Green Data Centers On The Rise According To New Transparency Market Research Report

A recent report from Transparency Market Research has revealed significant trends in the growth of the green data center market. Between 2015 and 2022, the report predicts a compound annual growth rate( CAGR ) of 30.80%, rising up from 2014’s $25.8 billion to an estimated $221.4 billion at the end of the 7 -year period. The report, titled “Green Data Center Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2014 – 2022,” posits that the global boom in green data centers may owe its numbers to a combination of government regulations, social & business trends toward green technology and the promise of a reduction in operation costs due to improved energy efficiency.

The Green Data Center Market itself is split geographically into 5 segments

  • North America
  • Latin America
  • Europe
  • the Middle East
  • & Africa (MEA) and Asia Pacific.
    As of 2014, the world leaders in green data center market revenue were North America and Europe, predominantly thanks to an increase in public/business awareness of green data centers and government regulations regarding energy efficiency and green innovation. But North America and Europe can not lay claim to all the success; the Transparency Market Research report estimates that the next six years or so will see substantial growth and progress in the Asia Pacific segment as well, in part as a result of upcoming governmental regulations in countries like China, India, Singapore and the Philippines. The other market segments ( Latin America & MEA ) are also expected to see great growth in green data center revenue through 2022, though perhaps less significant than in the other regions.

Green Data Centers On The Rise According To New Transparency Market Research Report

From an Industry perspective

The green data center market is in practically every corner of the business world, covering areas like  IT, telecommunications, retail, health care, government, transport and logistics, energy and utility, and more. The new Transparency Market Research report suggests that although there will be growth across all industries, the primary growth in data centers will occur in IT and telecommunications — a prediction that is fairly unremarkable, considering the importance of data centers in these technology – heavy sectors. In fact, the majority of the front – runners with regard to green data center revenue can be defined as IT /telecommunications businesses, including front – runner giants like Cisco Systems, Inc., International Business Machines Corporation ( IBM ), Hewlett – Packard Company, Ericsson and Fujitsu Ltd. Across all industries, the green data center market comprises a variety of technological components, including networking, security, storage / servers, air conditioning, and power backup.

Overall, the new Transparency Market Research report paints a picture of an extremely healthy market with great potential for ( and probability of ) future growth thanks to the massive global shifts toward cutting energy costs and implementing green legislation. So long as this general green movement continues worldwide and the nations’ governments move forward with new regulations to improve energy efficiency and cut carbon footprints, the green data center market is not likely to slow down anytime soon.

You can view the Market Research Report here

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
    • Co-location
    • Dedicated Hosting
  • Internal
    • Healthcare
    • IT
    • Telecommunication
    • BFSI
    • Government
    • Energy &Utility
    • Transportation & Logistics
    • Other (Retail, etc.)

Green Data Center Market, by Geography:

  • North America
    • U.S.
    • Rest of North America
  • Europe
    • EU7
    • NORDIC Countries
    • Rest of Europe
  • Asia-Pacific
    • Japan
    • China
    • South Asia
    • Australasia(Australia, New Zealand and Guinea)
    • Rest of Asia Pacific
  • Middle East and Africa (MEA)
    • GCC Countries
    • North Africa
    • South Africa
    • Rest of MEA
  • Latin America
    • Brazil
    • Rest of Latin America

Katrina is a product specialist with the leading server rack engineering and accessories company click HERE to visit the site.

Leave a Reply