Market Size And Forecast: Product Compliance & EHS Regulatory Content 2022–2028 (Global)

Executive Summary

This report helps executives at product compliance software vendors, EHS regulatory content providers, and investors active in these areas, understand the current state and size of the product compliance and EHS regulatory content software markets. The report also reviews the trends and drivers that will shape these markets into 2028. The Verdantix model calculates that the combined product compliance software and EHS regulatory content market will reach $781 million in 2023. The aggregate market will grow by a CAGR of 13.4% to reach $1.46 billion in 2028 and will be influenced by an increasingly stringent regulatory landscape. The continued blurring of product compliance and EHS obligations with ESG and circularity concepts through regulation will act as an incubator for long-term market growth. Ongoing innovation through blockchain-enabled digital product passports (DPPs) to tackle supplier data aggregation and IP protection challenges, and natural language processing (NLP) to autonomously classify legal text, will also encourage spending.