ReleaseWire Connect

Rigid government regulations on environmental protection, increased awareness about EHS, and rise in investment in this sector resulted in boosting Environment, Health, and Safety (EHS) market.

The rise in popularity of application container technology over the adoption of a cloud-based system in organizations and an increase in the internet of things (IoT) is fueling the market growth.

Market Size – USD 0.91 Billion in 2018, Market Growth - CAGR of 10.2%, Market Trends-Emergence of countless new opportunities for decision on automation with greater control over rule execution

The rising trend towards digitalization, coupled with the extensive adoption of smartphones, and the internet, is propelling the growth of the market.

The growth of the market is governed by various factors such as growing preferences for social media and online marketing globally

It evaluates the data gathered to give an extensive view of the trends of the industry and predicts the possible growth in the forecast years. For this study, the historical data has been collected from the years 2016 and 2017 while considering 2018 as the base year to estimate the growth of the industry in the years 2019 to 2026.

The growth of supply chain management applications integrated with blockchain technology and reduction in operational costs will fuel market growth.

Market Size – USD 0.41 Billion in 2018, Market Growth - CAGR of 20.7%, Market Trends – Increase in demand for ethernet testers in service providers.

Increasing demand for digital food delivery in the new-delivery system, aggregators, and end-to-end service coupled with high investment in R&D of digital food delivery is fueling the market growth.

The increasing requirement for understanding consumer needs and market trends is propelling the growth of the market.