市場調查報告書
商品編碼
1527018
2024-2031 年全球 ESG 報告軟體市場Global ESG Reporting Software Market 2024-2031 |
ESG 報告軟體市場規模、佔有率和趨勢分析報告,按產品(軟體和服務)、部署(本地和基於雲端)以及垂直行業(BFSI、政府、公共部門和非營利組織、製造業、食品和飲料、零售和消費品、能源和公用事業等)預測期(2024-2031)
預計 ESG 報告軟體市場在預測期(2024-2031 年)複合年成長率將達到 10.7%。市場成長歸因於物聯網感測器和即時資料來源的日益整合,這使企業能夠持續監控其 ESG 績效。此外,企業正在使用 ESG 報告工具來表明其對環境管理的承諾,以應對私營部門不斷成長的永續投資,推動全球 ESG 報告軟體市場的成長。據大西洋理事會稱,2023 年 6 月,私營部門永續投資的興起推動了永續發展和 ESG 優先事項。此外,永續投資(主要是再生能源)是 2021 年成長最快的外國直接投資 (FDI) 主題,其中 70.0% 投資於發展中國家。截至 2021 年,金融市場也經歷了向永續投資的巨大轉變,ESG 基金發行量在 2021 年成長了 53.0%,達到 2.7 兆美元。
ESG Reporting Software Market Size, Share & Trends Analysis Report by Offering (Software, and Services), by Deployment (On-Premises, and Cloud-Based), and by Vertical Industry (BFSI, Government, Public Sector, & Non-Profit, Manufacturing, Food & Beverages, Retail & Consumer Goods, Energy & Utilities, and Other) Forecast Period (2024-2031)
ESG reporting software market is anticipated to grow at a significant CAGR of 10.7% during the forecast period (2024-2031). The market growth is attributed to the increasing integration of loT sensors and real-time data feeds, which allow enterprises to monitor their ESG performance continuously. Additionally, companies are using ESG reporting tools to show their commitment to environmental stewardship in response to the growing sustainable investing in the private sector driving the growth of the global ESG reporting software market. According to the Atlantic Council, in June 2023, the rise of sustainable investing in the private sector boosted sustainable development and ESG priorities. Moreover, sustainable investing, mostly in renewable energy, was the fastest-growing Foreign Direct Investment (FDI) theme in 2021 with 70.0% directed to developing countries. Up until 2021, financial markets have also experienced large shifts toward sustainable investing, with ESG fund issuance increasing by 53.0% to $2.7 trillion in 2021.
Market Dynamics
Increasing Expansion of ESG Data Quality and Analytics
The development of ESG data analytics and quality - new areas of measurement and openness. Companies will undoubtedly need a procedure to generate high-quality, tenable ESG data that is more in line with financial reporting standards as a result of increased legislation and investor pressure. A company's ESG performance is only as good as the quality of its data for investors. Poor data quality can lead to erroneous reporting, a lack of openness, and even criticism from stakeholders if actions are thought to be untrustworthy. Investors can guarantee the accuracy and non-misleading nature of the ESG information by insisting on data transparency. Therefore, major end-user industries are highly adopting such solutions to show transparency in their business. To meet the growing demand for ESG software & solutions, in March 2022, ESG Data Services Inc. announced the release of ESG Analytics, a next-generation AI-powered ESG data, analytics, and research platform. ESG Analytics is a web-based solution and API that uses broad-based alternative data sources and AI to uncover risks and opportunities in the ESG practices of countries, companies, and exchange-traded funds (ETFs).
Market Segmentation
Software is projected to Hold the Largest Segment
The software segment is expected to hold the largest share of the market. The primary factors supporting the growth include businesses' high use of ESG software to gather, examine, and present information on various environmental parameters, including waste production, energy and water use, carbon emissions, and air and water quality. In July 2022, Accenture invested $10.0 million in pulsESG to advance ESG and sustainability measurement, decision-making, and reporting for companies. The pulsESG software provides organizations with a flexible and integrated software as a service (SaaS) platform with internal data sources and external investor-facing systems to define, measure, report on organizational ESG performance, and address issues around ESG data quality and timelines.
Government, Public Sector, & Non-Profit Segment to Hold a Considerable Market Share
The government, public sector, & non-profit segment is expected to hold a considerable share of the market. The increasing adoption of ESG reporting software by government, public sector, & non-profit organizations to create long-term sustainable practices that ensure the continuity of their work is a major contributor to the high share of this market segment. Treating a government's ESG exposures the same as a nation's total emissions has been a common strategy owing to the emphasis on global emissions reporting. Governments have the power to greatly affect outcomes through their regulatory and legislative roles, as well as assist with the management and transition costs of ESG risks.
The global ESG reporting software market is segmented based on geography including North America (the US, and Canada), Europe (the UK, Italy, Spain, Germany, France, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and Rest of Asia-Pacific), and the Rest of the World (the Middle East & Africa, and Latin America).
Growing Demand for ESG Reporting Software in Europe
North America Holds Major Market Share
North America holds a significant share owing to the presence of numerous prominent ESG Reporting Software companies and providers such as IBM Corp., Microsoft Corp., and Salesforce, Inc., in the region. The market growth is attributed to the increasing demand for ESG reporting software in the region owing to the increased emphasis on sustainable business practices and corporate social responsibility. ESG reporting software plays a critical role in supporting businesses in North America as they monitor, oversee, and document their sustainability performance and objectives. In July 2023, IBM Corp. announced that Digital Realty is using the IBM Envizi ESG Suite to collect, analyze, and report on its Environmental, Social, and Governance (ESG) performance across its portfolio of 300+ data centers across 50+ metros across 27 countries on six continents. Such developments across the region are further driving the regional market growth.
The major companies serving the ESG reporting software market include IBM Corp., Microsoft Corp., Salesforce, Inc., SAP SE, and UL Solutions Inc., among others. The market players are increasingly focusing on business expansion and product development by applying strategies such as collaborations, mergers and acquisitions to stay competitive in the market.
Recent Developments