A report, entitled Green Data Centre Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026, has been released by ResearchAndMarkets.com.
The report found that the global green data centre market is expected to grow at a CAGR of around 22 per cent during 2021-2026. Keeping in mind the uncertainties of COVID-19, the analysis continuously tracks and evaluates the direct as well as the indirect influence of the pandemic on different end-use industries.
A green data centre refers to an environment-friendly facility that accommodates computers and servers for storage, management and distribution of data. It primarily operates on solar, wind or hydropower, and the components are designed for maximum energy efficiency and minimal carbon footprint. Some of the typically used components include energy-conserving power supply, centralised humidification, efficient servers, routers, heating, ventilation and air conditioning (HVAC) and light-emitting diode (LED) systems. In comparison to the traditionally used data centres, these systems aid in segregating workload, provide centralised control and ease of data migration, are more resilient and offer a next-generation storage experience to the user.
The report also found that the market is primarily being driven by the growing requirement for energy-efficient computing systems, which is further facilitated by increasing digitisation across industries. Moreover, rising environmental consciousness and the widespread adoption of data centres to store and manage the constantly increasing amounts of data, are driving the market growth. Green data centres are usually designed with on-site wind and solar farms that are constructed on the terrace of the building or facility. They also use the wastewater by recycling it for cooling purposes.
Additionally, various product innovations, such as the utilisation of low-emission building materials, paints, carpets, waste recycling systems and sustainable landscaping, for the construction of these data centres, are acting as other growth-inducing factors. Manufacturers are also using alternative technologies, such as evaporative cooling, heat pumps, photovoltaic cells and catalytic converters, for producing energy-efficient systems. This, along with significant growth in the information technology infrastructure, represents some of the other factors driving the market further.