Authored By: Sarah
17 Jul 2023

Green Technology and Sustainability Market to Grow USD 26.10 bn through 2022-2026  

The green technology and sustainability market is all set to become a billion-dollar industry with a forecast revenue growth of USD 26.10 billion. It is estimated the market will continue to grow at a CAGR of 23.8% between 2021 and 2026. The green technology and sustainability market is all set to become a billion-dollar industry with a forecast revenue growth of USD 26.10 billion. It is estimated the market will continue to grow at a CAGR of 23.8% between 2021 and 2026.

Green technology and sustainability are a process that is used to conserve natural resources and the environment; the goal of green technology and sustainability is to provide renewable energy that does not harm human health or the environment to ensure a healthy environment for future generations. 

Navigating through the market drivers  it has been observed the determinants comprise 

  • The growth in the use of RFID sensors across industries is driven by environmental concerns. increasing environmental awareness, growing concerns, and a rising interest in both consumers and industries to utilize clean energy resources have boosted market advancements.
  • Technologies like RFID, sensor networks, biometrics, and nanotechnologies are driving the expansion of IoT, enabling applications such as smart grids, eHealth, and intelligent transportation which helps in the smooth transition of autonomous task completion and necessitates new forms of energy-efficient communication.

For example, in agriculture, smart sensors collect data on weather conditions, soil quality, and crop growth, allowing for employee performance monitoring and equipment efficiency.

Our report captures the growth trajectory of the market and is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking. Get a comprehensive report summary describing the market landscape in our data-backed report 

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Green Technology and Sustainability Market at a Glance


Fastest-growing region: When it comes to the fastest-growing geography 31% of the market's growth will originate from North America. The rising consumer and industrial interest in the use of clean energy resources and the rising environmental consciousness will facilitate green technology and sustainability market growth.

Market Leaders of the Green Technology and Sustainability Market: AAA Taranis Visual Ltd., ConsenSys Software Inc., Cority Software Inc., CropX Inc., Digi International Inc., ENGIE SA, Fortive Corp., General Electric Co., Hortau Inc., International Business Machines Corp., LO3 Energy Inc., Microsoft Corp., Oracle Corp., Salesforce.com Inc., Schneider Electric SE, SMAP Energy Ltd., Tech Mahindra Ltd., Trace Genomics Inc., Wolters Kluwer NV, and Xylem Inc are some of the prominent names worth mentioning. Our report includes qualitative and quantitative analyses of vendors with a wider understanding of the business ecosystem. Download a copy of our sample report today.

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