PUBLISHER: Allied Market Research | PRODUCT CODE: 1108590
PUBLISHER: Allied Market Research | PRODUCT CODE: 1108590
Carbon footprint management systems can assist businesses and industries to reduce and offer their carbon footprints by improving their energy efficiency, utilizing renewable energy, raising awareness, focusing on environmental projects, and paying green taxes. Moreover, carbon footprint management solutions can help businesses save on taxes by helping them improve their energy consumption using specialized AI and data analytics algorithms.
The growing drive for sustainability and greener alternatives for everyday energy requirements and rise in fear of climate change propel the growth of the global carbon footprint management market. However, complex infrastructure requirements and higher costs can hamper the carbon footprint management market during the forecast period. On the contrary, growing advancements in the field of artificial intelligence and data analytics provide a more efficient way of managing carbon footprint, which is expected to offer remunerative opportunities for expansion of the carbon footprint management market during the forecast period.
The carbon footprint management market is segmented on the basis of component, deployment mode, industry vertical, and region. On the basis of component, the market is divided into solution and service. Depending on deployment mode, the market is classified into on premise and cloud. By industry vertical, the market is segmented into energy and utilities, manufacturing, residential and commercial buildings, transportation and logistics, and IT and telecom. Region-wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The global carbon footprint management market is dominated by key players, such as Carbon Footprint Ltd., Dakota Software Corporation, ENGIE, IsoMetrix, IBM, ProcessMAP, General Electric, Salesforce, SAP, and Wolters Kluwer N.V. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.
By Component
By Deployment Mode
By Industry Vertical
By Region