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Sustainability Management Software Market
Sustainability Management Software Market
Sustainability Management Software Market - By Component, By Software, By Service, By Deployment, By End User, and By Region- global Opportunity Analysis and Industrial Forecast- 2023-2030.
Sustainability Management Software Market Industry Overview:
A Global Sustainability management software market can be defined as a software which monitors non-renewable energy sources, ensures regulatory compliance, reduces operational costs, and minimizes the emission of harmful byproducts. It is being installed by companies across verticals to limit waste and achieve sustainable business practices. Government agencies use this software to monitor environmental trends and measure the impact of emissions on human health and climate. The global Sustainability Management Software market was valued at around USD 471.6 million in 2020 and is expected to register a CAGR of 10.3% during the review period to reach to around USD 1,022.2 million by end of 2028.
Market Segmentation:
Based on component, the global sustainability management software market has been segmented into software and service. The software segment accounted for the largest market share in 2020 and is expected to register significant growth during the review period. The segment growth can be attributed to widespread product usage across verticals due to its superior benefits such as monitoring on environmental emissions and its impact on external environment. The service segment is projected to grow at a healthy CAGR during the review period.
Based on software, the global sustainability management software market has been segmented into collaboration and communication systems. The collaboration segment accounted for the largest market share in 2020 and is expected to grow at a significant CAGR during the review period. The communication systems segment is attributed to register healthy growth during the review period.
Based on service, the global sustainability management software market has been segmented into implementation service and consulting service. The implementation service segment accounted for the largest market share in 2020 and is expected to register significant growth during the review period. The consulting service segment is expected to register considerable CAGR during the review period on account of increasing number of small banking organizations.
Based on deployment, the global sustainability management software market has been segregated into cloud based and on-premise. The on-premise segment accounted for the largest market share in 2020 and is expected to grow at a significant CAGR during the review period. The segment growth can be attributed to installation of sustainable management software in various organizations to achieve sustainability and reduce emissions affecting the climate. The cloud based segment is expected to register healthy CAGR during the review period.
Based on end user, the global sustainability management software market has been segmented into automotive, building automation, manufacturing, oil & gas, pharmaceutical and utilities & energy. The utilities & energy segment accounted for the largest market share in 2020. The segment growth can be attributed to increasing installation of sustainable management software in the end-use industry. The automotive segment is projected to witness considerable growth during the review period on account of increasing regulations pertaining to energy efficiency.
Market Dynamics and Factors:
The growth of the global sustainability management software market is primarily driven by increasing adoption of the software in various industries including utilities & energy, automotive and oil & gas industries. Rising prevalence of regulations pertaining to energy efficiency is likely to propel the global sustainability management software market growth at a significant rate during the review period.
Increasing product adoption in the developing countries is likely to create lucrative opportunities for the players operating in the global sustainability management software market during the review period.
Geographical Analysis:
By geography, the market has been divided into North America, Europe, Asia-Pacific, Latin America and the Middle East & Africa. The market in North America accounted for the largest share in 2020 and is expected to grow at a significant CAGR during the review period. US held the dominating share in the region in 2020. The regional market growth can be attributed to presence of established end-use industries particularly in the US. In addition to this, established presence of key market players such as Verisae Inc. and IBM Corporation is likely to propel the market growth during the review period.
The market growth in Asia-Pacific region is expected to be driven by growing integration of advanced technologies in the end-use industries coupled with rising awareness regarding sustainability and climate change. Increasing government initiatives aimed at promoting sustainable business practices in the region is another important factor propelling the market growth.
The European market is expected to grow at a considerable CAGR on account of high product adoption rate in the end-use industries. Germany, UK and France were the key revenue generating countries in the region. Increasing product use in the eastern European countries is expected to contribute to the market growth substantially during the review period.
The market in Latin America and the Middle East & Africa is expected to be driven by significant growth of the end-use industries coupled with increasing prevalence of advanced cloud technologies.
