Press release
Green Information Technology Services Market Statistics, Emerging Trends, Size, Growth Factors, Forecast - 2032
Market OverviewInformation technology (IT) optimization and environmentally friendly computing are two aspects of "green IT." It entails successfully and efficiently using servers, computers, and related subsystems such communication systems, networking systems, storage devices, printers, and monitors while minimising or eliminating any negative environmental effects.
The main goals of green IT are to minimise energy consumption, increase recycling, and reduce hazardous materials. Algorithmic effectiveness, resource management, virtualization, and terminal server optimization are only a few examples of the variables that affect software deployment and optimization. In an effort to cut expenses associated with data centres and other IT services, many firms are becoming green and seeking for providers who can assist them in doing so.
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Large businesses and organisations have already begun using measurements or criteria like electricity use, water use, and tracking their corporate carbon footprint. Additionally, businesses are concentrating on making the most use of their resources by reusing their current IT assets rather than purchasing new ones. The market for green IT services is being driven by the capital-intensive strategies used by businesses.
The global market for green IT services is being driven by the corporate and IT sector's aim to increase productivity and reduce costs. Employing information technology companies to execute and support green IT projects in their organisations is a common practise in the corporate and other sectors. The market for green IT services is also expanding as a result of government initiatives for green projects.
However, at the moment, green IT initiatives and projects are mainly concentrated at data centres; as a result, the green IT services industry can benefit greatly from increasing the reach of green IT services into other IT functionalities. According to Capgemini S.A. For the creation of smart energy services (SES) and utilities, SAP AG, Oracle Corp., Intel Corp., and Cisco Systems Inc. founded the Smart Energy Alliance (SEA).
The market for green IT services globally is divided into segments based on solution type, services, and geography. The market for green IT services is divided into segments based on solutions, including green IT, purchasing, equipment manufacturers, real estate development, green business, workplace innovation, waste reduction, energy reduction, and sustainability compliance solutions.
The market for green IT services is divided into different service categories based on the type of service provided, including IT system design services, IT infrastructure system designing services, integrated facilities designing services, business process and system design services, eco-footprint assessment, eco-innovation planning services, sustainability programme and project management services, Environmentally Preferable Purchasing (EPP) for IT system service, and sustainable IT education programme services.
The market for green IT services is divided into the information technology, government, educational, and healthcare sectors among others based on the end-use industries. In terms of revenue, North America and Europe are the two major regional markets for green IT services. The green projects have received a lot of attention from the government and administration in these areas.
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sustainableIT Inc., GreenIT Inc., Cap Gemini S.A., BT Global Services plc, Deloitte Touche Tohmatsu Limited, Hewlett-Packard Company, Computer Sciences Corporation, IBM Corp., Dell Inc. and Tata Consultancy Services Limited, among others are some of the major vendors in green information technology services market.
Key geographies
• North America
o U.S
o Canada
• Europe
o France, Germany, Italy, Spain, and the UK
o Eastern Europe
o CIS
• APAC
o China
o India
o Japan
o Australia
o Others
• Latin America
o Argentina
o Brazil
o Others
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