Green Technology and Sustainability Global Market Report 2022: Adoption of Advanced Technologies, Such as AI, IoT, and Big Data, Across Industries Presents Opportunities – Yahoo Finance
Global Green Technology & Sustainability Market
Dublin, Dec. 02, 2022 (GLOBE NEWSWIRE) — The “Green Technology and Sustainability Market by Technology (IoT, AI & Analytics, Digital Twin, Cloud Computing), Application (Green Building, Carbon Footprint Management, Weather Monitoring & Forecasting), Component and Region – Global Forecast to 2027” report has been added to ResearchAndMarkets.com’s offering.
The global Green Technology and Sustainability market is expected to grow from USD 17.8 billion in 2022 to USD 60.7 billion by 2027 at a Compound Annual Growth Rate (CAGR) of 27.8% during the forecast period. The rising consumer and industrial interest in using clean energy resources to conserve the environment are the key factors projected to drive the adoption of green technology and sustainability solutions and services across the globe. The objective of the report is to define, describe, and forecast the green technology and sustainability market size based on Component, Organization Size, Deployment mode technology, application, vertical, and region.
The services segment is expected to grow at the highest CAGR during the forecast period
The component segment comprises solutions and services. The services segment has been further divided into professional services and managed services. These services play a vital role in functioning green technology and sustainability solutions. The services segment is broadly segmented into consulting, integration and deployment, support, and maintenance services. The vendors require technical support services and consulting services to manage the deployment of such solutions. The services ensure faster and smoother implementation, which helps to optimize all kinds of operations. These services are integral in deploying technology solutions and are taken care of by solution and service providers.
The AI and analytics segment is expected to grow at the highest CAGR during the forecast period
The green technology and sustainability market by technology has been segmented into IoT, AI and analytics, digital twin, cloud computing, security, and blockchain. The cloud computing technology segment is expected to have the largest market size during the forecast period. AI and analytics find use cases in all industries, such as manufacturing, automotive, healthcare, and agriculture. Several companies are leveraging these technologies to reduce their emissions and make better data-driven models of environmental processes to improve their ability to study current and future trends, including water availability, ecosystems wellbeing, and pollution.
The crop monitoring segment is expected to grow at the highest CAGR during the forecast period.
The green technology and sustainability market by applications has been segmented into carbon footprint management, green building, water purification, water leak detection, fire detection, soil condition/moisture monitoring, crop monitoring, forest monitoring, weather monitoring and forecasting, air and water pollution monitoring, and sustainable mining and exploration. The agriculture sector is increasingly looking at leveraging technology for better crop yield. The agriculture sector implements innovative technologies, such as AI, digital twin, and IoT. Companies are using sensors and various IoT-based technologies to monitor crop and soil health. Various AI and ML tools are being used to predict the optimal time to sow seeds and get alerts on risks from pest attacks. Farmers are quickly adopting high-tech ways of protecting plants against weeds and various kinds of outdoor pests.
Market Dynamics
Driver
Growing Awareness and Concern Towards the Environment
Increasing Consumer and Industrial Interest for Use of Clean Energy Resources to Conserve Environment
Restraints
High Costs for the Deployment of Green Technology and Sustainability Solutions
Opportunities
Rising Initiatives to Tackle Climate Change and Air Pollution
Adoption of Advanced Technologies, Such as AI, IoT, and Big Data, Across Industries
Challenges
Lack of Tailored Solutions to Address Unique Environmental Solutions
Report Attribute
Details
No. of Pages
282
Forecast Period
2022 – 2027
Estimated Market Value (USD) in 2022
$17.8 billion
Forecasted Market Value (USD) by 2027
$60.7 billion
Compound Annual Growth Rate
27.8%
Regions Covered
Global
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview and Industry Trends
6 Green Technology and Sustainability Market, by Component
7 Green Technology and Sustainability Market , by Application
8 Green Technology and Sustainability Market , by Technology
9 Green Technology and Sustainability Market , by Organization Size
10 Green Technology and Sustainability Market , by Deployment Mode
11 Green Technology and Sustainability Market, by Vertical
12 Green Technology and Sustainability Market, by Region
13 Competitive Landscape
14 Company Profiles
15 Adjacent Market
16 Appendix
Companies Mentioned
Accuvio
Consensys
Cority
Cropx
Ecocart
Ecotrack
Enablon
Engie Impact
Envirosoft
GE
Hortau
Ibm
Intelex
IoT Solutions and Consulting
Isometrix
Lo3 Energy
Microsoft
Minesenses Technologies
Oizam
Processmap
Pycno
Salesforce
Schneider Electric
SensUS
Smap Energy
Taranis
Trace Genomics
Treevia
Wint
For more information about this report visit https://www.researchandmarkets.com/r/fk9qyr
Attachment
Global Green Technology & Sustainability Market
The United Nations food agency's world price index fell marginally in November, marking an eighth straight monthly fall since a record high in March after Russia's invasion of Ukraine. The Food and Agriculture Organization's (FAO) price index, which tracks the most globally traded food commodities, averaged 135.7 points last month, down from 135.9 for October, the agency said on Friday. The October figure was unchanged from the FAO's previous estimate.
