Green Technology and Sustainability Market Detailed Study Mentioning Positive Growth | Players – Salesforce, Microsoft Corporation, Schneider Electric, etc
The global green technology and sustainability market size is expected to reach USD 68.22 Billion in 2028 and register a steady CAGR over the forecast period, according to latest analysis by Emergen Research. Steady market revenue growth can be attributed to rising awareness among consumers regrading environmental degradation and global warming. Increasing dependence on non-renewable energy technologies and excessive usage of fossil fuels have generated excessive carbon emissions and resulted in global warming.
Utilization of Artificial Intelligence (AI) in the energy sector can enhance predictability of demand and supply for renewables across a distributed grid, assist in integration and reliability of renewables, improve energy storage, efficiency, and load management, and enable dynamic pricing and trading, which create market incentives. AI-guided autonomous vehicles have the ability to minimize greenhouse gas emissions through route and traffic optimization, eco-driving algorithms, and autonomous ride-sharing services.
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Some Key Highlights From the Report
- Emrgy Inc. signed an agreement with GE Renewable Energy about Micro Hydrokinetic technology. Emrgy Inc., which is a tech innovator, whose modular turbines harness the power of water as a clean and distributed energy resource. Through this partnership, hydropower turbines of Emrgy would be provided by GE Renewable Energy.
- Internet of Things (IoT) segment accounted for largest revenue share in 2020. Companies across different verticals are increasingly adopting IoT-based energy solutions to minimize their carbon footprint and cut down energy bills.
- Green building segment revenue is expected to expand at a rapid CAGR during the forecast period. Growing trend towards green buildings to reduce carbon emissions and minimize energy bills is expected to further drive revenue growth of the green technology and sustainability market during the forecast period.
Cue Members Interested In Green Technology and Sustainability Market Industry:
The Green Technology and Sustainability Market report also includes a list of the leading players in the market and expounds on their action plans for drawing higher revenues. The leading market players profiled in the report include General Electric, IBM, Enablon, Salesforce, Microsoft Corporation, Schneider Electric, ENGIE Impact, Intelex Technologies Inc., Cority Software Inc., and Sensus. Furthermore, a detailed account of the key industry developments, viable market insights, and current market trends is also available in this report.
With a major focus on the growth trajectories of each segment of the market, the report inspects the operating patterns of each market contender, for instance, partnerships & collaborations, mergers & acquisitions, and new product launches, in a detailed manner. Alongside describing the vast competitive landscape of the Green Technology and Sustainability Market market, the report estimates the CAGR for the market during the projected timeframe.
Geographical Terrain of the Global Green Technology and Sustainability Market Market:
- North America
- Europe Asia Pacific
- Latin America
- Middle East & Africa
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The report highlights the robust growth trajectory of the global Green Technology and Sustainability Market market, shedding light on significant market development. At the same time, the document offers detailed insights into the pertinent industries, business organizations, and various local and international manufacturers and vendors.
The Green Technology and Sustainability Market market intelligence report talks about the market size, share, value, and production cost analysis over the forecast period 2020-2027. In addition, downstream demand analysis, upstream raw materials, consumption volume, and the market share of all the segments and sub-segments have also been discussed at length in the latest report. According to our analysts, the research methodology of the Green Technology and Sustainability Market market is based on both primary and secondary research data sources.
Emergen Research has segmented the global green technology and sustainability market on the basis of technology, application, and region:
- Technology Outlook (Revenue, USD Billion; 2018–2028)
- Cloud Computing
- Internet of Things (IoT)
- Digital Twin
- Artificial Intelligence & Analytics
- Application Outlook (Revenue, USD Billion; 2018–2028)
- Green building
- Crop Monitoring
- Carbon footprint management
- Forest Monitoring
- Air and Water Pollution
- Soil Condition/Moisture Monitoring
- Water Purification
- Weather monitoring and forecasting
Alongside offering an in-depth analysis of the recent events that took place in the Green Technology and Sustainability Market industry, such as technological upgradation and new product launches, the report lays stress on the consequences of these events on the market.
Reasons to choose Emergen Research
Regional Demand Forecasts and Forecasts
Product price volatility
Technology update analysis
Location index analysis
Raw material procurement strategy
Product composition matrix
Supply chain optimization analysis
The report focuses on the global Green Technology and Sustainability Market market definition, market overview, product scope, description, characterization, and specification. The overall information offered by the report is based on thorough research on the latest market trends, development plans, growth patterns, and regulatory policies.
TOC OF Green Technology and Sustainability Market Industry
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