A new report out of Pike Research predicts “green” data centers will continue to thrive, with the worldwide market for green data centers growing from $17.1 billion in 2012 to $45.4 billion by 2016—a compound annual growth rate of nearly 28 percent.

What's fueling the growth? The Pike report attributes it to the combination of rising energy costs, increasing demand for computing power, environmental concerns and economic pressure.

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