EHS Software Market Size (2024 - 2029)

The EHS Software Market is projected to experience significant growth over the forecast period, driven by the increasing integration of environmental health and safety solutions into business operations across various industries. These solutions are essential for ensuring regulatory compliance, enhancing corporate sustainability, and managing environmental risks, thereby transforming business continuity and operational excellence. The market's expansion is further supported by strategic partnerships and acquisitions among key players, which aim to broaden product offerings and enhance market presence.

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Market Size of EHS Software Industry

EHS Software Market Summary
Study Period 2019 - 2029
Market Size (2024) USD 2.02 Billion
Market Size (2029) USD 3.58 Billion
CAGR (2024 - 2029) 12.17 %
Fastest Growing Market Asia Pacific
Largest Market North America

Major Players

EHS Software Market Major Players

*Disclaimer: Major Players sorted in no particular order

EHS Software Market Analysis

The EHS Software Market size is estimated at USD 2.02 billion in 2024, and is expected to reach USD 3.58 billion by 2029, growing at a CAGR of 12.17% during the forecast period (2024-2029).

Environmental, health, and safety (EHS) software solutions are responsible for maintaining an adequate balance among various environmental themes, including regulatory compliance, corporate sustainability in protecting the environment, accident avoidance, environmental audit and inspection, process standardization, and incident response.

The environmental, health, and safety (EHS) software market has experienced significant growth driven by increased regulatory requirements, corporate governance standards, and a heightened focus on sustainability and employee safety.

Companies across various industries, including manufacturing, construction, energy, and pharmaceuticals, are increasingly adopting EHS software to streamline compliance, minimize risks, and enhance operational efficiency. The integration of advanced technologies such as artificial intelligence (AI), Internet of Things (IoT), and data analytics into EHS software solutions has further propelled market expansion, enabling real-time monitoring, predictive analytics, and better decision-making.

In January 2024, VelocityEHS, the global provider of enterprise EHS & ESG software solutions, completed the acquisition of Contractor Compliance, a Canada-based safety and risk management software solution provider. The deal adds innovative third-party contractor and vendor compliance capabilities to the award-winning VelocityEHS Accelerate Platform.

Governments worldwide have tightened regulations around environmental protection and workplace safety, compelling organizations to invest in robust EHS systems to avoid hefty fines and legal repercussions. The rise of digital transformation initiatives has also spurred demand as businesses seek to automate and digitize their EHS processes, moving away from traditional, manual methods that are prone to errors and inefficiencies.

As a result, the EHS software market is poised for robust growth in the coming years, supported by technological advancements, regulatory pressures, and the growing awareness of the benefits of a proactive approach to environmental, health, and safety management. With the continuous evolution of the industry and the emergence of new challenges and opportunities, EHS software will remain a critical tool for organizations aiming to achieve compliance, protect their workforce, and promote sustainable business practices.

EHS Software Industry Segmentation

Environmental, health, and safety (EHS) software is a category of computer programs and applications designed to assist organizations in managing and ensuring compliance with environmental regulations, occupational health and safety standards, and overall workplace safety. It provides a centralized platform for tracking, monitoring, and reporting various EHS-related activities, risks, incidents, and performance metrics. The scope of the study defines the revenue accrued from the sales of EHS software applications deployed in cloud and on-premise modes.

The EHS software market is segmented by deployment mode (cloud and on-premise), end-user vertical (oil and gas, energy and utilities, healthcare and life sciences, construction and manufacturing, chemicals, mining and metals, food and beverages, and other end-user verticals), and geography (North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa).

The Report Provides the Market Sizes and Forecasts in Terms of Value in USD for the Segments Mentioned Above.

By Deployment Mode
Cloud
On-premise
By End-user Vertical
Oil and Gas
Energy and Utilities
Healthcare and Life Sciences
Construction and Manufacturing
Chemicals
Mining and Metals
Food and Beverages
Other End-user Verticals
By Geography***
North America
Europe
Asia
Australia and New Zealand
Latin America
Middle East and Africa
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EHS Software Market Size Summary

The Environmental Health and Safety (EHS) Software Market is poised for significant growth, driven by the increasing need for organizations to manage regulatory compliance, corporate sustainability, and workplace safety. EHS software solutions are becoming integral to business operations, helping organizations balance environmental responsibilities with operational efficiency. The market is characterized by a fragmented landscape with numerous players, including prominent companies like VelocityEHS, Enablon, and Cority, which are enhancing their offerings through strategic acquisitions and partnerships. These developments are aimed at expanding product portfolios and improving capabilities in data management and reporting, which are crucial for meeting stakeholder expectations and regulatory requirements.

North America, particularly the United States and Canada, remains a key region for EHS software adoption due to stringent environmental and occupational health regulations. The presence of major EHS software vendors in this region further bolsters market growth. Companies are increasingly focusing on innovation and the integration of new technologies, such as artificial intelligence, to enhance their EHS solutions. The market is witnessing a trend of mergers and acquisitions, as seen with EcoOnline's acquisition of Alcumus's software division and AMCS's acquisition of Quentic, which are strategies employed by vendors to strengthen their market position and expand their customer base. These activities reflect the dynamic nature of the EHS software market, where companies are actively seeking to enhance their capabilities and drive growth through strategic initiatives.

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EHS Software Market Size - Table of Contents

  1. 1. MARKET INSIGHTS

    1. 1.1 Market Overview

    2. 1.2 Industry Value Chain Analysis

    3. 1.3 Industry Attractiveness - Porter's Five Forces Analysis

      1. 1.3.1 Bargaining Power of Suppliers

      2. 1.3.2 Bargaining Power of Buyers/Consumers

      3. 1.3.3 Threat of New Entrants

      4. 1.3.4 Threat of Substitute Products

      5. 1.3.5 Intensity of Competitive Rivalry

    4. 1.4 Assessment of the Impact of COVID-19 on the Market

  2. 2. MARKET SEGMENTATION

    1. 2.1 By Deployment Mode

      1. 2.1.1 Cloud

      2. 2.1.2 On-premise

    2. 2.2 By End-user Vertical

      1. 2.2.1 Oil and Gas

      2. 2.2.2 Energy and Utilities

      3. 2.2.3 Healthcare and Life Sciences

      4. 2.2.4 Construction and Manufacturing

      5. 2.2.5 Chemicals

      6. 2.2.6 Mining and Metals

      7. 2.2.7 Food and Beverages

      8. 2.2.8 Other End-user Verticals

    3. 2.3 By Geography***

      1. 2.3.1 North America

      2. 2.3.2 Europe

      3. 2.3.3 Asia

      4. 2.3.4 Australia and New Zealand

      5. 2.3.5 Latin America

      6. 2.3.6 Middle East and Africa

EHS Software Market Size FAQs

The EHS Software Market size is expected to reach USD 2.02 billion in 2024 and grow at a CAGR of 12.17% to reach USD 3.58 billion by 2029.

In 2024, the EHS Software Market size is expected to reach USD 2.02 billion.

EHS Software Market Report Snapshots

EHS Software Market Size and Share Analysis - Growth Trends & Forecasts (2024 - 2029)