Global Green Data Center Market Size By Component (Cooling, Networking), By Application (IT And Telecom, Healthcare, BSFI), By Geographic Scope And Forecast

Green Data Center Market Size And Forecast

Green Data Center Market size was valued at USD 46.7 Billion in 2020 and is projected to reach USD 145 Billion by 2028, growing at a CAGR of 16.6% from 2021 to 2028.

Businesses everywhere are scrambling to find better ways to store their data, and that's really fueling the push for green data centers. Our need for cloud storage is exploding, meaning more and more data centers are popping up, and they're guzzling energy like crazy. So, naturally, we're seeing a surge in cool new tech aimed at slashing power use, which is expected to keep the market growing. Want the inside scoop? The Global Green Data Center Market report gives you the full picture. It's packed with a deep dive into the key areas, trends, what's driving things, what's holding things back, who the major players are, and everything else that's shaping the market.

Global Green Data Center Market Definition

Imagine a green data center – it's basically a tech hub that's kind to the planet! It houses all the computers and servers needed to store, manage, and share data. But here's the cool partit runs mainly on renewable energy like solar, wind, or hydropower. Plus, every component is designed to be super energy-efficient and leave a minimal carbon footprint. Think things like energy-conserving power supplies, centralized humidification systems, efficient servers and routers, and smart heating, ventilation, and air conditioning (HVAC) systems. And of course, you'll find light-emitting diode (LED) systems for lighting. Compared to old-school data centers, these green systems are way better. They help separate workloads, offer centralized control, and make data migration a breeze. They're also more resilient and give users a next-generation storage experience.

The market is driven by the growing requirement for energy-efficient computing systems, which is further facilitated by increasing digitization across industries. Moreover, rising environmental consciousness and the widespread adoption of data centers to store and manage the constantly increasing amounts of data is driving the market growth. Green data centers are usually designed with on-site wind and solar farms, which are constructed on the terrace of the building or facility. They use the wastewater by recycling it for cooling purposes.

As cloud computing gets greener – using less energy and more renewable power – industries like manufacturing, transportation, and even building management might start using green data centers to cut down on their emissions. Imagine a car company, for example, outsourcing all its computing to data centers that run on zero emissions! The rising demand for data storage, the increasing cost of energy, and the sheer amount of electricity we're using are all pushing the market forward. But, growth could be bumpy. Some manufacturers and vendors just aren't aware of the advantages of green data centers, and the high upfront costs plus dealing with their existing data center setups can be a real hurdle. It's a complex issue.

Right now, there's a big push in the industry for data centers that are kinder to the planet and use less energy. Think of it this wayenergy-efficient or "green" data centers can really help bring down the operation cost. All that power it takes to run the facility and keep everything humming? You can cut back on that with greener designs. What's really driving the growth of the Green Data Center Market is that people are getting worried about how much energy all these data centers are guzzling. Governments around the world are stepping up and trying to get a handle on energy consumption. Plus, with cloud computing becoming super energy-efficient – and relying more on things like solar and wind power – industries like transportation, manufacturing, and construction are jumping on the green data center bandwagon to chop down their emissions.

Global Green Data Center Market Overview

Think of ECO mode as your UPS's "Active Standby" or "Economy" setting – it's all about saving energy! It's super efficient, reaching up to 99%. Basically, ECO mode lets the regular power line (your raw mains supply) handle the load, while the inverter stays on standby, ready to jump in if the power gets wonky. The big plus? The bypass line works more efficiently, usually around 98%, compared to a typical online UPS at 95-96%. That 5-6% difference can really add up in savings. You'll mainly find two kinds of ECO modes out therethe traditional UPS Eco Mode and the more advanced Eco Mode. Choose wisely!

Think of it this waythe advanced ECO mode is always on, giving those eco-friendly data centers a quick boost of clean energy. Thanks to these UPS improvements from leading vendors, we're seeing more and more green data centers pop up across industries. You know, companies are seriously considering big investments in green data centers, even if they already have traditional ones. Sure, the initial investment might seem high, which is a restraint in the Green Data Center Market, but because the Total Cost of Ownership is so much lower, the long-term savings eventually pay back that original cost. And hey, if electricity prices keep going up, that initial ROI will come even faster than we thought!

