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Global Green Data Centre Market Set to Surge Past US$62.1 Billion in 2024, with Continued Growth to 2034 - ResearchAndMarkets.com

The "Green Data Centre Market Report 2024-2034" report has been added to ResearchAndMarkets.com's offering. Overall world revenue for the Green Data Centre Market in terms of value the market will sur...

Business Wire

DUBLIN: The "Green Data Centre Market Report 2024-2034" report has been added to ResearchAndMarkets.com's offering.

Overall world revenue for the Green Data Centre Market in terms of value the market will surpass US$62.1 billion in 2024.

The Rising Demand for Energy-Efficient Infrastructure, Coupled with Stringent Regulations Promoting Green Initiatives, Has Propelled the Adoption of Eco-Friendly Data Centre Solutions.

Increasing environmental concerns and the need for sustainable business practices, the green data centre market is experiencing rapid expansion globally. The rising demand for energy-efficient infrastructure, coupled with stringent regulations promoting green initiatives, has propelled the adoption of eco-friendly data centre solutions. Furthermore, the escalating costs of traditional energy sources and the desire for long-term cost savings are incentivizing organizations to invest in green data centre technologies.

Amidst this growth, numerous opportunities are emerging within the market. The expansion of renewable energy sources, advancements in cooling technologies, and the development of energy-efficient hardware and software solutions offer significant potential for innovation and market penetration. Additionally, the growing awareness of environmental sustainability among consumers and businesses alike is driving the demand for green data centre services, creating new avenues for market players to capitalize on.

However, the green data centre market is not without its challenges. One major obstacle is the high upfront costs associated with implementing green infrastructure and technologies. Moreover, compatibility issues with existing data centre infrastructure, regulatory complexities, and the need for skilled personnel to manage green initiatives pose additional challenges to market growth. Overcoming these hurdles will require strategic planning, investment in research and development, and collaboration between industry stakeholders.

High Investments in Existing Infrastructure Hinder the Market Growth

One of the significant restraining factors affecting the green data centre market is the high investments required in existing infrastructure, which hinders market growth. Many organizations already have established data centre facilities with significant investments in traditional infrastructure, including cooling systems, power distribution units, and backup power systems. Transitioning to greener alternatives often necessitates substantial capital investments to upgrade or replace these existing infrastructure components. These investments may include retrofitting existing data centres with energy-efficient equipment, implementing renewable energy sources, and deploying advanced cooling technologies.

Forecasts to 2034 and other analyses reveal commercial prospects

  • In addition to revenue forecasting to 2034, the new study provides you with recent results, growth rates, and market shares.
  • You will find original analyses, with business outlooks and developments.
  • Discover qualitative analyses (including market dynamics, drivers, opportunities, restraints and challenges), cost structure, impact of rising green data centre prices and recent developments.

Key Market Dynamics

Market Driving Factors

  • Rising Cost of Electricity Driving the Green Data Centre Market
  • Advancement in Energy-Efficient Cooling Solutions Driving the Market
  • Major Vendors Offering ECO Modes in UPS to Drive the Adoption of Green Data Centre

Market Restraining Factors

  • High Investments in Existing Infrastructure Hinder the Market Growth
  • Retrofitting Existing Data Centres with Green Technologies can be Challenging Due to Compatibility Issues
  • A Shortage of Skilled labour can Hinder the Market Growth

Market Opportunities

  • Emergence of AI in Data Centre Opportunities for the Market
  • Collaboration Between Technology Providers, Energy Companies, and Government Agencies opportunities for the Market
  • Expansion of Green Data Centre Opportunities for the Market

     

Segments Covered in the Report

Market Segment by Size

  • Small and Medium-sized Data Centers
  • Large Data Centers

Market Segment by Component

  • Design and Consulting
  • Installation and Deployment
  • Maintenance and Support

Market Segment by Technology

  • Direct Liquid Cooling
  • Close-Coupled Refrigerant Cooling
  • Free Cooling/Hardening
  • Other Technology

Market Segment by System

  • Software Power Management
  • Energy-aware Workload Allocation
  • Dynamic Provisioning
  • Energy-aware Networking
  • Other Systems

Market Segment by Vertical

  • BFSI
  • IT and Telecom
  • Media and Entertainment
  • Healthcare
  • Government and Defense
  • Other Verticals

In addition to the revenue predictions for the overall world market and segments, you will also find revenue forecasts for four regional and 20 leading national market.

The report also includes profiles and for some of the leading companies in the Green Data Centre Market, 2024 to 2034, with a focus on this segment of these companies' operations.

Leading companies and the potential for market growth

  • Cisco Systems Inc.
  • DCX Liquid Cooling Systems
  • Dell Technologies Inc.
  • Delta Electronics, Inc
  • Eaton Corporation plc
  • Fujitsu Limited
  • Green Revolution Cooling
  • Hewlett Packard Enterprise Company
  • Lenovo Group Limited
  • Midas Immersion Cooling
  • Rittal
  • Schneider Electric SE
  • Submer
  • Vertiv Holdings Co.
  • ZutaCore, Inc.

In summary, the report provides you with the following knowledge:

  • Revenue forecasts to 2034 for Green Data Centre Market, 2024 to 2034 Market, with forecasts for size, component, technology, system, and vertical, each forecast at a global and regional level - discover the industry's prospects, finding the most lucrative places for investments and revenues.
  • Revenue forecasts to 2034 for four regional and 20 key national markets - See forecasts for the Green Data Centre Market, 2024 to 2034 market in North America, Europe, Asia-Pacific, Latin America and Middle East & Africa. Also forecasted is the market in the US, Canada, Brazil, Germany, France, UK, Italy, China, India, Japan, Singapore, and Hong Kong among other prominent economies.
  • Prospects for established firms and those seeking to enter the market - including company profiles for 15 of the major companies involved in the Green Data Centre Market, 2024 to 2034.

For more information about this report visit https://www.researchandmarkets.com/r/3oc3c5

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

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