Global Green Technology & Sustainability Market Size study, by Component, by Technology (IoT, Digital Twin, Cloud Computing, Blockchain), by Application, and Regional Forecasts 2022-2032

Description

Global Green Technology & Sustainability Market is valued approximately at USD 18.77 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 23.10% over the forecast period 2024-2032. As environmental concerns climb the global agenda and industries grapple with mounting carbon footprints, the integration of green technology has become a strategic imperative rather than a mere option. Combining energy efficiency, renewable resource utilization, and sustainable production practices, the green technology ecosystem is revolutionizing how businesses, governments, and societies approach long-term environmental stewardship. Whether through smart infrastructure or eco-centric analytics, sustainability is being hardwired into the digital transformation roadmap of enterprises across sectors.

The market is being catapulted forward by breakthroughs in connected technologies such as IoT, cloud computing, and blockchain, which are facilitating transparent tracking, smart energy management, and secure sustainability data exchange. The digital twin technology is also being rapidly adopted, enabling real-time simulations of complex energy systems to optimize performance and reduce environmental impact. From emissions monitoring to predictive maintenance in renewables and smart grids, green tech solutions are attracting massive investments globally. Additionally, policy incentives like net-zero commitments and green financing mechanisms are accelerating adoption across utility-scale and enterprise-level initiatives.

Despite its promising trajectory, the green technology market contends with significant barriers. High upfront investment costs, especially for small and medium enterprises, and a shortage of skilled professionals in green software and system integration remain pressing hurdles. Furthermore, the interoperability of green platforms and the lack of unified regulatory standards across borders add layers of complexity. However, ongoing advancements in open-source sustainability frameworks, coupled with strategic alliances between tech giants and energy innovators, are steadily addressing these bottlenecks while creating a more inclusive and adaptive ecosystem.

Regionally, North America holds the largest market share, underpinned by government sustainability mandates, proactive corporate ESG strategies, and a matured tech landscape supporting innovation. Europe follows closely with a strong policy-driven approach championed by the EU Green Deal and widespread adoption in manufacturing, transportation, and energy sectors. The Asia Pacific region is projected to grow at the highest CAGR through 2032, with countries like China, Japan, and India deploying large-scale renewable energy projects, climate adaptation technologies, and green infrastructure developments. Latin America and the Middle East & Africa are also emerging as fertile grounds for sustainable investments, supported by international funding and digitization efforts.

Major market player included in this report are:

General Electric Company
Schneider Electric SE
Enablon (Wolters Kluwer)
Salesforce, Inc.
Microsoft Corporation
IBM Corporation
Engie Impact
Enviance Inc.
Isometrix
Taranis
Trace Genomics
CropX Technologies
Lo3 Energy
Sensus USA Inc. (Xylem)
Intelex Technologies ULC

The detailed segments and sub-segment of the market are explained below:

By Component

Solutions
Services

By Technology

Internet of Things (IoT)
Digital Twin
Cloud Computing
Blockchain

By Application

Green Building
Carbon Footprint Management
Weather Monitoring and Forecasting
Air and Water Pollution Monitoring
Forest and Crop Monitoring
Others

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
RoMEA

Years considered for the study are as follows:

Historical year - 2022
Base year - 2023
Forecast period - 2024 to 2032

Key Takeaways:

Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market.

Chapter 1. Global Green Technology & Sustainability Market Executive Summary

1.1 Global Green Technology & Sustainability Market Size & Forecast (2022-2032)
1.2 Regional Summary
1.3 Segmental Summary
- 1.3.1 By Component
- 1.3.2 By Technology
- 1.3.3 By Application
1.4 Key Trends
1.5 Recession Impact
1.6 Analyst Recommendation & Conclusion

Chapter 2. Global Green Technology & Sustainability Market Definition and Research Assumptions

2.1 Research Objective
2.2 Market Definition
2.3 Research Assumptions
- 2.3.1 Inclusion & Exclusion
- 2.3.2 Limitations
- 2.3.3 Supply Side Analysis
  - 2.3.3.1 Availability
  - 2.3.3.2 Infrastructure
  - 2.3.3.3 Regulatory Environment
  - 2.3.3.4 Market Competition
  - 2.3.3.5 Economic Viability (Consumer's Perspective)
- 2.3.4 Demand Side Analysis
  - 2.3.4.1 Regulatory Frameworks
  - 2.3.4.2 Technological Advancements
  - 2.3.4.3 Environmental Considerations
  - 2.3.4.4 Consumer Awareness & Acceptance
2.4 Estimation Methodology
2.5 Years Considered for the Study
2.6 Currency Conversion Rates

