Press release
Green Data Center Market Trends, Statistics, Segments, Growth Factors | Forecast to 2031
As per the Paris Climate Agreement, many countries have agreed to take steps for reducing green-house emissions. Globally IT sectors are emerging as leading players for green data centres and energy consumption.
Growth of AI in Cooling Technology
AI forms a major part in energy conservation and is seen as a future to cool the data centres around the world. According to reset.org, Huwei's icooling technology powered with AI determines the parameters and implements energy efficient adjustments resulting in reduced power consumption. AI is being looked upon with a lot of optimism as far as the future of cooling technology is concerned. Its role in creating greener data centers will be further probed, and subsequent investments are likely to follow.
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Environmental Benefits with Green Data Centres
As energy costs are always increasing globally, reducing energy consumption is a need of the hour. As per eia.org, in 2019, the US annual average price of electricity for commercial use was about 10.68c per kilowatthour (kWh).
Similarly, in Europe, the electricity prices in 2020 were EUR 0.1254 per kWh average in which the cost in Germany was higher at EUR 0.30 and Bulgaria costed the lowest at EUR 0.10 per kWh as per Europa.eu and as per China Electricity council the consumption of electricity surpassed 2.23 trillion kWh reflecting increase of 553.4 billion kWh in 2019, India and Japan also amounts for 1.54 trillion kWh and Japan 0.93 trillion kWh in 2020.
These prices when converted as per use by big companies translate to big amount which can be halved by transferring to green data centres.
Lack of Adequate Infrastructure and High Investment
Cost of building or replacing a green data centre is comparatively more in comparison with traditional data centres. Less awareness regarding long term savings with the help of green data centres are holding companies to invest in such projects.
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However, some companies are tackling with the challenges by replacing some traditional equipment with green solutions thus, saving the constructional expenses.
Competitive Landscape
Major IT and electronics companies include Lenovo (Hong Kong), Cyber Power Systems (US), Cisco (US), Delta Electronics (Taiwan), Green Revolution Cooling (US), Rittal (Germany), Bxterra Power Technology (US), ZutaCore (US), DCX The Liquid Cooling Company (Poland), Dell Technologies (US), Hewlett Packard Enterprise (US), Schneider Electric (France), Vertiv (US).
Green Revolution Cooling (GRC) has been awarded a place in Essentia Trading Limited (ETL) Zero Carbon Delivery Framework in February 2021 to enable any UK public sector the ability to acquire low and zero carbon infrastructure investments.
Zero Carbon Delivery Framework is a no cost framework for public sector organisations such as Hospitals, military, education, Police/fire enabling compliant avenue for low and zero carbon infrastructure investments.
Regional Outlook
Asia Pacific is anticipated to be the leading market with the highest population and thus, growing use of internet and smart phone among youth. As per report by Indian Cellular and Electronic Association, the smart phone usage in India is expected to reach 820 million till 2022. China is one of the global behemoths in the global smartphone market although lately, smartphone shipments have witnessed a 12.8% decline.
Singapore is one of the leading data center markets For development of new technologies, the Infocomm Development Authority of Singapore is working of developing a roadmap to reduce energy consumption in data centres without compromising security or system performance.
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With large number of software providers and software companies in US, the demand of green data centres is expected to fuel. Growth in big data analytics, cloud computing in US, large number of companies switching from hardware to software based services are the lucrative reasons for data centre transformation.
Companies like Microsoft, Google, and Facebook are taking steps to convert their data centres into "green". Google with DeepMind have been working together for developing an AI algorithm that may help in effective power management. However, the algorithm AlphaGo may enable the framework for cooling infrastructure for lowering the energy consumption.
The demand of green data centres is more in Western Europe. Sweden has been a hub due to Node Pole data centre right next to the North Pole thus provides a natural cooling solution. As the electricity consumption is increasing and is expected to increase from 2.7% in 2018 to 3.2% by 2030 by Europe.eu, the demand and requirement of green data centre may boost.
Segmentation
Based on Components
Cooling Solutions
Power Solutions
IT Solutions
Based on Services
Design and Consulting
Installation and Deployment
Maintenance and Support
Based on Data Center Size
Small and Medium sized data centers
Large data centers
Based on End use
BFSI
IT and Telecom
Media/Entertainment
Healthcare
Manufacturing
Government and Defense
Retail
Research and Academia
Transportation
Based on Region
North America
Europe
Asia Pacific
Middle East and Africa
Which are the hubs of green data centers?
US, Japan, Western European countries, China, and India are among the hubs for green data centers.
What are the components of green data centre?
Cooling Solutions, IT solutions, and Power solutions; among these, adoption of cooling solutions is the highest
Who are the leading players in the market?
Delta Electronics (Taiwan), Green Revolution Cooling (US), Rittal (Germany), Bxterra Power Technology (US), ZutaCore, etc.
What are the end user segments of green data centres?
BFSI, IT, Military, Research, and Transportation are among the prominent end-users
What are the services provided by green data centres?
Design and Consulting, Installation and Deployment, Maintenance and Support.
About TMR Research:
TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today's supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients' conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.
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TMR Research,
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