Lucintel Forecasts Green Technology and Sustainability Market to Reach $47.8 Billion by 2028

According to the recent study the green technology and sustainability market is projected to reach an estimated $47.8 billion by 2028 from $17.8 billion in 2023, at a CAGR of 21.9% from 2023 to 2028. Growth in this market is primarily8 driven by growing environmental awareness and concern towards global warming and increasing acceptance of advanced technologies.

A more than 150–page report is developed to understand trends, opportunities and forecast in green technology and sustainability market by component (solution, services, consulting, integration and deployment, and Others), technology (IoT, AI and analytics, digital twin, cloud computing, and Others), application (carbon footprint management, green building, water purification, and Others), vertical (energy and utilities, travel and transportation, industrial manufacturing, chemicals, and Others), and region.

Download sample report by clicking on below link

https://www.lucintel.com/green-technology-and-sustainability-market.aspx

“Solution market is expected to remain the largest segment during the forecast period.”

Based on component, the green technology and sustainability market is segmented into solution, services, consulting, integration and deployment, and Others. Lucintel forecasts that the solution market is expected to remain the largest segment due to on-going technological advancements and adoption of novel technologies across the globe.

“Within the green technology and sustainability market, the green building segment is expected to remain the largest application.”

Based on application the green building segment is expected to witness the highest growth over the forecast period due to due to its increasing usage to monitor residential buildings.

“North America will dominate the green technology and sustainability market in near future.”

North America will remain the largest region due to presence of green technology and sustainability vendors who are focusing on R&D and integration of advanced technologies to serve the challenge of climate change and the increasing levels of emissions, pollution, and waste.

Download Brochure of this report by clicking on https://www.lucintel.com/green-technology-and-sustainability-market.aspx.

Major players of green technology and sustainability market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. GE, IBM, Enablon, Salesforce, Microsoft, Engie Impact, Intelex, Enviance, Sensus, LO3 Energy, Isometrix, and ConsenSys are among the major green technology and sustainability providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/green-technology-and-sustainability-market.aspx or helpdesk@lucintel.com.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056

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