Green Data Center Market size was valued at USD 69.61 Bn in 2022 and is expected to reach USD 233.87 Bn by 2029, at a CAGR of 18.90%.
Green Data Center Market Overview:
This study categorises the Green Data Center Market in order to anticipate revenues and analyse trends in each of the sub-markets listed below.
The Competition Strategic Window investigates the competition landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their strengths and future growth possibilities.
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Green Data Center Market Scope:
The Green Data Center Industry research provides readers with a more in-depth insight of the market and competitive landscape, helping them to make better decisions on market growth and expansion. The study includes a participant summary, revenue figures, capital investment, and worldwide Green Data Center market growth rates.
Green Data Center Market Segmentation:
by Components
Air Conditioning
Power Backup
Storage & Servers
Network
Security Appliances
by PUE Standard
PUE 1 to 1.5
PUE 1.5 to 2
PUE Greater than 2
by Data Center Size
Compact and Medium Data Center
Large Data Center
by Solutions
Cooling Technology
Energy-Efficient Cabinets
Distributed Computing
Hyper scale Computing
Colocation Center
by Application
External
Co-location
Dedicated Hosting
Internal
Healthcare
IT
Telecommunication
BFSI
Government
Energy &Utility
Transportation & Logistics
Retail
Other
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Green Data Center Market Key Players: The key players are
1. Cisco Systems Inc.
2. Ericsson Inc.
3. Fujitsu Ltd.
4. International Business Machines (IBM) Corporation
5. Hewlett Packard Enterprise Company
6. Dell Inc.
7. Equinix, Inc.
8. Tech Mahindra Ltd.
9. Eaton Corporation Plc
10. EcomNets Inc.
11. Schneider Electric
12. Vertiv
13. Green Revolution Cooling
14. Midas Green Technologies
15. Delta Electronics
16. Rittal
17. Nortek Air Solutions
18. Asetek
19. Airedale
20. Lenovo
21. Cyber Power Systems
22. Super Micro
23. Tripp Lite
24. Inspur
25. CDP Energy
26. Bxterra Power Technology
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Regional Analysis:
The Green Data Center market prediction research is created after a thorough examination of many geographical areas, including Asia-Pacific, Europe, North America, and the rest of the globe. North America has the greatest power over the Green Data Center market share and will continue to be a major shareholder in the global Green Data Center market.
COVID-19 Impact Analysis on Green Data Center Market: The COVID-19 impact on the Green Data Center market is also included in the report
Key Questions Answered in the Green Data Center Market Report are:
- What will be the CAGR of the Green Data Center market during the forecast period?
- Which segment emerged as the leading segment in the Green Data Center market?
- Which are the prominent players in the Green Data Center market?
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The report "Green Data Center Market by Component (Solutions [Power, IT, Cooling] and Services [Design and Consulting, Maintenance and Support, Installation and Deployment]), Data Center Size (Small and Mid-sized, Large), Vertical, and Region - Global Forecast to 2026" The green data center market size is expected to grow from USD 49.2 billion in 2020 to USD 140.3 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 19.1% during the forecast period.
In the present scenario, organizations have started taking green initiatives for their regular IT operations to save their money, making green data center as most popular initiatives.
But, in the present scenario, with the rising cost of electricity and environmental conscience, companies have started focusing more on the power and cooling requirement of servers.
These green servers can help companies in reducing their data center electricity consumption and associated cost.
HPE, Dell, and Cisco are some of the major players in the green server space.
North America is witnessing an enormous deployment of green data centers and reconstruction or upgradation of the existing data centers with green technologies.
