Green IT Services Market Analysis and Forecast by Rapid Growth Rate 2020 Value Share Analysis by Regions, Industry Size, Key Insights till 2024

Green IT Services

The “Green IT Services Market” report 2020 covers all the significant developments which are recently being adopted across the global market. The prime objective of the Green IT Services market report is to provides an in-depth analysis of all market dynamics including drivers and restraints, and trends, and opportunities. The Green IT Services market report covers both the demand and supply aspects of the market. The report also highlighted the future trends in the Green IT Services market that will impact the demand during the forecast period.

Scope of the Report:

Green IT also called as green computing is the study where the resources are used in an efficient way. It helps the manufactures and encourages IT departments (in government, BFSI, Industrial, and others) to produce environment-friendly products and to consider more to virtualization, power management, and proper recycling habits.

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Market Overview:

  • The green IT services market was valued at USD 9.16 billion in 2018, and it is projected to reach a value of USD 16.63 billion by the end of 2024, at a CAGR of 10.47% during the forecast period (2019-2024). The use of sustainable sources has been a widely adopted trend as the enormous cost-savings and optimization of the resources have proved to be a favoring factor for the industry.
  • – The growing emphasis on reducing carbon footprints and the growing need for eco-friendly services are pushing the growth of green IT services. Companies around the world have started improving the efficiencies of operations. The need to reduce wastage, efficiently utilize resources and reduce carbon footprints warrants the deployment of innovative and sustainable solutions.
  • – Due to the increase in environmental conditions and carbon footprints the companies and government have started to control and to improve the condition by the deployment of IT solutions which acts as a driver to green IT services market.
  • – However, the high initial costs of such services are limiting the growth of this market. Many companies and organizations have limited or no budgets for green IT resources.

    Some of the Top Key Players of Green IT Services Market Report Are:

  • IBM Corporation
  • Accenture PLC
  • Johnson Controls
  • SAP SE
  • Schneider Electric SE
  • Enablon S.A.
  • Accuvio Sustainability Software
  • Dakota Software
  • Enviance Inc.

    Report Highlights:

    • Market Dynamics – Drivers, Restraints, and Opportunities
    • Market Segmentation – Types, Applications, Regions, and Technology
    • Market Trends
    • Competitive Landscape
    • SWOT Analysis and Porter’s Five Forces Analysis

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    Key Market Trends:

    Application in IT and Telecom to Drive the Green IT Service Market

    – The use of green IT services is expected to grow in the IT and Telecom industry as the number of start-ups and organizations is growing rapidly. Information technology and the telecom industry are among the leading industries utilizing the green IT services in the recent past.
    – Since there is a large presence of users at social media platforms the internet traffic has elevated with significant growth and because of that storage and cloud space has to be updated with the installation of high capacity powerful servers replacing the old outdated servers. Green IT services come into the role which can utilize the same old disposing of computers products and using them in an environment-friendly manner.
    – The telecom industry has recorded strong growth over the last few decades, aided by growing adoption in developing regions. They provide support for telephone systems, cabling, installation and repair, fault tracing, and survey services. Also, they make sure that the quality of the wiring installation will be longlasting and less hazardous and to replace old ones.

    North America to Have Higher Market Share

    – The rapidly evolving market in the North American region has a diverse group of providers for green IT services, which is led by major software and service players also the government have issued norms that promotes the practice of green IT services.
    – For instance, Johnson Controls helped establish energy performance contracting in 1983 and has implemented more than 3,000 performance contracts in North America alone.
    – Johnson Controls facility audits to identify opportunities to improve the efficiency of the building envelope, lighting, HVAC, power management, water, and other systems.
    – In North America, with the environmental regulations, rising energy costs, expanding data centers, are some of the challenges that drive the energy efficient and sustainable infrastructure to build green infrastructure which gives different approach for the entire infrastructure. Green IT services, help the systems to reduce costs, alleviate operational issues and prepare for the rapidly emerging regulatory environment.

    The Report Covers:

    • Comprehensive research methodology of Green IT Services market
    • In-depth analysis of macro and micro factors influencing the market guided by key recommendations.
    • Analysis of regional regulations and other government policies impacting the global sleep aid market
    • Insights about market determinants which are stimulating the global Green IT Services market
    • Detailed and extensive market segments with regional distribution of forecasted revenues
    • Extensive profiles and recent developments of market players Companies Mentioned

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    Detailed TOC of Green IT Services Market Report 2020-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Introduction to Market Drivers and Restraints
    4.3 Market Drivers
    4.3.1 Increasing Environmental Concerns and Growing Focus on Reducing Carbon Footprints
    4.3.2 Strengthening Government Regulations
    4.4 Market Restraints
    4.4.1 Managing Variable Energy and Resource Demands
    4.5 Value Chain / Supply Chain Analysis
    4.6 Industry Attractiveness – Porter’s Five Force Analysis
    4.6.1 Threat of New Entrants
    4.6.2 Bargaining Power of Buyers/Consumers
    4.6.3 Bargaining Power of Suppliers
    4.6.4 Threat of Substitute Products
    4.6.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 By Type
    5.1.1 Software
    5.1.2 Services
    5.2 By End-user Vertical
    5.2.1 Government
    5.2.2 BFSI
    5.2.3 IT & Telecom
    5.2.4 Industrial
    5.2.5 Healthcare
    5.2.6 Other End-user Verticals
    5.3 Geography
    5.3.1 North America
    5.3.2 Europe
    5.3.3 Asia-Pacific
    5.3.4 Latin America
    5.3.5 Middle East & Africa

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 IBM Corporation
    6.1.2 Accenture PLC
    6.1.3 Johnson Controls
    6.1.4 SAP SE
    6.1.5 Schneider Electric SE
    6.1.6 Enablon S.A.
    6.1.7 Accuvio Sustainability Software
    6.1.8 Dakota Software
    6.1.9 Enviance Inc.

    7 INVESTMENT ANALYSIS

    8 MARKET OPPORTUNITIES AND FUTURE TRENDS

    Contact Us:

    Name: Ajay More

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