The Asia Pacific Environment, Health and Safety Market would witness market growth of 9.5% CAGR during the forecast period (2021-2027).
The demand for the environment, health, and safety software and services is anticipated to be fueled by the capability of these services and software to help organizations to simplify their waste management process. Moreover, the EHS applications that are integrated into mobile phones and tabs are witnessing gaining high traction among the end-users. EHS mobile applications with features like auditing, incident reporting, and access to the health and safety information on chemicals, inspections, and others are being created.
The ability of environment health and safety services and software to assist companies in streamlining their waste management process is anticipated to boost the demand for environment health and safety software and services. The EHS applications supported by mobile phones and tabs are gaining rapid popularity among end users. EHS mobile applications with functionalities, such as auditing, incident reporting, and access to health and safety information on chemicals, inspections, and others are being developed.
From a safety perspective, the EHS market includes recognition and mitigation of workplace hazards combined with the lowering down the harmful procedures and training of workers in the management of emergency situations. In addition, the EHS market also includes better health regulations such as norms, organized high quality, eco-friendly working practices which prevent health degradation and support a healthy lifestyle.
Moreover, many countries in the Asia-Pacific region are witnessing a surge in the number of environmental concerns which has compelled the regulatory bodies to formulate environmental regulations in various countries of the region. These norms have positively affected the growth of the regional EHS market.
The China market dominated the Asia Pacific Environment, Health and Safety Analytics Market by Country 2020, thereby, achieving a market value of $24 million by 2027. The Japan market is experiencing a CAGR of 12.9% during (2021 - 2027). Additionally, The India market is poised to grow at a CAGR of 14.2% during (2021 - 2027).
Based on Component, the market is segmented into Software and Services. Services segment is further bifurcated across Business Consulting & Advisory, Audit, Assessment & Regulatory Compliance, Project Deployment & Implementation, Analytics, Certification and Others. Based on Deployment Type, the market is segmented into On-premise and Hosted. Based on End User, the market is segmented into Energy & Utilities, Chemicals & Materials, Construction & Engineering, Healthcare, Manufacturing, Government & Public Sector and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Environment, Health and Safety Market is Projected to reach USD 9.2 Billion by 2027, at a CAGR of 7.8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Ideagen Plc, Wolters Kluwer, Tetra Tech, Inc., WSP Global, Inc., (Golder Associates), SGS S.A., AECOM Corporation, Fortive Corporation, Verisk Analytics, Inc., Cority Software, Inc. and Gensuite LLC.
By Component
By Deployment Type
By End User
By Country
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