Sustainable Data Center Industry Outlook & Forecast 2024-2029: Market to Surpass $85 Billion, Driven by Large Colocation and Hyperscale Data Center Operators
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The sustainable data center market is projected to exceed $85 billion by 2029, driven by major players like Google, Microsoft, Oracle, IBM, Tencent, Meta, and AWS. These companies are advancing renewable energy initiatives, particularly in government sectors, with AWS building a sustainable data center for the Australian government.
December 19, 2024 | 9:45 am
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POSITIVE IMPACT
AWS, part of Amazon, is constructing a sustainable data center for the Australian government, highlighting its leadership in renewable energy.
AWS's construction of a sustainable data center for the Australian government underscores its leadership in renewable energy, likely enhancing its reputation and market share.
CONFIDENCE 95
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Google is advancing renewable energy in the data center market, contributing to its projected growth.
Google's leadership in renewable energy for data centers enhances its market position and aligns with sustainability trends, potentially increasing its market share.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
IBM is contributing to the growth of the sustainable data center market through renewable energy initiatives.
IBM's focus on renewable energy in data centers aligns with sustainability trends, potentially boosting its market presence and revenue.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Meta is a key player in the sustainable data center market, advancing renewable energy efforts.
Meta's commitment to renewable energy in data centers supports its sustainability goals and market growth, potentially enhancing its competitive edge.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Microsoft is a key player in the sustainable data center market, contributing to the sector's growth and renewable energy initiatives.
Microsoft's involvement in renewable energy and sustainable data centers positions it as a leader in this growing market, likely boosting its reputation and revenue potential.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Oracle is a significant player in the sustainable data center market, focusing on renewable energy.
Oracle's involvement in sustainable data centers supports its growth strategy and aligns with global sustainability efforts, potentially enhancing its market position.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70