Green data center market expected to grow at 27.2 percent CAGR to 2019
DALLAS, USA: RnRMarketResearch.com supplements “Green Data Center Market [Solutions (Server, Networking, Power, Cooling, Management, Green Solutions), Services (Professional, Monitoring, SI), Users (Cloud, Colocation, Enterprises)] – Global Advancements, Worldwide Forecasts & Analysis (2014-2019)” to its portfolio.
Green data center basically refers to an enterprise class computing facility that is entirely built, managed, and operated on green computing principles. It affords all the features and full capability of a typical data center but uses less energy and space, following the policy of being environment friendly. Green data centers efficaciously use the power aimed at cost-effective operations of a data center.
Green data centers are gaining popularity among various industry verticals due to its financial benefits and less impact on environment, assisting them to cope with government restrictions. Banking, insurance, followed by financial services, telecommunication, IT, healthcare, government, retail, transportation, education, and research are some of the industry verticals where green data center finds applicability.
In fiscal 2014, Banking, Financial Services and Insurance vertical accounts for the largest cut of total green data center, and is expected to endure the same by 2019 too. The Y-O-Y growth rates of some of these verticals, as well as BFSI, banking and financial services, and healthcare are expected to be on the higher side throughout the forecasted period.
