Green Technology and Sustainability Market Surges to $73.90 billion by 2030

The global green technology and sustainability market is projected to grow from $25.47 billion in 2025 to $73.90 billion by 2030, representing a robust compound annual growth rate of 23.7%. This expansion is driven by the convergence of corporate responsibility, tightening regulatory mandates like the EU’s Corporate Sustainability Reporting Directive, and the increasing economic viability of eco-friendly solutions. For the clean energy and sustainability sector, this trend highlights a critical shift toward data-driven accountability and the integration of advanced technologies to manage carbon footprints.

According to a report from MarketsandMarkets Research, the green technology and sustainability market is poised for substantial expansion as businesses across industries integrate eco-friendly technologies to enhance operational efficiency and lower long-term costs. The market is increasingly influenced by circular economy models that emphasize recycling, reuse, and waste reduction, driving innovation in sustainable materials. As resource scarcity and climate-related risks intensify, companies are prioritizing sustainability-driven innovation and leveraging green financing mechanisms to accelerate the transition toward clean energy and responsible consumption.

A major shift in the landscape is the emergence of AI-driven carbon accounting frameworks and supply chain traceability tools, which are currently the fastest-growing segments. These tools utilize blockchain, IoT, and AI to track product lifecycles, verify ethical sourcing, and analyze real-time data across supply chains to identify inefficiencies. This technological shift aligns with stricter global reporting standards, such as the EU’s Corporate Sustainability Reporting Directive (CSRD), which mandates transparent carbon disclosures and helps organizations minimize greenwashing risks while enhancing investor confidence.

The market is also seeing significant growth in applications for carbon neutrality and climate strategy, as businesses invest in carbon offsets and renewable energy to achieve net-zero targets. Furthermore, AI-powered contract intelligence is becoming vital for sectors such as BFSI, healthcare, and IT to manage the complex legal requirements of sustainability. These tools streamline the creation and review of thousands of agreements, ensuring compliance with evolving regulations like the EU AI Act and GDPR while reducing the time and costs associated with manual legal oversight.