Press release
Green Technology and Sustainability Market 2021 Global Analysis Trends, Opportunity & Forecast 2025| IBM, Enablon, Enviance, Sensus, General Electric, Taranis, LO3 Energy, ConsenSys, Trace Genomics, CropX, , SMAP Energy, Treevia, Hortau, Pycno
Growing concerns for maintaining environment health along with increased foreign and domestic investments in green technologies drives the demand for green technologies and sustainability marketThe global green technologies and sustainability (MNS) market size is projected to reach at USD 23 billion by 2025. The factors such as rapidly impending grid parity, reliable and cost-effective grid integration, along with technological advancements that help in eliminating the deployment of renewable energy systems are likely to fuel the growth of green technology and sustainability market over the forecast period.
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Green technology refers to using science & technology so as to conserve the environment. A lot of methods fall under this term including the use of environmental monitoring, green chemistry, and more. Green technologies play a vital role in enhancing the nation’s economic progress towards sustainability and facilitating a substitute socio-economic model so as to enable the present and future generations for a healthy and clean environment.
The global green technology and sustainability market contains digital twin, artificial intelligence (AI) & analytics, cloud computing, internet of things (IoT), security, and block-chain. The internet of things (IoT) segment has gathered the largest market share within the global green technology and sustainability industry in 2019. This is predominantly owing to a high growth of IoT equipment and devices as a functional part in the green technology and sustainability with minimum carbon emission. The block-chain segment is anticipated to grow at a significant growth rate from 2020 to 2025.
The global green technologies and sustainability market has strong competition among the well-established and new emerging players. These market players target to gain a competitive advantage over the other players by participating in partnerships, mergers, and acquisitions and expanding their businesses.
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The global green technologies and sustainability market is a wide range to North America, Europe, APAC, South America, and the Middle East & Africa. North America is considered a mature market in the green technologies and sustainability applications, owing to an outsized presence of organization with the availability of technical expertise and advanced IT infrastructure. The US and Canada are the highest contributory countries to the expansion of the green technologies and sustainability market in North America.
The major players of the global green technology and sustainability market are IBM, Enablon, Enviance, Sensus, General Electric, Taranis, LO3 Energy, ConsenSys, Trace Genomics, CropX, , SMAP Energy, Treevia, Hortau, Pycno, and more. The green technology and sustainability market is fragmented with the existence of well-known global and domestic players across the globe.
Segment Overview of Global Green Technology and Sustainability Market
Technology Overview, 2018-2025 (USD Billion)
Internet of Things (IoT)
Artificial Intelligence (AI) & Analytics
Digital Twin
Cloud Computing
Security
Blockchain
Application Overview, 2018-2025 (USD Billion)
Fire Detection
Carbon Footprint Management
Soil Condition/Moisture Monitoring
Green Building
Water Purification
Water Leak Detection
Weather Monitoring & Forecasting
Crop Monitoring
Forest Monitoring
Air & Water Pollution Monitoring
Sustainable Mining & Exploration
Regional Overview, 2018-2025 (USD Billion)
North America
U.S.
Canada
Europe
UK
Germany
France
Rest of Europe
Asia Pacific
China
Japan
India
Rest of Asia-Pacific
Middle East and Africa
UAE
South Africa
Rest of Middle East and Africa
South America
Brazil
Rest of South America
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Adroit Market Research is an India-based business analytics and consulting company. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.
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