
North America Green IT Services Market Size, Share & Trends Analysis Report By Type (Software and Services), By Deployment (On-premises and Cloud), By End-Use, By Country and Growth Forecast, 2024 - 2031
Description
The North America Green IT Services Market would witness market growth of 14.9% CAGR during the forecast period (2024-2031).
The US market dominated the North America Green IT Services Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $13,002.2 million by 2031. The Canada market is experiencing a CAGR of 17.3% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 16.4% during (2024 - 2031).
Green IT services refer to practices, technologies, and solutions to minimize the environmental impact of information technology (IT) operations while maintaining or improving efficiency and performance. These services focus on reducing energy consumption, managing e-waste responsibly, and utilizing environmentally friendly technologies to align IT operations with sustainability goals. By promoting energy efficiency, resource conservation, and renewable energy, green IT services help organizations adopt sustainable practices in designing, implementing, and managing their IT systems.
From virtualization and cloud computing to eco-friendly hardware designs and carbon-neutral data centers, the market is evolving in how technology is developed, deployed, and managed. These advancements address environmental concerns and offer significant cost savings and operational efficiencies, making green IT services a compelling choice for organizations across various industries.
In Canada, the transition from 4G to 5G is projected to significantly impact economic growth, with telecommunications providers expected to invest $26 billion in network development by 2026. This shift is anticipated to contribute up to $40 billion annually to the Canadian economy, underscoring the importance of green IT solutions to ensure the energy efficiency and environmental sustainability of critical digital infrastructure. Furthermore, financial institutions are under increasing pressure to align with environmental, social, and governance (ESG) criteria, prompting investments in sustainable IT infrastructure. Canadian financial institutions, including RBC and TD Bank, are implementing energy-efficient data centers and utilizing cloud computing technologies to diminish energy consumption and lower carbon emissions. Thus, North America's commitment to digital transformation drives innovation in green IT services, positioning the region as a leader in sustainable technological advancements.
Based on Type, the market is segmented into Software and Services. Based on Deployment, the market is segmented into On-premises and Cloud. Based on End-Use, the market is segmented into IT & Telecommunications, BFSI, Healthcare & Life Sciences, Manufacturing, Government & Public Sectors, Energy & Utilities, Retail, and Other End Use. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
By Type
The US market dominated the North America Green IT Services Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $13,002.2 million by 2031. The Canada market is experiencing a CAGR of 17.3% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 16.4% during (2024 - 2031).
Green IT services refer to practices, technologies, and solutions to minimize the environmental impact of information technology (IT) operations while maintaining or improving efficiency and performance. These services focus on reducing energy consumption, managing e-waste responsibly, and utilizing environmentally friendly technologies to align IT operations with sustainability goals. By promoting energy efficiency, resource conservation, and renewable energy, green IT services help organizations adopt sustainable practices in designing, implementing, and managing their IT systems.
From virtualization and cloud computing to eco-friendly hardware designs and carbon-neutral data centers, the market is evolving in how technology is developed, deployed, and managed. These advancements address environmental concerns and offer significant cost savings and operational efficiencies, making green IT services a compelling choice for organizations across various industries.
In Canada, the transition from 4G to 5G is projected to significantly impact economic growth, with telecommunications providers expected to invest $26 billion in network development by 2026. This shift is anticipated to contribute up to $40 billion annually to the Canadian economy, underscoring the importance of green IT solutions to ensure the energy efficiency and environmental sustainability of critical digital infrastructure. Furthermore, financial institutions are under increasing pressure to align with environmental, social, and governance (ESG) criteria, prompting investments in sustainable IT infrastructure. Canadian financial institutions, including RBC and TD Bank, are implementing energy-efficient data centers and utilizing cloud computing technologies to diminish energy consumption and lower carbon emissions. Thus, North America's commitment to digital transformation drives innovation in green IT services, positioning the region as a leader in sustainable technological advancements.
Based on Type, the market is segmented into Software and Services. Based on Deployment, the market is segmented into On-premises and Cloud. Based on End-Use, the market is segmented into IT & Telecommunications, BFSI, Healthcare & Life Sciences, Manufacturing, Government & Public Sectors, Energy & Utilities, Retail, and Other End Use. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- Accenture PLC
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- Cisco Systems, Inc.
- Dell Technologies, Inc.
- Google LLC (Alphabet Inc.)
