Green Data Center Market – Global Industry Size, Growth,
Share Report, 2032

Green Data Center Market is predicted to register at a CAGR
of over 14% between 2024 and 2032, owing to the shift towards sustainable
business practices and environmental consciousness.

In December 2023, Infosys, an IT services company
collaborated with Shell, an energy company to accelerate the adoption of
immersion cooling services for data centers. There is an increasing awareness
of the environmental impact of traditional data centers, marked by high energy
consumption and carbon emissions. Companies are recognizing the importance of
reducing their carbon footprint, and the implementation of energy-efficient
technologies in data centers.

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Green data centers utilize energy-efficient technologies
such as advanced cooling systems, virtualization, and renewable energy sources
to optimize resource utilization and minimize energy consumption. The cost
savings associated with energy efficiency and reduced reliance on non-renewable
energy sources make green data centers an economically viable choice for
businesses aiming to enhance operational efficiency while controlling costs.

Green data center market is segmented on the basis of
component, application and region.

Service segment will generate notable revenues in the
forecast period, due to the specialized expertise and support in implementing
and managing sustainable data center solutions. As organizations increasingly
shift to green data centers to align with environmental goals, they seek
comprehensive services to navigate the complexities of the transition
effectively. Service providers offer consulting, design, and implementation
services, assisting businesses in optimizing energy efficiency, adopting renewable
energy sources, and implementing eco-friendly technologies.

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Green data center market size from IT & Telecom segment
is anticipated to witness a strong CAGR throughout 2024 and 2032, favored by
the substantial energy consumption and the commitment to sustainability.
Realizing the environmental impact of traditional data centers, the IT & telecom
companies have been at the forefront of adopting green data center solutions.
As the demand for digital services continues to surge, these companies are
investing in energy-efficient technologies, renewable energy sources, and
advanced cooling systems.

Europe green data center market is slated to witness decent
growth rate during 2024-2032, attributed to the stringent regulatory
frameworks. Governments in the region actively promote eco-friendly practices,
offering incentives and enforcing policies that encourage businesses to invest
in energy-efficient technologies. The region's significant investments in
renewable energy, such as wind and solar power, create an ideal environment for
the integration of sustainable practices in data center operations, creating a
positive market outlook.

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