Summary

The environment, health, and safety market is estimated to be USD 7.9 billion to USD 11.5 billion at a CAGR of 7.6% from 2024 to 2029. Deploying EHS software solutions using mobile and cloud technologies has helped several organizations meet complex EHS challenges. These mobile and cloud solutions offer enterprises the pay-as-you-go service model, which allows enterprises to optimize cost and budgetary compliances. Therefore, the increasing adoption of cloud-based platforms drives the growth of the EHS market globally.
“The energy and utilities vertical segment will contribute the largest market share in the environment, health, and safety market during the forecast period.”
The energy and utilities sector has observed a notable uptake in EHS software solutions due to evolving laws, regulations, and standards. These solutions ensure compliance with rules, mitigating operational risks and accurately reporting air emissions from energy system processes. Given the inherent hazards associated with energy production, transmission, and distribution, companies in this vertical prioritize safety measures, regulatory adherence, and environmental responsibility. EHS initiatives encompass a range of activities, including safety training, hazard identification, environmental monitoring, emergency readiness, and community engagement. From power plants and oil and gas facilities to utility maintenance operations, EHS programs aim to prevent accidents, minimize environmental impact, and foster a safety and sustainability culture.
"Asia Pacific will register the highest growth rate during the forecast period.”
The Asia Pacific region is set to undergo significant growth opportunities in the coming years, with countries like India, China, Australia, and New Zealand expected to experience high growth rates. As countries in Asia Pacific continue to undergo rapid industrialization and urbanization, there is a growing recognition of the importance of ensuring the health, safety, and well-being of workers and the surrounding environment. This heightened awareness is driving governments and regulatory bodies to introduce and enforce stricter workplace safety regulations and environmental standards. Governments across the Asia Pacific are implementing stricter environmental and safety regulations. Some examples include China's revised law on Chemical Classification and Labeling and India's amendments to its Hazardous Waste Management Rules (2016). Companies must comply with these regulations to avoid penalties and operational disruptions, driving investment in EHS solutions and practices.

Breakdown of primaries

The study contains insights from various industry experts, from solution vendors to Tier 1 companies. The break-up of the primaries is as follows:

• By Company Type: Tier 1 – 35%, Tier 2 – 40%, and Tier 3 – 25%
• By Designation: C-level –35%, D-level – 25%, and Managers – 40%
• By Region: North America – 40%, Europe – 20%, Asia Pacific – 30%, Middle East & Africa- 5%, and Latin America- 5%.
The major players in the environment, health, and safety market are VelocityEHS (US), Wolters Kluwer (Netherlands), Intelex Technologies (Canada), Benchmark ESG (US), Cority Software Inc. (Canada), Sphera (US), Intertek (UK), Quentic (Germany), UL Solutions (US), Ideagen (UK), SAP (Germany), IBM (US), Evotix (UK), EcoOnline (Norway), Diligent Corporation (US), ETQ (US), 3E (US), Dakota Software Corporation (US), IsoMetrix (US), Enhesa (US), VisiumKMS (US), SafetyCulture (Australia), TextContext (Canada), ComplianceQuest (US), Pro-Sapien (UK), SHEQX (Australia), CMO Software (UK), Indus Environmental Services (India), Inicia (Japan), ASK-EHS Engineering (India), SHE Group (South Africa), and EHS Brazil (Brazil). These players have adopted various growth strategies, such as partnerships, agreements and collaborations, new product launches, product enhancements, and acquisitions to expand their environmental, health, and safety footprint.

Research Coverage
The market study covers the environment, health, and safety market size across different segments. It aims to estimate the market size and the growth potential across various segments, including offering (software and services (Analytics, Project Deployment and Implementation, Audit, Assessment, Regulatory Compliance, Certification)), applications, verticals, and regions. The study includes an in-depth competitive analysis of the leading market players, their company profiles, key observations related to product and business offerings, recent developments, and market strategies.
Key Benefits of Buying the Report
The report will help the market leaders/new entrants with information on the closest approximations of the global environment, health, and safety market's revenue numbers and subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. Moreover, the report will provide insights for stakeholders to understand the market's pulse and provide them with information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:

Analysis of key drivers (increase in government initiatives to follow workforce safety and environmental regulations and standards, a digitally connected workforce with connected wearables for safe operations to improve EHS management, the proliferation of software-as-a-service deployment model, and growing recognition of EHS as a strategic business imperative.), restraints (High cost associated with EHS software solutions, lack of qualified EHS professionals, data Silos & Information Gaps), opportunities (Increase in government initiatives for low carbon emission policies, technological innovations to help various industries achieve worker engagement and adopt quality programs, modernization of industry infrastructure for low carbon emissions) and challenges (Technological integration and data management, poor regulatory frameworks in emerging economies, lack of skills and end-to-end solutions) influencing the growth of the environment, health, and safety market. Product Development/Innovation: Detailed insights on upcoming technologies, research and development activities, and new product and service launches in the environment, health, and safety market. Market Development: Comprehensive information about lucrative markets – the report analyses various regions' environment, health, and safety markets. Market Diversification: Exhaustive information about new products and services, untapped geographies, recent developments, and investments in the environment, health, and safety market. Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like VelocityEHS (US), Wolters Kluwer (Netherlands), Intelex Technologies (Canada), Benchmark ESG (US), Cority Software Inc. (Canada), Sphera (US), Intertek (UK), Quentic (Germany), UL Solutions (US), Ideagen (UK), SAP (Germany), IBM (US), Evotix (UK), EcoOnline (Norway), Diligent Corporation (US).

