Global Green Data Center Market Research Report- Forecast to 2027

Global Green Data Center Market Research Report, by Component (Hardware, Software), Organization Size (SMEs, Large Enterprises), End-user (Cloud Providers, Colocation Providers), Verticals (Healthcare & Life Sciences, IT &Telecom) — Forecast till 2027

ID: MRFR/SEM/1005-HCR | February 2021 | Region: Global | 110 pages

Please note that the assessment period of the report has been updated from 2017-2023 to 2020-2027. Cordially fill Sample form for the updated data.

Market Overview


Globally, green data center market is expected to grow from USD 37.9 billion in 2017 to USD 197.72 billion by 2023, with a CAGR of 32.9% during the forecast period. The green data center market growth is acquiring a foothold in different areas and has gotten the attention of different associations for sending green data center arrangements. In the current situation, associations have begun taking green activities for their ordinary IT tasks to set aside their cash, making green data center as most well-known activities. Comprehensively, a green data center contains energy-effective segments, like servers, UPS, and cooling frameworks.


COVID 19 Analysis


As the globe travels through the COVID-19 pandemic, associations across ventures speed up their progressive changes and look toward innovation to assist them with adjusting to another ordinary where disturbance could be everywhere. The hyperscalers are continually satisfying the spike in the cloud benefits because of the work-from-home economy. As per United Nations – International Labor Organization (UN-ILO) gauges, four-fifths, for example, 81% of the total populace has been dependent upon full or fractional working environment terminations. 


This puts organizations like Microsoft, Google, AWS, and other hyper scalers in a telling position. The Cloud portion of big business spending has been in an upward direction for a long time; however, the speed increase is set to spike, regardless of whether it's public, private, or crossover cloud, the tech monsters are ruling the market. Nonetheless, the hyperscalers have consistently upgraded to improve server farm effectiveness. A new report by a rumored US college uncovered that the measure of energy utilized by server farms expanded by just 6% somewhere in the range of 2010 and 2018, disregarding a 550% development in the volume of processing. Hyperscale server farms assume the acknowledgment for this. Henceforth, it very well may be inferred that as the vast majority of the hyperscalers are taking into account the abrupt spike of cloud administrations, they are relied upon to utilize energy-effective server farm arrangements like force, IT, and cooling.


Market Dynamics 


Drivers


The ECO mode, otherwise called 'Dynamic Standby' or 'Economic,' is the most energy-productive UPS working mode. This model is fit for giving excellent productivity up to 99%. The ECO mode sees the detour line (crude mains supply) to control the heap, with the inverter fueled, however staying "off" as long as the mainline is in resilience. The primary advantage of ECO mode is the expanded production of the detour line, which usually runs at 98-99% when contrasted with the standard online UPS proficiency of 93-97%. That distinction of anyplace between 2-6% can possibly convey huge investment funds for the green data center market.


Restraints


The underlying interest in building an energy-productive green data center is nearly higher than the expense of building a conventional server farm. Organizations are hesitant to put such immense sums in a green data center when they now have existing conventional server farms, regardless of how the Total Cost of Ownership (TCO) for the green data center is better. And reserve funds in the long haul will repay the underlying speculation; higher capital venture is considered a pivotal limitation in the green data center market.


Challenges


The Green data center market has been pervasive for a long time across different industry verticals, and their reality isn't moderately new. They have advanced from goliath supercomputers to current edge workers. Various organizations have a green data center, and a large number of them don't mean to supplant their server farm offices totally with green server farms. These organizations are apathetic toward putting a colossal sum in remaking their server farms without any preparation. Here, the test of green arrangements with the working hardware and arrangements of existing server farms is an authentic subject, and organizations have concerns regarding the similarity. Along these lines, in the green data center market trends, the inconsistency of energy-effective green arrangements with existing server farm hardware is a significant test for sellers in the green data center market space. 


Opportunities


Machine learning and Artificial intelligence are required to assume a considerable part, later on, to productively power and excellent server farms across the world for data center trends 2020. For example, Google has been working with British AI organization DeepMind to build up an AI calculation that will help decline the force required for cooling purposes without requiring costly server farms' movements. The AI moves toward the cooling power issue from the viewpoint of enhancing compelling force the executives. Utilizing profound learning strategies, the AI separates immense amounts of verifiable information from different parts of working the server farm and uses prescient demonstration to check the impact on energy utilization.


