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Green Technology & Sustainability Global Market Report 2024: Increasing Consumer and Industrial Interests in Clean Energy Resources to Conserve Environment

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DUBLIN, March 6, 2024 /PRNewswire/ — The “Global Green Technology & Sustainability Market by Offering (Solutions, and Services), Technology (IOT, Al & ML, Cloud Computing, Edge Computing, Digital Twin, Blockchain), Vertical (Manufacturing, Energy & Utilities) and Region – Forecast to 2030” report has been added to ResearchAndMarkets.com’s offering.

The global market for green technology and sustainability is projected to grow from USD 28.6 billion in 2024 to USD 134.9 billion by 2030, at a CAGR of 29.5% during the forecast period. Global businesses are undergoing a significant transformation by embracing green technology and sustainability initiatives. Key drivers include increasing environmental awareness, stringent regulations, and the pursuit of cost efficiencies. Companies are incorporating eco-friendly practices across their operations, from supply chain management to product development.

Renewable energy adoption, waste reduction strategies, and sustainable sourcing are becoming standard practices. Moreover, businesses are recognizing the competitive advantage of portraying a green image, attracting environmentally conscious consumers and investors. This shift towards sustainability is reshaping industries, fostering innovation, and aligning businesses with the growing global emphasis on environmental responsibility.

The retail & consumer goods vertical is projected to hold the largest CAGR during the forecast period

The retail and consumer goods sector is poised for significant growth in the green technology and sustainability space. This growth is driven by several key factors. There is a substantial increase in consumer demand for eco-friendly and sustainable products, particularly among the younger generations. This demand is pushing retailers to offer more sustainable options. Also, regulatory pressure is mounting, compelling retailers to integrate sustainability practices across their supply chains. Additionally, technological advancements and the adoption of sustainability-enhancing technologies are playing a pivotal role in making the retail sector more sustainable. These factors collectively point to a robust growth trajectory for the retail & consumer goods sector in the green technology & sustainability domain.

Among technology, IoT to account for the largest market during the forecast period

The Internet of Things (IoT) is significantly impacting the green technology and sustainability market. IoT is emerging as a viable technology for environmental sustainability solutions due to its ability to offer efficiency, accessibility, and real-time monitoring and control of environmental conditions. IoT devices can collect and share data, enabling the automation of smart decisions to reduce waste and environmental impact. In the context of green technology and sustainability, IoT is being used in various applications such as smart grids for optimizing electricity distribution, monitoring soil conditions in agriculture, and promoting sustainable farming practices. The IoT segment held a dominant market share in the green technology and sustainability market, and its ability to enhance resource efficiency and environmental monitoring positions it as a key player in driving the market’s growth.

Among Services, professional services is anticipated to account for the largest market share during the forecast period

Professional services firms are playing a crucial role in driving the growth of the green technology and sustainability market. According to SAP Insights, professional services firms are prioritizing measures that help them run more efficiently and reduce their environmental impact, such as office utilization and travel. They are also connecting sustainability to their overall service delivery and innovation strategies. Additionally, professional and managed services, including consulting, integration, deployment, support, and maintenance, are among the big growth areas in the market. Green IT consulting firms can help organizations mitigate transition risks in green IT and software adoption, and by nurturing a collaborative ecosystem of stakeholders within the value chain, organizations can benefit from green IT and software.

North America to account for the largest market size during the forecast period

The region’s growth can be attributed to its initiatives and investments in promoting sustainable policies and the purchase of sustainable products and services. Major players in the green technology and sustainability market, such as Microsoft, GE, IBM, Oracle, Engie Impact, and many more are based in North America. These companies are expanding their business presence globally by embracing various corporate mergers and partnerships. The North American Climate, Energy, and Environment Partnership encourages the adoption of sustainable policies and the purchase of sustainable products and services, prioritizing soil health, biodiversity, and ecosystem services. Overall, North America’s leadership in green technology & sustainability is driving the market’s growth and setting a global example for other regions to follow.

Key Topics Covered:

Executive Summary

Global Green Technology & Sustainability Market and Growth Rate, 2019-2023 (USD Million, Y-O-Y)Global Green Technology & Sustainability Market and Growth Rate, 2024-2030 (USD Million, Y-O-Y)Solutions Segment to Account for Larger Market During Forecast PeriodCloud Deployment Mode to Account for Larger Market Share During Forecast PeriodProfessional Services Segment to Account for Larger Market Share During Forecast PeriodConsulting Services Segment to Hold Largest Market During Forecast PeriodInternet of Things Segment to Account for Largest Market During Forecast PeriodEnergy & Utilities Segment to Account for Largest Market Share During Forecast PeriodNorth America to Account for Largest Market Share During Forecast Period

Premium Insights

Attractive Opportunities in Green Technology & Sustainability Market – Emergence of Advanced AI Technologies to Fuel Demand for Green Technology & Sustainability SolutionsOverview of Recession in Global Green Technology & Sustainability Market – Green Technology & Sustainability Market to Witness Minor Decline in Y-O-Y Growth in 2024Green Technology & Sustainability Market: Top Three Technologies, 2024-2030 – IoT Segment to Account for Largest Market Share During Forecast PeriodGreen Technology & Sustainability Market, by Offering and Key Vertical, 2024 – Solutions and Energy & Utilities Segments to Account for Significant Market Shares in 2024Green Technology & Sustainability Market, by Region, 2024 – North America to Account for Largest Market Share During Forecast Period

Market Dynamics

Drivers

Growing Environmental Awareness and ConcernsRise in Government Initiatives for Low-Carbon PoliciesIncreasing Consumer and Industrial Interests in Clean Energy Resources to Conserve EnvironmentSurging Demand for AI-Driven Recycling Technologies to Fuel Green Innovations and Sustainability

Restraints

High Costs for Deployment of Green Technology and Sustainability SolutionsLack of Robust Infrastructure

Opportunities

Rise in Initiatives to Tackle Climate Change and Air PollutionAdoption of Advanced Technologies Across IndustriesTransformation of IT and Telecom Infrastructure for Low Carbon Emissions

Challenges

Lack of Tailored Solutions to Address Unique Environmental IssuesLack of Regulations for Green TechnologyDynamic Nature of Consumer Preferences

Case Study Analysis

Engie Impact Guided Isbank to Build Energy-Efficient Data Centers to Attain SustainabilityArizona State Government Deployed Sensus’ Smart Solution to Improve Water InfrastructureSmart City of Varanasi in India Opted for Oizom Air Quality Monitoring Equipment to Reduce PollutionGE Helped Bord Gais Energy Reduce Unplanned DowntimeIndriati Hospital in Indonesia Implemented Schneider Electric’s Ecostruxure Solution to Attain SustainabilityEnviance System Helped Koch Fertilizer Centralize Documentation and Deploy New Internal Programs FasterJCB Manufacturing Plant in India Opted for Oizom Dust Monitoring Solutions for Better Working EnvironmentOizom’s Polludrone Smart Solution Helped Mumbai-based Palava City Achieve Real-Time Air Quality MonitoringHavertys Furniture Company Opted for Engie Impact Data-Driven Energy Management Strategy to Establish Sustainability

Technology Analysis

Key Technologies

AI & MLCloud ComputingInternet of ThingsBig Data Analytics

Complementary Technologies

Smart Sensor TechnologiesRenewable Energy StorageSustainable Manufacturing

Adjacent Technologies

Blockchain3D PrintingDigital TwinNanotechnology

Business Models of Green Technology & Sustainability Market

Digital Marketplaces ModelSharing Economy ModelProduct-As-A Service ModelReuse and Recycling Services ModelEnvironmental Credits and Carbon Markets Model

Companies Profiled

GEIBMSalesforceMicrosoftSchneider ElectricWolters KluwerSAPSiemensOracleSensusEngie ImpactAWSGoogleABB LtdHuaweiBt GroupUl SolutionsDiligentIdeagenAmcs GroupCorityIntelexTreeniIsometrixConsensysCropx TechnologiesHortauPycnoWintEnvirosoftTrace GenomicsTaranisOizomTreevia Forest TechnologiesFactlinesEnechange LtdEcocartAquipor Technologies

For more information about this report visit https://www.researchandmarkets.com/r/5yerbo

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

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Faculty Launches Frontier Plug-in Marketplace, Accelerating How Organisations Build and Scale Decision Intelligence

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Frontier’s latest release equips technical teams with modular plug-ins – expanding platform capabilities and strengthening integration with existing enterprise tools.

