Green Data Center Market size was valued at USD 69.61 Bn in 2022 and is expected to reach USD 233.87 Bn by 2029, at a CAGR of 18.90%.

Green Data Center Market
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Green Data Center Market Overview:

Green Data Center Market Research Report investigated the current status of definitions, classifications, applications, and the industrial chain structure. The research provides impartial professional commentary on the present market state, prior market performance, production and consumption rates, demand and supply ratios, and forecast income generation predictions. The Green Data Center market study also includes information on the leading businesses participating in the Green Data Center sector’s strategic goals and company growth objectives. Mergers and acquisitions, government and corporate transactions, partnerships and collaborations, joint ventures, brand marketing, and product launches are among the tactics considered in the research. To summarise what has previously been said, the study provides a comprehensive picture of the Green Data Center sector in both global and regional markets.

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Green Data Center Market Dynamics 

The green data center market is witnessing significant growth driven by a confluence of factors, primarily resulting from the substantial increase in internet usage. This surge in internet activity has amplified the energy consumption of data centers to ensure their efficient operation, subsequently leading to a significant environmental impact. This heightened power consumption by data centers is a primary driver of the green data center market, as organizations are seeking more sustainable and eco-friendly solutions to counteract this impact. Moreover, there is a growing awareness among individuals and enterprises regarding the environmental consequences of high energy usage by data centers. Governments are also taking proactive measures to address this issue through initiatives that encourage the adoption of green policies. As a result, more enterprises are aligning themselves with these green initiatives, which is further propelling the growth of the green data center market.


COVID-19 Impact on Green Data Center market:

The COVID-19 epidemic has had a significant impact on the global Green Data Center industry. Green Data Center Production facilities have been halted due to the global economic slump and a lack of manpower. The COVID-19 pandemic has led in a significant and extended drop in production utilisation, and travel prohibitions and facility closures have kept personnel away from their facilities, causing the Green Data Center market to decelerate in 2020. The negative impact of COVID-19 on the Green Data Center market, on the other hand, is expected to be brief, and the sector is expected to revive fast by early 2021, owing to robust demand for Green Data Center.

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Regional Analysis:

The region section of the research additionally covers important market influencing factors and changes in market regulation that have an influence on the market’s present and future trends. Some of the primary elements utilised to analyse the market scenario for various locales are new sales, replacement sales, national demography, regulatory activities, and import-export tariffs. Furthermore, while offering forecast analysis of national data, the existence and availability of global brands, as well as the challenges they face owing to strong or weak competition from local and domestic brands, as well as the impact of sales channels, are considered.

Green Data Center Market Segmentation:

by Components

Air Conditioning
Power Backup
Storage & Servers
Network
Security Appliances

by PUE Standard

PUE 1 to 1.5
PUE 1.5 to 2
PUE Greater than 2

by Data Center Size

Compact and Medium Data Center
Large Data Center

by Solutions

Cooling Technology
Energy-Efficient Cabinets
Distributed Computing
Hyper scale Computing
Colocation Center

by Application

External
Co-location
Dedicated Hosting
Internal
Healthcare
IT
Telecommunication
BFSI
Government
Energy &Utility
Transportation & Logistics
Retail
Other

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Green Data Center Market Key players:

1. Cisco Systems Inc.
2. Ericsson Inc.
3. Fujitsu Ltd.
4. International Business Machines (IBM) Corporation
5. Hewlett Packard Enterprise Company
6. Dell Inc.
7. Equinix, Inc.
8. Tech Mahindra Ltd.
9. Eaton Corporation Plc
10. EcomNets Inc.
11. Schneider Electric
12. Vertiv
13. Green Revolution Cooling
14. Midas Green Technologies
15. Delta Electronics
16. Rittal
17. Nortek Air Solutions
18. Asetek
19. Airedale
20. Lenovo
21. Cyber Power Systems
22. Super Micro
23. Tripp Lite
24. Inspur
25. CDP Energy
26. Bxterra Power Technology

The study includes a thorough examination of the Green Data Center market’s presence in various industries and countries. By doing a detailed geographical examination of the industry, the research analyst hopes to uncover hidden development potential that may be used by firms in various regions of the world. Global Green Data Center Market research gives precise information that helps market participants to compete successfully with their most important competitors in terms of growth, sales, and other critical factors. Significant market components such as market drivers and obstacles are distinguished from critical development prospects and industry trends in the research study.

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