Carbon Neutral Data Center Market - A Global and Regional Analysis

Focus on Product, Application and Country Analysis - Analysis and Forecast, 2022-2027

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A quick peek into the report

Market Report Coverage

Carbon Neutral Data Center Market
Forecast Period: 2022-2027
CAGR During Forecast Period: 22.19%

Carbon Neutral Data Center Market

Base Year

2021

Market Size in 2021

$5.02 Billion

Forecast Period

2022-2027

Value Projection and Estimation by 2027

$16.53 Billion

CAGR During Forecast Period

22.19%

Number of Tables

157

Number of Pages

248

Number of Figures

34

 

Key Market Players and Competition Synopsis

The companies that are profiled have been selected based on inputs gathered from primary experts and analyzing company coverage, product portfolio, and market penetration.

Some of the prominent names established in this market are:

•    3M
•    ABB Group
•    Alibaba Group
•    Alphabet Inc.
•    Amazon.com, Inc.
•    Cisco Systems, Inc.
•    Dell Inc.
•    Digital Realty Trust
•    Eaton Corporation plc
•    Equinix, Inc.
•    FUJITSU
•    Hewlett Packard Enterprise Development LP
•    IBM Corporation
•    Intel Corporation
•    Microsoft
•    ANS Group Limited
•    NEXTDC LTD.
•    CYRUSONE
•    DEAC

How can this report add value to an organization?

The study provides the reader with a detailed understanding of different carbon neutral data center products by industry, by data

Product/Innovation Strategy: The product segment helps the reader understand the different types of carbon neutral data center technologies available for deployment in the data center sector and their potential globally. Moreover, the study provides the reader with a detailed understanding of different carbon neutral data center products by industry, by data center type, and by carbon neutral solutions.

Growth/Marketing Strategy: The global carbon neutral data center market has seen major development by key players operating in the market, such as business expansion, partnership, collaboration, and joint venture. The favored strategy for the companies has been partnerships and collaborations to strengthen their position in the carbon neutral data center market. For instance, in February 2022, Merkle Standard and BITMAIN formed a collaboration to build up to 500 MW of sustainable data center infrastructure.

Competitive Strategy: Key players in the global carbon neutral data center market analyzed and profiled in the study involve cloud service providers, power and cooling service provider, data center provider, and infrastructure manufacturers. Moreover, a detailed competitive benchmarking of the players operating in the global carbon neutral data center market has been done to help the reader understand how players stack against each other, presenting a clear market landscape. Additionally, comprehensive competitive strategies such as partnerships, agreements, and collaborations will aid the reader in understanding the untapped revenue pockets in the market.

Industry & Technology Overview

The market was valued at $5.02 billion in 2021 and is projected to reach $16.53 billion in 2027.

Global Carbon Neutral Data Center Market Industry Overview

The global carbon neutral data center market was valued at $5.02 billion in 2021 and is projected to reach $16.53 billion in 2027, growing at a CAGR of 22.19% during the forecast period 2022-2027. The growth in the global carbon neutral data center market is expected to be driven by increasing government regulations on carbon emissions, emphasis on renewable energy, energy-efficient alternatives for data center cooling, electricity tariffs globally, efforts in sustainable developments, and CSR activities.

Market Lifecycle Stage

The carbon neutral data center market is still in a growing phase. The growth is attributed to the various environmental-friendly policies and government regulations. Increased research and development activities are underway to develop carbon neutral data center technologies and products, which are expected to increase due to the increased demand for data storage and digital transformation.

Global Carbon Neutral Data Center Market

Impact

•    With an increased worldwide focus on achieving climate-neutral goals and managing the demand for data storage, the shift from non-renewable energy sources to renewable energy sources in the data center industry brings significant opportunities.
•   The shift is more prominent in regions such as Europe and North America. This is because countries in these regions which have natural colder climates almost throughout the year have the highest potential in the market.

Impact of COVID-19

Since 2019, the data center industry has witnessed a growth in the carbon neutrality of data centers. Even though other sectors have been adversely affected by the COVID-19 pandemic, data center operators have seen demand for data storage double and redouble, driven by increasing digitalization, cloud, AI, and 5G adoption, and the pandemic itself. The growth in remote work, video conferencing, and internet traffic alone caused by the pandemic have been the major factors for the boost of data center capacity, which increases the accelerating transition of regions such as Asia-Pacific and Middle-East and Africa toward fully digital economies.

In contrast, data center operators find themselves reshaping data centers more extensively and faster than ever before. Corporations and big technology companies are increasingly pledging to become carbon neutral, with companies across all sectors making bold carbon reduction commitments, such as the Climate Neutral Data Centre Pact announced in 2020.

Market Segmentation:

Segmentation 1: by Industry
•    IT and Telecom
•    Banking, Financial Services, and Insurance (BFSI)
•    Government or Public Sector
•    Healthcare
•    Manufacturing
•    Retail
•    Others

The global carbon neutral data center market in the application segment is expected to be dominated by the IT and telecom industry. This is because the telecom industry is the largest consumer of data centers. Data centers are a crucial part of the ICT industry, as data transmission and data delivery operations require better connectivity.

Segmentation 2: by Data Center Type
•    Hyperscale Data Centers
•    Enterprise Data Centers
•    Colocation Data Centers
•    Others

The global carbon neutral data center market (by product, by data center type) is expected to be dominated by hyperscale data centers. This is because most of the leading hyperscale and cloud service providers have committed to going carbon neutral. These companies include Google LLC, Facebook, Microsoft, and Amazon AWS.

Segmentation 3: by Carbon Neutral Solutions
•    Hardware
•    Software and Platforms
•    Support Services

The hardware segment dominates the global carbon neutral data center market based on solutions. This is because the data centers require specialized hardware that includes servers, racks, cooling systems, and others, and these devices are crucial for data center deployment and thus have the highest capital expenditure in a data center infrastructure.

Segmentation 4: by Region
•    North America - U.S., Canada, and Mexico
•    Europe - Germany, France, Netherlands, Sweden, Norway, Denmark, Finland, Iceland, Switzerland, and Rest-of-Europe
•    U.K.
•    China
•    Asia-Pacific- Japan, Singapore, South Korea, and Rest-of-Asia-Pacific
•    Rest-of-the-World - Middle East and Africa, and South America

Europe generated the highest revenue of $3.09 billion in 2021, which is attributed to the R&D advancements and supporting government regulations in the region. Europe is an attractive region for the carbon neutral data center market because of the availability of a favorable climate for the use of renewable sources of energy.

Recent Developments in Global Carbon Neutral Data Center Market

•  In March 2022, Normative, a Swedish start-up sponsored by Google, released a free version of its carbon emissions tracker as businesses around the world struggled to figure out ways of managing their carbon impacts. 
•    In March 2022, Amazon Web Services (AWS) allowed customers to access a tool that measures the carbon footprint of cloud usage and compares it to the expected footprint of a data center located on-site.
•    In May 2022, Alibaba Cloud, the foundation of Alibaba Group's digital technology and innovation efforts, announced the opening of its third sustainable data center in Germany to meet the growing demand for digital transformation from clients across Europe.
•    In May 2022, nZero, a carbon management platform, and Corscale, the Patrinely Group's data center platform, partnered to provide customers with a sustainability solution that enables 24x7 carbon accounting and emission tracking.

Demand – Drivers and Limitations

Following are the demand drivers for the carbon neutral data center market:

•  Government Regulations on Carbon Emissions and Rising Emphasis on Renewable Energy
•  Growing Energy-Efficient Alternatives for Data Center Cooling
•  Sustainable Development Efforts and CSR Activities
•  Rising Electricity Tariffs Globally

The market is expected to face some limitations too due to the following challenges:

•   High Dependence on Non-Renewable Energy for Running Data Center Operations 
•   Higher Costs of Implementation and Compatibility Issues

Analyst Thoughts

According to Rakhi Tanwar, Principal Analyst, BIS Research, “Carbon neutral data center is expected to be a great replacement of the conventional power sources and techniques used for operating data centers. 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”.

