Environmental Technology Global Market Report 2023 – By Technology (IoT, Artificial Intelligence, Cloud Computing, Blockchain), By Components (Services, Solutions), By Vertical (Residential, Industrial Transportation and Logistics), By Application (Air and Water Pollution Monitoring, Water Purification, Crop Monitoring, Management of Carbon Footprints, Waste Management, Other Applications) – Market Size, Trends, And Global Forecast 2023-2032

Environmental consulting services include providing solutions to private and public sector clients to address environmental issues and reduce their environmental impact. Environmental consulting services help organizations attain sustainable development economically. The main types of environmental consulting services are site remediation consulting services, other environmental consulting services, water and waste management consulting services, environmental management, and compliance and due diligence. Site remediation consulting services provide advice and assistance to businesses and other organizations on activities such as the control of environmental contamination from pollutants, toxic substances, and hazardous materials. These services are used by various sectors, such as mining, manufacturing and process industries, energy and utilities, government and regulators, infrastructure and development, and others. The different service providers include large enterprises, small and medium enterprises. The global environmental consulting services market is segmented - 1) By Type: Site Remediation Consulting Services, Other Environmental Consulting Services, Water And Waste Management Consulting Services, Environment Management, Compliance And Due Diligence 2) By End Users: Mining, Manufacturing & Process Industries, Energy & Utilities, Government & Regulators, Infrastructure & Development, Other End Users 3) By Service Provider: Large Enterprise, Small and Medium Enterprise The global environmental consulting services market size grew from $61.97 billion in 2022 to $66.33 billion in 2023 at a compound annual growth rate (CAGR) of 7.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, and affecting many markets across the globe. The market size of global environmental consulting services market is expected to grow from $83.64 billion in 2027 at a CAGR of 6.0%. Sustainable development refers to the economic growth of a country or region without or with a minimum depletion of natural resources. The United Nations Organization established Sustainable Development Goals for all its members with an agenda to ensure responsible growth until 2030. These goals include ensuring availability and equitable access to drinking water; improving water quality by reducing pollution and preventing the dumping of hazardous waste; building safe and resilient infrastructure; integrating measures to tackle climate change into national policies; and the promotion of sustainable use of marine and terrestrial resources. Investments in meeting these targets are expected to drive demand for the services of environmental services companies. Major companies in the environmental consulting services market include Jacobs Engineering Group Inc., Tetra Tech Inc., Arcadis NV, Sweco AB, Stantec Inc., John Wood Group PLC, Suez Environnement SA, Environmental Resources Management, WSP Global Inc., and Ramboll Group A/S. The outbreak of COVID-19 disease (COVID-19) has acted as a restraint on the environmental consulting services market in 2020 as governments globally imposed lockdowns and restricted trade, thereby limiting the need for professional services. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China and has spread globally, including Western Europe, North America, and Asia. Steps by national governments to contain the transmission have resulted in a decline in economic activity with countries entering a state of "lock down." The outbreak has had a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the environmental consulting services market will recover from the shock across the forecast period as it is a "black swan" event and not related to ongoing or fundamental weaknesses in the market or the global economy. Environmental consulting companies are increasingly promoting the utilization and installation of IoT technologies that can help enterprises and governments monitor and conserve the environment. For instance, environmental sensors measure pollution-causing particles in air and water, thereby monitoring air or water quality. They also detect radiation and hazardous chemicals in the environment. IoT technologies can also offer efficient solutions for waste collection and disposal. Smart waste collection systems could help track waste levels in garbage bins, provide transport optimization and operational analytics, thereby saving on government assets and fuel consumption. North America was the largest region in the environmental consulting services market share in 2022. Western Europe was the second largest region in the environmental consulting services market. The regions covered in the global environmental consulting services rindustry eport are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the environmental consulting services market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The environmental consulting services (ECS) market consists of revenue earned by entities that provide organizations and governments with environmental advice, assistance, and action plans. It includes the prevention of environmental contamination, toxic substances, security consulting, waste management, and pollution control. Environmental consulting services undertake processes where human capital is the major input. They make available the knowledge and skills of their employees, often on an assignment basis, where an individual or team is responsible for the delivery of services to the client. