Market Size And Forecast: Digital EHS Services 2021-2026

Published 2 February 2022 by Tom Brown & Bill Pennington &
EHS Mobile Apps EHS Services EHS Software Environment, Health & Safety Market Size & Forecast

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Executive Summary

This report helps executives, practice managers and business strategists at firms providing EHS services globally to improve business performance by better understanding market opportunities around digital EHS services. The end of 2021 brought to a close a year of uncertainty in the industrial world. Firms struggled to face the difficulties left in the wake of the pandemic and to address pressing new priorities such as the climate crisis and ESG boom. EHS consultancies, however, have benefited from this, with 2021 seeing an increase in EHS services spend despite the fact that the COVID recession is still affecting many firms’ budgets .The digital segment of the EHS services sector has witnessed the most rapid growth amongst all EHS services revenue streams, with many firms turning to accelerated EHS digitization strategies to solidify business resilience. At the close of 2021, Verdantix valued the market at over $2.7 billion; due to a number of drivers we also predict the consistent growth of digital EHS services over the next five years at a CAGR of 8%.

Table of contents

Digital EHS Services Witness Steady Growth To Facilitate Corporate Technology Roadmaps 
An Overview Of The Digital EHS Services Market 
Market Size Data Are Formulated From Aggregate Vendor Revenues And Customer Penetration Data 
Digital EHS Services Forecast Is Influenced By Industry, Region And Market Trends 

Services Firms Will Ride New Wave Of Corporate EHS Digitization To Increase Revenues 
Digital EHS Services Market Hits $2.7 Billion By The End Of 2021
Market Set For A Period Of Growth Throughout Five-Year Forecast
Global EHS Insights Shape The Growth Forecast Of The Digital Services Market

Table of figures

Figure 1. Digital EHS Services Revenue Streams 
Figure 2. Categorization Of Industries Based On EHS Risk Level 
Figure 3. Uptake Of Digital EHS Technologies In 2022 
Figure 4. EHS Services Spend Split By Service Line 2021 ($millions) 
Figure 5. EHS Services Spend By Region 2021 ($millions) 
Figure 6. EHS Services Spend Split By Industry Risk Group 2021 ($millions) 
Figure 7. Digital EHS Services Market Growth (2021-2026) 
Figure 8. Digital EHS Services Growth By Revenue Stream (2021-2026) 
Figure 9. Digital EHS Services Spend By Industry Risk Level (2021-2026) 

About the authors

Tom Brown

Analyst
Tom is a Technology Analyst in the Verdantix EHS practice. His current research agenda focuses on technology mega-trends, EHS software, and sustainability. Tom joined Verdantix after graduating from the University of Nottingham with a M.Eng. in Chemical Engineering, with particular focus on Process Simulation and environmental sustainability.

Bill Pennington

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.

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