Market Size And Forecast: EHS Software 2022-2028 (Global)
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Executive Summary
This report helps executives at EHS software vendors, EHS service providers active in EHS information management, and investors in the EHS software market understand the current state and size of the market, as well as the trends and drivers that will shape the market into 2028. The Verdantix model, informed by analysis of EHS software revenues and macroeconomic drivers, shows the EHS software market reaching $1.8 billion in 2023. The market will grow by a CAGR of 11.5% to reach $3.1 billion in 2028 and will be influenced by a series of complex forces throughout the forecasting period. Market growth will be propelled by the continued digitization of EHS workflows, particularly in the mid-market, and growing appetite to trial emerging technologies, such as AI, computer vision and advanced analytics. Demand for granular, auditable emissions and other ESG data from regulators, consumers and investors will fuel spend in the EHS software market, which has rapidly invested to develop specialist functionality to cater to this fast-growth area.Market size data reflect aggregate EHS software revenues and trends
Macro-level economic drivers show moderate global growth
The EHS software market displays determined growth, encouraged by ESG tailwinds
Global spending on EHS software will reach $1.8 billion in 2023
Incoming ESG and environmental regulation, as well as demand to increase safety management sophistication, will boost growth
The EHS software market will grow at a CAGR of 11.5% to reach $3.1 billion in 2028
Figure 2. 2023 EHS software market size by region
Figure 3. 2023 EHS software market size by industry
Figure 4. 2023 EHS software market size by industry risk category ($ million, %)
Figure 5. EHS software market forecast and CAGR 2022-2028
Figure 6. EHS software market forecast by region 2022-2028
Figure 7. EHS software market forecast by risk category 2022-2028
About the Authors
Chris Sayers
Senior Manager
Chris is a Senior Manager at Verdantix. His current research agenda targets enterprise AI integration and adoption, AI market trends and agentic AI. Chris joined Verdantix in ...
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Rain Chiang
Industry Analyst
Rain is an Industry Analyst in the Verdantix EHSQ practice. His current research agenda focuses on the intersection between EHSQ and ESG priorities. Prior to joining Verd...
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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