Pune, India, Jan. 31, 2022 (GLOBE NEWSWIRE) — The world green data center market The size is expected to grow due to the growing demand for energy efficient data centers over the forecast period. This information is published by Fortune Business Insights™ in an upcoming report, titled “Green Data Center Market, 2022-2029.” When it comes to priority strategic areas for large companies, technological breakthroughs and new product development, rather than current product advancements, are key. Environmentally friendly data storage with lower power consumption is the main growth driver. The government is taking active steps to support energy-efficient and cost-effective data centers. Thus, stringent energy saving regulations are expected to boost market demand.
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Global Green Data Center Market Companies:
- IBM Corporation
- Dell Corporation
- Cisco Systems
- HP development
- Huawei technology
- NEC Corporation
- China Telecom
- Digital Real Estate Trust
- NTT Communications
Impact of COVID-19-
Supply chain disruption hinders growth
The recent COVID-19 pandemic is likely to influence various industries, including green data centers. Manufacturing operations are hampered by the global lockdown and shortage of workers and raw materials. As a result, the IT supply chain has been significantly disrupted. IT infrastructure operations are the risk, and many project delays due to physically moving servers as government restrictions are imposed.
To learn more about the short and long term impact of COVID19 on this market,
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Component-based, services include system integration services, maintenance and support services, and training and consulting services. On the other hand, solutions include power systems, monitoring and management systems, networking systems, cooling systems, etc. Based on vertical, the market is segmented into BFSI, IT & Telecom, Government, Healthcare, and Others. Finally, by geography, the market is divided into North America, Europe, Asia-Pacific, South America, and Middle East & Africa.
What does the report offer?
Company overview, financials, revenue generated, market potential, research and development investment, new market initiatives, regional presence, company strengths and weaknesses, product launch, product breadth and breadth, application dominance are all covered in the details of the Green Data Center report.
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Drivers and Constraints-
Increase in demand for energy efficient centers to drive growth
The growth of the global green data center market is expected to grow owing to the efficient power over the projected period. Data centers are fundamentally designed to achieve energy efficiency that creates minimal environmental impact. Investment in these data centers is based on energy consumption. Efficient, energy-efficient solutions help organizations achieve their goals. Additionally, increasing electricity usage and carbon emissions are contributing to the establishment of green data centers, which is expected to drive the market forward. For example, the growing use of haptic devices and an increasing number of data centers including improvised applications are expected to impact the market.
Increasing Electricity Consumption to Drive Growth in North America
North America is expected to hold the largest global green data center market share during the forecast period. The growing use of electricity in the United States, government initiatives to reduce energy consumption. Development of computer and telecommunications networks and technological developments for data centers in the region.
Asia-Pacific is expected to hold a significant share of the market. The presence of prominent players is leading to increased investment in data centers in Asian countries such as India and China. The growing use of smartphones and the internet is the main contributing factor.
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Increase in the number of mergers to create market growth opportunities
Product launches, major R&D expenditures, partnerships and acquisitions, etc., are the main growth tactics used by these companies to fight the fierce competition in the market. Companies engage in joint ventures, contracts and agreements, mergers and acquisitions, and other collaborative tactics with the primary goal of generating the largest revenues in the market.
- September 2019: Digiplex has launched two new green data centers near Norway in Oslo. It will have a collective size of 8,500 square meters with an air-to-air cooling system and will maintain its modular design policy.
Main table of contents:
- Green Data Center Market Introduction and Market Overview
- Research regions
- Research Scope and Market Size Estimation
- Industry trends
- Future challenges
- Market constraints
- Market segmentation
- Research Methodology
- Market dynamics
- Market Industry Development Trends Under COVID-19 Outbreak
- Global revenue and growth rate
- Industry News & Politics by Regions
- Market Concentration Ratio and Maturity Analysis
- Mergers, acquisitions and partnerships
- Porter’s Five Forces Analysis
- PEST analysis
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