US Green Data Center Market To Hit $13.81 Billion By 2015
From 2010 to 2015, the U.S. green data center market is projected to increase from $3.82 billion to $13.81 billion, according to the latest issue of EL Insights. This represents a compound annual growth rate (CAGR) of 29% during this time period.
Information technology is responsible for two percent of the world’s carbon emissions and the average data center uses as much electricity as 40,000 homes annually. Data centers operate at only four percent average utilization and represent 3 percent of all energy use in the United States. Worldwide there are 4.75 million operating servers that are not actively used and cost $20.7 billion to run, consume $3.7 billion in energy costs, and effectively waste $21.4 billion annually on maintenance, management, hardware, energy, and cooling.
In addition, EL Insights finds that U.S. Government expenditures on green data centers will reach $0.86 billion in 2010 and increase to $2.05 billion in 2015, accounting for 14.9% of the green data center market in the U.S.
According to EL Insights, companies can expect:
–An increase in the regulatory environment for monitoring energy efficiency of data centers which will put pressure on green data center vendors to develop products tailored to the public sector and encourage established government contractors to increase their service offerings to include green data center advisory services.
–Between now and 2014, there will be a 23.4 per cent increase in expenditure on public clouds and a 119.2 per cent rise in…
This is a preview of EL Insights Subscription Content. If you’re already a subscriber, download the current issue here.
Delivered two times a month, every issue of EL Insights is developed to help businesses understand the implications of an emerging energy, environmental or sustainability technology, to inspire innovation within companies, and to provide executives with timely data, charts and market insights.
For industry insiders needing to stay informed, EL Insights is the one subscription that delivers opportunity-focused, actionable insights that are both engaging and accessible.
Get a no-obligation issue of EL Insights here.
Energy Manager News
- Microgrids, Now Mainstream, Continue to Advance
- Developing Economies Increasing their Share of Renewable Capacity
- LG Chem In Big German Battery Project
- ERC: Electricity Price Trends for the Week Ending Nov. 20
- PUCO: ‘Fixed Means Fixed’ in Retail Contracts
- FERC Requires Reports on Price Formation
- Viridian Energy Moves into Texas Market
- PUC Approves PPL’s 6.1% Rate Hike