Market Size And Forecast: IH/OH Software 2020-2025 (Global)
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Executive Summary
This report helps executives at industrial hygiene and occupational health (IH/OH) software vendors, EHS service providers investors focused on the EHS software and IH/OH market understand the current state and size of the market, as well as the trends and drivers that will shape it into 2025. The Verdantix market model, built from previous year IH/OH software revenues and driven by current macroeconomic drivers, estimates that the IH/OH software market will reach $253 million in 2020. The IH/OH software market will then grow at a 9.7% compound annual growth rate to reach $403 million in 2025. This growth is driven by emerging regional adoption of EHS software and new customer demand for IH/OH software to better manage worker health and exposure. Additionally, this model includes the negative economic impacts of the COVID-19, as well as the expected growth in IH/OH software as firms recognize the value of digital platforms for better visibility of worker exposure and health.Market Size Data Reflects Aggregate IH/OH Software Revenues And Trends
Macroeconomic Drivers Are Slowing Down Radically
Global Spend On IH/OH Software Will Reach $253 Million In 2020
The COVID-19 Outbreak Will Be Long-Term Positive Factor For Demand Of IH/OH Software
IH/OH Software Will Grow At A Compound Annual Growth Rate Of 9.7% To $403 Million In 2025
Figure 2. 2020 IH/OH Software Market Size By Type ($millions, %)
Figure 3. 2020 IH/OH Software Market Size By Region ($millions, %)
Figure 4. 2020 IH/OH Software Market Size By Industry Risk ($millions, %)
Figure 5. Adoption Of Software By EHS Processes In 2020
Figure 6. IH/OH Software Market Forecast And CAGR 2020-2025
Figure 7. IH/OH Software Market Forecast By Region 2020-2025 ($millions, %)
Figure 8. IH/OH Software Market Forecast By Industry Risk 2020-2025 ($millions, %)
About the Authors
Bill Pennington
VP Research
Bill is VP Research at Verdantix, where he leads analysis on the evolving and interconnected landscapes of EHS, quality, AI and enterprise risk management. His research helps ...
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Rodolphe d’Arjuzon
Chief Product Officer and Co-Founder
Rodolphe co-founded Verdantix in 2008. As Chief Product Officer, he leads the firm’s research strategy and intellectual agenda. With over 20 years of experience in techn...
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