EHS Software Market Size And Forecast 2019-2024 (Global)
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Executive Summary
This report provides executives at EHS software vendors and investors with a detailed analysis of the size and forecast of the global market for EHS software including enterprise, mobile applications and IIoT-centric platforms. According to the market model, spending on EHS software will reach $1.2 billion during 2019 and this will grow at a compound annual growth rate of 9.2%, to reach $1.9 billion in 2024. Positive drivers of market growth include more stringent regulations in emerging markets, such as China; increased corporate spending; and acquisitions that open up access to operational risk budgets. Competitive pressure from safety IIoT platform providers, pricing pressure and the ongoing shift from on-premise to the cheaper upfront cost of cloud-based subscriptions will initially affect market growth negatively. North America and Europe will continue to dominate market share during 2024. Industries facing the highest levels of EHS risk will receive the most spend, yet food and beverage, pharma and transport will contribute the most to industry-level growth.
Table of contents
EHS Software Market Size And Forecast 2019-2024 (Global)Market Size Data Reflects Aggregate EHS Software Revenues
Global Spending On EHS Software Will Reach $1.2 Billion During 2019
Macro-Level Economic Drivers Support EHS Software Growth That Varies Across Industries And Geographies
New Access To Spending On Operational Risk And Competitive Pressure From Dedicated IIoT Platforms Will Impact Market Development
The EHS Software Market Will Grow At A 9.2% Compound Annual Growth Rate To Reach $1.9 Billion In 2024
Table of figures
Figure 1. Industries Categorized By EHS Risk LevelFigure 2. EHS Software Investment Plans For 2019 Across Nine Business Processes
Figure 3. 2019 EHS Software Market Size By Region ($millions, %)
Figure 4. 2019 EHS Software Market Forecast By Industry ($millions)
Figure 5. 2019 EHS Software Market Size By Industry Risk Category ($millions, %)
Figure 6. EHS Budget Changes For 2019
Figure 7. EHS Software Market Forecast And CAGR 2019-2024
Figure 8. EHS Software Market Forecast By Region 2019-2024 ($millions)
Figure 9. EHS Software Market Forecast By Industry 2019-2024 ($millions)
Figure 10. EHS Software Market Forecast By Risk Category 2019-2024 ($millions)
Organisations mentioned
Accenture, Beckwell EHS Consulting, China General Nuclear, Cority, Corvex Connected Safety, Deloitte, DowDuPont, Enablon, Enhesa, ETQ, eVision, ExxonMobil, EY, Freeport-McMoRan, G Group, Gensuite, Guardhat, Humantech, INEOS Styrolution, Intelex, International Monetary Fund (IMF), IsoMetrix, Lloyd’s Register, Mine Safety and Health Administration (MSHA), Organization for Economic Co-operation and Development (OECD), Organization of the Petroleum Exporting Countries (OPEC), Petrotechnics, PwC, Quentic, Red-on-line, RiskSpectrum, Selerant, SHE Software, Sphera, Tata Projects, TenForce, Tennaxia, US Environmental Protection Agency (EPA), Vault Intelligence, VelocityEHS, VisiumKMS, Wolters KluwerAbout the author
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