Green Data Center Market Value Projected to Expand by 2029

The global green data center market is anticipated to grow at a considerable CAGR of 17.3% during the forecast period (2023-2030). The rising focus on Indian market to build green data center across the country is a key factor driving the global market. The recent focus of India towards green building infrastructure is anticipated to provide an impetus to green or sustainable data centers in India. Aiming for a global hub in cloud computing, content hosting and delivery, and data communication systems and services, the Telecom Regulatory Authority of India (TRAI) in November 2022 released recommendations on Regulatory Framework for Promoting Data Economy Through Establishment of Data Centers (DCs), Content Delivery Networks (CDNs), and Interconnect Exchanges (IXPs) in India.

India’s Data Center Policy 2020, released by the Ministry of Electronics and Information Technology (MeitY) also acknowledges absence of specialized building norms to construct data centers, geographically limited submarine cable network connectivity, high cost of capital and operational expenditure. The IGBC (Indian Green Building Council), a division of the Confederation of Indian Industry (CII), has welcomed TRAI’s recent recommendations for promoting data centers in India and considered it as a step forward in examining drawbacks that limit data centers to work efficiently, keeping in mind India-specific requirements. IGBC promotes the ideal PUE (Power Usage Effectiveness) of 1.4 to 1.5 for promoting green data centers, by taking into consideration the viewpoints of data center owners. Singapore and the Netherlands have set their PUE’s to 1.3 and 1.2, respectively.

PUE indicates the energy efficiency of a data centre. It is the ratio of the total amount of energy used by a data center facility to the power supplied to the computing equipment. TRAI, in its recommendations has envisioned that the IGBC along with Telecommunication Engineering Center (TEC) should be “entrusted with task of framing certification standards of green DCs in India and the government must enforce such schemes to invite request for proposals (RFP) on an experimental basis for adopting new technologies and methods to promote green DCs.” Moving forward in the direction of setting up of green data center; in October 2022, PhonePe, an Indian fintech platform launched its first green data centre in India, leveraging technologies and solutions from Dell Technologies and NTT. The facility opens up new opportunities in data management for PhonePe, with efficient data security, power efficiency, ease of operations, and cloud solutions.

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Market Coverage

  • The market number available for – 2022-2030
  • Base year- 2022
  • Forecast period- 2023-2030

Segment Covered- 

  • By Component
  • By Data Center Size
  • By End-User Vertical

Regions Covered-

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World

Competitive Landscape- Cisco Technology Inc., IBM Corp., Dell EMC Inc., Fujitsu Ltd., Hitachi Ltd. among others.

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Green Data Center Market Report Segment

By Component

  • Solution
  • Services

By Data Center Size

  • Small & Mild Size
  • Large Size

By End-User Vertical

  • Healthcare
  • Financial Services
  • Government
  • Telecom and IT
  • Other

Green Data Center Market Report Segment by Region

North America                                                                                                           

  • United States
  • Canada

Europe

  • UK
  • Germany
  • Spain
  • France
  • Italy
  • Rest of Europe

Asia-Pacific

  • India
  • China
  • Japan
  • South Korea
  • Rest of APAC

Rest of the World

  • Latin America
  • Middle East and Africa

Company Profiles

  • APC Corp.
  • Cyber Power System Inc.
  • Eaton Corp.
  • Fujitsu Ltd.
  • Hitachi Ltd
  • HP Inc.
  • Huawei Technologies Co. Ltd.
  • Midas Green technologies
  • NEC Corp.
  • Oracle Corp.
  • Schneider Electric SE
  • Vertiv Corp.

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