IoT-Powered Sustainability Management Market Size:
The IoT-powered sustainability management market is expected to show steady growth in the forecasted timeframe.
The IoT-powered sustainability management market is rapidly expanding. This is because organisations are using connected devices to meet environmental goals and regulatory requirements. Internet of Things (IoT) devices enable real-time monitoring across various systems. These systems include energy, water, waste, transportation, and manufacturing. Sectors like manufacturing and logistics use Industrial IoT for energy optimisation and supply chain transparency. Smart cities are using IoT to manage traffic flow and reduce energy consumption, which is further leading to market growth.
Energy management platforms help in the integration of renewables. This platform helps in achieving the net-zero target. There are a number of drivers leading to the growth of this market. These drivers include rapid urbanisation, government mandates, and the development of smart infrastructure. This market is also facing challenges such as data fragmentation, lack of interoperability, and cybersecurity risks. Overall, this market is responsible for the growth of both digital innovation and the environment.
IoT-Powered Sustainability Management Market Overview & Scope:
The IoT-powered sustainability management market is segmented by:
- Component: Software holds a considerable share of the IoT-powered sustainability management market, as organisations increasingly rely on advanced analytics, carbon footprint tracking, and sustainability management platforms to optimise resource use and meet regulatory requirements. These software solutions enable real-time data visualisation, predictive maintenance, and automated reporting, empowering companies to make data-driven decisions that enhance their sustainability performance. Additionally, the integration of AI and machine learning within these platforms is driving more accurate forecasting and improved energy efficiency across industries.
- Enterprise Size: Large enterprises play a major role in the IoT-powered sustainability management market, leveraging extensive resources to implement advanced IoT solutions for comprehensive energy monitoring, emissions tracking, and sustainability reporting across their complex operations. Their scale allows them to invest in cutting-edge technologies and integrate IoT systems across multiple facilities and supply chains.
- Application: Water management holds a substantial share of the IoT-Powered Sustainability Management Market due to its critical role in optimising resource use, reducing waste, and ensuring environmental compliance
- End User: Energy and utilities hold a substantial share of the IoT-powered sustainability management market, driven by the sector's critical need for real-time energy monitoring, smart grid management, and efficient resource utilisation to reduce carbon emissions and improve operational efficiency. The integration of IoT technologies enables utilities to detect faults quickly, optimise energy distribution, and better manage renewable energy sources like solar and wind. Additionally, IoT-powered demand response systems help balance supply and demand dynamically, supporting grid stability and reducing wastage.
- Region: The Asia-Pacific IoT-powered sustainability management market is witnessing rapid growth. This is due to increasing investments in smart cities, industrial digitisation, and energy-efficient technologies. Countries like India and China are using IoT to optimise energy use, reduce emissions, and enhance operational efficiency. This market has applications in sectors like manufacturing, transportation, and utilities.
Top Trends Shaping the IoT-powered Sustainability Management Market
1. Expansion of Smart City Initiatives: Governments of different countries are heavily investing in smart city projects that leverage IoT for sustainable urban development.
2. Rise of Industrial IoT (IIoT) for Green Manufacturing: Manufacturers are increasingly adopting IIoT technologies to improve operational efficiency and reduce environmental impact.
3. Integration of Renewable Energy and Smart Energy Management: There is a growing emphasis on integrating renewable energy sources like solar and wind with IoT-powered energy management platforms.
IoT-Powered Sustainability Management Market Growth Drivers vs. Challenges
Drivers:
- Government Regulations and Climate Commitments: One of the key drivers of the IoT-powered sustainability management market is government regulations and climate commitments. Governments are enforcing stricter environmental regulations and setting ambitious climate goals aligned with global agreements like the Paris Accord, which is driving organisations across industries to accelerate their adoption of sustainable technologies and practices. According to UNFCC, the Paris Agreement states that to limit global warming to 1.5°C, as outlined in the IPCC’s climate goals, global greenhouse gas emissions must peak before 2025 at the latest and decline by 43% by 2030.
- Rapid Urbanisation and Infrastructure Modernisation: Another key driver of the IoT-powered sustainability management market is rapid urbanisation and infrastructure modernisation. Cities are turning to IoT technologies to manage traffic congestion, reduce pollution, and enhance resource efficiency. According to the World Bank, India’s towns and cities will be home to 600 million people, or 40 per cent of the population, by 2036, up from 31 per cent in 2011, with urban areas contributing almost 70 per cent to GDP.
Challenges:
- Interoperability: One major challenge facing the IoT-powered sustainability management market is the fragmented infrastructure and data interoperability issues. This disparity creates inconsistencies in data collection, processing, and sharing, making it difficult to implement region-wide sustainability solutions. Moreover, the absence of common standards and protocols among different IoT devices and platforms results in siloed systems that cannot communicate effectively. These interoperability gaps hinder the scalability of smart solutions for energy management, emissions tracking, and environmental monitoring. To overcome the challenge, there is a need for huge investments and collaborations among countries.
IoT-Powered Sustainability Management Market Regional Analysis:
IoT-Powered Sustainability Management Market Competitive Landscape:
The market has many notable players, including IBM, Schneider Electric SE, SAP SE, IotaComm, Siemens AG, Blue Pillar, Microsoft Corporation, Software AG, Schréder, WiseConn Engineering, among others.
- Sustainable Solutions Partner Program by Digital Matter: In January 2025, Digital Matter's IoT solutions will play a vital role in helping organisations drive impactful sustainability outcomes. In recognition of these efforts, they introduced the Sustainable Solutions Partner Program, which is a dedicated initiative for registered non-profits, universities, and research institutions working in the conservation and sustainability sectors.
IoT-Powered Sustainability Management Market Scope:
| Report Metric |
Details |
| Study Period |
2021 to 2031 |
| Historical Data |
2021 to 2024 |
| Base Year |
2025 |
| Forecast Period |
2026 – 2031 |
| Report Metric |
Details |
| Growth Rate |
CAGR during the forecast period |
| Study Period |
2020 to 2030 |
| Historical Data |
2020 to 2023 |
| Base Year |
2024 |
| Forecast Period |
2025 – 2030 |
| Forecast Unit (Value) |
USD Billion |
| Segmentation |
- Component
- Enterprise Size
- Application
- End User
- Geography
|
| Geographical Segmentation |
North America, South America, Europe, Middle East and Africa, Asia Pacific |
| List of Major Companies in the IoT-Powered Sustainability Management Market |
- IBM
- Schneider Electric SE
- SAP SE
- IotaComm
- Siemens AG
|
| Customization Scope |
Free report customization with purchase |
IoT-Powered Sustainability Management Market Segmentation:
By Component
By Enterprise Size
- Large Enterprises
- Small and Medium Enterprises (SMEs)
By Application
- Water Management
- Energy Management
- Smart Agriculture & Farming
- Others
By End User
- Energy and Utilities
- Agriculture
- Healthcare
- Manufacturing
- Others
By Region
- North America
- South America
- Europe
- United Kingdom
- Germany
- France
- Italy
- Spain
- Others
- Middle East & Africa
- Asia Pacific
- China
- India
- Japan
- South Korea
- Thailand
- Others
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