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. The green data center market is gaining traction in
various regions and has caught the eye of various organizations for deploying
green data center solutions. 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. In an
all-inclusive manner, a green data center comprises energy-efficient
components, such as UPS, servers, and cooling systems.
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IT segment to hold the largest market size
during the forecast period
The Information Technology
(IT) includes green data center servers. The previous generation of servers
used in data centers focused on attaining maximum processing power packed
within minimum space. 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. Green servers refer to the
energy-efficient servers that provide higher processing power, consume lesser
energy, and are environment friendly. 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. HPE’s
ProLiant and Blade servers, Cisco’s UCS servers, and Dell’s Energy Smart
servers, and Liebert Cooling Systems are some of the major offerings in this
market. Chip-making giants, such as Intel, AMD, and ARM also contribute to
these green initiatives by offering energy-efficient server chips for the green
data centers. In this study report, green servers refer to one of the most
important green data center solutions.
Design and consulting services segment to
grow at the highest CAGR during the forecast period
Design and consulting services provide
support for setting up and managing green data center infrastructure. These
services provide expertise resources from the data center industry to help
customers understand their green data center infrastructure better. They
include identifying the requirement for electrical and power capacity, type of
power solution, cooling and server solutions, along with related concerns and
addressing customer requirements for better data center efficiency.
Organizations are opting for consulting services for their projects that help
them with mission-critical green data center infrastructure to achieve better
power and IT capacity and efficient data centers.
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North
America to account for the largest market size during the forecast period
The
North America region holds a major portion of the green data center market in
the forecast period. This geographical region is witnessing a significant
increase in the adoption of advanced techniques and designs for data centers.
Similarly, the presence of several key players and increasing startups are the
factors for the growth of green data centers in the region. Also, organizations
in this region are facing various issues with the increasing operational costs,
rising energy consumption, and constraining IT budgets. To overcome these
problems, companies have started adopting new and advanced green technologies
for powering and cooling their data centers. North America is witnessing an
enormous deployment of green data centers and reconstruction or upgradation of
the existing data centers with green technologies. Also, it is observed that
high-density data centers are being accepted much widely in this region. The
top countries contributing to the green data center market in North America
include the US and Canada. The US is expected to hold a higher market share,
owing to the presence of major market players, including Vertiv, HPE, Green
Revolution Cooling, Midas Green Technologies, Cisco, and many more. These
players are focusing on introducing next-generation green data center solutions
to attract customers, which is expected to further fuel the North American
market.
The
Green data center market comprises major solution providers, such as Schneider
Electric (France), Vertiv (US), Hewlett Packard Enterprise (US), Green
Revolution Cooling (US), Midas Green Technologies (US), Delta Electronics
(Taiwan), Rittal (Germany), Eaton (Ireland), Cisco (US), Nortek Air Solutions
(US), Dell Technologies (US), Asetek (Denmark), Airedale (UK), Lenovo (Hong
Kong), Fujitsu (Japan), Cyber Power Systems (US), Super Micro (US), Tripp Lite
(US), Inspur (China), CDP Energy (US), Bxterra Power Technology (US), ZutaCore
(US), Submer (Spain), DCX The Liquid Cooling Company (Poland), and Liqit.io
(Ukrain). These players adopt new product developments as their key growth
strategy.
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