Globally, green data center market is expected to grow from USD 37.9 billion in 2017 to USD 197.72 billion by 2025, with a CAGR of 32.9% 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 data center environment. A green data center 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. The key market drivers include, increasing demand for data storage management, rising energy cost, and increasing consumption of electricity.
Prime players include Huawei Technologies Co. Ltd., Schneider Electric, NEC Corporation of America, HP Development Company, ABB Group, Hitachi, Dell Corporation, IBM Corporation, Cisco Systems, and Fujitsu. Other players in the market include CenturyLink, China Telecom, Equinix, Inc., NTT Communications, and Digital Realty Trust.
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The global market for green data center is segmented on the basis of component, organization size, end-user, vertical, and region
By components, the green data center market is segmented as hardware (servers, cooling equipment, power units, networking components) & software.
By organization size, the green data center market is segmented as SMEs & large business enterprises.
By end-user, the green data market is segmented as cloud service providers and colocation providers.
Region-wise, the Green Data Center Market is segmented into Europe, North America, Asia Pacific (APAC), and Rest-of-the-World (RoW).
Asia-Pacific has the fastest growing market for the green data centers. Economic growth in Asian countries such as China and India are inviting global players in this region which leads to increased investments and accelerated deployment of data centers. Increasing ownership of mobile phones and internet penetration in the region along with high utilization of IoT devices is also leading to market growth.
The brisk shift toward renewable energy sources is accelerating the green data center market expansion. The construction and modernization of data center facilities are motivating the market owing to mount in the data being generated, placing a high demand on energy sources to power data centers, and cool them. Such a demand is liable to expand with the expansion of global enterprises, such as Facebook and Amazon, in many regions, across the world. These enterprises are producing massive data each day to study prospective customers and gather data, which is used to study the purchase or usage patterns of customers. All these factors work in favor of the growth of the global green data center market.
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LIST OF TABLES
Table1 Global Green Data Center Market, By Country, 2020-2025
Table2 North America: Green Data Center Market, By Country, 2020–2025
Table3 Europe: Green Data Center Market, By Country, 2020–2025
Table4 Asia-Pacific: Green Data Center Market, By Country, 2020–2025
Table5 Latin America: Green Data Center Market, By Country, 2020–2025
LIST OF FIGURES
Figure 1 Global Green Data Center Market Segmentation
Figure 2 Forecast Methodology
Figure 3 Porter’s Five Forces Analysis Of Global Green Data Center Market
Figure 4 Value Chain Of Global Green Data Center Market
Figure 5 Share Of Green Data Center Market In 2020, By Country (In %)
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