North American Market Statistics
North America industry is likely to dominate majority revenue share of 37% by 2037, owing to the greenhouse gas emission in the developed countries which is supported by the industrial development in the region. The market is anticipated to grow 2.5X within the anticipated time frame. Moreover, there has been a high number of suppliers and favorable government regulations in North America region.
APAC Market Forecast
The environmental intelligence platform market in the Asia Pacific region is estimated to witness a significant share of 30% in the projected period. This region is expected to grow as they regularly predict the potential impacts of weather and climate change. Furthermore, there is the presence of a large population in the region, which requires transportation for the movement of goods. The Chinese market for environmental intelligence is expected to have a market share of 46 % in the Asia Pacific region. As per sources, India will increase its non-fossil energy capacity to around 510 GW. By 2030, India will use renewable energy to cover about 50% of its energy needs and plans to cut its carbon emissions by 2030.
Author Credits: Dhruv Bhatia
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