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Table of Contents

1 INTRODUCTION 27
1.1 STUDY OBJECTIVES 27
1.2 MARKET DEFINITION 27
1.3 STUDY SCOPE 28
1.3.1 MARKET COVERED 28
FIGURE 1 MARKET SEGMENTATION 28
1.3.2 REGIONS COVERED 29
FIGURE 2 ENVIRONMENT, HEALTH, AND SAFETY MARKET: REGIONS COVERED 29
1.3.3 INCLUSIONS & EXCLUSIONS 29
1.4 YEARS CONSIDERED 30
1.5 CURRENCY CONSIDERED 30
TABLE 1 USD EXCHANGE RATES, 2021–2023 30
1.6 STAKEHOLDERS 31
1.7 SUMMARY OF CHANGES 31
1.7.1 IMPACT OF RECESSION 31
2 RESEARCH METHODOLOGY 32
2.1 RESEARCH DATA 32
FIGURE 3 ENVIRONMENT, HEALTH, AND SAFETY MARKET: RESEARCH DESIGN 33
2.1.1 SECONDARY DATA 34
2.1.1.1 Key data from secondary sources 34
2.1.2 PRIMARY DATA 35
2.1.2.1 Primary interviews with experts 35
2.1.2.2 List of key primary interview participants 35
2.1.2.3 Breakdown of primaries 36
2.1.2.4 Key data from primary sources 36
2.1.2.5 Key industry insights 37
2.2 MARKET SIZE ESTIMATION 37
FIGURE 4 APPROACH 1 (SUPPLY SIDE): REVENUE OF SOLUTIONS/SERVICES OF ENVIRONMENT, HEALTH, AND SAFETY MARKET PLAYERS 38
2.2.1 BOTTOM-UP APPROACH 38
FIGURE 5 MARKET SIZE ESTIMATION USING BOTTOM-UP APPROACH (SUPPLY-SIDE): COLLECTIVE REVENUE FROM ALL SOLUTIONS/SERVICES OFFERED BY MARKET VENDORS 39
2.2.2 TOP-DOWN APPROACH 39
2.3 DATA TRIANGULATION 40
FIGURE 6 DATA TRIANGULATION 40
2.4 RISK ASSESSMENT 41
TABLE 2 RISK ASSESSMENT 41
2.5 RESEARCH ASSUMPTIONS 41
TABLE 3 RESEARCH ASSUMPTIONS 41
2.6 LIMITATIONS 42
2.7 IMPLICATION OF RECESSION ON ENVIRONMENT, HEALTH, AND SAFETY MARKET 42
3 EXECUTIVE SUMMARY 43
FIGURE 7 ENVIRONMENT, HEALTH, AND SAFETY MARKET TO WITNESS SIGNIFICANT GROWTH DURING FORECAST PERIOD 43
FIGURE 8 ENVIRONMENT, HEALTH, AND SAFETY MARKET: HOLISTIC VIEW 44
4 PREMIUM INSIGHTS 46
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN ENVIRONMENT, HEALTH, AND SAFETY MARKET 46
FIGURE 9 CONFLUENCE OF ECONOMIC, ENVIRONMENTAL, SOCIAL, AND TECHNOLOGICAL FORCES TO FUEL MARKET GROWTH 46
4.2 ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY KEY SEGMENT 46
FIGURE 10 SEGMENTS WITH HIGH PROJECTED GROWTH RATE IN 2024 46
4.3 ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY SERVICE TYPE 47
FIGURE 11 PROJECT DEPLOYMENT & IMPLEMENTATION SERVICES SEGMENT TO LEAD MARKET IN 2024 47
4.4 ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY VERTICAL 47
FIGURE 12 ENERGY & UTILITIES SEGMENT TO LEAD MARKET DURING FORECAST PERIOD 47
4.5 NORTH AMERICA: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY OFFERING AND KEY VERTICAL 48
FIGURE 13 SOFTWARE AND ENERGY & UTILITIES SEGMENTS ESTIMATED TO ACCOUNT FOR LARGEST MARKET SHARES IN 2024 48
5 MARKET OVERVIEW AND INDUSTRY TRENDS 49
5.1 INTRODUCTION 49
5.2 MARKET DYNAMICS 49
FIGURE 14 ENVIRONMENT, HEALTH, AND SAFETY MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 50
5.2.1 DRIVERS 50
5.2.1.1 Increase in government initiatives to follow workforce safety and environmental regulations and standards 50
TABLE 4 ENVIRONMENTAL REGULATIONS, ACTS, AND LAWS 51
5.2.1.2 Digitally connected workforce with connected wearables for safe operations to improve EHS management 52
5.2.1.3 Need to improve risk visibility by identifying hidden risks within organizations and increasing transparency of workflow 52
5.2.1.4 Proliferation of software-as-a-service deployment model 53
5.2.1.5 Growing recognition of EHS as strategic business imperative 53
5.2.2 RESTRAINTS 53
5.2.2.1 High costs associated with EHS software solutions 53
5.2.2.2 Lack of qualified EHS professionals 54
5.2.2.3 Data silos and information gaps 54
5.2.3 OPPORTUNITIES 54
5.2.3.1 Increase in government initiatives for low carbon emission policies 54
5.2.3.2 Technological innovations to help various industries achieve worker engagement and adopt quality programs 54
5.2.3.3 Modernization of industry infrastructure for low carbon emissions 55
5.2.4 CHALLENGES 55
5.2.4.1 Technological integration and data management 55
5.2.4.2 Poor regulatory frameworks in emerging economies 55
5.2.4.3 Lack of skilled workforce and end-to-end solutions 56
5.3 ENVIRONMENT, HEALTH, AND SAFETY MARKET: BRIEF HISTORY 56
FIGURE 15 BRIEF HISTORY OF ENVIRONMENT, HEALTH, AND SAFETY MARKET 56
5.4 VALUE CHAIN ANALYSIS 58
FIGURE 16 ENVIRONMENT, HEALTH, AND SAFETY MARKET: VALUE CHAIN ANALYSIS 58
5.5 ECOSYSTEM 59
FIGURE 17 KEY PLAYERS IN ENVIRONMENT, HEALTH, AND SAFETY MARKET ECOSYSTEM 59
TABLE 5 ENVIRONMENT, HEALTH, AND SAFETY MARKET: ECOSYSTEM 59
5.6 CASE STUDIES 60
5.6.1 BRUCE POWER OPTIMIZED NUCLEAR POWER GENERATION WITH IBM MAXIMO 60
5.6.2 HARLEY DAVIDSON USED PROCESSMAP’S EHS SOLUTION TO IMPROVE WORKER SAFETY 61
5.6.3 AGNICO EAGLE MINES ADOPTED INTELEX’S HEALTH & SAFETY MANAGEMENT SUITE FOR RISK ASSESSMENT 62
5.6.4 OWENS GROUP USED EVOTIX’S SOLUTION TO MANAGE EMPLOYEE HEALTH AND SAFETY INFORMATION 62
