The Asia Pacific Green Data Center Market is expected to witness market growth of 21.8% CAGR during the forecast period (2020-2026).
Green data center is made to offer optimal energy efficiency and reduce environmental impact. Green data center displays the similar features and properties as that of a traditional data center, though take less energy and space. Companies get economic and environment advantages with the decline in power utilization and energy consumption for complicated operations in green alternatives. Green data centers assist in cutting down the price and lower the companies’ carbon footprint due to the implementation of energy-star rated power supply systems, centralized humidification systems, high-efficiency HVAC, routers, servers, and LED lighting.
In addition, the market is expected to witness various growth avenues due to rising electricity prices globally. In data centers, there is a high need for non-renewable energy sources that should be changed in electrical energy for their operations. Utilization of fossil fuels, coal, and others are included in these non-renewable sources and these sources are used to power electricity generators. The rapid exploitation of non-renewable energy sources caused a consistent increment in the cost of these resources, hence increasing the electricity prices. Moreover, with the constantly increasing data, data processing requirements is expected to surge considerably, necessitating huge electricity needs for data centers. Due to these aspects, companies are opting for installing green data centers, with companies using green energy sources irrespective of the huge initial prices attached to them. The high cost is managed in the long-term utilization with renewable energy sources due to low maintenance prices attached to them.
The China market dominated the Asia Pacific BFSI Green Data Center Market by Country 2019, growing at a CAGR of 18.5 % during the forecast period. The Japan market is showcasing a CAGR of 20.1% during (2020 - 2026). Additionally, The India market is anticipated to witness a CAGR of 21.4% during (2020 - 2026).
The Solution market dominated the South Korea Green Data Center Market by Component 2019, thereby, achieving a market value of $2,304.6 million by 2026. The Services market is expected to witness a CAGR of 25.6% during (2020 - 2026).
Based on Component, the market is segmented into Solution and Services. Solution segment is further bifurcated across Information Technology, Power and Cooling. Based on Data Center Size, the market is segmented into Large Data Centers and Small & Medium Data Centers. Based on Vertical, the market is segmented into IT & Telecom, Government & Defense, BFSI, Healthcare, Manufacturing, Consumer Goods & Retail and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Dell Technologies, Inc., Hewlett Packard Enterprise Company, Eaton Corporation PLC, Schneider Electric SE, Vertiv Holdings Co., Delta Electronics, Inc., Cisco Systems, Inc., Midas Green Technologies LLC, Green Revolution Cooling, Inc., and Rittal GmbH & Co. KG (Friedhelm Loh Group).
Scope of the Study
Market Segments covered in the Report:
By Component
By Data Center Size
By Vertical
By Country
Companies Profiled
Unique Offerings from the Publisher
Green data center is made to offer optimal energy efficiency and reduce environmental impact. Green data center displays the similar features and properties as that of a traditional data center, though take less energy and space. Companies get economic and environment advantages with the decline in power utilization and energy consumption for complicated operations in green alternatives. Green data centers assist in cutting down the price and lower the companies’ carbon footprint due to the implementation of energy-star rated power supply systems, centralized humidification systems, high-efficiency HVAC, routers, servers, and LED lighting.
In addition, the market is expected to witness various growth avenues due to rising electricity prices globally. In data centers, there is a high need for non-renewable energy sources that should be changed in electrical energy for their operations. Utilization of fossil fuels, coal, and others are included in these non-renewable sources and these sources are used to power electricity generators. The rapid exploitation of non-renewable energy sources caused a consistent increment in the cost of these resources, hence increasing the electricity prices. Moreover, with the constantly increasing data, data processing requirements is expected to surge considerably, necessitating huge electricity needs for data centers. Due to these aspects, companies are opting for installing green data centers, with companies using green energy sources irrespective of the huge initial prices attached to them. The high cost is managed in the long-term utilization with renewable energy sources due to low maintenance prices attached to them.
The China market dominated the Asia Pacific BFSI Green Data Center Market by Country 2019, growing at a CAGR of 18.5 % during the forecast period. The Japan market is showcasing a CAGR of 20.1% during (2020 - 2026). Additionally, The India market is anticipated to witness a CAGR of 21.4% during (2020 - 2026).
The Solution market dominated the South Korea Green Data Center Market by Component 2019, thereby, achieving a market value of $2,304.6 million by 2026. The Services market is expected to witness a CAGR of 25.6% during (2020 - 2026).
Based on Component, the market is segmented into Solution and Services. Solution segment is further bifurcated across Information Technology, Power and Cooling. Based on Data Center Size, the market is segmented into Large Data Centers and Small & Medium Data Centers. Based on Vertical, the market is segmented into IT & Telecom, Government & Defense, BFSI, Healthcare, Manufacturing, Consumer Goods & Retail and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Dell Technologies, Inc., Hewlett Packard Enterprise Company, Eaton Corporation PLC, Schneider Electric SE, Vertiv Holdings Co., Delta Electronics, Inc., Cisco Systems, Inc., Midas Green Technologies LLC, Green Revolution Cooling, Inc., and Rittal GmbH & Co. KG (Friedhelm Loh Group).
Scope of the Study
Market Segments covered in the Report:
By Component
- Solution
- Information Technology
- Power
- Cooling
- Services
By Data Center Size
- Large Data Centers
- Small & Medium Data Centers
By Vertical
- IT & Telecom
- Government & Defense
- BFSI
- Healthcare
- Manufacturing
- Consumer Goods & Retail
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Companies Profiled
- Dell Technologies, Inc.
- Hewlett Packard Enterprise Company
- Eaton Corporation PLC
- Schneider Electric SE
- Vertiv Holdings Co.
- Delta Electronics, Inc.
- Cisco Systems, Inc.
- Midas Green Technologies LLC
- Green Revolution Cooling, Inc.
- Rittal GmbH & Co. KG (Friedhelm Loh Group)
Unique Offerings from the Publisher
- Exhaustive coverage
- Highest number of market tables and figures
- Subscription based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market Overview
Chapter 3. Competition Analysis - Global
Chapter 4. Asia Pacific Green Data Center Market by Component
Chapter 5. Asia Pacific Green Data Center Market by Data Center Size
Chapter 6. Asia Pacific Green Data Center Market by Vertical
Chapter 7. Asia Pacific Green Data Center Market by Country
Chapter 8. Company Profiles
Companies Mentioned
- Dell Technologies, Inc.
- Hewlett Packard Enterprise Company
- Eaton Corporation PLC
- Schneider Electric SE
- Vertiv Holdings Co.
- Delta Electronics, Inc.
- Cisco Systems, Inc.
- Midas Green Technologies LLC
- Green Revolution Cooling, Inc.
- Rittal GmbH & Co. KG (Friedhelm Loh Group)
Methodology
LOADING...
