▾ G11 Media Network: | ChannelCity | ImpresaCity | SecurityOpenLab | GreenCity | Italian Channel Awards | Italian Project Awards | ...
InnovationOpenLab

Global Sustainable Data Center Market Sees Notable Growth with Increased Focus on Renewable Energy and Efficient Cooling Solutions - ResearchAndMarkets.com

The "Global Sustainable Data Center Market - Outlook & Forecast 2023-2028" report has been added to ResearchAndMarkets.com's offering. The global landscape of data centers is undergoing a pivotal ...

Business Wire

DUBLIN: The "Global Sustainable Data Center Market - Outlook & Forecast 2023-2028" report has been added to ResearchAndMarkets.com's offering.

The global landscape of data centers is undergoing a pivotal shift towards sustainability and efficiency, as revealed in a comprehensive new research publication now available on our website. The comprehensive analysis of the sustainable data center market showcases a surge in the industry, with projected growth at a CAGR of 9.72% from 2022 to 2028, reflecting broadening investments and innovations in this crucial technological field.

Highlighted within the report are the catalytic policy drivers and regulations promoting the green data center development market, including impactful agreements and standards such as the Paris Agreement, the Climate Neutral Data Centre Pact, and eco-friendly certifications like LEED and ISO50001. These initiatives have been instrumental in propelling the Latin American market towards greener data center solutions and are anticipated to make significant strides by 2030 as facilities shift to rely solely on renewable energy sources.

Key Market Trends Emphasizing Renewable Energy and Efficiency

  • Hyperscale data center leaders such as AWS, Google, and Meta are increasingly procuring renewable energy to power operations, with some providers like QTS Realty Trust aiming to achieve 100% renewable energy usage by 2025.
  • Emerging cooling technologies, including free cooling chillers and liquid immersion cooling, are set to reduce power consumption, directly influencing the data center's Power Use Effectiveness (PUE) and bolstering environmental sustainability.
  • Tropical climate test beds, like those underway in Singapore, signal a promising future for more efficient data centers in similar global climates.

Strides in Government Support and Modular Data Center Deployment

In a powerful government push toward sustainability, significant funding has been allocated by entities such as the US Department of Energy to support R&D in energy-efficient cooling solutions, highlighting the importance of innovation in the sector. Additionally, modular data centers are being recognized for their reduced environmental impact and operational cost savings, with a 30% reduction compared to traditional data centers. The utilization of plant-based and other sustainable construction materials further illustrates the market's shift to environmentally conscious alternatives.

Geographical Analysis: Western Europe and the Nordics at the Forefront

The report's geographic analysis reveals that Western Europe and Nordic countries are leading in the adoption of renewable energy sources for data center operations. North America, along with several APAC nations, shows a strong commitment to sustainability, with extensive use of renewable energy, while other regions are progressively contributing to the global sustainability effort with their own initiatives.

Vendor Landscape and Segment Insights

As the vendor landscape evolves, large-scale colocation and hyperscale data center operators are crucial drivers for market growth, adopting advanced systems like lithium-ion UPS and microgrids to enhance sustainability. The electrical and mechanical infrastructure segments are also spotlighted for their role in supporting market growth through the deployment of modern, eco-friendly solutions.

Key Attributes:

Report Attribute Details
No. of Pages 492
Forecast Period 2022 - 2028
Estimated Market Value (USD) in 2022 $31.25 Billion
Forecasted Market Value (USD) by 2028 $54.53 Billion
Compound Annual Growth Rate 9.7%
Regions Covered Global

 

 