Looking ahead, AI and ML are poised to be game-changers for how we power and cool data centers around the globe. Think about itcompanies like Google are already partnering with the AI whizzes at DeepMind to create AI that can intelligently cut down on cooling power. The cool part? It can do this without us having to uproot and move these massive data centers! Basically, this AI tackles energy management from a smart angle. It uses deep learning to analyze tons of past data from different parts of the data center's operations, then uses predictive models to figure out how tweaks will impact energy consumption.

So, Google and DeepMind came up with this cool algorithm called AlphaGo. It basically learns by trying things out, like a kid experimenting, to find the sweet spot for cooling stuff down – think fans and vents – so we don't burn as much energy. Then, IBM Watson jumps in, using all its smarts to look at tons of data and predict when processors and systems are about to overheat and crash. They’re using old records and fancy math to keep things cool and cut down on energy waste. Getting the temperature just right can boost power efficiency by almost 30%! The real problem is, a lot of places just don’t have the know-how or the tools to make their data centers run cooler and save energy. That's why cooling isn’t working as well as it could.

Global Green Data Center MarketSegmentation Analysis

The Global Green Data Center Market is Segmented on the basis of Component, Application, And Geography.

Green Data Center Market, By Component

• Cooling• Networking• Power And Management Software• Others

Based on Component, The market is segmented into Cooling, Networking, Power And Management Software, and Others. Networking applications accounted for over 35% of the green data center industry in 2019. The expanding data center network has prompted the need for better connectivity options, requiring a higher amount of energy.

Green Data Center Market, By Application

• IT And Telecom• Healthcare• BSFI• Others

Based on Application, The market is segmented into IT And Telecom, Healthcare, BSFI, and Others. BFSI segment is among the critical industries that provide a broad range of products and services. All BFSI institutes and companies necessarily require intensively safe data transactions and storage. This segment is highly regulated and has massive demands among customers. The efficient data centers have high demand, as a massive amount of safe data is needed to be stored and accessed.

Green Data Center Market, By Geography

• North America• Europe• Asia Pacific• Rest of the world

On the basis of Geography, The market is classified into North America, Europe, Asia Pacific, and the Rest of the world. The Asia Pacific is expected to grow the highest due to the rising internet and smartphone penetration.

Key Players

The “Global Green Data Center Market” study report will provide a valuable insight with an emphasis on the global market including some of the major players such as Schneider Electric SE, Hewlett Packard Enterprise Company, Green Revolution Cooling, Inc., Eaton Corporation PLC, Dell Technologies, Inc., Vertiv Holdings Co., Delta Electronics, Inc., Cisco Systems, Inc., Midas Green Technologies LLC, and Rittal GmbH & Co. KG.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Key Developments

• March 2021Hewlett Packard Enterprise collaborated with Beyond. pl, a leading data center and cloud service provider in Central Europe. In this collaboration, Beyond. pl introduces a new portfolio of cloud services for customers powered by HPE GreenLake and would utilize HPE GreenLake to transform part of its prevailing IT estate.

• November 2020Dell Technologies came into partnership with FedEx Corp and Switch Inc. Together, the companies develop a series of data centers all over the U.S. for supporting low-latency edge workloads. Under this partnership, FedEx provides real estate and emerges as the first customer; whereas Switch develops the data center infrastructure and Dell Technologies delivers storage, cloud computing, networking, and support services.

• June 2020Delta Electronics introduced SmartNode, the latest range of modularized data centers to assist companies to move to the Edge. The solution provides various micro data centers for the EMEA markets. Network operators require reliable, affordable, and quick-to-deploy infrastructure like the SmartNode modularized data centers to increase their effectiveness and profitability.

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We dive deep into the market using both qualitative and quantitative analysis, looking at how it's segmented by economic stuff and other important things. We give you the market value (in USD Billion!) for every segment and sub-segment. Plus, we'll point out which region and segment we think are going to be the fastest-growing and most important. Expect a breakdown by geography, showing how the product/service is used and what's impacting the market in each area. We cover the competitive scene too, with market rankings of the big players, new launches, partnerships, expansions, and acquisitions from the last five years. You'll get detailed company profiles including overviews, insights, product comparisons, and SWOT analysis for the major players. We'll also give you the current and future market outlook, considering recent developments, growth opportunities, and the challenges ahead in both emerging and developed regions. Get ready for an in-depth look at the market from every angle with Porter's five forces analysis. We'll even walk you through the Value Chain to give you even more perspective. Finally, we'll lay out the market dynamics scenario, along with potential growth opportunities in the years ahead. Oh, and don't forget – you get 6 months of analyst support after the sale!

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