Market Size And Forecast: IH/OH Software 2020-2025 (Global)

This report helps executives at industrial hygiene and occupational health (IH/OH) software vendors, EHS service providers investors focused on the EHS software and IH/OH market understand the current state and size of the market, as well as the trends and drivers that will shape it into 2025. The Verdantix market model, built from previous year IH/OH software revenues and driven by current macroeconomic drivers, estimates that the IH/OH software market will reach $253 million in 2020. The IH/OH software market will then grow at a 9.7% compound annual growth rate to reach $403 million in 2025. This growth is driven by emerging regional adoption of EHS software and new customer demand for IH/OH software to better manage worker health and exposure. Additionally, this model includes the negative economic impacts of the COVID-19, as well as the expected growth in IH/OH software as firms recognize the value of digital platforms for better visibility of worker exposure and health.