How Big is the Clean Tech and Data Science Market?
This month we'll be talking about the market for Ecoinformatics or the intersection between Clean Tech and Data Science! To start with, let's look at some numbers for each sector independently. The clean technology market size has been variously estimated at between 2 and 6 trillion dollars over the last decade. A recent study published by the World Bank showed that the market size in 2012 was estimated at approximately $5.5 trillion . The main sectors are shown below (by percentage). In short, energy (solar, wind, energy efficiency, alternative fuels), agriculture and water make up the largest part of the clean tech scene with energy being the dominant player at this time. Each of these sectors is a multi-billion dollar sector in itself, so it isn't hard to see that data science use cases for each of these sectors will also constitute a multi-million dollar market at the least, if not more. The market size for data science is harder to estimate since it can c