Table of Contents

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1.1    Industry Outlook
         1.1.1    Market Definition
         1.1.2    Market Trends
                     1.1.2.1    Efficient Cooling Systems
                     1.1.2.2    Renewable Energy
                     1.1.2.3    Recovery of Waste Heat
         1.1.3    Pathway to Carbon Neutral Data Centers
                     1.1.3.1    Analysis on Current Scenario
                                   1.1.3.1.1    Distribution of the Data Centers (by Source of Energy)
                                   1.1.3.1.2    Distribution of the Data Centers (by Status)
                                   1.1.3.1.3    Distribution of the Data Centers (by Region)
         1.1.4    Ecosystem/Ongoing Programs
                     1.1.4.1    Government Programs and Initiatives Landscape
                                    1.1.4.1.1    Europe
                                    1.1.4.1.2    North America
                                    1.1.4.1.3    Asia-Pacific
                                    1.1.4.1.4    China
                                    1.1.4.1.5    Rest-of-the-World
                     1.1.4.2    Key Associations and Consortiums
1.2    Business Dynamics
         1.2.1    Business Drivers
                     1.2.1.1    Government Regulations on Carbon Emissions and Rising Emphasis on Renewable energy
                     1.2.1.2    Growing Energy-Efficient Alternatives for Data Center Cooling
                     1.2.1.3    Sustainable Development Efforts and CSR Activities
                     1.2.1.4    Rising Electricity Tariffs Globally
         1.2.2    Business Challenges
                     1.2.2.1    High Dependence on Non-Renewable Energy for Running Data Center Operations
                     1.2.2.2    Higher Costs of Implementation and Compatibility Issues
         1.2.3    Market Strategies and Developments
                     1.2.3.1    Business Strategies
                                    1.2.3.1.1    Product Launches
                                    1.2.3.1.2    Business Expansions
                     1.2.3.2    Corporate Strategies
                                    1.2.3.2.1    Mergers and Acquisitions
                                    1.2.3.2.2    Partnerships, Collaborations, and Joint Ventures
                                    1.2.3.2.3    Other Strategies
         1.2.4    Business Opportunities
                     1.2.4.1    Increasing Research and Development in Energy Storage Technologies
                     1.2.4.2    Increased Demand for Data Centers and Mega Data Centers
                     1.2.4.3    Transition from Onsite Storage Facility to Cloud Connectivity
         1.2.5    Impact of COVID-19 on Global Carbon Neutral Data Center Market
1.3    Investment Landscape
         1.3.1    Major Investments

2.1    Global Carbon Neutral Data Center Market (by Industry)
         2.1.1    IT and Telecom
         2.1.2    Banking, Financial Services, and Insurance (BFSI)
         2.1.3    Government or Public Sector
         2.1.4    Healthcare
         2.1.5    Manufacturing
         2.1.6    Retail
         2.1.7    Others
2.2    Demand Analysis of the Global Carbon Neutral Data Center Market (by Industry)

3.1    Global Carbon Neutral Data Center Market (by Data Center Type)
         3.1.1    Hyperscale Data Centers
         3.1.2    Enterprise Data Centers
         3.1.3    Colocation Data Centers
         3.1.4    Others
3.2    Demand Analysis of the Global Carbon Neutral Data Center Market (by Data Center Type)
3.3    Carbon Neutral Data Center Market (by Carbon Neutral Solutions)
         3.3.1    Hardware
                     3.3.1.1    Servers
                     3.3.1.2    Cooling and Power
                     3.3.1.3    Storage
                     3.3.1.4    Networking
         3.3.2    Software and Platforms
         3.3.3    Support Services
3.4    Demand Analysis of the Global Carbon Neutral Data Center Market (by Carbon Neutral Solutions)
3.5    Technologies Supporting Carbon Neutral Data Centers
         3.5.1    Virtualization and Consolidation
         3.5.2    Data Center Infrastructure Management (DCIM)
         3.5.3    Enabling Technologies
                     3.5.3.1    Industrial Internet of Things (IoT)
                     3.5.3.2    Artificial Intelligence (AI)
                     3.5.3.3    Blockchain
         3.5.4    Low Power Consumption Technologies
         3.5.5    Renewable Energy
3.6    Value Chain Analysis

