Green Data Center Market Size

  • Report ID: 5648
  • Published Date: Nov 08, 2024
  • Report Format: PDF, PPT

Green Data Center Market Size

Green Data Center Market size was valued at USD 84.92 billion in 2024 and is likely to cross USD 683.43 billion by 2037, registering more than 17.4% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of green data center is estimated at USD 96.74 billion. The requirement for green data centers is primarily being driven by the increase in demand for storage space and data storage. Huawei predicts that during the slated period, the demand for data centers will rise three to ten times globally.

Due to new construction brought about by regulations and the predicted rise in the need to reduce operational expenditure, along with the positive outlook for data center storage needs and the need to reduce energy consumption. green data centers offer practical and environmentally friendly options in terms of data storage and decrease in energy consumption should see high demand.

Green data centers use cutting-edge technologies including power management tools, sophisticated cooling systems, and virtualization to prioritize energy economy. These centers lower operating expenses considerably by reducing energy use, which attracts enterprises financially.

Green data centers are also using more and more renewable energy sources to harness the power of nature. By utilizing renewable energy sources like solar, wind, and hydroelectric power plants, we can lessen our need for fossil fuels and reduce our carbon footprint.


GREEN DATA CENTER MARKET
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Author Credits:  Abhishek Verma


  • Report ID: 5648
  • Published Date: Nov 08, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of green data center is estimated at USD 96.74 billion.

The green data center market size was valued at USD 84.92 billion in 2024 and is likely to cross USD 683.43 billion by 2037, registering more than 17.4% CAGR during the forecast period i.e., between 2025-2037. The growing demand for renewable energy and increasing demand for energy efficiency solutions will drive the market growth.

North America industry is likely to account for largest revenue share of 37% by 2037, due to rising substantial presence of numerous services and software providers in the region.

The major players in the market include ABB Ltd., Asetek, Inc., Delta Electronics, Inc., Digital Realty Trust, Cisco Systems, Inc., Dell Technologies, Inc., Equinix, Inc., Norwegian Firm Earth Wind and Power, Phonepe, Hewlett Packard Enterprise Company, Huawei GreenBay
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