Environmental Intelligence Platform Market size was valued at USD 703.59 Million in 2023 and is set to cross USD 3.56 Billion by the end of 2036, expanding at more than 13.3% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of environmental intelligence platform is estimated at USD 787.81 Million. The growth of this market may be attributed to the rising air pollution and the health problems it causes. According to WHO, 9 out of 10 people breathe air that is polluted at a high rate, and estimates that air pollution is causing alarming scenarios worldwide.
The increasing CO2 emission on account of growing awareness to reduce carbon emission and the befits of globalizing supply chain networks are estimated to drive the market growth. The EIP has gained popularity among nations due to its features such as real-world application. It is useful in monitoring disruptive environmental factors, forecasting possible weather and climate change effects, collecting knowledge, tracking and summarizing environmental actions, and others.
Author Credits: Dhruv Bhatia
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