Environmental Intelligence Platform Market Size & Share, by Deployment (Cloud-based, On-Premises); Services (Implementation & Integration, Consulting, Support & Maintenance); End-user (Automotive, Food & Beverages, Manufacturing, Aerospace, Energy & Utilities, Healthcare, Government) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2035

  • Report ID: 4000
  • Published Date: Jul 21, 2023
  • Report Format: PDF, PPT

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Global Market Size, Forecast, and Trend Highlights Over 2023 – 2035

Environmental Intelligence Platform Market size is expected to surpass USD 3.28 Billion by the end of 2035, witnessing around 13.3% CAGR during the forecast period, i.e., 2023 – 2035. In the year 2022, the industry size of environmental intelligence platform was USD 621 Million. The growth of this market may be attributed to the rising air pollution and the health problems it causes. According to WHO, 9 out of 10 people breathe air that is polluted at a high rate, and estimates that air pollution is causing alarming scenarios worldwide.

 The increasing CO2 emission on account of growing awareness to reduce carbon emission and the befits of globalizing supply chain networks are estimated to drive the market growth.  The EIP has gained popularity among nations due to its features such as real-world application. It is useful in monitoring disruptive environmental factors, forecasting possible weather and climate change effects, collecting knowledge, tracking and summarizing environmental actions, and others.


Environmental Intelligence Platform Market
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Environmental Intelligence Platform Sector: Growth Drivers and Challenges

Growth Drivers

  • Big Data Transforming Field of Environmental Intelligence- Environmental intelligence is evolving into the next stage of environmental management by utilizing the power of environmental data. It can be done with technology-driven processes to optimize economic value, foster development, foster societal acceptance, and lessen environmental impact. Around 2.5 quintillion bytes worth of data are generated each day across the globe.
  • Sudden Climate Change- The issue of climate change is also becoming more urgent for both corporate and political leaders. The corporate community is also starting to see climate change as a problem that needs to be considered when making long-term plans. The consequences on financial performance will probably be the same whether they are direct or indirect. As a result, global demand is eventually increasing due to climate change.  For instance, National Mission for a Green India Mission strives to improve ecological functions like carbon sinks. It expands on the Green India initiative of the Prime Minister, which aims to afforest 6 million hectares and reach the national goal of a 33% increase in the area covered by forests.
  • Increasing Awareness by Different Organizations- With the rising of pollution day by day, the initiatives taken by different organizations to make people aware of the environment have led to enterprises focusing more. The increasing awareness amongst enterprises has driven the growth of the market.

Challenges

  • Limited Accesses to Such Platforms for SMEs- The main challenge faced by the people which limits the growth of this market is that there is limited access to such platforms for SMEs. They do not have much knowledge as well as access to such platforms. Since SMEs are not very influential and instead have little impact on environmental protection, additional research is required to identify the most effective techniques for accelerating the adoption of eco-efficient practices by small firms. Only two-thirds of SMEs actively handled eco-efficiency measures in 2018. According to this report, SMEs must implement resource-efficient policies and green transformational leadership in order to enhance their company operations and achieve greater performance and development.
  • Lack of Awareness Among People
  • Scarcity of Professionals for the Operation of the Environmental Intelligence Platform

Environmental Intelligence Platform Market: Key Insights

Base Year

2022

Forecast Year

2023-2035

CAGR

~ 13.3%

Base Year Market Size (2022)

 ~ USD 621 Million

Forecast Year Market Size (2035)

 ~ USD 3.28 Billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Environmental Intelligence Platform Segmentation

Deployment (Cloud-based, On-Premises)

The cloud-based segment is estimated to hold around 57% share of the global environmental intelligence platform market in the projected period. Owing to the beneficial characteristics of cloud-based such as less expensive, high productivity, and minimal time consumption is also an important factor that boost the growth of this segment. According to recent surveys, approximately 94% of enterprises use at least one cloud service. This figure underscores businesse in cloud-based solutions to improve efficiency. Moreover, public cloud services are also available for organizations, where high infrastructure expenditure is not required.

End-User (Automotive, Food & Beverages, Manufacturing, Aerospace, Energy & Utilities, Healthcare, Government)

Environmental intelligence platform market from the automotive segment is expected to garner the highest revenue over the forecast period with market share of 22%. The growth is expected to increase owing to the energy consumption in the automotive industry. Furthermore, large-scale carbon emissions are generated by commercial vehicle as well as passenger vehicle, which is predicted to drive the growth of the segment in the market. It is believed that a passenger automobile releases roughly 4.6 metric tons of CO2 annually.

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

          Deployment

  • Cloud-based
  • On-Premises

         Services

  • Implementation & Integration
  • Consulting
  • Support & Maintenance

         End-User

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

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Environmental Intelligence Platform Industry - Regional Synopsis

North American Market Statistics

The North America environmental intelligence platform market is estimated to gain a 37% share owing to the greenhouse gas emission in the developed countries which is supported by the industrial development in the region. The market is anticipated to grow 2.5X within the anticipated time frame. Moreover, there has been a high number of suppliers and favorable government regulations in North America region.

APAC Market Forecast

The environmental intelligence platform market in the Asia Pacific region is estimated to witness a significant share of 30% in the projected period. This region is expected to grow as they regularly predict the potential impacts of weather and climate change. Furthermore, there is the presence of a large population in the region, which requires transportation for the movement of goods. The Chinese market for environmental intelligence is expected to have a market share of 46 % in the Asia Pacific region.  As per sources, India will increase its non-fossil energy capacity to around 510 GW. By 2030, India will use renewable energy to cover about 50% of its energy needs and plans to cut its carbon emissions by 2030.

Research Nester
Environmental Intelligence Platform Market Size
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Companies Dominating the Environmental Intelligence Platform Landscape

top-features-companies
    • 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

In the News

  •  Ecochain Technologies B.V. published a research highlighting the advantages of choosing integrated BI solutions in sustainability over point solutions.
  •  Breezometer Ltd. announced that it is investing for innovation to integrate location-based environmental intelligence into its digital product innovation roadmap.

Author Credits:  Payel Roy, Dhruv Bhatia


  • Report ID: 4000
  • Published Date: Jul 21, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The major factor driving the growth of the environmental platform market is growing environmental awareness among people.

The market size of environmental intelligence platform is anticipated to attain a CAGR of 13.3% over the forecast period, i.e., 2023 – 2035.

The major players in the market are BreezoMeter Ltd., Cerensa , Ecochain Technologies B.V., DataAir Pvt. Ltd., Environmental Intelligence Group, State of Green, Merchant Logo, Climate-KIC, Accenture plc, and others.

The cloud-based segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.

The market in the Asia Pacific region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.
Environmental Intelligence Platform Market Report Scope
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