Market Size And Forecast: Digital EHS Services 2021-2026
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Executive Summary
This report helps executives, practice managers and business strategists at firms providing EHS services globally to improve business performance by better understanding market opportunities around digital EHS services. The end of 2021 brought to a close a year of uncertainty in the industrial world. Firms struggled to face the difficulties left in the wake of the pandemic and to address pressing new priorities such as the climate crisis and ESG boom. EHS consultancies, however, have benefited from this, with 2021 seeing an increase in EHS services spend despite the fact that the COVID recession is still affecting many firms’ budgets .The digital segment of the EHS services sector has witnessed the most rapid growth amongst all EHS services revenue streams, with many firms turning to accelerated EHS digitization strategies to solidify business resilience. At the close of 2021, Verdantix valued the market at over $2.7 billion; due to a number of drivers we also predict the consistent growth of digital EHS services over the next five years at a CAGR of 8%.Digital EHS Services Witness Steady Growth To Facilitate Corporate Technology Roadmaps
An Overview Of The Digital EHS Services Market
Market Size Data Are Formulated From Aggregate Vendor Revenues And Customer Penetration Data
Digital EHS Services Forecast Is Influenced By Industry, Region And Market Trends
Services Firms Will Ride New Wave Of Corporate EHS Digitization To Increase Revenues
Digital EHS Services Market Hits $2.7 Billion By The End Of 2021
Market Set For A Period Of Growth Throughout Five-Year Forecast
Global EHS Insights Shape The Growth Forecast Of The Digital Services Market
Figure 2. Categorization Of Industries Based On EHS Risk Level
Figure 3. Uptake Of Digital EHS Technologies In 2022
Figure 4. EHS Services Spend Split By Service Line 2021 ($millions)
Figure 5. EHS Services Spend By Region 2021 ($millions)
Figure 6. EHS Services Spend Split By Industry Risk Group 2021 ($millions)
Figure 7. Digital EHS Services Market Growth (2021-2026)
Figure 8. Digital EHS Services Growth By Revenue Stream (2021-2026)
Figure 9. Digital EHS Services Spend By Industry Risk Level (2021-2026)
About the Authors
Tom Brown
Senior Consultant, Advisory Services
Tom is a Senior Consultant in the Verdantix Advisory Services practice, where his focus is on delivering client solutions for EHS and sustainability digitization. Tom joined V…
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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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