Press release
Strong Growth Ahead: Environmental Health And Safety (EHS) Software Market Size To Grow At Arecord 8.2% Cagr By 2029
Environmental Health And Safety (EHS) Software
How Big Is the Environmental Health And Safety (EHS) Software Market Size Expected to Be by 2034?
The environmental health and safety (EHS) software market has grown steadily. It is forecasted to rise from $7.56 billion in 2024 to $8.21 billion in 2025, with a CAGR of 8.5%. Factors driving this growth include growing demand for data handling, heightened workplace safety focus, environmental protection efforts, the need for regulatory compliance, and better mobile accessibility.
The environmental health and safety (EHS) software market is projected to grow robustly, reaching $11.26 billion in 2029, with a CAGR of 8.2%. The increase will be supported by cloud adoption, corporate responsibility efforts, workplace safety concerns, automated compliance management, and heightened environmental awareness. Key trends include IoT connectivity, cloud solutions, machine learning, and data-driven safety insights.
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What Are the Emerging Segments Within the Environmental Health And Safety (EHS) Software Market?
The environmental health and safety (EHS) software market covered in this report is segmented -
1) By Component: Solution, Services
2) By Deployment Model: Cloud, On-Premises
3) By Application: Small And Medium Enterprises (SMEs), Large Enterprises
4) By End-User Vertical: Oil And Gas, Energy And Utilities, Healthcare And Life Sciences, Construction And Manufacturing, Chemicals, Mining And Metals, Food And Beverages, Other End-User Verticals
Subsegments:
1) By Solution: EHS Management Software, Incident Management Software, Compliance Management Software, Risk Management Software, Audit Management Software, Training Management Software, Environmental Management Software, Chemical Management Software, Safety Data Sheet (SDS) Management Software, Mobile EHS Solutions
2) By Services: Consulting Services, Implementation Services, Training and Support Services, Maintenance and Upgrade Services, Integration Services, Data Analysis Services
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What Long-Term Drivers Are Shaping Environmental Health And Safety (EHS) Software Market Trends?
The increasing number of corporate social responsibility (CSR) initiatives is expected to propel the growth of the environmental health and safety (EHS) software market going forward. Corporate social responsibility (CSR) initiatives refer to specific actions and programs that companies undertake as part of their CSR strategy to take responsibility for their impact on society beyond just maximizing profits. The number of corporate social responsibility (CSR) initiatives is increasing due to several reasons, such as enhanced reputation, risk management, consumer expectations, investor attraction, and innovation and improvement. Environmental health and safety (EHS) software supports corporate social responsibility (CSR) initiatives by helping companies track sustainability efforts, ensure compliance with environmental regulations, and promote a safer, more ethical workplace. For instance, in January 2024, according to the survey conducted on 612 participants by Virgin Pulse, a US-based comprehensive employee wellness platform, participation in wellbeing programs rose by 67% compared to 2022, highlighting significant growth in employee engagement. Therefore, the increasing number of corporate social responsibility (CSR) initiatives is driving the growth of the environmental health and safety (EHS) software market.
Who Are the Top Competitors in Key Environmental Health And Safety (EHS) Software Market Segments?
Major companies operating in the environmental health and safety (EHS) software market are International Business Machines Corporation, Honeywell International Inc., SAP SE, Wolters Kluwer N.V., Drägerwerk AG & Co. KGaA, Tetra Tech Inc., UL Solutions Inc., Ramboll Group A/S, Diligent Corporation, Sphera Solutions Inc., Health & Safety Institute Inc., Cority Software Inc., SafetyCulture Pty Ltd., Benchmark ESG, Verisk 3E, Intelex Technologies Inc., Quentic GmbH, EcoOnline AS, iPoint-systems GmbH, Omnigo Software LLC, Dakota Software Corporation, Nimonik Inc., eCompliance Management Solutions Inc.
What Are the Latest Developing Trends in the Environmental Health And Safety (EHS) Software Market?
Major companies operating in the environmental health and safety (EHS) software market are focusing on developing advanced technologies, such as EHS solutions to track and manage workplace incidents. EHS solutions refer to a comprehensive framework and set of practices aimed at managing environmental, health, and safety (EHS) aspects within organizations. For instance, in February 2023, Health & Safety Institute (HSI) Inc., a US-based software company, launched EHS Essentials to address the increasing demand for comprehensive and cost-effective environmental, health, and safety (EHS) solutions. EHS Essentials is designed to streamline workplace safety and compliance by offering an all-in-one platform that simplifies the management of incidents, audits, inspections, and OSHA compliance. This innovative solution helps organizations transition from manual processes to digital systems, improving efficiency and ensuring better management of their EHS responsibilities.
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Which Regions Are Becoming Hubs for Environmental Health And Safety (EHS) Software Market Innovation?
North America was the largest region in the environmental health and safety (EHS) software market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the environmental health and safety (EHS) software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Environmental Health And Safety (EHS) Software Market?
2. What is the CAGR expected in the Environmental Health And Safety (EHS) Software Market?
3. What Are the Key Innovations Transforming the Environmental Health And Safety (EHS) Software Industry?
4. Which Region Is Leading the Environmental Health And Safety (EHS) Software Market?
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Over the past four decades, a large number of EHS regulations has been implemented across major industrialized economies such as North America and Europe.
After the global financial crisis in 2008, implementation of robust and costly EHS monitoring tools…
