Global AI in Climate Change Mitigation Market size is valued at USD 16.7 Bn in 2024 and is predicted to reach USD 80.6 Bn by the year 2034 at a 17.3% CAGR during the forecast period for 2025-2034.
The primary emphasis of the worldwide AI in climate change mitigation market is the application of AI to fight climate change and mitigate its consequences through data analysis. Artificial intelligence enables the use of renewable energy sources, analysis and control of energy consumption, and measurements of carbon footprint. This industry plays a significant role in addressing environmental issues by promoting global climate change initiatives and facilitating environmentally friendly manufacturing operations.
The steady growth of the AI in climate change mitigation market is being driven by the development of AI technology and the rising need for practical solutions to climate change. Moreover, the market is expected to rise due to the increased global push for carbon neutrality, particularly in regions with stringent environmental legislation, such as North America and Europe. Additionally, as businesses worldwide embrace AI-based solutions for climate change, the global market for AI in climate change mitigation is expected to develop significantly in the near future. More people are aware of environmental issues and international trade, including the Paris Agreement, which is pressuring governments and businesses globally to explore ways to utilize AI to reduce carbon dioxide emissions and increase energy efficiency. Future market growth is predicted to be the outcome of this shift.
However, the high upfront costs associated with implementing AI solutions, data privacy concerns, and the energy needed to power big data AI systems are a few of the AI in climate change mitigation market's problems. Stakeholders are adopting more sustainable technologies, though, as a result of growing awareness of the long-term economic and environmental effects of AI adoption. On the other hand, it is anticipated that the AI in climate change mitigation market will be dominated by robust collaboration among governments, business enterprises, and environmental non-governmental organizations.
Competative Landscape:
List of Prominent Players in the AI in Climate Change Mitigation Market are:
- Amazon Web Service
- IBM Corporation
- Siemens
- DeepMind
- C3.Ai
- Predikto
- Elemental Excelerator
- Microsoft
- Tesla
- Carbon Clean Solutions
- Enel
- Schneider Electric
- Xpansiv
- Autogrid
Market Segmentation:
The AI in Climate Change Mitigation market is segmented based on component, deployment mode, application, and end-user. Based on component, the market is segmented into Services, Hardware, and Software. By deployment mode, the market is segmented into Cloud-Based and On-Premises. By application, the market is segmented into Energy Optimization, Carbon Footprint Management, Climate Risk Assessment, and Sustainable Agriculture. By end-user, the market is segmented into Construction, Energy & Utilities, Agriculture, Transportation, Government and Public Sectors.
Based On The Application, The Energy Optimization Segment Is Accounted As A Major Contributor To The AI In Climate Change Mitigation Market
The Energy Optimization category is expected to hold a major global market share in 2021 as nations and businesses put more emphasis on energy system optimization in order to lower greenhouse gas emissions and improve energy efficiency. In addition to managing demand-response mechanisms, integrating renewable energy sources, and enhancing the overall resilience and sustainability of energy infrastructure, artificial intelligence (AI) technologies are crucial for optimizing energy generation, distribution, and consumption. The market for AI in climate change mitigation is expected to grow due to increasing investments in smart grid technologies, energy-efficient solutions, and renewable energy projects, which will in turn drive demand for AI-driven energy optimization tools and services.
Government And Public Sectors Segment To Witness Growth At A Rapid Rate
The AI in climate change mitigation market was led by the government and public sectors segment due to the important role that public institutions and government agencies play in advancing policy initiatives, providing financing for research projects, and implementing mitigation and adaptation plans for climate change. Additionally, as governments worldwide recognize the urgency of combating climate change, they are investing in AI technologies to enhance disaster preparedness, urban planning, environmental monitoring, and sustainable development initiatives. This area of the in AI in climate change mitigation market has grown as a result of the public sector's embrace of AI solutions, which has been fueled by the robust backing and financing provided by government agencies.
In The Region, The North American AI In Climate Change Mitigation Market Holds A Significant Revenue Share
The North American AI in Climate Change Mitigation market is expected to register the highest market share in revenue in the near future, owing to its investment in AI research and development and cutting-edge machinery. The emergence of new climate modelling methodologies is accelerated by the existence of large and mid-sized technological companies as well as the massive investment in AI in climate change mitigation technologies. In addition, the Asia Pacific is projected to grow rapidly in the global AI in Climate Change Mitigation market due to stringent climate regulations, the EU Green Deal, and the development of artificial intelligence in agriculture and the energy sector. Two excellent examples of countries utilizing AI to integrate renewable energy and monitor carbon levels are Germany and the United Kingdom. Additionally, the focus on renewable energy and smart city initiatives in Germany strengthens the argument for this viewpoint.
AI in Climate Change Mitigation Market Report Scope:
|
Report Attribute |
Specifications |
|
Market Size Value In 2024 |
USD 16.7 Bn |
|
Revenue Forecast In 2034 |
USD 80.6 Bn |
|
Growth Rate CAGR |
CAGR of 17.3% from 2025 to 2034 |
|
Quantitative Units |
Representation of revenue in US$ Mn and CAGR from 2025 to 2034 |
|
Historic Year |
2021 to 2024 |
|
Forecast Year |
2025-2034 |
|
Report Coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
|
Segments Covered |
By Component, Deployment Mode, Application, And End-User |
|
Regional Scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
|
Country Scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; The UK; France; Italy; Spain; China; Japan; India; South Korea; Southeast Asia; South Korea; South East Asia |
|
Competitive Landscape |
Amazon Web Service, Google, IBM Corporation, Siemens, DeepMind, C3.Ai, Predikto, Elemental Excelerator, Microsoft, Tesla, Carbon Clean Solutions, Enel, Schneider Electric, Xpansiv, and Autogrid. |
|
Customization Scope |
Free customization report with the procurement of the report and modifications to the regional and segment scope. Particular Geographic competitive landscape. |
|
Pricing and Available Payment Methods |
Explore pricing alternatives that are customized to your particular study requirements. |
Corporate
Office :
Office No.5170, 5th Floor Marvel Fuego, Magarpatta Rd, Pune, 411028
info@insightaceanalytic.com
