Exponential Growth in Green Technology and Sustainability Market: Influenced by a 24.4% CAGR, Market Drivers and Embracing Trends 

​01-20-2025 08:26 AM CET | IT, New Media & SoftwareGreen Technology and Sustainability MarketThe green technology and sustainability market has experienced unprecedented growth due to increasing concern towards environmental sustainability and the adoption of innovative technologies.What Is The Projected Market Size Of The Global Green Technology and Sustainability Market And Its Growth Rate?
• The market was valued at $18.81 billion in 2024 and is estimated to grow to $23.41 billion in 2025, exhibiting a CAGR of 24.4%.
• The growth in the historic period can predominantly be attributed to investments and funding, renewable energy expansion, corporate sustainability initiatives, waste management solutions, energy efficiency programs, urbanization, and sustainable infrastructure.
• By 2029, the market is set to soar to $55.06 billion with a CAGR of 23.8%.
• The growth in the forecast period will be triggered by consumer demand for sustainability, energy efficiency improvements, circular economy adoption, corporate sustainability commitments, and climate change concerns.What Is Driving The Growth In The Green Technology and Sustainability Market?
The surging fuel prices and intensifying pollution levels are the major forces driving the green technology and sustainability market. The surge in prices refers to the upswing in global gasoline prices. Pollution, largely caused by human activities such as fossil fuel use in industry, transport and agriculture inputs, is leading to a greater demand for green technology and sustainability solutions. Examples of these include solar panels, wind turbines, and geothermal wells. For instance, according to The Environmental Protection Agency, in 2022, U.S. greenhouse gas emissions rose by 0.2% compared to 2021, totaling 6,343.2 million metric tons of CO2 equivalent. Thus, it is clear that the mounting fuel prices and escalating pollution levels will continue to spur the green technology and sustainability market.Request A Free Sample Copy:
https://www.thebusinessresearchcompany.com/sample.aspx?id=8611&type=smpWho Are the Key Players Driving Green Technology and Sustainability Market Growth?
• General Electric Company
• Intelex Technologies Inc.
• Microsoft Corporation
• ConsenSys
• Salesforce.com Inc.
• Schneider Electric SE
• Trace Genomics
• ENGIE Insight Services Inc.
• LO3 Energy
• Enablon
• MineSense Technologies Ltd.
• Enviance
• IsoMetrix Software
• Oracle Corporation
• Tech Mahindra Ltd.
• International Business Machines Corporation
• Sunnova Energy International Inc.
• SunPower Corporation
• Siemens Gamesa Renewable Energy SA
• SolarEdge Technologies Inc.
• Brookfield Renewable Partners LP
• Autodesk Inc.
• Evoqua Water Technologies Corp.
• Bloom Energy Corporation
• Burcon NutraScienc