Global Green Data Centers Market Expected to Reach $509.6 Billion by 2030

Dublin, Nov. 11, 2024 - The global green data centers market is projected to reach US$509.6 billion by 2030, growing at a compound annual growth rate (CAGR) of 19.4% from 2023 to 2030, says a new report released by ResearchAndMarkets.com.

The increasing demand for cloud services and data storage, along with regulatory pressure to reduce carbon emissions, advancements in energy-efficient technologies, and the growing focus on corporate sustainability are driving the growth of the green data center market. The exponential growth in data generated by businesses and consumers is a major driver of the market, as companies turn to green data centers to ensure that their operations are sustainable and energy-efficient.

"Green data centers have become an essential component of any organization's sustainability strategy, as they help reduce carbon emissions and demonstrate commitment to environmental stewardship," said ResearchAndMarkets.com. "The growing focus on corporate sustainability is particularly strong in industries like technology, finance, and retail, where green initiatives are becoming a competitive differentiator."

Key regions expected to drive the growth of the global green data centers market include the U.S., China, Japan, Canada, Germany, and the Asia-Pacific.

The report also features insights into key players such as Cisco Systems, Inc., Dell Technologies, Eaton Corporation, Emerson Network Power, Fujitsu Ltd., GoGrid LLC, Hitachi Lt.d, HP, Inc., IBM Corporation, Schneider Electric SA, among others.

With this new analysis, businesses can make informed decisions about investing in green data centers and staying ahead of the competition in the rapidly evolving market. For more information on this report, please visit: https://www.researchandmarkets.com/r/mcnd3t