Green Technology Global Market Report 2025

Description

Green technology, also recognized as sustainable technology or clean technology, encompasses the development and deployment of products, processes, and systems aimed at tackling environmental issues and lessening adverse impacts on the Earth. It encompasses technologies geared towards reducing energy consumption, harnessing renewable energy sources, mitigating pollution and greenhouse gas emissions, conserving natural resources, and fostering ecological sustainability.

The principal components of green technology encompass both solutions and services. Solutions denote comprehensive systems or applications integrating various green technology elements to address environmental challenges and accomplish specific objectives, such as carbon emissions reduction, energy conservation, or pollution mitigation. These technologies span across categories including the Internet of Things (IoT), cloud computing, artificial intelligence and analytics, digital twin, cybersecurity, and blockchain, with applications extending to non-residential, residential, and other sectors.

The green technology research report is one of a series of new reports from The Business Research Company that provides green technology market statistics, including the green technology industry's global market size, regional shares, competitors with an green technology market share, detailed green technology market segments, market trends and opportunities, and any further data you may need to thrive in the green technology industry. This green technology market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The green technology market size has grown exponentially in recent years. It will grow from $23.63 billion in 2024 to $30.03 billion in 2025 at a compound annual growth rate (CAGR) of 27.1%. The growth in the historic period can be attributed to raising awareness of the benefits of green technologies, growing demand for biomass solutions, urgency to address climate change increases, shift towards shorter-term deployment-ready climate tech solutions, inclination towards sustainable investment.

The green technology market size is expected to see exponential growth in the next few years. It will grow to $77.46 billion in 2029 at a compound annual growth rate (CAGR) of 26.7%. The growth in the forecast period can be attributed to increasing corporate commitments to achieving net-zero emissions, emerging economies investing in green infrastructure, growing concerns about climate change and environmental degradation, increasing industrial and consumer awareness, government initiatives to promote the use of green technologies. Major trends in the forecast period include data measurement technologies and software solutions, improve efficiency, create new revenue streams, performance monitoring, drives innovation in climate tech, provide scalable and profitable solutions.

The growing shift towards sustainable investing is expected to drive the growth of the green technology market. Sustainable investing, also known as ESG investing (Environmental, Social, and Governance), focuses on generating financial returns while considering environmental, social, and governance factors. As awareness of environmental and social issues rises, the scope of investments aimed at promoting a sustainable future continues to expand. Sustainable investing integrates green technology by directing capital to companies that develop and implement environmentally friendly solutions to tackle pressing global challenges, while also generating financial returns and fostering a more sustainable future. For example, a February 2024 report from Morgan Stanley, a US-based financial services firm, revealed that assets under management (AUM) in sustainable funds reached $3.4 trillion by the end of 2023, accounting for 7.2% of total global AUM, a 15% increase from $2.24 trillion in 2022. Therefore, the growing trend towards sustainable investing is contributing to the expansion of the green technology market.

Leading companies in the green technology sector prioritize technologically advanced solutions to drive innovation, minimize environmental impact, and support the transition to a sustainable economy. Munich Re Specialty Group, the green technology division of Munich Re, launched the green solutions portfolio in May 2023 to bolster clients' net-zero ambitions. This initiative positions the group as a prominent provider of commercial specialty and primary green insurance risks by 2030. The green solutions portfolio encompasses existing green technology offerings alongside innovative risk solutions, targeting emerging as the preferred partner for sustainable risks within the London and Lloyd's markets. Leveraging Munich Re's global distribution network, the portfolio focuses on technologies such as photovoltaic, wind, carbon capture, and energy storage, offering access to intangible asset products such as cyber coverage.

In August 2023, GE Vernova, a US-based electric power generation company, acquired Greenbird Integration Technology AS for an undisclosed amount. This acquisition enhances GE Vernova's technological capabilities by adding Greenbird's team of data specialists and expanding its expertise in distributed data processes designed for utility applications. Greenbird Integration Technology AS, based in Norway, is an IT services and consulting company specializing in data integration solutions for the utility sector.

