The global carbon neutral data center market size is expected to reach USD 17.12 Billion at a steady CAGR of 22.1% in 2028, according to latest analysis by Emergen Research. Implementation of environmental regulations and government policies such as ‘International Climate Agreement’ to reduce carbon emissions in data centers is driving global carbon neutral data center market revenue growth.

Several trade organizations and companies which are tied to cloud and data centers are undertaking partnerships and signing agreements to reduce carbon emissions from data centers in various countries. In Europe, over 40 organizations – in a self-regulatory move – have formed European-based Climate Neutral Data Center Pact to make data centers carbon neutral across the continent by 2030.

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Data centers play an important role in keeping the digital economy working, and it has become more apparent during the COVID-19 pandemic. However, with growing awareness comes higher scrutiny of the sector’s environment friendliness, especially regarding its power consumption habit. Companies are taking different initiatives for carbon-neutral data centers, such as encouraging 100% carbon-free energy sources to power their facilities and re-use waste generated by their operations. Data centers can become greener as organizations start to adopt cloud server. Investing in cloud services and running cloud transformation initiatives will help achieve the goal of carbon neutral data centers. Green cloud also reduces cost, builds better reputation for brands, improve efficiency, and future-proofs operations.

It further offers a comprehensive coverage of the strategic alliances such as mergers and acquisitions, joint ventures, collaborations, product launches, brand promotions, and partnerships, among others. Key strategic alliances for product development and advancements is expected to add traction to market growth going ahead. The report also covers an in-depth analysis of the key competitors of the market along with their growth strategies and business expansion plans.

Companies profiled in the global Carbon Neutral Data Center market:

ABB Group, Amazon.com, Inc., 3M Company, Alphabet Inc., Cisco Systems, Inc., Hewlett Packard Enterprise (HPE), Eaton Corporation plc, Fujitsu Ltd., IBM Corporation, and Microsoft Corporation.

Key insights presented in the report:

• Market revenue shares by major business players, by type, by application, and market scope of global Carbon Neutral Data Center market
• Sales revenue by key players and new entrants
• Competitive analysis of the key players including aspects such as company overview, product or services specification, vendors, and buyers.
• Recent mergers, acquisitions, product launches, recent investments, and joint ventures
• Regional analysis to provide insight to recent trends and opportunities

The report also covers the scope of individual applications and types in each region. The report also covers details about production and consumption patterns, technological developments, revenue growth, market size, market share, key trends and demands influencing market growth in the region, and robust presence of key players in the region.

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Emergen Research has segmented the global carbon neutral data center market on the basis of data center type, solution, industry, and region:

Data Center Type Outlook (Revenue, USD Billion; 2018–2028)

Hyperscale Data Centers

Colocation Data Centers

Enterprise Data Centers

Others

Solution Outlook (Revenue, USD Billion; 2018–2028)

Hardware

Cooling and Power

Servers

Storage and Networking

Software and Platform

Support Services

Industry Outlook (Revenue, USD Billion; 2018–2028)

BFSI

Retail

Healthcare

Government and Public Sector

IT and Telecom

Manufacturing

Others

Key Findings from the Report:

In January 2021, over 40 companies signed new climate-neutral data centre pact to make Europe climate-neutral by 2030. The agreement establishes measurable targets including water conservation, purchasing of carbon-free energy, heat recycling, and reuse repair of servers. Some of the signees to the agreement include Google, Aruba, AWS, NTT, Equinix, and Scaleway. The target was developed with a focus on making Europe climate-neutral by 2050.

Hyperscale data centre is owned and operated by the company it supports. This includes Microsoft, AWS, Apple, and Google. These data centres offer scalable, robust applications and storage portfolio to individuals or businesses.

Hyperscale is necessary for cloud and big data storage. Hyperscale data center segment accounted for largest revenue share in 2020 as most of the large-scale companies have pledged carbon neutrality by 2030.

Regional Outlook of Carbon Neutral Data Center Market:

• North America
  • S.
  • Canada
  • Mexico
• Europe
  • Germany
  • K.
  • Italy
  • France
  • BENELUX
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of APAC
• Latin America
  • Brazil
  • Rest of LATAM
• Middle East Africa
  • Saudi Arabia
  • A.E.
  • South Africa
  • Rest of MEA

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