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This report helps executives at EHS software vendors, EHS service providers active in EHS information management, and investors in the EHS software market understand the current state and size of the market, as well as the trends and drivers that will shape the market into 2026. The report also considers the 2020 EHS software market size in relation to prior forecasts, to understand the impact of COVID-19 on market size and growth. The Verdantix market model, driven by EHS software revenues and macroeconomic drivers, calculates that the EHS software market will reach $1.47 billion in 2021. The market will grow by a CAGR of 11.5% to reach $2.5 billion in 2026. Growth will be driven by the increasing digitization of EHS processes and the expansion of EHS software capabilities to include environmental, social and governance (ESG), sustainability risk management, and operational risk management (ORM), via acquisitions and private equity investment.
Table of contents
Updated Macroeconomic Drivers And Market Data Provide Granular Detail On The EHS Software Market
Market Size Data Reflect Aggregate EHS Software Revenues And Trends
Macro-Level Economic Drivers Support EHS Software Growth Across Industries And Geographies
EHS Software Market Is Set To Grow, Despite Economic Slowdown In 2020
Global Spending On EHS Software Will Reach $1.47 Billion In 2021
Increasing Digitization And Expanding Software Capabilities Contribute To Market Growth
EHS Software Market Will Grow At A CAGR Of 11.5% To Reach $2.5 Billion In 2026
Table of figures
Figure 1. Industries Categorized By EHS Risk Level
Figure 2. Impact Of COVID-19 And Recession On 2020 Market Spend ($ million)
Figure 3. 2021 EHS Software Market Size By Region ($ million; %)
Figure 4. 2021 EHS Software Market Forecast By Industry ($ million)
Figure 5. 2021 EHS Software Market Industry Spend Breakdown
Figure 6. 2021 EHS Software Market Size By Industry Risk Category ($ million; %)
Figure 7. EHS Software Market Forecast And CAGR 2021-2026
Figure 8. EHS Software Market Forecast By Region 2021-2026 ($ million)
Figure 9. EHS Software Market Forecast By Industry Risk Category 2021-2026 ($ million)
Organisations mentioned
Benchmark Digital,
CGE Risk,
ComplianceQuest,
CVC Growth Partners,
Deloitte,
EcoVadis,
Enablon,
European Chemicals Agency (ECHA),
eVision,
Huddle,
Ideagen,
Ineos,
International Monetary Fund (IMF),
IsoMetrix,
Organisation for Economic Co-operation and Development (OECD),
Petrotechnics,
PwC,
Quentic,
Sphera,
Sustainability Accounting Standards Board (SASB),
Task Force on Climate-related Financial Disclosures (TCFD),
TenForce,
The Carlyle Group,
US Energy Information Administration (EIA),
Wolters Kluwer
About the authors
Analyst
Chris is a Technology Analyst in the Verdantix EHS practice. His current research agenda focuses on digital mental health and wellbeing solutions. Chris joined Verdantix in 2020 and has previous experience at EY, where he specialised in robotic process automation (RPA). He holds an M.Eng. in Engineering Science from Oxford University with a concentration in machine learning and machine vision.
Research Director, Environment, Health & Safety
Bill leads the Verdantix Environment, Health & Safety practice. His current agenda focuses on EHS and sustainability services, product stewardship as well as benchmarking EHS technology buyer’s budgets, priorities and preferences globally. Bill comes from a background of corporate EHS roles in the manufacturing and logistics industries. He holds an MBS degree in sustainability from the Rutgers University.
Principal Analyst
Yaowen is a Principal Analyst at Verdantix conducting research on EHS and ESG information management. His current agenda focuses on digital technologies, best practices and growth strategies across EHS, product stewardship, sustainability performance and ESG risk management. Yaowen has more than seven years of experience managing and delivering EHS and ESG research and consulting engagements to corporates, vendors, investors and industry associations. He holds a dual major bachelor’s degree in environmental management and international relations from the University of Pennsylvania.