New York, March 21, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Carbon Footprint Management Global Market Report 2022” – https://ift.tt/ZFJsClG
, SAP SE, Johnson Controls, Accenture PLC, IBM Corporation, Schneider Electric S.E., Natural Capital Partners, VelocityEHS and Carbon Trust.
The global carbon footprint management market is expected to grow from $8.63 billion in 2021 to $9.42 billion in 2022 at a compound annual growth rate (CAGR) of 9.1%. The change in growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic in 2021. The market is expected to reach $12.20 billion in 2026 at a CAGR of 6.7%.
The carbon footprint management market consists of sales of carbon footprint management solutions and services by entities (organizations, sole traders, and partnerships) that use the software to track the carbon footprint of an organization.A carbon footprint management system is a technological solution for measuring the impact of human activity on the environment expressed as a carbon dioxide equivalent.
This tool allows organizations to identify opportunities for reducing material, water, waste, and energy use, thus reducing the carbon footprint of the company.
The main types of components in carbon footprint management are solutions and services.The services provided by carbon footprint management include consulting, integration and deployment, support and maintenance, and system integration.
The different modes of deployment include on-premise, cloud and are implemented in various verticals such as manufacturing, IT and telecom, residential and commercial buildings, transportation and logistics, energy and utilities, others.
North America was the largest region in the carbon footprint management market in 2021.The Asia Pacific is expected to be the fastest-growing region in the forecast period.
The regions…
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