Rising concerns related to climate change worldwide and global warming causing unusual weather conditions are key factors driving market growth
Vancouver, BC -- (SBWIRE) -- 05/05/2021 -- The global carbon footprint management market size is expected to reach USD 14.74 Billion at a CAGR of 5.5% during the forecast period, according to latest analysis by Emergen Research. This projected marjet revenue growth can be attributed to primarily to rising concerns regarding climate change, global warming, and increasing government initiatives to address carbon emissions across the globe. Rising awareness among organizations to focus on lowering carbon emission levels by calculating carbon footprint is another factor driving market growth.
The market is anticipated to grow exponentially due to the recent progression of technology and developments in products and services. The report further analyzes the revenue growth at the global, regional, and country level with an extensive analysis of current and future industry trends pertaining to each segment and sub-segment. Furthermore, the report analyses the manufacturing process segment, competitive benchmarking, revenue shares of the leading company, regional and global opportunities, latest trends, and market dynamics, and historical data and forecasts.
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Some Key Highlights from the Report
In March 2021, Enablon technology and EY announced launch of ESG solution that offers a centralized database for tracking an organization's ESG data and strategies
In January 2020, Laragon and IsoMetrix entered into partnership with the objective to expand into Latin America and develop growth in the European market.
North America accounted for largest revenue share contribution to the global market in 2020, which is expected to increase significantly during the forecast period. This can be largely attributed to increasing expenditure by governments in countries in the region to encourage adoption of carbon footprint management solutions and stringent regulatory framework.
The energy and utilities segment accounted for largest revenue share in 2020. This growth can be attributed to significant rise in energy usage over the past few years owing to rapid urbanization and improving standards of living. Rising electricity demand and subsequent greenhouse gas emissions from electricity generation facilities and from electronic appliances such as refrigerators and air conditioners is expected to continue to drive demand for lower carbon emission solutions.
Major companies operating in the market are Carbon Footprint, Enablon, SAP, Dakota Software, ProcessMAP, IsoMetrix, IBM, Schneider Electric, Salesforce, and ENGIE
Carbon Footprint Management Market Segmentation:
For this report, Emergen Research has segmented the global carbon footprint management market based on component, size, application, and region.
Component Outlook (Revenue, USD Billion; 2018–2028)
Solution
Services
Deployment Outlook (Revenue, USD Billion; 2018–2028)
Cloud
On-Premise
Application Outlook (Revenue, USD Billion; 2018–2028)
Manufacturing
Energy and Utilities
Residential and Commercial Buildings
Transportation and Logistics
IT and Telecom
The market is spread across several key geographical regions, and the report covers the regional analysis as well as the production, consumption, revenue, and market share in those regions for the forecast period. The regions include North America, Latin America, Europe, AsiaPacific, and Middle East and Africa.
Comprehensive Regional Analysis Covers the Following Regions:
North America (U.S., Canada, Mexico)
Europe (U.K., Italy, Germany, France, Rest of EU)
AsiaPacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Key Coverage of the Carbon Footprint Management Market:
Insightful information regarding the global Carbon Footprint Management market
Identification of growth in various segments and sub-segments of the Carbon Footprint Management market
Strategic recommendations for investment opportunities
The report covers significant statistics related to the industry along with products, applications, price analysis, demand & supply, and production and consumptions rate
Emerging trends and current market segment analysis to help investors formulate new business strategies
Accelerates the decision-making process through the availability of the drivers and limitations
Table of Content
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2020-2028
Chapter 3. Key Insights
Chapter 4. Carbon Footprint Management Market Segmentation & Impact Analysis
4.1. Carbon Footprint Management Market Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. The rising concerns for climate change worldwide
4.2.2.2. Global warming
4.2.2.3. Government initiatives
4.2.2.4. International agreements regarding carbon emissions
4.2.3. Market restraints analysis
4.2.3.1. High cost associated with replacing existing infrastructure
4.2.3.2. Lack of awareness regarding strategic benchmarking
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter's Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 5. Carbon Footprint Management Market By Component Insights & Trends, Revenue (USD Billion)
5.1. Component Dynamics & Market Share, 2021 & 2028
5.1.1. Solution
5.1.2. Services
Chapter 6. Carbon Footprint Management Market By Deployment Insights & Trends Revenue (USD Billion)
6.1. Deployment Dynamics & Market Share, 2021 & 2028
6.1.1. Cloud
6.1.2. On-Premise
CONTINUED..!!
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About Emergen Research
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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