LONDON, April 23, 2026 /PRNewswire/ — Faculty, the developer of the Decision Intelligence platform, Faculty Frontier™, today announced the launch of the Frontier Plug-in Marketplace, a new capability that extends the Frontier platform with a curated, open ecosystem of modular plug-ins. Available to all Frontier customers, the marketplace enables teams to discover, adopt, and contribute plug-ins directly within existing deployments, with no refactoring required.

“In the AI era, the organisations that will win are those that improve decision-making at scale,” said Andy Brookes, Chief Technology Officer and Co-Founder of Faculty. “The Frontier Plug-in Marketplace is how we ensure that advantage compounds – enabling teams to reuse proven capabilities, share innovations, and apply them safely and consistently across the organisation.”

Scaling AI across the enterprise remains one of the most complex challenges facing organisations today. As AI programmes expand beyond initial deployments, teams struggle to maintain consistency, move at pace, and maximise the value of their technology investments. Without a standardised way to share and reuse proven capabilities, ROI slows and the gap between AI ambition and enterprise reality widens. The launch of the Plug-in Marketplace within Faculty Frontier™ directly addresses this challenge.

A Curated Library of Modular Capabilities
The Plug-in Marketplace gives teams access to a curated library of modular capabilities – spanning data ingestion, MLOps pipelines, decision management, validation tooling, and more – all accessible directly within their existing Frontier environment.

An Open Ecosystem, Built to Scale
The marketplace is designed to grow with the organisations using Frontier. Beyond consuming what’s available, technical teams can build and share their own plug-ins – retaining full control of what they contribute.

Every plug-in is reviewed and versioned by Faculty, giving teams the confidence to adopt quickly, upgrade on their own terms, and focus on what matters: improving the decisions that drive enterprise performance, rather than managing infrastructure.

What This Means for Technical Teams
For the data scientists, data engineers, ML engineers, and decision engineers at the heart of Frontier deployments, the marketplace delivers an immediate and tangible shift in how work gets done:

Proven, reusable capabilities adopted in minutes, not daysNo need to rebuild what others have already solvedA consistent, maintained foundation across every Frontier deploymentAbility to build, share, and contribute capabilities back to the wider Frontier communityA clear upgrade path as new capabilities are added

Availability
The Frontier Plug-in Marketplace is available to all Frontier customers. To explore how your team can begin with the marketplace, speak to your Frontier solutions engineer. New to Frontier? Visit faculty.ai/frontier to learn how organisations are using Decision Intelligence to transform performance and scale AI across the enterprise.

About Faculty
Founded in 2014, Faculty is one of Europe’s longest standing applied AI companies. Our suite of AI products spans everything organisations need to access frontier AI and get it into the hands of their frontline teams to support their most important work. Faculty is also the developer of Faculty Frontier™, a Decision Intelligence Platform used by some of the world’s most trusted brands to transform decision-making at scale.

Widely recognised as a leader in AI safety, we work for the world’s leading AI labs, such as OpenAI, Anthropic and Meta, to ensure their latest models are safe, human-led and explainable. Our PhD-heavy team of deep AI experts has delivered hundreds of real-world AI products to improve critical public services and drive sustained economic returns across every sector of the economy. Headquartered in London, Faculty remains founder-led following its acquisition by Accenture in 2026.

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Tuniu Discloses Cash Dividend to Holders of ADSs

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NANJING, China, April 23, 2026 /PRNewswire/ — Tuniu Corporation (NASDAQ: TOUR) (“Tuniu” or the “Company”), a leading online leisure travel company in China, today disclosed that the cash dividend of US$1.197 per American depositary shares (“ADSs”) will be paid to holders of ADSs of record as of the close of business on May 4, 2026, U.S. Eastern Time, based on the current ratio of its ADSs to its Class A ordinary shares, pursuant to the cash dividend totaling approximately US$13 million as the previously declared by the Company on March 20, 2026.

The Company changed the ratio of its ADSs to its Class A ordinary shares (the “ADS Ratio Change”) from the previous ratio of one (1) ADS representing three (3) Class A ordinary shares to current ratio of one (1) ADS representing thirty (30) Class A ordinary shares, effective April 22, 2026.

