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Surprising growth is expected to be 12.8 percent in CAGR in the environmental health and safety software sector by 2027.

18-12-2019 Pranav Menon

Absolute Markets Insights

The businesses strive to bring environmental regulations into line with their business activities while at the same time adding to the green workforce. In addition to sustainability and wellness standards, the introduction of environmental management and safety was given priority. Strict regulations are laid down by government bodies in emerging economies as a leading cause of growth in the public health and safety software market.

More than 25% of market share was gained by the electricity and infrastructure sector in 2018 and is expected to increase at a CAGR of 13.8% during the forecast period. EHS supports tasks like air emissions within the industry, tracking, managing and reporting automatically. The use of in-depth EHS tools minimizes overheads for infrastructure, health and safety, which dramatically reduces costs by more than 80%, which contributes to significant savings.

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