About Environmental Hazard Monitoring Software
The EHM software includes tools, such as automated investigations, real-time trending, and root cause analysis, which help the government to identify high-risk areas to be affected and provide aid to the affected area. There is an increasing need to reduce environmental pollution to mitigate emerging health issues such as bronchitis, asthma, and COPD. For instance, according to the World Health Organization (WHO) report in 2019, in 15 countries, which emit the most greenhouse gas emissions, the health impacts of air pollution are estimated to cost more than 4% of their GDP.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
Leading key players are focusing on strategic partnerships to improve their products and services. Companies are focusing on increasing their client base to strengthen market position and to enhance product & service offerings. Analyst at AMA Research estimates that European Players will contribute the maximum growth to Global Environmental Hazard Monitoring Software market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Ambiental (United Kingom), Bigtincan (United States), Badger Software (United Kingdom), CH2M (United States), Everbridge (United States), Palantir Technologies (United States), AON (United Kingdom), KatRisk (United Kingdom) and Pasi (Italy) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Stonex (Italy), Mike (Denmark) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Environmental Hazard Monitoring Software market by Type (Automated Investigations, Real-time Trending and Root Cause Analysis), Application (Government, Construction, Logistics, Telecom and Others) and Region.
On the basis of geography, the market of Environmental Hazard Monitoring Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2023. Europe, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement. If we see Market by Deployment Mode, the sub-segment i.e. Cloud will boost the Environmental Hazard Monitoring Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Enterprise Size , the sub-segment i.e. Small and medium-sized enterprises will boost the Environmental Hazard Monitoring Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
The increasing concerns related to health, various countries have started adopting numerous ways to protect the environment
Market Growth Drivers:
Surging demand for environmental pollution and a rise in government policies and regulations to protect the environment
Challenges:
Limited availability of technical skillset
Restraints:
Uncertainty in regulations and standards
Opportunities:
The advent of advanced technologies, such as big data, predictive analytics, deep learning, and machine learning, will enhance EHM software to predict environmental hazards in advance in a region to mitigate the risk and losses associated with the hazard
Market Leaders and their expansionary development strategies
In February 2021, Titan Cloud Software announced that it has acquired Australian firm Environmental Monitoring Solutions (EMS). The move is the latest in a series of growth milestones for Titan Cloud and will enable the company to expand its portfolio of wetstock management solutions and accelerate the company's expansion in non-U.S. markets.
In June 2023, Israel's Bird Aerosystems launched a new airborne surveillance, intelligence, and observation (ASIO) suite, the ASIO Environmental Monitoring System, at the Paris Airshow to combat the threat of oil spills.
Key Target Audience
Government Regulatory Bodies, Private Research Organization, Government Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.