- The key vendors in the global green data center market 2015-2019 are Cisco Systems Inc., Dell Inc., EMC Corp., Hewlett-Packard Co. (HP) and IBM Corp.
London, 10 September 2015: Technavio, an independent tech-focused global research firm, has announced the publication of its market research report on the global green data center market 2015-2019. The productivity and efficiency of data centers depend heavily on the effectiveness of the cooling technology. Organizations are increasingly adopting the technology to reduce the OPEX. They are setting up new data centers in cold areas in which the outside temperature is lower than that of the data center temperature. The global green data center market 2015-2019 is expected to grow at a high CAGR of 27.94% during 2014-2019.
Increased demand for cloud computing-enabled data centers and R&D initiatives worldwide is contributing to market growth. The market is also benefiting from the fact that green data centers ensure minimal energy consumption, enable proper functioning of equipment, and reduce the ROI realization period. Moreover, the telecom and IT, BFSI, and healthcare sectors depend heavily on green data center technology. This will propel market growth during the forecast period.
“Containerized data centers have emerged as a key solution to meet the demand for high-performance computation. These data centers are equipped with compact servers along with the powering and cooling equipment, constituting a full-fledged data center facility,” says Faisal Ghaus, Vice President of Technavio Research.
“Innovations in the containerized data center space will likely boost the adoption of green data centers, driven by the reducing cabling complexities.”
To define the market conditions in the next 3-4 years, Technavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
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