Green Data Center Market to Garner $303.9 Bn, Globally, by 2031 at 20.1% CAGR: Allied Market Research
Green Data Center Market to Garner $303.9 Bn, Globally, by 2031 at 20.1% CAGR: Allied Market Research
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Oct 18, 2022, 10:30 ET
Rise in penetration of high-end cloud computing in companies, surge in need for scalability, and increase in expenditure on green data center technology drive the global green data center market.
PORTLAND, Ore., Oct. 18, 2022 /PRNewswire/ -- Allied Market Research recently published a report, titled, "Green Data Center Market by Component (Solution, Services), by Enterprise Size (Large Enterprises, Small and Medium-sized Enterprises), by Industry Vertical (BFSI, IT and Telecom, Media and Entertainment, Healthcare, Government and Defense, Retail, Manufacturing, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031" As per the report, the global green data center industry generated $49.7 billion in 2021, and is projected to reach $303.9 billion by 2031, growing at a CAGR of 20.1% from 2022 to 2031.