Green Information Technology (IT) for Insurers Market Report 2026

The green information technology (IT) for insurers market size has grown rapidly in recent years. It will grow from $4.16 billion in 2025 to $4.72 billion in 2026 at a compound annual growth rate (CAGR) of 13.4%. The growth in the historic period can be attributed to increasing regulatory pressure for environmental compliance, rising energy consumption of data centers, growing corporate sustainability initiatives, expansion of digital infrastructure in insurance sector, increasing awareness of carbon footprint reduction.

The green information technology (IT) for insurers market size is expected to see rapid growth in the next few years. It will grow to $7.86 billion by 2030 at a compound annual growth rate (CAGR) of 13.6%. The growth in the forecast period can be attributed to rising adoption of green cloud computing solutions, increasing investment in sustainable it infrastructure, growing demand for energy-efficient hardware solutions, integration of sustainability metrics in business strategy, expansion of environmental reporting standards. Major trends in the forecast period include increasing adoption of energy-efficient data center infrastructure, rising focus on carbon accounting and emissions tracking in it operations, growing implementation of green it procurement and lifecycle management, expansion of sustainable it governance and compliance frameworks, increasing investment in eco-friendly it hardware and resource optimization.

The expanding digital transformation is anticipated to drive the growth of the Green IT for Insurers market in the coming years. Digital transformation involves integrating digital technologies across all aspects of a business, fundamentally altering how organizations operate and deliver value to their customers. This expanding digital transformation is fueled by improved operational efficiency, enabling businesses to streamline processes, minimize manual tasks, and provide faster, more accurate services. Green IT for insurers facilitates digital transformation by promoting energy-efficient technologies and sustainable IT practices, which lower operational costs, enhance system performance, and foster environmentally responsible innovation. For example, in November 2023, a report by the Central Digital and Data Office, a UK-based government entity, indicated that the government’s emphasis on digital transformation led to a 9% growth in the Government Digital and Data profession over the past six months, bringing the total number of professionals in this field to 28,337. Consequently, the expanding digital transformation is driving the growth of the Green IT for Insurers market.

The rising adoption of cloud-based infrastructure is expected to propel the growth of the Green IT for Insurers market going forward. Cloud-based infrastructure consists of internet-delivered computing resources such as servers, storage, and networking, offered on a scalable, on-demand basis. The rising adoption of cloud-based infrastructure is driven by cost efficiency, as it lowers capital expenditure on physical hardware and reduces ongoing maintenance and operational costs. Green IT for insurers enables this adoption by promoting energy-efficient computing environments, optimizing resource usage, and supporting scalable cloud solutions that decrease carbon emissions and operational expenses while boosting overall sustainability. For instance, in March 2025, the Office for National Statistics, a UK-based government department, reported that in 2023, 9% of firms adopted artificial intelligence (AI), while 69% of firms in the UK implemented cloud-based computing systems and applications. Therefore, the rising adoption of cloud-based infrastructure is driving the growth of the Green IT for Insurers market.

Key companies operating in the green IT for insurers market are focusing on developing advanced solutions, such as specialized green transition insurance platforms, to improve risk assessment, support sustainable initiatives, and provide comprehensive coverage for low-carbon projects. Green transition insurance platforms are technology-driven insurance solutions that incorporate environmental, social, and governance (ESG) factors, delivering risk management, underwriting expertise, and financial protection for renewable energy, decarbonization, and emerging green technologies. For example, in September 2025, Tokio Marine GX, a UK-based insurer under the Tokio Marine Group, launched its global platform offering specialized solutions across the entire decarbonization value chain. The platform is designed to support insurers, brokers, and financial institutions, covering eighteen areas including onshore and offshore wind, solar energy, battery storage, hydrogen, and carbon capture. It combines underwriting expertise, advanced risk analytics, and capacity management tools to enable insurers to effectively underwrite sustainable projects, optimize portfolio performance, and contribute to the acceleration of the global transition to a low-carbon economy.

Major companies operating in the green information technology (IT) for insurers market are Google LLC, Microsoft Corporation, Amazon Web Services Inc, Dell Technologies Inc, Siemens Aktiengesellschaft, Accenture plc, International Business Machines Corporation, Cisco Systems Inc, Oracle Corporation, Schneider Electric SE, SAP SE, NTT DATA Corporation, Tata Consultancy Services Limited, Hewlett Packard Enterprise Company, Fujitsu Limited, Capgemini SE, Infosys Limited, DXC Technology Company, Wipro Limited, CGI Inc, Hitachi Vantara LLC, Uplight Inc, Benchmark Digital Partners LLC, Envirosoft Corporation, Greenplaces Inc.

North America was the largest region in the green information technology (IT) for insurers market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the green information technology (IT) for insurers market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the green information technology (IT) for insurers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The green information technology (IT) for insurers market consists of revenues earned by entities by providing services such as system integration services, green data center management, and sustainability strategy consulting. The market value includes the value of related goods sold by the service provider or included within the service offering. The green information technology (IT) for insurers market also includes sales of environmentally friendly workstations, sustainable printers, and power management devices. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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