Shortlist announced for The Tech Capital Global Awards 2023
London, UK, Apr. 18, 2023 – The Tech Capital, a digital media, reports, and events platform providing valuable daily content and data covering investment and...
APAC is the fastest-growing region in the green data centre market and has witnessed huge investments in data centre construction.
Founder and Editor, The Tech Capital
3 Mins
March 26, 2021 | 2:42 PM GMT
The global green data centre market is expected to grow from US$49.2 billion in 2020 to $140.3 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 19.1% during the forecast period.
The figures, put forward by think tank ResearchAndMarkets in its latest report on the topic, come as the green data centre market gains traction in various regions and has caught the eye of various organisations for deploying green data centre solutions.
“In the present scenario, organisations have started taking green initiatives for their regular IT operations to save their money, making green data centres one of the most popular initiatives,” researchers said.
“In an all-inclusive manner, a green data centre comprises energy-efficient components, such as UPS, servers, and cooling systems.”
The average data centre uses a significant amount of electricity. The cooling infrastructure is required to maintain the ideal operating environment for all that equipment. When put together, data centres consume about 3% of the world’s electricity.
With more energy-intensive hyperscale facilities on the way in the coming years, the cooling infrastructure must become more energy efficient to maintain the overall PUE.
The sole purpose of data centre cooling is to maintain environmental conditions suitable for Information Technology Equipment (ITE) operation.
Achieving this goal requires the elimination of the heat produced by the ITE and transferring that heat to some heat sink.
In most data centres, the operators expect the cooling system to operate continuously and reliably.
Researchers have found that APAC is the fastest-growing region in the green data centre market and has witnessed huge investments in data centre construction.
Factors such as increasing internet penetration, cloud computing, growing economy, and rapid infrastructure development have attributed to the growth of the green data centre market in the region.
Founder and Editor, The Tech Capital
Data centre REIT CyrusOne Inc. (NASDAQ: CONE) has announced it has achieved 100% renewable energy ...
DC BLOX has expanded its Birmingham, AL, data centre with 1 MW of power capacity in response to gro...
With the world hungry for more digital services, the data centre market continues to overachieve as...