BOULDER, Colo.--(BUSINESS WIRE)--A recent report from Navigant Research examines the market for integrated data center energy management, focusing on software and services and building equipment and systems, with global market forecasts through 2025.
The integrated data center energy management market is expected to emerge first within campus environments and large facilities with significant data center resources onsite. Customers responsible for these larger facility environments are expected to be the first movers in leveraging software and services and investing in building retrofits as a part of an integrated energy management strategy. Click to tweet: According to a recent report from @NavigantRSRCH, North American energy management for integrated data centers revenue is expected to reach $119.7 million in 2024.
“The promise of the intelligent building is centered on fully integrated energy management enabled by software, services, and advanced automation and control technologies,” says Casey Talon, principal research analyst with Navigant Research. “More specifically, the evolution of a traditional facility into this intelligent building framework relies on collaboration across customer teams.”
The vast majority of revenue associated with energy management for integrated data centers is expected to stem from customer investment in software and services, according to the report. This offering type is expected to account for approximately 90 percent of the market through the ten-year forecast period.
The report, Integrated Data Center Energy Management, assesses the future market for integrated data center energy management, with a focus on two segments: software and services and building equipment and systems. The study details the opportunity for energy management for integrated data centers and provides insight into key drivers, barriers, and other relevant market dynamics. Forecasts for the integrated data center energy management market in North America, segmented by offering type and sector, extend through 2025. The report also examines the key technologies related to energy management for integrated data centers, as well as the competitive landscape. An Executive Summary of the report is available for free download on the Navigant Research website.
About Navigant Research
Navigant Research, the dedicated research arm of Navigant, provides market research and benchmarking services for rapidly changing and often highly regulated industries. In the energy sector, Navigant Research focuses on in-depth analysis and reporting about global clean technology markets. The team’s research methodology combines supply-side industry analysis, end-user primary research and demand assessment, and deep examination of technology trends to provide a comprehensive view of the Energy Technologies, Utility Transformations, Transportation Efficiencies, and Buildings Innovations sectors. Additional information about Navigant Research can be found at www.navigantresearch.com.
Navigant Consulting, Inc. is a specialized, global professional services firm that helps clients take control of their future. Navigant’s professionals apply deep industry knowledge, substantive technical expertise, and an enterprising approach to help clients build, manage and/or protect their business interests. With a focus on markets and clients facing transformational change and significant regulatory or legal pressures, the Firm primarily serves clients in the healthcare, energy and financial services industries. Across a range of advisory, consulting, outsourcing, and technology/analytics services, Navigant’s practitioners bring sharp insight that pinpoints opportunities and delivers powerful results. More information about Navigant can be found at navigant.com.
* The information contained in this press release concerning the report, Integrated Data Center Energy Management, is a summary and reflects Navigant Research’s current expectations based on market data and trend analysis. Market predictions and expectations are inherently uncertain and actual results may differ materially from those contained in this press release or the report. Please refer to the full report for a complete understanding of the assumptions underlying the report’s conclusions and the methodologies used to create the report. Neither Navigant Research nor Navigant undertakes any obligation to update any of the information contained in this press release or the report.