Environmental Monitoring Market : Meticulous Research® Reveals Why This Market is Growing at a CAGR of 7.0% to Reach $25.95 Billion by 2028
Meticulous Research®, in its latest publication on the environmental monitoring market, states that the global market is expected to grow at a CAGR of 7.0% from 2021 to 2028 to reach $25.95 billion by 2028.
The growth of the global environmental monitoring market is mainly attributed to increasing government funding towards environmental sustainability, development of policies and initiatives to reduce environmental pollution levels, rising installations of environmental monitoring stations, and increased adoption of environmental monitoring products by the public and private companies. In addition, the use of IoT technology and nanotechnology provides lucrative opportunities for the market’s growth. However, trade barriers on environmental technologies in the emerging economies and slow adoption and implementation of pollution control policies hinder the market’s growth.
Read the full article here: https://www.digitaljournal.com/pr/environmental-monitoring-market-meticulous-research-reveals-why-this-market-is-growing-at-a-cagr-of-7-0-to-reach-25-95-billion-by-2028-2#ixzz7IsmurCEU