Press release
Sustainability and Energy Management Software Market Size, Key Drivers, Analysis 2023-2033
Sustainability and Energy Management Software Market Size
Ready to Dive into Something Exciting? Get Your Free Exclusive Sample of Our Research Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=8249&type=smp
According to The Business Research Company's, The sustainability and energy management software market size has grown rapidly in recent years. It will grow from $1.35 billion in 2023 to $1.54 billion in 2024 at a compound annual growth rate (CAGR) of 13.8%. The growth in the historic period can be attributed to corporate sustainability initiatives, regulatory compliance requirements, energy cost savings, growing awareness of climate change.
The sustainability and energy management software market size is expected to see rapid growth in the next few years. It will grow to $2.48 billion in 2028 at a compound annual growth rate (CAGR) of 12.7%. The growth in the forecast period can be attributed to demand for transparency and reporting, increasing investor and consumer focus on sustainability, supply chain sustainability management, evolving esg (environmental, social, and governance) standards. Major trends in the forecast period include decision-making through data analytics, transparency and stakeholder communicatio, sustainability in supply chains, renewable energy integration, digitalization and iot integration.
Get The Complete Scope Of The Report @
https://www.thebusinessresearchcompany.com/report/sustainability-and-energy-management-software-global-market-report
Market Drivers and Trends:
The increasing government initiatives for energy efficiency is expected to propel the growth of sustainability and energy management software market going forward. Government initiatives are programs or projects that are undertaken by governments to address social, economic, or environmental issues. Governments are using a variety of incentives to encourage the adoption of sustainability and energy management software. Additionally, financial incentives, penalties, and global harmonization efforts contribute to the increasing demand for sustainability and energy management software in meeting evolving regulatory requirements. For instance, in August 2023, according to UK government's official website, in 2021, the UK government launched the Net Zero Innovation Portfolio (NZIP), a $1.37 billion (£1 billion) fund designed to accelerate the commercialization of innovative technologies and processes, thereby advancing decarbonization in the UK and supporting its net zero emissions commitment by 2050. Therefore, the increasing government initiatives for energy efficiency are driving the growth of sustainability and energy management software market.
Major companies operating in the sustainability and energy management software market are developing advanced energy storage software platforms to gain a competitive edge in the market. For instance, in September 2023, FlexGen Power Systems, Inc., a US-based energy storage technology company launched the HybridOS 11, the latest version of its energy management software platform. HybridOS 11 introduces advanced features aimed at enhancing the user experience, ensuring system stability, and providing greater control over site operations for energy storage asset owners and operators. Key features include an Enhanced User Interface with a Dark Mode option, Scheduler Mode Upgrade for improved event scheduling, Constant Power Factor and Reactive Power POI Limits for comprehensive control, and a Performance Index offering a quick overview of site operations. The platform also introduces a Digital Twin, a cloud-based simulation using machine learning to calculate expected site performance.
Key Benefits for Stakeholders:
• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.
Major Key Players of the Market:
Accuvio lnc., Ecova Inc., Enablon North America Corp., Envizi Pty Ltd., Figbytes Inc., Gensuite LLC, International Business Machines Corporation, ICONICS Inc., SAP SE, Schneider Electric SE, UL EHS Sustainability, British Energy Saving Technology, LogicLadder Technologies Pvt.Ltd., Syam Software Inc., Urjanet Energy Solutions Pvt Ltd, Verisae, CA Technologies Inc., Thinkstep, Siemens AG, Johnson Controls International plc, Honeywell International Inc., Eaton Corporation plc, General Electric Company, Rockwell Automation Inc., Emerson Electric Co., OSIsoft LLC, Yokogawa Electric Corporation, Mitsubishi Electric Corporation, IntegrityNext, EHS Insight, SmartHead, VelocityEHS
Sustainability and Energy Management Software Market 2024 Key Insights:
• The sustainability and energy management software market size is expected to see rapid growth in the next few years. It will grow to $2.48 billion in 2028 at a compound annual growth rate (CAGR) of 12.7%.
• Rising Investments In Eh&S And Sustainability Initiatives Drive Growth In The Sustainability Software Market
• Product Innovations Transforming The Sustainability And Energy Management Software Market
• North America was the largest region in the sustainability and energy management software market in 2023
We Offer Customized Report, Click @
https://www.thebusinessresearchcompany.com/Customise?id=8249&type=smp
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Sustainability and Energy Management Software Market Size, Key Drivers, Analysis 2023-2033 here
News-ID: 3742400 • Views: …
More Releases from The Business research company
Seed Treatment Fungicides Market to Grow at 9.3% CAGR, Reaching $3.15 Billion by …
Use ONLINE30 for 30% savings on global market reports and stay on top of tariff updates, market trends, and economic shifts worldwide.