5.6.5 FRAZER USED VELOCITYEHS’ SOLUTION TO MANAGE SAFETY PROGRAM-RELATED INFORMATION 63
5.7 PORTER’S FIVE FORCES MODEL 64
FIGURE 18 PORTER’S FIVE FORCES ANALYSIS 64
TABLE 6 IMPACT OF PORTER’S FORCES ON ENVIRONMENT, HEALTH, AND SAFETY MARKET 64
5.7.1 THREAT OF NEW ENTRANTS 65
5.7.2 THREAT OF SUBSTITUTES 65
5.7.3 BARGAINING POWER OF BUYERS 65
5.7.4 BARGAINING POWER OF SUPPLIERS 65
5.7.5 INTENSITY OF COMPETITIVE RIVALRY 65
5.8 PATENT ANALYSIS 66
5.8.1 METHODOLOGY 66
FIGURE 19 MAJOR PATENTS GRANTED FOR ENVIRONMENT, HEALTH, AND SAFETY IN LAST TEN YEARS 66
5.9 DISRUPTIONS IMPACTING BUYERS/CLIENTS IN ENVIRONMENT, HEALTH, AND SAFETY MARKET 67
FIGURE 20 ENVIRONMENT, HEALTH, AND SAFETY MARKET: DISRUPTIONS IMPACTING BUYERS/CLIENTS 67
5.10 PRICING ANALYSIS 68
5.10.1 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY SOLUTION 68
FIGURE 21 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY SOLUTION (USD PER YEAR) 68
TABLE 7 AVERAGE SELLING PRICE TREND OF KEY PLAYERS 68
5.10.2 INDICATIVE PRICING ANALYSIS OF KEY PLAYERS, BY SOLUTION & SERVICE 69
TABLE 8 INDICATIVE PRICING ANALYSIS OF KEY ENVIRONMENT, HEALTH, AND SAFETY SOLUTION & SERVICE VENDORS 69
5.11 KEY STAKEHOLDERS AND BUYING CRITERIA 70
5.11.1 KEY STAKEHOLDERS IN BUYING PROCESS 70
FIGURE 22 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR KEY VERTICALS 70
TABLE 9 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR KEY VERTICALS 70
5.11.2 BUYING CRITERIA 71
FIGURE 23 KEY BUYING CRITERIA FOR TOP THREE VERTICALS 71
TABLE 10 KEY BUYING CRITERIA FOR TOP THREE VERTICALS 71
5.12 TECHNOLOGY ANALYSIS 71
5.12.1 KEY TECHNOLOGIES 72
5.12.1.1 Artificial Intelligence 72
5.12.1.2 Industrial Internet of Things and Big Data 72
5.12.1.3 Data Analytics and Visualization 72
5.12.2 ADJACENT TECHNOLOGIES 73
5.12.2.1 Sustainability management software and environmental management systems 73
5.12.2.2 Industrial automation and control systems 73
5.12.2.3 Geospatial technologies 73
5.12.3 COMPLEMENTARY TECHNOLOGIES 73
5.12.3.1 Virtual reality (VR) and augmented reality (AR) 73
5.12.3.2 Robotics and automation 73
5.12.3.3 Blockchain 74
5.13 TARIFF AND REGULATORY LANDSCAPE 74
5.13.1 TARIFF RELATED TO ENVIRONMENT, HEALTH, AND SAFETY DEVICES 74
TABLE 11 TARIFF RELATED TO ELECTRICAL APPARATUS FOR SWITCHING OR PROTECTING ELECTRICAL CIRCUITS OR FOR MAKING CONNECTIONS TO OR IN ELECTRICAL CIRCUITS 74
5.14 REGULATORY LANDSCAPE 75
TABLE 12 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 75
TABLE 13 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 75
TABLE 14 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 76
TABLE 15 REST OF THE WORLD: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 76
5.14.1 NORTH AMERICA 77
5.14.2 EUROPE 77
5.14.2.1 France 77
5.14.2.2 UK 77
5.14.3 ASIA PACIFIC 77
5.14.3.1 China 77
5.14.3.2 South Korea 78
5.14.3.3 Japan 78
5.14.4 MIDDLE EAST & AFRICA 78
5.14.4.1 UAE 78
5.14.4.2 Saudi Arabia 78
5.14.5 LATIN AMERICA 79
5.14.5.1 Brazil 79
5.14.5.2 Mexico 79
5.15 KEY CONFERENCES & EVENTS 79
TABLE 16 ENVIRONMENT, HEALTH, AND SAFETY MARKET: LIST OF CONFERENCES & EVENTS, 2024–2025 79
5.16 TECHNOLOGY ROADMAP FOR ENVIRONMENT, HEALTH, AND SAFETY MARKET 81
5.16.1 SHORT-TERM ROADMAP (2023–2025): 81
5.16.2 MID-TERM ROADMAP (2026–2028): 81
5.16.3 LONG-TERM ROADMAP (2029–2030): 82
5.17 BEST PRACTICES IN ENVIRONMENT, HEALTH, AND SAFETY MARKET 82
5.18 CURRENT AND EMERGING BUSINESS MODELS 83
5.19 TOOLS, FRAMEWORKS, AND TECHNIQUES USED IN ENVIRONMENT, HEALTH, AND SAFETY MARKET 84
FIGURE 24 TOOLS, FRAMEWORKS, AND TECHNIQUES USED IN ENVIRONMENT, HEALTH, AND SAFETY MARKET 84
5.20 HS CODES: ELECTRICAL APPARATUS FOR SWITCHING OR PROTECTING ELECTRICAL CIRCUITS OR FOR MAKING CONNECTIONS TO OR IN ELECTRICAL CIRCUITS (8535) 85
5.20.1 EXPORT SCENARIO FOR HS CODE: 8535 85
FIGURE 25 ELECTRICAL APPARATUS FOR SWITCHING OR PROTECTING ELECTRICAL CIRCUITS OR FOR MAKING CONNECTIONS TO OR IN ELECTRICAL CIRCUITS, BY KEY COUNTRY, 2020–2022 (USD MILLION) 85
5.20.2 IMPORT SCENARIO FOR HS CODE: 8535 86
FIGURE 26 IMPORT VALUE OF ELECTRICAL APPARATUS FOR SWITCHING OR PROTECTING ELECTRICAL CIRCUITS OR FOR MAKING CONNECTIONS TO OR IN ELECTRICAL CIRCUITS, BY KEY COUNTRY, 2020–2022 (USD MILLION) 86
5.21 INVESTMENT AND FUNDING SCENARIO 87
FIGURE 27 INVESTMENT AND FUNDING SCENARIO 87
6 ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY OFFERING 88
6.1 INTRODUCTION 89
6.1.1 OFFERING: ENVIRONMENT, HEALTH, AND SAFETY MARKET DRIVERS 89
FIGURE 28 SERVICES SEGMENT TO GROW AT HIGHER CAGR DURING FORECAST PERIOD 89
TABLE 17 ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY OFFERING, 2018–2023 (USD MILLION) 90
TABLE 18 ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY OFFERING, 2024–2029 (USD MILLION) 90
6.2 SOFTWARE 90
