Green Data Center Market, By Components (Cooling Solutions, Power Solutions, IT Solutions) By Services (Design and Consulting, Installation and Deployment, Maintenance, And Support), By Data Center Size (Large Data Centers, Small and Medium-Sized Data Centers), By End-Use, (BFSI, IT And Telecom, Media/Entertainment, Healthcare, Manufacturing, Government And Defense, Retail, Research, And Academia, Transportation), By Region – Global Analysis Forecast Till 2030

The Global Green Data Center Market Share to Grow at A Healthy CAGR for the forecast year 2030

An ecologically friendly building with computers and servers for data storage, management, and dissemination is known as a "green data center". Primarily powered by solar, wind, or water power, the components are designed to maximize energy efficiency and minimize carbon footprint. Commonly used components include energy-saving power supplies, centralized humidification, efficient servers, routers, heating, ventilation, and air conditioning (HVAC), and light-emitting diode (LED) systems. Compared to traditionally used data centers, these systems help isolate workloads, provide centralized control and ease of data migration, are more resilient, and provide users with a next-generation storage experience.

Market Dynamics:

Drivers:

The green data center market is primarily driven by the growing demand for energy-efficient computing systems, which is further fueled by increasing digitization across industries. Additionally, rising environmental awareness and widespread adoption of data centers to store and manage ever-increasing data is driving the market growth. Green data centers are designed as on-site wind and solar power plants, typically constructed on the terraces of buildings or facilities.

They also recycle and use wastewater for cooling purposes. In addition, various product innovations such as using low-emission building materials, paint, carpet, waste recycling systems, and sustainable landscaping for constructing these data centers are acting as other growth drivers. Manufacturers also use alternative technologies such as evaporative cooling, heat pumps, photovoltaic cells, and catalytic converters to produce energy-efficient systems. This, along with significant growth in information technology (IT) infrastructure, represents some of the other factors driving the market further.

Restraints:

It costs almost as much to establish a standard server farm as it does to develop energy-efficient green data centres. Organizations are now unwilling to invest sizable sums in a green data centre when they already have traditional server farms, regardless of how much better the total cost of ownership (TCO) of a green data centre is. Also, the underlying speculation will eventually be repaid from the reserve money. The green data center market is thought to be constrained by higher capital investments.

Key players:

• 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).

Market Segmentation:

Green Data Center Market, Based on Components

• Cooling Solutions

• Power Solutions

• IT Solutions

Green Data Center Market, Based on Services

• Design and Consulting

• Installation and Deployment

• Maintenance and Support

Green Data Center Market, Based on Data Center Size

• Small and Medium sized data centers

• Large data centers

Green Data Center Market, Based on End-use

• BFSI

• IT and Telecom

• Media/Entertainment

• Healthcare

• Manufacturing

• Government and Defense

• Retail

•  Research and Academia

• Transportation

Green Data Center Market, Based on Region

• North America

• Europe

• Asia Pacific

• Middle East and Africa

Regional Analysis:

• North America holds the largest share of the green data center market, owing to numerous service and software providers leading the market. According to the Department of Energy, data centers account for about 2% of total electricity use in the United States.

• The expansion of mobile broadband, the advent of 5G, the growth of big data analytics, and cloud computing are the major factors driving the demand for new data center infrastructure in the region.

• With a significant amount of data centers and many companies transitioning from hardware to software-based services, North America is expected to have a significant impact and become a lucrative market for data center transformation. Microsoft, Amazon, and Facebook have promised to transform their data centers into green data centers soon.

Scope of the Report:

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