Green
Communication Market: Overview
Energy efficiency in
cellular networks is a growing concern for cellular operators to not
only maintain profitability, but also to reduce the overall
environmental effects. This emerging trend of achieving energy
efficiency in cellular networks is motivating the standardization
authorities and network operators to continuously explore future
technologies in order to bring improvements in the entire network
infrastructure. In order to achieve this, green
communication technologies are widely preferred and deployed.
Adopting green communication technology helps businesses and
individuals in reducing power consumption and lowering the operation
costs of organizations. Moreover, green communication technologies
are also important for the practitioners in terms of speed and energy
monitoring. This technology allows visualization of the power
consumption and possibilities to choose the level of energy savings
and calculation of estimated savings.
Green
Communication Market: Growth Enablers and Restraints
The market for green
communication has been experiencing substantial growth in recent
years. This growth is attributed to increasing demand of green
communication technology in telecom and IT industry. Environmentally
friendly batteries, renewable energy sources, and intelligent
management of the power systems in order to achieve better energy
efficiency is also boosting demand for green communication market.
Furthermore, government regulations mandating the utilization of
green communication technologies in order to reduce electronic waste
from obsolete computing equipment is also driving the market for
green communication.
However, huge
capital investment and unawareness towards the benefit of green
communication technology limits the adoption of green communication
and networking technologies. Moreover, incompatibility of green
communication technology with existing data centers and high
maintenance cost are inhibiting the growth of green communication
market. Demand for reducing datacenter operation costs and providing
green communication technology at lower cost is expected to provide
significant opportunities for growth of green communication market.
Green
Communication Market: Segmentation
The global green
communication market is segmented on the basis of services,
verticals, and geographies. Based on the services, the green
communication market is classified into energy efficiency, renewable
energy solutions, and energy consumption. Among these, energy
efficiency services are more preferred due its high demand for
energy-efficient networking technologies and products. Based on
various verticals, the market is segmented into banking, financial
services, and insurance (BFSI), IT and telecommunication, public
sector, retail, manufacturing, healthcare and others.
On the basis of
geography, the global green communication market is segmented into
Europe, North America, Asia Pacific, Latin America, and the Middle
East and Africa. Amongst these, North America dominates the market,
due to the continuous growth of telecommunication and IT industry in
this region. Additionally, Asia Pacific is predicted to experience
the swiftest growth among all regional segments in the coming years,
due to the technology advancement and massive growth of
infrastructure in countries such as India, Japan, South Korea and
China.
Get Sample Report
Copy :
Green
Communication Market: Key Players
There are a number
of small and mid-size players specialized in this market which
intensifies competition and thus poses a challenge to large players
and new entrants. Prominent players in the global green communication
market are Alcatel-Lucent S.A., Ericsson, Huawei Technologies Co.
Ltd., Juniper Networks, Nokia Siemens Networks, ReliOn, Inc.,
Tellabs, Inc., ZTE Corporation, Cisco Systems, Inc., Sk Telecom,
Datang Mobile Communications Equipment Co., Ltd., and Sprint
Corporation, among others.
About Us :
Transparency Market
Research (TMR) is a global market intelligence company providing
business information reports and services. The company’s exclusive
blend of quantitative forecasting and trend analysis provides
forward-looking insight for thousands of decision makers. TMR’s
experienced team of analysts, researchers, and consultants use
proprietary data sources and various tools and techniques to gather
and analyze information.
TMR’s data
repository is continuously updated and revised by a team of research
experts so that it always reflects the latest trends and information.
With extensive research and analysis capabilities, Transparency
Market Research employs rigorous primary and secondary research
techniques to develop distinctive data sets and research material for
business reports.
No comments:
Post a Comment