The green data center market is expected to grow from USD 37.9 billion in 2019 to USD 197.72 billion by 2026, with a CAGR of +39% during the forecast period.
A green data center is used for storing and managing data in which the mechanical, lighting, electrical, and computer systems are designed to provide maximum energy efficiency and minimum environmental impact. IT enterprises use green data centers to reduce environmental impact by gauging, scheduling, and implementing initiatives around the data center environment. A Green Data Center Market provides similar features and capabilities as that of a typical data center yet consumes lesser energy and space; this makes the green data center, more environment-friendly.
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Top Key Players Covered:
Oracle, Cisco Systems, Dell, Hewlett-Packard, IBM, APC Corp, EMC Corp, Fujitsu Corp., and Huawei Technologies, Ericsson, and International Business Machines Corporation (IBM)
The report segments the global green data center market on the basis of solutions, end users, industry verticals, and geography. Based on solutions, the market is classified into cooling, network technologies, servers and power backups, and others. End users are classified into cloud server providers, colocation providers, and enterprises. Green Data Center Market verticals are sub-segmented into healthcare and life sciences, banking, financial services and insurance (BFSI), IT & telecom, public sector, and others. Geographic breakdown and deep analysis of each of the aforesaid segments is included for North America, Europe, Asia-Pacific, and LAMEA.
The key green data center market drivers include increasing consumption of electricity, stringent environmental regulations, increasing demand for data storage management, and rising energy costs. However, lack of awareness about the benefits of a green data center, high initial cost, and incompatibility with the present data center is expected to hinder the green data center market growth.
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Green Data Center Market Key Segments:
Global Green Data Center Market – By Solution
- Network Technologies
- Servers and Power Backups
Global Green Data Center Market – By End User
- Cloud Service Providers
- Colocation Providers
Global Green Data Center Market – By Industry Verticals
- Healthcare & life sciences
- Banking, financial services, and insurance (BFSI)
- IT & telecom
- Public sector
There are various benefits of Green Data Center Market are the ability to accurately view baseline energy cost, relax budgetary pressures to allow growth, more computing performance per kilowatt, shift energy to cool/energy to operate ratio, extend the life of existing facilities, meaningful energy conservation, reduce footprint, and improve brand value of the company. Government initiatives to curb the environmental impact of data centers and increasing interest of organizations towards green earth campaign are few factors driving the market of the green data center market.
Look into Table of Content of Green Data Center Market Report at https://www.reportconsultant.com/enquiry_before_buying.php?id=44916
Table of Content:
Global Green Data Center Market Research Report
- Market Overview
- Competition Analysis by Players
- Company (Top Players) Profiles
- Green Data Center Market Size by Type and Application
- US Market Status and Outlook
- EU Development Market Status and Outlook
- Japan Market Development Status and Outlook
- China Market Status and Outlook
- India Green Data Center Market Status and Outlook
- Southeast Asia Market Status and Outlook
- Market Forecast by Region, Type and Application
- Market Dynamics
- Green Data Center Market Effect Factor Analysis
- Research Finding/ Conclusion