Green Technology and Sustainability Market Size, Share, and Trends 2025 to 2034

Green Technology and Sustainability Market Size and Forecast 2025 to 2034

The global green technology and sustainability market size accounted for USD 23.48 billion in 2024 and is expected to exceed around USD 185.21 billion by 2034, growing at a CAGR of 22.94% from 2025 to 2034. The green technology and sustainability market growth is driven by growing global awareness of environmental issues, escalating energy costs, growing development of smart cities and urban planning, increasing focus on proper waste management and recycling.

Green Technology and Sustainability Market Key Takeaways

• North America dominated the global market with the largest market share of 38.68% in 2024.
• Europe is projected to expand at the notable CAGR during the forecast period.
• By component, the solution segment dominated the green technology and sustainability market in 2024.
• By component, the services segment is expected to grow at the fastest rate over the forecast period.
• By industry, the green building segment led the largest market share in 2024.

Role of AI in Green Technology Sector

The artificial intelligence integration improves the green technology and sustainability industry. AI integration assists in analyzing energy consumption patterns, predict demand, and optimize the distribution and usage of renewable energy sources, leading to more efficient energy systems and reduced waste. AI has ability to improve the management of smart grids by predicting energy needs, detecting faults, and optimizing the integration of renewable energy sources, improving grid stability and efficiency. AI algorithms can predict weather patterns and optimize the operation of renewable energy systems such as solar and wind farms, maximizing energy generation and reducing reliance on non-renewable sources.

U.S. Green Technology and Sustainability Market  Market Size and Growth 2025 to 2034

The U.S. green technology and sustainability market size was exhibited at USD 6.81 billion in 2024 and is projected to be worth around USD 54.14 billion by 2034, growing at a CAGR of 23.04%.

North America dominated the green technology and sustainability market in 2024. The large number of market players is operating in the North America green technology and sustainability market. These key market players are highly investing in research and development activities for the development of green technology and sustainability market. In addition, market players are also installing new and advanced technologies which help into carbon control and greenhouse gases emission control. Moreover, rising global warming and pollution is also driving the growth of the green technology and sustainability market in the region.

Europe is expected to develop at the fastest rate during the forecast period. The UK dominates the green technology and sustainability market in Europe region. The government of Europe region is taking immense efforts for the growth and development of the green technology and sustainability market. The favorable government policies in favor of storage of energy and using clean and green energy are driving the growth of green technology and sustainability market in Europe region over the projected period.

Green Technology and Sustainability Market Growth Factors

• Growing public awareness about environmental issues, such as climate change, pollution, and resource depletion, is driving demand for sustainable products and technologies.
• Stringent environmental regulations and policies promoting renewable energy, waste reduction, and sustainable practices are encouraging the adoption of green technologies.
• Businesses are increasingly adopting sustainability strategies to minimize their environmental impact, meet regulatory requirements, and enhance their brand image, driving investment in green technologies.
• Innovations in renewable energy, energy storage, waste management, and sustainable agriculture are making green technologies more affordable, efficient, and accessible.
• The increasing cost of traditional energy sources is prompting both consumers and industries to seek energy-efficient and renewable alternatives.
• Consumers are becoming more environmentally conscious and prefer products that are eco-friendly and sustainably produced, driving companies to adopt green practices.
• Significant investments in renewable energy projects, such as wind, solar, and hydropower, are boosting the growth of the green technology market.
• Global initiatives to combat climate change, such as the Paris Agreement, are pushing countries to adopt green technologies and reduce carbon emissions.
• The shift towards a circular economy, which emphasizes recycling, reuse, and sustainable resource management, is driving innovation in green technologies.
• Companies are increasingly integrating sustainability into their Corporate Social Responsibility (CSR) initiatives, promoting the adoption of green technologies and sustainable practices.

Market Scope

Thus, the growing concerns all around the globe regarding decline of renewable energy resources, growing pollution levels, and changes in climate are factors boosting the growth of the global green technology and sustainability market. The green technology and sustainability solutions are mostly adopted for reduction carbon levels. In addition, the adoption of innovative technologies such as blockchain, artificial intelligence, and internet of things are creating lucrative opportunities for the growth of the global green technology and sustainability market. Additionally, the adoption of industry 4.0 is also enhancing the growth of the green technology and sustainability market all around the world.

