Green IT Services Market Growth Owing to Increased Adoption of Renewable Energy Sources

Green IT Services Market Green IT services involve offering services to reduce the negative environmental impact of IT through practices like sustainable sourcing, computer recycling, and energy-efficient equipment and data centers. The growing emphasis on efficient power management and increased adoption of renewable energy sources are driving the demand for green IT services across industries. Green IT helps organizations lower costs by reducing energy consumption through efficient data center operations and resource allocation. Key services include energy-efficient buildings, power management systems, carbon offsetting, renewable energy procurement, and recycling/resale of hardware. The Global Green IT Services Market is estimated to be valued at US$ 16.14 Bn in 2024 and is expected to exhibit a CAGR of 4.9% over the forecast period 2024 to 2031. Adoption of technologies like cloud computing and virtualization has positively impacted the Green IT Services Market Growt...