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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. 

Table of contents

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% 


Table of figures

Figure 1. Risk Demographics
Figure 2. 2021-2027 Regional CAGR Rates
Figure 3. Growth By Risk Category
Figure 4. Industry Spend 2022
 

About the authors

Nathan Goldstein

Senior Analyst, EHS

Nathan is a Senior Analyst in the Verdantix EHS practice out of the Boston office. His current research agenda focusses on the intersection of Sustainability and ESG trends with the EHS operational sphere. Prior to joining Verdantix, Nathan worked at Bluefield Research where he gained experience in consulting and market research within the global water industry. Nathan holds a MSc in Water: Science and Governance from King’s College London.

Bill Pennington

Research Director, Environment, Health & Safety

Bill leads the Verdantix Environment, Health & Safety practice. His current agenda focuses on EHS and sustainability services, product stewardship as well as benchmarking EHS technology buyer’s budgets, priorities and preferences globally. Bill comes from a background of corporate EHS roles in the manufacturing and logistics industries. He holds an MBS degree in sustainability from the Rutgers University.

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