Major companies operating in the green technology market are Alphabet Inc., Microsoft Corporation, Engie SA, Tencent Holdings Limited, General Electric Company, International Business Machines Corporation, Cisco Systems Inc., Schneider Electric SE, Honeywell International Inc., SAP SE, ABB Ltd., Salesforce Inc., NEC Corporation, Adobe Inc., VMware Inc., Intuit Inc., Atos SE, Blackstone Inc., Wolters Kluwer N.V., Adani Green Energy Limited, OneTrust LLC, EKI Energy Services Limited, thinkstep Ltd., Verisae LLC, ClimatePartner Gmbh, 3 Degrees Inc., ProcessMAP Corporation, Sustainable Travel International Inc., Cool Effect Inc., Sensus B.V

North America was the largest region in the green technology market in 2024. Asia-Pacific is expected to be the fastest growing region in the market. The regions covered in the green technology market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The countries covered in the green technology market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The green technology market consists of revenues earned by entities by energy auditing, consulting on sustainability initiatives, installation and maintenance of renewable energy systems, and waste management solutions. The market value includes the value of related goods sold by the service provider or included within the service offering. The green technology market also includes sales of solar panels, wind turbines, energy-efficient appliances, electric vehicles, and sustainable materials. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Green Technology Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on green technology market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for green technology ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The green technology market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

The market characteristics section of the report defines and explains the market.
The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
The forecasts are made after considering the major factors currently impacting the market. These include:

The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.

Market segmentations break down the market into sub markets.
The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:1) By Component: Solutions; Services
2) By Technology: Internet Of Things (IoT); Cloud Computing; Artificial Intelligence And Analytics; Digital Twin; Cybersecurity; Blockchain
3) By Applications: Non-Residential; Residential; Other Applications
Subsegments:
1) By Solutions: Renewable Energy Solutions; Energy Efficiency Solutions; Sustainable Water Management Solutions; Green Building Solutions; Waste Management Solutions
2) By Services: Consulting And Advisory Services; Installation And Implementation Services; Maintenance And Support Services; Environmental Auditing And Certification Services
Companies Mentioned: Alphabet Inc; Microsoft Corporation; Engie SA; Tencent Holdings Limited; General Electric Company
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Product Code: r28201

1. Executive Summary

2. Green Technology Market Characteristics

3. Green Technology Market Trends And Strategies

4. Green Technology Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Covid And Recovery On The Market

5. Global Green Technology Growth Analysis And Strategic Analysis Framework

5.1. Global Green Technology PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)
5.2. Analysis Of End Use Industries
5.3. Global Green Technology Market Growth Rate Analysis
5.4. Global Green Technology Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)
5.5. Global Green Technology Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)
5.6. Global Green Technology Total Addressable Market (TAM)

6. Green Technology Market Segmentation

6.1. Global Green Technology Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Solutions
Services
6.2. Global Green Technology Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Internet Of Things (IoT)
Cloud Computing
Artificial Intelligence And Analytics
Digital Twin
Cybersecurity
Blockchain
6.3. Global Green Technology Market, Segmentation By Applications, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Non-Residential
Residential
Other Applications
6.4. Global Green Technology Market, Sub-Segmentation Of Solutions, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Renewable Energy Solutions
Energy Efficiency Solutions
Sustainable Water Management Solutions
Green Building Solutions
Waste Management Solutions
6.5. Global Green Technology Market, Sub-Segmentation Of Services, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Consulting And Advisory Services
Installation And Implementation Services
Maintenance And Support Services
Environmental Auditing And Certification Services

7. Green Technology Market Regional And Country Analysis

7.1. Global Green Technology Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
7.2. Global Green Technology Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8. Asia-Pacific Green Technology Market

8.1. Asia-Pacific Green Technology Market Overview
Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Green Technology Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.3. Asia-Pacific Green Technology Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.4. Asia-Pacific Green Technology Market, Segmentation By Applications, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

9. China Green Technology Market

9.1. China Green Technology Market Overview
9.2. China Green Technology Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.3. China Green Technology Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.4. China Green Technology Market, Segmentation By Applications, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

10. India Green Technology Market

10.1. India Green Technology Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.2. India Green Technology Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.3. India Green Technology Market, Segmentation By Applications, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11. Japan Green Technology Market

11.1. Japan Green Technology Market Overview
11.2. Japan Green Technology Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.3. Japan Green Technology Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.4. Japan Green Technology Market, Segmentation By Applications, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12. Australia Green Technology Market

12.1. Australia Green Technology Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.2. Australia Green Technology Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.3. Australia Green Technology Market, Segmentation By Applications, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13. Indonesia Green Technology Market

13.1. Indonesia Green Technology Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.2. Indonesia Green Technology Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.3. Indonesia Green Technology Market, Segmentation By Applications, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14. South Korea Green Technology Market

14.1. South Korea Green Technology Market Overview
14.2. South Korea Green Technology Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.3. South Korea Green Technology Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.4. South Korea Green Technology Market, Segmentation By Applications, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15. Western Europe Green Technology Market

