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Cloud Sustainability Market: Cloud-based Services is Leading to Carbon Emission Reductions

November, 2024

Cloud Sustainability Market

Region Wise Carbon Reduction due to Cloud Shifting From On-premises, 2024

The cloud sustainability market involves green cloud computing, which uses cloud systems to maintain ecological balance and ensure sustainable growth. It refers to how the cloud can promote a positive environmental impact. It also describes how cloud providers can ensure efficiency in delivering cloud services. When it comes to ecological sustainability, cloud computing is helpful in many ways, including reducing carbon footprint, improving efficient energy consumption, and reducing resources used in cooling systems. Migrations to the cloud could reduce annual carbon dioxide emissions by 59 million tons annually, the equivalent of removing 22 million cars from active use.

One of the core benefits of the cloud for sustainability is decarbonization. Cloud technologies currently play a significant role in reducing carbon emissions. In the years to come, cloud systems are tipped to promote the implementation of almost half the decarbonization initiatives needed to achieve net-zero carbon emissions by 2050. More cloud providers like AWS are using hardware made from low-carbon concrete and steel to reduce carbon footprint. Cloud providers are offering more tools and features that streamline carbon accounting for customers and make it more transparent. These tools allow customers to make informed decisions about technological sustainability.

Migrating to the cloud can reduce carbon emissions by up to 84% compared to conventional infrastructure. For example, running workloads in the AWS cloud in South America is about 4.1 times more efficient than on-premises. Companies migrating to the cloud can save almost 50% in total cost of ownership. This is expected to boost demand in the cloud sustainability market in the coming years.

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