Green Technology and Sustainability Market Future Growth, Drivers, Restraints, Merger, Acquisition, PESTELE Analysis and Business Opportunities by 2028
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.
Rising awareness among consumers regarding environmental degradation and global warming is a key factor driving deployment of green technology and buildings
The Global Green Technology and Sustainability Market Research Report 2020 offers an extensive evaluation of the industry to present the readers with insightful data to help them gain a competitive edge over other players by capitalizing on the lucrative growth opportunities and understanding the critical elements of the market.
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The report emphasizes the demands and trends for the Green Technology and Sustainability market in the global market, more importantly, in the market that is spread across the major regions of the country. The Green Technology and Sustainability market is further segmented on the basis of product types offered in the market, application spectrum, leading manufacturers/companies, and key geographical regions.
Major Geographies Analyzed in the Report:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia-Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
The Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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The report further sheds light on strategic initiatives and business expansion plans undertaken by the key companies operating in the Green Technology and Sustainability industry. The report assesses the strategies such as mergers and acquisitions, government and corporate deals, partnerships and collaborations, joint ventures, brand promotions, and product launches, among others.
Key players in the market include General Electric, IBM, Enablon, Salesforce, Microsoft Corporation, Schneider Electric, ENGIE Impact, Intelex Technologies Inc., Cority Software Inc., and Sensus.
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.
To conclude everything stated above, the report offers a panoramic view of the Green Technology and Sustainability market in both the global and regional markets, supported by key statistical data and industry-verified facts. It offers a thorough examination of the size, share, and market volume of the Green Technology and Sustainability industry to forecast the same evaluations until 2028.
Significant Features of the Green Technology and Sustainability Market Report:
- Extensive competitive landscape analysis to offer the readers key insights into driving and restraining factors along with strategies adopted by the key players
- Assessment of the existing and emerging trends of the business sphere
- Detailed analysis of the emerging growth opportunities and threats and limitations the players might face in the coming years
- Significant breakdown of the market to assess the factors that might influence the global market growth
The Green Technology and Sustainability report further analyses the companies in detail to offer a comprehensive overview of the market share and size they hold in the business sphere. The Green Technology and Sustainability market size estimation and forecasts detailed in this report are based on a thorough research methodology and are tailored according to the different conditions that create the demand for the global market.
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
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