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

Green Data Center Market Size and Overview

Globally, the size of the green data center market is expected to rise at a CAGR of 37.9%, with a value of USD 197.72 billion by 2027 driven by growing environmental consciousness and the widespread adoption of the data centers to store and manage the constantly increasing amounts of data.

A green data centre refers to an environment-friendly environment that accommodates the computers and servers for storing, managing, and distributing the data. It primarily operates on solar, wind, or hydropower, and the components are designed for maximum energy and minimal carbon footprint. Some typically used ingredients include the energy-conserving power supply, centralized humidification, efficient servers, routers, heating, ventilation and air conditioning, and light-emitting diode systems. Compared to the traditionally used data centres, these systems aid in segregating the workload, provide centralized control and ease of the data migration, are more resilient, and offer the next-generation storage experience to the user.

The market is primarily driven by the growing requirement for energy-efficient computing systems, further facilitated by increasing digitization. However, growing environmental consciousness and the widespread adoption of the data centres to store and manage the constantly increasing amounts of data are driving the market growth. The green data centres are usually designed with on-site wind and solar farms constructed on the terrace of the building or facility.

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

The green data centre market is highly competitive due to the several market players that run their business domestically and internationally. The market appears to be moderately concentrated. The key strategies adopted by the major players are product innovation and mergers and acquisitions. Some of the major industrial players are Cisco Technology Inc., IBM Corporation, Dell EMC Inc., Fujitsu Ltd., and others.

September 2021

Schneider Electric and the Enel Group announced the Net Zero Carbon Cities Toolbox beta version for sustainable development that impacts global market sectors. This toolbox contains a range of decarburization solutions for urban transformation in buildings, mobility, data centres, and water management.

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.