Green Data Center Market Expected to Grow from $19.25 Billion in 2013 to $75.89 Billion by 2019

The green data center market is estimated to grow from $19.25 billion in 2013 to $75.89 billion by 2019, at an expected CAGR of 25.7% for the period of 2013-2019, according to a new report by MicroMarket Monitor. Although they don’t define the term ‘green’ in their announcement, it provides an indication of global green data center demand.

Strict governmental regulations and environmental concerns from standard regulatory bodies would be driving the North America green data center market at a rapid pace. The North American green data center market is estimated to grow from $8.41 billion in 2013 to $35.10 billion by 2019, at an expected CAGR of 26.9% from 2013 to 2019.

The European green data center market is estimated to grow from $5.0 billion in 2013 to $18.30 billion by 2019, at an expected CAGR of 24.2% from 2013 to 2019.

Asia Pacific market

green-data-centersDue to the exponential growth of IT sector worldwide following the last decade, the Asia Pacific region has experienced a high rate of adoption of IT. This high growth in data production and consumption has triggered the demand for more data centers in this region, also green ones.

The Asia Pacific green data center market is estimated to grow from $4.71 billion in 2013 to $20.16 billion by 2019, with an expected CAGR of 27.4% from 2013 to 2019. The compound annual growth rate indicates that the Asia Pacific green data center market is the fastest-growing market.

The new report by MicroMarket Monitor can be found here.

MicroMarket Monitor identifies and attends to various unmet needs of different industrial verticals, which include value chain impact analysis. The company publishes about 12000 Market Research Reports on various Micro Markets across the world.

Furlow consulting