PUBLISHER: Grand View Research | PRODUCT CODE: 1814126
PUBLISHER: Grand View Research | PRODUCT CODE: 1814126
The global ESG software market size was estimated at USD 1.08 billion in 2024 and is projected to reach USD 5.59 billion by 2033, growing at a CAGR of 20.7% from 2025 to 2033. The market is rapidly expanding as organizations are increasing efforts to embed environmental, social, and governance considerations into core strategic and operational frameworks.
The shift is driven by mounting regulatory requirements, investor scrutiny, and stakeholder expectations compelling businesses to move beyond fragmented, spreadsheet-based ESG tracking to unified, audit-ready digital platforms. Enterprises across sectors such as financial services, energy, manufacturing, and consumer goods are adopting ESG software to streamline data collection, automate disclosures, and drive measurable sustainability outcomes. Cloud-native ESG platforms are increasingly favored for their scalability, real-time analytics, and integration capabilities with existing ERP, EHS, and GRC systems. For instance, firms are deploying ESG reporting tools that automatically map operational data to frameworks such as GRI, SASB, TCFD, and CSRD, reducing manual reporting burdens while enhancing transparency and compliance readiness.
The market is further shaped by the convergence of AI, IoT, and advanced data governance capabilities within ESG software ecosystems. AI-powered solutions are being leveraged to detect ESG data anomalies, forecast emissions trajectories, and assess supplier risks, while IoT sensors provide real-time insights into energy consumption, waste generation, and resource utilization. For instance, manufacturers are integrating ESG platforms with IoT-enabled energy meters and water usage trackers to monitor Scope 1 and 2 emissions at the facility level, while financial institutions are adopting AI models to assess ESG risk exposure across investment portfolios. These capabilities position ESG software not only as compliance tools but as decision intelligence platforms enabling scenario modeling, materiality mapping, and automated ESG performance scoring.
Moreover, the increasing adoption of ESG solutions by small and mid-sized enterprises (SMEs), supported by the availability of modular, cloud-based, and cost-effective platforms, is expanding the market size. Vendors are incorporating capabilities such as automated double materiality assessments, value chain risk modeling, and digital assurance tools to address evolving compliance and performance requirements. This trend is particularly significant as regulatory frameworks such as the European Union's Corporate Sustainability Reporting Directive (CSRD) become more prominent, increasing the demand for integrated, audit-ready ESG reporting systems. For instance, in November 2023, KPMG and Workiva Inc. strengthened their collaboration to enhance ESG reporting capabilities, focusing on CSRD compliance and double materiality assessments through a unified, audit-ready digital workflow that eliminates manual spreadsheet-based processes. Their integrated approach enables organizations to align ESG data with core business strategy while improving transparency, accuracy, and operational efficiency. Therefore, as regulatory complexity and stakeholder expectations continue to rise, such strategic partnerships emphasize the growing role of ESG software as a foundation for sustainable and accountable enterprise transformation.
Global ESG Software Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the global ESG software market report based on deployment mode, type, organization size, end use, and region.