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. 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. The environmental consulting services market research report is one of a series of new reports from The Business Research Company that provides environmental consulting services market statistics, including environmental consulting services industry global market size, regional shares, competitors with an environmental consulting services market share, detailed environmental consulting services market segments, market trends and opportunities, and any further data you may need to thrive in the environmental consulting services industry. This environmental consulting services 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 environmental testing equipment refer to various products and equipment primarily used to evaluate the dependability of multiple products and components under continuous exposure to a variety of environmental conditions. The purpose of the equipment is to detect and identify multiple contaminants that may impact the quality of the air, water, and soil. The main types of environmental testing equipment include chromatography products, mass spectrometers, molecular spectroscopy instruments, total organic carbon (TOC) analysers, dissolved oxygen analysers, conductivity sensors, turbidity meters, and pH Meters. Chromatography products refer to electronic systems designed for the separation of components or solutes of a mixture based on relative amounts of each solute between a moving liquid stream. They are used in water, air and soil testing by government agencies & municipal authorities, environmental testing laboratories, industrial facilities, commercial & residential facilities. The global environmental testing equipment market is segmented - 1) By Product: Chromatography Products, Mass Spectrometers , Molecular Spectroscopy Instruments, Total Organic Carbon (TOC) Analysers, Dissolved Oxygen Analysers, Conductivity Sensors, Turbidity Meters, pH Meters 2) By Application: Water Testing, Air Testing, Soil Testing 3) By End-Use Industry: Government Agencies and Municipal Authorities, Environmental Testing Laboratories, Industrial Facilities, Commercial & Residential Facilities The global environmental testing equipment market size grew from $1.04 billion in 2022 to $1.14 billion in 2023 at a compound annual growth rate (CAGR) of 9.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of the global environmental testing equipment is expected to grow to $1.63 billion in 2027 at a CAGR of 9.4%. Rising levels of environmental pollution worldwide significantly contribute to the growth of the environmental testing equipment market. Rapid growth in industrialization and urbanization, wildfires, transportation, construction, and demonization has contributed to rising levels of environmental pollution across the globe. Governments across the globe are investing in environmental testing equipment to constantly monitor changes in air, water, and soil pollution and implement innovative policies to tackle challenges based on inputs from testing activitiesFor instance, according to the report published by Eurostat, a Luxembourg-based statistical office of the European Union, total general government spending on environmental protection in the EU in 2020 amounted to 0.9% of GDP, within this, 0.4% of GDP was spent on waste management,0.2% on waste water management, and 0.1% on each of the COFOG groups for pollution abatement, preservation of biodiversity and landscape and environmental management. Therefore, the rising level of environmental pollution is expected to boost demand for environmental testing equipment during the forecast period. Major players in the environmental testing equipment market are Agilent Technologies Inc., Thermo Fisher Scientific Inc., Shimadzu Corporation, Waters Corporation, Bruker Corporation, PerkinElmer Inc., Merck KGaA, Teledyne Technologies Incorporated, INFICON, JEOL Ltd., SCIEX, Extech Instruments, Amphenol, and PathSensors, Inc. Technological advancement is the key trend gaining popularity in the environmental testing equipment market. Major companies operating in the environmental testing equipment market focus on providing technologically advanced solutions to meet the end-customer demand and strengthen their market position across the globe. For instance, In June 2020, Agilent Technologies (US) introduced two new mass spectrometry (MS) products, the Agilent 6470B Triple Quadrupole LC/MS (6470 LC/TQ) system, and the Agilent Rapid Fire 400 system, to provide customers with greater sample throughput and reduced time to obtain findings by delivering even faster detection of target chemicals. In August 2020, Smiths Detection, a UK-based detection, and screening technologies company, acquired PathSensors for an undisclosed amount. Through this acquisition, Smiths Detection is focused on broadening its sensing capabilities across the CBRNE (chemical, biological, radiological, nuclear, and explosive) spectrum, and expanding its business across the globe. PathSensors is a USA-based provider of biotechnology solutions and environmental testing equipment’s. North America was the largest region in the environmental testing equipment market in 2022. Asia-Pacific is expected to be the fastest-growing region in the environmental testing equipment market during the forecast period. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the environmental testing equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The environmental testing equipment market consists of sales of sample prep equipment, temperature chambers, temperature chambers, biofuel analyzers, balances, evaporators, stability chambers, particle counters, refractometers, GC systems, autosamplers, and HPLC systems. 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. The environmental testing equipment market research report is one of a series of new reports from The Business Research Company that provides environmental testing equipment market statistics, including environmental testing equipment industry global market size, regional shares, competitors with an environmental testing equipment market share, detailed environmental testing equipment market segments, market trends and opportunities, and any further data you may need to thrive in the environmental testing equipment industry. This environmental testing equipment 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.

