A green data center is a warehouse for the administration, storage, and distribution of data in which electrical and computer systems are used to diminish power and carbon footprint. The green data center includes progressive strategies and technologies that help IT organizations to reduce environmental impact by scheduling, gauging, and implementing initiatives around the data center environment. Although a green data center offers the same capabilities and features as a typical data center, it consumes less space and energy, and the design and operations are environmentally friendly.
MARKET SCOPE
The "Global Green Data Center Market Analysis to 2028" is a specialized and in-depth study with a special focus on the global market trend analysis. The report aims to provide an overview of the green data center market with detailed market segmentation by component, industry, data center size, and geography. The report provides key statistics on the market status of the leading green data center market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- ?Based on component, the market is segmented into solutions and services.?Based on industry, the market is segmented into BFSI, retail, telecom and IT, healthcare, and others.?Based on data center size, the market is segmented into small and medium data centers and large data centers.
Drivers
- ?The increasing consumption of electricity, increase demand for data storage management, stringent environmental regulations, and rising energy costs are some of the significant factors driving the growth of the green data center market.?Moreover, huge growth in the demand for data storage because of rapidly surging data traffic is anticipated to boost the growth of the green data center market.
- ?High initial cost, lack of awareness about the benefits of the green data center, and incompatibility with the present data center are some of the major factors which may restrain the growth of the green data center market.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The green data center market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both the demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social, and technological factors affecting the green data center market in these regions.
IMPACT OF COVID-19 ON GREEN DATA CENTER MARKET
COVID-19 first began in Wuhan (China) in December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms of confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. The shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in the global market. Few companies have already announced possible delays in product deliveries and slumps in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the green data center market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of the business and customer base of market players. The market players from the green data center market are anticipated to have lucrative growth opportunities in the future with the rising demand in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the green data center market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- ?Cisco Systems, Inc.?Delta Power Solutions?Digital Realty Trust?Eaton?Equinix, Inc.?FUJITSU?HCL Technologies Limited?Hewlett Packard Enterprise Development LP?IBM?Schneider Electric