A selection of companies mentioned in this report includes

  • ACCONIA Energia
  • AGL
  • AMP Energy
  • AQ Compute
  • Adani Green Energy (AGEL)
  • Africa Data Centres
  • AirTrunk
  • Airtel (Nxtra Data)
  • Algonquin Power & Utilities Corp.
  • Alibaba Cloud
  • Aligned Data Centers
  • Amazon Web Services (AWS)
  • American Tower
  • Apex Clean Energy
  • Apple
  • Atman
  • atNorth
  • Avaada Energy
  • Better Energy
  • Big Data Exchange (BDx)
  • Bryt Energy
  • CDC Data Centres
  • Chayora
  • China Telecom
  • Chindata Group
  • CloudHQ
  • Cologix
  • Colt Data Centre Services (COLT DCS)
  • Compass Datacenters
  • Conrad Energy
  • Corscale Data Centers
  • CtrlS Datacenters
  • CyrusOne
  • Cyxtera Technologies
  • DE Shaw Renewable Investments
  • Data4 Group
  • DataBank
  • Datafarm Energy
  • Digital Edge DC
  • Digital Realty
  • Distributed Power Technologies
  • Dominion Energy
  • EDF Renewables
  • ERG
  • EdgeConneX
  • Eneco
  • Enel Group
  • Engie
  • Equinix
  • Faro Energy
  • Flexential
  • GDS Services
  • Global Switch
  • Google
  • Green Mountain (AZRIELI GROUP)
  • GreenSquareDC
  • GreenYellow
  • Gulf Data Hub
  • HDF Energy
  • HostDime
  • Huawei Technologies
  • IXAfrica
  • Iberdrola
  • Ilmatar Energy
  • Iron Mountain
  • KIO Networks
  • Kao Data
  • Keppel Data Centres
  • Khazna Data Centers
  • Leeward Renewable Energy
  • Lightsource bp
  • Lumen Technologies (Cirion Technologies)
  • MC Retail Energy
  • MP2 Energy
  • Meta
  • Microsoft
  • Moro Hub
  • NEXTDC
  • NTR
  • NTT Global Data Centers
  • Nautilus Data Technologies
  • Neoen
  • Netia
  • NextEra Energy
  • Novva Data Centers
  • Ørsted
  • OVHcloud
  • OneAsia Network
  • Oracle
  • Orange Business Services
  • Pacific Gas and Electric Company
  • Pattern Energy
  • Penta Infra
  • Princeton Digital Group
  • QTS Realty Trust
  • RWE Renewables
  • RZK Energia
  • RackBank
  • Raxio Group
  • ReNew Power
  • Renantis
  • Rocky Mountain Power
  • Rostelecom Data Centers
  • ST Telemedia Global Data Centres
  • STACK Infrastructure
  • SUNeVision Holdings
  • Sabey Data Centers
  • Scala Data Centers
  • ScottishPower
  • Serverfarm
  • Shell
  • Shizen Energy
  • Sify Technologies
  • Simply Energy
  • Solar Alliance
  • SpaceDC
  • Sunseap Group
  • Switch
  • T5 Data Centers
  • Telehouse
  • Tencent Cloud
  • Tenglong Holdings Group
  • The AES Corporation
  • Torch Clean Energy
  • TotalEnergies
  • VNET Group
  • Vantage Data Centers
  • Yandex
  • Yondr
  • Yotta Infrastructure

For more information about this report visit https://www.researchandmarkets.com/r/vpot02

About ResearchAndMarkets.com

ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Fonte: Business Wire

If you liked this article and want to stay up to date with news from InnovationOpenLab.com subscribe to ours Free newsletter.

Related news

Last News

The Etna Valley will be a main European semiconductors hub

The EU ChipsJU program will fund the development of innovative semiconductors production lines in Catania, thanks to an international consortium led by…

Bending Spoons acquires StreamYard

The Italian tech company has entered into an agreement to buy the US based live-streaming and video-recording business

HR startup's market is on fire, ask to Factorial

Factorial secures $80M of Go-To-Market investment from General Catalyst to accelerate growth.

Awentia brings Italian Deep Tech to South America

From Imola, Awentia Agritech will take its Smart Agriculture technologies to Argentinian companies Ava Fruit, Doña Paula and Bodega A16

Most read

The Etna Valley will be a main European semiconductors hub

The EU ChipsJU program will fund the development of innovative semiconductors production lines in Catania, thanks to an international consortium led by…

Newsletter signup

Join our mailing list to get weekly updates delivered to your inbox.

Sign me up!