Automatic environmental control refers to devices used as automatic controls and regulators for applications, such as heating, air-conditioning, refrigeration, and appliances. The main types in the automatic environmental control market are heating equipment, refrigeration equipment, and air conditioning equipment. The heating equipment in the automatic environmental control market refers to the heating systems that provide heat maintained at the thermal level. It includes products such as environmental monitors, environmental monitoring sensors, wearable environmental,monitors, that are used in residential, commercial, and industries. The global automatic environmental control market is segmented - 1) By Type: Heating Equipment, Refrigeration Equipment, Air Conditioning Equipment 2) By Product Type: Environmental Monitors, Environmental Monitoring Sensors, Wearable Environmental Monitors 3) By Application: Residential, Commercial, Industrial The global automatic environmental control market size will grow from $16.26 billion in 2022 to $17.59 billion in 2023 at a compound annual growth rate (CAGR) of 8.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global automatic environmental control is expected to grow to $23.38 billion in 2027 at a CAGR of 7.4%. Rapid growth in manufacturing industries is a key factor driving the growth of the automatic environmental control market. In the Indian economy, industrial manufacturing is the major growing sector with diverse companies engaged in the manufacturing of machinery and equipment, building and construction materials, rubber and plastic products, electrical and mechanical products, cement, and automation technology products. Growth in manufacturing outputs in China and Brazil will be the highest in the next five years. The countries will grow at an annual growth rate of 7.1% and 5.0%, respectively. Therefore, the growth in manufacturing industries is expected to increase the growth of the automatic environmental control market. Major players in the automatic environmental control market are Johnson Controls, Inc., Schneider Electric, United Technologies Corporation, Honeywell International Inc., and Ingersoll Rand. Rising trade protectionism acts as a major challenge in the automatic environmental control global market. Trade protectionism is characterized as a country, or a group of countries working related as an exchange alliance, making exchange boundaries with the particular objective of protecting its economy from the potential dangers of worldwide trading. The target of trade protectionism is to ensure a country's fundamental monetary interests, for example, its key ventures, wares, and work of laborers. A wide number of trade barriers have been introduced, the major one has been higher tariffs on bilateral trade between the US and China. This increase in protectionism has contributed to a slowdown in global growth through direct effects on trade flows, supply chains, and import costs, and indirect effects on business sentiment, uncertainty, and investment around the world. Therefore, rising trade protectionism will negatively impact in this market’s growth. The smart thermostat is a key trend in the automatic environmental control market. Smart thermostats use smart technology that can be operated using mobile phones, laptops, smart speakers, or other computers connected to the internet that allows for scheduling preferred temperature settings, and they can also be integrated into home automation systems. For instance, Ecobee was the first to introduce the smart thermostat solution into the market. The company has seen its revenues double every year, it is estimated that Ecobee sales will reach $1 billion by 2020. Across North America, Ecobee holds 30% of the market share in smart thermostats. The Asia-Pacific was the largest region in the automatic environmental control market in 2022. North America is the second-largest region in the automatic environmental control market share. The regions covered in the global automatic environmental control market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the automatic environmental control market are Brazil, China, France, Germany, India, Indonesia, Japan, South Korea, Russia, the UK, USA, and Australia. The automatic environmental control global market consists of sales of airflow controllers, air conditioning and refrigeration, heating and cooling system controls, heating regulators, and other automatic environmental controls. 