Carbon Neutral Data Center Market: Current Analysis and Forecast (2021-2027)
$3999 – $7577
Emphasis on Type (Hyper-Scale Centers, Enterprise Type, Colocation Data Centers, and Others), Solution (Hardware (Servers, Cooling and Power, Storage, And Networking), Software and Platform, And Support Services), End-User Industry (IT And Telecom, BFSI, Government and Public Sector, Healthcare, Manufacturing, Retail, And Others), and Region and Country
The Global Carbon neutral data center market is expected to grow at a CAGR of around 22% during the forecast period (2021-2027). The Carbon Neutral Data Centers are beneficial for reducing an organization’s carbon footprints. The market growth attributes to the ongoing digital transformation in various businesses that have aided the amount of data produced. Besides, the surging imposition of numerous policies & environmental regulations laid by the government to reduce carbon emissions like the International Climate Agreement has further boosted the Global Carbon Neutral Data Center Market growth.
Moreover, carbon-neutral data centers exhibit features and capabilities similar to that of traditional data centers, but consume less space and energy, and are environment friendly. Further, it helps process an organization’s functions at a faster rate and uses less amount of energy & space. Therefore, Carbon Neutral Data Centers are the preferred eco-friendly options.
The coronavirus pandemic was declared a public health emergency worldwide by World Health Organization (WHO). Government across nations implemented lockdown and ban on traveling, the shutdown of manufacturing industries, commercial activities this had severely disrupted the supply chain. Additionally, the lockdown has also resulted in restricting the imports and exports of various raw materials, equipment, and devices, which are crucial for the operation of the data centers, thereby bringing many ongoing projects to a standstill position. Thus, negatively impacting the overall market growth.
Carbon Neutral Data Center, Type 2020
ABB Group, 3M Company, Alphabet Inc., Cisco System, Hewlett Packard Enterprise, Eaton Corporation plc, Fujitsu Ltd., IBM Corporation, Microsoft Corporation, Dell Inc. Several M&As along with partnerships have been undertaken by these players to facilitate customers with hi-tech and innovative products/technologies.
Insights Presented in the Report
“Amongst type, hyper-scale centers segment holds the major share”
Based on type, the carbon-neutral data center market is segmented into hyper-scale centers, enterprise type, colocation data centers, and others. The hyperscale centers catered to significant demand in the carbon-neutral data center market. It is mainly owing to the strong growth in demand for data center services continues to be mostly offset by ongoing efficiency improvements for servers, storage devices, network switches, and data center infrastructure, as well as the high and growing share of services met by highly efficient hyperscale data centers.
“Amongst solution, hardware segment holds the major share”
Based on the solution, the carbon-neutral data center market is segmented into hardware (servers, cooling and power, storage, and networking), software and platform, and support services. The hardware segment holds a considerable market share in the carbon-neutral data center market. It is mainly due to the hardware equipment and devices being the most crucial parts in any data center required for its operation.
“Amongst end-user, IT and Telecom segment holds the major share”
Based on the end-user industry, the carbon-neutral data center market is classified into the IT and Telecom, BFSI, Government and Public Sector, healthcare, manufacturing, retail, and others. The IT and telecom segment holds an extensive market share in the carbon-neutral data center market. The telecom industry is dependent upon data centers as data transmission during internet services requires constant storage and processing, which is a primary criterion for quality services. Thus, to maintain quality, the industry must rely on data center facilities.
“Europe represents one of the extensive market shares of global carbon neutral data center Market”
For a better understanding of the market dynamics of the global carbon neutral data center Europe caters substantial share in the carbon-neutral data center market over the past few years and is expected to have an influential growth rate in the forecasted period as well. It is mainly due to the implementation of carbon-free energy government policies and digital strategy in the region that has positively influenced the market size of the carbon-neutral data center.
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- The study includes market sizing and forecasting analysis validated by authenticated key industry experts.
- The report presents a quick review of overall industry performance at one glance.
- The report covers an in-depth analysis of prominent industry peers with a primary focus on key business financials, product portfolios, expansion strategies, and recent developments.
- Detailed examination of drivers, restraints, key trends, and opportunities prevailing in the industry.
- The study comprehensively covers the market across different segments.
- Deep dive regional level analysis of the industry.
