The global green technology and sustainability market size is expected to reach USD 68.22 Billion in 2028 and register a steady CAGR over the forecast period, according to latest analysis by Emergen Research. Steady market revenue growth can be attributed to rising awareness among consumers regrading environmental degradation and global warming.
Increasing dependence on non-renewable energy technologies and excessive usage of fossil fuels have generated excessive carbon emissions and resulted in global warming. Government and private organization are developing and deploying green technologies to reduce pollution and protect or enhance the natural environment by conserving energy and natural resources, reduce or eliminate use of toxic agents, and stem pollution and waste. Increasing preference towards renewable sources of energy such as solar panels, wind turbines, and solar heating to minimize greenhouse gas emissions are other major factors driving revenue growth of the global green technology market. Solar energy is a popular type of green technology, which helps in reducing energy bills and dependency on fossil fuels.
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Utilization of Artificial Intelligence (AI) in the energy sector can enhance predictability of demand and supply for renewables across a distributed grid, assist in integration and reliability of renewables, improve energy storage, efficiency, and load management, and enable dynamic pricing and trading, which create market incentives. AI-guided autonomous vehicles have the ability to minimize greenhouse gas emissions through route and traffic optimization, eco-driving algorithms, and autonomous ride-sharing services.
The global Green Technology and Sustainability Market report covers the analysis of drivers, trends, limitations, restraints, and challenges arising in the Green Technology and Sustainability Market. The report also discusses the impact of various other market factors affecting the growth of the market across various segments and regions. The report segments the market on the basis of types, applications, and regions to impart a better understanding of the Green Technology and Sustainability Market.
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Regional segmentation comprises of a current and forecast estimation of the market in the key geographical regions such as North America, Europe, Asia Pacific, Latin America, and Middle East Africa.
Regional Outlook of Green Technology and Sustainability Market:
North America
U.S.
Canada
Mexico
Europe
Germany
U.K.
Italy
France
BENELUX
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Rest of APAC
Latin America
Brazil
Rest of LATAM
Middle East Africa
Saudi Arabia
U.A.E.
South Africa
Rest of MEA
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Emergen Research has segmented the global green technology and sustainability market on the basis of technology, application, and region:
Technology Outlook (Revenue, USD Billion; 2018–2028)
Cloud Computing
Internet of Things (IoT)
Digital Twin
Artificial Intelligence Analytics
Blockchain
Cybersecurity
Application Outlook (Revenue, USD Billion; 2018–2028)
Green building
Crop Monitoring
Carbon footprint management
Forest Monitoring
Air and Water Pollution
Soil Condition/Moisture Monitoring
Water Purification
Weather monitoring and forecasting
Others
Some major companies in the global market report include General Electric, IBM, Enablon, Salesforce, Microsoft Corporation, Schneider Electric, ENGIE Impact, Intelex Technologies Inc., Cority Software Inc., and Sensus.
Highlights of the TOC:
- Report Overview
1.1 Research Scope
1.2 Key Green Technology and Sustainability market segments
1.3 Major players
1.4 Market analysis by product
1.5 Market analysis by application
1.6 Report timeline - Global Growth Trends
2.1 Global Green Technology and Sustainability market size
2.2 Latest Green Technology and Sustainability market trends
2.3 Key growth trends - Competitive Landscape
3.1 Global Green Technology and Sustainability market key players
3.2 Global Green Technology and Sustainability size by manufacturers
3.3 Products of major players
3.4 Entry barriers in the Green Technology and Sustainability market
3.5 Mergers, acquisitions, joint ventures, and strategic alliances
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