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. The automatic environmental control global market research report is one of a series of new reports from The Business Research Company that provides automatic environmental control market statistics, including automatic environmental control industry global market size, regional shares, competitors with an automatic environmental control market share, detailed automatic environmental control market segments, market trends and opportunities, and any further data you may need to thrive in the automatic environmental control industry. This automatic environmental control 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 environment combines physical, chemical, and biotic factors that create an ecological system and determine its form. Conservation refers to an act of protection of natural resources for the sustainability of current and future generations. Wildlife refers to all the species of undomesticated animals that live in a natural environment and are a part of wild flora and fauna. The main types of environment, conservation, and wildlife are land resources conservation, natural resource conservation, wildlife preservation and protection, energy conservation and development, environmental beautification, forest resources, wildlife sanctuaries, botanical gardens, native plant societies, and others. Land resources conservation organizations are involved in the protection of natural land resources by eliminating the human impact on natural land environments. The different modes of donation include online and offline. The organization’s location can be domestic or international. The global environment, conservation and wildlife organizations market is segmented – 1) By Type: Land Resources Conservation, Natural Resource Conservation, Wildlife Preservation and Protection, Energy Conservation and Development, Environmental Beautification, Forest Resources, Wildlife Sanctuaries, Botanical Gardens, Native Plant Societies, Other Types 2) By Mode of donation: Online, Offline 3) By Organization Location: Domestic, International The global environment, conservation and wildlife organizations market size will grow from $23.78 billion in 2022 to $25.44 billion in 2023 at a compound annual growth rate (CAGR) of 7.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global environment, conservation and wildlife organizations is expected to grow to $32.2 billion in 2027 at a CAGR of 6.1%. The growing concern about the extinction of species is expected to propel the growth of the environment, conservation, and wildlife organizations market going forward. Wildlife conservation organizations collaborate with local governments, businesses, and individuals to preserve and save biodiversity. These organizations are funded by foundations, individuals, and corporates in several ways. According to the International Union for Conservation of Nature (IUCN) red list, 41,000 species are threatened with extinction. For instance, World Health Organization (WHO) stated that 250,000 additional deaths are expected due to climatic changes between 2031 and 2050. Several organizations and individuals are donating to save and preserve the natural habitat. In February 2020, Jeff Bezos from Amazon announced plans to donate $10 billion to support a global initiative that will fund scientists, activists, and NGOs to protect the planet. Similarly, in September 2021, nine organizations pledged $5 billion to create, expand, manage, and monitor protected and conserved areas of land, inland water, and sea, working with indigenous communities, civil society, and governments, over the next ten years. Therefore, the growing concern about the extinction of species is driving the growth of the environment, conservation and wildlife organizations market. Major players in the environment, conservation and wildlife organizations market are Nature Conservancy, World Wildlife Fund, Natural Resources Defense Council, Sierra Club, Wildlife Conservation Society, Oceana, Conservation International, National Audubon Society, Jane Goodall Institute, Royal Society for the Protection of Birds, Jane Goodall Foundation, Defenders of Wildlife, Gorilla Doctors, Earth System Governance Project (ESGP), Global Environment Facility (GEF), Global Green Growth Institute, KIMO (Local Authorities International Environmental Organization), Intergovernmental Panel on Climate Change (IPCC), International Union for Conservation of Nature (IUCN), United Nations Environment Program (UNEP), World Nature Organization (WNO), World Food Program, International Whaling Organization, Bio-carbon Fund initiative, Arctic Council, American Bird Conservancy (ABC), Fin Free, International Fund For Animal Welfare (IFAW) and National Wildlife Federation (NWF). The growing technological advancement in the conservation of wildlife is shaping the environment, conservation, and wildlife organizations market. Major organizations are focusing on creating innovative technology solutions for the environmental, conservation, and wildlife organizations market. For instance, in September 2022, E-Gravity, an Indian-based engineering company launched a GPS-based radio collar for tracking wild elephants. The collar itself contains a GPS tracker and battery, which can be attached either to the top or bottom of the animal's neck. To ensure premium quality and reliability, this collar uses Acurite Remote Monitoring Solutions. For hands-free operation, it also works with Amazon Alexa and Google Assistant. Asia-Pacific was the largest region in the environment, conservation and wildlife organizations market in 2022. North America was the second largest region in the global environment, conservation and wildlife organizations market share. The regions covered in the global environment, conservation and wildlife organizations market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the environment, conservation and wildlife organizations market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The environment, conservation and wildlife organizations market consist of revenues earned by entities that are engaged in promoting the preservation and protection of environment and wildlife. The environment, conservation and wildlife organizations market include establishments such as animal rights organizations, natural resource preservation organizations, conservation advocacy organizations, wildlife preservation organizations, humane societies. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. 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. The environment, conservation and wildlife organizations market research report is one of a series of new reports from The Business Research Company that provides environment, conservation and wildlife organizations market statistics, including environment, conservation and wildlife organizations industry global market size, regional shares, competitors with an environment, conservation and wildlife organizations market share, detailed environment, conservation and wildlife organizations market segments, market trends and opportunities, and any further data you may need to thrive in the environment, conservation and wildlife organizations industry. This environment, conservation and wildlife organizations market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Environmentally friendly packaging refers to packaging that is safe for people and the planet, can be easily recycled, and is produced from recycled or other environmentally friendly materials. It utilizes less energy consumption and natural resources for its manufacture. Environmentally friendly packaging is used to protect the environ environmentally friendly packaging market. The main types of environmentally friendly packaging are recycled content packaging, reusable packaging, and degradable packaging. Recycled content packaging is manufactured by using recycled products which helps to protect the environment. Recycled content packaging is any packaging product produced using non-virgin materials which were previously used. Bags, pouches & sachets, boxes, containers, films, trays, tubes, bottles & jars, and cans are produced using environmentally friendly packaging. The materials used to manufacture the packaging solutions are paper & paper board, plastic, metal, glass, and starch-based materials. Active, moulded, and alternate fibre packaging are the techniques used. Primary, secondary and tertiary are packaging layers. The global environmentally friendly packaging market is segmented - 1) By Type: Recycled Content Packaging, Reusable Packaging, Degradable Packaging 2) By Product Type: Bags, Pouches and Sachets, Boxes, Containers, Films, Trays, Tubes, Bottles and Jars, Cans, Other product types 3) By Material Type: Paper and Paper Board, Plastic, Metal, Glass, Starch-Based Materials, Other materials 4) By Technique: Active Packaging, Molded Packaging, Alternate Fiber Packaging, Other techniques 5) By Layer: Primary Packaging, Secondary Packaging, Tertiary Packaging The global environmentally friendly packaging market size grew from $215.31 billion in 2022 to $232.74 billion in 2023 at a compound annual growth rate (CAGR) of 8.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, causing inflation across goods and services and affecting many markets across the globe. The market size of the global environmentally friendly packaging is expected to grow to $297.61 billion in 2027 at a CAGR of 6.3%. Increasing awareness about environmental concerns among consumers is expected to propel the growth of the environmentally friendly packaging market. People across the world are aware of the current environmental pollution and its drastic effects on the climate. Purchasing environmentally friendly packaging by customers decreases plastic usage. According to a study conducted by Mastercard Inc., a USA-based financial technology company, in 2021, across 24 countries, 54% of adults after COVID-19 feel that it is important to decrease their carbon footprint. Furthermore, in 2020, 79% of consumers are changing their purchase habits and buying products based on social responsibility, inclusiveness, or environmental impact. Also, 67% of consumers are more cautious about the scarcity of natural resources due to the COVID-19 crisis. Thus, increasing awareness about environmental concerns among consumers is driving the growth of the environmentally friendly packaging market. Major players in the environmentally friendly packaging market are Amcor plc, Bemis Company Inc., Tetra Laval International SA, Mondi, BASF SE, Sonoco Products Company, Smurfit Kappa, Sealed Air, Huhtamaki Oyj, West Rock Company, Gerresheimer AG, Ball Corporaton, Ardagh Group SA, DS Smith, Berry Global Inc., and Reynolds Packaging. New product innovations are the key trends gaining popularity in the environmentally friendly packaging market. Major companies operating in the market are introducing new products to strengthen their position in the market, such as PET containers made from post-consumer recycled content (PCR) resin. For instance, In February 2020, Amcor, a Switzerland-based packaging company, launched a PET container manufactured from post-consumer recycled content that are clear bottles in two sizes, 100 cubic centimetres and 150 cubic centimetres. In February 2022, HP (Hewlett-Packard), a US-based information technology company, acquired Choose packaging for an undisclosed amount. With this acquisition, HP adds the Choose packaging's portfolio into its Personalization & 3D Printing business to scale its technology and client base and plans to disrupt the single-use plastics market with fibre-based, plastic-free packaging. Choose packaging is a UK based manufacturer of a plastic-free packaging company. Western Europe was the largest region in the environmintally friendly packing market in 2022. Asia-Pacific is expected to be the fastest-growing region in the environmintally friendly packing market during the forecast period. The regions covered in global environmentally friendly packaging market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the environmentally friendly packaging market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The environmentally friendly packaging market consists of sales of compostable packaging, corrugated packaging, glassine packaging, and cellulose packaging among others. 