4.1    North America
         4.1.1    Market
                     4.1.1.1    Key Data Center Service Providers in North America
                     4.1.1.2    Business Drivers
                     4.1.1.3    Business Challenges
         4.1.2    Application
                     4.1.2.1    North America Carbon Neutral Data Center Market (by Industry)
         4.1.3    Product
                     4.1.3.1    North America Carbon Neutral Data Center Market (by Data Center Type)
                     4.1.3.2    North America Carbon Neutral Data Center Market (by Solution)
                     4.1.3.3    North America Carbon Neutral Data Center Market (by Hardware Subtype)
         4.1.4    North America (by Country)
                     4.1.4.1    U.S.
                                    4.1.4.1.1    Market
                                                      4.1.4.1.1.1    Buyer Attributes
                                                      4.1.4.1.1.2    Key Data Center Service Providers in the U.S.
                                                      4.1.4.1.1.3    Business Challenges
                                                      4.1.4.1.1.4    Business Drivers
                                    4.1.4.1.2    Application
                                                      4.1.4.1.2.1    U.S. Carbon Neutral Data Center Market (by Industry), $Million, 2021-2027
                                    4.1.4.1.3    Product
                                                      4.1.4.1.3.1    U.S. Carbon Neutral Data Center Market (by Data Center Type), $Million, 2021-2027
                                                      4.1.4.1.3.2    U.S. Carbon Neutral Data Center Market (by Solution), $Million, 2021-2027
                                                      4.1.4.1.3.3    U.S. Carbon Neutral Data Center Market (by Hardware Subtype), $Million, 2021-2027
                     4.1.4.2    Canada
                                    4.1.4.2.1    Market
                                                      4.1.4.2.1.1    Buyer Attributes
                                                      4.1.4.2.1.2    Key Data Center Service Providers in Canada
                                                      4.1.4.2.1.3    Business Challenges
                                                      4.1.4.2.1.4    Business Drivers
                                    4.1.4.2.2    Application
                                                      4.1.4.2.2.1    Canada Carbon Neutral Data Center Market (by Industry), $Million, 2021-2027
                                    4.1.4.2.3    Product
                                                      4.1.4.2.3.1    Canada Carbon Neutral Data Center Market (by Data Center Type), $Million, 2021-2027
                                                      4.1.4.2.3.2    Canada Carbon Neutral Data Center Market (by Solution), $Million, 2021-2027
                                                      4.1.4.2.3.3    Canada Carbon Neutral Data Center Market (by Hardware Subtype), $Million, 2021-2027
                     4.1.4.3    Mexico
                                    4.1.4.3.1    Market
                                                      4.1.4.3.1.1    Buyer Attributes
                                                      4.1.4.3.1.2    Key Data Center Service Providers in Mexico
                                                      4.1.4.3.1.3    Business Challenges
                                                      4.1.4.3.1.4    Business Drivers
                                    4.1.4.3.2    Application
                                                      4.1.4.3.2.1    Mexico Carbon Neutral Data Center Market (by Industry), $Million, 2021-2027
                                    4.1.4.3.3    Product
                                                      4.1.4.3.3.1    Mexico Carbon Neutral Data Center Market (by Data Center Type), $Million, 2021-2027
                                                      4.1.4.3.3.2    Mexico Carbon Neutral Data Center Market (by Solution), $Million, 2021-2027
                                                      4.1.4.3.3.3    Mexico Carbon Neutral Data Center Market (by Hardware Subtype), $Million, 2021-2027
4.2    Europe
         4.2.1    Market
                     4.2.1.1    Key Data Center Service Providers in Europe
                     4.2.1.2    Business Drivers
                     4.2.1.3    Business Challenges
         4.2.2    Application
                     4.2.2.1    Europe Carbon Neutral Data Center Market (by Industry), $Million, 2021-2027
         4.2.3    Product
                     4.2.3.1    Europe Carbon Neutral Data Center Market (by Data Center Type)
                     4.2.3.2    Europe Carbon Neutral Data Center Market (by Solution)
                     4.2.3.3    Europe Carbon Neutral Data Center Market (by Hardware Subtype)
         4.2.4    Europe (by Country)
                     4.2.4.1    Germany
                                    4.2.4.1.1    Market
                                                      4.2.4.1.1.1    Buyer Attributes
                                                      4.2.4.1.1.2    Key Data Center Service Providers in Germany
                                                      4.2.4.1.1.3    Business Challenges
                                                      4.2.4.1.1.4    Business Drivers
                                    4.2.4.1.2    Application
                                                      4.2.4.1.2.1    Germany Carbon Neutral Data Center Market (by Industry), $Million, 2021-2027
                                    4.2.4.1.3    Product
                                                      4.2.4.1.3.1    Germany Carbon Neutral Data Center Market (by Data Center Type), $Million, 2021-2027
                                                      4.2.4.1.3.2    Germany Carbon Neutral Data Center Market (by Solution), $Million, 2021-2027
                                                      4.2.4.1.3.3    Germany Carbon Neutral Data Center Market (by Hardware Subtype), $Million, 2021-2027
                     4.2.4.2    France
                                    4.2.4.2.1    Market
                                                      4.2.4.2.1.1    Buyer Attributes
                                                      4.2.4.2.1.2    Key Data Center Service Providers in France
                                                      4.2.4.2.1.3    Business Challenges
                                                      4.2.4.2.1.4    Business Drivers
                                    4.2.4.2.2    Application
                                                      4.2.4.2.2.1    France Carbon Neutral Data Center Market (by Industry), $Million, 2021-2027
                                    4.2.4.2.3    Product
                                                      4.2.4.2.3.1    France Carbon Neutral Data Center Market (by Data Center Type), $Million, 2021-2027
                                                      4.2.4.2.3.2    France Carbon Neutral Data Center Market (by Solution), $Million, 2021-2027
                                                      4.2.4.2.3.3    France Carbon Neutral Data Center Market (by Hardware Subtype), $Million, 2021-2027
                     4.2.4.3    Netherlands
                                    4.2.4.3.1    Market
                                                      4.2.4.3.1.1    Buyer Attributes
                                                      4.2.4.3.1.2    Key Data Center Service Providers in the Netherlands
                                                      4.2.4.3.1.3    Business Challenges
                                                      4.2.4.3.1.4    Business Drivers
                                    4.2.4.3.2    Application
                                                      4.2.4.3.2.1    Netherlands Carbon Neutral Data Center Market (by Industry), $Million, 2021-2027
                                    4.2.4.3.3    Product
                                                      4.2.4.3.3.1    Netherlands Carbon Neutral Data Center Market (by Data Center Type), $Million, 2021-2027
                                                      4.2.4.3.3.2    Netherlands Carbon Neutral Data Center Market (by Solution), $Million, 2021-2027
                                                      4.2.4.3.3.3    Netherlands Carbon Neutral Data Center Market (by Hardware Subtype), $Million, 2021-2027
                     4.2.4.4    Sweden
                                    4.2.4.4.1    Market
                                                      4.2.4.4.1.1    Buyer Attributes
                                                      4.2.4.4.1.2    Key Data Center Service Providers in Sweden
                                                      4.2.4.4.1.3    Business Challenges
                                                      4.2.4.4.1.4    Business Drivers
                                                      4.2.4.4.1.5    Sweden Carbon Neutral Data Center Market (by Industry), $Million, 2021-2027
                                    4.2.4.4.2    Product
                                                      4.2.4.4.2.1    Sweden Carbon Neutral Data Center Market (by Data Center Type), $Million, 2021-2027
                                                      4.2.4.4.2.2    Sweden Carbon Neutral Data Center Market (by Solution), $Million, 2021-2027
                                                      4.2.4.4.2.3    Sweden Carbon Neutral Data Center Market (by Hardware Subtype), $Million, 2021-2027
                     4.2.4.5    Norway
                                    4.2.4.5.1    Market
                                                      4.2.4.5.1.1    Buyer Attributes
                                                      4.2.4.5.1.2    Key Data Center Service Providers in Norway
                                                      4.2.4.5.1.3    Business Challenges
                                                      4.2.4.5.1.4    Business Drivers
                                                      4.2.4.5.1.5    Norway Carbon Neutral Data Center Market (by Industry), $Million, 2021-2027
                                    4.2.4.5.2    Product
                                                      4.2.4.5.2.1    Norway Carbon Neutral Data Center Market (by Data Center Type), $Million, 2021-2027
                                                      4.2.4.5.2.2    Norway Carbon Neutral Data Center Market (by Solution), $Million, 2021-2027
                                                      4.2.4.5.2.3    Norway Carbon Neutral Data Center Market (by Hardware Subtype), $Million, 2021-2027
                     4.2.4.6    Denmark
                                    4.2.4.6.1    Market
                                                      4.2.4.6.1.1    Buyer Attributes
                                                      4.2.4.6.1.2    Key Data Center Service Providers in Denmark
                                                      4.2.4.6.1.3    Business Challenges
                                                      4.2.4.6.1.4    Business Drivers
                                                      4.2.4.6.1.5    Denmark Carbon Neutral Data Center Market (by Industry), $Million, 2021-2027
                                    4.2.4.6.2    Product
                                                      4.2.4.6.2.1    Denmark Carbon Neutral Data Center Market (by Data Center Type), $Million, 2021-2027
                                                      4.2.4.6.2.2    Denmark Carbon Neutral Data Center Market (by Solution), $Million, 2021-2027
                                                      4.2.4.6.2.3    Denmark Carbon Neutral Data Center Market (by Hardware Subtype), $Million, 2021-2027
                     4.2.4.7    Finland
                                    4.2.4.7.1    Market
                                                      4.2.4.7.1.1    Buyer Attributes
                                                      4.2.4.7.1.2    Key Data Center Service Providers in Finland
                                                      4.2.4.7.1.3    Business Challenges
                                                      4.2.4.7.1.4    Business Drivers
                                                      4.2.4.7.1.5    Finland Carbon Neutral Data Center Market (by Industry), $Million, 2021-2027
                                    4.2.4.7.2    Product
                                                      4.2.4.7.2.1    Finland Carbon Neutral Data Center Market (by Data Center Type), $Million, 2021-2027
                                                      4.2.4.7.2.2    Finland Carbon Neutral Data Center Market (by Solution), $Million, 2021-2027
                                                      4.2.4.7.2.3    Finland Carbon Neutral Data Center Market (by Hardware Subtype), $Million, 2021-2027
                     4.2.4.8    Iceland
                                    4.2.4.8.1    Market
                                                      4.2.4.8.1.1    Buyer Attributes
                                                      4.2.4.8.1.2    Key Data Center Service Providers in Iceland
                                                      4.2.4.8.1.3    Business Challenges
                                                      4.2.4.8.1.4    Business Drivers
