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According to a report released by Markets and Markets, an international market research institution, the global green data center market will increase from $49.
2 billion in 2020 to $140.
3 billion by 2026, with a compound annual growth rate of 19.
1%
during the period.
The green data center market is becoming increasingly popular in various regions and has attracted the attention of many enterprises and institutions, who have begun to deploy green data center solutions to save money
.
By sector, the information technology (IT) segment will maintain the largest market size
during the forecast period.
Information technology (IT) includes green data center servers
.
The previous generation of servers used in data centers was dedicated to getting the most processing power
in the smallest of spaces.
However, in the current situation, with the increase in electricity costs and environmental awareness, companies are starting to pay more attention to the power and cooling requirements
of servers.
Green servers are energy-saving servers
that offer more processing power, consume less energy, and are environmentally friendly.
These green servers can help companies reduce the power consumption and associated costs
of data centers.
In terms of service type, the design and consulting services segment will grow
at the highest CAGR during the forecast period.
Design and consulting services to support
the establishment and management of green data center infrastructure.
These services provide a resource of expertise from the data center industry to help customers better understand their green data center infrastructure
.
This includes identifying requirements for power and power capacity, types of power solutions, thermal and server solutions and related issues, and meeting customer requirements to improve data center efficiency
.
From the perspective of regional market, North America will account for the largest market size
during the forecast period.
The adoption of advanced technologies and designs in data centers in this geographic region is increasing
significantly.
Similarly, the emergence of several key players and the rise of emerging companies are also factors contributing to
the development of green data centers in the region.
In addition, data center operators or enterprises face various problems
such as increased operating costs, increased energy consumption, and limited IT budgets.
To overcome these issues, the company has begun to adopt new and advanced green technologies to power and dissipate
heat from data centers.
Major countries in North America contributing to the green data center market include the United States and Canada
.
According to a report released by Markets and Markets, an international market research institution, the global green data center market will increase from $49.
2 billion in 2020 to $140.
3 billion by 2026, with a compound annual growth rate of 19.
1%
during the period.
The green data center market is becoming increasingly popular in various regions and has attracted the attention of many enterprises and institutions, who have begun to deploy green data center solutions to save money
.
By sector, the information technology (IT) segment will maintain the largest market size
during the forecast period.
Information technology (IT) includes green data center servers
.
The previous generation of servers used in data centers was dedicated to getting the most processing power
in the smallest of spaces.
However, in the current situation, with the increase in electricity costs and environmental awareness, companies are starting to pay more attention to the power and cooling requirements
of servers.
Green servers are energy-saving servers
that offer more processing power, consume less energy, and are environmentally friendly.
These green servers can help companies reduce the power consumption and associated costs
of data centers.
In terms of service type, the design and consulting services segment will grow
at the highest CAGR during the forecast period.
Design and consulting services to support
the establishment and management of green data center infrastructure.
These services provide a resource of expertise from the data center industry to help customers better understand their green data center infrastructure
.
This includes identifying requirements for power and power capacity, types of power solutions, thermal and server solutions and related issues, and meeting customer requirements to improve data center efficiency
.
From the perspective of regional market, North America will account for the largest market size
during the forecast period.
The adoption of advanced technologies and designs in data centers in this geographic region is increasing
significantly.
Similarly, the emergence of several key players and the rise of emerging companies are also factors contributing to
the development of green data centers in the region.
In addition, data center operators or enterprises face various problems
such as increased operating costs, increased energy consumption, and limited IT budgets.
To overcome these issues, the company has begun to adopt new and advanced green technologies to power and dissipate
heat from data centers.
Major countries in North America contributing to the green data center market include the United States and Canada
.
