Green Data Center Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2014 – 2022
Albany, NY -- (SBWIRE) -- 07/10/2015 -- According to a new market report published by Transparency Market Research Green Data Center Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2014 - 2022", the market for green data centers, globally, is forecast to reach US$ 221.49 Bn by 2022. Key factors driving the growth of green data center market include increasing shift of enterprises towards energy efficiency, government regulations and benefits such as reduction in operational cost.
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The global green data center market was valued at US$ 25.87 Bn in 2014 and is forecast to grow at a CAGR of 30.8% from 2015 to 2022. Increasing adoption of green data center solutions in the IT, telecommunication, and BFSI sectors has propelled the growth of green data centers globally. Moreover, introduction of advanced techniques and innovations in cooling mechanism offer potential opportunities in the green data center market. Additionally, the use of renewable energy and establishing data centers in low temperature regions are expected to surge the demand for green data centers and create potential opportunities in this market.Based on the geography, the green data center market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. In terms of regional adoption, North America was the key contributor to the global green data center market in 2014. In North America, green data centers are primarily used in the IT and Telecommunication industries.
The green data center market is moderately consolidated; however, new players are anticipated to enter this market through partnerships and mergers. Key providers of green data center solutions continuously strive to form partnerships with enterprises across different verticals. Some of the key players in the global green data center market include Cisco Systems, Inc., Ericsson, Fujitsu Ltd, International Business Machines Corporation and Hewlett-Packard Company. These prominent players are collaborating with business partners to adopt green and energy efficient technologies in their data centers. Through this strategy, they strive to meet the rising demand for eco-friendly products and increase their global competitiveness. Other significant players in the market include Dell Inc., Eaton Corporation Plc., EMC Corporation, Emerson Network Power, Hitachi, Ltd and Schneider Electric (APC).
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This report analyzes the global green data center market in terms of revenue (US$ Bn). The market has been segmented as follows:
Green Data Center Market, by PUE Standard:
PUE 1 to 1.5
PUE 1.5 to 2
PUE Greater than 2
Green Data Center Market, by Component:
Storage & Servers
Green Data Center Market, by Ownership
Transportation & Logistics
Other (Retail, etc.)
Green Data Center Market, by Geography:
Rest of North America
Rest of Europe
Australasia(Australia, New Zealand and Guinea)
Rest of Asia Pacific
Middle East and Africa (MEA)
Rest of MEA
Rest of Latin America
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