Market Size And Forecast: Safety Management Software 2021-2026
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Executive Summary
This report helps executives at safety management software vendors, EHS service providers, and investors focused on the safety management software market understand the current state and size of the market, as well as the trends and drivers that will shape it into 2026. The Verdantix market model is driven by current macroeconomic drivers and is informed by EHS software revenues and customer distribution across safety management use cases, as indicated by our global survey of 301 EHS software decision-makers. Verdantix calculates that the safety management software market will reach $957 million in 2021. The market will then grow at a 12.1% CAGR to reach $1.7 billion in 2026. This expansion will, in part, be driven by software vendors increasingly targeting a wider portion of the potential market by catering to small and medium-sized enterprises (SMEs). Additionally, growing stakeholder expectations and the impact of environmental, social and governance (ESG) factors are raising safety management standards beyond simply meeting compliance.Market Size Data Reflect Aggregate Safety Management Software Revenues And Trends
Macro-Level Economic Drivers Support Software Growth Across Industries And Geographies
Global Spend On Safety Management Software Will Reach $957 Million In 2021
Tapping Into The Unlocked Potential Of The SME Market Will Increase Safety Management Software Spend
Safety Management Software Market Will Grow At A CAGR Of 12.1% To Reach $1.7 Billion In 2026
Figure 2. Adoption Of Software By EHS Processes In 2021
Figure 3. Safety Management Software Market Size By Region 2021
Figure 4. Safety Management Software Market Size By Industry Risk Category 2021
Figure 5. Safety Management Software Market Forecast And CAGR 2021-2026
Figure 6. Safety Management Software Market Forecast By Region 2021-2026
Figure 7. Safety Management Software Market Forecast By Industry Risk 2021-2026
About the Authors
Bill Pennington
VP Research
Bill is VP Research at Verdantix, where he leads analysis on the evolving and interconnected landscapes of EHS, quality, AI and enterprise risk management. His research helps ...
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Chris Sayers
Senior Manager
Chris is a Senior Manager at Verdantix. His current research agenda targets enterprise AI integration and adoption, AI market trends and agentic AI. Chris joined Verdantix in ...
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