Green Technology and Sustainability Market: Global Opportunity Analysis and Industry Forecast, 2020–2027 | Key players - CropX Inc., Enablon France SA, Enviance Inc., General Electric, Hortau Inc., IBM Corporation, LO3 Energy, Inc., Oracle Corporation

Increasing environmental awareness among the consumers that has further increased the demand for eco-friendly products or less harmful products is driving the growth of the market. The government initiatives for reducing the carbon footprint and to minimize waste production is a major factor that is anticipated to propel the growth of the market over the forecast period.

The global green technology and sustainability market size was valued at $8.79 billion in 2019, and is projected to reach $48.36 billion by 2027, growing at a CAGR of 24.3% from 2020 to 2027.

Download Report Sample (150 Pages PDF with Insights) @ https://www.alliedmarketresearch.com/request-sample/6398

Surge in usage of RFID sensors to track carbon emission and rise in industrial and consumer interest for the use of clean energy resources drive the growth of the global green technology and sustainability market. However, high cost associated with green technology and sustainability solutions restrains the market growth. Furthermore, favorable private and government initiatives to curb air pollution and carbon footprint is expected to provide new growth opportunities for the market player in near future.

The artificial intelligence & analytics segment is expected to experience significant growth in the coming years, owing to development of new AI-based green technology solutions for various agriculture purposes. In addition, surge in adoption of AI-based technology among various applications such as green building, carbon footprint management, water leak detection, water purification, fire detection, and sustainable mining & exploration is expected to provide lucrative opportunities for the expansion of the market.

For Purchase Enquiry: https://www.alliedmarketresearch.com/purchase-enquiry/6398

Based on region, North America contributed the highest share, accounting for nearly one-third of the total market share in 2018, and will maintain its dominance throughout the forecast period. However, Asia-pacific is expected to grow at the highest CAGR of 27.6% from 2019 to 2026.

Leading market players analyzed in the research include LO3 Energy, Inc., IBM Corporation, Tech Mahindra Limited, Oracle Corporation, CropX Inc., Trace Genomics, Inc., Enviance Inc., Enablon France SA, Hortau Inc., and General Electric.

The report offers a detailed segmentation of the global green technology and sustainability market based on technology, application, and region.

Based on technology, the Internet of Things (IOT) segment contributed to the largest share in 2018, accounting for more than one-fourth of the total share, and is estimated to maintain its dominant position during the forecast period. However, the artificial intelligence and analytics segment is estimated to portray the highest CAGR of 28.8% during the forecast period.

Get detailed COVID-19 impact analysis on the green technology and sustainability market: https://www.alliedmarketresearch.com/request-for-customization/6398

Based on application, the green building segment accounted for the largest share in 2018, holding around one-fifth of the total share, and is expected to maintain the largest share throughout the forecast period. However, the crop monitoring segment is expected to register the highest CAGR of 29.9% from 2019 to 2026.

Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: 1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Follow Us on: LinkedIn Twitter

About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

AMR introduces its online premium subscription-based library Avenue, designed specifically to offer cost-effective, one-stop solution for enterprises, investors, and universities. With Avenue, subscribers can avail an entire repository of reports on more than 2,000 niche industries and more than 12,000 company profiles. Moreover, users can get an online access to quantitative and qualitative data in PDF and Excel formats along with analyst support, customization, and updated versions of reports.

This release was published on openPR.