Multiple Benefits to Have Positive Impact on Covid-19 Analysis on Sustainability Management Software Market
Market Analysis
The global Covid-19 Analysis on Sustainability Management Software Market is predicted to touch USD 900 million at a 7% CAGR over the forecast period (2017-2023), reveals the new Market Research Future (MRFR) report. Sustainability management software is used by organizations for maintaining the efficient and smooth working of operational activities in companies. This helps in enhancing the performance of their business with the help of reporting, data management, and automated analysis.
Various factors are driving the growth of the Covid-19 Analysis on Sustainability Management Software Market. These factors, in accordance with the Market Research Future (MRFR) report, include growing awareness about sustainability management software amongst various organizations, various benefits that it offers such as higher return on capital and reduction in operating costs, growing competition amid companies, and increasing demand for sustainability management software from oil and gas and chemical sectors.
On the contrary, lack of strict regulation in environmental protection, especially in emerging economies, is predicted to deter the Covid-19 Analysis on Sustainability Management Software Market growth over the forecast period.
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Segmentation
The Market Research Future report provides a wide segmental analysis of the Covid-19 Analysis on Sustainability Management Software Market based on deployment, component, and application.
Based on component, the Covid-19 Analysis on Sustainability Management Software Market is segmented into service and software. The software segment is further segmented into corporate social responsibility data management software, infrastructure management software, collaboration and communication system, sustainable product development software, and sustainability performance and project management software.
Based on deployment, the Covid-19 Analysis on Sustainability Management Software Market is segmented into on-premise and cloud-based. Of these, the cloud-based sustainability management software is expected to have the largest share in the market over the forecast period. This segment is increasing at a phenomenal pace due to numerous advantages it provides such as convenience, scalability, flexibility of work practices, and reduction in IT costs.
Based on applications, the Covid-19 Analysis on Sustainability Management Software Market is segmented into IT and telecommunication, automotive, oil and gas, manufacturing, healthcare, and others. Of these, the healthcare segment will dominate the market over the forecast period. Sustainability management software is extremely crucial for the smooth and efficient functioning of operations within the healthcare sector. With a huge database of patients coupled with the need to handle various sets of information concerning the patient in the healthcare domain has increased the demand for this software to aid with such issues.
Key Players
Leading players profiled in the Covid-19 Analysis on Sustainability Management Software Market report include Figbytes Inc. (Canada), Ecova Inc. (US), Accuvio (Ireland), Urjanet Inc (US), CA Technologies (US), SAP SE (Germany), IBM Corporation (US), Schneider Electric (France), Thinkstep (Germany), and Verisae, Inc. (US), among others.
July 2019: A landscaping and turf replacement project will be undertaken at the Phoenix Sky Harbor International Airport for a more sustainable future both for the airport as well as the city at large. The Aviation Department will work with the Phoenix Water Services Department to reduce water consumption by at least 10%. It has worked with the Phoenix Water Services Department by conducting water audits in three airports as well as developed water conservation plans outlining the finest water conservation opportunities.
Regional Analysis
Based on the region, the Covid-19 Analysis on Sustainability Management Software Market covers growth opportunities and the latest trends across Europe, North America, Asia Pacific (APAC), and Rest of the World (RoW). Of these, North America is the leading player in the market owing to the presence of leading sustainability management software manufacturers here.
The Covid-19 Analysis on Sustainability Management Software Market in the European region is likely to dominate the market over the forecast period owing to the presence of top organizations that are making huge investments in software development for improving their profit margins. Besides, increasing awareness amid these market players concerning the advantages of sustainability management software is instrumental in the growth of the Covid-19 Analysis on Sustainability Management Software Market in this region.
The Covid-19 Analysis on Sustainability Management Software Market in the APAC region is predicted to grow at the fastest pace during the forecast period. This is owing to growing awareness about sustainability management amid flourishing IT infrastructure and enterprises. Moreover, rapid industrialization coupled with improving economy, is also driving market growth in this region.
LIST OF TABLES
TABLE 1 COVID-19 ANALYSIS ON SUSTAINABILITY MANAGEMENT SOFTWARE MARKET, BY COMPONENT
TABLE 2 COVID-19 ANALYSIS ON SUSTAINABILITY MANAGEMENT SOFTWARE MARKET, BY DEPLOYMENT
TABLE 3 COVID-19 ANALYSIS ON SUSTAINABILITY MANAGEMENT SOFTWARE MARKET, BY VERTICAL
TABLE 4 COVID-19 ANALYSIS ON SUSTAINABILITY MANAGEMENT SOFTWARE MARKET, BY REGION
TABLE 5 NORTH AMERICA COVID-19 ANALYSIS ON SUSTAINABILITY MANAGEMENT SOFTWARE MARKET, BY COMPONENT
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LIST OF FIGURES
FIGURE 1 RESEARCH TYPE
FIGURE 2 COVID-19 ANALYSIS ON SUSTAINABILITY MANAGEMENT SOFTWARE MARKET: BY COMPONENT (%)
FIGURE 3 COVID-19 ANALYSIS ON SUSTAINABILITY MANAGEMENT SOFTWARE MARKET: BY DEPLOYMENT (%)
FIGURE 4 COVID-19 ANALYSIS ON SUSTAINABILITY MANAGEMENT SOFTWARE MARKET: BY VERTICAL (%)
FIGURE 5 COVID-19 ANALYSIS ON SUSTAINABILITY MANAGEMENT SOFTWARE MARKET: BY REGION (%)
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