Global Green Data Center Market to Exhibit 30.8% CAGR 2014-2022, Paradigm Shift to Energy-efficient Data Storage Solutions Drives Growth

The global green data center market will, therefore, exhibit an exponential CAGR of 30.8%, states Transparency Market Research in a new analysis, titled “Green Data Center Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2014 - 2022.” The findings compiled in the report show that the global market for green data center, which stood at US$25.8 bn in 2014, is anticipated to reach a whopping valuation of US$221.4 bn by the end of 2022.
The rising demand for energy-efficient solutions across data centers worldwide has been boosting the market for green data centers. Consequent to the evolution of cloud-based operations, monitoring and controlling data center usage has become indispensable for organizations to stay ahead in competition. Thus, creating demand for energy-efficient storage solutions.
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Green data centers help store, transmit, and manage critical data. The mechanical, electrical, and computer systems for this system are designed to ensure maximum energy-efficiency and minimal environmental impact. These facilities run on advanced technologies, such as economizers for cooling, which results in maximum efficiency at a reduced cost.
This is a comprehensive report including exhaustive information related to the various socio-economic factors trending in the global market for green data centers. It presents insights into the various growth drivers and restraints that have been influencing the market and comprises opinions from industry experts. Compiled to help enterprises operating in the market identify the most lucrative opportunities, the report also presents refined forecasts for the market’s growth trajectory over the forecast period.
A reduction in the operational costs and favorable government initiatives have been identified as the key factors bolstering the market for green data centers worldwide. Additionally, the rising inclination of enterprises towards energy-efficient operations and smart technologies has been crucial in fuelling the demand for green data storage solutions. As major industries around the world gear up to improve their overall performance and energy efficiency, the demand for green data centers is anticipated to rise considerably in response to the same.
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To present a holistic analysis of the market’s growth, the report segments the global green data center market on the basis of PUE standard, ownership, component, and geography.
Based on PUE standards, the market has been segmented into PUE greater than 2, PUE 1.5 to 2, and PUE 1 to 1.5. Of these, the PUE greater than 2 segment led the market in 2014. In terms of components, the market is classified into air conditioning, power backup, security appliances, storage and servers, and network.
Based on ownership, the market is bifurcated into external and internal ownership. The internal ownership segment comprises healthcare, IT and telecommunications, BFSI, government, energy and utility, transport and logistics, and others. Of these, IT and telecommunication enterprises are anticipated to boast the highest adoption of green data storage technologies.
Regionally, North America and Europe led the global green data center market in 2014 based on revenue generation. However, over the forecast period, the green data center market is anticipated to witness lucrative opportunities in countries in Asia Pacific such as India, China, Singapore, and the Philippines. The regions encompassed within the Rest of the World, including MEA and Latin America, are also likely to report considerable growth in terms of demand for green data centers.
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To provide a comprehensive overview of the market’s prevailing competitive landscape, the report also profiles companies such as Fujitsu Ltd., Hewlett-Packard Company, Ericsson, Cisco Systems, Inc., and International Business Machines Corporation (IBM).
Green Data Center Market, by PUE Standard:
• PUE 1 to 1.5
• PUE 1.5 to 2
• PUE Greater than 2
Green Data Center Market, by Component:
• Air Conditioning
• Power Backup
• Storage & Servers
• Network
• Security Appliances
Green Data Center Market, by Ownership
• External
o Co-location
o Dedicated Hosting
• Internal
o Healthcare
o IT
o Telecommunication
o BFSI
o Government
o Energy &Utility
o Transportation & Logistics
o Other (Retail, etc.)
Green Data Center Market, by Geography:
• North America
o U.S.
o Rest of North America
• Europe
o EU7
o NORDIC Countries
o Rest of Europe
• Asia-Pacific
o Japan
o China
o South Asia
o Australasia(Australia, New Zealand and Guinea)
o Rest of Asia Pacific
• Middle East and Africa (MEA)
o GCC Countries
o North Africa
o South Africa
o Rest of MEA
• Latin America
o Brazil
o Rest of Latin America

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

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This release was published on openPR.