The Global Carbon Neutral Data Center Market Research Report added by Emergen Research to its expanding repository is an all-inclusive document containing insightful data about the Carbon Neutral Data Center market and its key elements. The report is formulated through extensive primary and secondary research and is curated with the intent to offer the readers and businesses a competitive edge over other players in the industry. The report sheds light on the minute details of the Carbon Neutral Data Center industry pertaining to growth factors, opportunities and lucrative business prospects, regions showing promising growth, and forecast estimation till 2028.
The global carbon neutral data center market size is expected to reach USD 17.12 Billion at a steady CAGR of 22.1% in 2028. Implementation of environmental regulations and government policies such as ‘International Climate Agreement’ to reduce carbon emissions in data centers is driving global carbon neutral data center market revenue growth.
Several trade organizations and companies which are tied to cloud and data centers are undertaking partnerships and signing agreements to reduce carbon emissions from data centers in various countries. In Europe, over 40 organizations – in a self-regulatory move – have formed European-based Climate Neutral Data Center Pact to make data centers carbon neutral across the continent by 2030.
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Data centers play an important role in keeping the digital economy working, and it has become more apparent during the COVID-19 pandemic. However, with growing awareness comes higher scrutiny of the sector’s environment friendliness, especially regarding its power consumption habit. Companies are taking different initiatives for carbon-neutral data centers, such as encouraging 100% carbon-free energy sources to power their facilities and re-use waste generated by their operations. Data centers can become greener as organizations start to adopt cloud server. Investing in cloud services and running cloud transformation initiatives will help achieve the goal of carbon neutral data centers. Green cloud also reduces cost, builds better reputation for brands, improve efficiency, and future-proofs operations.
The report also discusses the key players involved in the market such as ABB Group, Amazon.com, Inc., 3M Company, Alphabet Inc., Cisco Systems, Inc., Hewlett Packard Enterprise (HPE), Eaton Corporation plc, Fujitsu Ltd., IBM Corporation, and Microsoft Corporation and others as well as new entrants in the market. It focuses on the recent mergers acquisitions, joint ventures, collaborations, partnerships, licensing agreements, brand promotions, and product launches, among others. The report also provides details about the company overview, business expansion plans, product portfolio, manufacturing and production capacity, global market position, financial status, and consumer base.
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Emergen Research has segmented the global carbon neutral data center market on the basis of data center type, solution, industry, and region:
Data Center Type Outlook (Revenue, USD Billion; 2018–2028)
Hyperscale Data Centers
Colocation Data Centers
Enterprise Data Centers
Others
Solution Outlook (Revenue, USD Billion; 2018–2028)
Hardware
Cooling and Power
Servers
Storage and Networking
Software and Platform
Support Services
Industry Outlook (Revenue, USD Billion; 2018–2028)
BFSI
Retail
Healthcare
Government and Public Sector
IT and Telecom
Manufacturing
Others
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Regional Bifurcation of the Carbon Neutral Data Center Market Includes:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Questions Answered by the Report:
Which region is expected to dominate the market in the coming years?
What are the recent technological and product advancements occurring in the market?
What are the key strategies adopted by the prominent players in the Carbon Neutral Data Center market?
What are the key product types and applications of the Carbon Neutral Data Center industry?
What is the outcome of SWOT analysis and Porter’s Five Forces analysis?
What is the competitive landscape of the Carbon Neutral Data Center market?
Who are the key players in the industry?
What is the growth rate of the industry over the coming years?
What will be the valuation of the Carbon Neutral Data Center Market by 2028?
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