Green IT Services also encompasses choosing sustainably sourced raw materials, decreasing electronic waste and promoting sustainability through the use of renewable resources. Rising environmental awareness has prompted many businesses to make the shift to green IT services. This type of service provide a range of benefits to companies that need to decrease their carbon footprint.
Market Dynamics:
In order to improve their energy efficiency, the major economies have already formed regulations, and the other countries are following it which is expected to drive the growth of global green IT Services market. For example, the Energy Efficiency Directive had established measures to help the European Union reach a 20% energy efficiency target by 2020. However, it was amended in 2018, with an energy efficiency target of at least 32.5% by 2030. Such developments in the region are forcing businesses to adopt greener and more efficient solutions.
CIOs have been shifting to the emergency cost minimization. Implementing the investment will be reduced and focus on the operation that keep running the commerce is anticipated to hinder the growth of the global green IT Services market.
The wireless devices consume high amount of energy and emit a considerable amount of carbon while being used. Thus, the technological companies have an opportunity to not only decrease the energy consumption in these wireless devices, but also decreases the amount of carbon emitted by these devices which is projected to boost the growth of global green IT Services market.
Key features of the study:
Detailed Segmentation:
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*Browse 24 market data tables and 28 figures on "Green IT Services MARKET” - Global forecast to 2030
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