Portland, OR, January 14, 2021 (GLOBE NEWSWIRE) – According to the report published by Allied Market Research, the global green technology and sustainability market generated $ 8.79 billion in 2019 and is expected to reach $ 48.36 billion by 2027, growing at a CAGR of 24.3% from 2020 to 2027.
Rising environmental awareness and concerns, skyrocketing consumer and industry interest in using clean energy resources, and increasing use of RFID sensors are driving the growth of the global market for green technologies and sustainability. However, the high costs of the products and solutions associated with green technologies and sustainable development solutions are hampering the growth of the global green technology and sustainability market. On the contrary, initiatives to tackle climate change and air pollution should create lucrative opportunities for market players in the future.
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- According to the source Global Green Technology and the sustainable development market expected to earn $ 48.36 billion by 2027: AMR
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