Press release
Sustainability and Energy Management Software Market Forecasted to Reach US$ 1.7 Bn
According to Persistence Market Research’s recently published report on the global market for sustainability & energy management software, factors driving the growth in demand for such software include:
Leading organizations across multiple industrial verticals are investing in development of such software to improve profit margins by ensuring greater return on capital and by reducing operating costs through advanced natural-resource management
As more companies are being aware of the benefits of sustainability & energy management software, developers are advancing their offerings through intrinsic reformations and custom-made deliveries, which is incidentally helping companies employ sustainability & energy management programs along industrial guidelines & regulatory obligations
Vendors are adopting sustainability & energy management software to capitalize opportunistic profits from big data analytics, cloud computing, remote connectivity, mobility and other emerging technologies.
The report estimates that the US$ 753.3 Mn market for sustainability & energy management software will expand across the globe at 10.8% CAGR to bringing in a little over US$ 1,700 Mn by the end of 2024. During this eight-year forecast period, above factors will instrument an impressive revenue growth for the global sustainability & energy management software market.
The report has also profiled companies globally-prominent for developing sustainability & energy management software, which include Schneider Electric, IBM Corporation, SAP SE, CA Technologies, Verisae, Inc., Thinkstep, Urjanet, UL EHS Sustainability, Accuvio, Ecova Inc., FigBytes Inc., ENVIZI, Gensuite LLC, Enablon and ICONICS, Inc.
The report further reveals that the global sustainability & energy management software market will remain split between on-premise and cloud-based software. In 2017, on-premise sustainability & energy management software will be in great demand, but will lose out to cloud-based software by the end of 2024. Cloud-based sustainability & energy management software are projected to account for more than half of global market revenues, towards the end of the forecast period. Automotive, building automation, utilities & energy, and oil & gas are noted as the most lucrative end-use industries for sustainability & energy management software. Collectively, these four end-use applications of sustainability & energy management software will register revenue growth at more than 11% CAGR. Likewise, carbon reporting & management modules in sustainability & energy management software will remain in great demand. Demand for software with sustainability reporting module is also expected to grow over the years, and is anticipated to exhibit highest revenue growth at 13.4% CAGR.
About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com
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 Forecasted to Reach US$ 1.7 Bn here
News-ID: 613610 • Views: …
More Releases from Persistence Market Research Pvt. Ltd
Innovative Rehabilitation Technologies Drive Growth in Stroke Rehabilitation Mar …
Stroke Rehabilitation Market Size
The global stroke rehabilitation market size was valued at US$ 266.4 million in 2021 and is expected to grow at a CAGR of 9% from 2022 to 2032. Revenue generated from the sales of stroke rehabilitation solutions will surge to US$ 679.6 Million by the end of 2032.
The growth of the market is being driven by the increasing incidence of strokes, the growing demand for innovative rehabilitation…
Launch of New Laser-Based Devices by Key Players Fueling Growth of Global Aesthe …
Market Study on Aesthetic Lasers
The aesthetic lasers market reached US$2.8 billion in global revenue in 2021, and it will continue to expand quickly, with a value CAGR of 6.4%, to reach US$5.5 billion by the end of 2032. The growth of the market is being driven by the increasing demand for minimally invasive cosmetic procedures, rising disposable income, technological advancements, and growing medical tourism.
Stay Ahead with Market Intelligence Get Free…
Predictive Insights for Precision Medicine: The Global Biosimulation Market is S …
Biosimulation Market Research
The Global Biosimulation Market Size was valued at USD 2.9 billion in 2022 and is expected to reach USD 10.0 billion by 2030, registering a CAGR of 16.9% during the forecast period. The growth of the biosimulation market is being driven by the increasing use of biosimulation in a variety of applications, such as drug discovery, clinical trials, and toxicity prediction.
Market Overview
The biosimulation market has experienced rapid growth…
Wheelchair and Components Market: Growing Demand for Lightweight and Smart Wheel …
Wheelchair and Components Market
The global wheelchair and components market is projected to reach USD 17.9 billion by 2033, at a CAGR of 3.7% from 2022-2033. The growth of the market is driven by the increasing prevalence of disabilities, the rising geriatric population, and technological advancements in wheelchair design and manufacturing.
Click Here to Get Free Sample Copy of this Report@ https://www.persistencemarketresearch.com/samples/12961
The global wheelchair and components market has witnessed significant growth in…
More Releases for Sustainability
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…
Where sustainability matters
The green revolution in Uruguay
Uruguay is a country of almost 3 and a half million inhabitants that has no oil reserves and that until just over 10 years ago imported oil from neighbouring countries. Thanks to the green energy policy launched in 2000, and today, the country produces 97% of the total electricity from renewable sources: solar, hydroelectric, wind, and biomass. A true revolution, the result of a well-structured…
RTF Sustainability Awards 2016
RTF Sustainability Awards 2016
Re-thinking The Future (RTF) was born from the idea of creating a new window on international trends in architecture and design that looks on to radical solutions for the present day problems facing the domain. RTF is a hub of services for architecture and design. RTF is working to develop an architectural language that would ‘sustain’ and ‘survive’ the impacts of new age challenges, and evolve into…
Sustainability in Project Management
Sustainability is one of the most important challenges today. How can prosperity be developed, without compromising the life of future generations? Companies are integrating ideas of sustainability in their marketing, corporate communications, annual reports and in their actions. It is for that reason that 'sustainability' will find its way to project management methodologies and practices. This book explores the concept of sustainability and its application to project management. It aims…
Sustainability Consultant Robert Kuhn Hosts Institute for Supply Management’s …
At the upcoming Institute for Supply Management’s 4th Annual Sustainability and Social Responsibility Conference (Orlando, FL, November 7 – 8), sustainability consultant Robert Kuhn, president of Kuhn Associates Management Advisors, LLC, will host a one-and-a-half hour “Sustainability Café” session entitled “Sustainability 2.0 – Going Beyond Eco-Efficiency” using the World Cafe platform.
New York City, NY, November 18, 2011 -- At the upcoming Institute for Supply Management’s 4th Annual Sustainability and…
