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2023 Green Technology And Sustainability Market Report : Market Size, Growth Drivers, And Key Trends | General Electric Company, Intelex Technologies Inc., Microsoft Corporation, ConsenSys, Salesforce Inc
Green Technology And Sustainability Global Market Report
The Business Research Company's Green Technology And Sustainability Global Market Report 2023 identifies the exponential rise in fuel prices and increasing pollution levels are expected to propel green technology and sustainability market growth going forward. The rise in fuel prices refers to the surge in gasoline prices in the international market. Pollution is caused by many human activities, including using fossil fuels by industry and transportation and using synthetic fertilizers and pesticides in agriculture. Due to such reason, there is an increase in demand for green technology and sustainability to harness natural energy using solar panels, wind turbines, dams, and geothermal wells, among other things.
The global green technology and sustainability market size is expected to grow from $12.13 billion in 2022 to $15.23 billion in 2023 at a compound annual growth rate (CAGR) of 25.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The green technology and sustainability market size is expected to reach $35.84 billion in 2027 at a CAGR of 23.8%.
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Major players in the green technology and sustainability market are General Electric Company, Intelex Technologies Inc., Microsoft Corporation, ConsenSys, Salesforce Inc., Schneider Electric SE, Trace Genomics, ENGIE Insight Services Inc., LO3 Energy, Enablon, MineSense Technologies Ltd., Enviance, IsoMetrix, Oracle Corporation, Tech Mahindra Ltd., and International Business Machines Corporation.
A key trend in the Green Technology And Sustainability market includes the Technological advancements and the adoption of innovative technologies are the key trends gaining popularity in the green technology and sustainability market. Many players are investing heavily in technical improvements to deliver sustainable solutions and lessen their reliance on fossil resources.
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The Green Technology And Sustainability market is segmented -
1) By Component: Solution, Services
2) By Technology: Internet of things (IoT), AI And Analytics, Digital Twin, Cloud Computing, Security, Block-chain
3) By Application: Green Building, Carbon Footprint Management, Weather Monitoring and Forecasting, Air And Water Pollution Monitoring, Forest Monitoring, Crop Monitoring, Soil Condition and Moisture Monitoring, Water Purification, Other Applications
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Green Technology And Sustainability market.
The Business Research Company's "Global Green Technology And Sustainability Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Green Technology And Sustainability Market Include:
1. Executive Summary
2. Green Technology And Sustainability Market Characteristics
3. Green Technology And Sustainability Market Trends And Strategies
4. Green Technology And Sustainability Market - Macro Economic Scenario
5. Green Technology And Sustainability Market Size And Growth
……
27. Green Technology And Sustainability Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Green Technology And Sustainability Market
29. Green Technology And Sustainability Market Future Outlook and Potential Analysis
30. Appendix
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