Green Information Technology (IT) Services Market: Overview
Green information technology (IT) covers services related to environmentally sustainable computing and IT optimization. The technology aims at minimizing the negative impacts of IT operations by manufacturing, designing, and disposing of servers, computers, and other associated subsystems such as networking systems, communication systems, printers and monitors, and storage devices in an environmentally-friendly manner.
To study the prevailing vendor landscape in the market, the report profiles companies such as Deloitte Touche Tohmatsu Limited, Accenture plc, Cap Gemini S.A., IBM Corp., Tata Consultancy Services, Limited, Dell Inc., Cisco Systems Inc., and others.
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The motive behind deploying green IT practices is to reduce the dependence on hazardous materials, thus promoting biodegradability of outdated or unused products and maximizing the energy efficiency through a product’s lifetime.
The concept of green IT services was first coined in 1992 when Energy Star was launched by the U.S. Environmental Protection Agency. Energy Star is a voluntary labeling program that helps enterprises save money and curb greenhouse gas emissions by identifying the products that offer energy efficiency. Apart from the aforementioned components, green IT also includes redesigning data centers. The market for green IT services has been gaining impetus from the growing popularity of virtualization, cloud computing, and green networking.
The report presents a comprehensive overview of the global green IT services market. It includes information obtained from trusted industrial sources in a logical chapter-wise format. These chapters are further interspersed with relevant graphs, statistics, and tables. Compiled with the intent of updating stakeholders about the prevailing market dynamics, the report also presents insights into the factors driving and restraining the market.
Global Green Information Technology (IT) Services Market: Key Opportunities and Threats
Software development and optimization are dependent on several factors such as algorithmic efficiency, virtualization, resource allocation, and terminal server’s optimization. Many enterprises are keen on adopting green technology and are looking for vendors who can help them in offering green IT services to their clients, subsequently assisting them in reducing costs incurred on data centers and other IT services.
Large-scale organizations around the world have already started deploying criteria or metrics on water use or power use. Apart from tracking their corporate carbon footprint, these companies are also ensuring optimal utilization of assets by promoting the reuse of IT components instead of investing in new ones. The IT services market therefore has been gaining significant momentum from the capital intensive approaches adopted by companies.
Apart from the ICT industry, the hospitality, banking and financial services, manufacturing, pharmaceuticals, and various other industries are joining the green IT and sustainability trend.
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The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, Luxembourg)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia and New Zealand)
- Middle East and Africa (GCC, Southern Africa, North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
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A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
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