IoT, AI and Big Data to Drive Data Center Market: Study

Know more→

Mobility Energy and Transportation

Iot, ai and big data to drive data center market: study

03 May 2021

1 min read

A new report on ‘Data Centers – The sunrise of a new era in global infrastructure’ shows that data centers growth in terms of IT power load capacity has witnessed a robust 18% CAGR between 2007 and 2020, reaching about 432MW; in terms of real estate capacity, it has witnessed 13% CAGR growth during the same period, the report said.

The Data Center IT power capacity is expected to reach about 800MW during 2021-2024, progressing at a CAGR of 16% according to the report by Praxis Global Alliance, a global management consulting and advisory firm. The Data Center revenue is progressing at a CAGR of 8% to reach US$ 4 billion during the forecast period.

The full article was originally published on CXO Today

Disclaimer: The text, images and content here have been reproduced from the original publisher. Praxian Global Private Limited does not claim any ownership or right to use of this content and the rights belong to the publisher. We have contributed our perspectives, which are often proprietary, to the content publisher. We or the publisher have no obligation to update or refresh the content or our perspectives shared herein.

Ready to talk?

I want to talk to your experts in:

We work with ambitious leaders and transformative clients who are defining the future. Together, we achieve extraordinary outcomes.

IoT, AI and Big Data to Drive Data Center Market: Study | PraxisGA