Press release
Green Data Center Market Exploring Future Growth and Trends by 2024 |Airedale International Air Conditioning Ltd, APC by Schneider Electric, Eaton, Fujitsu, Green House Data, Hitachi, IBM, Microsoft, PCCW Solutions Limited, Tech Mahindra, Vertiv
Green Data Center Market
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Cyber security threats are a key factor restraining the industry growth. Financial organizations and businesses store critical and confidential data in data centers. Stringent government regulations such as European General Data Protection Regulation (GDPR) are imposing rules pertaining to the safety of information in data centers. The providers must comply with the strict standards and regulations operating in the green data center market.
The key Vendor covered in this study: -
1. 3M
2. Airedale International Air Conditioning Ltd
3. APC by Schneider Electric
4. BendBroadband
5. Colocation America
6. Dell
7. Eaton
8. EcoDataCenter (EcoDC AB)
9. Equinix
10. Ericsson
11. Fujitsu Global
12. GE
13. Green House Data
14. HCL Technologies
15. Hewlett Packard Enterprise
16. Hitachi
17. Huawei Technologies
18. IBM
19. Microsoft
20. Modius
21. PCCW Solutions Limited
22. Siemens
23. Tech Mahindra
24. Verne Global
25. Vertiv
The growing focus on energy efficiency has made the data center industry a frontrunner in implementing energy-efficient solutions. The energy consumption of data centers has been rapidly increasing with the advent of cloud computing services and is causing an increase in CO2 emissions. There is a high focus on the need for lowering the Power Usage Effectiveness (PUE) amongst companies, primarily amongst major players such as Allied Controls, Facebook, and Google.
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The BFSI sector in the green data center market valued at over USD 900 million in 2017 is witnessing a rapid growth globally with the growing number of financial organizations adopting digitalization. Traditional data handling techniques that involved paper documents are being replaced by modern digital technologies for higher efficiency, lower redundancies, and faster computation. This has led to a rise in the demand for highly efficient data center infrastructures that ensure the safe storage of the ever-increasing data. The flourishing BFSI industry will provide lucrative growth opportunities to the green data center market growth.
The green data center market in Asia Pacific will experience a strong growth of over 30% from 2018 to 2024 owing to the widespread adoption of cloud and IoT technologies in countries such as China and India. The rapid growth in the number of startups in India coupled with the favorable government initiatives such as Make in India will support the green data center market growth in the country.
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The booming industrial sector in Japan is demanding high performance equipment for mounting volumes of data from connected factories. The rise in the number of smartphone users in China are also demanding data center set ups for data storage. Infocomm Media Development Authority (IMDA) has collaborated with government agencies to develop a Singapore Standard for green infrastructure under the IT standards committee.
Green data center market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD from 2013 to 2024, for the following segments:
Green Data Center Market, By Component
• Solution
• Cooling
• Networking
• Power
• Management software
• Services
• Installation & integration
• Consulting
• Managed
Green Data Center Market, By End-Use
• Colocation
• BFSI
• Energy
• Government
• Healthcare
• Manufacturing
• IT & telecom
• Others
Browse Related Report: - By 2024 Semiconductor Memory Market to Exceed 730 Billion USD
https://www.marketwatch.com/press-release/by-2024-semiconductor-memory-market-to-exceed-730-billion-usd-2019-02-14
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Corporate Sales, USA
Global Market Insights, Inc.
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