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. The environmentally friendly packaging market research report is one of a series of new reports from The Business Research Company that provides environmentally friendly packaging market statistics, including environmentally friendly packaging industry global market size, regional shares, competitors with an environmentally friendly packaging market share, detailed environmentally friendly packaging market segments, market trends and opportunities, and any further data you may need to thrive in the environmentally friendly packaging industry. This environmentally friendly packaging 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.

A carbon footprint management system is a technological solution for measuring the impact of human activity on the environment expressed as a carbon dioxide equivalent. This tool allows organizations to identify opportunities for reducing material, water, waste, and energy use, thus reducing the carbon footprint of the company. The main types of components in carbon footprint management are solutions and services. The services provided by carbon footprint management include consulting, integration and deployment, support and maintenance, and system integration. The different modes of deployment include on-premise, cloud and are implemented in various verticals such as manufacturing, it and telecom, residential and commercial buildings, transportation and logistics, energy and utilities, others. The global carbon footprint management market is segmented – 1) By Component: Solution, Services 2) By Deployment: On-Premises, Cloud 3) By Vertical: Manufacturing, IT And Telecom, Residential And Commercial Buildings, Transportation And Logistics, Energy And Utilities, Other Verticals The global carbon footprint management market size will grow from $9.34 billion in 2022 to $9.96 billion in 2023 at a compound annual growth rate (CAGR) of 6.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the carbon footprint management is expected to grow to $12.4 billion in 2027 at a CAGR of 5.6%. The introduction of various carbon emission policies by governments in carbon footprint management is expected to propel the growth of the carbon footprint management market. Governments across the world have taken various initiatives to reduce carbon footprint and pollution. For instance, in May 2021, the German government set new targets to reduce its carbon footprint. Under the new targets, Germany will aim for a 65%, 88%, and nearly 0% net carbon emission by 2030, 2040, and 2045 respectively. As a result, organizations have been instructed by governments to follow the norms and regulations. The adherence requirements for reducing carbon footprint would result in a growth in the demand for carbon footprint management systems as it assists organizations in identifying avenues for reducing their carbon footprint. Major players in the carbon footprint management market are Accuvio, Carbon EMS, Enviance, EnergyCAP LLC, ENGIE Impact, Envirosoft Corporation, Intelex Technologies Inc., IsoMetrix Software, Locus Technologies, NativeEnergy Inc., SAP SE, Johnson Controls, Accenture PLC, IBM Corporation, Schneider Electric S.E., Natural Capital Partners, VelocityEHS, and Carbon Trust. The rising focus on enterprise sustainability among organizations is a key trend gaining popularity in the carbon emission management market. Major companies operating in the carbon emission management sector are focused on launching new products to meet the rising market demand for regulating their carbon emission. For instance, in June 2021, a France-based information technology services and consulting company, Capgemini, launched “Sustainable IT”, an offering designed to assist IT companies in reducing their carbon footprint. The new offering is meant to support clients on their sustainability journey through its technical expertise, customized approach, and strong partner ecosystem using Capgemini’s global sustainability offering framework. In October 2020, Radicle Group Inc., a carbon reduction solutions company based in Canada acquired Climate Smart Businesses Inc., for an undisclosed amount. Through this acquisition, Radicle Group aims to better address the needs of clients seeking to calculate emissions and then manage a carbon strategy to strengthen their business. Climate Smart Businesses is a Canada-based company that provides carbon footprint management services. North America was the largest region in the carbon footprint management market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the carbon footprint management report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the carbon footprint management market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The carbon footprint management market includes revenues earned by entities by providing software tools that are used to track organizations' carbon footprint to the roadmap to a more efficient business by reducing the consumption of fossil energy. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. 