                                                      4.2.4.8.1.5    Iceland Carbon Neutral Data Center Market (by Industry), $Million, 2021-2027
                                    4.2.4.8.2    Product
                                                      4.2.4.8.2.1    Iceland Carbon Neutral Data Center Market (by Data Center Type), $Million, 2021-2027
                                                      4.2.4.8.2.2    Iceland Carbon Neutral Data Center Market (by Solution), $Million, 2021-2027
                                                      4.2.4.8.2.3    Iceland Carbon Neutral Data Center Market (by Hardware Subtype), $Million, 2021-2027
                     4.2.4.9    Switzerland
                                    4.2.4.9.1    Market
                                                      4.2.4.9.1.1    Buyer Attributes
                                                      4.2.4.9.1.2    Key Data Center Service Providers in Switzerland
                                                      4.2.4.9.1.3    Business Challenges
                                                      4.2.4.9.1.4    Business Drivers
                                                      4.2.4.9.1.5    Switzerland Carbon Neutral Data Center Market (by Industry), $Million, 2021-2027
                                    4.2.4.9.2    Product
                                                      4.2.4.9.2.1    Switzerland Carbon Neutral Data Center Market (by Data Center Type), $Million, 2021-2027
                                                      4.2.4.9.2.2    Switzerland Carbon Neutral Data Center Market (by Solution), $Million, 2021-2027
                                                      4.2.4.9.2.3    Switzerland Carbon Neutral Data Center Market (by Hardware Subtype), $Million, 2021-2027
                 4.2.4.10    Rest-of-Europe
                                  4.2.4.10.1    Market
                                                      4.2.4.10.1.1    Buyer Attributes
                                                      4.2.4.10.1.2    Key Data Center Service Providers in the Rest-of-Europe
                                                      4.2.4.10.1.3    Business Challenges
                                                      4.2.4.10.1.4    Business Drivers
                                                      4.2.4.10.1.5    Rest-of-Europe Carbon Neutral Data Center Market (by Industry), $Million, 2021-2027
                                  4.2.4.10.2    Product
                                                      4.2.4.10.2.1    Rest-of-Europe Carbon Neutral Data Center Market (by Data Center Type), $Million, 2021-2027
                                                      4.2.4.10.2.2    Rest-of-Europe Carbon Neutral Data Center Market (by Solution), $Million, 2021-2027
                                                      4.2.4.10.2.3    Rest-of-Europe Carbon Neutral Data Center Market (by Hardware Subtype), $Million, 2021-2027
4.3    U.K.
         4.3.1    Market
                     4.3.1.1    Buyer Attributes
                     4.3.1.2    Key Data Center Service Providers in the U.K.
                     4.3.1.3    Business Challenges
                     4.3.1.4    Business Drivers
         4.3.2    Application
                     4.3.2.1    U.K. Carbon Neutral Data Center Market (by Industry), $Million, 2021-2027
         4.3.3    Product
                     4.3.3.1    U.K. Carbon Neutral Data Center Market (by Data Center Type), $Million, 2021-2027
                     4.3.3.2    U.K. Carbon Neutral Data Center Market (by Solution), $Million, 2021-2027
                     4.3.3.3    U.K. Carbon Neutral Data Center Market (by Hardware Subtype), $Million, 2021-2027
4.4    China
         4.4.1    Market
                     4.4.1.1    Buyer Attributes
                     4.4.1.2    Key Data Center Service Providers in China
                     4.4.1.3    Business Challenges
                     4.4.1.4    Business Drivers
         4.4.2    Application
                     4.4.2.1    China Carbon Neutral Data Center Market (by Industry), $Million, 2021-2027
         4.4.3    Product
                     4.4.3.1    China Carbon Neutral Data Center Market (by Data Center Type), $Million, 2021-2027
                     4.4.3.2    China Carbon Neutral Data Center Market (by Solution), $Million, 2021-2027
                     4.4.3.3    China Carbon Neutral Data Center Market (by Hardware Subtype), $Million, 2021-2027
4.5    Asia-Pacific
         4.5.1    Market
                     4.5.1.1    Buyer Attributes
                     4.5.1.2    Key Data Centers Service Providers in Asia-Pacific
                     4.5.1.3    Business Drivers
                     4.5.1.4    Business Challenge
         4.5.2    Application
                     4.5.2.1    Asia-Pacific Carbon Neutral Data Center Market (by Industry), $Million, 2021-2027
         4.5.3    Product
                     4.5.3.1    Asia-Pacific Carbon Neutral Data Center Market (by Data Center Type), $Million, 2021-2027
                     4.5.3.2    Asia-Pacific Carbon Neutral Data Center Market (by Solution), $Million, 2021-2027
                     4.5.3.3    Asia-Pacific Carbon Neutral Data Center Market (by Hardware Subtype), $Million, 2021-2027
         4.5.4    Asia-Pacific (by Country)
                     4.5.4.1    Japan
                                    4.5.4.1.1    Market
                                                      4.5.4.1.1.1    Buyer Attributes
                                                      4.5.4.1.1.2    Key Data Center Service Providers in Japan
                                                      4.5.4.1.1.3    Business Challenges
                                                      4.5.4.1.1.4    Business Drivers
                                    4.5.4.1.2    Application
                                                      4.5.4.1.2.1    Japan Carbon Neutral Data Center Market (by Industry), $Million, 2021-2027
                                    4.5.4.1.3    Product
                                                      4.5.4.1.3.1    Japan Carbon Neutral Data Center Market (by Data Center Type), $Million, 2021-2027
                                                      4.5.4.1.3.2    Japan Carbon Neutral Data Center Market (by Solution), $Million, 2021-2027
                                                      4.5.4.1.3.3    Japan Carbon Neutral Data Center Market (by Hardware Subtype), $Million, 2021-2027
                     4.5.4.2    Singapore
                                    4.5.4.2.1    Market
                                                      4.5.4.2.1.1    Buyer Attributes
                                                      4.5.4.2.1.2    Key Data Center Service Providers in Singapore
                                                      4.5.4.2.1.3    Business Challenges
                                                      4.5.4.2.1.4    Business Drivers
                                    4.5.4.2.2    Application
                                                      4.5.4.2.2.1    Singapore Carbon Neutral Data Center Market (by Industry), $Million, 2021-2027
                                    4.5.4.2.3    Product
                                                      4.5.4.2.3.1    Singapore Carbon Neutral Data Center Market (by Data Center Type), $Million, 2021-2027
                                                      4.5.4.2.3.2    Singapore Carbon Neutral Data Center Market (by Solution), $Million, 2021-2027
                                                      4.5.4.2.3.3    Singapore Carbon Neutral Data Center Market (by Hardware Subtype), $Million, 2021-2027
                     4.5.4.3    South Korea
                                    4.5.4.3.1    Market
                                                      4.5.4.3.1.1    Buyer Attributes
                                                      4.5.4.3.1.2    Key Data Center Service Providers in South Korea
                                                      4.5.4.3.1.3    Business Challenges
                                                      4.5.4.3.1.4    Business Drivers
                                    4.5.4.3.2    Application
                                                      4.5.4.3.2.1    South Korea Carbon Neutral Data Center Market (by Industry), $Million, 2021-2027
                                    4.5.4.3.3    Product
                                                      4.5.4.3.3.1    South Korea Carbon Neutral Data Center Market (by Data Center Type), $Million, 2021-2027
                                                      4.5.4.3.3.2    South Korea Carbon Neutral Data Center Market (by Solution), $Million, 2021-2027
                                                      4.5.4.3.3.3    South Korea Carbon Neutral Data Center Market (by Hardware Subtype), $Million, 2021-2027
                     4.5.4.4    Rest-of-Asia-Pacific
                                    4.5.4.4.1    Market
                                                      4.5.4.4.1.1    Buyer Attributes
                                                      4.5.4.4.1.2    Key Data Center Service Providers in the Rest-of-Asia-Pacific
                                                      4.5.4.4.1.3    Business Challenges
                                                      4.5.4.4.1.4    Business Drivers
                                    4.5.4.4.2    Application
                                                      4.5.4.4.2.1    Rest-of-Asia-Pacific Carbon Neutral Data Center Market (by Industry), $Million, 2021-2027
                                    4.5.4.4.3    Product
                                                      4.5.4.4.3.1    Rest-of-Asia-Pacific Carbon Neutral Data Center Market (by Data Center Type), $Million, 2021-2027
                                                      4.5.4.4.3.2    Rest-of-Asia-Pacific Carbon Neutral Data Center Market (by Solution), $Million, 2021-2027
                                                      4.5.4.4.3.3    Rest-of-Asia-Pacific Carbon Neutral Data Center Market (by Hardware Subtype), $Million, 2021-2027
4.6    Rest-of-the-World
         4.6.1    Market
                     4.6.1.1    Buyer Attributes
                     4.6.1.2    Key Data Center Service Providers in the Rest-of-the-World
                     4.6.1.3    Business Drivers
                     4.6.1.4    Business Challenges
         4.6.2    Application
                     4.6.2.1    Rest-of-the-World Carbon Neutral Data Center Market (by Industry), $Million, 2021-2027
         4.6.3    Product
                     4.6.3.1    Rest-of-the-World Carbon Neutral Data Center Market (by Data Center Type), $Million, 2021-2027
                     4.6.3.2    Rest-of-the-World Carbon Neutral Data Center Market (by Solution), $Million, 2021-2027
                     4.6.3.3    Rest-of-the-World Carbon Neutral Data Center Market (by Hardware Subtype), $Million, 2021-2027
         4.6.4    Rest-of-the-World (by Country)
                     4.6.4.1    Middle East and Africa
                                    4.6.4.1.1    Market
                                                      4.6.4.1.1.1    Buyer Attributes
                                                      4.6.4.1.1.2    Key Data Center Service Providers in the Middle East and Africa
                                                      4.6.4.1.1.3    Business Challenges
                                                      4.6.4.1.1.4    Business Drivers
                                    4.6.4.1.2    Application
                                                      4.6.4.1.2.1    Middle East and Africa Carbon Neutral Data Center Market (by Industry), $Million, 2021-2027
                                    4.6.4.1.3    Product
                                                      4.6.4.1.3.1    Middle East and Africa Carbon Neutral Data Center Market (by Data Center Type), $Million, 2021-2027
                                                      4.6.4.1.3.2    Middle East and Africa Carbon Neutral Data Center Market (by Solution), $Million, 2021-2027
                                                      4.6.4.1.3.3    Middle East and Africa Carbon Neutral Data Center Market (by Hardware Subtype), $Million, 2021-2027
                     4.6.4.2    South America
                                    4.6.4.2.1    Market
                                                      4.6.4.2.1.1    Buyer Attributes
                                                      4.6.4.2.1.2    Key Data Center Service Providers in South America
                                                      4.6.4.2.1.3    Business Challenges
                                                      4.6.4.2.1.4    Business Drivers
                                    4.6.4.2.2    Application
                                                      4.6.4.2.2.1    South America Carbon Neutral Data Center Market (by Industry), $Million, 2021-2027
                                    4.6.4.2.3    Product
                                                      4.6.4.2.3.1    South America Carbon Neutral Data Center Market (by Data Center Type), $Million, 2021-2027
                                                      4.6.4.2.3.2    South America Carbon Neutral Data Center Market (by Solution), $Million, 2021-2027
                                                      4.6.4.2.3.3    South America Carbon Neutral Data Center Market (by Hardware Subtype), $Million, 2021-2027

