According to a new report Global Green Data Center Market, published by KBV research, The Global Green Data Center Market size is expected to reach $142.8 billion by 2026, rising at a market growth of 19.7% CAGR during the forecast period.
The media and entertainment sector are developing a massive amount of content with increasing resolution. The major limitation is to handle this massive amount of unorganized data in a manner that can be scaled up simply and be readily available across the media sector.
Therefore, they consume massive computer storage and other services that need huge power. Owing to the drastic rise in the user-base of Over the Top (OTT) platforms like Amazon Prime and Netflix, the requirement for energy-efficient data centers is vital to serving its customers. Content delivery majorly relies on the performance of the infrastructure on which the content delivery solutions run.
Currently, the imposition of government rules is extremely high, and also companies are confronting problems with a decline in the operational cost of managing their data centers. Moreover, with the increasing electricity costs, BFSI companies have no other option than to adopt effective and green data centers.
The Solution market dominated the Global Green Data Center Market by Component 2019, and would continue to be a dominant market till 2026; growing at a CAGR of 18.6 % during the forecast period. The Services market is expected to witness a CAGR of 21.9% during (2020 - 2026).
The North American market dominated the Global Green Data Center Market by Region 2019, growing at a CAGR of 18.2 % during the forecast period. The Europe market is experiencing a CAGR of 18.8% during (2020 - 2026). Additionally, The Asia Pacific market is showcasing a CAGR of 21.8% during (2020 - 2026).
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Dell Technologies, Inc., Hewlett Packard Enterprise Company, Eaton Corporation PLC, Schneider Electric SE, Vertiv Holdings Co., Delta Electronics, Inc., Cisco Systems, Inc., Midas Green Technologies LLC, Green Revolution Cooling, Inc., and Rittal GmbH & Co. KG (Friedhelm Loh Group).
Global Green Data Center Market Segmentation
- Information Technology
By Data Center Size
- Large Data Centers
- Small & Medium Data Centers
- IT & Telecom
- Government & Defense
- Consumer Goods & Retail
- Rest of North America
- Rest of Europe
- South Korea
- Rest of Asia Pacific
- Saudi Arabia
- South Africa
- Rest of LAMEA
- Dell Technologies, Inc.
- Hewlett Packard Enterprise Company
- Eaton Corporation PLC
- Schneider Electric SE
- Vertiv Holdings Co.
- Delta Electronics, Inc.
- Cisco Systems, Inc.
- Midas Green Technologies LLC
- Green Revolution Cooling, Inc.
- Rittal GmbH & Co. KG (Friedhelm Loh Group)