About Environmental Health Safety Management Tools
Environmental health safety management tools help organizations to reduce workplace risk and streamline the complex EHS management process. EHS tools are used for sustainability analysis and seamless compliance management to improve business performance, enhance productivity, and reduce operational costs. EHS Software is widely deployed in highly regulated industries like chemical, oil & gas, mining, manufacturing, etc. for waste management, hazardous material management, and to meet environment and regulatory compliance.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Environmental Health Safety Management Tools 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.
SAP (Germany), IBM (United States), Oracle Corporation (United States), Salesforce (United States), Benchmark ESG (United States), Dassault Systemes (France), Microsoft (United States), Intelex Technologies (Canada), ComplianceQuest, Inc. (United States), SafetyAmp (United States) and StarTex Software LLC (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are ETQ (United States), HIS (United States) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Environmental Health Safety Management Tools market by , Application (Audit Management, Incident Management, Risk Management, Hazardous Material Management, Document Management and Others) and Region.
On the basis of geography, the market of Environmental Health Safety Management Tools has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, 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). If we see Market by Vertical, the sub-segment i.e. Healthcare will boost the Environmental Health Safety Management Tools market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Organization Size, the sub-segment i.e. Small and Medium Businesses will boost the Environmental Health Safety Management Tools market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Deployment, the sub-segment i.e. Cloud will boost the Environmental Health Safety Management Tools market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Operating System, the sub-segment i.e. Windows will boost the Environmental Health Safety Management Tools market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rise in Adoption of EHS Management Mobile Apps by Organizations
Market Growth Drivers:
Surging Demand for EHS Tools to Monitor and Control Risks and Enhance Performance and Growing Focus and Emphasis on the Health & Safety of Employees
Challenges:
Cost of Training as Employees Should Have Deep Knowledge about EHS
Restraints:
Slow Adoption in Some Underdeveloped Countries Due to Inadequate IT Budget
Opportunities:
Digital Transformation of Organizations and High Investment in Cloud EHS
Market Leaders and their expansionary development strategies
In July 2021, HSI, a leader in EHS and workforce development software, training, and compliance solutions acquired Solv Solutions. Solv Solutions provides workplace injury, health, safety, and worker compensation claims management solutions for businesses. By acquiring the Solv, HSI will add workplace safety, compliance, and injury solutions to its content, training, and software suit.
In February 2023, HSI, a leader in Environmental, Health and Safety (EHS), compliance, and professional development training and software, announced the launch of its new EHS Essentials solution, designed to meet the growing demand for comprehensive, cost-effective EHS solutions.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Environmental Health Safety Management Tools Providers, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations, End-User Industries 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.