Technologies such as the intelligent electrical connectors used in smart grids could be set for significant investment in the years to come as energy management systems (EMS) reach full market penetration.
Pike Research predicts that the potential of the EMS market could be seven times its current level, estimating only 14 per cent of possible customers have already been reached.
EMS and smart grids - along with data centre trends, videoconferencing and cloud computing - are among the remit of the analyst's newly formed Green IT practice.
Pike Research suggests: "EMS are being utilised by commercial building property managers to optimise energy consumption in their facilities."
With the IT industry globally looking to reduce its costs associated with energy, intelligent electrical connectors with high efficiency ratings and the potential to switch off when idle could be in demand in the years to come.
Further spending is anticipated on other related areas, such as investments into smart grid security predicted to be made by utility suppliers.