Cumulative Growth Analysis


The worldwide green data center market was esteemed at USD 35.23 billion every 2017 and is needed to arrive at an estimation of USD 120.48 billion by 2023 at a CAGR of 22.74% during the gauge time frame (2018-2023).


Value Chain Analysis


A green data center market gives the very highlights and capacities of a commonplace server farm; however, it devours less energy and space. The plan and activities are harmless to the ecosystem. The key market drivers incorporate expanding utilization of power, severe natural guidelines, increment interest for information stockpiling the executives, and rising energy cost. Notwithstanding, the absence of mindfulness about the advantages of the green data center market, high introductory expense, and contradiction with the present server farm is required to upset the market development.


Segmental Overview



  • By data center size - According to data center size, this green data center market is again segmented into two segments as Small and Medium-sized data centers and large data centers.

  • By verticals - Based on verticals, the green data center market fragmented into various parts such as BFSI, Media and Entertainment, IT and Telecom, Healthcare, Retail, Manufacturing, Government and Defense, and others. 

  • By components - This green data center market is segmented into various parts according to components such as Solutions (Cooling, Power, IT) and Services (Design and Consulting, Installation and Deployment, Maintenance and Support). 


Competitive landscape

The worldwide green data center market by specific regions covers five significant geographic locales, particularly Asia Pacific (APAC), North America, Middle East and Africa (MEA), Europe, and Latin America. Asia Pacific is relied upon to become the most noteworthy attributable to the rising web and PDA infiltration.


Following are the major key players of the Green data center market:



  • Schneider Electric (France)

  • Vertiv (US)

  • Hewlett Packard Enterprise (US)

  • Green Revolution Cooling (US)

  • Midas Green Technologies (US)

  • Delta Electronics (Taiwan)

  • Rittal (Germany) 

  • Eaton (Ireland)

  • Cisco (US)

  • Nortek Air Solutions (US)

  • Dell Technologies (US)

  • Asetek (Denmark)

  • Airedale (UK)

  • Lenovo (Hong Kong)


The green data center is a stockroom for capacity, organization, and appropriation of information in which electrical and PC frameworks are utilized to limit force and carbon impression. The development and activity of a green data center market incorporate reformist advancements and systems that help IT associations to diminish natural effect by booking, checking, and executing activities around server farm climate.


Recent Development


In January 2020, At Annual Meeting of the World Economic Forum, a partnership of the scholarly community and industry delegates reported the Swiss Data Center Efficiency Label with the underlying objective to decarbonize server farms in Switzerland and decrease their general energy utilization. Started by the business affiliation computerized Switzerland and HPE, the coalition has established the Swiss Datacenter Efficiency Association (SDEA), which will possess the mark's appraisal and grant measure. The activity is upheld by the Swiss Federal Office of Energy by the program Swiss Energy.


In October 2020, GRC cooperated with Total Data Center Solutions (TDCS), the leading supplier of mission-basic and inventive foundation answers for Data Centers all through Europe, and the Nordic district zeroed in on carbon decrease and energy productivity.


Report Overview



  • To estimate, characterize, and depict the worldwide green data center market based on end client, arrangement, geography, and industry verticals.

  • A comprehensive examination of the worldwide green data center market by arrangement helps understand the kinds of arrangements that are at present being utilized alongside the variations that would acquire unmistakable quality later on. 

  • Profound knowledge helps the green data center market in understanding the difficult situation across the topographies.

  • Broad examination of the market is led by the following essential item situating and observing the top contenders inside the green data center market structure.



Frequently Asked Questions (FAQ) :


A server data center is a process that brings together an association's everyday IT activities and hardware for the reasons for preparing, putting away, and dispersing information and applications. Since they house an association's generally essential and restrictive resources, server farms are imperative to everyday tasks' coherence.

The quick move toward environment-friendly power sources is speeding up the green data center market development. The development and modernization of green data center market benefits drive the market to ascend in the information being created, setting an appeal on fuel sources to control server farms and cool them.

The initial phase in energy-effectiveness arranging is estimating current energy utilization. The force framework is an essential component in the feature foundation, and knowing where that energy is utilized and by which explicit hardware is fundamental while making, extending, or enhancing a server farm.