Competitive Market Growth, Size, Share and Forecast to 2027 for Green Information Technology Services Market, By Services (IT System Design, IT Infrastructure System Design, Integrated Facilities Design, Business Process And System Design, Eco-Footprint Assessment, Eco-Innovation Planning And Sustainability Program Project Management, EPP For IT Systems, Sustainable IT Education Programs, Others); By Type (Design Services, Consulting Services, Customized Education, Management Services, Others); By End User (Professional, Enterprise (Small And Medium Sized Enterprises, Large Enterprises)); By Industry Verticals (IT And Telecommunications, Banking, Financial Services And Insurance (BFSI), Retail And Consumer Goods, Healthcare, Government, Non-Profit, Education, Others);
The Green Information Technology Services Market was valued US$ Million in 2021 and will grow at a CAGR of 19.72% for the forecast period of 0-2027, as per the market research report by Absolute Markets Insights titled “ Green Information Technology Services Market
Read Full Research Report @
As businesses are marching towards achieving sustainability by developing strategies to adopt environment friendly solutions, demand for green information technology services is witnessing an upsurge.
Companies across the globe are increasing their digital footprint which has resulted in high consumption of energy. For instance, the U.S Energy Information Administration stated in their report of energy consumption that electrical energy consumption of industrial sector rose from 3,358 trillion BTU in 2017 to 3,414 trillion BTU in 2018. Whereas the U.S Department of Energy’s report of 2016 states that the energy consumption of data centers across U.S will rise by 4% to amount 73 billion kwh by 2020. This rapidly rising energy consumption is causing concerns among businesses and government agencies. The costs of electric power utilized by IT department’s accounts for around 50% of the overall energy costs for an organization. The rising demand for electricity from IT servers also inflates the production cost of energy and heightens the pollution levels, thus pressurizing the government entities to adopt counter-measures. Also, the material used in manufacturing of electronic components used in IT hardware are creating problems for governments to recycle and dispose them effectively. To tackle these issues, adoption of green IT solutions and services have gained popularity in recent years. The green IT or green computing refers to the optimization of overall energy consumption by IT infrastructure through implementation of various techniques such as power management, virtualization, improvised cooling technology, recycling, electronic waste disposal and optimization of the IT infrastructure. For instance, Airtel India has launched their Sustainability Plan 2020 under which the company aims to balance its business priorities and cater the environmental concerns by partnering with IBM Corporation and Infosys Limited to develop green IT systems. Also, the 2030 Agenda for Sustainable Development initiative of United Nations is targeted to incorporate social and environmental concerns in the development strategies of businesses. Similarly, the Kyoto Protocol of United Nations, Energy Conservation Act of the Bureau of Energy Efficiency and other such initiatives are encouraging adoption of green IT offerings. Thus, the strategic intent of organizations and governments to address the energy and environment conservation demand is propelling the growth of green information technology services market across the globe.
The term Green Information Technology Services Market is influenced by a number of variables, including forward/backward integration, economies of scale, the proportion of different distribution channels, elements influencing consumer behavior, such as brand loyalty, price, and accessibility of the product, capital investments, the regulatory environment, production rights and patents, marketing strategies, and other client preferences. The stakeholders in the industry will probably find this knowledge valuable, and it may even motivate them to take action.
Get Access to a Free Copy of Our Latest Sample Report @
Green Information Technology Services Market Competitive Landscape:
The prominent companies in the Green Information Technology Services Market are:
Accenture, Capgemini Service SAS, Cloud Big Data Technologies LLC, Green IT Consulting, GreenIT, IBM Corporation, Microsource Group of Companies and SAP SE amongst others.
Impact of COVID-19:
This article makes observations about COVID-19 consumer behavior, demand changes, shopping trends, supply chain restructuring, market forces dynamics, and significant government involvement. The new study offers further information, analysis, projections, and estimates regarding the market effects of COVID-19.
Reasons to Buy the Report:
The fully updated, 405+ page books provide a comprehensive overview of the COVID-19 virus and pandemic. You can discover more about subjects like regional impact analysis, worldwide prediction, competitive landscape analysis, and size & share of regional markets by using industry data and expert interviews. Information on the market’s size, key players, profitability analysis, SWOT analysis, historical and projected statistics, growth Porter’s Five Forces analysis, revenue projections, industry trends, and financial ratios are all included in the free sample. Along with assessments from Absolute Market Insights for various countries and regions, the study also provides thorough analyses of the major variables influencing the market’s growth. The Sample Report gives readers a competitive edge by providing more information on the main market participants, including their sales volume, corporate strategy, and revenue analysis. Key Benefits of Global Green Information Technology Services Market Report:
Much work has been devoted to studying both the present and the future as part of the study of global Green Information Technology Services Market trends. The Global Green Information Technology Services Market Growth Research Report offers comprehensive data on the Market Introduction, Market Summary, Global Market Revenue (Revenue USD), Market Drivers, Market Restraints, Market Opportunities, Competitive Analysis, and Regional and National levels.
