A competitive overview of green data center market: heavy investments in green infrastructure development to augment the industry expansion over 2018-2024
Green data center market is gaining immense popularity lately with the rise in concerns about the increasing energy costs impacting operational and economic efficiency. Most companies are presently implementing strategies to improve cooling and power infrastructure which is one of the vital factors influencing organizational performance, reliability, and serviceability. The shifting trends toward the deployment of green data centers for storing, managing, and distributing information have helped many software companies reduce energy consumption as well as the total energy cost. In fact, energy conscious companies are heavily investing in development of these centers for regaining cooling and power capacities, thereby providing impetus to green data center industry share.
Germany green data center market size, by solution, 2017 & 2024 (USD Million)
Though expensive, considering the long-term benefits of this technology, numerous companies ranging from internet giants to automotive biggies and manufacturing firms to software companies have been involved in green data center infrastructure development. The paragraphs below succinctly elaborate the contribution of myriad companies propelling efficient data center industry share.
In 2018, the leading industry behemoth, Siemens signed a deal with the Irish renewable energy contributor, CES Energy for providing on-site electrical generation services for data centers of various technology multinationals located in Ireland. This on-site energy generation is touted to be rather beneficial for data centers in terms of reducing carbon footprints and energy costs, in addition to helping them meet their data center timeframes with the supply of reliable power. The incidence validates that the availability of renewable energy facilities ensuring on-site generation assistance for achieving emission targets will prove to be a key factor reducing the carbon emissions across Ireland, strengthening green data center market trends.
Get a Sample Copy of this Report @ https://www.gminsights.com/request-sample/detail/2420
Ireland seems to be an ideal location for the establishment of data centers pertaining to climatic conditions, on the grounds of which green data center industry players have been focusing on facility expansion across the nation. Taking into account the shifting focus of technology companies, the regional government is striving to establish Ireland as the European data capital. A few months earlier, the renowned e-commerce contributor, Amazon received approval from the Ireland government to construct a new data center facility in Dublin. The government provided land of 223,000 square feet for the center and an investment of EUR 200 million, with the help of which Amazon plans to establish seven data centers. The implementation of high-profile projects such as the aforementioned is certain to propel Ireland effective data center market.
Presently, many tech giants are looking forward to investing in data center infrastructure development across well-established industrial parks. Through this business expansion strategy, these companies plan to facilitate most of the energy so generated for enhancing operational efficiency. Validating the aforementioned fact, recently, social media giant, Facebook made it to the headlines for planning to invest USD 750 million to develop a data center facility in Huntsville based in Alabama after receiving approval from the local officials. In order to supply power to this facility, Facebook plans to use 100% energy from renewables. The company’s strategy is certain to help Alabama achieve economy benefits, as it is touted to receive about USD 300 million in new tax revenue from Facebook’s future data center over the coming 30 years. It is thus overt that massive investments in renewable data center facilities are likely to impel green data center market size across several geographies.
In addition to already established behemoths like Google and Facebook, many start-up companies are also entering green data center market. For instance, the U.S.-Norwegian start-up company, Kolos is planning to build the world’s largest data center in Northern Norway that will apparently use local hydropower and chilled air for minimizing energy costs. In order to develop this 600,000 sq/m, four-storey green data center building, Kolos has raised funds from the U.S. investment bank and several Norwegian investors. The start-up company declared that this project will be one of the world’s largest green data center as this plant will receive all the required energy from wind and hydropower, which will reduce energy costs by 60% and provide cost-effective benefits to customers.
The increasing awareness regarding green energy among the regulatory bodies of various topographies is certainly a pivotal factor driving green data center market share. In fact, most of the European countries have already implemented strict regulatory norms to encourage the adoption of renewable energy facilities. In this regard, myriad technology contributors have also started deploying renewable energy powered data centers, which has considerably pushed product demand. The continuous investments in facility expansions for achieving higher working efficiency with the reduction of overall operational cost is likely to boost green data center industry share. For the record, by the end of 2024, green data center market will collect a revenue of USD 25 billion.
Author Name : Sunil Hebbalkar
Increasing deployment of sales and service team in remote areas is likely to surge data center UPS market growth
It is projected that the market size of data center UPS market will go beyond USD 6.5 billion till 2022 and will rise with a CAGR of 7.4% between the years 2015 to 2022 as predicted by Global Market Insights. Growth of new data centers with the reformation of earlier ones is expected to give a considerable boost to the market. Increase in outages and voltage instability will accelerate the demand of capable UPS systems in most of the data centers. Cloud is the hottest technology which renders maximum power in minimum space.