5.1    Competitive Benchmarking
5.2    Company Profiles
         5.2.1    3M
                     5.2.1.1    Company Overview
                                    5.2.1.1.1    Role of 3M in the Carbon Neutral Data Center Market
                                    5.2.1.1.2    Product Portfolio
                     5.2.1.2    Analyst View
         5.2.2    ABB Group
                     5.2.2.1    Company Overview
                                    5.2.2.1.1    Role of ABB Group in the Carbon Neutral Data Center Market
                                    5.2.2.1.2    Product Portfolio
                     5.2.2.2    Business Strategies
                                    5.2.2.2.1    Market Developments
                                    5.2.2.2.2    Product Developments
                     5.2.2.3    Analyst View
         5.2.3    Alibaba Group
                     5.2.3.1    Company Overview
                                    5.2.3.1.1    Role of Alibaba Group in the Carbon Neutral Data Center Market
                                    5.2.3.1.2    Product Portfolio
                     5.2.3.2    Business Strategies
                                    5.2.3.2.1    Market Developments
                     5.2.3.3    Analyst View
         5.2.4    Alphabet Inc.
                     5.2.4.1    Company Overview
                                    5.2.4.1.1    Role of Alphabet Inc. in the Carbon Neutral Data Center Market
                                    5.2.4.1.2    Product Portfolio
                     5.2.4.2    Business Strategies
                                    5.2.4.2.1    Market Developments
                                    5.2.4.2.2    Product Developments
                     5.2.4.3    Corporate Strategies
                                    5.2.4.3.1    Partnerships
                     5.2.4.4    Analyst View
         5.2.5    Amazon.com, Inc.
                     5.2.5.1    Company Overview
                                    5.2.5.1.1    Role of Amazon.com, Inc. in the Carbon Neutral Data Center Market
                                    5.2.5.1.2    Product Portfolio
                     5.2.5.2    Analyst View
         5.2.6    Cisco Systems, Inc.
                     5.2.6.1    Company Overview
                                    5.2.6.1.1    Role of Cisco Systems, Inc. in the Carbon Neutral Data Center Market
                                    5.2.6.1.2    Product Portfolio
                     5.2.6.2    Analyst View
         5.2.7    Dell Inc.
                     5.2.7.1    Company Overview
                                    5.2.7.1.1    Role of Dell Inc. in the Carbon Neutral Data Center Market
                                    5.2.7.1.2    Product Portfolio
                     5.2.7.2    Analyst View
         5.2.8    Digital Realty Trust
                     5.2.8.1    Company Overview
                                    5.2.8.1.1    Role of Digital Realty Trust in the Carbon Neutral Data Center Market
                                    5.2.8.1.2    Product Portfolio
                     5.2.8.2    Business Strategies
                                    5.2.8.2.1    Market Developments
                     5.2.8.3    Corporate Strategies
                                    5.2.8.3.1    Partnerships, Collaborations, and Joint Ventures
                     5.2.8.4    Analyst View
         5.2.9    Eaton Corporation plc
                     5.2.9.1    Company Overview
                                    5.2.9.1.1    Role of Eaton Corporation plc in the Carbon Neutral Data Center Market
                                    5.2.9.1.2    Product Portfolio
                     5.2.9.2    Analyst View
     5.2.10    Equinix, Inc.
                   5.2.10.1    Company Overview
                                    5.2.10.1.1    Role of Equinix, Inc. in the Carbon Neutral Data Center Market
                                    5.2.10.1.2    Product Portfolio
                   5.2.10.2    Business Strategies
                                    5.2.10.2.1    Market Developments
                   5.2.10.3    Corporate Strategies
                                    5.2.10.3.1    Partnerships, Collaborations, and Joint Ventures
                                    5.2.10.3.2    Mergers and Acquisitions
                   5.2.10.4    Analyst View
     5.2.11    FUJITSU
                   5.2.11.1    Company Overview
                                    5.2.11.1.1    Role of FUJITSU in the Carbon Neutral Data Center Market
                                    5.2.11.1.2    Product Portfolio
                   5.2.11.2    Business Strategies
                                    5.2.11.2.1    Market Developments
                   5.2.11.3    Analyst View
     5.2.12    Hewlett Packard Enterprise Development LP
                   5.2.12.1    Company Overview
                                    5.2.12.1.1    Role of Hewlett Packard Enterprise Development LP in the Carbon Neutral Data Center Market
                                    5.2.12.1.2    Product Portfolio
                   5.2.12.2    Analyst View
     5.2.13    IBM Corporation
                   5.2.13.1    Company Overview
                                    5.2.13.1.1    Role of IBM Corporation in the Carbon Neutral Data Center Market
                                    5.2.13.1.2    Product Portfolio
                   5.2.13.2    Corporate Strategies
                                    5.2.13.2.1    Partnerships, Collaborations, and Joint Ventures
                   5.2.13.3    Analyst View
     5.2.14    Intel Corporation
                   5.2.14.1    Company Overview
                                    5.2.14.1.1    Role of Intel Corporation in the Carbon Neutral Data Center Market
                                    5.2.14.1.2    Product Portfolio
                   5.2.14.2    Corporate Strategies
                                    5.2.14.2.1    Partnerships, Collaborations, and Joint Ventures
                   5.2.14.3    Analyst View
     5.2.15    Microsoft
                   5.2.15.1    Company Overview
                                    5.2.15.1.1    Role of Microsoft in the Carbon Neutral Data Center Market
                                    5.2.15.1.2    Product Portfolio
                   5.2.15.2    Business Strategies
                                    5.2.15.2.1    Market Developments
                                    5.2.15.2.2    Product Developments
                   5.2.15.3    Analyst View
     5.2.16    ANS Group Limited
                   5.2.16.1    Company Overview
                                    5.2.16.1.1    Role of ANS Group Limited in the Carbon Neutral Data Center Market
                                    5.2.16.1.2    Product Portfolio
                   5.2.16.2    Corporate Strategies
                                    5.2.16.2.1    Mergers and Acquisitions
                   5.2.16.3    Analyst View
     5.2.17    NEXTDC LTD.
                   5.2.17.1    Company Overview
                                    5.2.17.1.1    Role of NEXTDC LTD. in the Carbon Neutral Data Center Market
                                    5.2.17.1.2    Product Portfolio
                   5.2.17.2    Corporate Strategies
                                    5.2.17.2.1    Acquisitions
                   5.2.17.3    Analyst View
     5.2.18    CYRUSONE
                   5.2.18.1    Company Overview
                                    5.2.18.1.1    Role of CYRUSONE in the Carbon Neutral Data Center Market
                                    5.2.18.1.2    Product Portfolio
                   5.2.18.2    Corporate Strategies
                                    5.2.18.2.1    Acquisitions
                                    5.2.18.2.2    Partnerships
                   5.2.18.3    Analyst View
     5.2.19    DEAC
                   5.2.19.1    Company Overview
                                    5.2.19.1.1    Role of DEAC in the Carbon Neutral Data Center Market
                                    5.2.19.1.2    Product Portfolio
                   5.2.19.2    Business Strategies
                                    5.2.19.2.1    Market Developments
                   5.2.19.3    Corporate Strategies
                                    5.2.19.3.1    Partnerships
                   5.2.19.4    Analyst View
5.3    Data Center Operators and their Current Carbon Neutral Status