Chapter 3. Global Green Technology & Sustainability Market Dynamics

3.1 Market Drivers
- 3.1.1 Rising Environmental Concerns and Corporate ESG Mandates
- 3.1.2 Policy Incentives, Net-Zero Commitments & Green Financing
- 3.1.3 Breakthroughs in IoT, Cloud, Digital Twin & Blockchain Technologies
3.2 Market Challenges
- 3.2.1 High Upfront Investment Costs for SMEs
- 3.2.2 Shortage of Skilled Professionals in Green Tech Integration
- 3.2.3 Interoperability Issues & Lack of Unified Regulatory Standards
3.3 Market Opportunities
- 3.3.1 Growth of Open-Source Sustainability Frameworks
- 3.3.2 Strategic Alliances between Tech Giants and Energy Innovators
- 3.3.3 Rapid Adoption in Emerging APAC, LATAM and MEA Markets

Chapter 4. Global Green Technology & Sustainability Market Industry Analysis

4.1 Porter's Five Forces Model
- 4.1.1 Bargaining Power of Suppliers
- 4.1.2 Bargaining Power of Buyers
- 4.1.3 Threat of New Entrants
- 4.1.4 Threat of Substitutes
- 4.1.5 Competitive Rivalry
- 4.1.6 Futuristic Approach to Porter's Model
- 4.1.7 Porter's Five Forces Impact Analysis
4.2 PESTEL Analysis
- 4.2.1 Political
- 4.2.2 Economic
- 4.2.3 Social
- 4.2.4 Technological
- 4.2.5 Environmental
- 4.2.6 Legal
4.3 Top Investment Opportunities
4.4 Top Winning Strategies
4.5 Disruptive Trends
4.6 Industry Expert Perspectives
4.7 Analyst Recommendation & Conclusion

Chapter 5. Global Green Technology & Sustainability Market Size & Forecasts by Component, 2022-2032

5.1 Segment Dashboard
5.2 Solutions Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
5.3 Services Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)

Chapter 6. Global Green Technology & Sustainability Market Size & Forecasts by Technology, 2022-2032

6.1 Segment Dashboard
6.2 Internet of Things (IoT) Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
6.3 Digital Twin Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
6.4 Cloud Computing Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
6.5 Blockchain Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)

Chapter 7. Global Green Technology & Sustainability Market Size & Forecasts by Application, 2022-2032

7.1 Segment Dashboard
7.2 Green Building
7.3 Carbon Footprint Management
7.4 Weather Monitoring and Forecasting
7.5 Air and Water Pollution Monitoring
7.6 Forest and Crop Monitoring
7.7 Others

Chapter 8. Global Green Technology & Sustainability Market Size & Forecasts by Region, 2022-2032

8.1 North America
- 8.1.1 U.S.
  - 8.1.1.1 By Component, 2022-2032
  - 8.1.1.2 By Technology, 2022-2032
  - 8.1.1.3 By Application, 2022-2032
- 8.1.2 Canada
8.2 Europe
- 8.2.1 UK
- 8.2.2 Germany
- 8.2.3 France
- 8.2.4 Spain
- 8.2.5 Italy
- 8.2.6 Rest of Europe
8.3 Asia Pacific
- 8.3.1 China
- 8.3.2 India
- 8.3.3 Japan
- 8.3.4 Australia
- 8.3.5 South Korea
- 8.3.6 Rest of Asia Pacific
8.4 Latin America
- 8.4.1 Brazil
- 8.4.2 Mexico
8.5 Middle East & Africa
- 8.5.1 Saudi Arabia
- 8.5.2 South Africa
- 8.5.3 Rest of MEA

Chapter 9. Competitive Intelligence

9.1 Key Company SWOT Analysis
- 9.1.1 General Electric Company
- 9.1.2 Schneider Electric SE
- 9.1.3 Enablon (Wolters Kluwer)
9.2 Top Market Strategies
9.3 Company Profiles
- 9.3.1 General Electric Company
  - 9.3.1.1 Key Information
  - 9.3.1.2 Overview
  - 9.3.1.3 Financial (Subject to Data Availability)
  - 9.3.1.4 Product Summary
  - 9.3.1.5 Market Strategies
- 9.3.2 Schneider Electric SE
- 9.3.3 Enablon (Wolters Kluwer)
- 9.3.4 Salesforce, Inc.
- 9.3.5 Microsoft Corporation
- 9.3.6 IBM Corporation
- 9.3.7 Engie Impact
- 9.3.8 Enviance Inc.
- 9.3.9 Isometrix
- 9.3.10 Taranis
- 9.3.11 Trace Genomics
- 9.3.12 CropX Technologies
- 9.3.13 Lo3 Energy
- 9.3.14 Sensus USA Inc. (Xylem)
- 9.3.15 Intelex Technologies ULC

Chapter 10. Research Process

10.1 Research Process Overview
- 10.1.1 Data Mining
- 10.1.2 Analysis
- 10.1.3 Market Estimation
- 10.1.4 Validation
- 10.1.5 Publishing
10.2 Research Attributes