Market Size And Forecast: EHS Software 2023-2029 (Global)

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 2029. The Verdantix model, informed by analysis of EHS software revenues, macroeconomic drivers and insights gathered via research, puts the EHS software market at $1.9 billion in 2023. The market will grow by a CAGR of 14.6%, to reach $4.5 billion in 2029, propelled by various factors. Notably, barriers to the digitization of standard EHS practices will fall, and firms will increasingly adopt advanced technologies. There will be expansion in the mid-market – and into new geographies – with a push towards standardization within international firms. Meanwhile, ESG concerns will remain a consistent and large driver of growth, with reporting requirements and thresholds rising.