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. The carbon footprint management market research report is one of a series of new reports from The Business Research Company that provides carbon footprint management market statistics, including carbon footprint management industry global market size, regional shares, competitors with a carbon footprint management market share, detailed carbon footprint management market segments, market trends and opportunities, and any further data you may need to thrive in the carbon footprint management industry. This carbon footprint management market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Renewable energy refers to energy produced from natural energy sources, such as the sun and wind that are constantly replenished. Renewable energy is used for space and water heating and cooling, electricity generation, and transportation. Renewable energy causes less global warming, improved public health, inexhaustible energy, stable energy prices, reliability, and resilience. The main type of renewable energy is solar energy, wind energy, bioenergy, hydro energy, and geothermal energy. The solar energy type of renewable energy is an energy form that uses solar energy for powering a home, building, water heating, and solar lights, that comes in various capacities such as 0-1,000kwh, 1,100-5,000kwh, more than 5,000kwh, used by residential, commercial, industrial and utility. The global renewable energy market is segmented – 1) By Type: Solar Energy, Wind Energy, Bio Energy, Hydro Energy, Geothermal Energy 2) By Capacity: 0-1,000KWH, 1,100-5,000KWH, More than 5,000KWH 3) By End User: Residential, Commercial, Industrial, Utility The global renewable energy market size will grow from $952.85 billion in 2022 to $1035.69 billion in 2023 at a compound annual growth rate (CAGR) of 8.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global renewable energy is expected to grow to $1404.48 billion in 2027 at a CAGR of 7.9%. An increase in power consumption is expected to propel the growth of renewable energy. Global energy demand is rising due to increased industrial activity and technological advancements in developing and developed countries. Additionally, there is a rapid increase in energy consumption because of the growing world population, which implies growing energy requirements. Due to such an increase in the use of power, there is a need to produce renewable energy because of its improved energy security and reduced risk of fuel spills that emits no greenhouse gases from fossil fuels and decreases certain types of air pollution. For instance, According to Enerdata, the world energy, and climate statistics, the 2022 report states that global electricity consumption increased by +5.5% in 2021, after contracting by 0.7% in 2020 owing to the COVID-19 crisis. Furthermore, according to International Energy Agency, an intergovernmental organization, worldwide electricity demand will increase by about 5% in 2021 and 4% in 2022. Therefore, an increase in power consumption will drive the renewable energy market. Major players in the renewable energy market are ABB Ltd., Acciona Energia SA, EDF SA, Enel Group, General Electric Energy, Geronimo Energy, Innergex, Tata Power Company Limited, Xcel Energy Inc., Invenergy, Siemens Gamesa, First Solar Inc., Vestas Wind Systems AS, Duke Energy Corporation, National Grid Renewables, Iberdrola SA, Jinko Solar Holding Co Ltd., Canadian Solar Inc., and Orsted A/S. Technological advancement is a key trend gaining popularity in the renewable energy market. Renewable technologies are recognized as green energy sources. The effective utilization of these resources minimizes environmental consequences, produces minimal secondary waste, and is sustainable in light of present and projected economic and societal needs. Recently, the market has witnessed the use of bio-mass energy and dual-module solar systems that can significantly reduce greenhouse gas emissions. Major companies in the renewable energy market are advancing in their new technologies and research and development to sustain their market position. For instance, In March 2022, Gautam Solar, an India-based Solar panels manufacturer, launched a G-2X dual-generation monocrystalline technology solar modules. This Gautam Solar module provides power from both the front and back of the module, making it ideal for use in rooftop and ground-mounted solar power plants, creating an additional 10%- 30% extra power generation. The solar module's combined front and back efficiency go up to 25.72%. This G-2X mono series will save BOS and installation costs while increasing electricity generation by up to 30% in the same available space. In February 2022, Chevron Corporation, a US-based energy industry company, acquired Renewable Energy Group, Inc., for $3.15 billion. This acquisition enhances REG's rising renewable fuel production and superior feedstock capabilities combined with Chevron's significant production, distribution, and commercial marketing. Renewable Energy Group, Inc., is a US-based biodiesel production company. Asia-Pacific was the largest region in the renewable energy market in 2022. North America is expected to be the fastest-growing region in the renewable energy market share during the forecast period. The regions covered in the renewable energy market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the renewable energy market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The renewable energy market includes revenues earned by entities by nuclear energy, biomass and bioenergy, and applied energy. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. 