Sustainability Management Software Market: 11.11% CAGR in 2022 | By deployment (cloud and on-premises) and geography

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.

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Additionally, the report also provides Value chain analysis which helps businesses gain a competitive advantage in the marketplace. the Sustainability Management Software Market Value Chain includes 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) and geography (North America, EuropeACPA, South Americaand MEA)
  • 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

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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.

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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.

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Scope of the sustainability management software market

Report cover

Details

Page number

120

Year of reference

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.

Contents

Abstract

Market landscape

  • Market ecosystem
  • Value chain analysis

Market sizing

  • Market definition
  • Market segment analysis
  • Market size 2021
  • Market outlook: forecast for 2021 – 2026

Five forces analysis

  • The bargaining power of buyers
  • Bargaining power of suppliers
  • The threat of new entrants
  • The threat of substitutes
  • Threat of rivalry
  • Market state

Market segmentation by deployment

  • Market segments
  • Comparison by deployment
  • Cloud – Market size and forecast 2021-2026
  • On-site – Market size and forecast 2021-2026
  • Market Opportunity by Deployment

Customer landscape

Geographic landscape

  • Geographic segmentation
  • Geographic comparison
  • North America – Market size and forecast 2021-2026
  • Europe – Market size and forecast 2021-2026
  • APAC – Market size and forecast 2021-2026
  • South America – Market size and forecast 2021-2026
  • MEA – Market size and forecast 2021-2026
  • Main leading countries
  • Market Opportunity by Geography
  • Market factors
  • Market challenges
  • Market trends

Supplier Landscape

  • Overview
  • Landscape disturbance

Vendor analysis

  • Suppliers Covered
  • Positioning on the supplier market
  • Increasing
  • Diligent Corp.
  • ENGIE S.A.
  • Figbytes Inc.
  • IBM Corp.
  • SAP SE
  • Schneider Electric SE
  • Sphere Solutions Inc.
  • Urjanet inc.
  • Wolters Kluwer AG

appendix

  • Report scope
  • Currency conversion rates for the US dollar
  • Research methodology
  • Abreviations list

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