
Green Data Center Market Size, Share, and Analysis, By Component (Solutions and Services), By Enterprise Size (Large Enterprises and Small & Medium-Sized Enterprises), By Vertical (Healthcare, Financial Services, Government, Telecom & IT, and Other Indust
Description
Green Data Center Market Size, Share, and Analysis, By Component (Solutions and Services), By Enterprise Size (Large Enterprises and Small & Medium-Sized Enterprises), By Vertical (Healthcare, Financial Services, Government, Telecom & IT, and Other Industries), By Region (North America, Europe, Asia-Pacific, and Rest of the World), And Regional Forecast 2024-2034
Green Data Center Market Size, Share, and Analysis, By Component (Solutions and Services), By Enterprise Size (Large Enterprises and Small & Medium-Sized Enterprises), By Vertical (Healthcare, Financial Services, Government, Telecom & IT, and Other Industries), By Region (North America, Europe, Asia-Pacific, and Rest of the World), And Regional Forecast 2024-2034
PRODUCT OVERVIEW
The Green Data Center Market is forecasted to demonstrate a Compound Annual Growth Rate (CAGR) of 19% from 2024 to 2034. With a valuation of USD 66.4 billion in 2023, it is expected to surge to USD 449.6 billion by 2034.
Green data center is a facility that is designed to reduce the environmental impact and energy consumption of data centers while providing better efficiency. They perform this through various methods such as using renewable energy sources such as solar or wind power, combined with improving cooling systems to reduce energy usage and installing energy-efficient hardware and infrastructure. In addition, green data centers frequently implement modern technologies like virtualization and consolidation to make better use of computing resources. These centers focus on sustainability by recycling waste heat, utilizing eco-friendly construction materials, and adopting innovative cooling techniques such as liquid cooling. Therefore, by integrating these practices, green data centers aim to reduce carbon emissions and remove their ecological footprint, which contributes to a more sustainable future for data processing and storage needs.
MARKET HIGHLIGHTS
Green data center market is expected to reach USD 449.6 billion during the forecast period driven by increasing environmental consciousness and the need for sustainable IT infrastructure. Organizations across the world are continuously striving to reduce their carbon footprint, which creates demand for energy-efficient data centers. Additionally, recent market dynamics reveal a shift towards renewable energy sources like solar and wind power to power data center operations, which again boost the adoption of green technologies. Besides, growing expenses for conventional energy sources and the possibility of cost savings with green data centers encourage the establishment of green data centers. Thus, major players in the IT sector are making substantial investments in green initiatives, which foster innovation and competition in the green data center market. As a result, the green data center sector will witness continuous growth as it provides promising opportunities for businesses that prioritize sustainability and environmental responsibility.
Green Data Center Market Segments:
- By Component
- Solutions
- Services
- By Enterprise Size
- Large Enterprises
- Small & Medium-Sized Enterprises
- By Vertical
- Healthcare
- Financial Services
- Government
- Telecom & IT
- Other Industries
Growth Drivers
Rising Environmental Awareness is Expected to Foster Market Expansion
Regulatory Pressures Will Aid in the Adoption of Green Data Centers
Restraint
High Investment Costs can Limit the Growth of the Green Data Centers Market
Key Players
- Microsoft
- Amazon Web Services (AWS)
- IBM
- Oracle
- Cisco Systems
- Dell Technologies
- Apple
- Hewlett Packard Enterprise (HPE)
- Intel Corporation
- Schneider Electric
- Siemens AG
- VMware
- Equinix
- Other Prominent Players (Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)
- North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
- Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
- Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
- Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
- Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA
- Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
- Provision of market value (USD Billion) data for each segment and sub-segment
- Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
- Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
- Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
- Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
- The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
- Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
- Provides insight into the market through Value Chain
- Market dynamics scenario, along with growth opportunities of the market in the years to come
- 3-month post-sales analyst support.
