Environment, Health, and Safety (EHS) Market Research Report 2023: Top Vendors, Growth (CAGR of 8.6%) And Forecast By 2028

PRESS RELEASE

Published April 10, 2023

What is the Environment, Health, and Safety (EHS) Market Growth ? :

IMARC Group’s latest report, titled “Environment, Health, and Safety (EHS) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a comprehensive analysis of the industry, which comprises insights on the environment, health, and safety (EHS) market share. The report also includes competitor and regional analysis, and contemporary advancements in the market. The global environment, health, and safety (EHS) market size reached US$ 72.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach a value of US$ 121.5 Billion by 2028, exhibiting a growth rate (CAGR) of 8.6% during 2023-2028.

Environment, Health, and Safety (EHS) Standards for People and Planet:

Environment, health, and safety (EHS) is a set of policies, procedures, and programs to ensure the safety and wellbeing of employees, communities, and the environment in which an organization operates. It encompasses a range of activities, including workplace safety, environmental management, emergency preparedness and response, and occupational health. It prevents accidents, injuries, and environmental harm while promoting sustainable practices and protecting the health and welfare of all stakeholders. It is an essential aspect of corporate social responsibility and is increasingly important in today's globalized economy, where companies are held accountable for their impact on people and the planet.

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Who are the key Vendors in the EHS Market ? :

Alcumus Group Limited
Dakota Software Corporation
Enhesa
ETQ LLC (Hexagon AB)
Intelex Technologies ULC (Industrial Scientific Corporation)
ProcessMAP Corporation
Pro-Sapien Software
SafetyCulture Plus Pty Ltd
SAP SE
Sphera Solutions Inc
UL LLC
Verisk Analytics Inc

Environment, Health, and Safety (EHS) Market Management and Development:

The global market is majorly driven by the increasing focus on corporate sustainability and social responsibility. In line with this, the rising need for regulatory compliance is significantly contributing to market growth. Furthermore, the growing demand for workplace safety and health is positively influencing the market. Apart from this, the adoption of EHS software solutions is also expected to accelerate as companies seek to improve their data management and analytics capabilities.

Moreover, the escalating public concerns regarding environmental issues are resulting in the development of environmental protection laws, which is anticipated to create a positive outlook for the market. In addition, the technological innovations helping various industries to achieve worker engagement and adopt environment, health, safety, and quality programs are projected to boost the market.

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Key Market Segmentation:

Breakup by Component:

Software
Services

Analytics
Project Deployment and Implementation
Business Consulting and Advisory
Audit, Assessment and Regulatory Compliance
Certification
Training and Support

Breakup by Deployment Type:

On-premises
Cloud-based

Breakup by Vertical:

Energy and Utilities
Chemicals and Materials
Healthcare
Construction and Engineering
Food and Beverage
Government and Defense
Others

Breakup by Region:

North America (United States, Canada)
Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key Highlights of the Report:

Market Performance (2017-2022)
Market Outlook (2023-2028)
Porter’s Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape

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