Carbon Footprint Management Market

5/16/2017 Carbon Footprint Management Market Worth 12.94 Billion USD by 2021 /PR Newswire India/
PUNE, India, October 13, 2016 /PRNewswire/ ­­
According to a new market research report "Carbon Footprint Management
Marketby Software, Service (Professional and Managed), Deployment (On­
Premises and On­Demand), Vertical (Telecom and IT, Manufacturing,
Commercial Building, Transportation and Utilities), and Region ­ Global
Forecast to 2021", published by MarketsandMarkets, the market size is expected to grow from USD
7.76 Billion in 2016 to USD 12.94 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of
10.8% during the period 2016­2021.
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Browse 92 market data Tables and 29 Figures spread through 152 Pages and in­depth TOC
on "Carbon Footprint Management Market"
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The major drivers for the upsurge in demand for the carbon footprint management technology are
mandatory regulations & carbon footprint management policies, increasing concern for reducing carbon
footprints, enterprise sustainability & CSR programs, and increasing cost & demand for the primary
energy sources.
"Service market is estimated to dominate theCarbon Footprint Management Marketshare during
the forecast period."
The services segment is estimated to have the largest market share in the Carbon Footprint
Management Market. The organizations focus on offering specialized services to achieve greater
customer experience, achieving operation efficiency at a reduced cost and time is driving the demand
for Carbon Footprint Management Market services across the globe. The Carbon Footprint Management
Market is growing at an exponential rate since most of the players are focusing on providing specialized
services for the Carbon Footprint Management Market. Rapid growing demand for cloud services, data
center services, network services, and its reliable and efficient integration are some of the other drivers
impacting the services market.
"Manufacturing, transportation and commercial buildings are expected to grow at high CAGRs
during the forecast period. "
The Carbon Footprint Management Market is witnessing a potential growth in the manufacturing
industries across various regions owing to the increase in the adoption of carbon footprint management
strategies and regulatory frameworks. Moreover, transportation and commercial buildings sectors have
been early adopters of carbon footprint management­based technologies to manage the carbon
emission levels.
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The key innovators in this market are Schneider Electric SE, Enablon SA, IHS Markit, Ecova,
FirstCarbon Solutions, Enviance, Verisae, Thinkstep, processMAP, and Greenstone+.
"North America is the leading region in terms of market share in theCarbon Footprint
Management Marketspace."
North America is expected to hold the largest market share and dominate the Carbon Footprint
Management Market in 2016. The government has been actively making efforts to limit emissions of
Greenhouse Gases (GHG) and most of the corporates are undertaking long term initiatives to reduce
carbon footprint and achieve sustainability. This has pushed the Carbon Footprint Management Market
toward the growth phase.
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