Table of Contents
501 Pages
- 1.Executive Summary
- 1.1. Regional Market Share
- 1.2.Business Trends
- 1.3. Global Green Data Center Market: COVID-19 Outbreak
- 1.4. Regional Trends
- 1.5. Segmentation Snapshot
- 2. Research Methodology
- 2.1.Research Objective
- 2.2. Research Approach
- 2.3. Data Sourcing and Methodology
- 2.4.Primary Research
- 2.5.Secondary Research
- 2.5.1.Paid Sources
- 2.5.2. Public Sources
- 2.6. Market Size Estimation and Data Triangulation
- 3. Market Characteristics
- 3.1.Market Definition
- 3.2.Global Green Data Center Market: COVID-19 Impact
- 3.3. Key Segmentations
- 3.4.Key Developments
- 3.5.Allied Industry Data
- 4.Global Green Data Center Market – Industry Insights
- 4.1. Industry Segmentation
- 4.2.COVID-19 overview of world economy
- 4.3.Industry Ecosystem Channel Analysis
- 4.4.Innovation & Sustainability
- 5. Macroeconomic Indicators
- 6. Recent Developments
- 7. Market Dynamics
- 7.1.Introduction
- 7.2. Growth Drivers
- 7.3. Market Opportunities
- 7.4.Market Restraints
- 7.5. Market Trends
- 8.Risk Analysis
- 9. Market Analysis
- 9.1.Porter"s Five Forces
- 9.2. PEST Analysis
- 9.2.1.Political
- 9.2.2. Economic
- 9.2.3. Social
- 9.2.4. Technological
- 10.Global Green Data Center Market
- 10.1.Overview
- 10.2. Historical Analysis (2018-2022)
- 10.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast
- 11. Global Green Data Center Market Size & Forecast 2024A-2034F
- 11.1. Overview
- 11.2.Key Findings
- 11.3.Market Segmentation
- 11.3.1.By Component
- 11.3.1.1. Solutions
- 11.3.1.1.1.By Value (USD Million) 2024A-2034F
- 11.3.1.1.2. Market Share (%) 2024A-2034F
- 11.3.1.1.3. Y-o-Y Growth (%) 2024A-2034F
- 11.3.1.2.Services
- 11.3.1.2.1. By Value (USD Million) 2024A-2034F
- 11.3.1.2.2.Market Share (%) 2024A-2034F
- 11.3.1.2.3.Y-o-Y Growth (%) 2024A-2034F
- 11.3.2. By Enterprise Size Size
- 11.3.2.1.Large Enterprise Sizes
- 11.3.2.1.1. By Value (USD Million) 2024A-2034F
- 11.3.2.1.2.Market Share (%) 2024A-2034F
- 11.3.2.1.3.Y-o-Y Growth (%) 2024A-2034F
- 11.3.2.2. Small and Medium-Sized Enterprise Sizes
- 11.3.2.2.1.By Value (USD Million) 2024A-2034F
- 11.3.2.2.2. Market Share (%) 2024A-2034F
- 11.3.2.2.3. Y-o-Y Growth (%) 2024A-2034F
- 11.3.3.By Vertical
- 11.3.3.1.Healthcare
- 11.3.3.1.1. By Value (USD Million) 2024A-2034F
- 11.3.3.1.2.Market Share (%) 2024A-2034F
- 11.3.3.1.3.Y-o-Y Growth (%) 2024A-2034F
- 11.3.3.2. Financial Services
- 11.3.3.2.1.By Value (USD Million) 2024A-2034F
- 11.3.3.2.2. Market Share (%) 2024A-2034F
- 11.3.3.2.3. Y-o-Y Growth (%) 2024A-2034F
- 11.3.3.3. Government
- 11.3.3.3.1.By Value (USD Million) 2024A-2034F
- 11.3.3.3.2. Market Share (%) 2024A-2034F
- 11.3.3.3.3. Y-o-Y Growth (%) 2024A-2034F
- 11.3.3.4. Telecom and IT
- 11.3.3.4.1.By Value (USD Million) 2024A-2034F
- 11.3.3.4.2. Market Share (%) 2024A-2034F
- 11.3.3.4.3. Y-o-Y Growth (%) 2024A-2034F
- 11.3.3.5. Other Industries
- 11.3.3.5.1.By Value (USD Million) 2024A-2034F
- 11.3.3.5.2. Market Share (%) 2024A-2034F
- 11.3.3.5.3. Y-o-Y Growth (%) 2024A-2034F
- 12.North America Green Data Center Market Size & Forecast 2024A-2034F
- 12.1.Overview
- 12.2. Key Findings
- 12.3. Market Segmentation
- 12.3.1.By Component
- 12.3.2. By Enterprise Size
- 12.3.3. By Vertical
- 12.4. Country
- 12.4.1. United States
- 12.4.2. Canada
- 13.Europe Green Data Center Market Size & Forecast 2024A-2034F
- 13.1.Overview
- 13.2. Key Findings
- 13.3. Market Segmentation
- 13.3.1.By Component
- 13.3.2. By Enterprise Size
- 13.3.3. By Vertical
- 13.4.Country
- 13.4.1.Germany
- 13.4.2. United Kingdom
- 13.4.3. France
- 13.4.4. Italy
- 13.4.5. Spain
- 13.4.6. Russia
- 13.4.7. Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)
- 14.Asia-Pacific Green Data Center Market Size & Forecast 2024A-2034F
- 14.1. Overview
- 14.2. Key Findings
- 14.3.Market Segmentation
- 14.3.1.By Component
- 14.3.2. By Enterprise Size
- 14.3.3. By Vertical
- 14.4. Country
- 14.4.1. India
- 14.4.2. China
- 14.4.3. South Korea
- 14.4.4.Japan
- 14.4.5.Rest of APAC
- 15.Middle East and Africa Green Data Center Market Size & Forecast 2024A-2034F
- 15.1.Overview
- 15.2. Key Findings
- 15.3. Market Segmentation
- 15.3.1.By Component
- 15.3.2. By Enterprise Size
- 15.3.3. By Vertical
- 15.4.Country
- 15.4.1.Israel
- 15.4.2. GCC
- 15.4.3. North Africa
- 15.4.4.South Africa
- 15.4.5. Rest of Middle East and Africa
- 16. Latin America Green Data Center Market Size & Forecast 2024A-2034F
- 16.1.Overview
- 16.2. Key Findings
- 16.3. Market Segmentation
- 16.3.1.By Component
- 16.3.2. By Enterprise Size
- 16.3.3. By Vertical
- 16.4.Country
- 16.4.1.Mexico
- 16.4.2. Brazil
- 16.4.3. Rest of Latin America
- 17. Competitive Landscape
- 17.1.Company market share, 2021
- 17.2. Key player overview
- 17.3. Key stakeholders
- 18. Company Profiles
- 18.1. Google
- 18.1.1.Company Overview
- 18.1.2.Financial Overview
- 18.1.3.Key Product; Analysis
- 18.1.4.Company Assessment
- 18.1.4.1. Product Portfolio
- 18.1.4.2.Key Clients
- 18.1.4.3.Market Share
- 18.1.4.4.Recent News & Development (Last 3 Yrs.)
- 18.2. Microsoft
- 18.3. Amazon Web Services (AWS)
- 18.4. Facebook
- 18.5. Apple
- 18.6. IBM
- 18.7. Oracle
- 18.8. Cisco Systems
- 18.9. Dell Technologies
- 18.10.Hewlett Packard Enterprise Size (HPE)
- 18.11.Intel Corporation
- 18.12. Schneider Electric
- 18.13. Siemens AG
- 18.14.VMware
- 18.15. Equinix
- 18.16. Other Prominent Players
- 19. Appendix
- 20.Consultant Recommendation
Pricing
Currency Rates
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