In light of the ADS Ratio Change, the dividend amount on a per ADS basis was not disclosed in the previous announcement and would be disclosed separately after the ADS Ratio Change took effect. The dividend to holders of ADSs will be US$1.197 per ADS and is expected to be paid on or about May 20, 2026 through the depositary bank, subject to the terms of the deposit agreement. Dividend payment to holders of ordinary shares remains the same as previously announced.

About Tuniu

Tuniu (Nasdaq: TOUR) is a leading online leisure travel company in China that offers integrated travel service with a large selection of packaged tours, including organized and self-guided tours, as well as travel-related services for leisure travelers through its website tuniu.com and mobile platform. Tuniu provides one-stop leisure travel solutions and a compelling customer experience through its online platform and offline service network, including a dedicated team of professional customer service representatives, 24/7 call centers, extensive networks of offline retail stores and self-operated local tour operators. For more information, please visit http://ir.tuniu.com

Safe Harbor Statement

This press release contains forward-looking statements made under the “safe harbor” provisions of Section 21E of the Securities Exchange Act of 1934, as amended, and the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident” and similar statements. Tuniu may also make written or oral forward-looking statements in its reports filed with or furnished to the U.S. Securities and Exchange Commission, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Any statements that are not historical facts, including statements about Tuniu’s beliefs and expectations, are forward-looking statements that involve factors, risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Such factors and risks include, but are not limited to the following: Tuniu’s goals and strategies; the growth of the online leisure travel market in China; the demand for Tuniu’s products and services; its relationships with customers and travel suppliers; Tuniu’s ability to offer competitive travel products and services; Tuniu’s future business development, results of operations and financial condition; competition in the online travel industry in China; government policies and regulations relating to Tuniu’s structure, business and industry; the impact of health epidemics on Tuniu’s business operations, the travel industry and the economy of China and elsewhere generally; and the general economic and business condition in China and elsewhere. Further information regarding these and other risks, uncertainties or factors is included in the Company’s filings with the U.S. Securities and Exchange Commission. All information provided in this press release is current as of the date of the press release, and Tuniu does not undertake any obligation to update such information, except as required under applicable law.

 

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MongoDB Announces €74M Ireland Expansion, 200 Jobs, and New Cork Office

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Investing €74M to expand MongoDB’s Irish operations across engineering and AI developmentCreating ~200 new jobs by 2027, growing Irish workforce by 50%+ to 500+ employees across Dublin International HQ and new Cork officeHelping 65,200+ customers move AI from experimentation to production at scale

DUBLIN, April 23, 2026 /PRNewswire/ — MongoDB, Inc. (NASDAQ: MDB) is expanding its Irish operations through a €74 million investment in engineering, AI development, and operational growth. As part of this expansion, the company plans to grow its Irish hybrid workforce by more than 50% by 2027, creating approximately 200 new roles across engineering, product development, and customer-facing teams. Ireland’s focus on “Applied AI” aligns closely with MongoDB’s role in helping 65,200+ global customers move from AI experimentation into real-world production. Anchored by its international headquarters in Dublin and a new office in Cork, the company is deepening its investment in local talent and ongoing university partnerships under the leadership of newly appointed Vice President of Product and Technology, Donal Walsh.

CJ Desai, President and Chief Executive Officer, MongoDB, said: “Ireland is an important market for MongoDB, home to exceptional talent, great customers, and the right environment to scale our global business. Our teams here are central to how we innovate for and serve our world-class customer base.

As organizations move from experimentation to building agentic AI applications in production, they need a data platform that can handle the complexity of real-world data and deliver highly accurate retrieval when the stakes are high. This investment in Ireland advances our mission to do exactly that — building the unified data platform our customers need for modern, multi-cloud, and AI applications.”

The investment expands engineering and customer teams in Ireland that build and support MongoDB’s modern data platform, used by organizations worldwide. These teams help customers develop secure AI-powered applications on a flexible data foundation that runs across cloud, hybrid, or on-premises environments, while supporting their efforts to meet Europe’s evolving regulatory requirements around data protection, security, and the EU AI Act.

