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Energy Management in Data Centers Market: Increasing Demand for Storage Space, Processing Power, Bandwidths Set Boom the Market by 2025
The Report Energy Management in Data Centers Market: Global Industry Analysis and Opportunity Assessment 2017-2025 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.bizData centers is a facility composed of several networked computers and storage devices that organization uses to organize, store, process and disperse large amounts of data. Any business heavily relies on data for its day-to-day operations. Any companies most critical processes taking place in data centers. A data center consists several devices such as servers, storage subsystems, networking, switches, routers and firewalls. To run these devices efficiently it requires 24*7 uninterrupted power supplies and data center cooling systems such as air conditions. A typical enterprise level data center requires energy in megawatts thus creating a significant burden on the world’s energy resources. Due to all these reasons, there is need to manage the energy in the data center to reduce the data center energy footprint. Several companies such as Apple Inc., IBM have come up with innovative techniques to reduce the nonrenewable energy requirements for their data centers. These companies are using renewable energy resources to reduce the data center energy footprint. Companies are collocating their data centers to certain geographical locations that offer natural cooling conditions. Also, they use solar panels and wind energy for their data center energy requirements. In 2013, Apple Inc. had reached 100% renewable energy across all their data centers. For this, the company is using solar array and wind energy for producing renewable energy. Further, there is an increasing pressure among peer companies to adopt green energy. Data center companies are looking to improve their rack designs for energy management of different equipment’s used in datacenters in such a way, that racks can naturally act as a heat sink and cool down the servers and storage devices placed on these racks.
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Increasing demand for storage space, processing power, increased bandwidths and the need for redundancy of data has led to increased use of data centers. Increasing usage of renewable energy across data centers is the key factor for energy management in the data center market. There are also various other factors such as stringent government regulations on carbon footprint can lead to increased adoption on the usage of renewable energy across data centers and development of innovative energy efficient products required in data centers. However, there are certain restraints such as energy efficiency provided by the renewable energy in order to meet energy requirements across data centers and the additional cost for renewable energy equipment’s can hinder the energy management in the data center market.
The energy management for data center market can be bifurcated according to energy type, by equipment and geographic regions .By energy type, energy management for data center market can segmented as renewable energy and nonrenewable energy. By Renewable energy type, it can be further segmented into solar energy and wind energy. By equipment type, energy management for data center market can be segmented into Air conditioning system, Racks, uninterrupted power supply, diesel generators and others.
Geographically, energy management in datacenters is segmented according to region into Asia Pacific, North America, Europe, Middle East & Africa and Latin America. North America is expected to dominate the energy management in data center market amongst the other regions North America is expected to have major share in energy management in data center market as most data networking and data security technology giant companies are located in these region.
Key players in the data center include Apple Inc., IBM, Cisco Systems, Equinix, FUJITSU, Eaton, NTT Communications, Digital Realty Trust, Global Switch, Du Pont Fabros technology, CyrusOne, China Telecomm and so on. These companies are adopt green energy for their energy requirements for datacenters. These companies are continuously investing in research and development to improve the efficiency of renewable energy in order to fulfill the energy requirements by datacenters.
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MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.
The report provides the following information:
Tailwinds and headwinds molding the market’s trajectory
Market segments based on products, technology, and applications
Prospects of each segment
Overall current and possible future size of the market
Growth pace of the market
Competitive landscape and key players’ strategies
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