Global Carbon and Energy Software Market to Log 11.5% CAGR to 2022 as Enterprises Comply with Environmental Norms

Increasing need to reduce energy consumption and operational costs has led to the rising demand for carbon and energy software, globally. In addition, rising concerns towards climatic changes and global warming have made it imperative for various governments across the world to work towards reducing carbon emissions. Thereby, energy intensive industries including oil and gas, energy and utilities, and manufacturing need to monitor and assess their energy consumption.

Carbon and energy software has offered a viable solution to such industries to effectively monitor and assess overall energy consumption and carbon emissions associated with various business operations within an organization. Furthermore, increasing popularity of sustainability management across various organizations in the IT and telecommunication, retail and manufacturing industries is further driving the demand for carbon and energy software market.

Increasing complexities and expansion of supply chain in various organizations across the world have led to increasing operational costs. Thereby, organizations seek to deploy carbon and energy software in order to efficiently map, monitor, and assess energy consumer by various individual processes throughout the supply chain.

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Furthermore, such software enables organizations to optimize various operations to achieve higher sustainability in terms of carbon emissions and energy consumption. Carbon and energy software offers precise measurement of the carbon emissions enabling organizations to publish their carbon footprint accurately. Organizations can fine tune their operations to reduce their overall carbon footprint and comply with various government regulations and norms pertaining to carbon emission.

Based on the end-use, the carbon and energy software market is segmented into oil and gas; energy and utilities; IT and telecommunication; manufacturing, and others (retail, automobiles, construction, medical, etc.). In 2013, IT and telecommunication held the largest market share in the overall carbon and energy software market.

This 105 page report gives readers a comprehensive overview of the Carbon and Energy Software Market . Browse through Table. Browse through 9 figures and 63 data tables to unlock the hidden opportunities in this market.

Rising need to reduce operational costs to increase profitability and build an environmental friendly brand image has made it imperative for numerous organizations across the world to make use of carbon and energy software. Government initiatives taken towards reducing the overall carbon emissions in various countries in Europe and Asia Pacific region are further driving the growth of carbon and energy software market.

By geography, North America led the overall carbon and energy software market in terms of revenue in 2013 on account of higher adoption of this software solution in the region. Europe held the second largest revenue share of the overall carbon and energy software market in 2013. Carbon and energy software market in Asia Pacific is expected to achieve significant growth during the forecast period from 2014 to 2022. Increasing government activities for curtailing carbon emissions and achieving higher energy efficiency are expected to drive the carbon and energy software market in this region.

Furthermore, higher concentration of IT and telecommunication sector in countries including China, India, Japan, and Indonesia offer immense growth opportunities in the carbon and energy software market during the forecast period from 2014 to 2022. Countries in the Latin America region including Brazil, Argentina, and Chile have also been identified as growth markets during the forecast period.

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Intelex Technologies, Inc., IBM Corporation, CA Technologies, Inc., Enablon North America Corporation, and IHS, Inc. were identified to be the top five players in the carbon and energy software market in 2013. Other key players include Enviance, Inc., Thinkstep AG (PE International), ProcessMAP Corporation, Verisae, Inc., and SAP SE.

The global carbon and energy software market has been segmented as follows:

Carbon and Energy Software Market, by Deployment Type

• On-premise

• Hosted

Carbon and Energy Software Market, by End-use Industry

• Oil and Gas

• Energy and Utilities

• IT and Telecommunication

• Manufacturing

• Others (Retail, Automobiles, Construction, Medical, etc.)

Carbon and Energy Software Market, by Geography

• North America

  • U.S.

  • Rest of North America

• Europe

  • EU7 (UK, Italy, Spain, France, Germany, Belgium, and the Netherlands)

  • CIS

  • Rest of Europe

• Asia Pacific

  • Japan

  • China

  • South Asia (India, Pakistan, Bangladesh, and Sri Lanka)

  • Australasia (Australia, New Zealand, and Guinea)

• Middle East and Africa (MEA)

  • GCC Countries

  • North Africa

  • South Africa

  • Rest of MEA

• Latin America

  • Brazil

  • Rest of Latin America