Green Tech Market Set to Triple by 2030

The global green technology and sustainability market is poised for rapid expansion, reflecting the growing urgency around climate action, regulatory compliance, and responsible business practices. According to a recent report by MarketsandMarkets, the market is projected to grow from USD 25.47 billion in 2025 to USD 73.90 billion by 2030, registering a robust compound annual growth rate (CAGR) of 23.7% during the forecast period.

This surge is being driven by a combination of regulatory pressure, investor scrutiny, and corporate commitments to net-zero and ESG goals. Governments worldwide are tightening environmental regulations, while enterprises face increasing demands from investors and consumers to demonstrate transparency, accountability, and measurable sustainability outcomes.

On the offering side, carbon accounting software, ESG reporting tools, and compliance and risk management platforms are seeing strong adoption. Organizations are moving away from manual reporting toward automated, data-driven systems that can track emissions, assess climate risks, and ensure regulatory alignment across geographies.

From an application perspective, sustainable supply chain and logistics solutions are gaining traction as companies seek to reduce Scope 3 emissions and improve resilience. At the same time, energy and emission reduction technologies—including smart energy management, renewable integration, and efficiency optimization—are becoming central to enterprise sustainability strategies.

Digital transformation is acting as a key enabler. Advances in AI, analytics, cloud platforms, and IoT are allowing companies to embed sustainability into core operations rather than treating it as a reporting exercise. This shift is turning sustainability from a cost center into a source of long-term value creation.

As climate risks intensify and disclosure norms evolve, green technology is emerging as a strategic imperative. The projected growth underscores a clear reality: sustainability is no longer optional—it is becoming foundational to future-ready business models.