What is Environmental Health Safety Management Tools Market?
Environmental health safety management tools help organizations to reduce workplace risk and streamline the complex EHS management process. EHS tools are used for sustainability analysis and seamless compliance management to improve business performance, enhance productivity, and reduce operational costs. EHS Software is widely deployed in highly regulated industries like chemical, oil & gas, mining, manufacturing, etc. for waste management, hazardous material management, and to meet environment and regulatory compliance.
The market study is being classified, by Application (Audit Management, Incident Management, Risk Management, Hazardous Material Management, Document Management and Others) and major geographies with country level break-up.
SAP (Germany), IBM (United States), Oracle Corporation (United States), Salesforce (United States), Benchmark ESG (United States), Dassault Systemes (France), Microsoft (United States), Intelex Technologies (Canada), ComplianceQuest, Inc. (United States), SafetyAmp (United States), StarTex Software LLC (United States), ETQ (United States) and HIS (United States) are some of the key players profiled in the study.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Environmental Health Safety Management Tools market throughout the predicted period.
Analyst at AMA have segmented the market study of Global Environmental Health Safety Management Tools market by Type, Application and Region.
On the basis of geography, the market of Environmental Health Safety Management Tools has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Surging Demand for EHS Tools to Monitor and Control Risks and Enhance Performance
- Growing Focus and Emphasis on the Health & Safety of Employees
- Rise in Adoption of EHS Management Mobile Apps by Organizations
- Slow Adoption in Some Underdeveloped Countries Due to Inadequate IT Budget
- Digital Transformation of Organizations and High Investment in Cloud EHS
- Cost of Training as Employees Should Have Deep Knowledge about EHS
Market Leaders and some development strategies
In July 2021, HSI, a leader in EHS and workforce development software, training, and compliance solutions acquired Solv Solutions. Solv Solutions provides workplace injury, health, safety, and worker compensation claims management solutions for businesses. By acquiring the Solv, HSI will add workplace safety, compliance, and injury solutions to its content, training, and software suit.
Key Target AudienceNew Entrants/Investors, Analysts and Strategic Business Planners, Environmental Health Safety Management Tools Providers, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations, End-User Industries and Others