6.2.1 EHS SOFTWARE ENSURES COMPLIANCE AND MINIMIZES RISK OF HEFTY FINES OR OPERATIONAL SHUTDOWN 90
TABLE 19 SOFTWARE: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY REGION, 2018–2023 (USD MILLION) 91
TABLE 20 SOFTWARE: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY REGION, 2024–2029 (USD MILLION) 91
6.3 SERVICES 91
TABLE 21 SERVICES: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY REGION, 2018–2023 (USD MILLION) 92
TABLE 22 SERVICES: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY REGION, 2024–2029 (USD MILLION) 92
FIGURE 29 ANALYTICS SERVICES SEGMENT TO GROW AT HIGHES CAGR DURING FORECAST PERIOD 93
TABLE 23 SERVICES: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY TYPE, 2018–2023 (USD MILLION) 93
TABLE 24 SERVICES: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY TYPE, 2024–2029 (USD MILLION) 94
6.3.1 ANALYTICS SERVICES 94
6.3.1.1 Need for aggregation and analysis of data from multiple resources to drive growth 94
TABLE 25 ANALYTICS SERVICES: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY REGION, 2018–2023 (USD MILLION) 94
TABLE 26 ANALYTICS SERVICES: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY REGION, 2024–2029 (USD MILLION) 95
6.3.2 PROJECT DEPLOYMENT & IMPLEMENTATION SERVICES 95
6.3.2.1 Project deployment services to assist in smooth transitioning of organizations’ historical EHS data and speedy integration 95
TABLE 27 PROJECT DEPLOYMENT & IMPLEMENTATION SERVICES: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY REGION, 2018–2023 (USD MILLION) 95
TABLE 28 PROJECT DEPLOYMENT & IMPLEMENTATION SERVICES: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY REGION, 2024–2029 (USD MILLION) 96
6.3.3 BUSINESS CONSULTING & ADVISORY SERVICES 96
6.3.3.1 Business consulting services to assist in digital transformation and evolution of business processes through EHS 96
TABLE 29 BUSINESS CONSULTING & ADVISORY SERVICES: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY REGION, 2018–2023 (USD MILLION) 96
TABLE 30 BUSINESS CONSULTING & ADVISORY SERVICES: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY REGION, 2024–2029 (USD MILLION) 97
6.3.4 AUDIT, ASSESSMENT, AND REGULATORY COMPLIANCE SERVICES 97
6.3.4.1 Focus on identifying waste minimization and recycling to spur demand 97
TABLE 31 AUDIT, ASSESSMENT, AND REGULATORY COMPLIANCE SERVICES: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY REGION, 2018–2023 (USD MILLION) 97
TABLE 32 AUDIT, ASSESSMENT, AND REGULATORY COMPLIANCE SERVICES: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY REGION, 2024–2029 (USD MILLION) 98
6.3.5 CERTIFICATION SERVICES 98
6.3.5.1 Certification services to offer competitive advantage and enhanced processes 98
TABLE 33 CERTIFICATION SERVICES: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY REGION, 2018–2023 (USD MILLION) 98
TABLE 34 CERTIFICATION SERVICES: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY REGION, 2024–2029 (USD MILLION) 99
6.3.6 TRAINING & SUPPORT SERVICES 99
6.3.6.1 Training & support services address and analyze data retrieved from EHS solutions 99
TABLE 35 TRAINING & SUPPORT SERVICES: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY REGION, 2018–2023 (USD MILLION) 99
TABLE 36 TRAINING & SUPPORT SERVICES: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY REGION, 2024–2029 (USD MILLION) 100
7 ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY APPLICATION 101
7.1 INTRODUCTION 101
7.1.1 APPLICATION: ENVIRONMENT, HEALTH, AND SAFETY MARKET DRIVERS 101
7.2 HEALTH & SAFETY MANAGEMENT 101
7.2.1 HEALTH & SAFETY MANAGEMENT TO REDUCE COSTS AND PROMOTE SAFE WORK CULTURE 101
7.3 ENVIRONMENTAL & SUSTAINABILITY MANAGEMENT 102
7.3.1 EMPHASIS ON AIR EMISSIONS MANAGEMENT, WATER QUALITY METRICS, AND HAZARDOUS WASTE TRACKING TO PROPEL GROWTH 102
7.4 WASTE MANAGEMENT 102
7.4.1 WASTE REDUCTION STRATEGIES TO ENSURE REGULATORY COMPLIANCE AND IMPROVE ENVIRONMENTAL PERFORMANCE 102
7.5 ENERGY & WATER MANAGEMENT 103
7.5.1 ENERGY & WATER MANAGEMENT SYSTEM TO HELP ORGANIZATIONS CONSERVE OPPORTUNITIES AND TRACK SUSTAINABILITY FOOTPRINT 103
7.6 AIR QUALITY & COMPLIANCE MANAGEMENT 103
7.6.1 AIR QUALITY & COMPLIANCE MANAGEMENT FEATURE TO ASSIST IN COMPLETE EMISSIONS MANAGEMENT 103
7.7 INCIDENT & RISK MANAGEMENT 103
7.7.1 INCIDENT & RISK MANAGEMENT SOLUTION TO FACILITATE IDENTIFICATION, ANALYSIS, MONITORING, AND TREATMENT OF HAZARDS 103
7.8 OTHER APPLICATIONS 104
8 ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY VERTICAL 105
8.1 INTRODUCTION 106
FIGURE 30 ENERGY & UTILITIES VERTICAL TO LEAD MARKET DURING FORECAST PERIOD 106
8.1.1 VERTICAL: ENVIRONMENT, HEALTH, AND SAFETY MARKET DRIVERS 106
TABLE 37 ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY VERTICAL, 2018–2023 (USD MILLION) 107
TABLE 38 ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY VERTICAL, 2024–2029 (USD MILLION) 107
