Green Technology and Sustainability Market (By Type: Artificial Intelligence and Analytics, Internet of Things, Cloud Computing, Blockchain, Digital Twin, Cyber Security; By Application: Carbon Footprint Management, Green Building, Forest Monitoring, Weather Monitoring and Forecasting, Air and Water Pollution Monitoring, Crop Monitoring, Water Purification, Soil Condition/Moisture Monitoring, Others) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2020 – 2027

The global green technology and sustainability market value is expected to reach of around US$ 43 Bn by 2027 and is anticipated to grow at a CAGR of around 25% in terms of revenue during the forecast period 2020 – 2027.

A collection of products, processes, technologies and activities that are created and used to protect natural resources is achieved by green technology and sustainability. Sustainability is regarded as a means of addressing environmental problems and promoting economic and social growth. Green technologies and sustainability are the continuous advancement without impeding the climate or human health of the clean energy industry. Solar panels are an important example of the renewable technology market. These panels replicate carbon-free energy sources and deliver consumer benefits in the long run.

The report provides analysis of global Green Technology and Sustainability market for the period 2016-2027, wherein 2020 to 2027 is the forecast period and 2018 is considered as the base year.

Market Insights

The fast introduction of building automation systems is a key driver for growth of the green technology and sustainability industry. These systems allow users to monitor building’s energy usage in today's periods of high power costs and raising their energy use. In recent years, a range of criteria have been issued globally for buildings to be accredited as 'green.' Green building automation is required for a reduction in power usage and waste to be approved according to these requirements. Moreover, green technology such as the collection of building materials and specific electrical equipment are used every time the infrastructure is constructed.

Regional Stance

The overall share of green technologies and sustainability in 2019 was dominated by North America and is expected to remain dominant region amid the projected timeframe. As developed countries continue to invest through manufacturing and economic development in long-term technical advancement, new technologies are being employed to promote sustainable infrastructure development without harming the ecosystem. In addition, the growth rate for Asia-Pacific is expected to be the most strong due to such factors as favorable policy policies for green technology adoption and the implementation of border technologies for fostering new sources of economic and employment, encouraging systemic change, and making new opportunities and markets available.

Europe is projected to be the second largest market in the forecast timeframe, and companies attract investments for the development of green technology solutions for different applications in the agriculture, environment, transport and energy sectors.

Report coverage

The market research study on “Green Technology and Sustainability Market (By Type: Artificial Intelligence and Analytics, Internet of Things, Cloud Computing, Blockchain, Digital Twin, Cyber Security, Green Technology and Sustainability Market By Application: Carbon Footprint Management, Green Building, Forest Monitoring, Weather Monitoring and Forecasting, Air and Water Pollution Monitoring, Crop Monitoring, Water Purification, Soil Condition/Moisture Monitoring, Others) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2020 - 2027) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2020 - 2027” offers a detailed insights on the global Green Technology and Sustainability market entailing insights on its different market segments. Market dynamics with drivers, restraints and opportunities with their impact are provided in the report. The report also provides competitive landscape to understand the current stance of particular player. The report provides insights on global Green Technology and Sustainability market, its technology, mounting, connectivity, end use, and major geographic regions. The report covers global Green Technology and Sustainability market size, and segment markets by type, application, and geography along with the information on companies operating in the market. The Green Technology and Sustainability market analysis is provided for major regional markets including North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. For each region, the market size for different segments has been covered under the scope of report.

The global Green Technology and Sustainability market is segmented as below:

Market Segmentation

Green Technology and Sustainability Market By Type

• Artificial Intelligence and Analytics
• Internet of Things
• Cloud Computing
• Blockchain
• Digital Twin
• Cyber Security

Green Technology and Sustainability Market By Application

• Carbon Footprint Management
• Green Building
• Forest Monitoring
• Weather Monitoring and Forecasting
• Air and Water Pollution Monitoring
• Crop Monitoring
• Water Purification
• Soil Condition/Moisture Monitoring
• Others

Green Technology and Sustainability Market By Geography

North America

• U.S.
• Canada

Europe

• UK
• Germany
• France
• Spain
• Rest of Europe

Asia-Pacific

• China
• Japan
• India
• Australia
• South Korea
• Rest of Asia-Pacific

Latin America

• Mexico
• Brazil
• Rest of Latin America

Middle East & Africa

• GCC
• South Africa
• Rest of MEA

Key Players

Major players include in this report are IBM Corporation, Enablon France SA, CropX Inc.,  Enviance Inc., Hortau Inc., LO3 Energy, Inc., Oracle Corporation, General Electric, and Others.