Environment, Health, and Safety (EHS) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Environment, Health, and Safety (EHS) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

The global environment, health, and safety (EHS) market size reached US$ 72.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach a value of US$ 121.5 Billion by 2028, exhibiting a growth rate (CAGR) of 8.6% during 2023-2028.

Environment, health, and safety (EHS) refers to a department ensuring that the work of an organization follows best practices, complies with applicable legislation, and does not cause any environmental damage or put the health and safety of workers at risk. It aims at preventing and reducing accidents caused by ergonomic hazards, exposure to carcinogens, fall from height and heavy machinery, while increasing the productivity and profit of the company. As a result, it finds extensive applications in the energy and utility, healthcare, construction, government, food and beverage (F&B), and defense sectors around the world.

Environment, Health, and Safety (EHS) Market Trends:
At present, there is a rise in the utilization of EHS software and services to aid companies in meeting the standards established by various environmental bodies across the globe. This, along with the rising awareness among individuals about environmental issues, represents one of the key factors driving the market. Moreover, stringent regulations implemented by governments of several countries to promote environmental health and safety are propelling the growth of the market. In addition, there is an increase in the integration of the internet of things (IoT), big data, data analytics, and mobility in EHS. This, coupled with the growing employment of EHS in wastewater treatment plants due to the rising number of laws for the discharge of wastewater containing zinc, lead, and mercury, is positively influencing the market. Besides this, the growing investments in EHS software by small and medium-sized businesses are offering a positive market outlook. Additionally, the escalating demand for EHS solutions for worldwide testing and maintaining quality standards in the chemical industry is bolstering the growth of the market.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global environment, health, and safety (EHS) market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on component, deployment type and vertical.

Breakup by Component:

Software
Services
Analytics
Project Deployment and Implementation
Business Consulting and Advisory
Audit, Assessment and Regulatory Compliance
Certification
Training and Support

Breakup by Deployment Type:

On-premises
Cloud-based

Breakup by Vertical:

Energy and Utilities
Chemicals and Materials
Healthcare
Construction and Engineering
Food and Beverage
Government and Defense
Others

Breakup by Region:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Alcumus Group Limited, Dakota Software Corporation, Enhesa, ETQ LLC (Hexagon AB), Intelex Technologies ULC (Industrial Scientific Corporation), ProcessMAP Corporation, Pro-Sapien Software, SafetyCulture Plus Pty Ltd., SAP SE, Sphera Solutions Inc., UL LLC and Verisk Analytics Inc.

Key Questions Answered in This Report

1. What was the size of the global environment, health, and safety (EHS) market in 2022?
2. What is the expected growth rate of the global environment, health, and safety (EHS) market during 2023-2028?
3. What has been the impact of COVID-19 on the global environment, health, and safety (EHS) market?
4. What are the key factors driving the global environment, health, and safety (EHS) market?
5. What is the breakup of the global environment, health, and safety (EHS) market based on the component?
6. What is the breakup of the global environment, health, and safety (EHS) market based on the deployment type?
7. What is the breakup of the global environment, health, and safety (EHS) market based on vertical?
8. What are the key regions in the global environment, health, and safety (EHS) market?
9. Who are the key players/companies in the global environment, health, and safety (EHS) market?