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. The renewable energy market research report is one of a series of new reports from The Business Research Company that provides renewable energy market statistics, including the renewable energy industry global market size, regional shares, competitors with a renewable energy market share, detailed renewable energy market segments, market trends and opportunities, and any further data you may need to thrive in the renewable energy industry. This renewable energy market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Information technology (IT) is the use of computers, storage, networking and other physical devices, infrastructure and processes to create, process, store, secure and exchange all forms of electronic data. The main type of information technology (IT) are IT services, computer hardware, telecom, and software products. Computer hardware is the physical components that a computer system requires to function and encompasses everything within a PC or laptop. The services are used by large, small, and medium enterprises of financial services, retail and wholesale, manufacturing, healthcare and others. The global information technology (IT) market is segmented - 1) By Type: IT Services, Computer Hardware, Telecom, Software Products 2) By Organization Size: Large Enterprise, Small and Medium Enterprise 3) End User Industry: Financial Services, Retail & Wholesale, Manufacturing, Healthcare, Other End User Industries Subsegments Covered: Hardware Support Services, Software And BPO Services, Cloud Services, Computer Peripheral Equipment, Computer Storage Devices And Servers, Computers, Wireless Telecommunication Carriers, Wired Telecommunication Carriers, Communications Hardware, Satellite & Telecommunication Resellers, Operating Systems & Productivity Software Publishing, Database, Storage & Backup Software Publishing, Business Analytics & Enterprise Software, Video Game Software, Design, Editing & Rendering Software The global information technology (IT) market size grew from $8179.48 billion in 2022 to $8852.41 billion in 2023 at a compound annual growth rate (CAGR) of 8.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The information technology (IT) market is expected to grow to $11995.97 billion in 2027 at a CAGR of 7.9%. The demand for cloud computing services is expected to drive the demand for IT services during the forecast period. In the cloud computing model, data is stored on the internet by a cloud computing provider, who manages and operates data storage as a service. Many companies are now choosing applications hosted in the cloud for their day-to-day operations. For example, according to statistics provided by hostingtribunal.com, 60% of computing workloads were running in the public cloud in 2019. Similarly, 94% of enterprise workloads are expected to be processed by cloud data centers in 2021. Companies are also opting for cloud-based data storage, thus boosting the demand for IT services. Major companies in the information technology (IT) market include Apple, Microsoft, Verizon Communications, China Mobile, AT&T Inc., Huawei, Deutsche Telekom AG, Dell Technologies Inc., Samsung Electronics Co., Ltd. and Comcast Corporation. The outbreak of COVID-19 disease (COVID-19) has acted as a significant restraint on the information technology (IT) market share in 2020 as supply chains were disrupted due to trade restrictions and employees working for these establishments faced difficulties related to infrastructure and communication owing to lockdowns imposed by governments globally, forcing them to work from home. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China and spread globally, including Western Europe, North America, and Asia. Steps by national governments to contain the transmission have resulted in a decline in economic activity, with countries entering a state of 'lock down,' and the outbreak had a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the information technology (IT) market will recover from the shock across the forecast period as it is a 'black swan event and not related to ongoing or fundamental weaknesses in the market or the global economy. Over the past five years there has been an increasing prevalence of low cost open source alternatives. Open source has become a preferred platform for developing new technology. In the past, software publishers would open source software that was not making money, but now companies are open sourcing software to increase their presence and share in the market. Supabase, a YC-incubated startup that offers developers an open-source alternative, announced that it had raised a $6 million in funding to create new open-source tools. Asia-Pacific was the largest region in the information technology (IT) market in 2022. North America was the second largest region of the information technology (IT) market. The regions covered in the information technology (IT) industry analysis are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the information technology (IT) market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela and Vietnam. The information technology (IT) market consists of revenues earned by entities by providing IT services such as computer networking, broadcasting, systems design services and information distribution technologies like television and telephones and other equipment used during the process. The market value includes the value of related goods sold by the service provider or included within the service offering. The information technology (IT) market also includes sales of computers, computer peripherals and telecommunications equipment which are used in providing IT services. 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. Only goods and services traded between entities or sold to end consumers are included. 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. The information technology (IT) market research report is one of a series of new reports from The Business Research Company that provides information technology (IT) market statistics, including information technology (IT) industry global market size, regional shares, competitors with information technology (IT) market share, detailed information technology (IT) market segments, market trends and opportunities, and any further data you may need to thrive in the information technology (IT) industry. This information technology (IT) market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.