Green IT Services Market to Reach USD 69.4 Billion by 2032|

From GlobeNewswire: 2025-02-27 10:00:00

The Green IT Services Market, valued at USD 18.8 billion in 2023, is projected to reach USD 69.4 billion by 2032 with a CAGR of 15.65%. Major players like IBM, HPE, and Dell are leading the market with sustainable IT solutions. The software segment dominates, while services see a fast growth rate.

On-premises deployment leads the market, but the cloud segment is expected to grow fastest. Organizations are focusing on AI-based cooling systems and renewable energy-based servers for a greener IT environment. Companies are moving towards carbon-neutral cloud providers like AWS and Microsoft Azure for sustainable solutions.

The IT & Telecommunications sector dominates the market, with a rise in demand for green IT infrastructure and eco-friendly networks. The healthcare & life sciences sector is witnessing rapid growth, promoting energy-efficient medical IT systems and green healthcare data centers. AI-driven diagnostics and telemedicine are driving the need for low-power computing solutions.

North America leads the market with 38% revenue share, driven by adoption of energy-efficient IT solutions and environmental regulations. The Asia-Pacific region is expected to grow fastest due to rapid digital transformation and government policies favoring green technology. The market is expanding globally with a focus on sustainability and green IT infrastructure. Countries like China, Japan, and India are focusing on smart cities and renewable energy-driven mega cloud data center expansion. Microsoft, Google Cloud, and Amazon Web Services have made strides in sustainable cloud computing, with initiatives like carbon-neutral regions and energy optimization tools. The Green IT Services Market is expected to see significant growth by 2024, with companies offering a range of solutions for reducing carbon emissions. SNS Insider provides consulting services for businesses looking to assess market opportunities and gain a competitive edge in the green IT sector.



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