Green Data Center market – Growth Opportunities and Challenges 2017-2024

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Green Data Center market share research by
applications and regions for 2017-2024 Global
Market Insights, Inc.
Fuel Cell Market size worth 25.5bn by 2024
Low Power Wide Area Network
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Overview of Green Data Center Market

• Key players in green data center market include
  Cisco Systems, Inc., Hewlett-Packard Enterprise
  Company, ABB Group, Schneider Electric SE,
  Microsoft Corporation, HCL Technologies, Huawei
  Technologies Co., Ltd., Fujitsu Ltd., Dell, and
  IBM. Increasing competition among these players
  to offer technologically-advanced data center
  solutions is expected to propel green data center
  market growth. For instance, in June 2016, Huawei
  Technologies Co., Ltd. partnered with SADC with
  an aim to develop green data centers. In May
  2016, Microsoft Corporation announced the
  expansion of green data center to enhance its
  cloud services. Microsoft Corporation is
  investing in the renewable energy development to
  meet the increasing need of data storage centers.
• Green Data Center Market size is anticipated to
  grow at a rapid pace in the coming years owing to
  the increasing emphasis on reducing the carbon
  footprint and the growing focus on
  energy-efficient solutions with lesser power
  consumption. Rising complexities in the operation
  of data centers are leading to an increase in the
  energy consumption. This rise in the energy
  consumption is increasing the need for cooling
  solutions, which in turn will increase the
  expenses for the end users as well as the data
  center solution providers. This factor is
  expected to propel the green data center market
  growth over the forecast period.

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• Green data center market is expected to grow
  rapidly owing to the rising concerns about the
  safety of the environment. The operation of
  components, such as UPS, IT servers, and cooling
  systems in data centers, leads to a rise in the
  emission of carbon dioxide. Rising awareness
  regarding the hazardous effects of carbon dioxide
  on the environment is leading to many companies
  switching over to greener solutions for
  facilities such as data centers.
• With sharp increase in the industrialization and
  rapid growth in the number of businesses, the
  need for these facilities is increasing at a very
  fast rate, which is a major factor driving the
  green data center market in the recent years. The
  need for efficiency in data storage and enhanced
  operations are making businesses switch to
  energy-efficient facilities. The increasing cost
  of electricity is also a main factor boosting the
  industry growth.
• The green data center market is experiencing
  growth through increasing colocation service
  providers, telecommunication providers, and Cloud
  Service Providers (CSPs). Currently, there are
  many CSPs and enterprises involved in colocation
  spaces to address the data storage demands
  immediately. CSPs and Internet Service Providers
  (ISPs) are also major factors contributing to the
  industry growth however, the establishment of an
  entirely new facility requires high initial
  investments. This makes them a costly option for
  businesses that cannot afford to spend heavily.
  This high initial cost is a major factor
  restricting the green data center market growth.

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• The operation and construction of these
  facilities include the implementation of advanced
  technologies and strategies such as waste
  recycling, use of low emission materials, and
  evaporative cooling. The lack of skilled
  workforce in these areas is expected to hinder
  the green data center market growth. Moreover,
  the incompatibility of present facilities with
  green facilities is also an important factor
  leading to the decline in the adoption of green
  data centers.
• Rapid increase in small- and medium-sized
  businesses in emerging economies provides a great
  opportunity for the growth of the green data
  center market. Businesses switching to these
  systems for enhanced operations for storage are
  expected to propel the industry. Many developing
  countries including India, China, and Japan are
  trying to expand their telecommunication sector
  and enhance the existing infrastructure. This is
  expected to provide attractive opportunities for
  the industry. Stringent environment laws imposed
  by governments for environment safety are also
  making way for the adoption of green data
  centers.

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• The green data center market is segmented into
  networking technologies, power, cooling, server,
  and management software. The cooling segment is
  expected to grow at the highest rate owing to the
  increasing requirements for the use of natural
  cooling techniques in these facilities. With
  technological advancements, precision cooling
  systems are anticipated to gain momentum over the
  forecast timespan. Increasing number of companies
  switching to enhanced liquid cooling solutions is
  aiding the cooling segment growth in the green
  data center market.
• The green data center market is segmented into
  enterprises, colocation providers, and cloud
  providers. Cloud providers are anticipated to
  grow significantly over the forecast period and
  are expected to increase their investments in
  hardware including ethernet switches, servers,
  and storage. Also, the process of data storage
  becomes more efficient if data centers and cloud
  computing systems coexist. The placement of
  crucial data in the data center and less
  confidential information on the cloud simplifies
  the data storage system for businesses.

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• The green data center market is segmented into
  BFSI, IT telecom, government, and healthcare
  end-use industries. The use of this
  infrastructure in the IT telecom industry is
  anticipated to grow at the highest rate.
  Increasing need to transform the IT sector to
  implement energy-efficient environment is
  propelling the industry growth. Many telecom
  companies are expanding their infrastructure and
  modifying their existing systems to adopt more
  sophisticated systems. The transition of telecom
  data centers toward virtualization by adopting
  Software Defined Networking (SDN) and Network
  Function Virtualization (NFV) is an important
  trend boosting the green data center market
  growth.
• The Asia Pacific green data center market is
  expected to grow at a high rate owing to the fast
  industrialization in the emerging economies in
  the region and increase in the number of
  businesses in the region. Government initiatives,
  such as Smart Cities, Make In India, and Digital
  India, are expected to propel the industry in the
  region. Increase in the data storage traffic and
  mobile traffic in countries including Japan,
  India, Thailand, Malaysia, and Taiwan is
  anticipated to augment the industry growth.

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Methodology

• Market
  research reports Key analytical components

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