Government Policies to Increase Energy Efficiency and Tackle Climate Change to Proliferate Sustainability & Energy Management Software Market | UnivDatos Market Insights
NOIDA, India, Sept. 29, 2022 /PRNewswire/ -- According to a new report published by UnivDatos Markets Insights the Sustainability & Energy Management Software Market is expected to grow at a CAGR of around 11% from 2022-2028, reaching USD 2.5 billion by 2028. The analysis has been segmented into Type (Home Energy Management Systems, Building Energy Management Systems, And Industrial Management Systems); Deployment (Cloud and On-Premises); End-User (Automotive, Building Automation, Construction, Manufacturing, Oil and Gas, Pharmaceuticals, And Others); Region/Country.
The sustainability & energy management software market report has been aggregated by collecting informative data on various dynamics such as market drivers, restraints, and opportunities. This innovative report makes use of several analyses to get a closer outlook on the sustainability & energy management software market. the sustainability & energy management software market report offers a detailed analysis of the latest industry developments and trending factors in the market that are influencing market growth. Furthermore, this statistical market research repository examines and estimates the Sustainability & Energy Management Software Market at the global and regional levels.
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The market growth of the sustainability and energy management software market can be attributed to the increasing investments made by large organizations and governments across the globe for the advancements in technology for efficient use of the existing renewable and nonrenewable resources. Furthermore, the surge in environmental awareness and increase in concerns among organizations & individuals about global warming acts as the key driving forces of the global sustainability & energy management software market. Moreover, the growing carbon emissions globally are increasing at an alarming rate, for instance, global energy-related CO2 emissions remained at 31.5 Gt, which contributed to CO2 reaching its highest ever average annual concentration in the atmosphere of 412.5 parts per million in 2020 – around 50% higher than when the industrial revolution began. These factors are expected to drive the market for sustainability & energy management software market..
The recent covid-19 pandemic has disrupted the world and has brought a state of shock to the global economy. The global pandemic has impacted the manufacturing and ICT industry and has transformed the way of working. The COVID-19 pandemic has significantly affected the sustainability & energy management software market as there has been an increase in the number of industries who adopted the search and rescue robots surveillance and mapping applications.
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The global sustainability & energy management software market report is studied thoroughly with several aspects that would help stakeholders in making their decisions more curated.
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Sustainability & Energy Management Software Market Geographical Segmentation Includes:
North America held a prominent share of the global sustainability & energy management software market in 2020 and is expected to showcase a prominent growth rate during the forecast period. This can be attributed to the presence of leading sustainability and energy management software providers and the integration of cloud and IoT with sustainability & energy management software market solutions. In addition, a surge in investments by key players as well as the government for developing advanced energy preservation technology and sustainability solutions fuels the growth of the market. In countries such as US and Canada, there are numerous government initiatives and investments.
The major players targeting the market include
The degree of competition among prominent global companies has been elaborated by analyzing several leading key players operating worldwide. The specialist team of research analysts sheds light on various traits such as global market competition, market share, most recent industry advancements, innovative product launches, partnerships, mergers, or acquisitions by leading companies in the Sustainability & Energy Management Software Market. The major players have been analyzed by using research methodologies for getting insight views on global competition.
Key questions resolved through this analytical market research report include:
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Sustainability & Energy Management Software Market Report Coverage
UnivDatos Market Insights (UMI) is a passionate market research firm and a subsidiary of Universal Data Solutions. We believe in delivering insights through Market Intelligence Reports, Customized Business Research, and Primary Research. Our research studies are spread across topics across the world, we cover markets in over 100 countries using smart research techniques and agile methodologies. We offer in-depth studies, detailed analysis, and customized reports that help shape winning business strategies for our clients.
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