The Phoenix-based zero-emissions vehicle maker submitted an application for a loan guarantee under the Innovative Clean Energy projects program with the U.S. Department of Energy Loan Program Office in May. Here's how the
Burned by Covid-19 lockdowns and worker protests at Foxconn plants, the iPhone maker is looking to diversify the supply chain that has powered its growth.
The EU’s new rule would set Russian oil at $60 a barrel.
Whether the world’s biggest crude exporter succeeds in skirting new harsh sanctions starting Monday depends on a non-Western aligned fleet.
(Bloomberg) — Analysts and investors are struggling to call a bottom in crypto stocks in the wake of a brutal month that ended with the head of BlackRock Inc. saying most digital-asset firms won’t survive. Most Read from BloombergMusk’s Neuralink Hopes to Implant Computer in Human Brain in Six MonthsLarry Summers Says Fed Will Need to Boost Rates More Than Markets ExpectWhy Blackstone’s $69 Billion Property Fund Is Signaling Pain Ahead for Real Estate IndustryGoldman Jolts Traders With Bonus Wa
Power Metals Corp. ("Power Metals" or the "Company") (TSXV: PWM) (FRANKFURT: OAA1) (OTCQB: PWRMF) is pleased to announce that Winsome Resource Limited (ASX: WR1) ("Winsome") has agreed to acquire shares in TSX-V listed Power Metals Corp. that are currently owned by Hong Kong-based Sinomine Rare Metals Resources Co Ltd ("Sinomine").
The average cost of fuel in the U.S. has fallen more than 30% from a record, with seven states below $3 a gallon.
The Tesla CEO unveiled the production version of the EV-maker’s long awaited Tesla Semi, an all-electric class 8 commercial semi truck.
AccuWeather forecasters are monitoring the weather pattern, which has the potential to turn quite wintry by the middle of December. A pair of storms will slide across the Midwest to the Northeast next week, and the second of the duo will be accompanied by much colder air and has the potential to bring snow. Cold air will take root over a portion of the North Central states this weekend in the wake of light to moderate snow in the region. The cold air will not advance much to the south and east u
But the bust firm’s co-founders still aren’t cooperating, a Friday document shows.
Lemonade (NYSE: LMND) stock has fallen a lot this year. Despite the increased risks and lower stock price, Zane Fracek believes that it could be a winner over the long term. Connor discusses the other side with his bearish thesis for the company.
A U.S. judge on Friday dismissed an indictment against Meng Wanzhou, the chief financial officer of Huawei Technologies Co, formally ending a criminal sanctions case that strained U.S.-China relations. Meng, whose father Ren Zhengfei founded Huawei and is the telecommunications company's chief executive, entered an agreement with U.S. prosecutors last year for the case to be dismissed four years after her December 2018 arrest. Prosecutors accused Meng of bank fraud and other crimes for misleading HSBC Holdings Plc and other banks about Huawei's relationship with a company that operated in Iran.
CHICAGO (Reuters) -Delta Air Lines has offered a 34% cumulative pay increase to its pilots over three years in a new contract, demonstrating the bargaining power aviators are enjoying in a short-staffed industry with booming travel demand. If the deal is approved by Delta pilots, it is widely expected to act as a benchmark for contract negotiations at rivals United Airlines and American Airlines. Delta pilots will get a raise of at least 18% raise on the date the contract is signed, another 5% after one year, 4% after two years and 4% after three years, according to a draft contract seen by Reuters.
City Voices: Why we are running out of gas
The Tesla semi truck might not be the new vehicle investors are most focused on. Tesla (ticker: TSLA) held an event in Nevada Thursday evening to celebrate the delivery of its first semi trucks to PepsiCo (PEP). Semi trucks account for only about 1% of the total vehicle population in the U.S. It doesn’t seem as large or as lucrative as the passenger vehicle market, but the heavy duty truck market has an outsized impact on climate change.
An advertising slowdown, economic worries and strains of the shift to streaming have many major media companies in cost-cutting mode.
Delta Air Lines is looking to avoid a potential strike by its pilots by offering them a new contract that includes a 34% pay increase over three years.
Marathon Oil (MRO) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Underneath the lush countryside in eastern France lie the pipelines expected to rescue Europe before a winter without Russian gas.