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Green Data Center Market to Reach $41B Annually by 2015

Date: August 5, 2010

(Pike Research) - The IT industry is responsible for around 2% of the world’s carbon emissions and data centers are the fastest growing part of that footprint.   While energy efficiency has not traditionally been a major emphasis for IT organizations, the industry is now highly focused on implementing solutions that will reduce energy expenses and carbon emissions associated with data center operations.  According to a new report from Pike Research, the investment in greener data centers will experience rapid growth over the next five years, increasing from $7.5 billion in global revenue to $41.4 billion by 2015, representing 28% of the total data center market.

“Cost of energy has seldom been a concern for IT departments in the past,” says industry analyst Eric Woods, “and there was little incentive to invest in energy efficiency improvements.  But as data center energy costs become more visible, the financial benefits of moving to a greener mode of operation are being recognized by CEOs, CFOs, and CIOs.”

For more on the Pike Research, visit: http://www.pikeresearch.com/newsroom/green-data-center-market-to-reach-41-billion-annually-by-2015



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