Green Data Center Market Analysis

Component (Solutions, Services)

In green data center market, solution segment is likely to hold more than 60% share by 2037. Cooling systems, electrical systems, network systems, management and monitoring systems, and other systems are included in the green data center solutions. It is anticipated that the segment's demand will be fuelled by the rising need for cooling systems, which will accelerate market expansion. More energy-efficient technology is used in the construction and design of these solutions, which eventually lowers operating expenses. Numerous businesses are examining the possibility of significant cost reductions in terms of upkeep and electricity bills.

Industry Vertical (BFSI, Power, IT & Telecom, Media & Entertainment, Healthcare, Government & Defense, Retail, Manufacturing)

In terms of industry vertical, the BFSI segment is assessed to hold a significant green data center market share between 2024-2037. This can be attributed to the increasing adoption of green data centers in this sector as a result of special regulatory pressures, industry dynamics, and increased emphasis on ensuring efficient operation with environmental sustainability.

Due to the energy-efficient, resilient technology, green data centers help reduce risks associated with interruptions of power supply, security breaches, and compliance infringements. It's good to see that, in 2022, 41% of respondents in the banking sector expect to increase investments in risk management technologies by up to 10%.

Our in-depth analysis of the global market includes the following segments: