As the global pandemic gradually winds down, carbon emissions are again on the increase and sustainability is moving back to the forefront as a global concern. While data centers have played a pivotal role providing the digital infrastructure for the emerging global economy, digital transformation continues to increase the power required for today’s modern data center.
A Valuates Report projects the global data center market for power increasing from $15 billion in 2020 to $21.5 billion by 2026. For their part, data centers are becoming more responsible corporate citizens by increasing use of renewable energy. There is evidence: The market for green data centers is projected to grow from $49 billion in 2020 to $140 billion by 2026. The most astute data center providers now recognize how the altruistic nature of corporate sustainability can create value for investors and benefit society at the same time. As a result, innovation and creative sustainability programs are emerging in the US and abroad.