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Green Data Centre Market Status (2016-2020) and Forecast Market Analysis, Regional Outlook, Segment Growth Potential, and Competitive Market Share Analysis, 2021-2027

Format: PDF | Pages: 330 | Report ID: MRS1075


Report Description

The global Green Data Centre market size is estimated at USD 47.6 billion in 2020, expanding at a CAGR 18.9% from 2021-2027 to reach 116.5 billion USD in 2027.

Market Dynamics

A green data center network infrastructure is an environmentally friendly facility that houses computers and servers for data storage, management, and distribution. It is powered primarily by clean energy, and the elements are designed for maximum energy efficiency and a low carbon footprint.IT companies use green data centers to reduce environmental impact by determining, scheduling, and implementing initiatives in the data center environment. A green data center has the same features and capabilities as a traditional data center but uses less energy and space; as a result, green data centers are considered more environmentally friendly. High demand for data storage management, rising energy costs, and massive electricity consumption are some of the market growth drivers.

High demand for data storage management, rising energy costs, and massive electricity consumption are some of the market growth drivers. Conversely, some of the barriers to market growth include a lack of awareness about the benefits of a green data center, a high initial investment, and inflexibility with the current data center. The industry is currently witnessing a consistent demand for energy-efficient or green data centers. The operation cost of a data center, as well as the consumption of energy in powering the facility and infrastructure, can be reduced with the help of energy-efficient data centers.

Latin America is expected to grow at a substantial rate from 2021 to 2027. The increasing use of the internet and social media in the Latin American market is resulting in a surge in data generation. Several companies intend to construct and invest in infrastructure facilities in the region. Social media behemoths like Facebook and Google are establishing green data centers in the region to facilitate and accelerate data processing. Furthermore, green data center establishment costs in the region are lower than in developed markets such as the United States and the United Kingdom. The European Commission is looking into ways to boost energy efficiency and circular economy performance in cloud computing and data centers. The Commission is currently conducting research to address the lack of widely accepted definitions and methods for assessing data centers' energy efficiency, climate neutrality, and overall sustainability: 'Greening cloud computing, electronic communications services, and networks: achieving climate neutrality by 2050'

The Green Data Centre market is fragmented into the Component, Size, and end-user segments. Based on the size, During the forecast period, the large data centers segment will have the highest market size. The increased adoption of large data centers by large enterprises is expected to drive the global green data center market in the coming years. By application, During the forecast period, the media and entertainment vertical will grow at the fastest CAGR.

The Green Data Centre market is highly competitive in nature with the presence of local & international players. Major players in the industry engage in strategic merger & acquisition, partnership, and new product launches to remain competent in the market. For example, in May 2021, Moro Hub, a subsidiary of the Dubai Electricity and Water Authority's (DEWA) digital arm, signed an agreement with Chinese tech giant Huawei over the weekend to construct a new hyper-scale data center in the city. Taking advantage of the abundance of solar power available in the United Arab Emirates (UAE), the new facility will be powered entirely by renewable energy generated by photovoltaic infrastructure located in the UAE.

The report begins with an overview of the Industry Chain structure, and describes the industry environment, then analyses market size and forecast of Green Data Centres by components, region, and application. In addition, this report introduces the market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report.

Company Coverage (Company Profile, Sales Revenue, Price, Gross Margin, Main Products, etc.):

  • Hitachi Ltd
  • Eaton Corporation
  • Ericsson Inc.
  • Vertiv Co.
  • Siemens AG
  • IBM
  • Huawei Technologies Co. Ltd.
  • Schneider Electric SE
  • HP Inc.
  • Dell EMC Inc.
  • Microsoft Corporation
  • Cisco Technology Inc.
  • HCL Technologies Limited
  • Fujitsu Limited

Component Coverage (Market Size & Forecast, Main Consumer Analysis, etc.):

  • Solutions
    • Cooling
    • Power
    • IT
  • Services
    • Design and Consulting
    • Installation and Deployment
    • Maintenance and Support

Size Coverage (Market Size & Forecast, Main Consumer Analysis, etc.):

  • Small and Medium-sized data centers
  • Large data centers

End-User Coverage (Market Size & Forecast, Main Consumer Analysis, etc.):

  • Telecom
  • BFSI
  • IT and Telecom
  • Media and Entertainment
  • Healthcare
  • Government and Defence
  • Retail
  • Manufacturing
  • Others

Region Coverage (Regional Consumption, Demand & Forecast by Countries, etc.):

  • North America (U.S., and Canada)
  • Europe (Germany, U.K., France, Italy, Spain, etc.)
  • Asia-Pacific (China, India, Japan, Indonesia, Malaysia, Australia, South Korea, etc.)
  • South America (Brazil, Mexico, Argentina, etc.)
  • Middle East & Africa (Saudi Arabia, Kuwait, UAE, South Africa, etc.)

 

Frequently Asked Questions

The global Green Data Centre market size is estimated at USD 47.6 billion in 2020, expanding at a CAGR 18.9% from 2021-2027 to reach 116.5 billion USD in 2027.
North America captured the highest revenue in 2021 and is projected to continue its dominance during the study period.
The global Green Data Centre market size is expanding at a CAGR 18.9% from 2021-2027 to reach 116.5 billion USD in 2027.
Asia Pacific (especially China, and India) region is projected to grow at the fastest growth rate during the study period.
The Green Data Centre market is highly competitive in nature with the presence of local & international players. Major players in the industry engage in strategic merger & acquisition, partnership, and new product launches to remain competent in the market. For example, in May 2021, Moro Hub, a subsidiary of the Dubai Electricity and Water Authority's (DEWA) digital arm, signed an agreement with Chinese tech giant Huawei over the weekend to construct a new hyper-scale data center in the city.

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