Data Center Energy Management Solution Market – The Rise In Adoption Of Cloud-Based Technologies Cou
Data Center Energy Management Solution Market: Overview
Data centers is a type of physical or virtual infrastructure used by enterprises for housing various computers, servers, and networking systems along with components for storing and processing high volumes of data and serving it to clients in a client-to-server architecture. These data centers basically serve as principal repositories of IT equipment that include servers, networking switches, storage subsystems, routers, and firewalls. The data center energy management ensures maintaining of reliable connections between the data center and companies containing critical information that is already stored with the center. Data centers is a facility composed of several networked computers and storage devices that organization uses to organize, store, process and disperse large amounts of data. Any business heavily relies on data for its day-to-day operations. Organization’s most critical processes take place in data centers. Due to all these reasons, there is need to manage the energy in the data center to reduce the data center energy footprint. Several companies such as Apple Inc., IBM have come up with innovative techniques to reduce the nonrenewable energy requirements for their data centers. These companies are using renewable energy resources to reduce the data center energy footprint. Data center companies are looking to improve their rack designs for energy management of different equipment’s used in datacenters in such a way, that racks can naturally act as a heat sink and cool down the servers and storage devices placed on these racks.
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Data Center Energy Management Solution Market: Drivers and Restraints
Increasing demand for storage space, processing power, increased bandwidths and the need for redundancy of data has led to increased use of data centers. Increasing usage of renewable energy across data centers is the key factor for data center energy management solution market. There are also various other factors such as stringent government regulations on carbon footprint can lead to increased adoption on the usage of energy management systems across data centers. However, there are certain restraints such as high initial set up cost for renewable energy equipment’s can hinder the data center energy management solution market.
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Data Center Energy Management Solution Market: Key Segments
The data center energy management solution market has been segmented based on deployment, enterprise size and region. Based on deployment, the data center energy management solution market is segmented into cloud based and on-premise deployment models. The cloud based deployment model segment is estimated to grow at higher pace. This is attributed to the rise in adoption of cloud-based technologies coupled with rising scalability offered by these technologies.
By enterprise size the data center energy management solution market is segmented as large, small and medium enterprises. Large enterprises are estimated to have major share in the global Data center energy management solution market, due to their rising investments.