Green IT Services

Global Green IT Services Market to Reach US$27.0 Billion by 2030

The global market for Green IT Services estimated at US$16.2 Billion in the year 2024, is expected to reach US$27.0 Billion by 2030, growing at a CAGR of 8.9% over the analysis period 2024-2030. Software, one of the segments analyzed in the report, is expected to record a 9.3% CAGR and reach US$17.2 Billion by the end of the analysis period. Growth in the Services segment is estimated at 8.1% CAGR over the analysis period.

The U.S. Market is Estimated at US$4.4 Billion While China is Forecast to Grow at 8.3% CAGR

The Green IT Services market in the U.S. is estimated at US$4.4 Billion in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$4.2 Billion by the year 2030 trailing a CAGR of 8.3% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 8.0% and 7.4% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 6.8% CAGR.

Green IT Services - Key Trends and Drivers

Green IT services, also known as sustainable IT or eco-friendly IT services, focus on reducing the environmental impact of information technology operations while enhancing efficiency and reducing costs. These services encompass a broad range of practices, including energy-efficient data centers, virtualization, cloud computing, and the implementation of eco-friendly hardware and software solutions. Companies are increasingly adopting green IT services to align with corporate sustainability goals and regulatory requirements. Energy-efficient data centers utilize advanced cooling techniques, renewable energy sources, and power management software to reduce energy consumption. Virtualization and cloud computing enable organizations to optimize resource usage by consolidating servers and reducing physical hardware needs. Additionally, eco-friendly hardware such as low-power servers and energy-efficient storage devices, along with sustainable software practices, contribute significantly to reducing the carbon footprint of IT operations.

Technological advancements are playing a crucial role in the development and adoption of green IT services. Innovations in artificial intelligence (AI) and machine learning (ML) are being used to optimize energy consumption in data centers and predict maintenance needs, further enhancing operational efficiency. Advanced cooling technologies, such as liquid cooling and free-air cooling, are reducing the reliance on traditional energy-intensive cooling methods. The rise of cloud computing has enabled businesses to shift from on-premises data centers to cloud-based solutions, which often utilize more efficient and scalable infrastructure. Moreover, blockchain technology is being explored for its potential to improve transparency and traceability in supply chains, ensuring that IT components are sourced and disposed of in an environmentally responsible manner. The integration of IoT (Internet of Things) devices in IT infrastructure is also contributing to more efficient resource management by providing real-time data on energy usage and equipment performance.

The growth in the green IT services market is driven by several factors, including increasing environmental awareness, regulatory pressures, and the financial benefits of sustainable practices. Organizations are becoming more conscious of their environmental impact and are seeking ways to reduce their carbon footprint through sustainable IT practices. Regulatory frameworks and government incentives aimed at promoting energy efficiency and reducing greenhouse gas emissions are also encouraging the adoption of green IT services. Financially, green IT solutions can lead to significant cost savings by reducing energy consumption and optimizing resource utilization. The growing demand for corporate social responsibility (CSR) and sustainability reporting is prompting businesses to adopt eco-friendly IT practices as part of their broader sustainability strategies. Additionally, technological advancements are making green IT solutions more accessible and cost-effective, further driving market growth. As a result, the green IT services market is poised for continued expansion, supported by a combination of environmental, regulatory, and economic factors that emphasize the importance of sustainable IT operations.

SCOPE OF STUDY:

The report analyzes the Green IT Services market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Type (Software, Services); End-Use (Industrial, IT & Telecom, Government, BFSI, Healthcare, Other End-Uses)

Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.

Select Competitors (Total 24 Featured) -

• Accenture PLC
• Accuvio
• Dakota Software
• Enablon SA
• Enviance, Inc.
• IBM Corporation
• Johnson Controls, Inc.
• Schneider Electric SA

TARIFF IMPACT FACTOR

Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.

We are diligently following expert opinions of leading Chief Economists (14,949), Think Tanks (62), Trade & Industry bodies (171) worldwide, as they assess impact and address new market realities for their ecosystems. Experts and economists from every major country are tracked for their opinions on tariffs and how they will impact their countries.

We expect this chaos to play out over the next 2-3 months and a new world order is established with more clarity. We are tracking these developments on a real time basis.

As we release this report, U.S. Trade Representatives are pushing their counterparts in 183 countries for an early closure to bilateral tariff negotiations. Most of the major trading partners also have initiated trade agreements with other key trading nations, outside of those in the works with the United States. We are tracking such secondary fallouts as supply chains shift.

To our valued clients, we say, we have your back. We will present a simplified market reassessment by incorporating these changes!

APRIL 2025: NEGOTIATION PHASE

Our April release addresses the impact of tariffs on the overall global market and presents market adjustments by geography. Our trajectories are based on historic data and evolving market impacting factors.

JULY 2025 FINAL TARIFF RESET

Complimentary Update: Our clients will also receive a complimentary update in July after a final reset is announced between nations. The final updated version incorporates clearly defined Tariff Impact Analyses.

Reciprocal and Bilateral Trade & Tariff Impact Analyses:

USA
CHINA
MEXICO
CANADA
EU
JAPAN
INDIA
176 OTHER COUNTRIES.

Leading Economists - Our knowledge base tracks 14,949 economists including a select group of most influential Chief Economists of nations, think tanks, trade and industry bodies, big enterprises, and domain experts who are sharing views on the fallout of this unprecedented paradigm shift in the global econometric landscape. Most of our 16,491+ reports have incorporated this two-stage release schedule based on milestones.

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