Market Insights:
The global Green Data Center Market was valued at USD 49.5 Bn in 2021 and is anticipated to grow at a CAGR of 19.5% and is expected to reach USD 245.9 Bn by 2030.
Driver:
The increased adoption of Green Data Center in the Next Generation industry is due to high workability, Stability of structure, good quality, and Demand for making things better. The demand for Green Data Center also has other significant aspects, such as analysis, purchasing volume, costs, pricing analysis, and regulatory framework. Additionally, the increased demand of Green Data Center in many sectors also boosts the market growth during the forecast period.
Green Data Centers are data repositories for systems that are designed to maximise energy efficiency while reducing environmental effect. The green data centre is intended to manage, store, and distribute large amounts of data. Key drivers driving the Green Data Center market growth include an increase in business use of high-end cloud computing, an increase in green data centre complications owing to scalability, and an increase in green data centre technological investment.
Green Data Center Market Research Report” was just released by Market Research Community. It is divided into several categories, including By Component (Solution, Service.), By Enterprise Size (Large Enterprises, Small-Medium-sized Enterprises) By industry Vertical (BFSI, IT and Telecom, Media and Entertainment, Healthcare, Government and Defense, Retail, Manufacturing), and companies (Huawei Technologies Co. Ltd, IBM Corporation, Midas Green Technologies, NEC Corporation, Nortek Air Solutions, NTT Communications, Schneider Electric, Super Micro, ZutaCore, ABB Ltd., Cisco, Cyber Power Systems, Dell Technologies, Delta Electronics, Digital Realty Trust, Eaton Corporation, Hewlett Packard Enterprise.), According to the analysis of Market Research Community, The market is projected to grow at a significant pace reaching a CAGR of approximately 19.5%, over the forecast period of 2022–2030.
Report Coverage:
Report Attributes | Report Details |
Study Timeline | 2018-2030 |
Market Size in 2030 (USD Billion) | 245.9 Billion |
CAGR (2022-2030) | 19.5% |
By Component | Solution, Service. |
By Enterprise Size | Large Enterprises, Small-Medium-sized Enterprises. |
By Industry Vertical | BFSI, IT and Telecom, Media and Entertainment, Healthcare, Government and Defense, Retail, Manufacturing. |
By Geography | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
Key Players | Huawei Technologies Co. Ltd, IBM Corporation, Midas Green Technologies, NEC Corporation, Nortek Air Solutions, NTT Communications, Schneider Electric, Super Micro, ZutaCore, ABB Ltd., Cisco, Cyber Power Systems, Dell Technologies, Delta Electronics, Digital Realty Trust, Eaton Corporation, Hewlett Packard Enterprise. |
Covid-19 Impact:
The COVID-19 pandemic has had a substantial negative influence on the Green Data Center market in many different regions of the world. The factors such as limited availability of raw materials, transportation restrictions, the shutdown of manufacturing facilities, and economic slowdown are the major impacts of COVID-19 which hampered the market growth. Shipments were impacted during the initial lockdown due to halted automotive productions and stringent government rules. The overall impact of COVID-19 on the industry is estimated to be minimal because the situation has stabilised. Post covid-19, there was a positive impact on the market growth due to the increased industrial manufacturing processes and rising demand for environment-friendly alternatives.
Industry Competitive Landscape:
The research includes comprehensive profiles of the key players in the market and an analysis of the competitive landscape. The market for sample preparation has grown more quickly as a result of the spike in research and development (R&D), product innovation, different business strategies, and application releases. Key players in the market include-
Huawei Technologies Co. Ltd, IBM Corporation, Midas Green Technologies, NEC Corporation, Nortek Air Solutions, NTT Communications, Schneider Electric, Super Micro, ZutaCore, ABB Ltd., Cisco, Cyber Power Systems, Dell Technologies, Delta Electronics, Digital Realty Trust, Eaton Corporation, Hewlett Packard Enterprise.
Market Segment Analysis:
By Component
Solution
- Power Systems
- Monitoring and Management Systems
- Networking Systems
- Cooling Systems
- Others
Services
- System Integration Services
- Maintenance and Support Services
- Training and Consulting Services
By Enterprise Size
- Large Enterprises
- Small-Medium-sized Enterprises
By Industry Vertical
- BFSI
- IT and Telecom
- Media and Entertainment
- Healthcare
- Government and Defense
- Retail
- Manufacturing
- Others
Region
The regional segment includes Asia Pacific, Europe, North America, the Middle East, and Africa, Latin America. In 2021, some of these regions expected to contribute the largest share during the forecast period.
The factors such as the large and easy availability of basic things, rising purchasing power among the population, and favorable government policies and industrial facilities are estimated to accelerate the industry growth in the region. The growing rate of industrialization is anticipated to boost the presence of Green Data Center industries in the region.
Key Green Data Center Market Trends
– Based on type, sub-type, technology utilised, applications, end-users, and geographies, the research identifies, defines, and predicts the Global Green Data Center Market segments.
– Largest Market Share Held by Industry to Industry for Green Data Center
– Based on their expected growth, development patterns and prospects for the future, and contributions to the overall market, it analyses the micro markets.
– Demand from the geographical area is estimated to boost growth.
– Growing Market Segment Adoption in the Green Data Center Industry
– Over the forecast period, higher growth rates are anticipated in in some regions
Why Purchase the Industry Report by MRC
There is a huge amount of information in the report, including market trends and business opportunities for the forecast period.
Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) statistics.
Data at the regional, sub-regional, and national levels also includes information on the market’s supply and demand dynamics.
The competitive landscape includes the proportions of important players, recent innovations, and strategy.
Comprehensive product offerings, important financial data, latest advancements, SWOT analysis, and key player tactics.
Table of Content
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Research Methodology
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