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Green Data Center Market

The global green data center market size is projected to grow commendably over 2022-2030, given the rise in electricity prices and the subsequent increase in reliance on renewable energy sources.

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Green Data Center Market

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  1. Green Data Center Market to Observe Rugged Expansion at a Top CAGR by 2030 End The global green data center market size is projected to grow commendably over 2022-2030, given the rise in electricity prices and the subsequent increase in reliance on renewable energy sources. Data centers require large electrical sources to operate at optimum levels. Electricity is essential for numerous data center operations, including storage and processing of data, as well as cooling of the facility. Due to the rapid industrial boom and the rising government support for local manufacturing activities, small- and medium-sized companies have been thriving worldwide, particularly in Southeast Asian countries such as Indonesia, Malaysia, and Singapore. These factors will expedite the development of efficient data management infrastructure and in turn, support green data center market growth over the forecast period. The green data center industry is bifurcated in terms of component, application, and region. © 2018 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  2. Global Market Scenario of Green Data Center Industry © 2018 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  3. Continue:- Based on the component, the industry is categorized into service and solution segments. The service segment is poised to depict a high growth rate over the estimated timeframe. This is owing to the rising emphasis of energy companies on the implementation of efficient data center designs, especially in the APAC region. For example, in Singapore, Schneider Electric has established a framework for greener data centers, which includes the installation of efficient data centers, the incorporation of renewable energy options, and the creation of net-zero supply chains. Initiatives such as these are likely to escalate the adoption of green data center services and subsequently bolster the industry outlook. With respect to application, the green data center industry is segregated into colocation, IT and telecom, manufacturing, healthcare, government, energy, BFSI, and others. The energy segment accounted for over 5% of the industry share in 2021. This was attributed to the increased collaboration of energy firms with trusted data centers to ensure efficiencies in computing and data processing, transfer, and backup. The government segment held over 15% of the green data center market share in 2021. This was a result of the rapid modernization of the government sector worldwide, along with the mounting deployment of digital technologies to streamline operations. © 2018 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  4. Request for sample copy of this research report@ https://www.gminsights.com/request-sample/detail/2420 © 2018 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  5. 360° Industry Analysis The demand for improved transparency and accountability from citizens has also surged, which is anticipated to fuel the usage of green data center solutions across the government sector. On the regional front, the Middle East and Africa (MEA) green data center industry is poised to exhibit a CAGR of over 10% through 2030, driven by the robust demand for digital services. The rise in the -number of data centers in the region, mainly due to the large-scale deployment of cloud computing technologies is anticipated to stimulate the consumption of data center infrastructure management solutions. This may, in consequence, add impetus to the regional green data center market outlook over the forecast period. Request for customization:https://www.gminsights.com/roc/2420 © 2018 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  6. Industry Background Complete table of contents@ https://www.gminsights.com/toc/detail/green-data-center-market © 2018 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  7. Stay In Touch You can visit us at: www.gminsights.com Thank You…! © 2018 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

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