About Green IT Service
Green services are those services that are environmentally friendly. Green IT service is the practice of environmentally sustainable computing. It aims to minimize the negative impact of IT operations on the environment by designing, manufacturing, operating, and disposing of computers and computer-related products in an environmentally-friendly manner. Its motive is to overcome the use of hazardous materials, maximizing energy efficiency during the product’s lifetime and promoting the biodegradability of unused and outdated products.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Global Green IT Service is a fragmented market due to the presence of various players. The players are focusing on investing more in Launching New Services. These will enhance their market presence. The companies are also planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Green IT Service market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
IBM Corporation (United States), Accenture (Ireland), Johnson Controls (Ireland), SAP SE (Germany), Schneider Electric SE (United States), Dell (United States), Cisco Systems (United States), Apple (United States), Google (United States), Microsoft (United States) and Intel (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are HCLTech (India), Atos (France) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Green IT Service market by Type (Solar Power System, Wind Turbine Program, Geothermal Power and Others), Application (Virtualization, Terminal Servers, Power Management, Power Supply and Others) and Region.
On the basis of geography, the market of Green IT Service has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Solutions, the sub-segment i.e. For the Professional will boost the Green IT Service market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Service, the sub-segment i.e. Design will boost the Green IT Service market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing Popularity of Virtualization, Green Networking and Demand for the Cloud Computing
Market Growth Drivers:
Increasing Application of Green IT Service to Reduces the Energy Consumption which Results in Low Carbon Dioxide Emission and Changing Government Policy to Encourage Recycling
Challenges:
Rapid Technology Change
Restraints:
Green IT Service can Quite Expensive
Opportunities:
Government spending on the Green IT Service can create Opportunities for the Market Growth
Market Leaders and their expansionary development strategies
In Jan 2021, SAP has announced the acquisition of Signavio. The combination helps to strengthen SAP’s capacity to help companies quickly understand, improve, transform and manage their business processes at scale. SAP and Signavio will bring together standardized process KPIs, broad benchmarking data, process mining, user behavior mining, and customer experience analysis.
In June 2021, Accenture has launched a green cloud advisor platform named as myNav. The new platform allows enterprises to operate more sustainable and efficient cloud environments. It helps companies for designing cloud solutions that reduce carbon emissions and lay a foundation for responsible innovation.
Key Target Audience
Green IT Service Providers, Green IT Service Industry Association, Regulatory Bodies, Potential Investors, Research and Development Institutes and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.