Exclusive Report on Global Green Technology and Sustainability Market to grow at a whopping rate of CAGR more than 26.70%

According to the report, the global Green Technology & Sustainability market size was valued at $11.31 billion in 2020 and is expected to reach $78.15 billion by 2028 growing at the CAGR of 26.70% from 2021 to 2028. This growth is attributed to

• Increase in interest for the use of clean energy resources:
The rise in awareness regarding the importance of reducing the carbon footprint by reducing greenhouse gas (GHG) emissions and implementing new green energy sources, has led to an increase in the adoption of clean energy modules and smart energy (grid) technology. Grid technology allows users to access renewable resources and is widely considered the most effective solution for reducing carbon footprints due partially to benefits associated with grid technology

• The market is Hampered by the high product and solution costs associated with green technology and sustainability solutions

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The recently published research report on Global Green Technology and Sustainability Market by Evolve Business Intelligence examines the industry in the context of major market aspects including market size & forecast, market shares in terms of revenues and volume, key players, and SWOT analysis. The market is analyzed based on 4 separate indications in the market dynamic chapter: Drivers, Restraints, Key Trends, and Challenges. The total sum of these sections will help you understand what strategies will be best to adopt in order to prosper through this industry over a few short years. The quantitative analysis includes our actual findings out of this research study where we provided additional insight into what our readers can do to embrace new opportunities or plan against threats that might hinder the market.

The COVID-19 pandemic has led to disruption in the supply chain leading to lower demand or supply shortages in the Green Technology and Sustainability market. The travel restrictions and social-distancing measures have resulted in a sharp drop in consumer and business spending and this pattern is expected to continue for some time. The end-user trend and preferences have changed due to the pandemic and have resulted in manufacturers, developers, and service providers adopting various strategies to stabilize the company.

The New Normal

As businesses recover from the COVID-19 pandemic, they have a new set of priorities to cope with. Throughout this crisis, they were forced to deal with shifting situations and often fell short of their ultimate goals. Now that a cure has been found and the pandemic is dying down, they will need to recuperate from this epidemic by setting forth new objectives to succeed in the future.

In terms of COVID 19 impact, the Green Technology and Sustainability market report also includes the following data points:
• COVID19 Impact on Green Technology and Sustainability market size
• End-User/Industry/Application Trend, and Preferences
• Government Policies/Regulatory Framework
• Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
• Opportunity in Green Technology and Sustainabilitymarket

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Key Players
Some of the major Green Technology and Sustainability players holding high market share include CropX Inc., Enablon, Enviance Inc., General Electric. These players use acquisition and expansion as a key strategy to gain significant market share to compete with market leaders.

The key players profiled in the report are:
• CropX Inc.
• Enablon
• Enviance Inc.
• General Electric
• IBM Corporation
• LO3 Energy Inc.
• Oracle Corporation
• Tech Mahindra Limited
• Hortau Inc.
• Trace Genomics Inc.

Segmental Analysis

Forecast from 2021 to 2028
Market Segment By Technology with focus on market share, consumption trend, and growth rate of Green Technology and Sustainability Market:
o Internet of Things (IoT)
o Cloud Computing
o Artificial Intelligence & Analytics
o Digital Twin
o Cyber Security
o Blockchain
o Others

Market Segment By Application with focus on market share, consumption trend, and growth rate of Green Technology and Sustainability Market:
o Green Building
o Carbon Footprint Management
o Weather Monitoring & Forecasting
o Air and Water Pollution Monitoring
o Forest Monitoring
o Crop Monitoring
o Soil Condition/Moisture Monitoring
o Water Purification
o Others
For more information: https://evolvebi.com/product/green-technology-sustainability-market-analysis-2021-2028/

Key Region/ Countries Covered
● North America (US, Canada, Mexico)
● Europe (Germany, U.K., France, Italy, Russia, Rest of Europe)
● Asia-Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
● Rest of the World (the Middle East & Africa and South America)

North America holds a larger share in the market owing to the increasing adoption of energy-saving technology.

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