The green data center market size is expected to grow from USD 49.2 billion in 2020 to USD 140.3 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 19.1% during the forecast period. The green data center market is gaining traction in various regions and has caught the eye of various organizations for deploying green data center solutions. In the present scenario, organizations have started taking green initiatives for their regular IT operations to save their money, making green data center as most popular initiatives. In an all-inclusive manner, a green data center comprises energy-efficient components, such as UPS, servers, and cooling systems.
The green data center market comprises major vendors, such as the study includes an in-depth competitive analysis of these key players in the market with their company profiles, recent developments, and key market strategies. The players in this market have embraced different strategies to expand their global presence and increase their market shares. New product launches and enhancements; and partnerships, acquisitions, and collaborations, have been the most dominating strategies adopted by the major players from 2018 to 2020, which helped these organizations strengthen their offerings and broaden their customer base.
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Schneider Electric (France) is among the leaders in the green data center market with a prominent geographic presence. It has adopted various organic and inorganic growth strategies and continues to enhance its expertise through R&D, new product developments and product enhancements. For instance, In March 2020, the company launched its first UPS category Smart-UPS Lithium-ion. It is designed for local edge environments and micro data centers. The second category is APC Easy UPS 1 Ph Online, which is a versatile, high-quality, and cost-effective UPS developed to handle high voltage and inconsistent power conditions. Both of these UPSs are energy efficient which can be used in implementation of green data centers.
Green Revolution Cooling (US) has a strong foothold in the green data center market. The company offers green data center solutions to cater to the needs of the rapidly changing business environment. In December 2019, GRC announced it is increasing operations in the Asian market with the opening of offices in New Delhi, India. GRC is locating its first Asian office in India because of the rapid growth in demand for digital infrastructure in the country that is driven by the proliferation of affordable smartphones and connectivity.
Delta Electronics (Taiwan) is also a huge player in green data center market. The company has improved its solutions periodically with new features that address the modern needs of the market. In October 2020, Delta Electronics completed the first Uptime certified green data center in Vietnam. The data center took eight months to complete and is certified under the Uptime Institute’s Tier Certification of Constructed Facility (TCCF). The green data center by Delta has a Power Usage Effectiveness (PUE) value of 1.4, which is lower than other data centers in Vietnam and closer to the ideal 1.0 PUE.
Green Data Center Market by Component (Solutions [Power, IT, Cooling] and Services [Design and Consulting, Maintenance and Support, Installation and Deployment]), Data Center Size (Small and Mid-sized, Large), Vertical, and Region -Global Forecast to 2026
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