Carbon Footprint Management Market to Grow with a CAGR of 10.30% During the Forecast Period
Increase in government
initiatives for low carbon policies for environmental sustainability to drive
the Global Carbon Footprint Management Market in the forecast period, 2023-2027
According
to TechSci Research report, “Carbon Footprint Management Market- Global Industry Size,
Share, Trends, Competition, Opportunities and Forecast, 2017-2027”
The
global carbon footprint management market may show a robust growth in the
forecast years, 2023-2027 with an anticipated CAGR of 10.30%. The
market growth can be attributed to the factors like increasing demand to
decrease the emission of greenhouse gases. Rising concerns regarding depleting
environment and high prevalence of pollution-based diseases and infections are
driving the growth of the global carbon footprint management market. Moreover,
surging demand from the factories, manufacturing units and vehicle emissions to
decrease the emissions of harmful gases also supports the growth of the global
carbon footprint management market in the next five years. Technological
advancement in the sector and surging demand to decrease greenhouse gases
concentration are some of the major factors aiding the growth of the global
carbon footprint management market in the future five years. Also, increasing
involvement of market players to promote green environment, increasing
investment and favorable government schemes to decrease the concentration of
greenhouse gases further substantiates the growth of the global carbon
footprint management market in the forecast years, until 2027.
Browse over 144 market data Figures spread through 197 Pages and an in-depth TOC on "Global
Carbon Footprint Management Market"
https://www.techsciresearch.com/report/carbon-footprint-management-market/4704.html
The
global carbon footprint management market is segmented by component, deployment
mode, type, end user industry, regional distribution, and competitive
landscape. Based on component, the market is further differentiated between
solution and service. Service is further bifurcated into professional and
managed services. Solution segment is anticipated to hold the largest revenue
shares of the market and dominate the market segment in the upcoming five years
on the grounds of increasing concentrations of greenhouse gases in the
environment. Higher carbon emissions from transportation industry,
manufacturing units, and factories, etc. are also responsible for the surge in
demand for carbon footprint management services in the next five years.
Based
on deployment mode, the market is differentiated into on-premise and cloud.
Cloud deployment mode is anticipated to hold the largest revenue shares of the
market and dominate the market segment in the next five years on the grounds of
increasing demand for cloud-based services. The cloud-based services offer better
control of the data, lower risk of data loss, etc. Increasing number of
companies are opting for such services, which is also aiding the growth of the
global carbon footprint management market.
Some
of the market players, dominating the global market are
·
IBM
Corporation
·
Wolters
Kluwer N.V.
·
SAP
SE
·
Dakota
Software Corporation
·
Salesforce.com,
Inc.
·
ProcessMAP
Corporation
·
IsoMetrix
·
Sphera
·
Natural
Capital Partners
·
VelocityEHS
·
Aurecon
·
Carbon
Trust
·
Greenstone+
Limited
·
Cority
·
Engie
SA
·
Schneider
Electric SE
·
Accruent
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“North American region dominates the
market owing to increasing investment by the energy & power generation
industries to manage higher carbon emissions. Expansion of industries have
caused higher concentration of greenhouse gases emission and thus causing
severe environmental degradation and climate changes. Higher expenses on related
services and increasing government-based schemes in the countries of the United
States, Canada, and Mexico are also supporting market growth. Increasing number
of market players and their beneficiary schemes, software, and services to
decrease the greenhouse gases are also responsible for the market growth” said
Mr. Karan Chechi, Research Director with TechSci Research, a research based global
management consulting firm.
“Carbon Footprint Management Market- Global Industry
Size, Share, Trends, Competition, Opportunities and Forecast, 2017-2027 Segmented By Component
(Solution vs Service {Professional v/s Managed}), By Deployment Mode
(On-Premise vs Cloud), By Type (Product Focused Carbon Footprint vs Corporate
Carbon Footprint), By End User Industry (IT & Telecom, Energy &
Utilities, Manufacturing, Transportation, Building & Construction, and
Others), By Region”, has evaluated the future
growth potential of global carbon footprint management market and provides
statistics & information on market size, structure and future market
growth. The report intends to provide cutting-edge market intelligence and help
decision makers take sound investment decisions. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in global carbon footprint management market.
Contact
Mr. Ken Mathews
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