By 2030, Global Green Data Centers Market Expected to Surge to USD 240 Billion, Driven by Renewable Energy Adoption

The global green data centers market is witnessing explosive growth, driven by the urgent need for sustainable solutions in the face of rising environmental concerns. Valued at approximately USD 88 billion in 2024, this market is expected to surge to about USD 240 billion by 2030, reflecting a remarkable compound annual growth rate (CAGR) of 18%. As industries across the globe recognize the importance of eco-friendly practices, green data centers are emerging as a viable alternative to traditional data storage methods, significantly reducing carbon footprints and energy consumption. Factors fueling this growth include increased adoption of renewable energy sources, advancements in digital infrastructure, and burgeoning government support aimed at promoting sustainability.

Green Data Centers Market Forecast

• Projected Growth: The global green data centers market is projected to reach USD 240 billion by 2030, reflecting robust market expansion.

• CAGR: Anticipated growth at an impressive CAGR of 18% during the forecast period from 2025 to 2030.

• Key Drivers: Major drivers include rising investments in renewable energy and enhanced digital infrastructures.

• Regional Insights: North America is expected to dominate the market, holding over 35% market share, primarily due to the abundance of data-related companies in the United States.

• End-User Segments: Cloud service providers represent the largest end-user segment, accounting for more than 25% of the market share.

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Green Data Centers Industry Competitive Landscape

The competitive landscape of the global green data centers market is characterized by the presence of several key players who are instrumental in driving innovations and investments in sustainable data storage solutions. Prominent companies include:

• Hitachi Ltd.

• Cisco Systems Inc.

• HP Inc.

• IBM Corporation

• Dell Inc.

• Fujitsu Ltd.

• Eaton Corporation

• Vertiv Corporation

• Green Revolution Cooling Inc.

• HCL Technologies Ltd.

• Iron Mountain Inc.

• Arc Data Centers

• Adobe Systems

• Inspur

• Delta Power Solutions

• Others

As these companies invest in next-generation technologies, they not only enhance their market positioning but also push the sustainability agenda forward.

Key Takeaways from the Green Data Centers Market Report

• The global green data centers market is expected to grow significantly, driven by governmental support and increasing awareness of environmental impacts.

• Large enterprises constitute the largest segment of the market, driven by their extensive data storage needs and commitment to sustainability.

• Advancements in AI and monitoring systems are redefining operational efficiencies for data centers.

• Investments in renewable energy and sustainable technologies are pivotal for market growth.

• The industry's focus on reducing carbon emissions will continue to shape strategies and innovations in the green data centers market over the coming years.

Industry Recent Development

• 2024: Hitachi Ltd. has launched a new technology for data compression which utilizes deep learning to increase data storage efficiency to lower the cost, and environmental burden by providing sustainable alternatives.

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Green Data Centers Market Segmentation

The global green data centers market can be segmented based on components, end-users, enterprise sizes, and regions:

By Components

> Solutions

>> Monitoring System

>> HVAC System

>> Networking System

>> Power System

>> Others (Management Systems, etc.)

> Services

>> Installation & Deployment

>> Consulting

>> Support & Maintenance

>> Others

By End-Users

> Cloud Service Providers

> Manufacturing

> Healthcare

> Telecom

> Government

> Banking & Financial Services

> Others (Retail, etc.)

By Enterprise Sizes

> Large Enterprises

> Medium Enterprises

> Small Enterprises

By Region

> North America

> South America

> Europe

> The Middle East & Africa

> Asia-Pacific

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Frequently Asked Questions (FAQs)

• What is the projected growth rate of the green data centers market until 2030?

• Which companies are dominating the global green data centers market?

• What challenges are the green data centers market currently facing?

• How does the integration of AI impact the efficiency of green data centers?

• What role does government support play in the development of green data centers?

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• Philippines Data Center Market size is estimated to grow at a CAGR of around 7.5% during the forecast period, i.e., 2024-30. [Browse Report Details, Here! https://www.marknteladvisors.com/research-library/philippines-data-center-market.html ]

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