Lewes, DE -- (SBWIRE) -- 04/25/2017 -- Report forecast the global carbon and energy management software market to grow at a CAGR of 11.73% during the period 2017-2021.

Carbon and energy management is the process of managing the carbon emission associated with businesses. Carbon management is applicable to a wide variety of business activities, products, and services, and can vary depending on the size of the business and the sector. Carbon and energy management is the process of managing the carbon emission associated with businesses. Whether the business operates as a simple office environment, manufacturing, or large industry, there will be the emission of carbon. Carbon management applies to a wide range of business activities, products, and services, and can vary depending on the size of the business and the sector.

The report covers the present scenario and the growth prospects of the global carbon and energy management software market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

According to the report, one driver in market is digital transformation and automation of energy sector. Digitization of the energy sector in the developed nations, such as the US and Singapore, has created a high demand for IT solutions. Digital transformation in the energy sector is a key enabler of IT spending. Modernization of the energy sector has increased the procurement of advanced IT solutions, such as energy analytics and Internet of Things (IoT), to reduce the energy consumption. Automation in the energy sector has also attracted investments in IT solutions. Fully automated IT systems in organizations operating in the energy sector have attracted significant spending on IT solutions. Industrial automation solutions, such as supervisory control and data acquisition, programmable logic controller, remain the top selection of enterprises in 2016. Clean energy initiatives in numerous countries have also helped the market to attract significant IT spending. With a rise in the number of connected devices in the energy sector, it has become more difficult to manage, monitor, and maintain data in organizations. With an increase in the number of smart connected devices, the demand for IoT solutions is expected to increase in the energy sector, which in turn drives the carbon and energy management software market.

Further, the report states that one challenge in market is system integration and interoperability issues. The adoption of advanced technology in many industry verticals including energy, industrial manufacturing, and public sector firms is increasing significantly, which creates issues of system integration and interoperability. The vendor should provide unified IT solutions that can be seamlessly integrated with the existing IT infrastructure of organizations. Technical glitches during the operations can incur huge costs to organizations and reduce operational efficiencies. System integration and interoperability issues arise mostly when organizations update their IT systems or merge their IT infrastructure with acquired companies. Integration of multiple IT systems on traditional IT infrastructure can create a lot of cross-platform system integration issues. The energy management hardware devices that are installed require unified platform integration with upgrades without which the devices fail to have a smooth implementation. Therefore, vendors should seamlessly integrate multiple IT systems in organizations with the help of an IT team equipped with the technical expertise to manage the IT infrastructure.

Global Carbon and Energy Management Software Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the global carbon and energy management software market: CA Technologies, IBM, SAP, and Schneider Electric.

Other Prominent Vendors in the market are: ACCUVIO, AssetWorks, Ecova, Carbon Clear, Enablon, Enviance, MetricStream, SourceOne, and Verisae.

Market driver
- Digital transformation and automation of energy sector.
- For a full, detailed list, view our report

Market challenge
- System integration and interoperability issues.
- For a full, detailed list, view our report

Market trend
- Emergence of analytics in carbon and energy management software.
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 70 pages and 22 Exhibits "Global Carbon and Energy Management Software Market 2017 - 2021" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market size and forecast, Market segmentation by deployment, Market segmentation by end-user, Geographical segmentation, Decision framework, Drivers and challenges, Market trends, Five forces analysis, Vendor landscape, Key vendor profiles, Appendix.

For more information Visit at: http://www.marketresearchreports.com/technavio/global-carbon-and-energy-management-software-market-2017-2021

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