PUNE, India, October 13, 2016 /PRNewswire/ --
According to a new market research report "Carbon Footprint Management Market by Software, Service (Professional and Managed), Deployment (On-Premises and On-Demand), 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 2016-2021.
Browse 92 market data Tables and 29 Figures spread through 152 Pages and in-depth TOC on "Carbon Footprint Management Market"
Early buyers will receive 10% customization on this report.
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 the Carbon Footprint Management Market share 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 management-based technologies to manage the carbon emission levels.
Ask for Sample Pages @ http://www.marketsandmarkets.com/requestsample.asp?id=136375712
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 the Carbon Footprint Management Market space."
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.
Browse Related Reports
Energy Management System (EMS) Market by Software (Utility, Industrial, Residential, ECEM), Device (In-House Display, Smart Thermostat, Smart Plug, and Load Control Switches), Application, Solution, Vertical - Global Forecast to 2021
Smart Grid Market by Solution (Advanced Metering Infrastructure, Smart Grid Distribution, Smart Grid Communication, Grid Asset Management, Geographic Information System and Billing & Customer Information System), by Service - Global Forecast to 2021
Know More About our Knowledge Store @ http://www.marketsandmarkets.com/Knowledgestore.asp
MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Markets and Markets
701 Pike Street,
Suite 2175, Seattle,
WA 98101, United States
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/telecom-it
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets