Green data center market to grow at 27.2 percent CAGR to 2019

DALLAS, USA: RnRMarketResearch.com adds "Green Data Center Market - Global Advancements, Worldwide Forecasts & Analysis (2014-2019)" to its portfolio.

Green data center refers to an enterprise class computing facility that is entirely built, managed, and operated on green computing principles. It provides all the features and full capability of a typical data center but uses less energy and space, following the policy of being environment friendly. Green data centers efficiently use the power for cost-effective operations of a data center.

Green data centers are gaining popularity among various industry verticals due to its financial benefits and less impact on environment, helping them to cope with government restrictions. Banking, insurance, financial services, telecommunication, IT, healthcare, government, retail, transportation, education, and research are some of the industry verticals where green data center finds applicability.

In 2014, Banking, Financial Services and Insurance vertical accounts for the largest share of total green data center, and is expected to continue the same by 2019 as well. The Y-O-Y growth rates of some of these verticals, including BFSI, banking and financial services, and healthcare are expected to be on the higher side throughout the forecasted period.