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The following content is from an older version of this website, and may not display correctly. The market for products that will make data centers "greener" will take up 28 percent of the global market for data center products over the next five years, according to a new report by the market research firm Pike Research.
The report, titled "Green Data Centers," forecasts that size of the green data center market will grow from the current $7.5bn to $41.4bn by 2015.
"Cost of energy has seldom been a concern for IT departments in the past and there was little incentive to invest in energy efficiency improvements," Pike's Eric Woods said in a statement. "But as data center energy costs become more visible, the financial benefits of moving to a greener mode of operation are being recognized by CEOs, CFOs, and CIOs."
The report uses an assessment that the IT industry is responsible for two percent of the world's carbon emissions, with data centers being the fastest-growing contributors to that carbon footprint. Because of the pressure to reduce carbon emissions, there will be rapid growth in investment in green data centers over next five years.
Largest portion of the global green data center revenue in 2015 will be generated by power and cooling infrastructure solutions ÔÇô 46 percent of the market over the next five years. The second-largest category will be energy efficient IT equipment ÔÇô 41 percent of the market. The rest will be revenue from monitoring and management solutions.
The report, titled "Green Data Centers," forecasts that size of the green data center market will grow from the current $7.5bn to $41.4bn by 2015.
"Cost of energy has seldom been a concern for IT departments in the past and there was little incentive to invest in energy efficiency improvements," Pike's Eric Woods said in a statement. "But as data center energy costs become more visible, the financial benefits of moving to a greener mode of operation are being recognized by CEOs, CFOs, and CIOs."
The report uses an assessment that the IT industry is responsible for two percent of the world's carbon emissions, with data centers being the fastest-growing contributors to that carbon footprint. Because of the pressure to reduce carbon emissions, there will be rapid growth in investment in green data centers over next five years.
Largest portion of the global green data center revenue in 2015 will be generated by power and cooling infrastructure solutions ÔÇô 46 percent of the market over the next five years. The second-largest category will be energy efficient IT equipment ÔÇô 41 percent of the market. The rest will be revenue from monitoring and management solutions.