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Comprehensive Environment Health And Safety Market Forecast 2025-2034: Growth Trends and Strategic Shifts
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Environment Health And Safety Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size of the environment health and safety sector has seen speedy expansion in the last few years. Expectations forecast an increase from a value of $8.55 billion in 2024 to $9.45 billion in 2025, yielding a compound annual growth rate (CAGR) of 10.5%. Historic growth can largely be ascribed to the increased use of environmental health and safety mobile applications, stringent laws and regulations, enhanced awareness about environment health and safety, industrial efforts to minimize wastage and enhance process efficiency, as well as the rise in regulations regarding employee safety.
Environment Health And Safety Market Size Forecast: What's the Projected Valuation by 2029?
We can anticipate a swift expansion in the environment health and safety market over the following years, with an expected value of $13.98 billion in 2029, reflecting a compound annual growth rate (CAGR) of 10.3%. The surge in this predicted timeline is attributed to escalating government norms for environmental safeguarding, the proliferation of businesses, enhanced industrial investments in EHS IT software for OSHA and EPA regulation compliance, and heightened objectives for waste reduction. The forecast period is likely to witness major trends such as the establishment of sophisticated research and development centers, technological progression, innovative breakthroughs, and policies promoting reduced carbon emissions.
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What Are the Drivers Transforming the Environment Health And Safety Market?
The rise in waste reduction objectives is anticipated to stimulate the environment health and safety market's expansion. Waste reduction goals, defined by individuals, organizations, or governments to lower the quantity of waste produced, discarded, or directed to landfills within a specific time, have become increasingly necessary due to a growing global consciousness for fighting environmental damage and moving towards a sustainable and circular economy. These targets integrate environmental health and safety precautions to reduce pollution, limit harmful waste generation, and protect ecosystems and human health, thereby endorsing sustainable waste management methods. For example, data from gov.uk, a UK-based information portal, shows that in 2022, the UK directed 6.3 million tons of biodegradable municipal waste to landfills, with England responsible for 81% of the total. England, on its own, produced 5.1 million tons of the UK's total biodegradable waste that was allocated to landfills that year. Thus, the surge in waste reduction goals is steering the growth of the environment health and safety market.
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What Long-Term Trends Will Define the Future of the Environment Health And Safety Market?
Top firms in the environment health and safety market are placing emphasis on creating superior cloud private versions, including editions like SAP S/4HANA Cloud private, in order to assist businesses in refining their EHS procedures and promoting sustainable expansion. SAP S/4HANA Cloud Private Edition is a customizable cloud service designed to meet the specific requirements of individual entities, offering flexible cloud deployment options. Case in point, SAP SE, the Germany-based software enterprise, unveiled a novel edition, SAP S/4HANA Cloud private edition, in 2023. This version boasts new functionalities designed to streamline environmental, health, and safety (EHS) processes, which allow firms to pinpoint and alleviate risks, evaluate dangers, put preventive strategies into action, and oversee risk controls. These technological advancements showcase automation, system integration, and clarity, aiding businesses in enhancing their EHS operations and attaining sustainable development.
Which Segments in the Environment Health And Safety Market Offer the Most Profit Potential?
The environment health and safetymarket covered in this report is segmented -
1) By Component: Software, Services
2) By Deployment Mode: Cloud, On-Premise
3) By Application: Medical And Pharmaceutical Waste Management, Industrial Waste Management, Wastewater Management, Other Applications
4) By Vertical: Energy And Utilities, Chemicals And Materials, Healthcare, Construction And Engineering, Food And Beverage, Government And Defense, Manufacturing, Other Verticals
Subsegments:
1) By Software: Environmental Management Software (Ems), Health And Safety Management Software (Hsms), Risk Management Software, Compliance Management Software, Incident Management Software, Environmental, Health, And Safety (Ehs) Analytics Software, Audit And Inspection Management Software, Occupational Health Management Software, Sustainability Reporting Software, Energy Management Software, Document Management Software For Ehs, Safety Training And Learning Management Systems (Lms)
2) By Services: Consulting Services, Implementation And Integration Services, Training And Education Services, Audit And Inspection Services, Risk Assessment And Compliance Services, Managed Services, Environmental Impact Assessment (Eia) Services, Safety And Risk Management Services, Occupational Health And Wellness Services, Incident Investigation And Reporting Services, Ehs Compliance And Regulatory Advisory Services, Outsourced Environmental Monitoring Services
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Which Firms Dominate the Environment Health And Safety Market by Market Share and Revenue in 2025?
Major companies operating in the environment health and safety market are Microsoft Corporation, International Business Machines Corporation, Honeywell International Inc., SAP SE, Salesforce Inc., NEC Corporation, Ball Corporation, Jacobs Engineering Group Inc., AECOM Inc., ERM Group Inc., Blackstone Inc., SGS SA, Wolters Kluwer N.V., John Wood Group PLC, Hexagon AB, TETRA Technologies Inc., UL Solutions Inc., RPS Group plc, Valsoft Corporation Inc., Alcumus HSE Limited, Ideagen plc, Intelex Technologies Inc., Quentic GmbH, Cority Software Inc., Benchmark ESG, Evotix Limited.
Which Regions Offer the Highest Growth Potential in the Environment Health And Safety Market?
North America was the largest region in the environment health and safety market in 2024. Europe is expected to be the fastest growing region in the market. The regions covered in the environment health and safety market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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