Data Center Power Market Poised for Strong Growth, Expected to Reach USD 38.5 Billion by 2032
The global Data Center Power Market is experiencing rapid expansion, projected to reach USD 38.5 billion by 2032, up from USD 18.7 billion in 2023, growing at a CAGR of 8.4% during the forecast period. This growth is driven by the increasing demand for cloud services, rising data center construction, and the need for energy-efficient power solutions to support high-performance computing.
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