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Green IT Service Trends and Forecast
The future of the global green IT service market looks promising with opportunities in the government, BFSI, information technology and telecom, industrial, and healthcare markets. The global green IT service market is expected to reach an estimated $25.0 billion by 2030 with a CAGR of 9.5% from 2024 to 2030. The major drivers for this market are rising awareness of the environmental impact of information technology, technological advancements are making it easier and more cost-effective to implement green information technology solutions, as well as, government regulations and incentives.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Green IT Service by Segment
The study includes a forecast for the global green IT service by type, end use, and region.
Green IT Service Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Software
• Services
Green IT Service Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Government
• BFSI
• Information Technology and Telecom
• Industrial
• Healthcare
• Others
Green IT Service Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Green IT Service Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies green IT service companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the green IT service companies profiled in this report include-
• IBM
• Johnson Controls
• SAP
• Accenture
• Schneider Electric
Green IT Service Market Insights
Lucintel forecasts that services will remain the larger segment over the forecast period due to growing need for organizations to reduce their environmental impact and improve energy efficiency.
North America will remain the largest region over the forecast period because the governments have been supportive of green IT initiatives, and implementation of number of policies and regulations to promote the adoption of green IT practices.
Features of the Global Green IT Service Market
Market Size Estimates: Green IT service market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Green IT service market size by type, end use, and region in terms of value ($B).
Regional Analysis: Green IT service market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different type, end use, and regions for the green IT service market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the green IT service market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the green IT service market size?
Answer: The global green IT service market is expected to reach an estimated $25.0 billion by 2030.
Q.2 What is the growth forecast for green IT service market?
Answer: The global green IT service market is expected to grow with a CAGR of 9.5% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the green IT service market?
Answer: The major drivers for this market are rising awareness of the environmental impact of information technology, technological advancements are making it easier and more cost-effective to implement green information technology solutions, as well as, government regulations and incentives.
Q4. What are the major segments for green IT service market?
Answer: The future of the global green IT service market looks promising with opportunities in the government, BFSI, information technology and telecom, industrial, and healthcare markets.
Q5. Who are the key green IT service market companies?
Answer: Some of the key green IT service companies are as follows:
• IBM
• Johnson Controls
• SAP
• Accenture
• Schneider Electric
Q6. Which green IT service market segment will be the largest in future?
Answer: Lucintel forecasts that services will remain the larger segment over the forecast period due to growing need for organizations to reduce their environmental impact and improve energy efficiency.
Q7. In green IT service market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period because the governments have been supportive of green IT initiatives, and implementation of number of policies and regulations to promote the adoption of green IT practices.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the green IT service market by type (software and services), end use (government, BFSI, information technology and telecom, industrial, healthcare, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Green It Service Market, Green It Service Market Size, Green It Service Market Growth, Green It Service Market Analysis, Green It Service Market Report, Green It Service Market Share, Green It Service Market Trends, Green It Service Market Forecast, Green It Service Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Green IT Service Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Green IT Service Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Green IT Service Market by Type
3.3.1: Software
3.3.2: services
3.4: Global Green IT Service Market by End Use
3.4.1: Government
3.4.2: BFSI
3.4.3: Information Technology and Telecom
3.4.4: Industrial
3.4.5: Healthcare
3.4.6: others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Green IT Service Market by Region
4.2: North American Green IT Service Market
4.2.2: North American Green IT Service Market by End Use: Government, BFSI, Information Technology and Telecom, Industrial, Healthcare, and others
4.3: European Green IT Service Market
4.3.1: European Green IT Service Market by Type: Software and services
4.3.2: European Green IT Service Market by End Use: Government, BFSI, Information Technology and Telecom, Industrial, Healthcare, and others
4.4: APAC Green IT Service Market
4.4.1: APAC Green IT Service Market by Type: Software and services
4.4.2: APAC Green IT Service Market by End Use: Government, BFSI, Information Technology and Telecom, Industrial, Healthcare, and others
4.5: ROW Green IT Service Market
4.5.1: ROW Green IT Service Market by Type: Software and services
4.5.2: ROW Green IT Service Market by End Use: Government, BFSI, Information Technology and Telecom, Industrial, Healthcare, and others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Green IT Service Market by Type
6.1.2: Growth Opportunities for the Global Green IT Service Market by End Use
6.1.3: Growth Opportunities for the Global Green IT Service Market by Region
6.2: Emerging Trends in the Global Green IT Service Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Green IT Service Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Green IT Service Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: IBM
7.2: Johnson Controls
7.3: SAP
7.4: Accenture
7.5: Schneider Electric
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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