Green Technology Market to Hit $135 Billion by 2032, Driven by AI and IoT Innovations

NEW YORK - July 10, 2025 - PRLog -- According to the latest market research study published by P&S Intelligence, the global green technology and sustainability market reached USD 27.6 billion in 2024 and is projected to surge to USD 135 billion by 2032, growing at a robust CAGR of 22.1% during 2025–2032. This impressive expansion is chiefly driven by mounting environmental awareness, stricter government regulations, and rising demand for eco-friendly solutions. Innovations in renewable energy—particularly solar and wind—alongside intelligent systems for energy, water, and waste management, are playing a key role in reshaping urban infrastructure and transportation systems.

Supportive policies aimed at reducing greenhouse gas emissions, combined with volatile fossil fuel prices and businesses' incentives to cut operational costs, are fueling widespread adoption of green technologies. Tools such as carbon footprint monitoring platforms, IoT sensors for air and water quality, and AI‑powered analytics are enabling organizations to track emissions accurately and develop effective mitigation strategies.

Key Insights

• Market segmentation analysis highlights that the market is divided by component (solutions vs. services), technology (IoT, AI & analytics, digital twins, cloud computing, blockchain), application (green buildings, carbon footprint management, air/water monitoring, weather, soil & crop monitoring, fire and forest monitoring), organization size (SMEs vs. large enterprises), deployment mode (cloud vs. on‑premises), and region. This detailed breakdown underscores the diverse, multi‑dimensional nature of the market and its far-reaching impact across industries.
• Regionally, North America currently leads in market share, benefiting from early investment and policy support, while Asia Pacific is the fastest-growing region, driven by rapid urbanization, smart city programs, and expanding industrial bases. For instance, Asia Pacific's green tech market alone is expected to grow from USD 6.4 billion in 2024 to USD 12.1 billion by 2030 at an 11.1% CAGR.

Browse detailed report analysis on "Green Tech and Sustainability Market Share and Growth Report, 2032 (https://www.psmarketresearch.com/market-analysis/green-te...)"

• Technological advancements—including AI, big data analytics, IoT, and cloud platforms—are propelling innovation in areas such as precision energy management, real-time environmental monitoring, and predictive analytics. These capabilities enhance operational efficiency, support regulatory compliance, and drive sustainable decision-making.
• The green building sector remains a strong application area, complemented by growing investments in carbon footprint tracking, air and water quality sensors, fire detection, and forest monitoring systems. Such integrated solutions are becoming mainstream as governments and enterprises seek to achieve environmental targets.
• Emerging opportunities abound in smart infrastructure, urban resilience, and sustainable agriculture, with potential for rapid expansion fueled by supportive policies, the global push for carbon neutrality, and ongoing technological breakthroughs in IoT, AI, blockchain, and digital twins.