The Global Carbon Footprint Management Market Report by The Business Research Company covers carbon footprint management market drivers and restraints, carbon footprint management market size, major players, and the impact of COVID-19 on the carbon footprint management market.
The carbon footprint management market consists of sales of carbon footprint management solutions and services by entities (organizations, sole traders, and partnerships) that use the software to track the carbon footprint of an organization. A carbon footprint management system is a technological solution for measuring the impact of human activity on the environment expressed as a carbon dioxide equivalent. This tool allows organizations to identify opportunities for reducing material, water, waste, and energy use, thus reducing the carbon footprint of the company.
The global carbon footprint management market is expected to grow from $7.76 billion in 2020 to $8.63 billion in 2021 at a compound annual growth rate (CAGR) of 11.3%. The growth in the carbon footprint management market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The carbon footprint management market is expected to reach $11.50 billion in 2025 at a CAGR of 7.4%.
The introduction of various carbon emission policies by governments in carbon footprint management is expected to propel the growth of the carbon footprint management market. Governments across the world have taken various initiatives to reduce their carbon footprint and pollution. The adherence requirements for reducing carbon footprint would result in a growth in the demand for carbon footprint management systems as it assists organizations in identifying avenues for reducing their carbon footprint.
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Some carbon footprint management market trends include rising focus on enterprise sustainability among organizations. Major companies operating in the carbon emission management sector are focused on launching new products to meet the rising market demand for regulating their carbon emission.
Global carbon footprint management market segments include:
1) By Component: Solution, Services
2) By Deployment: On-Premises, Cloud
3) By Vertical: Manufacturing, IT And Telecom, Residential And Commercial Buildings, Transportation And Logistics, Energy And Utilities, Others
4) By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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The Carbon Footprint Management Global Market Report 2021: COVID-19 Growth And Change is one of a series of new reports from The Business Research Company that provides carbon footprint management market overviews, analyzes and forecasts market size, share, carbon footprint management market players, carbon footprint management market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The carbon footprint management identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Carbon Footprint Management Global Market Report 2021: COVID-19 Growth And Change from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country; Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries
Market Players Covered: Accuvio, Carbon EMS, Enviance, EnergyCAP LLC, ENGIE Impact, Envirosoft Corporation, Intelex Technologies Inc., IsoMetrix Software, Locus Technologies, NativeEnergy Inc., SAP SE, Johnson Controls, Accenture PLC, IBM Corporation, Schneider Electric S.E., Natural Capital Partners, VelocityEHS, and Carbon Trust.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing and Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Carbon Footprint Management Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Carbon Footprint Management Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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