The global green technology and sustainability market is expected to reach USD 68.22 billion in 2028 with a steady CAGR. The rise of consumer awareness of environmental degradation and global warming has contributed to the market’s growth. The use of AI-guided autonomous vehicles is expected to reduce carbon emissions, while IoT-based energy solutions are helping companies cut down on energy bills. The report also highlights the importance of green buildings in minimizing carbon emissions and the revenue growth of the green technology and sustainability market. Additionally, the report includes geographical segmentation, leading players in the market, and key questions answered in the report. Finally, other trending titles, including the license management market and the smart transportation market, as well as the latest reports on the video surveillance market and the hair styling market are provided.
The global market for green technology and sustainability is expected to grow steadily and reach USD 68.22 billion by 2028, according to a recent analysis by Emergen Research. This growth can be attributed to rising consumer awareness of environmental degradation and global warming. Excessive usage of fossil fuels and dependence on non-renewable energy technologies have generated high levels of carbon emissions and resulted in global warming. One solution to this problem is AI-guided autonomous vehicles, which can reduce greenhouse gas emissions by optimizing routes and traffic, using eco-driving algorithms, and providing autonomous ride-sharing services.
The report covers a forecast period from 2021 to 2028, with a compound annual growth rate (CAGR) of 25.8% and a base year of 2020. The report consists of 250 pages and provides in-depth insights into company profiles, production capacity, production values, product portfolios, strategic plans such as mergers and acquisitions, joint ventures, collaborations, product launches, brand promotions, government and corporate deals, among others. The report also includes a comprehensive SWOT analysis and Porter’s Five Forces analysis to provide a better understanding of the competitive landscape of the industry.
Geographically, the report analyses growth opportunities for various regions of the Green Technology and Sustainability market, gauging their revenue share over the forecast timeline, and the year-on-year growth rate of these regions. The leading market regions profiled in the report are North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
The report highlights key players in the market, including General Electric, IBM, Enablon, Salesforce, Microsoft Corporation, Schneider Electric, ENGIE Impact, Intelex Technologies Inc., Cority Software Inc., and Sensus. The report provides an in-depth analysis of these players, including their company profiles, production values, production capacity, product portfolio, strategic plans, government and corporate deals, and more.
In July 2019, Emrgy Inc. signed an agreement with GE Renewable Energy about Micro Hydrokinetic technology. The partnership aims to provide Emrgy’s hydropower turbines to GE Renewable Energy. Emrgy Inc. is a tech innovator that creates modular turbines to harness the power of water as a clean and distributed energy resource. The Internet of Things (IoT) segment accounted for the largest revenue share in 2020. Companies across different verticals are increasingly adopting IoT-based energy solutions to minimize their carbon footprint and cut down energy bills.
The green building segment’s revenue is expected to expand at a rapid CAGR during the forecast period. The growing trend towards green buildings to reduce carbon emissions and minimize energy bills is expected to drive the revenue growth of the green technology and sustainability market. Emergen Research has segmented the global green technology and sustainability market on the basis of technology, application, and region. The report provides an in-depth analysis of all the key change calculation factors that replicate the decisions that trigger the change, which pushes the player’s winning position profitable on the growth curve despite massive competition in the target Green Technology and Sustainability market.
The report’s technology outlook (revenue, USD billion; 2018–2028) includes cloud computing, IoT, digital twin, artificial intelligence & analytics, blockchain, and cybersecurity. The application outlook (revenue, USD billion; 2018–2028) includes green building, crop monitoring, carbon footprint management, forest monitoring, air and water pollution, soil condition/moisture monitoring, water purification, weather monitoring and forecasting, and others.
The report answers key questions such as the growth rate of the Green Technology and Sustainability market, the anticipated market valuation of the Green Technology and Sustainability industry by 2028, the key growth driving and restraining factors of the Green Technology and Sustainability market, the prominent players operating in the market and their key strategies, the key opportunities and growth prospects of the Green Technology and Sustainability industry over the forecast period, and the region expected to show significant growth in the coming years. Interested parties can look over transcripts provided by Emergen Research and proceed to buy now at a discounted price.
Emergen Research is a market research and consulting company that offers customized research reports and consulting services. Their solutions solely focus on locating, targeting, and analyzing consumer behavior shifts across demographics and industries, to help clients make smarter business decisions. They provide market intelligence studies that offer relevant and fact-based research across multiple industries such as healthcare, touch points, chemicals, types, and energy. They consistently update their research offerings to ensure their clients are aware of the latest trends in the market.
Emergen Research has a strong base of experienced analysts from varied areas of expertise. Their industry experience and ability to develop a concrete solution to any research problems provide their clients with the ability to secure an edge over their respective competitors.
Interested parties can contact Eric Lee, Corporate Sales Specialist, for any queries regarding the report or its customization. They can also visit the Emergen Research website for more insights, custom intelligence services, and growth consulting services.
Market O Graphics reports that the Green Technology and Sustainability Market is expected to be worth USD 68.22 billion in 2028, according to the latest analysis by Emergen Research. The report identifies rising consumer awareness of environmental degradation and global warming as drivers of steady market revenue growth. The post also highlights trending titles such as the license management market and the smart transportation market, as well as the latest reports on the video surveillance market and the hair styling market.
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