Green Technology and Sustainability Market | Exactitude Consultancy Reports

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The global green technology and sustainability market size is projected to reach USD 99.60 billion by 2029, at a CAGR of 28.2% during the forecast period.

Eco-friendly goods that promote economic and social sustainability are included in green technologies. It is commonly referred to as “clean technology production” since the energy is generated using a natural alternative fuel that is less damaging to the environment than fossil fuels. Green technology’s main purposes also comprise preserving the environment and repairing any harm previously done to it. Additionally, a number of governments around the world are making significant investments in green technology in an effort to protect the environment and preserve nature, which is fostering the market’s expansion.

Segment Analysis
The global green technology and sustainability market is segmented into of technology, application, component and region. By technology, the market is separated into Internet of Things (IoT), cloud computing, artificial intelligence & analytics, digital twin, cybersecurity, and blockchain. The green technology and sustainability market was run by the Internet of Thing (IoT). The main factor that drives the growth of IoT technology segment is advent of green networks in IoT connectivity, which has donated to control pollution & emission, reduce exploitation of environmental conservation & surveillance, and minimizing operational costs & power consumption.

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