Green technology and sustainability Market is increasing demand with CAGR of 22.6% during 2022-2030

A newly published report titled "Green technology and sustainability Market" by Global Market Vision throws light on the industry dynamics and current and future trends that play a key role in determining the business expansion. The report also highlights the key driving factors and restraints that are impacting the growth. For a comprehensive understanding, the professionals have reviewed the regulatory scenario, market entry strategies, best industry practices, pricing strategy, technology landscape, and consumption, sales, and demand outlook. Y-o-Y growth estimates have also been included to provide the users with accurate statistics and facts. This report will give the readers a bigger and see-through picture of the overall scenario.

The global green technology and sustainability market size was valued at USD 13 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 22.6% from 2022 to 2030.

Green technologies include eco-friendly solutions that result in economic and social sustainability. It is widely known as clean technology production, where the energy is produced as an alternative natural fuel that is less harmful to the environment than fossil fuels. Furthermore, the major goal of green technology is to protect the environment as well as to repair the past damages done to the environment. In addition, various governments across the globe are investing heavily in green technology to conserve nature and to reduce the negative impact on the environment, which is boosting the growth of the market.

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By Component Analysis

In the scope of the study, we have included companies that are offering green technology and sustainability solutions & services. These solutions and services are deployed across applications such as green building, crop monitoring, air and water pollution monitoring, and carbon footprint management.

The solutions segment is projected to hold a major market share. Green technology and sustainability solutions provide real-time statistics, charting and monitoring tools, management services, and other services to the users. It includes environmental monitoring and renewable energy solutions that assist in developing robust and reliable infrastructure and further help create a healthy environment.

LIST OF KEY COMPANIES PROFILED:
General Electric Company (U.S.)
Enablon (Wolters Kluwer) (Europe)
Salesforce.com, Inc. (U.S.)
Microsoft Corporation (U.S.)
Schneider Electric (France)
Engie Impact (U.S.)
Sensus (U.S.)
Enviance (U.S.)
Intelex Technologies Inc. (Canada)
CropX Inc. (California)

This research report categorizes the green technology and sustainability market based on component, technology, application, and region.

By Component:
Solution
Services
Consulting
Integration and deployment
Support and maintenance

By Technology:
IoT
AI and analytics
Digital twin
Cloud computing
Security
Blockchain

By Organization Size:
SMEs
Large Enterprises

By Deployment Mode:
Cloud
On-Premises

By Application:
Carbon footprint management
Green building
Water purification
Water leak detection
Fire detection
Soil condition/moisture monitoring
Crop monitoring
Forest monitoring
Weather monitoring and forecasting
Air and water pollution monitoring
Sustainable mining and exploration

By Vertical:
Energy and Utilities
Travel and Transportation
Industrial Manufacturing
Chemicals
Retail and Consumer Package Goods
Public Sector
Financial services

By Industry Analysis

Based on industry, the market is segmented into air and water pollution monitoring, carbon footprint management, crop monitoring, fire detection, forest monitoring, green building, soil condition/moisture monitoring, sustainable mining and exploration, water management, weather monitoring and forecasting, and others.

The green building segment accounted for the largest market share. Green building technology has become one of the significant trends in the construction industry. Green building technology leverages access card readers, RFID sensors and scanners, motion detectors, and other sensors to monitor the residential status of building sectors.

Crop production is mainly dependent on dynamic weather changes; as a result, crop monitoring is becoming extremely crucial in the agriculture sector. In the agriculture industry, the convergence of advanced technology tailored to government initiatives is projected to drive the demand for crop monitoring in the near future.

Further, carbon footprint management is a significant part of environmental, social, and governance (ESG) management and is anticipated to hold a notable share in the global market. Similarly, weather monitoring and forecasting and air and water pollution monitoring are likely to gain traction due to increasing greenhouse emissions.

Report Covers Impacts of COVID-19 to the market.
The on-going pandemic has overhauled various facets of the market. This research report provides financial impacts and market disturbance on the Green Technology and Sustainability market. It also includes analysis of the potentially lucrative opportunities and challenges in the foreseeable future. GMV has interviewed various delegates of the industry and got involved in the primary and secondary research to confer the clients with information and strategies to fight against the market challenges amidst and after the COVID-19 pandemic.

Key Benefits For Stakeholders

• The study provides an in-depth analysis of global green technology and sustainability market forecast along with the current trends and future estimations to elucidate the imminent investment pockets.
• Information about key drivers, restraints, and opportunities and their impact analysis on global market is provided in the report.
• Porter's five forces analysis illustrates the potency of the buyers and suppliers operating in the industry.
• The quantitative analysis of the market from 2022 to 2030 is provided to determine the market potential.

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https://globalmarketvision.com/reports/global-green-technology-and-sustainability-market/125398

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Email: sales@globalmarketvision.com
Global Market Vision
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