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Stock impact report

Data Center Power Market Forecast Report 2024-2029: Technological Advancements Fuel Data Center Power Market Growth Amid Rising Energy Costs, Market Surges at 9.88% CAGR [Yahoo! Finance]

Equinix, Inc. (EQIX) 
Last equinix, inc. earnings: 2/12 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: equinix.com/company/investors
Company Research Source: Yahoo! Finance
The data center power market is evaluated at US$19.6 billion for the year 2022 growing at a CAGR of 9.88% reaching the market size of US$37.9 billion by the year 2029. The increasing demand for data centres and colocation centres is a growing market for data centre power. The data centre power market is expected to see a rise in the forecast period due to the increasing need for efficiency at a low cost. Traditional infrastructure usually has low efficiency due to the use of outdated energy conversion technologies, which causes overloading, downtime, and system failures more frequently, leading to an increase in operational costs and hindrances in the growth of the business. The need for data centre power is being fueled by the surge in data generation and the growing need for improved data storage infrastructure to effectively store massive volumes of data. However, the data centre power market's growth is being affected due to the requirement of high investments and the inadequ Show less Read more
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