According to the most recent analysis by Emergen Research, the size of the worldwide green technology and sustainability market is anticipated to reach USD 68.22 billion in 2028 and exhibit a consistent CAGR throughout the projected period. Rising consumer awareness of environmental degradation and global warming might be linked to consistent market revenue growth. The overuse of fossil fuels and growing reliance on non-renewable energy sources have increased carbon emissions and contributed to global warming.
Green technologies are being developed and used by public and private organisations to minimise pollution, safeguard or improve the environment, and reduce or do away with the usage of harmful substances, waste, and pollution. Other significant reasons influencing the growth of the worldwide green technology market's revenue include consumers' growing desire for renewable energy sources like solar panels, wind turbines, and solar heating to reduce greenhouse gas emissions. Popular green technology like solar energy aids in lowering energy costs and dependence on fossil fuels.
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The latest research report named ‘Global Green Technology and Sustainability Market - Forecast to 2028’, entails a comprehensive review of the global Green Technology and Sustainability Market’s present and future trends. The report gathers viable information on the most established industry players, sales and distribution channels, regional spectrum, estimated market share and size, and revenue estimations over the forecast timeframe. The study is inclusive of a profound analysis of this business sphere focuses on the overall remuneration of the market over the projected period.
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.
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Regional Analysis:
Regional analysis includes an in-depth study of the key geographical regions to gain a better understanding of the market and provide an accurate analysis. The regional analysis covers North America, Latin America, Europe, Asia Pacific, and Middle East Africa. The regional analysis covers the analysis of key market segments, including revenue, CAGR, import/export, supply and demand ratio, production and consumption ratio, industrial chain analysis, and market dynamics in each region of the geographies.
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
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Key Features of the Green Technology and Sustainability Market Report:
The report offers details about key drivers, restraints, opportunities, challenges, growth prospects, limitations, and threats
The report encompasses details about the key companies, product portfolio along with specifications, production valuation, and market shares
Evaluation of key current and emerging market trends and growth prospects
It also offers research-backed estimations for the forecast period of eight years, primarily to estimate the potential market growth
Brief overview of industry with regards to research and development, technological advancements, and product development
In-depth assessment of upstream raw materials, downstream buyers, demands, and current market scenario
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