EHS Software Market Size (2024 - 2029)

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 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.