View a summary of the “Data Center UPS Market Size, Industry Analysis Report” @ https://www.gminsights.com/industry-analysis/data-center-UPS-market
Data Center UPS market trend is expected to get an upsurge with this technology. Big data center industries were anticipated to go beyond USD 500 million in the year 2014 and are estimated to touch USD 1 billion till 2022 with a CAGR of 8.5%. Medium centers will rise distinctly because of high demand in diverse fields like universities, cable handling junctions, medical field, government and commercial firms. Small data center market contributed 57% of the overall share in the year 2014 and is likely to rise with a compound annual growth rate of 7%. With great demand in factory floors, medical imaging, industrial sectors, server rooms, the market is expected to boom between the years 2015 to 2022.
North America which is a leading user of UPS was appreciated with USD 1.3 billion and is likely to cross USD 2.1 billion till 2022 with a CAGR of 6.9%. Asia Pacific market is estimated to go beyond USD 1.7 billion till 2022 and is likely to rise with a CAGR more than 8.6% between the years 2015 to 2022. Europe market noticed more than USD 990 million in the year 2014 and is anticipated to cross USD 1.68 billion in the coming years. Speeding up the demand from financial sectors, healthcare industries, insurance services and computing infrastructure is projected to fuel up UPS market share.
Get a Free Sample Copy of this Report @ https://www.gminsights.com/request-sample/detail/116
Saturation in semiconductor industry is projected to obstruct the demand in the coming six years. Many global U.S. manufacturers are estimated to raise their voice for the slowdown of industries. Countries like China and Taiwan, which are considered as electronics center, will be impacted more thus, disturbing the overall demand in industries.
Major industries which have captured prominent shares of Data Center UPS market include Emerson Network Power, Controlled Power Company, Belkin International, Gamatronic Electronic Industries, Schneider Electric, Toshiba and others.
Global Market Insights Inc. announces a new study based report on router and switch market. The market size is estimated to be worth USD 41.02 billion by 2022. The report is a professional and detailed qualitative market research on the current scenario of the key regional markets. It also features a comprehensive discussion about the market trends, aspects like drivers, restraints, opportunities, challenges that impact SP switching and routing device market. The boom in adoption to cloud computing solutions is likely to propel the Router and switch segment.
View a summary of the “Router And Switch Market Size, Industry Analysis Report” @ https://www.gminsights.com/industry-analysis/router-and-switch-market-size
The report covers the SP switching and routing device basics including its applications, definitions, manufacturing methods, classifications, cost structures, and product specifications, etc. Furthermore, it offers analysis of the market conditions in the top global regions including the market growth rate, product price, profit, etc.
Key products include multiservice edge, Internet exchange, ATM switch and Ethernet service edge etc. Internet exchange router is likely to show a substantial growth and surpass USD 16 billion during the projected period. Service provider core router is expected to witness growth at a CAGR of over 2.5% in next few years owing to multiple system offerings including less power consumption, high efficiency, optimized rack space usage for improved bandwidth capacity etc. Ethernet service edge router market is forecast to hit USD 12.63 billion from 2015 to 2022. BYOD market growth is likely to impel demand with its numerous advantages including better productivity and reduced costs. BRAS (Broadband Access Aggregation) is likely to see a substantial growth owing to high demand for high speed services.
Mobile data traffic explosion is expected over the projected time frame attributed to rising smartphone usage, proliferation of wireless devices, 3G/4G and LTE networks globally.
Get a Free Sample Copy of this Report @ https://www.gminsights.com/request-sample/detail/174
North America router and switch industry is expected to be worth USD 15.5 billion at a growing CAGR of 2% during the forecast timeframe. The surge is attributed to noticeable growth in backhaul investments in the region. Asia Pacific, China in particular is projected to witness a substantial growth due to increasing demand for high-definition content and multi-screen delivery.
Key market participants are profiled in the report with comprehensive analysis of business strategies, products and services, current trends and finance metrics. Cisco Systems, Juniper Networks, Alcatel-Lucent, ZTE Corporation and Huawei Technologies are some of the major players in the router and switch market.
Author Name : Dhananjay Punekar