8.2 ENERGY & UTILITIES 108
8.2.1 INHERENT RISKS ASSOCIATED WITH ENERGY PRODUCTION, TRANSMISSION, AND DISTRIBUTION TO DRIVE MARKET 108
8.2.2 ENERGY & UTILITIES: ENVIRONMENT, HEALTH, AND SAFETY USE CASES 108
8.2.2.1 Workplace safety in power plants 108
8.2.2.2 Environmental compliance in oil and gas operations 108
8.2.2.3 Workers’ health in utility maintenance 108
TABLE 39 ENERGY & UTILITIES: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY REGION, 2018–2023 (USD MILLION) 109
TABLE 40 ENERGY & UTILITIES: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY REGION, 2024–2029 (USD MILLION) 109
8.3 CHEMICALS & MATERIALS 109
8.3.1 EHS SOLUTIONS TO HELP MANAGE WORKFORCE AND ENSURE WORKPLACE SAFETY 109
8.3.2 CHEMICALS & MATERIALS: ENVIRONMENT, HEALTH, AND SAFETY USE CASES 110
8.3.2.1 Hazardous chemical management 110
8.3.2.2 Process safety management 110
8.3.2.3 Occupational health and safety 110
8.3.2.4 Environmental compliance 110
TABLE 41 CHEMICALS & MATERIALS: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY REGION, 2018–2023 (USD MILLION) 110
TABLE 42 CHEMICALS & MATERIALS: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY REGION, 2024–2029 (USD MILLION) 111
8.4 HEALTHCARE & LIFE SCIENCES 111
8.4.1 EHS SOLUTIONS TO ENABLE ORGANIZATIONS STREAMLINE PROCESSES, REDUCE COSTS, AND IMPROVE PERFORMANCE 111
8.4.2 HEALTHCARE & LIFE SCIENCES: ENVIRONMENT, HEALTH, AND SAFETY USE CASES 111
8.4.2.1 Pharmaceutical manufacturing 111
8.4.2.2 Laboratory safety 111
8.4.2.3 Medical device safety 112
8.4.2.4 Healthcare waste management 112
TABLE 43 HEALTHCARE & LIFE SCIENCES: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY REGION, 2018–2023 (USD MILLION) 112
TABLE 44 HEALTHCARE & LIFE SCIENCES: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY REGION, 2024–2029 (USD MILLION) 112
8.5 CONSTRUCTION & ENGINEERING 113
8.5.1 EHS SOFTWARE TO STREAMLINE ESSENTIAL SAFETY PROCESSES AND ENSURE COMPLIANCE WITH REGULATIONS 113
8.5.2 CONSTRUCTION & ENGINEERING: ENVIRONMENT, HEALTH, AND SAFETY USE CASES 113
8.5.2.1 Site safety management 113
8.5.2.2 Noise and air quality monitoring 113
8.5.2.3 Emergency preparedness and response 113
8.5.2.4 Environmental compliance 113
TABLE 45 CONSTRUCTION & ENGINEERING: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY REGION, 2018–2023 (USD MILLION) 114
TABLE 46 CONSTRUCTION & ENGINEERING: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY REGION, 2024–2029 (USD MILLION) 114
8.6 FOOD & BEVERAGE 114
8.6.1 ADOPTION OF EHS SOFTWARE TO TAKE CARE OF ENVIRONMENTAL MANAGEMENT 114
8.6.2 FOOD & BEVERAGE: ENVIRONMENT, HEALTH, AND SAFETY USE CASES 115
8.6.2.1 Food safety compliance 115
8.6.2.2 Supply chain safety 115
8.6.2.3 Product labeling and packaging compliance 115
TABLE 47 FOOD & BEVERAGE: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY REGION, 2018–2023 (USD MILLION) 115
TABLE 48 FOOD & BEVERAGE: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY REGION, 2024–2029 (USD MILLION) 116
8.7 GOVERNMENT & DEFENSE 116
8.7.1 EHS SOLUTIONS TO ASSIST GOVERNMENT AND DEFENSE ORGANIZATIONS 116
8.7.2 GOVERNMENT & DEFENSE: ENVIRONMENT, HEALTH, AND SAFETY USE CASES 116
8.7.2.1 Military base safety 116
8.7.2.2 Environmental protection 116
8.7.2.3 Emergency preparedness and response 117
TABLE 49 GOVERNMENT & DEFENSE: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY REGION, 2018–2023 (USD MILLION) 117
TABLE 50 GOVERNMENT & DEFENSE: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY REGION, 2024–2029 (USD MILLION) 117
8.8 OTHER VERTICALS 118
TABLE 51 OTHER VERTICALS: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY REGION, 2018–2023 (USD MILLION) 118
TABLE 52 OTHER VERTICALS: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY REGION, 2024–2029 (USD MILLION) 118
9 ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY REGION 119
9.1 INTRODUCTION 120
FIGURE 31 ENVIRONMENT, HEALTH, AND SAFETY MARKET: REGIONAL SNAPSHOT 120
TABLE 53 ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY REGION, 2018–2023 (USD MILLION) 121
TABLE 54 ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY REGION, 2024–2029 (USD MILLION) 121
9.2 NORTH AMERICA 121
9.2.1 NORTH AMERICA: ENVIRONMENT, HEALTH, AND SAFETY MARKET DRIVERS 122
9.2.2 NORTH AMERICA: RECESSION IMPACT 122
FIGURE 32 NORTH AMERICA: MARKET SNAPSHOT 123
TABLE 55 NORTH AMERICA: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY OFFERING, 2018–2023 (USD MILLION) 123
TABLE 56 NORTH AMERICA: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY OFFERING, 2024–2029 (USD MILLION) 124
TABLE 57 NORTH AMERICA: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY SERVICE, 2018–2023 (USD MILLION) 124
TABLE 58 NORTH AMERICA: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY SERVICE, 2024–2029 (USD MILLION) 124
