EHS Software Market Size
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 2.02 Billion |
| Market Size (2029) | USD 3.58 Billion |
| CAGR (2024 - 2029) | 12.17 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
EHS Software Market Analysis
The EHS Software Market size is estimated at USD 2.02 billion in 2024, and is expected to reach USD 3.58 billion by 2029, growing at a CAGR of 12.17% during the forecast period (2024-2029).
Environmental, health, and safety (EHS) software solutions are responsible for maintaining an adequate balance among various environmental themes, including regulatory compliance, corporate sustainability in protecting the environment, accident avoidance, environmental audit and inspection, process standardization, and incident response.
The environmental, health, and safety (EHS) software market has experienced significant growth driven by increased regulatory requirements, corporate governance standards, and a heightened focus on sustainability and employee safety.
Companies across various industries, including manufacturing, construction, energy, and pharmaceuticals, are increasingly adopting EHS software to streamline compliance, minimize risks, and enhance operational efficiency. The integration of advanced technologies such as artificial intelligence (AI), Internet of Things (IoT), and data analytics into EHS software solutions has further propelled market expansion, enabling real-time monitoring, predictive analytics, and better decision-making.
In January 2024, VelocityEHS, the global provider of enterprise EHS & ESG software solutions, completed the acquisition of Contractor Compliance, a Canada-based safety and risk management software solution provider. The deal adds innovative third-party contractor and vendor compliance capabilities to the award-winning VelocityEHS Accelerate Platform.
Governments worldwide have tightened regulations around environmental protection and workplace safety, compelling organizations to invest in robust EHS systems to avoid hefty fines and legal repercussions. The rise of digital transformation initiatives has also spurred demand as businesses seek to automate and digitize their EHS processes, moving away from traditional, manual methods that are prone to errors and inefficiencies.
As a result, the EHS software market is poised for robust growth in the coming years, supported by technological advancements, regulatory pressures, and the growing awareness of the benefits of a proactive approach to environmental, health, and safety management. With the continuous evolution of the industry and the emergence of new challenges and opportunities, EHS software will remain a critical tool for organizations aiming to achieve compliance, protect their workforce, and promote sustainable business practices.
EHS Software Market Trends
Healthcare and Life Sciences Drives Market Growth
- The environmental, health, and safety (EHS) software market within the healthcare and life sciences industry is experiencing significant growth driven by several factors. One of the primary drivers is the increasingly stringent regulatory environment that healthcare and life science organizations must navigate.
- The shift toward digital transformation in healthcare and life sciences is another important factor propelling the EHS software market. Organizations are investing in advanced software solutions to streamline EHS processes, enhance operational efficiency, and improve data accuracy. EHS software provides tools for real-time monitoring, incident management, risk assessment, and reporting, which are essential for maintaining high safety standards in clinical trials, pharmaceutical manufacturing, and laboratory environments.
- In March 2023, VelocityEHS, the global provider of enterprise EHS & ESG software solutions, introduced a partnership with the occupational and industrial health powerhouse Fit For Work, a member of the Confluent Health family. The collaboration will enable the companies to operationalize their ergonomics process and proactively reduce workplace musculoskeletal disorders (MSDs) and associated costs. Velocity and Fit For Work offer an unparalleled opportunity for businesses to quickly scale implementation, training, on-site assessments, and adoption of VelocityEHS’ Ergonomics and Health solutions.
- The integration of advanced technologies like artificial intelligence (AI) and machine learning (ML) into EHS software is further enhancing its capabilities, enabling predictive analytics, automated risk assessments, and more effective decision-making. This technological advancement is attracting healthcare and life science companies to invest in EHS software, as it not only helps in compliance but also in proactive risk management.
North America Holds Significant Market Share
- The countries in North America, particularly the United States and Canada, have been a significant market for EHS software. The region has stringent environmental and occupational health and safety regulations, driving the adoption of EHS software solutions. Additionally, industries such as manufacturing, energy, and healthcare in North America have been early adopters of EHS software to manage compliance, safety, and risk mitigation.
- Moreover, the region has a strong foothold of EHS software vendors contributing positively to the market's growth. Some vendors based in North America include Intelex Technologies Inc., VelocityEHS, Sai Global Pty Limited, Dakota Software Corporation, and Gensuite.
- Several players are taking the initiative to strive for zero safety incidents and minimize the impact of their operations on the environment. For instance, ProcessMAPCorporation, a data-intelligence-driven software solutions provider that helps empower customers to transform into sustainable enterprises, announced that Fortune Brands Home & Security Inc., a Fortune 500 company, will drive the digital transformation of its global EHS and ESG initiatives by leveraging ProcessMAP's smart and actionable data-intelligence solutions.
