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2023 Sustainability And Energy Management Software Market Growing Trends Report 2032
Sustainability And Energy Management Software Global Market
The Business Research Company's Sustainability And Energy Management Software Global Market Report 2023 identifies increase in investments in environment, health & safety (EH&S), and sustainability software as the major driver for the Sustainability And Energy Management Software market's growth in the forecast period. Energy management software facilitates the reduction of energy expenses and use. It is used to maximize energy efficiency and sustainability, and energy management software can aid cost reduction, carbon footprint reduction, and quality energy enhancement.
The global sustainability and energy management software market size is expected to grow from $1.18 billion in 2022 to $1.34 billion in 2023 at a compound annual growth rate (CAGR) of 13.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The sustainability and energy management software market size is expected to reach $2.16 billion in 2027 at a CAGR of 12.5%.
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Major competitors in the Sustainability And Energy Management Software market are International Business Machines Corporation, Enablon, FIGBYTES Inc., Schneider Electrics, Urjanet, SAP SE, ICONICS Inc.
A key trend in the Sustainability And Energy Management Software market includes adoption of smart meters and smart grids. IoT-based smart meters and grids are nonstandard computing devices that can wirelessly connect to a network and transfer data. Major players operating in the smart meters and grids market are focused on developing advanced IoT-based metering systems to strengthen their market position.
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The Sustainability And Energy Management Software market is segmented -
1) By Software: Cloud based, On-Premise
2) By Module: Utility data management, Carbon reporting & management, Sustainability reporting & management, Energy Optimization, Facility and asset Management, Compliance Management
3) By End User: Automotive, Construction, Manufacturing, Oil and Gas, Pharmaceutical, Utilities and Energy
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Sustainability And Energy Management Software market.
The Business Research Company's "Global Sustainability And Energy Management Software Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Sustainability And Energy Management Software Market Include:
1. Executive Summary
2. Sustainability And Energy Management Software Market Characteristics
3. Sustainability And Energy Management Software Market Trends And Strategies
4. Sustainability And Energy Management Software Market - Macro Economic Scenario
5. Sustainability And Energy Management Software Market Size And Growth
……
27. Sustainability And Energy Management Software Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Sustainability And Energy Management Software Market
29. Sustainability And Energy Management Software Market Future Outlook And Potential Analysis
30. Appendix
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