6.1    Data Sources
         6.1.1    Primary Data Sources
         6.1.2    Secondary Data Sources
         6.1.3    Data Triangulation
6.2    Market Estimation and Forecast
         6.2.1    Factors for Data Prediction and Modeling

Table 1:    Data Center: Green vs. Carbon Neutral
Table 2:    Companies that Achieved PUE Less than 1.2
Table 3:    Key Associations and Consortiums in the Carbon Neutral Data Center Market
Table 4:    Major Investments in the Carbon Neutral Data Center Market
Table 5:    Global Carbon Neutral Data Center Market (by Industry), $Million, 2021-2027
Table 6:    Global Carbon Neutral Data Center Market (by Industry), $Million, 2021-2027
Table 7:    Global Carbon Neutral Data Center Market (by Carbon Neutral Solutions), $Million, 2021-2027
Table 8:    Carbon Neutral Data Center Market (by Hardware Subtype) $Million, 2021-2027
Table 9:    Global Carbon Neutral Data Center Market (by Hardware Subtype), TWh, 2021-2027
Table 10:    Global Carbon Neutral Data Center Market (by Region), $Million, 2021-2027
Table 11:    Global Carbon Neutral Data Center Market (by Region), TWh, 2021-2027
Table 12:    North America Carbon Neutral Data Center Market (by Industry), $Million, 2021-2027
Table 13:    North America Carbon Neutral Data Center Market (by Data Center Type), $Million, 2021-2027
Table 14:    North America Carbon Neutral Data Center Market (by Solution), $Million, 2021-2027
Table 15:    North America Carbon Neutral Data Center Market (by Hardware Subtype), $Million, 2021-2027
Table 16:    North America Carbon Neutral Data Center Market (by Country), $Million, 2021-2027
Table 17:    U.S. Carbon Neutral Data Center Market (by Industry), $Million, 2021-207
Table 18:    U.S. Carbon Neutral Data Center Market (by Data Center Type), $Million, 2021-2027
Table 19:    U.S. Carbon Neutral Data Center Market (by Solution), $Million, 2021-2027
Table 20:    U.S. Carbon Neutral Data Center Market (by Hardware Subtype), $Million, 2021-2027
Table 21:    Canada Carbon Neutral Data Center Market (by Industry), $Million, 2021-207
Table 22:    Canada Carbon Neutral Data Center Market (by Data Center Type), $Million, 2021-2027
Table 23:    Canada Carbon Neutral Data Center Market (by Solution), $Million, 2021-2027
Table 24:    Canada Carbon Neutral Data Center Market (by Hardware Subtype), $Million, 2021-2027c
Table 25:    Mexico Carbon Neutral Data Center Market (by Industry), $Million, 2021-207
Table 26:    Mexico Carbon Neutral Data Center Market (by Data Center Type), $Million, 2021-2027
Table 27:    Mexico Carbon Neutral Data Center Market (by Solution), $Million, 2021-2027
Table 28:    Mexico Carbon Neutral Data Center Market (by Hardware Subtype), $Million, 2021-2027
Table 29:    Europe Carbon Neutral Data Center Market (by Industry), $Million, 2021-2027
Table 30:    Europe Carbon Neutral Data Center Market (by Data Center Type), $Million, 2021-2027
Table 31:    Europe Carbon Neutral Data Center Market (by Solution), $Million, 2021-2027
Table 32:    Europe Carbon Neutral Data Center Market (by Hardware Subtype), $Million, 2021-2027
Table 33:    Europe Carbon Neutral Data Center Market (by Country), $Million, 2021-2027
Table 34:    Germany Carbon Neutral Data Center Market (by Industry), $Million, 2021-2027
Table 35:    Germany Carbon Neutral Data Center Market (by Data Center Type), $Million, 2021-2027
Table 36:    Germany Carbon Neutral Data Center Market (by Solution), $Million, 2021-2027
Table 37:    Germany Carbon Neutral Data Center Market (by Hardware Subtype), $Million, 2021-2027
Table 38:    France Carbon Neutral Data Center Market (by Industry), $Million, 2021-2027
Table 39:    France Carbon Neutral Data Center Market (by Data Center Type), $Million, 2021-2027
Table 40:    France Carbon Neutral Data Center Market (by Solution), $Million, 2021-2027
Table 41:    France Carbon Neutral Data Center Market (by Hardware Subtype), $Million, 2021-2027
Table 42:    Netherlands Carbon Neutral Data Center Market (by Industry), $Million, 2021-2027
Table 43:    Netherlands Carbon Neutral Data Center Market (by Data Center Type), $Million, 2021-2027
Table 44:    Netherlands Carbon Neutral Data Center Market (by Solution), $Million, 2021-2027
Table 45:    Netherlands Carbon Neutral Data Center Market (by Hardware Subtype), $Million, 2021-2027
Table 46:    Sweden Carbon Neutral Data Center Market (by Industry), $Million, 2021-2027
Table 47:    Sweden Carbon Neutral Data Center Market (by Data Center Type), $Million, 2021-2027
Table 48:    Sweden Carbon Neutral Data Center Market (by Solution), $Million, 2021-2027
Table 49:    Sweden Carbon Neutral Data Center Market (by Hardware Subtype), $Million, 2021-2027
Table 50:    Norway Carbon Neutral Data Center Market (by Industry), $Million, 2021-2027
Table 51:    Norway Carbon Neutral Data Center Market (by Data Center Type), $Million, 2021-2027
Table 52:    Norway Carbon Neutral Data Center Market (by Solution), $Million, 2021-2027
Table 53:    Norway Carbon Neutral Data Center Market (by Hardware Subtype), $Million, 2021-2027
Table 54:    Denmark Carbon Neutral Data Center Market (by Industry), $Million, 2021-2027
Table 55:    Denmark Carbon Neutral Data Center Market (by Data Center Type), $Million, 2021-2027
Table 56:    Denmark Carbon Neutral Data Center Market (by Solution), $Million, 2021-2027
Table 57:    Denmark Carbon Neutral Data Center Market (by Hardware Subtype), $Million, 2021-2027
Table 58:    Finland Carbon Neutral Data Center Market (by Industry), $Million, 2021-2027
Table 59:    Finland Carbon Neutral Data Center Market (by Data Center Type), $Million, 2021-2027
Table 60:    Finland Carbon Neutral Data Center Market (by Solution), $Million, 2021-2027
Table 61:    Finland Carbon Neutral Data Center Market (by Hardware Subtype), $Million, 2021-2027
Table 62:    Iceland Carbon Neutral Data Center Market (by Industry), $Million, 2021-2027
Table 63:    Iceland Carbon Neutral Data Center Market (by Data Center Type), $Million, 2021-2027
Table 64:    Iceland Carbon Neutral Data Center Market (by Solution), $Million, 2021-2027
Table 65:    Iceland Carbon Neutral Data Center Market (by Hardware Subtype), $Million, 2021-2027
Table 66:    Switzerland Carbon Neutral Data Center Market (by Industry), $Million, 2021-2027
Table 67:    Switzerland Carbon Neutral Data Center Market (by Data Center Type), $Million, 2021-2027
Table 68:    Switzerland Carbon Neutral Data Center Market (by Solution), $Million, 2021-2027
Table 69:    Switzerland Carbon Neutral Data Center Market (by Hardware Subtype), $Million, 2021-2027
Table 70:    Rest-of-Europe Carbon Neutral Data Center Market (by Industry), $Million, 2021-2027
Table 71:    Rest-of-Europe Carbon Neutral Data Center Market (by Data Center Type), $Million, 2021-2027
Table 72:    Rest-of-Europe Carbon Neutral Data Center Market (by Solution), $Million, 2021-2027
Table 73:    Rest-of-Europe Carbon Neutral Data Center Market (by Hardware Subtype), $Million, 2021-2027
Table 74:    U.K. Carbon Neutral Data Center Market (by Industry), $Million, 2021-2027
Table 75:    U.K. Carbon Neutral Data Center Market (by Data Center Type), $Million, 2021-2027
Table 76:    U.K. Carbon Neutral Data Center Market (by Solution), $Million, 2021-2027
Table 77:    U.K. Carbon Neutral Data Center Market (by Hardware Subtype), $Million, 2021-2027
Table 78:    China Carbon Neutral Data Center Market (by Industry), $Million, 2021-2027
Table 79:    China Carbon Neutral Data Center Market (by Data Center Type), $Million, 2021-2027
Table 80:    China Carbon Neutral Data Center Market (by Solution), $Million, 2021-2027
Table 81:    China Carbon Neutral Data Center Market (by Hardware Subtype), $Million, 2021-2027
Table 82:    Asia-Pacific Carbon Neutral Data Center Market (by Industry), $Million, 2021-2027
Table 83:    Asia-Pacific Carbon Neutral Data Center Market (by Data Center Type), $Million, 2021-2027
Table 84:    Asia-Pacific Carbon Neutral Data Center Market (by Solution), $Million, 2021-2027
Table 85:    Asia-Pacific Carbon Neutral Data Center Market (by Hardware Subtype), $Million, 2021-2027
Table 86:    Asia-Pacific Carbon Neutral Data Center Market (by Country), $Million, 2021-2027
Table 87:    Japan Carbon Neutral Data Center Market (by Industry), $Million, 2021-2027
Table 88:    Japan Carbon Neutral Data Center Market (by Data Center Type), $Million, 2021-2027
Table 89:    Japan Carbon Neutral Data Center Market (by Solution), $Million, 2021-2027
Table 90:    Japan Carbon Neutral Data Center Market (by Hardware Subtype), $Million, 2021-2027
Table 91:    Singapore Carbon Neutral Data Center Market (by Industry), $Million, 2021-2027
Table 92:    Singapore Carbon Neutral Data Center Market (by Data Center Type), $Million, 2021-2027
Table 93:    Singapore Carbon Neutral Data Center Market (by Solution), $Million, 2021-2027
Table 94:    Singapore Carbon Neutral Data Center Market (by Hardware Subtype), $Million, 2021-2027
Table 95:    South Korea Carbon Neutral Data Center Market (by Industry), $Million, 2021-2027
Table 96:    South Korea Carbon Neutral Data Center Market (by Data Center Type), $Million, 2021-2027
Table 97:    South Korea Carbon Neutral Data Center Market (by Solution), $Million, 2021-2027
Table 98:    South Korea Carbon Neutral Data Center Market (by Hardware Subtype), $Million, 2021-2027
Table 99:    Rest-of-Asia-Pacific Carbon Neutral Data Center Market (by Industry), $Million, 2021-2027
Table 100:    Rest-of-Asia-Pacific Carbon Neutral Data Center Market (by Data Center Type), $Million, 2021-2027
Table 101:    Rest-of-Asia-Pacific Carbon Neutral Data Center Market (by Solution), $Million, 2021-2027
Table 102:    Rest-of-Asia-Pacific Carbon Neutral Data Center Market (by Hardware Subtype), $Million, 2021-2027
Table 103:    Rest-of-the-World Carbon Neutral Data Center Market (by Industry), $Million, 2021-2027
Table 104:    Rest-of-the-World Carbon Neutral Data Center Market (by Data Center Type), $Million, 2021-2027
Table 105:    Rest-of-the-World Carbon Neutral Data Center Market (by Solution), $Million, 2021-2027
Table 106:    Rest-of-the-World Carbon Neutral Data Center Market (by Hardware Subtype), $Million, 2021-2027
Table 107:    Rest-of-the-World Carbon Neutral Data Center Market (by Country), $Million, 2021-2027
Table 108:    Middle East and Africa Carbon Neutral Data Center Market (by Industry), $Million, 2021-207
Table 109:    Middle East and Africa Carbon Neutral Data Center Market (by Data Center Type), $Million, 2021-2027
Table 110:    Middle East and Africa Carbon Neutral Data Center Market (by Solution), $Million, 2021-2027
Table 111:    Middle East and Africa Carbon Neutral Data Center Market (by Hardware Subtype), $Million, 2021-2027
Table 112:    South America Carbon Neutral Data Center Market (by Industry), $Million, 2021-207
Table 113:    South America Carbon Neutral Data Center Market (by Data Center Type), $Million, 2021-2027
Table 114:    South America Carbon Neutral Data Center Market (by Solution), $Million, 2021-2027
Table 115:    South America Carbon Neutral Data Center Market (by Hardware Subtype), $Million, 2021-2027
Table 116:    3M: Product Portfolio
Table 117:    ABB Group: Product Portfolio
Table 118:    ABB Group: Market Developments
Table 119:    ABB Group: Product Developments
Table 120:    Alibaba Group: Product Portfolio
Table 121:    Alibaba Group: Market Developments
Table 122:    Alphabet Inc.: Product Portfolio
Table 123:    Alphabet Inc.: Market Developments
Table 124:    Alphabet Inc.: Product Developments
Table 125:    Alphabet Inc.: Partnerships
Table 126:    Amazon.com, Inc.: Product Portfolio
Table 127:    Cisco Systems, Inc.: Product Portfolio
Table 128:    Dell Inc.: Product Portfolio
Table 129:    Digital Realty Trust: Product Portfolio
Table 130:    Digital Realty Trust: Market Developments
Table 131:    Digital Realty Trust: Partnerships, Collaborations, and Joint Ventures
Table 132:    Eaton Corporation plc: Product Portfolio
Table 133:    Equinix, Inc.: Product Portfolio
Table 134:    Equinox, Inc.: Market Developments
Table 135:    Equinox, Inc.: Partnerships, Collaborations, and Joint Ventures
Table 136:    Equinox, Inc.: Mergers and Acquisitions
Table 137:    FUJITSU: Product Portfolio
Table 138:    FUJITSU: Market Developments
Table 139:    Hewlett Packard Enterprise Development LP: Product Portfolio
Table 140:    IBM Corporation: Product Portfolio
Table 141:    IBM Corporation: Partnership and Collaboration
Table 142:    Intel Corporation: Product Portfolio
Table 143:    Intel Corporation: Partnerships, Collaborations, and Joint Ventures
Table 144:    Microsoft: Product Portfolio
Table 145:    Microsoft: Market Developments
Table 146:    Microsoft: Product Developments
Table 147:    ANS Group Limited: Product Portfolio
Table 148:    ANS Group Limited: Mergers and Acquisitions
Table 149:    NEXTDC LTD.: Product Portfolio
Table 150:    NEXTDC LTD.: Acquisitions
Table 151:    CYRUSONE: Product Portfolio
Table 152:    CYRUSONE: Acquisitions
Table 153:    CYRUSONE: Partnerships
Table 154:    DEAC: Product Portfolio
Table 155:    DEAC: Market Developments
Table 156:    DEAC: Partnerships
Table 157:    Data Center Operators and their Current Carbon Neutral Status, FY2022