TABLE 59 NORTH AMERICA: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY VERTICAL, 2018–2023 (USD MILLION) 125
TABLE 60 NORTH AMERICA: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY VERTICAL, 2024–2029 (USD MILLION) 125
TABLE 61 NORTH AMERICA: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY COUNTRY, 2018–2023 (USD MILLION) 125
TABLE 62 NORTH AMERICA: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 126
9.2.3 US 126
9.2.3.1 Government initiatives and plans to drive demand for EHS solutions 126
TABLE 63 US: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY OFFERING, 2018–2023 (USD MILLION) 126
TABLE 64 US: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY OFFERING, 2024–2029 (USD MILLION) 127
TABLE 65 US: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY SERVICE, 2018–2023 (USD MILLION) 127
TABLE 66 US: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY SERVICE, 2024–2029 (USD MILLION) 127
TABLE 67 US: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY VERTICAL, 2018–2023 (USD MILLION) 128
TABLE 68 US: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY VERTICAL, 2024–2029 (USD MILLION) 128
9.2.4 CANADA 129
9.2.4.1 Increasing efforts for workplace safety with regulations to drive market 129
TABLE 69 CANADA: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY OFFERING, 2018–2023 (USD MILLION) 129
TABLE 70 CANADA: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY OFFERING, 2024–2029 (USD MILLION) 129
TABLE 71 CANADA: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY SERVICE, 2018–2023 (USD MILLION) 130
TABLE 72 CANADA: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY SERVICE, 2024–2029 (USD MILLION) 130
TABLE 73 CANADA: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY VERTICAL, 2018–2023 (USD MILLION) 130
TABLE 74 CANADA: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY VERTICAL, 2024–2029 (USD MILLION) 131
9.3 EUROPE 131
9.3.1 EUROPE: ENVIRONMENT, HEALTH, AND SAFETY MARKET DRIVERS 131
9.3.2 EUROPE: RECESSION IMPACT 132
TABLE 75 EUROPE: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY OFFERING, 2018–2023 (USD MILLION) 132
TABLE 76 EUROPE: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY OFFERING, 2024–2029 (USD MILLION) 132
TABLE 77 EUROPE: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY SERVICE, 2018–2023 (USD MILLION) 133
TABLE 78 EUROPE: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY SERVICE, 2024–2029 (USD MILLION) 133
TABLE 79 EUROPE: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY VERTICAL, 2018–2023 (USD MILLION) 133
TABLE 80 EUROPE: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY VERTICAL, 2024–2029 (USD MILLION) 134
TABLE 81 EUROPE: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY COUNTRY, 2018–2023 (USD MILLION) 134
TABLE 82 EUROPE: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 135
9.3.3 UK 135
9.3.3.1 Focus on waste management, emissions reduction strategies, and clean energy adoption to propel market growth 135
TABLE 83 UK: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY OFFERING, 2018–2023 (USD MILLION) 135
TABLE 84 UK: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY OFFERING, 2024–2029 (USD MILLION) 136
TABLE 85 UK: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY SERVICE, 2018–2023 (USD MILLION) 136
TABLE 86 UK: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY SERVICE, 2024–2029 (USD MILLION) 136
TABLE 87 UK: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY VERTICAL, 2018–2023 (USD MILLION) 137
TABLE 88 UK: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY VERTICAL, 2024–2029 (USD MILLION) 137
9.3.4 GERMANY 137
9.3.4.1 Government initiatives and large-scale investments in sustainable production processes to create demand for EHS solutions 137
TABLE 89 GERMANY: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY OFFERING, 2018–2023 (USD MILLION) 138
TABLE 90 GERMANY: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY OFFERING, 2024–2029 (USD MILLION) 138
TABLE 91 GERMANY: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY SERVICE, 2018–2023 (USD MILLION) 138
TABLE 92 GERMANY: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY SERVICE, 2024–2029 (USD MILLION) 139
TABLE 93 GERMANY: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY VERTICAL, 2018–2023 (USD MILLION) 139
TABLE 94 GERMANY: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY VERTICAL, 2024–2029 (USD MILLION) 139
9.3.5 FRANCE 140
9.3.5.1 Increasing emphasis on environmental sustainability and employee well-being to accelerate market growth 140
9.3.6 ITALY 140
9.3.6.1 Environmental protection regulations to foster market growth 140
9.3.7 SPAIN 140
9.3.7.1 Increasing investments toward renewable energy and sustainable technologies to boost market 140