- Hewlett Packard Enterprise Development LP
- IBM Corporation
- Infosys Limited
- Microsoft Corporation
- Wipro Limited
By Type
- Software
- Services
- On-premises
- Cloud
- IT & Telecommunications
- BFSI
- Healthcare & Life Sciences
- Manufacturing
- Government & Public Sectors
- Energy & Utilities
- Retail
- Other End Use
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
129 Pages
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Green IT Services Market, by Type
- 1.4.2 North America Green IT Services Market, by Deployment
- 1.4.3 North America Green IT Services Market, by End Use
- 1.4.4 North America Green IT Services Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market at a Glance
- 2.1 Key Highlights
- Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
- Chapter 4. Competition Analysis - Global
- 4.1 KBV Cardinal Matrix
- 4.2 Recent Industry Wide Strategic Developments
- 4.2.1 Partnerships, Collaborations and Agreements
- 4.2.2 Product Launches and Product Expansions
- 4.2.3 Acquisition and Mergers
- 4.3 Market Share Analysis, 2023
- 4.4 Top Winning Strategies
- 4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
- 4.4.2 Key Strategic Move: (Partnerships, Collaborations & Agreements : 2022, Sep – 2024, Dec) Leading Players
- 4.5 Porter Five Forces Analysis
- Chapter 5. North America Green IT Services Market by Type
- 5.1 North America Software Market by Region
- 5.2 North America Services Market by Region
- Chapter 6. North America Green IT Services Market by Deployment
- 6.1 North America On-premises Market by Country
- 6.2 North America Cloud Market by Country
- Chapter 7. North America Green IT Services Market by End Use
- 7.1 North America IT & Telecommunications Market by Country
- 7.2 North America BFSI Market by Country
- 7.3 North America Healthcare & Life Sciences Market by Country
- 7.4 North America Manufacturing Market by Country
- 7.5 North America Government & Public Sectors Market by Country
- 7.6 North America Energy & Utilities Market by Country
- 7.7 North America Retail Market by Country
- 7.8 North America Other End Use Market by Country
- Chapter 8. North America Green IT Services Market by Country
- 8.1 US Green IT Services Market
- 8.1.1 US Green IT Services Market by Type
- 8.1.2 US Green IT Services Market by Deployment
- 8.1.3 US Green IT Services Market by End Use
- 8.2 Canada Green IT Services Market
- 8.2.1 Canada Green IT Services Market by Type
- 8.2.2 Canada Green IT Services Market by Deployment
- 8.2.3 Canada Green IT Services Market by End Use
- 8.3 Mexico Green IT Services Market
- 8.3.1 Mexico Green IT Services Market by Type
- 8.3.2 Mexico Green IT Services Market by Deployment
- 8.3.3 Mexico Green IT Services Market by End Use
- 8.4 Rest of North America Green IT Services Market
- 8.4.1 Rest of North America Green IT Services Market by Type
- 8.4.2 Rest of North America Green IT Services Market by Deployment
- 8.4.3 Rest of North America Green IT Services Market by End Use
- Chapter 9. Company Profiles
- 9.1 Accenture PLC
- 9.1.1 Company Overview
- 9.1.2 Financial Analysis
- 9.1.3 Segmental Analysis
- 9.1.4 Research & Development Expenses
- 9.1.5 Recent strategies and developments:
- 9.1.5.1 Partnerships, Collaborations, and Agreements:
- 9.1.5.2 Acquisition and Mergers:
- 9.1.6 SWOT Analysis
- 9.2 Amazon Web Services, Inc. (Amazon.com, Inc.)
- 9.2.1 Company Overview
- 9.2.2 Financial Analysis
- 9.2.3 Segmental Analysis
- 9.2.4 Recent strategies and developments:
- 9.2.4.1 Partnerships, Collaborations, and Agreements:
- 9.2.5 SWOT Analysis
- 9.3 Cisco Systems, Inc.
- 9.3.1 Company Overview
- 9.3.2 Financial Analysis
- 9.3.3 Regional Analysis
- 9.3.4 Research & Development Expense
- 9.3.5 Recent strategies and developments:
- 9.3.5.1 Product Launches and Product Expansions:
- 9.3.6 SWOT Analysis
- 9.4 Dell Technologies, Inc.
- 9.4.1 Company Overview
- 9.4.2 Financial Analysis
- 9.4.3 Segmental and Regional Analysis
- 9.4.4 Research & Development Expense
- 9.4.5 SWOT Analysis
- 9.5 Google LLC (Alphabet Inc.)
- 9.5.1 Company Overview
- 9.5.2 Financial Analysis
- 9.5.3 Segmental and Regional Analysis
- 9.5.4 Research & Development Expense
- 9.5.5 Recent strategies and developments:
- 9.5.5.1 Partnerships, Collaborations, and Agreements:
- 9.5.6 SWOT Analysis
- 9.6 Hewlett Packard Enterprise Company
- 9.6.1 Company Overview
- 9.6.2 Financial Analysis
- 9.6.3 Segmental and Regional Analysis
- 9.6.4 Research & Development Expense
- 9.6.5 Recent strategies and developments:
- 9.6.5.1 Partnerships, Collaborations, and Agreements:
- 9.6.6 SWOT Analysis
- 9.7 IBM Corporation
- 9.7.1 Company Overview
- 9.7.2 Financial Analysis
- 9.7.3 Regional & Segmental Analysis
- 9.7.4 Research & Development Expenses
- 9.7.5 Recent strategies and developments:
- 9.7.5.1 Partnerships, Collaborations, and Agreements:
- 9.7.5.2 Product Launches and Product Expansions:
- 9.7.6 SWOT Analysis
- 9.8 Infosys Limited
- 9.8.1 Company Overview
- 9.8.2 Financial Analysis
- 9.8.3 Segmental and Regional Analysis
- 9.8.4 Research & Development Expense
- 9.8.5 Recent strategies and developments:
- 9.8.5.1 Partnerships, Collaborations, and Agreements:
- 9.8.6 SWOT Analysis
- 9.9 Microsoft Corporation
- 9.9.1 Company Overview
- 9.9.2 Financial Analysis
- 9.9.3 Segmental and Regional Analysis
- 9.9.4 Research & Development Expenses
- 9.9.5 Recent strategies and developments:
- 9.9.5.1 Partnerships, Collaborations, and Agreements:
- 9.9.5.2 Product Launches and Product Expansions:
- 9.9.6 SWOT Analysis
- 9.10. Wipro Limited
- 9.10.1 Company Overview
- 9.10.2 Financial Analysis
- 9.10.3 Segmental and Regional Analysis
- 9.10.4 Research & Development Expenses
- 9.10.5 SWOT Analysis
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