- June 30, 2015
- Transparency Market Research
The global carbon and energy software market, in terms of revenue, was valued at US$ 369.7 Mn in 2013 and is forecast to grow at a CAGR of 11.5% during the period 2014 to 2022.
According to a new market report published by Transparency Market Research “Carbon and Energy Software Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2022”, the global carbon and energy software market, in terms of revenue, was valued at US$ 369.7 Mn in 2013 and is forecast to grow at a CAGR of 11.5% during the period 2014 to 2022. Increasing need for sustainability management and rising environmental concerns have led to the growing demand of carbon and energy software, globally. Numerous organizations seek to map, monitor and assess their energy consumption and carbon emissions throughout the supply chain. Thereby, carbon and energy software has enabled organizations to effectively manage energy consumption to reduce overall operational costs. In addition, various government initiatives taken towards reducing carbon emission in Europe and Asia Pacific region are further driving the growth of carbon and energy software market.
Browse the full Carbon and Energy Software Market report at http://www.transparencymarketresearch.com/carbon-energy-software-market.html
Carbon and energy software market can be segmented into on-premise and hosted solutions, based on its deployment type. The on-premise carbon and energy software market held the share of around 80% in terms of revenue in 2013. However, increasing penetration of Internet and rising demand for scalable solutions have led to the growing popularity of hosted carbon and energy software market. Thereby, this segment is expected to grow at a significant rate during the period from 2014 to 2022. Furthermore, lower initial investments and ease of deployment has led to the increasing adoption of carbon and energy software by numerous small and medium enterprises (SMEs) across the world. Rising applications in various end-use sectors including retail, automobile, medical, and construction have made the carbon and energy software market lucrative for investments and acquisitions.
By end-use industry, IT and telecommunication held the largest share of nearly 30.0% of the overall carbon and energy software market in terms of revenue in 2013. The carbon and energy software market in this sector is expected to witness continued growth due to the increasing adoption of hosted solutions during the forecast period 2014 - 2022. Carbon intensive industries including oil and gas are expected to generate immense demand for the carbon and energy software market during the forecast period from 2014 to 2022.
Developed markets such as North America led the global carbon and energy software market in 2013. North America held the largest share of about 33% in 2013 of the overall carbon and energy software market due to increased adoption of these solutions in the region. Increasing government initiatives towards environment in Europe are expected to result in significant growth in the carbon and energy software market in the region. The carbon and energy software market in Asia Pacific region is expected to witness the fastest growth during the forecast period due to rising demand from countries including China, India, and Australia. Countries such as Brazil, Chile, and Argentina in Latin America offer immense growth opportunities in the carbon and energy software market during the forecast period from 2014 to 2022.
The global carbon and energy software market comprises numerous players offering various on-premise and hosted software solutions. Furthermore, companies seek to offer specialized solutions to cater to the varying requirements of various industries including oil and gas; energy and utilities; IT and telecommunication, manufacturing, and retail. The key players in the carbon and energy software market include Intelex Technologies, Inc., IBM Corporation, CA Technologies, Inc., Enablon North America Corporation, IHS, Inc., Enviance, Inc., Thinkstep AG (PE International), ProcessMAP Corporation, Verisae, Inc., and SAP SE.
Browse the full Carbon and Energy Software Market Press Release report at http://www.transparencymarketresearch.com/pressrelease/carbon-energy-software-market.htm
The global carbon and energy software market has been segmented as follows:
Carbon and Energy Software Market, by Deployment Type
Carbon and Energy Software Market, by End-use Industry
Oil and Gas
Energy and Utilities
IT and Telecommunication
Others (Retail, Automobiles, Construction, Medical, etc.)
Carbon and Energy Software Market, by Geography
Rest of North America
EU7 (UK, Italy, Spain, France, Germany, Belgium, and the Netherlands)
Rest of Europe
South Asia (India, Pakistan, Bangladesh, and Sri Lanka)
Australasia (Australia, New Zealand, and Guinea)
Middle East and Africa (MEA)
Rest of MEA
Rest of Latin America
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