Press release
AI in Environmental Sustainability Market Applications Impacting Climate Change Mitigation and Resource Management
AI in Environmental Sustainability Market
According to the latest research by InsightAce Analytic, the Global AI in Environmental Sustainability Market is valued at USD 17.2 Bn in 2024, and it is expected to reach USD 100.3 Bn by 2034, with a CAGR of 19.4% during the forecast period of 2025-2034.
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AI in Environmental Sustainability encompasses the utilization of artificial intelligence technologies to enhance and promote initiatives aimed at environmental conservation. This involves applying AI to optimize resource management, reduce waste, monitor environmental conditions, and support climate change mitigation efforts. Through the analysis of extensive datasets, pattern recognition, and predictive modeling, AI facilitates the formulation of more effective and efficient strategies for advancing sustainability goals. The cross-sectoral integration of AI holds considerable potential to accelerate progress toward the achievement of long-term environmental sustainability targets.
List of Prominent Players in the AI in Environmental Sustainability Market:
• Microsoft Corporation
• IBM Corporation
• Google LLC
• Amazon Web Services (AWS)
• Intel Corporation
• NVIDIA Corporation
• Siemens AG
• General Electric (GE)
• Schneider Electric SE
• Oracle Corporation
• Enablon (Wolters Kluwer)
• SAP SE
• C3.ai Inc.
• SAS Institute Inc.
• ABB Ltd.
• Wipro Limited
• Hitachi, Ltd.
• Cisco Systems, Inc.
• Envision Energy
• CleanCloud Technologies
• Huawei Technologies Co., Ltd.
• Ecobot
• ClimateAI
• Green Energy Hub
• Others
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Market Dynamics
Drivers:
Technological advancements in AI, including machine learning, data analytics, and sensor networks, have markedly improved the capacity to collect, analyze, and interpret large volumes of environmental data. These developments facilitate more accurate monitoring, forecasting, and management of environmental resources and challenges. Furthermore, stringent environmental regulations and policies enacted by national and international authorities aimed at reducing carbon emissions, managing waste, and conserving natural resources are accelerating the adoption of AI technologies. Organizations increasingly leverage AI to achieve sustainability targets and ensure compliance with regulatory requirements.
Challenges:
A significant challenge hindering market expansion is the shortage of skilled professionals proficient in developing, implementing, and managing AI technologies. This talent deficit may constrain the effective deployment and performance of AI solutions in environmental sustainability. Additionally, integrating AI with existing infrastructure and legacy systems poses both financial and operational difficulties, as ensuring seamless compatibility remains a complex undertaking. Despite progress in AI capabilities, inherent complexities and variability in natural systems limit the precision of AI models in predicting environmental phenomena.
Regional Trends:
North America is expected to capture a substantial revenue share in the AI for environmental sustainability market and is projected to experience a robust compound annual growth rate (CAGR) in the coming years. This growth is driven by the presence of leading market participants, continuous technological innovation, and the introduction of novel AI-based solutions. Europe maintains a strong market position, underpinned by a solid economic framework and growing adoption of AI-enabled environmental applications. Supportive policies, such as Horizon Europe and the European Green Deal, actively promote the deployment of AI to advance sustainability and climate objectives. Additionally, numerous European corporations are incorporating AI into their sustainability strategies to fulfill corporate social responsibility (CSR) commitments, reduce carbon emissions, and adhere to environmental regulations.
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Recent Developments:
• In July 2024, Product Footprinting, a new AI-powered technology designed to help businesses calculate carbon emissions for products and lessen environmental effects, was introduced by the sustainability platform CO2 AI. Leveraging artificial intelligence, Paris-based CO2 AI offers solutions designed to assist large and complex companies in measuring impact and identifying levers to decrease impact at scale. The company cites a study by CO2 AI and BCG that shows only 38% of businesses obtain sufficient product-level data from suppliers, and claims that the new solution addresses the requirement for more precise and quick product carbon footprinting.
Segmentation of AI in Environmental Sustainability Market
AI in Environmental Sustainability Market- By Type
• Machine Learning
• Natural Language Processing (NLP)
• Computer Vision
• Deep Learning,
• Expert Systems
• Robotics and Automation
AI in Environmental Sustainability Market- By Application
• Climate Change Mitigation
• Renewable Energy Optimization
• Environmental Monitoring and Assessment
• Waste Management and Recycling
• Emission Reduction and Control
• Conservation and Biodiversity
• Smart Agriculture and Precision Farming
• Water Management and Conservation
• Sustainable Urban Planning
• Green Building and Energy Efficiency
AI in Environmental Sustainability Market- By End-Use Industry
• Energy and Utilities
• Agriculture
• Transportation and Logistics
• Manufacturing
• Healthcare and Lifesciences
• Government and Public Sector
• Retail and Consumer Goods
• Education and Research
• Others
AI in Environmental Sustainability Market- By Region
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• South East Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of Middle East and Africa
Read Overview Report- https://www.insightaceanalytic.com/report/ai-in-environmental-sustainability-market/2753
About Us:
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.
Contact us:
InsightAce Analytic Pvt. Ltd.
Visit: www.insightaceanalytic.com
Tel : +1 551 226 6109
Asia: +91 79 72967118
info@insightaceanalytic.com
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