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|1.4.||Currency used in Report|
|2.1.||Research Process of the Carbon Neutral Data Center Market|
|2.2.||Research Methodology of the Carbon Neutral Data Center Market|
|2.5.||Main Objective of the Carbon Neutral Data Center Market Study|
|5||GLOBAL CARBON NEUTRAL DATA CENTER MARKET COVID-19 IMPACT|
|6||GLOBAL CARBON NEUTRAL DATA CENTER MARKET REVENUE 2019-2027F|
|7.3.||Colocation Data Centers|
|8.1.2.||Cooling and Power|
|8.1.3.||Storage and Networking|
|8.2.||Software and Platform|
|9.1.||IT and Telecom|
|9.3.||Government and Public Sector|
|10.1.||North America Carbon Neutral Data Center Market|
|10.1.3.||Rest of North America|
|10.2.||Europe Carbon Neutral Data Center Market|
|10.2.6.||Rest of Europe|
|10.3.||Asia Pacific Carbon Neutral Data Center Market|
|10.3.5.||Rest of Asia Pacific|
|11||Rest Of the World Carbon Neutral Data Center Market|
|13||CARBON NEUTRAL DATA CENTER MARKET OPPORTUNITIES|
|14||CARBON NEUTRAL DATA CENTER MARKET TRENDS|
|15||LEGAL & REGULATORY FRAMEWORK|
|16.1.||Demand Side Analysis|
|16.2.||Supply Side Analysis|
|16.2.1.||Top Product Launches|
|16.2.2.||Top Business Partnerships|
|16.2.3.||Top Business Expansions, Investments and Divestitures|
|16.2.4.||Top Merger and Acquisitions|
|17||VALUE CHAIN ANALYSIS|
|18.1.1.||Company Shares, By Revenue|
|19.5.||Hewlett Packard Enterprise|
|19.6.||Eaton Corporation plc|
Analyzing the historical market, estimation of the current market, and forecasting the future market of the global carbon neutral data center market were the three major steps undertaken to create and analyze the adoption of carbon neutral data center in major regions globally. Exhaustive secondary research was conducted to collect the historical market numbers and estimate the current market size. Secondly, to validate these insights, numerous findings and assumptions were taken into consideration. Moreover, exhaustive primary interviews were also conducted, with industry experts across the value chain of the global carbon neutral data center market. Post assumption and validation of market numbers through primary interviews, we employed a top-down/bottom-up approach to forecasting the complete market size. Thereafter, market breakdown and data triangulation methods were adopted to estimate and analyze the market size of segments and sub-segments the industry pertains to. Detailed methodology is explained below:
Analysis of Historical Market Size
Step 1: In-Depth Study of Secondary Sources:
Detail secondary study was conducted to obtain the historical market size of the carbon neutral data center market through company internal sources such as annual reports & financial statements, performance presentations, press releases, etc., and external sources including journals, news & articles, government publications, competitor publications, sector reports, third-party database, and other credible publications.
Step 2: Market Segmentation:
After obtaining the historical market size of the carbon neutral data center market, we conducted a detailed secondary analysis to gather historical market insights and share for different segments & sub-segments for major regions. Major segments included in the report as type, solution, and end-user industry. Further country-level analyses were conducted to evaluate the overall adoption of testing models in that region.
Step 3: Factor Analysis:
After acquiring the historical market size of different segments and sub-segments, we conducted a detailed factor analysis to estimate the current market size of the carbon neutral data center market. Further, we conducted factor analysis using dependent and independent variables such as surging imposition of numerous policies & environmental regulations laid by the government to reduce carbon emissions. A thorough analysis was conducted for demand and supply-side scenarios considering top partnerships, merger and acquisition, business expansion, and product launches in the Carbon neutral data center market sector across the globe.
Current Market Size Estimate & Forecast
Current Market Sizing: Based on actionable insights from the above 3 steps, we arrived at the current market size, key players in the global carbon neutral data center market, and market shares of the segments. All the required percentage shares split, and market breakdowns were determined using the above-mentioned secondary approach and were verified through primary interviews.
Estimation & Forecasting: For market estimation and forecast, weights were assigned to different factors including drivers & trends, restraints, and opportunities available for the stakeholders. After analyzing these factors, relevant forecasting techniques i.e., top-down/bottom-up approach was applied to arrive at the market forecast about 2027 for different segments and sub-segments across the major markets globally. The research methodology adopted to estimate the market size encompasses:
- The industry’s market size, in terms of value (US$) and the adoption rate of carbon neutral data center market across the major markets domestically
- All percentage shares, splits, and breakdowns of market segments and sub-segments
- Key players in the global carbon neutral data center market in terms of the category offered. Also, the growth strategies adopted by these players to compete in the fast-growing market
Market Size and Share Validation
Primary Research: In-depth interviews were conducted with the Key Opinion Leaders (KOLs) including Top Level Executives (CXO/VPs, Sales Head, Marketing Head, Operational Head, and Regional Head, Country Head, etc.) across major regions. Primary research findings were then summarized, and statistical analysis was performed to prove the stated hypothesis. Inputs from primary research were consolidated with secondary findings, hence turning information into actionable insights.
Split of Primary Participants in Different Regions
Data triangulation technique was employed to complete the overall market estimation and to arrive at precise statistical numbers of each segment and sub-segment of the global carbon neutral data center market. Data was split into several segments & sub-segments post studying various parameters and trends in the areas of type, solution, and end-user industry in the global carbon neutral data center market.
The main objective of the Global Carbon neutral data center Market Study
The current & future market trends of the global carbon neutral data center market were pinpointed in the study. Investors can gain strategic insights to base their discretion for investments from the qualitative and quantitative analysis performed in the study. Current and future market trends were determined the overall attractiveness of the market at a regional level, providing a platform for the industrial participant to exploit the untapped market to benefit as a first-mover advantage. Other quantitative goals of the studies include:
- Analyze the current and forecast market size of the carbon neutral data center market in terms of value (US$). Also, analyze the current and forecast market size of different segments and sub-segments
- Segments in the study include areas of type, solution, and end-user industry.
- Define and analysis of the regulatory framework for the carbon neutral data center market industry.
- Analyze the value chain involved with the presence of various intermediaries, along with analyzing customer and competitor behaviors of the industry.
- Analyze the current and forecast market size of the carbon neutral data center market for the major region.
- Major regions studied in the report include Asia Pacific, Europe, North America, and Rest of the World.
- Company profiles of the carbon neutral data center market and the growth strategies adopted by the market players to sustain in the fast-growing market
- Deep dive regional level analysis of the industry