Green Data Center Market Overview and Product Scope over 2019 - 2026

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Green Data Center Market Size Is Projected To
Exceed USD 35 Billion By 2026 Global Market
Insights, Inc.
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• Green Data Center Market Scenario

• As per a comprehensive report published by Global
  Market Insights, Inc., worldwide Green Data
  Center Market is pegged to cross the USD 35
  billion market by 2026. Rising popularity of
  online shopping and payments has pushed the IT
  and telecom sectors towards digitization. Online
  activities generate massive amounts data that is
  required to be stored safely and
  cost-effectively.
• A huge amount of data generated has amplified the
  need for storage spaces. Adoption of cloud
  computing is also expanding among companies,
  which will escalate green data center market
  size. For instance, in February 2018,
  Ascendas-Singbridge Group announced investment of
  around 1 billion towards construction of
  large-scale data centers in India. The move was
  intended to serve hyper-scale cloud providers.
• Also, the number of manufacturing firms is
  increasing in India and China, which has promoted
  the growth of green data center market share in
  the region. Manufacturing companies are
  implementing advanced technologies of IoT and
  machine learning and extended data generation,
  which will propel the demand for green data
  centers.

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• The increasing defense budget and growing cross
  border conflicts between India, China, and
  Pakistan are some of the major drivers for the
  growth of the Green Data Center Market. The
  rising defense budget is supporting the growth of
  industry players and weapon suppliers across the
  globe.
• The demand for new technology and upgrading of
  the existing system are contributing to the
  growth of the Green Data Center Market. The
  introduction of more efficient defense platforms
  and upcoming technologies including the
  integration of AI and drones along with the
  application of laser to destroy incoming
  projectiles is the major market accelerator.

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• Regional Analysis

• Asia Pacific will come to the light as a major
  revenue contributor. Countries such as China,
  India, Singapore, and Japan have been witnessing
  high adoption of advanced technologies, including
  AI, cloud, and IoT. For instance, in India,
  government initiatives, such as Smart Cities and
  Digital India have gained hype.

• Competitive Analysis

• A few of the major participants operating in
  green data center market are Vertiv Co., Huawei
  Technologies Co. Ltd., Schneider Electric SE,
  Microsoft, Hewlett-Packard, IBM Corporation, and
  Verne Global.

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