Figure 1:    Global Carbon Neutral Data Center Market, $Billion, 2021-2027
Figure 2:    Market Dynamics for Carbon Neutral Data Center Market
Figure 3:    Carbon Neutral Data Center Market (by Industry), $Million, 2021-2027
Figure 4:    Carbon Neutral Data Center Market (by Data Center Type), $Million, 2021-2027
Figure 5:    Carbon Neutral Data Center Market (by Carbon Neutral Solutions), $Million, 2021-2027
Figure 6:    Global Carbon Neutral Data Center Market (by Region), $Million, 2021
Figure 7:    Global Carbon Neutral Data Center Market Coverage
Figure 8:    Leading Data Center Players with the Highest Renewable Energy Consumption Capacity
Figure 9:    Data Center: Green vs. Carbon Neutral, 2019
Figure 10:    Pathway to Carbon Neutrality in Data Centers
Figure 11:    Distribution of Data Centers (by Sources of Energy), FY2022
Figure 12:    Distribution of Data Centers (by Status), FY2022
Figure 13:    Distribution of Data Centers, (by Region), FY2022
Figure 14:    Business Dynamics: Carbon Neutral Data Center Market
Figure 15:    Share of Key market strategies and Development, January 2017-June 2022
Figure 16:    Product Launches (by Company), January 2017-June 2022
Figure 17:    Business Expansions (by Company), January 2017–June 2022
Figure 18:    Partnerships, Collaborations, and Joint Ventures (by Company), January 2017–June 2022
Figure 19:    Yearly Global Internet Users
Figure 20:    Major Investments in Carbon Neutral Data Center Market, January 2018-July 2022
Figure 21:    Share of Investors in the Global Carbon Neutral Data Center Market, January 2018-July 2022
Figure 22:    Global Carbon Neutral Data Center Market (by Industry)
Figure 23:    Data Centers Business Model
Figure 24:    Global Carbon Neutral Data Center Market (by Data Center Type), $Million, 2021-2027
Figure 25:    Data Center Infrastructure
Figure 26:    Global Carbon Neutral Data Center Market (by Carbon Neutral Solutions), $Million, 2021-2027
Figure 27:    Technologies Impacting Carbon Neutral Data Centers
Figure 28:    Impact of AI, Industrial IoT, and Blockchain on Data Center Operations
Figure 29:    Share of Various Renewable Sources in Global Renewable Production, 2019
Figure 30:    Carbon Neutral Data Center Value Chain
Figure 31:    Competitive Benchmarking Matrix
Figure 32:    Data Triangulation
Figure 33:    Top-Down and Bottom-Up Approach
Figure 34:    Assumptions and Limitations

Market Report Coverage

Carbon Neutral Data Center Market

Base Year

2021

Market Size in 2021

$5.02 Billion

Forecast Period

2022-2027

Value Projection and Estimation by 2027

$16.53 Billion

CAGR During Forecast Period

22.19%

Number of Tables

157

Number of Pages

248

Number of Figures

34

 

Key Market Players and Competition Synopsis

The companies that are profiled have been selected based on inputs gathered from primary experts and analyzing company coverage, product portfolio, and market penetration.

