EHS Software Market Size And Forecast 2017-2022 (Global)
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Executive Summary
This report provides executives at EHS software vendors and investors with a detailed analysis of the size and forecast of the global market for EHS software including both enterprise and mobile applications. According to the market model, spending on EHS software will reach $1.1 billion in 2017 and this will grow at a compound annual growth rate of 9.3% to reach $1.7 billion in 2022. Increased spending is driven by positive economic growth forecasts, private equity and corporate investment in EHS software vendors and wider knowledge of the value of software among EHS decision-makers. In 2018 and 2019, growth in vendor revenues will be limited to single digits by intense competition and a migration from upfront license fee contracts to cloud subscription contracts. Industries with high EHS risk profiles will continue to dominate spending although flat oil prices will not result in a larger role for the petro-chemicals sector. Developing economies’ share of spend will increase to a small extent during the five year forecast primarily due to higher economic growth rates.
Table of contents
EHS Software Market Size And Forecast 2017-2022Model Updates Reflect Industry-Level EHS Risk Factors And Evolution Of EHS Software
Market Size For 2017 Is Based On Vendor Revenues And Software Penetration Rates
Worldwide Spending On EHS Software Reached $1.1 Billion In 2017
Underlying Economic Drivers Support Growth In Spending On EHS Software
Drivers Specific To EHS Software Have Mixed Effects On Market Development
The EHS Software Market Will Grow At A 9.3% Growth Rate To Reach $1.7 Billion In 2022
Table of figures
Figure 1. Industries Categorized By EHS Risk LevelFigure 2. EHS Software Adoption By Business Process
Figure 3. 2017 EHS Market Size By Region ($ millions)
Figure 4. 2017 EHS Market Size By Industry ($ millions)
Figure 5. 2017 EHS Software Market Size By Industry Risk Category ($ millions)
Figure 6. EHS Budget Changes For 2018
Figure 7. EHS Software Market Forecast And CAGR 2017-2022
Figure 8. EHS Software Market Forecast By Region 2017-2022
Figure 9. EHS Software Market Forecast By Industry 2017-2022
Figure 10. EHS Software Market Forecast By Industry Risk Category 2017-2022
Organisations mentioned
Accenture, Actua, Anderson Construction Company, Arkema, Baring Private Equity Asia, Cority, CVC Capital Partners, Deloitte, eCompliance, Enablon, ETQ, ExxonMobil, EY, Gensuite, Go-ARC, Greencore USA, IMF, Kroger, NordSafety, OECD, OPEC, ProcessMAP, PwC, Rio Tinto, Rivo, SafetyCulture, SAI Global, Sphera, Technology Crossover Ventures, USG Corporation, VelocityEHS, World BankAbout the author
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