BOULDER, Colo. — The integrated data center energy management market is expected to emerge first within campus environments and large facilities with significant data center resources onsite, notes Navigant Research. 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. According to a report from the research firm, 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,” said 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 forecast period.
An executive summary of the report is available here.
Publication date: 7/26/2016