Data Center Power Market reached USD 18.2 billion in 2021 and estimated to reach USD 29.3 billion in 2029, growing at a CAGR of 6.1% | Size & Forecast Report - panhandle

Primary factors driving data center power market are establishment of new data centers, growing demand for data storage solutions by companies, rising focus on reducing data consumption and increasing digitalization. Increasing adoption of high-end cloud computing solutions by organizations has boosted the demand for the development of new data centers worldwide.

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