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Research and Markets: Global Green Data Center Market Report 2014-2019 - Key Forecasts & Analysis for the $75 Billion IndustryDUBLIN --(Business Wire)-- Research and Markets (http://www.researchandmarkets.com/research/7mpc4m/green_data_center) has announced the addition of the "Green Data Center Market by Solutions, Services, Users - Global Advancements, Worldwide Forecasts & Analysis (2014-2019)" report to their offering. The market will grow from $22.76 billion in 2014 to $75.89 billion by 2019, at a Compound Annual Growth Rate (CAGR) of 27.2%. The figure given below highlights the overall market opportunity in terms of absolute dollar value and Y-O-Y growth. Unremitting technological advancements, mass availability of communication equipment, and surging demand for data storage are creating an extensive need for the deployment of more data centers all across the world. But, with skyrocketing electricity cost, constraints with data center space, strict montary budgets of organizations, and pressurizing government regulations are forcing the data center owners and managers to come up with an environment friendly and cost-effective solution for storing their valuable data. Currently, IT contributes to around 10% of the world's electricity consumption and data centers devour 1.5% of the total world's consumption. Green data center helps in attaining energy savings of up to 80% and cost savings of more than 40%. These figures are changing the minds of data center managers and owners to step up and adopt green initiatives for their data centers. In summation, data center offers three major benefits including lower cost of energy, operational efficiency, and less environmental impact. Scope of the Report Solutions
Services
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Companies Mentioned
For more information visit http://www.researchandmarkets.com/research/7mpc4m/green_data_center
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