The worldwide green technology and sustainability market is highly concentrated with only a few companies responsible for the most of the market revenue. To secure and retain a strong position in the fast-increasing industry, companies are focused on strategic expansions into unexplored regions and research and development projects to produce more advanced and innovative green technologies and sustainability solutions in the global market. Moreover, the market players are also collaborating with government agencies to increase their market share in the green technology and sustainability market.

Component Insights

The solution segment dominated the green technology and sustainability market in 2024. The trend of globalization and privatization is paving new way for the growth of the segment. In addition, technological advancements and adoption of innovative technologies are creating the demand for solutions for green technology and sustainability in the global market. The green technology and sustainability solutions are largely adopted which are beneficial for environment and does not harm environment in any way.

The services segment is expected to grow at a fastest rate over the forecast period. The services segment in green technology and sustainability market is growing due to the rising awareness about green and clean energy. In addition, the private, public, and government firms are adopting green technology, which is creating lucrative opportunities for the growth of the segment during the forecast period.

Industry Insights

The green building segment led the largest market share in 2024. One of the key factors driving the growth of the segment is increased usage of clean and green energy. This energy is used for the construction of green and sustainable building. The acceptance and adoption of green buildings help in the reduction of greenhouse gases emissions. Therefore, the government of developed and developing regions such as Asia-Pacific, North America, and Europe are taking constant efforts for adoption of green buildings on large scale. All of these aforementioned factors are driving the growth of the segment.

The crop monitoring segment is fastest growing segment of the green technology and sustainability market in 2024. The data and information on different crops are mandatory for agriculture companies as well as food companies. The green technology for crop monitoring helps in the reduction of usage of pests. That’s the reason, the key market players are launching new solutions and green technology for crop monitoring. This factor is driving the growth of the segment.

Recent Developments in Green Technology and Sustainability Industry

• In December 2024, DD-Scientific, leading gas sensor company announced the debut of its new PPB Air Quality Sensor line at the Air Quality & Emissions (AQE) Show, which will be held at the Birmingham NEC on October 9 and 10, 2024. Utilizing DD-Scientific's experience in automated production, this new line sets new standards for value, precision, and dependability in the accurate detection of environmental contaminants at incredibly low concentrations.
• In November 2024, the Food and Agriculture Organization of the United Nations (FAO) unveiled a new initiative to assist nations in improving their data pertaining to forests. Accelerating Innovative Monitoring for Forests and Commodities (AIM4Commodities) is a three-year project financed by USD 1.4 million from the German Agency for International Cooperation. It will support the creation and implementation of Open Foris Whisp, a platform that guarantees Indigenous Peoples and smallholder farmers may uphold sustainable practices and exhibit adherence to regulated markets. In addition to being vital for livelihoods, this helps to change sustainable agrifood systems.

Green Technology and Sustainability Market Companies 

• General Electric Company
• Enablon
• Salesforce.com Inc
• Microsoft Corporation
• Schneider Electric
• Engie Impact
• Sensus
• Enviance
• Intelex Technologies Inc.
• CropX Inc.

Segments Covered in the Report

By Component

• Solutions
• Services

By Industry

• Air and water pollution monitoring
• Carbon footprint management
• Crop monitoring
• Fire detection
• Forest monitoring
• Green building
• Soil condition/moisture monitoring
• Sustainable mining and exploration
• Water management
• Weather monitoring and forecasting

By Technology

• Internet of Things (IoT)
• Cloud Computing
• Artificial Intelligence & Analytics
• Digital Twin
• Cybersecurity
• Blockchain

By Geography

• North America
• U.S.
• Canada
• Europe
• U.K.
• Germany
• France
• Asia-Pacific
• China
• India
• Japan
• South Korea
• Malaysia
• Philippines
• Latin America
• Brazil
• Rest of Latin America
• Middle East & Africa (MEA)
• GCC
• North Africa
• South Africa
• Rest of the Middle East & Africa