Some of the prominent names established in this market are:

•    3M
•    ABB Group
•    Alibaba Group
•    Alphabet Inc.
•    Amazon.com, Inc.
•    Cisco Systems, Inc.
•    Dell Inc.
•    Digital Realty Trust
•    Eaton Corporation plc
•    Equinix, Inc.
•    FUJITSU
•    Hewlett Packard Enterprise Development LP
•    IBM Corporation
•    Intel Corporation
•    Microsoft
•    ANS Group Limited
•    NEXTDC LTD.
•    CYRUSONE
•    DEAC

How can this report add value to an organization?

Product/Innovation Strategy: The product segment helps the reader understand the different types of carbon neutral data center technologies available for deployment in the data center sector and their potential globally. Moreover, the study provides the reader with a detailed understanding of different carbon neutral data center products by industry, by data center type, and by carbon neutral solutions.

Growth/Marketing Strategy: The global carbon neutral data center market has seen major development by key players operating in the market, such as business expansion, partnership, collaboration, and joint venture. The favored strategy for the companies has been partnerships and collaborations to strengthen their position in the carbon neutral data center market. For instance, in February 2022, Merkle Standard and BITMAIN formed a collaboration to build up to 500 MW of sustainable data center infrastructure.

Competitive Strategy: Key players in the global carbon neutral data center market analyzed and profiled in the study involve cloud service providers, power and cooling service provider, data center provider, and infrastructure manufacturers. Moreover, a detailed competitive benchmarking of the players operating in the global carbon neutral data center market has been done to help the reader understand how players stack against each other, presenting a clear market landscape. Additionally, comprehensive competitive strategies such as partnerships, agreements, and collaborations will aid the reader in understanding the untapped revenue pockets in the market.

Industry & Technology Overview

Global Carbon Neutral Data Center Market Industry Overview

The global carbon neutral data center market was valued at $5.02 billion in 2021 and is projected to reach $16.53 billion in 2027, growing at a CAGR of 22.19% during the forecast period 2022-2027. The growth in the global carbon neutral data center market is expected to be driven by increasing government regulations on carbon emissions, emphasis on renewable energy, energy-efficient alternatives for data center cooling, electricity tariffs globally, efforts in sustainable developments, and CSR activities.

Market Lifecycle Stage

The carbon neutral data center market is still in a growing phase. The growth is attributed to the various environmental-friendly policies and government regulations. Increased research and development activities are underway to develop carbon neutral data center technologies and products, which are expected to increase due to the increased demand for data storage and digital transformation.

Global Carbon Neutral Data Center Market

Impact

•    With an increased worldwide focus on achieving climate-neutral goals and managing the demand for data storage, the shift from non-renewable energy sources to renewable energy sources in the data center industry brings significant opportunities.
•   The shift is more prominent in regions such as Europe and North America. This is because countries in these regions which have natural colder climates almost throughout the year have the highest potential in the market.

Impact of COVID-19

Since 2019, the data center industry has witnessed a growth in the carbon neutrality of data centers. Even though other sectors have been adversely affected by the COVID-19 pandemic, data center operators have seen demand for data storage double and redouble, driven by increasing digitalization, cloud, AI, and 5G adoption, and the pandemic itself. The growth in remote work, video conferencing, and internet traffic alone caused by the pandemic have been the major factors for the boost of data center capacity, which increases the accelerating transition of regions such as Asia-Pacific and Middle-East and Africa toward fully digital economies.

In contrast, data center operators find themselves reshaping data centers more extensively and faster than ever before. Corporations and big technology companies are increasingly pledging to become carbon neutral, with companies across all sectors making bold carbon reduction commitments, such as the Climate Neutral Data Centre Pact announced in 2020.

Market Segmentation:

Segmentation 1: by Industry
•    IT and Telecom
•    Banking, Financial Services, and Insurance (BFSI)
•    Government or Public Sector
•    Healthcare
•    Manufacturing
•    Retail
•    Others

The global carbon neutral data center market in the application segment is expected to be dominated by the IT and telecom industry. This is because the telecom industry is the largest consumer of data centers. Data centers are a crucial part of the ICT industry, as data transmission and data delivery operations require better connectivity.

Segmentation 2: by Data Center Type
•    Hyperscale Data Centers
•    Enterprise Data Centers
•    Colocation Data Centers
•    Others

The global carbon neutral data center market (by product, by data center type) is expected to be dominated by hyperscale data centers. This is because most of the leading hyperscale and cloud service providers have committed to going carbon neutral. These companies include Google LLC, Facebook, Microsoft, and Amazon AWS.

Segmentation 3: by Carbon Neutral Solutions
•    Hardware
•    Software and Platforms
•    Support Services

The hardware segment dominates the global carbon neutral data center market based on solutions. This is because the data centers require specialized hardware that includes servers, racks, cooling systems, and others, and these devices are crucial for data center deployment and thus have the highest capital expenditure in a data center infrastructure.

Segmentation 4: by Region
•    North America - U.S., Canada, and Mexico
•    Europe - Germany, France, Netherlands, Sweden, Norway, Denmark, Finland, Iceland, Switzerland, and Rest-of-Europe
•    U.K.
•    China
•    Asia-Pacific- Japan, Singapore, South Korea, and Rest-of-Asia-Pacific
•    Rest-of-the-World - Middle East and Africa, and South America

Europe generated the highest revenue of $3.09 billion in 2021, which is attributed to the R&D advancements and supporting government regulations in the region. Europe is an attractive region for the carbon neutral data center market because of the availability of a favorable climate for the use of renewable sources of energy.

Recent Developments in Global Carbon Neutral Data Center Market

•  In March 2022, Normative, a Swedish start-up sponsored by Google, released a free version of its carbon emissions tracker as businesses around the world struggled to figure out ways of managing their carbon impacts. 
•    In March 2022, Amazon Web Services (AWS) allowed customers to access a tool that measures the carbon footprint of cloud usage and compares it to the expected footprint of a data center located on-site.
•    In May 2022, Alibaba Cloud, the foundation of Alibaba Group's digital technology and innovation efforts, announced the opening of its third sustainable data center in Germany to meet the growing demand for digital transformation from clients across Europe.
•    In May 2022, nZero, a carbon management platform, and Corscale, the Patrinely Group's data center platform, partnered to provide customers with a sustainability solution that enables 24x7 carbon accounting and emission tracking.

Demand – Drivers and Limitations

Following are the demand drivers for the carbon neutral data center market:

•  Government Regulations on Carbon Emissions and Rising Emphasis on Renewable Energy
•  Growing Energy-Efficient Alternatives for Data Center Cooling
•  Sustainable Development Efforts and CSR Activities
•  Rising Electricity Tariffs Globally

The market is expected to face some limitations too due to the following challenges:

•   High Dependence on Non-Renewable Energy for Running Data Center Operations 
•   Higher Costs of Implementation and Compatibility Issues

Analyst Thoughts

According to Rakhi Tanwar, Principal Analyst, BIS Research, “Carbon neutral data center is expected to be a great replacement of the conventional power sources and techniques used for operating data centers. 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”.

FAQ's

What is a carbon neutral data center?

A carbon neutral data center is a location where data is stored, managed, and disseminated and where the mechanical, lighting, electrical, and computer systems are planned to be as energy efficient as possible while minimizing their negative effects on the environment, which releases negligible to zero carbon emissions. These data centers use energy from renewable sources.

What are the key trends in the carbon neutral data center market?

The key trends in the carbon neutral data center market include efficient cooling systems, renewable sources of energy, Industry 4.0, and digital transformation, which has increased the amount of data being produced due to the data-intensive nature of the applications and has significantly impacted the market.

What new strategies are being adopted by the existing market players to strengthen their market position in the industry?

The global carbon neutral data center market has seen major development by key players operating in the market, such as business expansion, partnership, collaboration, and joint venture. According to BIS Research analysis, the majority of the companies preferred partnerships and collaborations as a strategy to further increase their growth in the global carbon neutral data center market. Companies such as Google, Microsoft, and Amazon.com, Inc. have majorly adopted partnerships, collaborations, and joint venture strategies.

For a new company looking to enter the carbon neutral data center market, which areas could it focus upon to stay ahead of the competition?

A new entrant can focus on the IT, telecom, and hyper-scale data centers due to the higher market worth in the analysis and forecast period 2022 to 2027.

What is the USP of this report?

• In-depth analysis of 100 data center providers

• Region-based government programs and initiatives, along with a detailed scenario of six significant key associations and consortiums

• Region and country-level market estimations based on application and product segments

• Detailed analysis of 38 major investments in carbon neutral data center market

• Extensive competitive benchmarking of the top 30 data center players

Who should buy this report?

The companies that manufacture carbon neutral data center equipment and systems, as well as renewable energy generating firms, data storage companies, research institutions, and regulatory bodies, should buy this report.

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