Data Center Power Market to Reach USD 24 Billion by 2031, Driven by Rising Demand for Cloud Computing

The data center power market size was valued at $11.2 billion in 2021, and is estimated to reach $24 billion by 2031, growing at a CAGR of 8% from 2022 to 2031. Data center has caused technology and services to grow at an unbelievable rate in the industry. Technologies such as cloud computing demand a …