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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1. Market Introduction
2. Research Methodology Or Assumption
3. Market Synopsis
4. Executive Summary
5. Global Carbon Neutral Data Center Market Covid-19 Impact
6. Global Carbon Neutral Data Center Market Revenue 2019-2027f
7. Market Insights By Type
8. Market Insights By Solution
9. Market Insights By End-user Industry
10. Market Insights By Region
11. Rest Of The World Carbon Neutral Data Center Market
12. Carbon Neutral Data Center Market Dynamics
13. Carbon Neutral Data Center Market Opportunities
14. Carbon Neutral Data Center Market Trends
15. Legal & Regulatory Framework
16. Demand And Supply-side Analysis
17. Value Chain Analysis
18. Competitive Scenario
19. Company Profiled
20. Disclaimer
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:
Seek More Details About Research Methodology
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:
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
Market Engineering
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:
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