Product ID: UCMIG20L2022
Report ID:
UCMIG20L2022 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
The global environment health & safety market was valued at approximately USD 46.62 billion in 2022 and is projected to witness a steady growth rate of 6.5% during the period from 2023 to 2030. EHS solutions play a vital role in helping organizations comply with environmental regulations, ensure employee safety, and minimize risks associated with workplace hazards. The increasing emphasis on sustainable practices, rising awareness about occupational health and safety, and stringent government regulations are key factors driving the growth of the market. With advancements in technology, such as the integration of artificial intelligence and IoT in EHS solutions, organizations are adopting these tools to streamline their operations, reduce costs, and improve overall environmental and safety performance. As a result, the global EHS market is expected to witness significant expansion in the coming years.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Environmental & Facilities Services by segment aggregation, the contribution of the Environmental & Facilities Services in Commercial & Professional Services and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Product ID: UCMIG20L2022