Sustainability Management Software Market: 11.11% CAGR in 2022 | By deployment and region | Global Forecast to 2026 |

NEW YORK, February 1, 2022 /PRNewswire/ — The Sustainability Management Software Market To share should increase by $842.76 million from 2021 to 2026, at an accelerated CAGR of 11.93%, according to recent Technavio market research. Moreover, the report also provides value chain analysis that helps companies gain a competitive edge in the market. The sustainability management software market value chain consists of the following basic components:

  • Submissions
  • Software development
  • Marketing and distribution
  • After sales services
  • Market innovation

Strong points-

  • Segmentation- The report covers in detail market segmentation by deployment (cloud and on-premises)
  • Key Companies- Accountant, Diligent Corp., ENGIE S.A.Figbytes Inc., IBM Corp., SAP SE, Schneider Electric SE, Sphera Solutions Inc., Urjanet Inc. and Wolters Kluwer NV, among others.
  • Driver- Move towards green initiatives to stimulate the market.
  • Challenge– Integration issues with ERP solutions to hinder market growth

Download a FREE sample: for more additional insights on Sustainability Management Software Market

Segmentation by deployment (In-Scope/Out-of-Scope)

The growth in sustainability management software market share by cloud segment will be significant during the forecast period. The global market for sustainability management software is undergoing a technological shift, driven by the advent of cloud computing. Users are turning to cloud-based sustainability management software because it helps reduce energy consumption, and businesses can cut energy costs by 80-85%. Small and medium-sized enterprises (SMEs) are widely adopting cloud-based software solutions as the move to the cloud opens up new opportunities such as clean energy transitions, which in turn are expected to contribute to the growth of the software market. sustainability management over the forecast period.

To better understand the contribution of different segments to the market Request a FREE sample

Overview of Suppliers-

The Sustainability Management Software market is concentrated and the vendors are deploying various organic and inorganic growth strategies to compete in the market.

  • Increased- The company offers sustainability management software to reduce compliance risk, manage energy consumption and expenditure, monitor utilities, and track refrigerant across multiple sites.
  • Diligent Corp.- The Company offers sustainability management software, namely Accuvio Sustainability Reporting software.
  • ENGIE S.A. The company offers sustainability management software namely Zero Carbon Platform through its ENGIE Impact brand.

Find additional highlights on vendors and their product offerings. Download a free sample report

Learn more about key driver and market challenge-

  • Sustainability Management Software Market Driver:
    • Shift to green initiatives:

The shift towards green initiatives will be one of the growth drivers for the sustainability management software market. Green energy is considered the most effective method to counter the challenges of greenhouse gas (GHG) emissions. Green energy production involves the use of renewable resources as raw materials for energy production. The sustainability management software provides a detailed report on the amount of CO2 generated per unit of production. It helps reduce GHG emissions by allowing users to monitor, measure, plan, store and report carbon emissions data in organizations. Several industries are adopting sustainability management software, which is driving the growth of the market.

  • Sustainability Management Software Market Challenge:
    • Integration issues with ERP solutions:

Integration issues with ERP solutions are key challenges for the growth of the sustainability management software market. Carbon emissions are involved in almost every operational activity of a business, greater benefits of sustainability management software can be achieved by integrating the software with the organization’s enterprise resource planning system. However, this poses integration challenges, as a company’s IT infrastructure may not support sustainability management software and therefore defeat its purpose. It can be difficult and expensive to integrate sustainability management apps that weren’t designed to integrate with other platforms. Hence, integration issues with ERP solutions are a major impediment to the growth of the global sustainability management software market.

Find additional information on various other market drivers and challenges mentioned in our Sample FREE Report.

Did not find what you were looking for ? Customize report-

Don’t miss the opportunity to talk to our analyst and learn more about this market report. Our analysts can also help you customize this report to suit your needs. Our analysts and industry experts will work directly with you to understand your needs and provide you with personalized data in a short period of time.

We offer $1,000 FREE personalization value at time of purchase. Talk to our analyst now!

Here are some similar topics-

Privileged Access Management Solutions Market by Deployment and Geography – Forecast and Analysis 2022-2026: The privileged access management (PAM) solutions market share is expected to grow USD 4.28 billion from 2021 to 2026, and the market growth momentum will accelerate at a CAGR of 22.81%. For in-depth research information: Download an exclusive free sample report

Security Assurance Market by Deployment and Geography – Forecast and Analysis 2022-2026: The security insurance market share is projected to increase by USD 3.14 billion from 2021 to 2026, and the market growth momentum will accelerate at a CAGR of 10.78%. For in-depth research information: Download an exclusive free sample report

Scope of the sustainability management software market

Report cover

Details

Page number

120

base year

2021

Forecast period

2022-2026

Growth momentum and CAGR

Accelerate at a CAGR of 11.93%

Market Growth 2022-2026

$842.76 million

Market structure

Concentrated

Annual growth (%)

11.11

Regional analysis

North America, Europe, APAC, South America and MEA

Successful market contribution

North America at 40%

Main consumer countries

USA, China, UK, Germany and Japan

Competitive landscape

Leading companies, competitive strategies, scope of consumer engagement

Profiled companies

Accruent, Diligent Corp., ENGIE SA, Figbytes Inc., IBM Corp., SAP SE, Schneider Electric SE, Sphera Solutions Inc., Urjanet Inc. and Wolters Kluwer NV

Market dynamics

Parent Market Analysis, Market Growth Drivers and Barriers, Fast and Slow Growing Segment Analysis, Impact of COVID-19 and Future Consumer Dynamics, Market Condition Analysis for the Forecast Period,

Customization overview

If our report does not include the data you are looking for, you can contact our analysts and customize the segments.

About Us

Technavio is a global leader in technology research and consulting. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With more than 500 industry analysts, Technavio’s library of reports Their customer base consists of companies of all sizes, including more than 100 Fortune 500 companies. Technavio’s exploitable market to identify opportunities in existing and potential markets and assess their competitive positions in changing market scenarios.

Contact

Technavio Research

Jesse Maida

Media & Marketing Manager

USA: +1 844 364 1100

UK: +44 203 893 3200

Email: [email protected]

Website: www.technavio.com/

See original content to download multimedia: https://www.prnewswire.com/news-releases/sustainability-management-software-market-11-11-yoy-growth-rate-in-2022–by-deployment- and-region–global-forecast-until-2026–301471517.html

SOURCETechnavio

Margie D. Carlisle