15.1. Western Europe Green Technology Market Overview
15.2. Western Europe Green Technology Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.3. Western Europe Green Technology Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.4. Western Europe Green Technology Market, Segmentation By Applications, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16. UK Green Technology Market

16.1. UK Green Technology Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.2. UK Green Technology Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.3. UK Green Technology Market, Segmentation By Applications, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17. Germany Green Technology Market

17.1. Germany Green Technology Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.2. Germany Green Technology Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.3. Germany Green Technology Market, Segmentation By Applications, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18. France Green Technology Market

18.1. France Green Technology Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.2. France Green Technology Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.3. France Green Technology Market, Segmentation By Applications, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19. Italy Green Technology Market

19.1. Italy Green Technology Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.2. Italy Green Technology Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.3. Italy Green Technology Market, Segmentation By Applications, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20. Spain Green Technology Market

20.1. Spain Green Technology Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.2. Spain Green Technology Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.3. Spain Green Technology Market, Segmentation By Applications, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21. Eastern Europe Green Technology Market

21.1. Eastern Europe Green Technology Market Overview
21.2. Eastern Europe Green Technology Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.3. Eastern Europe Green Technology Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.4. Eastern Europe Green Technology Market, Segmentation By Applications, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22. Russia Green Technology Market

22.1. Russia Green Technology Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.2. Russia Green Technology Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.3. Russia Green Technology Market, Segmentation By Applications, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23. North America Green Technology Market

23.1. North America Green Technology Market Overview
23.2. North America Green Technology Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.3. North America Green Technology Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.4. North America Green Technology Market, Segmentation By Applications, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24. USA Green Technology Market

24.1. USA Green Technology Market Overview
24.2. USA Green Technology Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.3. USA Green Technology Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.4. USA Green Technology Market, Segmentation By Applications, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25. Canada Green Technology Market

25.1. Canada Green Technology Market Overview
25.2. Canada Green Technology Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.3. Canada Green Technology Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.4. Canada Green Technology Market, Segmentation By Applications, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26. South America Green Technology Market

26.1. South America Green Technology Market Overview
26.2. South America Green Technology Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.3. South America Green Technology Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.4. South America Green Technology Market, Segmentation By Applications, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27. Brazil Green Technology Market

27.1. Brazil Green Technology Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.2. Brazil Green Technology Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.3. Brazil Green Technology Market, Segmentation By Applications, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28. Middle East Green Technology Market

28.1. Middle East Green Technology Market Overview
28.2. Middle East Green Technology Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.3. Middle East Green Technology Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.4. Middle East Green Technology Market, Segmentation By Applications, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29. Africa Green Technology Market

29.1. Africa Green Technology Market Overview
29.2. Africa Green Technology Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.3. Africa Green Technology Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.4. Africa Green Technology Market, Segmentation By Applications, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

30. Green Technology Market Competitive Landscape And Company Profiles

30.1. Green Technology Market Competitive Landscape
30.2. Green Technology Market Company Profiles
- 30.2.1. Alphabet Inc Overview, Products and Services, Strategy and Financial Analysis
- 30.2.2. Microsoft Corporation Overview, Products and Services, Strategy and Financial Analysis
- 30.2.3. Engie SA Overview, Products and Services, Strategy and Financial Analysis
- 30.2.4. Tencent Holdings Limited Overview, Products and Services, Strategy and Financial Analysis
- 30.2.5. General Electric Company Overview, Products and Services, Strategy and Financial Analysis

31. Green Technology Market Other Major And Innovative Companies

31.1. International Business Machines Corporation
31.2. Cisco Systems Inc
31.3. Schneider Electric SE
31.4. Honeywell International Inc
31.5. SAP SE
31.6. ABB Ltd
31.7. Salesforce Inc
31.8. NEC Corporation
31.9. Adobe Inc
31.10. VMware Inc
31.11. Intuit Inc
31.12. Atos SE
31.13. Blackstone Inc
31.14. Wolters Kluwer N.V
31.15. Adani Green Energy Limited

32. Global Green Technology Market Competitive Benchmarking And Dashboard

33. Key Mergers And Acquisitions In The Green Technology Market

34. Recent Developments In The Green Technology Market

35. Green Technology Market High Potential Countries, Segments and Strategies

35.1 Green Technology Market In 2029 - Countries Offering Most New Opportunities
35.2 Green Technology Market In 2029 - Segments Offering Most New Opportunities
35.3 Green Technology Market In 2029 - Growth Strategies
- 35.3.1 Market Trend Based Strategies
- 35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations
36.2. Currencies
36.3. Historic And Forecast Inflation Rates
36.4. Research Inquiries
36.5. The Business Research Company
36.6. Copyright And Disclaimer