Market Overview:
The global green information technology (IT) services market is expected to grow at a CAGR of 10.8% from 2018 to 2030. The market growth is attributed to the increasing demand for green IT solutions, purchasing solutions, equipment manufacturers solutions, real estate development solutions, and green business solutions across different industries. Additionally, the growing awareness about the benefits of using green IT services is also contributing to the market growth. The global Green IT Solutions segment accounted for the largest share in 2017 and is projected to grow at a CAGR of 11% during the forecast period. This can be attributed to rising concerns among organizations about reducing their environmental footprints and improving energy efficiency through optimized data center operations.
Product Definition:
Green IT is the practice of using technology in an environmentally responsible way. This includes reducing energy consumption, recycling and reusing materials, and promoting the use of renewable energy sources.
Green IT Solutions:
Green IT solutions are the practices and technologies used to reduce environmental impact. Green IT solutions help organizations achieve sustainability by reducing carbon footprint, decreasing energy consumption, and using clean water efficiently. The key drivers of the green information technology services market include growing awareness among consumers regarding sustainable services along with stringent regulations imposed on various sectors such as BFSI, manufacturing, retail & e-commerce etc., which require companies to adopt these solutions for sustainable growth.
Purchasing Solutions:
Purchasing solutions are used to procure IT services. It is a software-based process that involves the integration of hardware and software components. The solution includes modules such as procurement planning, purchase request management, order management, contract management and reporting tools etc.
The global purchasing solutions market was valued at USD 2,491 million in 2016 and is expected to grow at a CAGR of XX% over the forecast period.
Application Insights:
The application segment includes the IT industry, government industry, education industry, healthcare industry and others. The IT sector accounted for a major market share in 2017 owing to the increasing demand for data center space and power consumption of computers. Moreover, rising demand for cloud computing services has increased the penetration of information technology infrastructure in recent years.
Green IT solutions are gaining popularity among companies operating in both small and large sizes across all industries as they offer cost savings by reducing electricity costs along with other operational expenses such as water usage & greenhouse gas emissions reduction initiatives undertaken by companies to become more sustainable. Increasing investments made by governments across various countries towards developing digital infrastructure that promotes innovation is expected to drive growth over the forecast period. Furthermore, favorable government regulations promoting e-commerce coupled with growing consumer awareness regarding product sustainability are expected to propel market growth over next seven years especially in developed economies such as U.K., Germany and U.S.
Regional Analysis:
The Asia Pacific region accounted for the largest revenue share in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to rising awareness regarding green technology solutions among enterprises as well as government agencies. Moreover, increasing investments by governments of various countries coupled with favorable regulatory policies are anticipated to drive regional market growth over the forecast period.
Increasing demand for energy-efficient technologies along with growing concerns pertaining to global warming have resulted in increased adoption of information technology (IT) services across numerous industries worldwide. IT services offer tremendous potential when it comes to reducing carbon footprints and enhancing energy efficiency, which has led many organizations within industry verticals such as healthcare & life sciences, government & education sectors worldwide adopt IT services that include Green Information Technology (IT) Services Solutions offered by third parties or through on-demand platforms thereby driving market growth across regions such as North America, Europe and Asia Pacific etcetera (APEA).
Growth Factors:
- Increased demand for Green IT services from small and medium businesses (SMBs) due to growing awareness of the benefits of Green IT.
- Rapid growth in big data and cloud computing, which are key enablers of Green IT initiatives.
- Proliferation of smart devices and the Internet of Things (IoT), which is creating new opportunities for Green IT services.
- Growing demand for sustainability consulting services as organizations seek to optimize their environmental performance through technology solutions.
- Increasing focus on energy efficiency by governments and large enterprises, providing a boost to the market for Green IT services
Scope Of The Report
Report Attributes
Report Details
Report Title
Green Information Technology (IT) Services Market Research Report
By Type
Green IT Solutions, Purchasing Solutions, Equipment Manufacturers Solutions, Real Estate Development Solutions, Green Business Solutions, Others
By Application
Information Technology Industry, Government Industry, Education Industry, Healthcare Industry, Others
By Companies
SustainableIT, Accenture, GreenIT, Cap Gemini, BT Global Services, Deloitte Touche Tohmatsu, Hewlett-Packard, Computer Sciences, IBM, Dell, Tata Consultancy Services
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
207
Number of Tables & Figures
145
Customization Available
Yes, the report can be customized as per your need.
Global Green Information Technology (IT) Services Market Report Segments:
The global Green Information Technology (IT) Services market is segmented on the basis of:
Types
Green IT Solutions, Purchasing Solutions, Equipment Manufacturers Solutions, Real Estate Development Solutions, Green Business Solutions, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Information Technology Industry, Government Industry, Education Industry, Healthcare Industry, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- SustainableIT
- Accenture
- GreenIT
- Cap Gemini
- BT Global Services
- Deloitte Touche Tohmatsu
- Hewlett-Packard
- Computer Sciences
- IBM
- Dell
- Tata Consultancy Services
Highlights of The Green Information Technology (IT) Services Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Green IT Solutions
- Purchasing Solutions
- Equipment Manufacturers Solutions
- Real Estate Development Solutions
- Green Business Solutions
- Others
- By Application:
- Information Technology Industry
- Government Industry
- Education Industry
- Healthcare Industry
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Green Information Technology (IT) Services Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Green IT Services is a term used to describe the provision of technology services that are environmentally friendly. These services can include things like reducing energy consumption, using green computing practices, and recycling materials.