9.3.8 NORDICS 141
9.3.8.1 Health and safety initiatives to boost adoption of EHS solutions 141
9.3.9 REST OF EUROPE 141
9.4 ASIA PACIFIC 141
9.4.1 ASIA PACIFIC: ENVIRONMENT, HEALTH, AND SAFETY MARKET DRIVERS 141
9.4.2 ASIA PACIFIC: RECESSION IMPACT 142
FIGURE 33 ASIA PACIFIC: MARKET SNAPSHOT 143
TABLE 95 ASIA PACIFIC: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY OFFERING, 2018–2023 (USD MILLION) 143
TABLE 96 ASIA PACIFIC: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY OFFERING, 2024–2029 (USD MILLION) 144
TABLE 97 ASIA PACIFIC: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY SERVICE, 2018–2023 (USD MILLION) 144
TABLE 98 ASIA PACIFIC: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY SERVICE, 2024–2029 (USD MILLION) 144
TABLE 99 ASIA PACIFIC: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY VERTICAL, 2018–2023 (USD MILLION) 145
TABLE 100 ASIA PACIFIC: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY VERTICAL, 2024–2029 (USD MILLION) 145
TABLE 101 ASIA PACIFIC: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY COUNTRY, 2018–2023 (USD MILLION) 146
TABLE 102 ASIA PACIFIC: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 146
9.4.3 CHINA 147
9.4.3.1 Increasing adoption of IoT and AI technologies to bolster market growth 147
TABLE 103 CHINA: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY OFFERING, 2018–2023 (USD MILLION) 147
TABLE 104 CHINA: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY OFFERING, 2024–2029 (USD MILLION) 147
TABLE 105 CHINA: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY SERVICE, 2018–2023 (USD MILLION) 148
TABLE 106 CHINA: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY SERVICE, 2024–2029 (USD MILLION) 148
TABLE 107 CHINA: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY VERTICAL, 2018–2023 (USD MILLION) 148
TABLE 108 CHINA: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY VERTICAL, 2024–2029 (USD MILLION) 149
9.4.4 INDIA 149
9.4.4.1 EHS regulatory and policy trends to drive market 149
TABLE 109 INDIA: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY OFFERING, 2018–2023 (USD MILLION) 149
TABLE 110 INDIA: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY OFFERING, 2024–2029 (USD MILLION) 150
TABLE 111 INDIA: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY SERVICE, 2018–2023 (USD MILLION) 150
TABLE 112 INDIA: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY SERVICE, 2024–2029 (USD MILLION) 150
TABLE 113 INDIA: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY VERTICAL, 2018–2023 (USD MILLION) 151
TABLE 114 INDIA: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY VERTICAL, 2024–2029 (USD MILLION) 151
9.4.5 JAPAN 151
9.4.5.1 Stringent laws and regulations to fuel market growth 151
9.4.6 AUSTRALIA AND NEW ZEALAND 152
9.4.6.1 Stringent regulations to promote secure environment for workers to accelerate growth 152
9.4.7 SOUTH KOREA 152
9.4.7.1 New amendments in law and strict legislation to boost market 152
9.4.8 SOUTHEAST ASIA 152
9.4.8.1 ASEAN-OSHNET functions to help member countries achieve better occupational safety and health performance 152
9.4.9 REST OF ASIA PACIFIC 153
9.5 MIDDLE EAST & AFRICA 153
9.5.1 MIDDLE EAST & AFRICA: ENVIRONMENT, HEALTH, AND SAFETY MARKET DRIVERS 153
9.5.2 MIDDLE EAST & AFRICA: RECESSION IMPACT 154
TABLE 115 MIDDLE EAST & AFRICA: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY OFFERING, 2018–2023 (USD MILLION) 154
TABLE 116 MIDDLE EAST & AFRICA: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY OFFERING, 2024–2029 (USD MILLION) 154
TABLE 117 MIDDLE EAST & AFRICA: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY SERVICE, 2018–2023 (USD MILLION) 155
TABLE 118 MIDDLE EAST & AFRICA: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY SERVICE, 2024–2029 (USD MILLION) 155
TABLE 119 MIDDLE EAST & AFRICA: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY VERTICAL, 2018–2023 (USD MILLION) 155
TABLE 120 MIDDLE EAST & AFRICA: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY VERTICAL, 2024–2029 (USD MILLION) 156
TABLE 121 MIDDLE EAST & AFRICA: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY COUNTRY, 2018–2023 (USD MILLION) 156
TABLE 122 MIDDLE EAST & AFRICA: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 156
9.5.3 GCC COUNTRIES 157
9.5.3.1 Government initiatives, economic diversification efforts, and adoption of emerging technologies to drive market 157
TABLE 123 MIDDLE EAST & AFRICA: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY GCC COUNTRY, 2018–2023 (USD MILLION) 157
TABLE 124 MIDDLE EAST & AFRICA: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY GCC COUNTRY, 2024–2029 (USD MILLION) 157
9.5.3.2 KSA 158
TABLE 125 KSA: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY OFFERING, 2018–2023 (USD MILLION) 158
