue Services (CTIF), structural fires recorded in the year 2016 in USA, Russia, France, and Ukraine were 475500 numbers, 107205 numbers, 86407 numbers, and 31521 numbers respectively.
Moreover, the rise in the number of data centers worldwide, which is expected to be around 7 Million in the year 2021, and the increasing awareness promoted by regulatory bodies, such as the launch of the International Fire Safety Standard Common Principles (IFSS-CP) by the United Nations Economic Cooperation for Europe (ENECE), which focuses on bringing public confidence for control of fire along with the safety measures that needs to be taken in case of such incidences, are also anticipated to significantly expand the growth of the data center fire detection and suppression market during the forecast period.
Author Credits: Abhishek Verma
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