Market Research Future (MRFR) provides a clearer picture of the future in this study by describing the market’s dynamics and segmentation. By 2027, the green technology and sustainability market is projected to be worth USD 9.6 billion, growing at a CAGR of 21.04%.
The market for green technology and sustainability has created new opportunities for businesses looking for scalable, dependable, cost-effective, and subscription-based solutions so they can concentrate more on their core competencies. Compared to most other IT industries, the COVID-19 outbreak is having a less impact on the global green technology and sustainability market.
Competitive Outlook:
The key players of the global green technology and sustainability market are General Electric (US), IBM (US), Enablon (France), Enviance (US), Sensus (US), Taranis (Israel), Trace Genomics (US), LO3 Energy (US), ConsenSys (US), CropX (Israel), Hortau (US), SMAP Energy (UK), Treevia (Brazil), Pycno (UK), IoT Solutions and Consulting (Europe), Oizom (India), MineSense Technologies (Canada), and WINT (US).
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Segmentation:
The global green technology and sustainability market has been segmented based on technology, application, and region.
Based on technology, the global green technology and sustainability market has been segmented into Internet of things (IoT), artificial intelligence (AI) and analytics, digital twin, cloud computing, security, and blockchain.
Based on application, the green technology and sustainability market has been segmented into carbon footprint management, green building, water purification, water leak detection, fire detection, soil condition/moisture monitoring, crop monitoring, forest monitoring, weather monitoring and forecasting, air and water pollution monitoring, and sustainable mining and exploration.
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Regional Analysis:
The regional analysis for the green technology and sustainability market has been done for North America, Europe, Asia-Pacific, and the Middle East & Africa, and South America. The market in North America accounted for the largest share in 2019, and it is expected to register strong growth during the forecast period. The market in Asia-Pacific is expected to register the highest CAGR during the forecast period. This growth can be attributed to the vendors across the region are adopting various growth strategies, such as partnerships, acquisitions, and product launches to strengthen their position in the green technology and sustainability market.
Table of Contents:
1 Executive Summary
2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.2.1 Research objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
Continued….
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List of Tables
TABLE 1 LIST OF ASSUMPTIONS
TABLE 2 GLOBAL GREEN TECHNOLOGY AND SUSTAINABILITY MARKET, BY TECHNOLOGY, 2020–2027 (USD MILLION)
TABLE 3 GLOBAL GREEN TECHNOLOGY AND SUSTAINABILITY MARKET, BY APPLICATIONS, 2020–2027 (USD MILLION)
Continued…
List of Figures
FIGURE 1 MARKET SYNOPSIS
FIGURE 2 RESEARCH PROCESS OF MRFR
FIGURE 3 TOP DOWN & BOTTOM-UP APPROACH
Continued…
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