Studying global Green Information Technology Services Market trends might help you find business prospects. Purchase This Premium Report at @
Green Information Technology Services Market Regional Insights
North America region registered the highest share in global green information technology services market in 2018. However, the growing industrialization and IT sector in the countries of Asia Pacific region is accepted to drive the region’s share with highest growth rate. These growing industries have led to formulation of government policies and initiatives to encourage companies for adopting green IT to reduce energy demand and waste disposal costs. For instance, the Asia Green IT Forum is a convention of Asian countries that is assisting them to implement effective green IT policies through collaborative information exchange. These efforts of Asia Pacific countries to adopt green IT technologies is attracting global players. For instance, Ampere Computing, Inc., a developer of high performance and energy efficient microprocessors announced Asia partnership program in August 2019 for China, South Korea and other Asian markets for development of efficient of greener hyperscale datacentres. Thus, initiatives to cater the rising energy demand coupled with new market entrants are anticipated to propel the growth of Asia Pacific region in global green information technology services market over forecast years.
In terms of revenue, global green information technology services market is expected to grow at a CAGR of 19.72% over the forecast period. The study analyses the market in terms of revenue across all the major regions, which have been bifurcated into countries.
The report provides a comprehensive examination of a number of factors, including the distribution of the Green Information Technology Services Market in significant geographic areas. North America, Europe, Asia-Pacific, and Latin America are the key geographical emphasis areas of the study.
Why the Green Information Technology Services Market Report is Beneficial?
The Green Information Technology Services Market study was constructed using a comprehensive and modern research approach. The study contains a large amount of data on the most current technological and product advancements in the Green Information Technology Services Market and offers a complete analysis of the market competition for the Green Information Technology Services Market. The numerous evaluations of how these upgrades may affect the ongoing growth of Green Information Technology Services Market In the research report for the Green Information Technology Services Market study, extensive historical data and analysis are presented.
The graphical data representations used in the Green Information Technology Services Market report, such as bar graphs, statistics, pie charts, etc., make the report’s insights obvious and simple to comprehend. Green Information Technology Services Market Segmentation:
Based on the makeup of the product and the intended use for which it is to be used, various divisions have been made within the Green Information Technology Services Market market. The growth rate and market share of each market segment are assessed. The experts have also investigated prospective areas where the producers could make money in the ensuing years. Thanks to the accurate volume and value estimates provided by the geographical analysis, market participants can better understand the entire industry.
Global Green Information Technology Services Market:
IT System Design IT Infrastructure System Design Integrated Facilities Design Business Process and System Design Eco-Footprint Assessment Eco-Innovation Planning and Sustainability Program Project Management EPP for IT Systems Sustainable IT Education Programs Others By Type
Design Services Consulting services Customized education Management Services Others By End User
Small and Medium Sized Enterprises Large Enterprises By Industry Verticals
IT and Telecommunications Banking, Financial Services and Insurance (BFSI) Retail and Consumer Goods Healthcare Government Non-Profit Education Others Global Green Information Technology Services Market by Region Green Information Technology Services Market
North America US Canada Mexico Rest of North America Europe Germany France Italy Spain UK Nordic Countries Denmark Finland Iceland Sweden Norway Benelux Union Belgium The Netherlands Luxembourg Rest of Europe Asia-Pacific Japan China India Australia South Korea Southeast Asia Indonesia Thailand Malaysia Singapore Rest of Southeast Asia Rest of Asia-Pacific The Middle East & Africa Saudi Arabia UAE Egypt South Africa Rest of the Middle East & Africa Latin America Brazil Argentina Rest of Latin America Absolute Markets Insights
Absolute Markets Insights is a global market research company that takes pride in its services, offering a complete and accurate analysis with regard to diverse markets and consumers worldwide. Absolute Markets Insights has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.
Customization of the Report:
The report can be customized as per client needs or requirements, our sales executives will be happy to understand your needs and provide you with the most suitable reports.
For any queries-:
Absolute Markets Insights| www.absolutemarketsinsights.com
LinkedIn | Twitter | Facebook