ESG Reporting Software Market to grow by USD 765.45 million from 2022 to 2027, Growth Driven by Steady growth in corporate data volumes- Technavio
NEW YORK, Sept. 18, 2023 /PRNewswire/ -- The "ESG reporting software market by deployment (on-premises and cloud-based), end-user (large enterprises and SMEs), and geography (North America, Europe, APAC, South America, and Middle East and Africa) - Forecast and Analysis 2023-2027" report has been added to technavio offering. With ISO 9001:2015 certification, Technavio has proudly partnered with more than 100 Fortune 500 companies for over 16 years. The potential growth difference for the ESG reporting software market from 2022 to 2027 is USD 765.45 million, according to Technavio. The steady growth in corporate data volumes is a key factor driving the market growth. Digitization brings many benefits to businesses, such as efficient resource planning, data-driven decision-making, product and service innovation, and cost reduction. Furthermore, there is an increase of data in various sectors due to the increasing use of other online, social, and mobile communication methods, which increases data about customers, operations, suppliers, and other stakeholders. In addition, this increase in data requires low-cost storage, which often leads to the adoption of a cost-effective, cloud-based information management infrastructure. Minimal IT infrastructure support, rapid and predictable deployment, automatic and seamless upgrades, and ease of working with cloud-based data are some of the reasons why this solution is preferred. Hence, these factors are expected to drive growth during the forecast period. Get deeper insights into the market size, current market scenario, future growth opportunities, major growth driving factors, the latest trends, and much more. Buy the full report here
High initial capital investments are one of the significant challenges restricting market growth.
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The ESG reporting software market has been segmented by deployment (on-premises and cloud-based), end-user (large enterprises and SMEs), and geography (North America, Europe, APAC,
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Key Companies in the ESG reporting software market:
Benchmark Digital Partners LLC, Brightest Inc., Diginex Solutions HK Ltd., Diligent Corp., DNV Group AS, ESG Enterprise, Global Software LLC, Intelex Technologies ULC, International Business Machines Corp., Metrix Software Solutions Pty Ltd., Morningstar Inc., Nasdaq Inc., Newgen Software Technologies Ltd., PricewaterhouseCoopers LLP, Salesforce Inc., Sustain. Life Inc., UL Solutions Inc., Updapt CSR Private Ltd., Wolters Kluwer NV, and Workiva Inc.
The Enterprise Governance, Risk, and Compliance (eGRC) Solutions Market size is estimated to grow at a CAGR of 12.38% between 2022 and 2027. This enterprise governance, risk, and compliance (eGRC) solutions market report extensively covers market segmentation by component (software and service), end-user (large enterprise and SME), and geography (North America, Europe, APAC, South America, and Middle East and Africa). The increased need to comply with regulatory requirements in driving growth in the enterprise governance, risk, and compliance (eGRC) solution market.
The investor ESG software market size is estimated to grow at a CAGR of 13.3% between 2022 and 2027. The market size is forecast to increase by USD 616.29 million. This investor ESG software market report extensively covers market segmentation by component (software and services), deployment (on-premises and cloud), and geography (North America, APAC, Europe, South America, and Middle East and Africa). The shift toward green initiatives has been a major driver of the significant growth of the global investor ESG software market.
Historic Market Sizes
Five Forces Analysis
Market Segmentation by Deployment
Market Segmentation by End-User
Market Segmentation by Geography
Drivers, Challenges, & Trends
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