Minister Peter Burke, Department of Enterprise, Tourism and Employment, Government of Ireland, said: ”I warmly welcome MongoDB’s decision to expand its Irish operations through a €74 million investment, creating 200 high-quality jobs and establishing a new office presence in Cork. This announcement is a strong endorsement of Ireland’s ability to attract and grow global technology leaders in areas such as engineering and applied AI.

Ireland’s focus on innovation, skills development, and regional growth continues to resonate with companies operating at the forefront of digital transformation. MongoDB’s ongoing commitment to Ireland, supported by IDA Ireland, highlights the depth of our talent pool and the strength of our collaboration between industry, government, and higher education. I wish MongoDB every success as it continues to expand its footprint here.”

Dónal Travers, Executive Director, IDA Ireland, said: ”I would like to congratulate MongoDB on this significant investment of €74 million in Ireland, which will result in 200 new jobs, and the opening of a new office in Cork. Ireland is now a recognized European location for companies seeking to build their applied capabilities in artificial intelligence, a key growth driver in IDA’s strategy. We are delighted to support MongoDB’s innovation goals and look forward to a continued partnership in the years ahead.”

Paul Sweetman, Chief Executive, American Chamber of Commerce Ireland (AmCham), said: “I want to congratulate MongoDB on the announcement of its €74 million expansion in Ireland. This significant investment, with its strong focus on AI, underscores Ireland’s position as a hub for advanced engineering, innovation, and next-generation technologies, and highlights the strength of the country’s deep and collaborative talent ecosystem. It also reflects the continued confidence of US companies in Ireland as a location for high-value investment and growth. US companies already employ hundreds of thousands of people across Ireland, and recent AmCham surveys point to sustained confidence among members, with many planning further investment in areas such as AI, R&D, and digital transformation. This announcement is a clear example of how that confidence is translating into real investment and job creation.”

Established in 2013, MongoDB Dublin has long played a pivotal role in helping the company achieve its mission of empowering innovators to create, transform, and disrupt industries by unleashing the power of software and data. From the energy of MongoDB’s Dublin headquarters to the new collaborative space in Cork, the company has created an environment where people can see the real impact of their work. At MongoDB, employees are empowered to make a difference from day one, supported by a culture built on clarity and trust and a firm belief that every voice matters as the company shapes the future of software.

MongoDB serves more than 65,200 customers worldwide, including Anthropic, Eleven Labs, TUI, Vodafone, Decathlon, Lombard Odier, Financial Times, L’Oréal Groupe, and Volvo Connect, and counts around 75% of the Fortune 100 among its clients. The company established its EMEA headquarters in Dublin in 2013 as part of an aggressive growth plan, starting with customer and technical support. Its presence in Ireland continues to expand, with more than 13,500+ developers listing MongoDB as a skill on LinkedIn across the country. For new open roles, visit: https://www.mongodb.com/company/careers

About MongoDB

Headquartered in New York, MongoDB’s mission is to empower innovators to create, transform, and disrupt industries with software. MongoDB’s unified database platform was built to power the next generation of applications, and MongoDB is the most widely available, globally distributed database on the market. With integrated capabilities for operational data, search, real-time analytics, and AI-powered data retrieval, MongoDB helps organizations everywhere move faster, innovate more efficiently, and simplify complex architectures. Millions of developers and more than 65,200+ customers across industries – including ~75% of the Fortune 100 – rely on MongoDB for their most important applications. To learn more, visit mongodb.com.

Forward-Looking Statements

This press release includes certain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, or the Securities Act, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements concerning MongoDB’s investment in Ireland. These forward-looking statements reflect our current views about our plans, intentions, expectations, strategies and prospects, which are based on the information currently available to us and on assumptions we have made. Actual results may differ materially from those described in the forward-looking statements and are subject to a variety of assumptions, uncertainties, risks and factors that are beyond our control including those risks detailed under the caption “Risk Factors” and elsewhere in our Securities and Exchange Commission filings and reports, including the Annual Report on Form 10-K for the fiscal year ended January 31, 2026, as well as future filings and reports by us. Except as required by law, we undertake no duty or obligation to update any forward-looking statements contained in this release as a result of new information, future events, changes in expectations or otherwise.

Contacts

Investors

ir@mongodb.com

Media

press@mongodb.com

 

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