Sustainability Management Software Market
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Key Market Segmentation
Global Sustainability Management Software Market, By Component
o Introduction
o Software
o Service
Global Sustainability Management Software Market, By Software
o Introduction
o Collaboration
o Communication System
Global Sustainability Management Software Market, By Service
o Introduction
o Implementation Service
o Consulting Service
Global Sustainability Management Software Market, By Deployment
o Introduction
o Cloud Based
o On-Premise
Global Sustainability Management Software Market, By End User
o Introduction
o Automotive
o Building Automation
o Manufacturing
o Oil & Gas
o Pharmaceutical
o Utilities & Energy
Global Sustainability Management Software Market, By Region
North America
o US
o Canada
o Mexico
Europe
o Germany
o UK
o France
o Italy
o Spain
o Russia
o Benelux
o Nordics
o Rest of Europe
Asia-Pacific
o China
o India
o Japan
o South Korea
o Rest of Asia-Pacific
Middle East and Africa
South America
1 Executive Summary
2 Market Introduction
2.1 Definition
2.2 Architecture
2.3 Scope of the Study
2.4 Related Stakeholders
3 Research Methodology
3.1 Introduction
3.2 Primary Research
3.2.1 Key Insights
3.2.2 Breakdown of Primary Interviews
3.3 Secondary Research
3.3.1 Important Sources
3.4 Market Size Estimation Approaches
3.4.1 Top-Down Approach
3.4.2 Bottom-Up Approach
3.4.3 Data Triangulation
3.5 List of Assumptions
4 Market Dynamics
4.1 Introduction
4.2 Drivers
4.2.1 Increasing adoption of the software in various industries including utilities & energy, automotive and oil & gas industries
4.2.2 Rising prevalence of regulations pertaining to energy efficiency
4.3 Restraints
4.3.1 Technical complexities and lack of awareness
4.4 Opportunities
4.4.1 Increasing product adoption in the developing countries
4.5 Porter's Five Forces Model Analysis
4.6 Value Chain Analysis
4.7 Impact of COVID-19 on Global Sustainability Management Software Market
5 Global Sustainability Management Software Market, By Component
5.1 Introduction
5.2 Software
5.3 Service
6 Global Sustainability Management Software Market, By Software
6.1 Introduction
6.2 Collaboration
6.3 Communication Systems
7 Global Sustainability Management Software Market, By Service
7.1 Introduction
7.2 Implementation Service
7.3 Consulting Service
8 Global Sustainability Management Software Market, By Deployment
8.1 Introduction
8.2 Cloud Based
8.3 On-Premise
9 Global Sustainability Management Software Market, By End User
9.1 Introduction
9.2 Automotive
9.3 Building Automation
9.4 Manufacturing
9.5 Oil & Gas
9.6 Pharmaceutical
9.7 Utilities & Energy
10 Global Sustainability Management Software Market, By Region
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 France
10.3.4 Italy
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia-Pacific
10.4.1 China
10.4.2 India
10.4.3 Japan
10.4.4 South Korea
10.4.5 Rest of Asia-Pacific
10.5 Middle East and Africa
10.6 South America
11 Competitive Landscape
11.1 Introduction
11.2 Vendor Evaluation Criteria
11.3 Vendor Share Analysis, 2020
11.4 Recent Developments, 2018-2021
11.4.1 New Product Launches
11.4.2 Partnerships
11.4.3 Mergers or Acquisitions
11.4.4 Business Expansions
12 Company Profiles
(This section covers the Business Overview, Financial Overview, Product and Product Offerings, Recent Developments, SWOT Analysis, and Key Strategies of the top market vendors. The given sequence does not represent their rankings in the market.
12.1 SAP SE
12.2 Schneider Electric
12.3 Figbytes Inc.
12.4 Urjanet Inc.
12.5 Thinkstep
12.6 Ecova Inc.
12.7 Verisae Inc.
12.8 Accuvio
12.9 IBM Corporation
12.10 CA Technologies
13 Appendix
13.1 Discussion Guide
13.2 Customization Options
1 Global Sustainability Management Software Market, By Component
1.1 Introduction
1.2 Software
1.3 Service
2 Global Sustainability Management Software Market, By Software
2.1 Introduction
2.2 Collaboration
2.3 Communication Systems
3 Global Sustainability Management Software Market, By Service
3.1 Introduction
3.2 Implementation Service
3.3 Consulting Service
4 Global Sustainability Management Software Market, By Deployment
4.1 Introduction
4.2 Cloud Based
4.3 On-Premise
5 Global Sustainability Management Software Market, By End User
5.1 Introduction
5.2 Automotive
5.3 Building Automation
5.4 Manufacturing
5.5 Oil & Gas
5.6 Pharmaceutical
5.7 Utilities & Energy
6 Global Sustainability Management Software Market, By Region
6.1 Introduction
6.2 North America
6.2.1 US
6.2.2 Canada
6.2.3 Mexico
6.3 Europe
6.3.1 Germany
6.3.2 UK
6.3.3 France
6.3.4 Italy
6.3.5 Spain
6.3.6 Rest of Europe
6.4 Asia-Pacific
6.4.1 China
6.4.2 India
6.4.3 Japan
6.4.4 South Korea
6.4.5 Rest of Asia-Pacific
6.5 Middle East and Africa
6.6 South America
Report ID: VBI107
----------------- Feb-2023
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Format: PDF/Excel
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