Number crunchers BIS Research had a look at the carbon neutral data centre market and has predicted last year’s revenues of US$5.02 billion will more than triple by 2027.
According to the study, revenue will reach US$16.53 billion as government regulations on carbon emissions increase and there is a rising emphasis on renewable energy
The report said that there is growing energy-efficient alternatives for data centre cooling and sustainable development efforts and corporate social responsibility (CSR) activities
Some of this will help cut the rising global cost of electricity.
BIS principal analyst Rakhi Tanwar expects carbon neutral data centres to be a “great replacement of the conventional power sources and techniques used for operating data centres.
“Through the adoption of renewable sources of energy, the global climate neutral goals can be achieved, and carbon emissions can be mitigated along with an increase in storage capacity.”
BIS said that carbon neutral data centres are equipped with various types of technologies and advancements that can be used in hyperscale centres, enterprise, co-location data centres, and others, which include modular and mobile data facilities.
However, the market is expected to be dominated by hyperscale data centres, “because most of the leading hyperscale and cloud service providers have committed to going carbon neutral”, said BIS.
The study analyses and profiles key players in the global carbon neutral data centre market, including cloud service providers, power and cooling service provider, data centre provider, and infrastructure manufacturers. It also benchmarks players operating in the global carbon neutral data centre market to help the reader understand how they stack up against each other.
BIS is projecting the market to grow at a compound annual growth rate (CAGR) of 22.19 percent between 2022 and 2027.
