What is Carbon And Energy Software?
The carbon & energy software includes the software applications, which provide services such as real-time metering, building simulation & modelling, carbon sustainability reporting, utility bill tracking, & energy audits. Rise in operational costs & increase in need to reduce energy consumption have fueled the demand for carbon & energy software. In addition, increased concerns towards climate change have made various governments to work towards reducing carbon emissions, which supplements the market growth. Moreover, increase in traction of sustainability management across various industries such as retail, manufacturing, & telecommunication boosts the growth of market.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | CA Technologies (United States), IBM (United States), SAP (Germany), Schneider Electric (France), ACCUVIO (United kingdom), AssetWorks (United States), Ecova (United States), Carbon Clear (United kingdom), Enablon (France) and Enviance (United States) |
Key players are adopting numerous strategy to gain market attention and to increase their market share, this strategy can be listed as increasing product portfolio, making partnership to adopt certain technologies and acquiring small players to finish competition in the future. As well as investing money in R&D sector to make technical up-gradations in the product. Analysts at AMA Research estimates that Players from United states and European will contribute to the maximum growth of Global Carbon And Energy Software market throughout the predicted 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.
CA Technologies (United States), IBM (United States), SAP (Germany), Schneider Electric (France), ACCUVIO (United kingdom), AssetWorks (United States), Ecova (United States), Carbon Clear (United kingdom), Enablon (France) and Enviance (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 MetricStream (United States), SourceOne (India) and Verisae (Netherlands).
The market study is broken down by Type (Energy Software and Carbon Software), by Application (Power & utilities, Industrial, Enterprise and Oil & Gas) and major geographies with country level break-up.
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Carbon And Energy Software market by Type, Application and Region.
On the basis of geography, the market of Carbon And Energy 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). If we see Market by Deployment Model, the sub-segment i.e. On-premise will boost the Carbon And Energy Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Trend
- Emergence of analytics in carbon and energy management software
- Proliferation of smart grid
- Evolution of digital oil field framework
Market Drivers
- Increasing need to reduce energy consumption and operational costs
- Growing concerns towards reducing carbon emissions
- Increasing popularity of sustainability management
Opportunities
- Growing need to monitor & assess energy consumption by various industry sectors
- Favorable government initiatives due to increasing global warming
Restraints
- Long period of Return On Investment
Key Target Audience
System manufacturer, Sub-component manufacturer, Channel partners, Industry Association, Governments and investment communities and Research organizations and associations
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 the 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 purpose to understand companys positioning regarding 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 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, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.