PUBLISHER: 360iResearch | PRODUCT CODE: 1411895
PUBLISHER: 360iResearch | PRODUCT CODE: 1411895
[189 Pages Report] The Environment, Health & Safety Market size was estimated at USD 7.33 billion in 2023 and expected to reach USD 7.84 billion in 2024, at a CAGR 7.15% to reach USD 11.89 billion by 2030.
Global Environment, Health & Safety Market
KEY MARKET STATISTICS | |
---|---|
Base Year [2023] | USD 7.33 billion |
Estimated Year [2024] | USD 7.84 billion |
Forecast Year [2030] | USD 11.89 billion |
CAGR (%) | 7.15% |
Environmental health & safety (EHS) software and solutions capture, store, and analyze occupational health and safety information, waste management, and sustainability. EHS software helps organizations to attain unique safety goals and ultimately create safer outcomes for their workers. The growing concerns about elevated pollution levels and the rising need to comply with the EHS stand implemented by governments worldwide are accelerating the adoption of EHS solutions across the end-use verticals. The industrial and manufacturing sectors employ EHS software to eliminate workplace hazards and ensure the safety of workers. However, the high maintenance cost and the significant time required to implement EHS solutions may adversely impact their use by various end-use industries. Besides, the ongoing advancements and availability of customized EHS solutions are expected to encourage their adoption by multiple verticals worldwide.
Regional Insights
The Environment, Health & Safety (EHS) software and solutions market is highly evolving in the Americas owing to the stringent regulations imposed by the governments to maintain pollution levels and limit the exposure of toxic substances to the environment. Significant advancements and growing focus of the industrial verticals on achieving sustainable and green energy targets are accelerating the use of EHS software by the end-use industries in the Americas. The rapidly growing industrial sector and the need to manage pollution levels are accelerating the adoption of EHS solutions in the APAC region. Additionally, a well-established industrial sector and a growing emphasis on ensuring workplace safety have accelerated the use of EHS software in the EMEA region. Moreover, the ongoing research on developing EHS solutions with embedded sustainability business models is anticipated to increase their adoption by the end-use sectors worldwide.
FPNV Positioning Matrix
The FPNV Positioning Matrix is pivotal in evaluating the Environment, Health & Safety Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Environment, Health & Safety Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Key Company Profiles
The report delves into recent significant developments in the Environment, Health & Safety Market, highlighting leading vendors and their innovative profiles. These include Alcumus Group Limited, Arcadis N.V., Benchmark Digital Partners LLC, ComplianceQuest, Cority, Dakota Software Corporation, EcoOnline, Enhesa NV, Evotix, Hexagon AB, Ideagen, Intelex Technologies, International Business Machines Corporation, Intertek Group plc, IsoMetrix Group of Companies, Koninklijke Philips N.V., Lisam Systems SA, ProntoForms Corporation, SAP SE, SHE Group, SHEQX, Sphera Solutions, Inc., UL LLC, VelocityEHS Holdings Inc., and Wolters Kluwer N.V..
Market Segmentation & Coverage
1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
1. What is the market size and forecast of the Environment, Health & Safety Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Environment, Health & Safety Market?
3. What are the technology trends and regulatory frameworks in the Environment, Health & Safety Market?
4. What is the market share of the leading vendors in the Environment, Health & Safety Market?
5. Which modes and strategic moves are suitable for entering the Environment, Health & Safety Market?