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The market is segmented by Type (Software, Service), End-user Vertical (Government, BFSI, IT and Telecom, Industrial, Healthcare), and Geography.
Fastest Growing Market:
The green IT services market was valued at USD 10.12 billion in 2019 and it is projected to reach a value of USD 18.37 billion by the end of 2025, at a CAGR of 10.47% during the forecast period (2020-2025). The use of sustainable sources has been a widely adopted trend as the enormous cost-savings and optimization of the resources have proved to be a favoring factor for the industry.
Green IT also called as green computing is the study where the resources are used in an efficient way. It helps the manufactures and encourages IT departments (in government, BFSI, industrial, and others) to produce environment-friendly products and to consider more to virtualization, power management, and proper recycling habits.
|By End-user Vertical|
|IT and Telecom|
|Other End-user Verticals|
|Middle East & Africa|
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The major players include IBM Corporation, Accenture PLC, Johnson Controls, Green Step Solutions, SAP SE, Schneider Electric SE, and others. The market is fragmented since the market is competitive, without any dominating player. Hence, the market concentration will be low.
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Introduction to Market Drivers and Restraints
4.3 Market Drivers
4.3.1 Increasing Environmental Concerns and Growing Focus on Reducing Carbon Footprints
4.3.2 Strengthening Government Regulations
4.4 Market Restraints
4.4.1 Managing Variable Energy and Resource Demands
4.5 Value Chain / Supply Chain Analysis
4.6 Industry Attractiveness - Porter's Five Forces Analysis
4.6.1 Threat of New Entrants
4.6.2 Bargaining Power of Buyers/Consumers
4.6.3 Bargaining Power of Suppliers
4.6.4 Threat of Substitute Products
4.6.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 By Type
5.2 By End-user Vertical
5.2.3 IT and Telecom
5.2.6 Other End-user Verticals
5.3.1 North America
5.3.4 Latin America
5.3.5 Middle East & Africa
6. COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 IBM Corporation
6.1.2 Accenture PLC
6.1.3 Johnson Controls
6.1.4 SAP SE
6.1.5 Schneider Electric SE
6.1.6 Enablon Sa
6.1.7 Accuvio Sustainability Software
6.1.8 Dakota Software
6.1.9 Enviance Inc.
7. INVESTMENT ANALYSIS
8. MARKET OPPORTUNITIES AND FUTURE TRENDS