PUBLISHER: Knowledge Sourcing Intelligence | PRODUCT CODE: 1742645
PUBLISHER: Knowledge Sourcing Intelligence | PRODUCT CODE: 1742645
The Data Center Energy Management Solutions Market is expected to grow from US$8.889 billion in 2025 to US$16.004 billion in 2030, at a CAGR of 12.48%.
The amount of traffic being generated from the use of internet services is increasing and is leading to an increase in the need among data centers to effectively manage and store the data. Additionally, with the increasing number of data centers, energy usage is increasing, which is resulting in increased demand for data center energy management solutions to reduce the cost incurred due to excess power consumption, thus driving the growth of the market.
Moreover, initiatives are being taken to fuel the growth of advanced technologies and services such as 5G, Internet of Things (IoT), Artificial Intelligence (AI), and Virtual Reality (VR) to increase their adoption across rapidly growing end-user industries across the globe. These investments are driving the demand for data processing and information interaction solutions to gain meaningful insights from huge volumes of data generated across digitized business functions. This is increasing the flow of investments into the construction of new data centers and the expansion of existing ones, thus driving the demand for efficient data center energy management solutions.
Furthermore, the players are offering products to cater to the requirements of different end-user industries and launching new products to increase their market share. For example, Huawei, one of the leading companies in providing telecommunication equipment, smartphones, and other appliances, is offering its product series called the "NetCol8000E". The cooling products that are a part of this series feature indirect evaporative cooling technology to significantly extend free cooling time, with Huawei's Artificial Intelligence-based solution known as "cooling". This uses intelligent water-saving and power-saving modes, thus maximizing the use of natural cold sources. It is provided with a built-in Direct Expansion (DX) cooling system to support continuous cooling, Also, it is easy to assemble and install, and is an efficient solution for decreasing energy usage and consumption in the data center.
Intel Corporation, one of the leading multinational technology companies, based in America, offers its product called the "Intel Data Center Manager". This product is a software solution that facilitates the collection and analysis of real-time health, power, and thermals of a variety of devices in data centers, with the purpose the increasing efficiency and reducing downtime. It can cater to some other functions in the data center, such as the predictive detection of the anomalies being encountered during the cooling process and resolving thermal issues before thermal issue occurs a causes a surge in energy consumption.
Huawei also offers another product series, which is called the NetCol5000-A. This is a series comprising smart cooling products that comply with the requirements of small-sized and medium-sized data centers. This cooling and energy management product is mounted or deployed between the racks, and it has advanced features such as a variable frequency design and a step-less capacity regulation that can show high efficiency at partial loads. Some of the other features of this product include precise and highly efficient energy management that is enabled with the help of an algorithm.
Data Center Energy Management Solutions Market Geographical Outlook:
Geographically, the data center energy management market has been segmented into North America, South America, Europe, the Middle East, and Africa, and the Asia Pacific. To give a clearer view of the market, the regional markets have been segmented into countries that hold a significant share in this market. The North American region is expected to hold a noteworthy market share and grow at a significant pace over the forecast owing to growing investments in the R&D of data center energy management solutions and the construction of new data centers here. The market growth in this region is also attributed to the well-developed Information, Communication, and Technology sector in countries such as the US.
Moreover, there are increasing investments in the Asia Pacific region in countries such as India, and China, to facilitate the development and growth of the Information, Communication, and Technology industry and to boost the adoption of cloud computing solutions, which are leading to more data center projects in these countries, hence, pushing the demand further for data center energy management solutions. For instance, major players and technology giants such as Apple Inc., Tencent Holdings Ltd., and Huawei Technologies Co. Ltd. are boosting their efforts to facilitate the development of more data centers in Southwest China to take advantage of its favorable climate and the presence of ample power resources.
In addition, in March 2019, Site24x7, which is a subsidiary of Zoho Corporation, headquartered in India, announced that they have opened a new and fifth data center in China to augment the growth and accelerate the development of digital transformation and DevOps requirements. Meanwhile, in January 2020, WebWerks, one of the leading data center companies and cloud service providers, based in India, announced that they had launched a new data center in the Delhi-NCR region to meet the growing needs of different industries. Additionally, this is the only data center in India that features Cloudscene's H1 Data Center Ecosystem Leaderboard. This data center has an operating potential of 10 MW and holds the capability of 1800 racks, with the possibility of further expansion.
Some of the major players covered as a part of this report are Simens AG, Cisco, Vigilent Corporation, SevOne (IBM), Sunbird Inc., Honeywell International Inc., Hyperview Technologies Inc, Johnson Controls, Schneider Electric, Intel Corporation, and Huawei Technologies Co., Ltd.
Data Center Energy Management Solutions Market Segment Analysis:
The data center energy management solutions market has been segmented based on solution, deployment, data center type, end-user, and geography. By solution, the market has been segmented into software, hardware, and services. The software has been further segmented into BEMS and DCIM. Hardware has been further segmented as cooling solutions, monitoring and control solutions, intelligent lighting control solutions, and others. Services have been further segmented as consulting, installation, and support. By end-user, the market has been segmented as BFSI, energy and power, manufacturing, IT & telecommunication, and others.
Data Center Energy Management Solutions Market Segmentation