North American Market Forecast
Green data center market in the North America region is set to hold the largest revenue share of 37% during the period between 2024-2037. This growth in the region can be impelled by the presence of numerous services and software providers.
The US, followed by Canada, is estimated to dominate the North American landscape, with high investments by colocation providers and hyperscale data center operators. The request for cost-effective and effective control arrangements has expanded, with more offices being created as green information centers in North America. Data centers account for around 2% of all electricity use in the United States, as claimed by the Department of Energy.
The main factors driving demand for new data center infrastructure in this region are the expansion of broadband access, 5G deployment, and a shift towards big data analytics and cloud computing services.
APAC Market Statistics
The green data center market in the Asia Pacific region is poised to hold a substantial share by the end of the forecast period. Increasing electricity demand is slated to drive growth in the Asia Pacific region, as to manage energy costs, a growing emphasis is placed on optimizing energy use and adopting environmentally friendly practices.
In addition, more stringent rules on energy consumption and emissions are being implemented by several countries in the Asia Pacific region.
Author Credits: Abhishek Verma
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