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Green Data Center Market Size By Component (Solution [Cooling, Networking, Power, Management Software], Service [Installation & Integration, Consulting, Managed]), By Application (Colocation, BFSI, Energy, Government, Healthcare, Manufacturing, IT & Telecom), COVID-19 Impact Analysis, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2019 – 2026

  • Report ID: GMI2420
  • Published Date: Nov 2019
  • Report Format: PDF

Industry Trends

Green Data Center Market size surpassed over USD 6.5 billion in 2018 and is poised to grow at 23.5% CAGR from 2019 to 2026.
 

Green Data Center Market

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The rapid shift toward renewable energy sources is accelerating the industry growth. Construction and modernization of data center facilities are driving the green data center market owing to rise in the data being generated, placing a high demand on energy sources to power data centers and cool them. This requirement is expected to grow with the expansion of global enterprises, such as Facebook and Amazon, in several regions.
 

These enterprises are generating massive data each day to analyze prospective customers and gather data, which is used to study the purchase/usage patterns of customers regarding a product or service. As the worldwide server power demand has crossed 30 gigawatts, it is anticipated to make data operations difficult to operate in an economically feasible way for long durations due to which the market is witnessing a rise in the usage of non-renewable sources of energy.
 

Moreover, the increasing electricity costs across the globe are providing ample opportunities for the green data center market. Data centers require non-renewable energy sources to be converted in the form of electrical energy for their operations. These non-renewable sources include the usage of coal, fossil fuels, and others to power electricity generators. The depletion of non-renewable energy sources resulted in a constant rise in the price of these resources, contributing to the rise in electricity costs.
 

Furthermore, with the expanding data, data processing needs are projected to rise significantly, requiring higher electricity requirements for data centers. These factors are prompting companies to implement green data centers, with companies utilizing green energy sources despite high initial costs associated with them.
 

The green data centers require a range of services for data processing operations. These include cloud services, cable services, internet services, host services for servers, and security services for data protection. Most green data centers are equipped with their own cloud services and rely on other corporations for internet and related services. Host services are procured from secure host networks, having reputed certifications for proper data transmission. Sustainable facilities require strict security protection in the physical form as well as protection for software. This has led to increasing demand for green solutions and is positively impacting the green data center market statistics.
 

Growing demand for renewable energy sources for data storage and to reduce carbon footprint

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The global market is segmented into cooling, networking, power and management software. Networking applications captured nearly 35% of the green data center industry in 2018. The expanding data center network has prompted the need for better connectivity options, requiring a higher amount of energy. Non-renewable sources of energy cannot satisfy these demands credited to the high amount of carbon footprint and adverse environmental impacts of energy sources.
 

Additionally, connectivity is extremely important in data centers because of the high number of systems operating simultaneously and being interconnected with each other. A lapse in data center connectivity can result in the disruption of data center performance. This has led to increasing demand  for networking applications in green data center market landscape and will provide several growth opportunities.
 

Rising digitization trend in the government sector in Asia Pacific region

The market for green data center  has been classified into IT & telecom, colocation, energy, BFSI, healthcare, government, and manufacturing. In the government sector, the implementation of these centers has helped increase operational efficiency, reduced costs, and delivered enhanced services. The trend of digitalization has led to a rise in the amount of data generated in China, India and Japan. Government organizations in these markets are transforming traditional paper documents into digital data. They are constantly facing pressure for enhanced services and to meet the increasing demands of citizens. A reliable data center infrastructure is crucial as system of government go digital.
 

Increasing focus of players to establish green data centers in Latin American industry

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The Latin America green data center market value will witness gains of around 22% through 2026. The spanning the Selvas rainforest is being explored for the establishment of green data centers attributed to availability of abundant resources. In addition, average temperatures in the area are relatively lower than in urban counties, prompting lower costs to cool data centers. The growing regional adoption of internet and social media is resulting in steep data generation. Several companies are planning to build and invest in infrastructure facilities in the region. Social media giants, such as Facebook and WhatsApp, are setting up green data center solutions for simpler and faster data processing.
 

Product launches and partnerships are the key market trends

Major participants are Vertiv Co., Verne Global, The 3M Company, Telefonaktiebolaget LM Ericsson, Siemens AG, Schneider Electric SE, PCCW Solutions Limited, Modius Inc., Microsoft Corporation, IBM Corporation, Huawei Technologies Co. Ltd., Hitachi, Ltd., Hewlett-Packard Enterprise, HCL Technologies Limited, Google Inc., General Electric, Fujitsu Ltd., EcoDataCenter, Eaton Corporation, Dell Inc., and Airedale Air Conditioning. The market analysis for green data center portray that the leaders are implementing innovative technologies are expanding into untapped regions. Players are focusing on collaborations and partnerships to strengthen industry shares, making it harder for new entrants to gain a strong foothold.
 

This market research report on green data center includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD from 2015 to 2026 for the following segments:

Market, by Component

  • Solutions 
    • Cooling
    • Networking
    • Power
    • Management software
  • Services 
    • Installation & integration
    • Consulting
    • Managed

Market, by Application

  • Colocation
  • BFSI
  • Energy
  • Government
  • Healthcare
  • Manufacturing
  • IT & telecom
  • Others

The above information is provided on a regional and country basis for the following:

  • North America 
    • U.S.
    • Canada
  • Europe 
    • UK
    • Germany
    • France
    • Spain
    • Benelux
  • Asia Pacific 
    • China
    • India
    • Japan
    • Singapore
    • Australia
    • Indonesia
  • Latin America 
    • Brazil
    • Mexico
    • Argentina
  • Middle East & Africa (MEA) 
    • GCC
    • South Africa

 

Authors: Ankita Bhutani, Saloni Gankar

Frequently Asked Questions (FAQ) :

The market size of green data center estimated at over USD 6.5 billion in 2018.

The industry share of green data center is poised to grow at 23.5% CAGR from 2019 to 2026.

Green data center has the same features and characteristics as a typical data center, however, consume less energy and space. The reduction in power usage and energy consumption for complex operations in green alternatives provides economic and environmental benefits to the organizations. Green data centers help in ensuring reduced costs and lower the organizational carbon footprint owing to execution of energy-star rated power supply systems, centralized humidification systems, high-efficiency HVAC, servers, routers, and LED lighting.

The rapid shift toward renewable energy sources is accelerating the industry growth. Construction and modernization of data center facilities are driving the market owing to rise in the data being generated, placing a high demand on energy sources to power data centers and cool them.

Networking solutions accounted for over 35% revenue share in 2018. The expanding data center network has prompted the need for better connectivity options, requiring a higher amount of energy.

The Latin America green data center market size will witness growth of around 22% CAGR from 2019 to 2026. The region spanning the Selvas rainforest is being explored for the establishment of green data centers owing to abundant resources available in the region.

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Premium Report Details

  • Base Year: 2018
  • Companies covered: 20
  • Tables & Figures: 254
  • Countries covered: 18
  • Pages: 250

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