Global green IT services market is estimated to be valued at USD 26.83 Bn in 2024 and is expected to reach USD 84.71 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 17.8% from 2024 to 2031.

Green IT services refer to the eco-friendly use of information technology aimed at reducing carbon footprint. It involves designing, manufacturing, using and disposing electronic devices in an eco-friendly way. With growing concerns about climate change and dwindling natural resources, green IT has become increasingly important. It helps organizations to lower operational costs and boost energy efficiency by optimizing infrastructure and workflows. Global green IT services market is expected to witness substantial growth in the near future as businesses focus on sustainable practices and enhance their green credentials.

Market Dynamics:

Global green IT services market growth is driven by rising need to optimize resource utilization and reduce environmental impact of IT operations. Growing concerns about the hazardous waste generated from electronic equipment disposal boosts demand for green IT solutions. Organizations are adopting green services to lower their carbon footprint and power bills. However, high initial investments associated with upgrading infrastructure as per green standards can hamper the market growth. Collaboration of IT vendors with SMBs to offer customized and affordable solutions can offer a major opportunity. COVID-19 has further accelerated the digital transformation of enterprises, thus, boosting demand for managed green services.

Key features of the study:

• This report provides in-depth analysis of the global green IT services market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year.
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
• It profiles key players in the global green IT services market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies.
• Key companies covered as a part of this study include Accenture PLC, Accuvio Sustainability Software, Cority Software Inc., Dakota Software, Enablon Sa, Enviance Inc., Green IT Consulting, Green Step Solutions, HJS Technology, IBM Corporation, Johnson Controls, SAP SE, Schneider Electric SE.
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
• Global green IT services market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.

Detailed Segmentation-

• By Type
  • Software
  • Services
    • Professional Services
      • Consulting
      • Integration and Deployment
      • Support and Maintenance
    • Managed Services
• By Industry Vertical
  • BFSI
  • IT and Telecom
  • Industrial
  • Healthcare
  • Retail
  • Others
• By Regional
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa
• Key Players Insights
  • Accenture PLC
  • Accuvio Sustainability Software
  • Cority Software Inc.
  • Dakota Software
  • Enablon Sa
  • Enviance Inc.
  • Green IT Consulting
  • Green Step Solutions
  • HJS Technology
  • IBM Corporation
  • Johnson Controls
  • SAP SE
  • Schneider Electric SE