- Vendors in the region are enhancing their EHS software solutions. VelocityEHS, a player in cloud-based environmental, health, safety, and sustainability software, acquired Kinetica Labs, a pioneer in developing sensing and simulation technology for occupational safety and health in Ann Arbor.
- Similarly, VelocityEHS acquired OneLook Systems, an Irish software firm. The acquisition will boost its enterprise-wide platform services and capacity to assist users in addressing emerging risk management concerns related to the COVID-19 outbreak and beyond.
- The countries and their respective regional states have developed regulations and requirements to protect their citizens' natural environment and health. Products manufactured, sold, distributed, and imported are subject to an expanding list of complex local, regional, and federal (mandatory and self-regulated) environmental requirements in the United States and Canada. These environmental and safety measures create new compliance challenges for global and local businesses.
- In North America, the Environmental Protection Agency (EPA) and the US Occupational Safety and Health Administration (OSHA) strictly implement industrial safety, driving the adoption of EHS software. Almost all businesses in the United States are subject to OSHA standards, so they are a relevant concern for employers and employees in many industries.
EHS Software Industry Overview
The EHS software market is fragmented. With many key, technologically advanced players in the industry, such as VelocityEHS, Enablon, Cority, and Sphera, the rivalry is intense, especially among the market incumbents. Market penetration is growing, with a strong presence of major players in established markets. With an increasing focus on innovation, the demand for new technologies, such as AI, is growing, which, in turn, is driving investments for further developments.
- March 2024: Enhesa, the key provider of regulatory and sustainability intelligence worldwide, announced a strategic alliance with Lisam, a global provider of smart EHS compliance and practical sustainability solutions. Under the agreement, Enhesa is expected to integrate its global regulatory intelligence into Lisam’s robust EHS management platform. This will enable clients to streamline their compliance searches by leveraging an expertly curated EHS content library directly through Lisam’s solutions.
- January 2024: Ideagen, a global provider of regulatory and compliance software solutions, announced the acquisition of Plant Assessor, a solution for plant safety and maintenance management in Australia. Adding Plant Assessor to the Ideagen suite of solutions strengthens its EHS product portfolio, enabling it to provide advanced capabilities to its customers, particularly those involved in industries where heavy machinery is commonplace.
EHS Software Market Leaders
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Enablon (Wolters Kluwer N.V.)
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Intelex Technologies, ULC
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VelocityEHS Holdings Inc.
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Cority Software Inc.
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Sphera Solutions, Inc.
*Disclaimer: Major Players sorted in no particular order
EHS Software Market News
- March 2024: SERENITY, a provider of innovative environmental, health, and safety (EHS) solutions, launched Serenity Ascend, an EHS management solution that promises to transform the industry. This AI-powered platform is uniquely designed to be a self-registered, ready-to-use tool that addresses the core needs of EHS management, making it an indispensable asset for businesses, especially small- to mid-market companies, aiming to enhance their safety protocols and compliance strategies.
- December 2023: Enhesa, the key provider of regulatory and sustainability intelligence globally, announced a strategic alliance with VPWhite, a key advisory and digital transformation consultancy specializing in ESG and environmental, health, safety, and quality (EHSQ). The partnership provides Enhesa customers access to VPWhite’s comprehensive services, which comprise the implementation of Enhesa’s unmatched global regulatory content within select EHS software platforms like Enablon, Cority, Intelex, and Benchmark Gensuite.
Environmental Health & Safety Software Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS
