Green Technology and Sustainability Market Size, Growth Drivers, Opportunities & Forecast Till 2027

Shivamwm12 Jan, 2023News

According to a research report ?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? published by MarketsandMarkets, 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. Modernizing IT and telecom infrastructure for low carbon emissions will provide huge opportunities in the market. Moreover, the growing use of RFID sensors across industries and increasing consumer and industrial interest in using clean energy resources to conserve the environment are driving the adoption of green technology and sustainability solutions and services in the market.