Some of the key players operating in the green information technology (it) services market are SustainableIT, Accenture, GreenIT, Cap Gemini, BT Global Services, Deloitte Touche Tohmatsu, Hewlett-Packard, Computer Sciences, IBM, Dell, Tata Consultancy Services.
The green information technology (it) services market is expected to grow at a compound annual growth rate of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Green Information Technology (IT) Services Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Green Information Technology (IT) Services Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Green Information Technology (IT) Services Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Green Information Technology (IT) Services Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Green Information Technology (IT) Services Market Size & Forecast, 2018-2028 4.5.1 Green Information Technology (IT) Services Market Size and Y-o-Y Growth 4.5.2 Green Information Technology (IT) Services Market Absolute $ Opportunity
Chapter 5 Global Green Information Technology (IT) Services Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Green Information Technology (IT) Services Market Size Forecast by Type
5.2.1 Green IT Solutions
5.2.2 Purchasing Solutions
5.2.3 Equipment Manufacturers Solutions
5.2.4 Real Estate Development Solutions
5.2.5 Green Business Solutions
5.2.6 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Green Information Technology (IT) Services Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Green Information Technology (IT) Services Market Size Forecast by Applications
6.2.1 Information Technology Industry
6.2.2 Government Industry
6.2.3 Education Industry
6.2.4 Healthcare Industry
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Green Information Technology (IT) Services Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Green Information Technology (IT) Services Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Green Information Technology (IT) Services Analysis and Forecast
9.1 Introduction
9.2 North America Green Information Technology (IT) Services Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Green Information Technology (IT) Services Market Size Forecast by Type
9.6.1 Green IT Solutions
9.6.2 Purchasing Solutions
9.6.3 Equipment Manufacturers Solutions
9.6.4 Real Estate Development Solutions
9.6.5 Green Business Solutions
9.6.6 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Green Information Technology (IT) Services Market Size Forecast by Applications
9.10.1 Information Technology Industry
9.10.2 Government Industry
9.10.3 Education Industry
9.10.4 Healthcare Industry
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Green Information Technology (IT) Services Analysis and Forecast
10.1 Introduction
10.2 Europe Green Information Technology (IT) Services Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Green Information Technology (IT) Services Market Size Forecast by Type
10.6.1 Green IT Solutions
10.6.2 Purchasing Solutions
10.6.3 Equipment Manufacturers Solutions
10.6.4 Real Estate Development Solutions
10.6.5 Green Business Solutions
10.6.6 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Green Information Technology (IT) Services Market Size Forecast by Applications
10.10.1 Information Technology Industry
10.10.2 Government Industry
10.10.3 Education Industry
10.10.4 Healthcare Industry
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Green Information Technology (IT) Services Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Green Information Technology (IT) Services Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Green Information Technology (IT) Services Market Size Forecast by Type
11.6.1 Green IT Solutions
11.6.2 Purchasing Solutions
11.6.3 Equipment Manufacturers Solutions
11.6.4 Real Estate Development Solutions
11.6.5 Green Business Solutions
11.6.6 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Green Information Technology (IT) Services Market Size Forecast by Applications
11.10.1 Information Technology Industry
11.10.2 Government Industry
11.10.3 Education Industry
11.10.4 Healthcare Industry
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Green Information Technology (IT) Services Analysis and Forecast
12.1 Introduction
12.2 Latin America Green Information Technology (IT) Services Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Green Information Technology (IT) Services Market Size Forecast by Type
12.6.1 Green IT Solutions
12.6.2 Purchasing Solutions
12.6.3 Equipment Manufacturers Solutions
12.6.4 Real Estate Development Solutions
12.6.5 Green Business Solutions
12.6.6 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Green Information Technology (IT) Services Market Size Forecast by Applications
12.10.1 Information Technology Industry
12.10.2 Government Industry
12.10.3 Education Industry
12.10.4 Healthcare Industry
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Green Information Technology (IT) Services Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Green Information Technology (IT) Services Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Green Information Technology (IT) Services Market Size Forecast by Type
13.6.1 Green IT Solutions
13.6.2 Purchasing Solutions
13.6.3 Equipment Manufacturers Solutions
13.6.4 Real Estate Development Solutions
13.6.5 Green Business Solutions
13.6.6 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Green Information Technology (IT) Services Market Size Forecast by Applications
13.10.1 Information Technology Industry
13.10.2 Government Industry
13.10.3 Education Industry
13.10.4 Healthcare Industry
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Green Information Technology (IT) Services Market: Competitive Dashboard
14.2 Global Green Information Technology (IT) Services Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 SustainableIT
14.3.2 Accenture
14.3.3 GreenIT
14.3.4 Cap Gemini
14.3.5 BT Global Services
14.3.6 Deloitte Touche Tohmatsu
14.3.7 Hewlett-Packard
14.3.8 Computer Sciences
14.3.9 IBM
14.3.10 Dell
14.3.11 Tata Consultancy Services