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Carbon Management System Market is projected to grow at a CAGR of 12.11%, to reach a value of USD 17.25 billion by the end of 2023| Dominant Vendors - IBM CORPORATION, ACCENTURE PLC, JOHNSON CONTROLS, SAP SE, SCHNEIDER ELECTRIC, ENABLE SA, amongst others

03-14-2019 08:51 PM CET | IT, New Media & Software

Press release from: Market Prognosis

Market Analysis:

Middle East & Africa Expected to have High Market
All the major countries in the MENA region have allocated substantial outlays for the development of solar or wind-based renewable energy projects. The GCC countries figure prominently among the highest emitters of carbon dioxide in the world. Increasing the share of renewable energy is being seen as a solution towards reducing CO2 emissions and maintaining the fragile environmental balance in this region.

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Extensive research conducted during the past two decades has provided conclusive evidence that the emission of greenhouse gases is the main cause of global warming. The growing emphasis on reducing carbon footprints and the growing need for eco-friendly services are pushing the growth of carbon management systems. The companies around the world have started to improve the efficiencies of their operations. The need to reduce wastage, efficiently utilize resources, and reduce carbon footprints warrants the deployment of innovative and sustainable solutions. . The rising global warming due to the increasing Greenhouse gas (GHG) emissions is the major driver for GHG software worldwide.

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Market Segments:
Carbon Management System Market is segmented by:
1. Type: Software, Services
2. End User: Government, BFSI, IT & Telecom, Industrial, Healthcare, Others
3. Geography: North America, South America, Europe, Asia Pacific, Middle East & Africa

Key developments in the market
•September 2017 - Enviance has been continuing investments in the field of EHS, as it has announced a series of product releases and a new platform has been developed to amplify the company’s EHS platform.
•September 2017 - SiteHawk has entered into a strategic partnership with Enablon which is expected to result in effective data analysis to optimize resources which is expected to strengthen total business performance.

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About Market Prognosis
We at Market Prognosis believe in giving a crystal clear view of market dynamics for achieving success in today's complex and competitive marketplace through our quantitative & qualitative research methods.
We help our clients identify the best market insights and analysis required for their business thus enabling them to take strategic and intelligent decision.
We believe in delivering actionable insights for your business growth and success.

Contact us:
ProgMark Pvt Ltd,
Thane - 421501
India.
Contact No: +1 973 241 5193
Email: sales@marketprognosis.com

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