Mid-Market Size and Forecast: EHS Software 2021-2027 (Global)
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Executive Summary
This report will help executives at mid-market EHS software vendors, service providers and investors understand the current state and size of the market, as well as the mega-trends and nuanced drivers that will dictate the market’s growth into 2027. The report takes into consideration previous forecasts, to better frame upcoming developments on market size and growth. Verdantix market forecasts project that the market will reach $430 million by 2023, driven by EHS software vendors and macroeconomic forces. The market will grow by a CAGR of 12.8% to reach $716 million by 2027. Growth will be derived from the increasing digitization of EHS operations, the continued expansion of ESG operations, and the evolution of developing economies.
This forecast is a subsegment of our larger EHS software market forecasting report (see Verdantix Market Size And Forecast: EHS 2022 - 2027 (Global)), in which we examine the entire EHS software market through our standard methodology.
Refreshed Macroeconomic Drivers And Market Reports Provide Specific Detail On The Middle Of The EHS Software Market
Market Size Data Reflect Aggregate EHS Software Revenues And Trends
Macro-Level Economic Drivers Show Moderate Global Growth
Impending Recession Will Dampen EHS Software Mid-Market Growth
Global Spending On Mid-Market EHS Software Will Reach $393 Million In 2022
Agility Around Digitization And ESG Regulations Will Hedge Long-Term Mid-Market Growth Against Short-Term Recession Impacts
The EHS Mid-Market Will Reach $716 Million By 2027, With A CAGR Of 12.8%
Figure 2. 2021-2027 Regional CAGR Rates
Figure 3. Growth By Risk Category
Figure 4. Industry Spend 2022
About the Authors
Nathan Goldstein
Senior Manager
Nathan is a Senior Manager at Verdantix, specializing in EHS software and the convergence of sustainability, EHS and operational risk. He leads research that helps corporate d...
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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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