Green technology and sustainability solutions are products, services and technologies that conserve energy, minimize waste, use renewable resources and create less impact on the environment. Some examples of green tech are electric cars, programmable thermostats that help homeowners save energy by scheduling interior environmental changes, and smart buildings that incorporate renewable energy and use recycled water. The technology is also being used to monitor environmental conditions such as air quality, soil moisture, and climate. It can be used to create new opportunities for businesses, such as agritourism and ecotourism.
Market Dynamics:
The global green technology and sustainability market is growing rapidly. Some of the major factors contributing to this growth include increasing demand for renewable energy sources, volatile crude oil prices, formulation and execution of promising government legislations, and a growing need to decrease operational costs in the production sector.
However, the high initial cost of green technology and sustainability systems is a major hurdle expected to hamper the market growth in the coming future.
Key features of the study:
- This report provides in-depth analysis of the global green technology and sustainability market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global green technology and sustainability market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include CropX Inc., Enablon France SA, Enviance Inc., General Electric, Hortau Inc., IBM Corporation, LO3 Energy, Inc., Oracle Corporation, Tech Mahindra Limited, and Trace Genomics, Inc.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global green technology and sustainability market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global green technology and sustainability market
Detailed Segmentation:
- Global Green Technology and Sustainability Market, By Technology:
- Internet of Things (IoT)
- Cloud Computing
- Artificial Intelligence & Analytics
- Digital Twin
- Cyber Security
- Blockchain
- Global Green Technology and Sustainability Market, By Application:
- Green Building
- Carbon Footprint Management
- Weather Monitoring & Forecasting
- Air and Water Pollution Monitoring
- Forest Monitoring
- Crop Monitoring
- Soil Condition/Moisture Monitoring
- Water Purification
- Others
- Global Green Technology and Sustainability Market, By Region:
- North America
- Europe
- Asia Pacific
- Latin America and MEA
- Company Profiles:
- CropX Inc.
- Enablon France SA
- Enviance Inc.
- General Electric
- Hortau Inc.
- IBM Corporation
- LO3 Energy, Inc.
- Oracle Corporation
- Tech Mahindra Limit
