Press release
Carbon Footprint Management Market is predicted to touch USD 15.1 billion in 2029, registering 6.0% CAGR during 2022-2029 | Size, Growth & Trends
Carbon Footprint Management Market
For Additional Insights, Click to Access Complete Report - https://www.gmiresearch.com/report/carbon-footprint-management-market/
The factors driving the growth of Carbon Footprint Management Market includes rising concerns related to carbon emissions and climate change, Government regulations related to carbon emissions, increasing number of environment related conferences such as COP2020 and improvements in the living standards. According to the report published by World Health Organization (WHO), between 2030 to 2050, climate change is estimated cause nearly 250,000 additional deaths per year due to malnutrition, malaria, diarrhea and heat stress and direct damage costs to health were calculated around USD 2-4 billion per year by 2030, which is pushing Governments worldwide to adopt carbon footprint management solutions. Moreover, rising adoption of advanced technologies such as Artificial Intelligence (AI), Internet of Things (IoT) and Big Data across industry verticals to reduce carbon emissions, rise in the construction of green buildings across the globe and rapid urbanization, are some of the additional factors supplementing the Carbon Footprint Management Market size. In addition, the increasing investments by major corporations on research and developments, rise in the launch of innovative products and growing population growth rates, are further contributing towards the market growth.
However, growth of the Carbon Footprint Management Market is hindered due to high maintenance costs of carbon footprint management solutions.
The leading players operating in the market are SAP SE, Enablon France SA, Trinity Consultants, Inc, Salesforce.com, Inc, EsNGIE SA, IsoMetrix Inc, Schneider Electric, Intelex Technologies, IBM Corporation and Trinity Consultants Inc., among others.
Based on Deployment Mode, the Cloud segment is predicted to grow at a significant CAGR during the forecast period
Organizations are adopting cloud-based solutions because it provides safety and security, scalability, speed and offers 24/7 service, are some of the factors pushing growth of the segment.
Based on Vertical, the Transportation and Logistics segment is projected to expand at a remarkable CAGR over the forecast period
Growing concerns related to climate change and global warming, are pushing the demand for carbon footprint management solutions in transportation and logistics industry.
Based on Region, the North American region is anticipated to capture the largest market share during the forecast period
As per the Carbon Footprint Management Market Forecast, presence of the leading players such as Trinity Consultants, Inc, Salesforce.com, Inc., and IBM Corporation, increasing population growth rates and high per capita incomes, are some of the important factors augmenting the market growth in North American region.
Market Segmentation
Segmentation by Component
Solution
Services
Consulting
Integration and Deployment
Support and Maintenance
Segmentation by Deployment Mode
Cloud
On-premises
Segmentation by Organization Size
SMEs
Large Enterprises
Segmentation by Vertical
Manufacturing
Energy and Utilities
Residential and Commercial Buildings
Transportation and Logistics
IT and Telecom
Segmentation by Region
Asia Pacific
China
Japan
India
Rest of APAC
North America
United States of America
Canada
Europe
United Kingdom
Germany
France
Spain
Rest of Europe
RoW
Brazil
South Africa
Saudi Arabia
UAE
About GMI Research
GMI Research is a market research and consulting firm which provides market insights and intelligence across 12 major sectors helping our clients in making effective investment and business decisions.
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