The environment health and safety global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Environment Health And Safety Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size —
The environment health and safety market size has grown rapidly in recent years. It will grow from $7.74 billion in 2023 to $8.55 billion in 2024 at a compound annual growth rate (CAGR) of 10.5%. The growth in the historic period can be attributed to the popularity of environmental health and safety mobile applications, the presence of strict rules and regulations, growing awareness of environmental health and safety, industries to reduce waste and improve process efficiency, and increasing number of employee safety regulations.
The environment health and safety market size is expected to see rapid growth in the next few years. It will grow to $12.95 billion in 2028 at a compound annual growth rate (CAGR) of 10.9%. The growth in the forecast period can be attributed to rising government regulations for environmental protection, increasing number of businesses, increasing investments from industries in EHS IT software to comply with OSHA and EPA regulations, and increased waste reduction targets. Major trends in the forecast period include advanced research and development centers, technological advancement, innovations, low carbon emission policies.
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Scope Of Environment Health And Safety Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Environment Health And Safety Market Overview
Market Drivers –
The increased waste reduction targets are expected to propel the growth of the environmental health and safety market going forward. A waste reduction target is a specific goal set by individuals, organizations, or governments to reduce the amount of waste generated, disposed of, or sent to landfills within a defined timeframe. The increased need for waste reduction targets is due to a growing global awareness of the urgent need to combat environmental degradation and transition towards a more sustainable and circular economy. Waste reduction targets incorporate ecological health and safety considerations to mitigate pollution, minimize hazardous waste generation, and safeguard ecosystems and human well-being, promoting sustainable waste management practices. For instance, in September 2021, the United States Environmental Protection Agency (EPA), a US-based government agency, set a goal to reduce food loss and waste by 50% by 2030 to 164 pounds per person, focusing on preventing food waste generation and keeping food in the human supply chain. Therefore, increased waste reduction targets the growth of the environmental health and safety market.
Market Trends —
Major companies operating in the ETL software market are focusing on advanced tools, such as new connectors and operators, to gain a competitive edge in the market. New connectors and operators are the additional tools and functionalities that enhance the capabilities of various platforms and systems for data integration and workflow automation. For instance, in October 2022, Oracle Corporation, a US-based technology company, launched Oracle Cloud Infrastructure (OCI) Data Integration. It offers features such as extracting, transforming, and loading (ETL) data for data science and analytics purposes. OCI Data Integration supports Spark ETL or ELT processes, enabling the ingestion of large volumes of data from various sources, cleansing, transforming, reshaping, and efficiently loading it into Oracle Cloud Infrastructure target data assets, allowing organizations a robust and scalable solution for seamlessly integrating and managing data across hybrid and multi-cloud environments.
The environment health and safety market covered in this report is segmented —
1) By Component: Software, Services
2) By Deployment Mode: Cloud, On-Premise
3) By Application: Medical And Pharmaceutical Waste Management, Industrial Waste Management, Wastewater Management, Other Applications
4) By Vertical: Energy And Utilities, Chemicals And Materials, Healthcare, Construction And Engineering, Food And Beverage, Government And Defense, Manufacturing, Other Verticals
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Regional Insights —
North America was the largest region in the environment health and safety market in 2023. Europe is expected to be the fastest growing region in the market. The regions covered in the environment health and safety market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Key Companies —
Major companies operating in the environment health and safety market are Microsoft Corporation, International Business Machines Corporation, Honeywell International Inc., SAP SE, Salesforce Inc., NEC Corporation, Ball Corporation, Jacobs Engineering Group Inc., AECOM Inc., ERM Group Inc., Blackstone Inc., SGS SA, Wolters Kluwer N.V., John Wood Group PLC, Hexagon AB, TETRA Technologies Inc., UL Solutions Inc., RPS Group plc, Valsoft Corporation Inc., Alcumus HSE Limited, Ideagen plc, Intelex Technologies Inc., Quentic GmbH, Cority Software Inc., Benchmark ESG, Evotix Limited.
Table of Contents
1. Executive Summary
2. Environment Health And Safety Market Report Structure
3. Environment Health And Safety Market Trends And Strategies
4. Environment Health And Safety Market — Macro Economic Scenario
5. Environment Health And Safety Market Size And Growth
…..
27. Environment Health And Safety Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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