A recent report published by Infinium Global Research on green data center market provides an in-depth analysis of segments and sub-segments in the global as well as regional green data center market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional green data center market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global green data center market. According to the report, the global green data center market is projected to grow at a CAGR of 23% over the forecast period of 2018-2024.
Green data center is a type of server used to store, manage, and distribute data with maximum energy efficiency and less environmental effect. Green data center includes several advanced technologies for energy consumption in data centers.
Green data center use technologies to decrease power consumption include low power servers, modular data centers, hot and cold aisle containment, reuse of waste heat, and ultrasonic humidification. Benefits offered by green data center are the reduction in power and cooling, increase server or storage utilization, and improvement in data center space. Virtualization is a wide term used in computing that handles the task of multiple computers by distributing the resources of a single computer that helps to reduce heat.
Increasing demand for maximum energy efficiency drives the growth of the green data center market. Furthermore, rising adoption of green data center owing to large data storage with less power consumption and minimal environmental effect propel the market in the forecast period. Moreover, benefits offered by virtualization in the data center include easier data migration, central control for improving operations, reduced heat, low cost, and maximum utilization rates contribute to the growth of green data center market. However, a high initial investment hinders the growth of the green data center market. Nevertheless, the introduction of advanced techniques and innovations in cooling mechanism provide beneficial opportunities for the green data center market. Furthermore, green data centers at lower cost are expected to provide new opportunities for the green data center market in the coming years.
North America dominates the green data center market owing to rising demand for the green data center from IT and telecommunication industries. In the U.S., the huge presence of service providers and the growing adoption of green technologies fuels the growth of the green data center market in the region. The Asia Pacific expected to boost the demand for green data center market owing to rising technological advancement and availability of renewable energy sources in the region.
The report on global green data center market covers segments such as deployment, applications, and end-user. On the basis of deployment, the sub-markets include colocation, cloud, and enterprises. On the basis of applications, the sub-markets include solutions and services. On the basis of end-user, the sub-markets include BFSI, manufacturing, government, energy, telecom and IT, and others.
The report provides profiles of the companies in the market such as Fujitsu Ltd, Emerson Network Powers, Eaton Corporation, IBM Corporation, EMC Corporation, Dell Inc., Schneider Electric SE, HP Inc., Hitachi Ltd., and Cisco Technology, Inc.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of the green data center market. Moreover, the study highlights current market trends and provides forecast from 2018-2024. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
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