Seed Treatment Fungicides Market Outlook: How is the Market Expected to Grow by 2025?
Over the past few years, the market for seed treatment fungicides has seen robust growth. Its market value is projected to rise from $2.07 billion in 2024 to $2.21 billion in 2025, signifying a compound annual…
Rheology Modifiers Market Growth to be Driven by Emerging Trends | $10.92 Billio …
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.
What is the Projected Market Size of the Rheology Modifiers Industry?
There has been a consistent expansion in the size of the rheology modifiers market in the past few years. The market, which was worth $8.59 billion in 2024, is projected to increase to $8.89 billion in 2025, demonstrating a compound…
Polyurethane Foam Market to Record 8.4% CAGR Growth Through 2029 | Global Analys …
Use ONLINE30 for 30% savings on global market reports and stay on top of tariff updates, market trends, and economic shifts worldwide.
Polyurethane Foam Market Outlook: How is the Market Expected to Grow by 2025?
In recent years, the size of the polyurethane foam market has experienced substantial growth. It is projected to increase from a value of $54.27 billion in 2024 to $57.26 billion in 2025, indicating a compound annual growth…
Pharmaceutical Intermediates Market Size to Reach $46.04 Billion by 2029 | Growt …
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.
What is the Projected Market Size of the Pharmaceutical Intermediates Industry?
There has been consistent growth in the market size of pharmaceutical intermediates over the past few years. The market is predicted to increase from a value of $33.37 billion in 2024, up to $34.95 billion in 2025, with a compound…
More Releases for Sustainability
Green Technology and Sustainability Market Size By Dynamics Sustainability Trend …
The Green Technology and Sustainability Market report 2025-2034 has been added by Exactitude Consultancy in order to gain a more robust and efficient corporate view. This entails examining past developments, present market conditions, and prospective future developments. The market's major companies' products, strategy, and market share are accurately described. This study offers a thorough analysis of the global market's competitive environment. Over the course of the projection period, the study…
Sustainability Forum Announcement
Eco-Yachting Crew Talks
Title: Eco-Yachting Crew Talks: Navigating a Sustainable Future in the Yachting Industry
Subtitle: Empowering Yacht Crew with Knowledge and Tools for Eco-Friendly Practices
FOR IMMEDIATE RELEASE
Eco-Yachting Crew Talks: Navigating a Sustainable Future in the Yachting Industry
August 28th-29th / Live Broadcast on Social Media & On-Demand for Registrants!
Join Us for an Enlightening Conference on Sustainability in Yachting!
Fort Lauderdale - Yachting International Radio (YIR) is thrilled to announce the second edition of…
Schneider Electric Sustainability Impact Awards Return, Underscoring a Commitmen …
Schneider Electric, the leader in the digital transformation of energy management and automation, today announced a global call for entries for its third annual Schneider Electric Sustainability Impact Awards to celebrate its partner ecosystem in creating a more sustainable and electric world. This year, the application has been revamped and submissions are open until Oct. 15, 2024. Global winners will be announced in early 2025.
Named last week by Time Magazine…
CapitaLand Investment's global sustainability leadership recognised on Dow Jones …
CapitaLand Investment Limited (CLI) has once again been listed as a constituent on the Dow Jones Sustainability World Index (DJSI World) and Dow Jones Sustainability Asia Pacific Index (DJSI Asia Pacific) in 2022. This is CapitaLand's 11th year on DJSI World, and 14th on DJSI Asia Pacific. CLI is the only real estate company in Singapore to be listed on DJSI World in 2022. CapitaLand is also…
First SAGT Sustainability Report
Port of Colombo-based South Asia Gateway Terminals’ (SAGT) first sustainability report reveals a challenging battle against carbon emissions.
Accounting for the 2019/2020 financial year, SAGT’s ‘Going Beyond’ report shows its carbon footprint was 26,881MT, equating to 19.91kg of carbon emissions per box move, which is a 7% increase in terms of total carbon footprint and a 9.8% increase per box move in comparison to 2018/19. Investing in hybrid technology is just…
Sustainability in Hotels - How and why hotels are increasing their sustainabilit …
HTF Market Intelligence released a new research report of 17 pages on title 'Case Study: Sustainability in Hotels - How and why hotels are increasing their sustainability initiatives' with detailed analysis, forecast and strategies. The study is a perfect mix of qualitative and quantitative Market data collected and validated majorly through primary data and secondary sources. The study covers key regions that includes North America, Europe or Asia and important…
