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Global Data Center Fire Detection and Suppression Market to Grow by 6.3% Annually Through 2030 - ResearchAndMarkets.com

By AP News - Dec 05, 2022, 08:20 AM ET
Last Updated - Apr 29, 2024, 09:39 AM EDT
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The global data center fire detection and suppression market is anticipated to grow with a CAGR of 6.3% over the forecast period, i.e., 2021 - 2030. Factors such as the rising awareness to protect the data centers from fire, followed by the need amongst IT industries to reduce an unplanned downtime cost caused due to damaged data centers, are anticipated to drive the market growth

The "Global Data Center Fire Detection and Suppression Market Outlook 2020-2030" report has been added to ResearchAndMarkets.com's offering

DUBLIN--(BUSINESS WIRE)--Dec 5, 2022--

The "Global Data Center Fire Detection and Suppression Market Outlook 2020-2030" report has been added to ResearchAndMarkets.com's offering.

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Global Data Center Fire Detection and Suppression Market Analysis 2020-2030

The global data center fire detection and suppression market is anticipated to grow with a CAGR of 6.3% over the forecast period, i.e., 2021 - 2030. Factors such as the rising awareness to protect the data centers from fire, followed by the need amongst IT industries to reduce an unplanned downtime cost caused due to damaged data centers, are anticipated to drive the market growth. The market is estimated to garner a revenue of close to USD 650 Million by the end of 2030, up from a revenue of near to USD 350 Million in the year 2020.

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