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Environmental Intelligence Platform Market Segmentation by Deployment (Cloud-based, and On-Premises); by Services (Implementation & Integration, Consulting, Support & Maintenance, and Others); and by End-User (Automotive, Food & Beverages, Manufacturing, Aerospace, Energy & Utilities, Healthcare, Government, and Others) – Global Demand Analysis & Opportunity Outlook 2031

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Inflation And Looming Recession to Haunt Businesses:

In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022.

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Purchasing power in the couPurchasing power in the country is expected to fell nearly by 2.5%. On the other hand, European countries to see the worst coming in the form of energy crisis especially in upcoming winters!! Right after COVID-19, inflation has started gripping the economies across the globe. Higher than anticipated inflation, especially in western world had raised concerns for national banks and financial institutions to control the economic loss and safeguard the interest of the businesses. Increased interest rates, strong USD inflated oil prices, looming prices for gas and energy resources due to Ukraine-Russia conflict, China economic slowdown (~4% in 2022) disrupting the production and global supply chain and other factors would impact each industry negatively.                                                         Request Insights

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IN THE NEWS

  • October 22, 2021: Ecochain Technologies B.V. published a research highlighting the advantages of choosing integrated BI solutions in sustainability over point solutions.

  • February 21, 2022: Breezometer Ltd. announced that it is investing for innovation to integrate location-based environmental intelligence into its digital product innovation roadmap.

Global Environmental Intelligence Platform Market Highlights over 2022 – 2031

The global environmental intelligence platform market is estimated to grow at a significant CAGR over the forecast period, i.e., 2022 – 2031. The growth of the market can be attributed to the growing environmental concerns amongst major industrialists, along with the climate-friendly initiatives taken by governments across the world. The rising air pollution level is estimated to encourage the market growth. According to the data by the World Health Organization (WHO), air pollution kills an estimated seven million people worldwide every year, and almost 99% of the global population breathe air that exceeds WHO guideline limits of pollutants. Environmental intelligence platform is a system of more than one inter-related source, that stores and provides environment-related information about a particular region or process. The increasing demand for environmental intelligence platforms can also be attributed to the increasing awareness regarding carbon emissions throughout the entire value chain, and the advantages of globalization of supply chain networks. Additionally, large enterprises are adopting advanced technologies, including environmental intelligence, as they are highly reliable and facilitate overall cost-reduction by minimizing energy wastage. Several other factors, such as, indoor sensing for reducing waste in HVAC, prediction of potential impacts of climate change and weather, and insights to company’s emissions provided by environmental intelligence platforms, are estimated to boost the market growth.  

Environmental Intelligence Platform Market

The market is segmented by end-user into automotive, food & beverages, manufacturing, aerospace, energy & utilities, healthcare, government, and others, out of which, the automotive segment is anticipated to hold a substantial share in the global environmental intelligence platform market over the forecast period on account of high consumption of energy in the automotive sector. Moreover, vehicles are responsible for a major share of carbon emissions, which is estimated to further propel the segment growth. CLICK TO DOWNLOAD SAMPLE REPORT

Major Macro-Economic Indicators Impacting the Market Growth

Major Macro-Economic Indicators Impacting the Market Growth

In 2019, the world’s total energy supply was 606EJ, wherein the highest share in terms of source was captured by oil, accounting for 30.9%, followed by coal (26.8%), natural gas (23.2%), biofuels and waste (9.4%), nuclear (5.0%), hydro (2.5%), and other (2.2%). Where there was an increase in energy demand in 2018, the year 2019 witnessed slow growth as the energy efficiency improved owing to decline in the demand for cooling and heating. However, in 2020, the electricity demand decreased by 1% due to the outbreak of Coronavirus resulting in government imposed shutdowns in order to limit the spread of the virus, which was further followed by shutdown of numerous business operations impacting their growth. This also resulted in decline of 5.8% in the worldwide CO2 emissions which was recorded to be five times larger than the one recorded during the global financial crisis in 2009. However, in 2021, the demand for oil, gas and coal is estimated to witness growth, which is further projected to create opportunities for market growth. Moreover, rising environment degradation and awareness related to climate change is motivating many key players to employ sustainable energy strategies and invest significantly in environment-friendly power generation technologies with an aim to promote sustainable development among various nations around the world. Such factors are anticipated to promote the growth of the market in upcoming years.

Global Environmental Intelligence Platform Market Regional Synopsis

On the basis of geographical analysis, the global environmental intelligence platform market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. The market in Asia Pacific region is estimated to witness noteworthy growth over the forecast period on the back of increasing environment awareness amongst the nations, along with the government initiatives to reduce carbon emissions.

The market in the North America region is anticipated to gain the largest market share throughout the forecast period owing to the high greenhouse gas emissions in the developed countries, backed by the industrial development. According to the data by the Environment Protection Agency (EPA), in 2020, U.S. greenhouse gas emissions amounted to 5,215.6 million metric tons of carbon dioxide.

Environmental Intelligence Platform Market Share

The global environmental intelligence platform market is further classified on the basis of region as follows:

  • North America (U.S. & Canada) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook

  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook

  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC (Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook

  • Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook

  • Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook

Market Segmentation

Our in-depth analysis of the global environmental intelligence platform market includes the following segments:

By Deployment

  • Cloud-based
  • On-Premises

By Service

  • Implementation & Integration
  • Consulting
  • Support & Maintenance
  • Others

By End-User

  • Automotive
  • Food & Beverages
  • Manufacturing
  • Aerospace
  • Energy & Utilities
  • Healthcare
  • Government
  • Others

Growth Drivers

  • Increasing Environment Awareness amongst Enterprises
  • Rising Level of Air Pollution

Challenges

  • Lack of Awareness amongst People
  • Limited Accesses to such Platforms for SMEs

Top Featured Companies Dominating the Market

  • International Business Machines Corporation
    • Company Overview
    • Business Strategy
    • Key Product Offerings
    • Financial Performance
    • Key Performance Indicators
    • Risk Analysis
    • Recent Development
    • Regional Presence
    • SWOT Analysis 
  • BreezoMeter Ltd.
  • Cerensa
  • Ecochain Technologies B.V.
  • DataAir Pvt. Ltd.
  • Environmental Intelligence Group
  • State of Green
  • Merchant logo
  • Climate-KIC
  • Accenture plc
  • Copenhagen Cleantech Agency

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