Energy as a Service Market Size Projected to Hit $147.56 billion at CAGR 11.1% by 2029

Pune, India, June 02, 2023 (GLOBE NEWSWIRE) — According to a report published by Fortune Business Insights, the global energy as a service market size is projected to grow significantly during the forecast period, with the global market size increasing from USD 70.46 billion in 2022 to USD 147.56 billion by 2029, at a CAGR of 11.1%. The market size was valued at USD 64.34 billion in 2021, with North America accounting for USD 28.49 billion. The growth of the industry is expected to be driven by factors such as lower energy costs, reduced carbon emissions, and a growing demand for renewable energy sources. This information is presented by Fortune Business Insights™ in its report titled “Energy as a Service Market, 2022-2029.”

(GlobeNewsWire)