4.1 Market Overview
4.2 Industry Value Chain Analysis
4.3 Industry Attractiveness - Porter's Five Forces Analysis
4.3.1 Bargaining Power of Suppliers
4.3.2 Bargaining Power of Buyers/Consumers
4.3.3 Threat of New Entrants
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry
4.4 Assessment of the Impact of COVID-19 on the Market
5. MARKET DYNAMICS
5.1 Market Drivers
5.1.1 Stringent Government Regulations and Technology Advancements Have Spurred Adoption
5.1.2 Increasing Data Management and Reporting Requirements May Drive the Market Growth
5.2 Market Restraints
5.2.1 Implementation, Budgetary Concerns, and Lack of Analytics
5.2.2 Data Security and Privacy Concerns
5.3 Qualitative Analysis of EHS Solutions
5.3.1 Incident Management
5.3.2 Audit and Inspection
5.3.3 Compliance Management
5.3.4 Other EHS Solutions
6. MARKET SEGMENTATION
6.1 By Deployment Mode
6.1.1 Cloud
6.1.2 On-premise
6.2 By End-user Vertical
6.2.1 Oil and Gas
6.2.2 Energy and Utilities
6.2.3 Healthcare and Life Sciences
6.2.4 Construction and Manufacturing
6.2.5 Chemicals
6.2.6 Mining and Metals
6.2.7 Food and Beverages
6.2.8 Other End-user Verticals
6.3 By Geography***
6.3.1 North America
6.3.2 Europe
6.3.3 Asia
6.3.4 Australia and New Zealand
6.3.5 Latin America
6.3.6 Middle East and Africa
7. COMPETITIVE LANDSCAPE
7.1 Company Profiles*
7.1.1 Enablon (Wolters Kluwer NV)
7.1.2 Intelex Technologies ULC
7.1.3 VelocityEHS Holdings Inc.
7.1.4 Cority Software Inc.
7.1.5 Sphera Solutions Inc.
7.1.6 Sai Global Pty Limited (Intertek Group PLC)
7.1.7 Dakota Software Corporation
7.1.8 Benchmark Digital Partners LLC
7.1.9 ProcessMAP Corporation
7.1.10 Quintec GmbH
7.1.11 IsoMetrix
7.1.12 SAP SE
7.1.13 iPoint-Systems GmbH
7.1.14 Evotix (SHE Software)
7.1.15 DNV GL
8. INVESTMENT ANALYSIS
9. MARKET OPPORTUNITIES AND FUTURE OF THE MARKET
EHS Software Industry Segmentation
Environmental, health, and safety (EHS) software is a category of computer programs and applications designed to assist organizations in managing and ensuring compliance with environmental regulations, occupational health and safety standards, and overall workplace safety. It provides a centralized platform for tracking, monitoring, and reporting various EHS-related activities, risks, incidents, and performance metrics. The scope of the study defines the revenue accrued from the sales of EHS software applications deployed in cloud and on-premise modes.
The EHS software market is segmented by deployment mode (cloud and on-premise), end-user vertical (oil and gas, energy and utilities, healthcare and life sciences, construction and manufacturing, chemicals, mining and metals, food and beverages, and other end-user verticals), and geography (North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa).
The Report Provides the Market Sizes and Forecasts in Terms of Value in USD for the Segments Mentioned Above.
| By Deployment Mode | |
| Cloud | |
| On-premise |
| By End-user Vertical | |
| Oil and Gas | |
| Energy and Utilities | |
| Healthcare and Life Sciences | |
| Construction and Manufacturing | |
| Chemicals | |
| Mining and Metals | |
| Food and Beverages | |
| Other End-user Verticals |
| By Geography*** | |
| North America | |
| Europe | |
| Asia | |
| Australia and New Zealand | |
| Latin America | |
| Middle East and Africa |
Environmental Health & Safety Software Market Research FAQs
How big is the EHS Software Market?
The EHS Software Market size is expected to reach USD 2.02 billion in 2024 and grow at a CAGR of 12.17% to reach USD 3.58 billion by 2029.
What is the current EHS Software Market size?
In 2024, the EHS Software Market size is expected to reach USD 2.02 billion.
Who are the key players in EHS Software Market?
Enablon (Wolters Kluwer N.V.), Intelex Technologies, ULC, VelocityEHS Holdings Inc., Cority Software Inc. and Sphera Solutions, Inc. are the major companies operating in the EHS Software Market.
Which is the fastest growing region in EHS Software Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in EHS Software Market?
In 2024, the North America accounts for the largest market share in EHS Software Market.
What years does this EHS Software Market cover, and what was the market size in 2023?
In 2023, the EHS Software Market size was estimated at USD 1.77 billion. The report covers the EHS Software Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the EHS Software Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
What drives the EHS Software Market growth?
Environment, Health & Safety (EHS) Market growth is driven by a) Increasing regulatory requirements b) Need for improved safety standards c) Adoption of digital tools to ensure compliance and safety
What drives the EHS Software Market growth?
Environment, Health & Safety (EHS) Market growth is driven by a) Increasing regulatory requirements b) Need for improved safety standards c) Adoption of digital tools to ensure compliance and safety
EHS Software Industry Report
The global environment, health, and safety (EHS) market is experiencing significant growth, driven by stringent government regulations and the increasing adoption of digital technologies like IoT and wearables to enhance workplace safety and operational efficiency. The EHS software market size is expanding as organizations increasingly prioritize risk management, regulatory compliance, and sustainability in their operational strategies. The market is segmented into various verticals, with the construction and engineering sector showing the highest growth due to the critical need for compliance management and incident prevention. North America is leading the market, supported by robust regulatory frameworks and advanced technological infrastructure. However, the integration of EHS software with existing enterprise systems poses challenges due to data silos and information gaps. Despite these challenges, opportunities for market expansion are emerging with the modernization of industry infrastructure aimed at reducing carbon emissions. For a deeper dive into the EHS Software market share, size, and revenue growth rate, access a free report PDF download from Mordor Intelligence™ Industry Reports, which includes a market forecast outlook and historical overview.
