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Green IT Services - A Global Strategic Business Report

Green IT Services - A Global Strategic Business Report - new market research report published


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2012-12-01 00:00:33 - Green IT Services - A Global Strategic Business Report - a new market research report on companiesandmarkets.com

Green IT services, although still a nascent and miniscule segment, when compared with the overall size and magnitude of the IT systems integration and consulting market, is expected to reach US$5.01 billion by 2015. This projected growth in the market will be primarily driven by factors, such as, greater focus on data center optimization, widespread adoption of Green IT initiatives beyond data centers, and development of new green management software technologies, among others.Encouraged by the resounding success of energy star rating program and the general concept of energy conservation, several governments across the globe, have framed regulations and standards to encourage adoption of energy conservation technologies, such as Green IT. In Information Technology, users and vendors, over the years, have

 

 

been increasingly moving towards Green IT technologies and solutions, thereby contributing to the growth of green economy and development of society in general. Enterprises, people and Government, all alike are now looking at Green IT as a means to achieve common objectives such as improving energy efficiencies of IT devices and other electronics, minimizing usage of hazardous material, and promoting recycling of factory waste or defunct products. Against this backdrop of growing clamor for Green IT practices, applications and products, Green IT Services has evolved into an economically and environmentally imperative business model and even a social responsibility for majority of modern enterprises across the globe.According to Global Industry Analysts, growth in the green IT services market has traditionally been fostered by the enterprise focus on achieving data center energy efficiency. Initially driven by regulatory pressures and mandates, data center efficiency has traditionally been the starting point and a focus area of green IT initiatives worldwide. With compelling economic and environmental benefits seeping in, currently however data centers are being painted green under the banner of environmental sustainability, which is rapidly emerging into a business friendly, marketable concept. With the downward pressure exerted on businesses to turn energy efficient, data centers have witnessed a slew of green deployments in the recent past. In the upcoming years, green IT initiatives are poised to spread to other processes within an enterprise i.e. supply chain, HR processes, manufacturing, and other operational processes. With green IT proving its mettle in providing unrivalled and hard-to-overlook energy/cost benefits in data centers, on cards is a proliferation of sustainable IT practices, including adoption of Green IT services throughout the enterprise.The implementation services market continues to remain the largest and the fastest growing service segment in overall Green IT Services market, having accounted for a share of 53.61% in the total revenue generated in 2009, followed by planning services market. Although North America and Europe dominate the overall market, collectively accounting for a share of about 88.17% in the total revenues generated for 2009, Asia-Pacific remains the fastest growing regional market, over the analysis period 2006-2015.This report analyzes the Global market for Green IT Services in US$ Million by the following Service Segments - Assessment, Planning, and Implementation. Annual estimates and forecasts are provided for the period 2006 through 2015. The report profiles 219 companies including many key and niche players such as Accenture PLC, BT Global Services, Deloitte, Global Green Consulting Group, Inc., GreenIT, HCL Technologies, Ltd., Hewlett-Packard Company, HP Enterprise Services, International Business Machines Corporation (IBM), SustainableIT, Tata Consultancy Services, Data Center Efficiency Solution Providers; Computer Sciences Corporation, Dell, Inc., Getronics NV, Intel Corporation, Oracle, and Wipro Systems and Technology Division. Market data and analytics are derived from primary and secondary research. Company profiles are mostly extracted from URL research and reported select online sources. Global Industry Analysts ©

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