0

Emission Management Software Market Expected to reach $43.6 Billion by 2030

 
2022
Emission Management Software Market

Report Code : A13105

quote ,” The growing demand for emissions management software markets will drive the growth within North America, owing to immense focus on the carbon reduction policy adopted by the U.S. government. North America is predicted to dominate emission management software market trends due to rapid digital transformation. The market in North America is predicted to achieve higher market share during the forecast period, due to increasing adoption of cloud-based emissions management by varied industries. Moreover, increasing adoption of technology and rising demand for clean and renewable energy are projected to boost the market growth. Government initiatives to decrease energy emissions from several old and public buildings also are boosting the market demand. As an example, the U.S. General Services Administration made a contract with IBM Corporation to put in efficient and smart building technologies in 50 of the state and federal government’s highest energy-consuming buildings. “ quote

Abhijith Nair
Research Analyst, ICT at Allied Market Research

Get 20% Free Customization In This Report
Follow us on Social Media:       
 

According to a recent report published by Allied Market Research, titled,Emission Management Software Market by Component, Software, Service and Industry: Global Opportunity Analysis and Industry Forecast, 2021-2030,” the global emission management software market size was valued at $10.4 billion in 2020, and is projected to reach $43.6 billion by 2030, registering a CAGR of 15.7% from 2021 to 2030.

The global shift towards green initiatives have been on a rise for some time now and this has led towards an increase in focus to control the rising levels of carbon and greenhouse gas emissions in industrial and economic sectors. With raising awareness about cleaner and greener initiatives in both the business and the consumer world causing a growing dependence on emission management systems. This is creating a strong foundation for the emission management software industry across the globe and is predicted to grow further in the upcoming future.

In 2019, the global Emission Management Software market share was dominated by the software, and is expected to maintain its dominance in the upcoming years. The organizations are in-turn benefited with rise in their corporate profile and even in some cases generate more business and forge new B2B relationships and partnerships. Many organizations have implemented carbon management policies as part of their sustainability strategy, to counterbalance the Greenhouse Gas (GHG) emissions generated through consumption and combustion of fossil fuels.

Within the emission management software market analysis, the service segment is estimated to emerge as fastest growing segment, many institutions and organizations are multiplying their conservation efforts and gradually adopting measures that provide in-depth knowledge of greenhouse gases' dynamics and impacts. Considering this context, the carbon footprint is one of the most widely recognized indicators in the international sphere. According to Eurostat's latest information (February 2020), in 2018, the final consumption of electricity, gas, steam, and air-conditioning had an enormous carbon footprint (764 kg of CO2 per person) in the EU-27. This is anticipated to increase the utilization of the carbon management system in this region. In May 2020, Döhler, a provider of technology-based natural ingredients, ingredient systems, and integrated solutions for the food and beverage industry, collaborated with SAP to run a co-innovation engagement to carry out a pilot project named Climate 21. As a part of the pilot program, the SAP Product Carbon Footprint Analytics was installed for its products.

According to Abhijith Nair, Research Analyst, ICT at Allied Market Research,” The growing demand for emissions management software markets will drive the growth within North America, owing to immense focus on the carbon reduction policy adopted by the U.S. government. North America is predicted to dominate emission management software market trends due to rapid digital transformation. The market in North America is predicted to achieve higher market share during the forecast period, due to increasing adoption of cloud-based emissions management by varied industries. Moreover, increasing adoption of technology and rising demand for clean and renewable energy are projected to boost the market growth. Government initiatives to decrease energy emissions from several old and public buildings also are boosting the market demand. As an example, the U.S. General Services Administration made a contract with IBM Corporation to put in efficient and smart building technologies in 50 of the state and federal government’s highest energy-consuming buildings. “

The global COVID-19 pandemic caused a slowdown in the global emission management software market. Although, the emission management software market is expected to witness growth post the COVID-19 pandemic, as the economic activities are getting back on track.  The shutdowns of industrial plants, retail complexes, big scale public infrastructure, and small brick and mortar businesses were the primary causes of slowdowns in the worldwide emission control software industry. As the coronavirus swept throughout the world and regulatory restrictions tightened, clients of the global emission software industry pulled back their software orders (as field operations were restricted during the period of the pandemic), and the emission management software market growth stagnated during the epidemic.

Key Findings of the Study:

  • By component, the software segment is estimated to be the major shareholder. However, the services segment is expected to witness highest growth rate during the forecast period.
  • On the basis of software, the data management segment accounted for the highest revenue in 2020, however, the dashboard tools segment is expected to witness highest growth rate during the forecast period.
  • On the basis of services, the consulting and training segment accounted for the highest revenue in 2020, however, the Support and Maintenance is expected to witness highest growth rate during the forecast period
  • On the basis of industry, the manufacturing sector accounted for the highest revenue in 2020, however, the energy and power sector is expected to witness highest growth rate during the forecast period.
  • Region wise, the emission management software industry was dominated by North America. However, Asia Pacific is expected to witness significant growth in the upcoming years. 

Some of the key companies mentioned within the report are Accenture, CA, Inc., Carbonetworks, Enviance, Foresite Systems, Greenstone Carbon Management, Hara, IBM, SAP and Symantec

Need More Information

pr-det-talk Talk to David (Europe)

pr-det-talk Talk to Sona Padman (Americas)

5933 NE Win Sivers Drive #205,
Portland, OR 97220 United States

pr-det-phone Toll Free: +1-800-792-5285

pr-det-phone UK: +44-845-528-1300

pr-det-phone Hong Kong: +852-301-84916

pr-det-phone India (Pune): +91 2066346060

pr-det-phone Fax: +1(855) 550-5975

pr-det-phone help@alliedmarketresearch.com

 

For Media Inquiries, Please Contact

Allied Market Research
Contact Toll Free: +1-800-792-5285
Drop us an email at
media@alliedmarketresearch.com

Looking for Customization?

 Customization Request

Have a Question?

 Speak with Analyst

Any Confusion?

 Inquire Before Buying

Have a glance of the Report

  Request Free Sample
 
 

First time buyer?
Check offers and discount on this report
To get this report

Click Here
 
 

quote Emission Management Software Market by Component (Software, Services), Software (Data Management, Asset Performance Optimization, Application Platform, Forecasting Analytics, and Dashboard Tools), Service (Consulting and Training, Support and Maintenance), and Industry (Manufacturing, IT and Telecom, Government Sector, Energy and Power, Others): Global Opportunity Analysis and Industry Forecast, 2020–2030 quote

View Report
 
 

Avenue: Entire Library membership of Allied Market Research Reports at your disposal

  • Avenue is an innovative subscription-based online report database.
  • Avail an online access to the entire library of syndicated reports on more than 2,000 niche industries and company profiles on more than 12,000 firms across 11 domains.
  • A cost-effective model tailored for entrepreneurs, investors, and students & researchers at universities.
  • Request customizations, suggest new reports, and avail analyst support as per your requirements.
  • Get an access to the library of reports at any time from any device and anywhere.

 
 

WHY ALLIED MARKET RESEARCH?

INFLALLIBLE METHODOLOGY

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

ANALYST SUPPORT

For complete satisfaction

CUSTOMIZATION

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

 

Featured Readings

 
rep-img

Published Date Mar 2024

Hairbrush Market

Download Sample
rep-img

Published Date Mar 2024

Debt Security Market

Download Sample
rep-img

Published Date Mar 2024

Wood Adhesives Market

Download Sample

Buy Full Version
"Emission Management Software Market"
Purchase Enquiry

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

Get Industry Data Alerts

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of the scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save the time of readers