Green Data Center Market Size, Share, Growth Analysis, By Component (Software, Service), By Data Center Size (Small & Medium-sized Data Centers, Large Data Centers), By Vertical (BFSI, IT & Telecom), By Region - Industry Forecast 2025-2032

Green Data Center Market size was valued at USD 84.21 Billion in 2023 and is poised to grow from USD 100.13 Billion in 2024 to USD 399.94 Billion by 2032, growing at a CAGR of 18.9% during the forecast period (2025-2032).

Green data center is a facility used for data storage and data processing with modern technologies excluding methods and techniques which are no longer optimal in terms of energy consumption. As the requirements for additional storage capacities are growing, operators have reported the increase in the installation of power and cooling systems. Sustainable or green data centers offer an environmentally sensitive solution for future data requirements. The green data centers describe a feasible and sustainable model for data center management with less power consumption and operating costs. The growing use of machine learning (ML), artificial intelligence (AI), big data, and Internet of Things (IoT) in the world’s data centers is likely to enhance the power consumption rate, thus, fueling the Market.

Additionally, emerging trends in green data center industry include an increase in demand in high end cloud applications across enterprises, green data center complexities because of scalability and a boost in investment in green data center technologies. At the same time, the shift toward multi-cloud solutions and the transition of networks to the 5G standard provide considerable opportunities for the green data center market.