TABLE 126 KSA: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY OFFERING, 2024–2029 (USD MILLION) 158
TABLE 127 KSA: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY SERVICE, 2018–2023 (USD MILLION) 158
TABLE 128 KSA: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY SERVICE, 2024–2029 (USD MILLION) 159
TABLE 129 KSA: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY VERTICAL, 2018–2023 (USD MILLION) 159
TABLE 130 KSA: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY VERTICAL, 2024–2029 (USD MILLION) 159
9.5.3.3 UAE 160
9.5.3.4 REST OF GCC COUNTRIES 160
9.5.4 SOUTH AFRICA 160
9.5.4.1 Customized EHS solutions and need for cost optimization to accelerate market growth 160
9.5.5 REST OF MIDDLE EAST & AFRICA 161
9.6 LATIN AMERICA 161
9.6.1 LATIN AMERICA: ENVIRONMENT, HEALTH, AND SAFETY MARKET DRIVERS 161
9.6.2 LATIN AMERICA: RECESSION IMPACT 161
TABLE 131 LATIN AMERICA: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY OFFERING, 2018–2023 (USD MILLION) 162
TABLE 132 LATIN AMERICA: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY OFFERING, 2024–2029 (USD MILLION) 162
TABLE 133 LATIN AMERICA: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY SERVICE, 2018–2023 (USD MILLION) 163
TABLE 134 LATIN AMERICA: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY SERVICE, 2024–2029 (USD MILLION) 163
TABLE 135 LATIN AMERICA: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY VERTICAL, 2018–2023 (USD MILLION) 163
TABLE 136 LATIN AMERICA: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY VERTICAL, 2024–2029 (USD MILLION) 164
TABLE 137 LATIN AMERICA: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY COUNTRY, 2018–2023 (USD MILLION) 164
TABLE 138 LATIN AMERICA: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 164
9.6.3 BRAZIL 165
9.6.3.1 Regulatory reforms and technological advancements to open new avenues for market growth 165
TABLE 139 BRAZIL: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY OFFERING, 2018–2023 (USD MILLION) 165
TABLE 140 BRAZIL: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY OFFERING, 2024–2029 (USD MILLION) 165
TABLE 141 BRAZIL: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY SERVICE, 2018–2023 (USD MILLION) 166
TABLE 142 BRAZIL: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY SERVICE, 2024–2029 (USD MILLION) 166
TABLE 143 BRAZIL: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY VERTICAL, 2018–2023 (USD MILLION) 166
TABLE 144 BRAZIL: ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY VERTICAL, 2024–2029 (USD MILLION) 167
9.6.4 MEXICO 167
9.6.4.1 Digitalization and country’s focus on deploying renewable energy sources to propel growth 167
9.6.5 REST OF LATIN AMERICA 168
10 COMPETITIVE LANDSCAPE 169
10.1 OVERVIEW 169
10.2 KEY PLAYER STRATEGIES/RIGHT TO WIN 169
TABLE 145 OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS IN ENVIRONMENT, HEALTH, AND SAFETY MARKET 169
10.3 REVENUE ANALYSIS 171
FIGURE 34 REVENUE ANALYSIS OF KEY PLAYERS, 2019–2023 171
10.4 MARKET SHARE ANALYSIS 172
TABLE 146 ENVIRONMENT, HEALTH, AND SAFETY MARKET: DEGREE OF COMPETITION 172
FIGURE 35 SHARE OF LEADING COMPANIES IN ENVIRONMENT, HEALTH, AND SAFETY MARKET 173
10.5 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023 173
10.5.1 STARS 173
10.5.2 EMERGING LEADERS 173
10.5.3 PERVASIVE PLAYERS 173
10.5.4 PARTICIPANTS 174
FIGURE 36 ENVIRONMENT, HEALTH, AND SAFETY MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023 174
10.5.5 COMPANY FOOTPRINT 175
FIGURE 37 ENVIRONMENT, HEALTH, AND SAFETY MARKET: COMPANY FOOTPRINT 175
TABLE 147 ENVIRONMENT, HEALTH, AND SAFETY MARKET: COMPANY OFFERING FOOTPRINT 176
TABLE 148 ENVIRONMENT, HEALTH, AND SAFETY MARKET: COMPANY REGIONAL FOOTPRINT 177
TABLE 149 ENVIRONMENT, HEALTH, AND SAFETY MARKET: COMPANY VERTICAL FOOTPRINT 178
10.6 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023 179
10.6.1 PROGRESSIVE COMPANIES 179
10.6.2 RESPONSIVE COMPANIES 179
10.6.3 DYNAMIC COMPANIES 179
10.6.4 STARTING BLOCKS 179
FIGURE 38 ENVIRONMENT, HEALTH, AND SAFETY MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2023 180
10.6.5 COMPETITIVE BENCHMARKING 181
TABLE 150 LIST OF KEY STARTUPS/SMES, 2023 181
TABLE 151 ENVIRONMENT, HEALTH, AND SAFETY MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES 182
10.7 COMPETITIVE SCENARIO 182
10.7.1 PRODUCT LAUNCHES 182
TABLE 152 ENVIRONMENT, HEALTH, AND SAFETY MARKET: PRODUCT LAUNCHES, JANUARY 2021–JANUARY 2024 183
10.7.2 DEALS 185
TABLE 153 ENVIRONMENT, HEALTH, AND SAFETY MARKET: DEALS, JANUARY 2021–FEBRUARY 2024 185
10.8 BRAND/PRODUCT COMPARISON 188
FIGURE 39 BRAND/PRODUCT COMPARISON 188
10.9 COMPANY VALUATION AND FINANCIAL METRICS 189
FIGURE 40 VALUATION AND FINANCIAL METRICS OF KEY ENVIRONMENT, HEALTH, AND SAFETY VENDORS 189