The North America Green IT Services Market is expected to witness market growth of 14.9% CAGR during the forecast period (2024-2031).
The US market dominated the North America Green IT Services Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $13.00 billion by 2031. The Canada market is experiencing a CAGR of 17.3% during 2024-2031. Additionally, the Mexico market is expected to exhibit a CAGR of 16.4% during 2024-2031.
Green IT services refer to practices, technologies, and solutions to minimize the environmental impact of information technology (IT) operations while maintaining or improving efficiency and performance. These services focus on reducing energy consumption, managing e-waste responsibly, and utilizing environmentally friendly technologies to align IT operations with sustainability goals. By promoting energy efficiency, resource conservation, and renewable energy, green IT services help organizations adopt sustainable practices in designing, implementing, and managing their IT systems.
From virtualization and cloud computing to eco-friendly hardware designs and carbon-neutral data centers, the market is evolving in how technology is developed, deployed, and managed. These advancements address environmental concerns and offer significant cost savings and operational efficiencies, making green IT services a compelling choice for organizations across various industries.
In Canada, the transition from 4G to 5G is projected to significantly impact economic growth, with telecommunications providers expected to invest $26 billion in network development by 2026. This shift is anticipated to contribute up to $40 billion annually to the Canadian economy, underscoring the importance of green IT solutions to ensure the energy efficiency and environmental sustainability of critical digital infrastructure. Furthermore, financial institutions are under increasing pressure to align with environmental, social, and governance (ESG) criteria, prompting investments in sustainable IT infrastructure. Canadian financial institutions, including RBC and TD Bank, are implementing energy-efficient data centers and utilizing cloud computing technologies to diminish energy consumption and lower carbon emissions. Thus, North America's commitment to digital transformation drives innovation in green IT services, positioning the region as a leader in sustainable technological advancements.
The US market dominated the North America Green IT Services Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $13.00 billion by 2031. The Canada market is experiencing a CAGR of 17.3% during 2024-2031. Additionally, the Mexico market is expected to exhibit a CAGR of 16.4% during 2024-2031.
Green IT services refer to practices, technologies, and solutions to minimize the environmental impact of information technology (IT) operations while maintaining or improving efficiency and performance. These services focus on reducing energy consumption, managing e-waste responsibly, and utilizing environmentally friendly technologies to align IT operations with sustainability goals. By promoting energy efficiency, resource conservation, and renewable energy, green IT services help organizations adopt sustainable practices in designing, implementing, and managing their IT systems.
From virtualization and cloud computing to eco-friendly hardware designs and carbon-neutral data centers, the market is evolving in how technology is developed, deployed, and managed. These advancements address environmental concerns and offer significant cost savings and operational efficiencies, making green IT services a compelling choice for organizations across various industries.
In Canada, the transition from 4G to 5G is projected to significantly impact economic growth, with telecommunications providers expected to invest $26 billion in network development by 2026. This shift is anticipated to contribute up to $40 billion annually to the Canadian economy, underscoring the importance of green IT solutions to ensure the energy efficiency and environmental sustainability of critical digital infrastructure. Furthermore, financial institutions are under increasing pressure to align with environmental, social, and governance (ESG) criteria, prompting investments in sustainable IT infrastructure. Canadian financial institutions, including RBC and TD Bank, are implementing energy-efficient data centers and utilizing cloud computing technologies to diminish energy consumption and lower carbon emissions. Thus, North America's commitment to digital transformation drives innovation in green IT services, positioning the region as a leader in sustainable technological advancements.
List of Key Companies Profiled
- Accenture PLC
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- Cisco Systems, Inc.
- Dell Technologies, Inc.
- Google LLC (Alphabet Inc.)
- Hewlett Packard Enterprise Development LP
- IBM Corporation
- Infosys Limited
- Microsoft Corporation
- Wipro Limited
Market Report Segmentation
By Type
- Software
- Services
By Deployment
- On-premises
- Cloud
By End Use
- IT & Telecommunications
- BFSI
- Healthcare & Life Sciences
- Manufacturing
- Government & Public Sectors
- Energy & Utilities
- Retail
- Other End Use
By Country
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Competition Analysis - Global
Chapter 5. North America Green IT Services Market by Type
Chapter 6. North America Green IT Services Market by Deployment
Chapter 7. North America Green IT Services Market by End Use
Chapter 8. North America Green IT Services Market by Country
Chapter 9. Company Profiles
Companies Mentioned
- Accenture PLC
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- Cisco Systems, Inc.
- Dell Technologies, Inc.
- Google LLC (Alphabet Inc.)
- Hewlett Packard Enterprise Development LP
- IBM Corporation
- Infosys Limited
- Microsoft Corporation
- Wipro Limited
Methodology
LOADING...
