Environment, Health And Safety (EHS) Software Market Size, Share, Growth, Trends, and Global Industry Analysis: By Component (Solution and Services), By Services (Analytics, Project Deployment and Implementation, Business Consulting and Advisory, Audit, Assessment, Regulatory Compliance, and Others), By Deployment (Cloud and On-Premises), By Verticals (Chemicals and Material, Food and Beverages, Government and Defense, Energy and Utility, Healthcare, Construction and Others) and Region

Environment Health and Safety Software Market was valued at US$ 6.5 billion in 2023 and is projected to reach US$ 9.8 billion by 2030, growing at a 9.8% CAGR from 2024 to 2030. EHS software is responsible for maintaining adequate balance among various environmental themes, including regulatory compliance, corporate sustainability towards protecting of environment, accident avoidance, environmental audit and inspection, process standardization, incident response, etc. Government authorities such as the Occupational Health and Safety Administration (OSHA), the Environmental Protection Agency (EPA), the Department of justice, and state agencies are regulating to ensure workforce safety. Regulatory compliances play a major role in maintaining industry standards and mandates the business process which drives the market growth.

Moreover, increasing government initiatives for low carbon emission provides industries a certificate to prove minimum carbon emission to protect the environment creating lucrative opportunities in the EHS software market. The organization and business of emerging economic countries have limited adoption of EHS software solutions, high cost of implementation and installation of software is expected to hinder the market growth. Furthermore, air monitoring systems and carbon footprint management require high maintenance costs which restrict the market growth. EHS is the protection of people, property, and the environment from potential harm, the key components of EHS management systems are risk assessment, policy development, training, communication, monitoring, and corrective action. Geographically, North America hold a prominent market share in 2022 and is expected to dominate the global Environment, Health, and Safety (EHS) Software Market in the forecasted years.

Environment Health and Safety Software Market Key Developments:

• In March 2022  VelocityEHS, the significant provider of cloud-based environmental, health, safety (EHS), and environmental, social, and corporate governance (ESG) software, announced that it acquired two software solutions from MyAbilities, a global innovator in smart health technology and workplace safety.
• In September 2019, Ideagen launched new software for environment, health, and safety (EHS) legislation and compliance. Q-Pulse Law has been designed to cut down the time, e?ort, and cost in ?nding, translating, and interpreting global compliance obligations.