Green Initiatives Key Driver for Carbon Management Software

June 1, 2011 - PRLog -- London, UK -- Research conducted by TechNavio reveals, that the Global Carbon Management Software market is expected to grow at a CAGR of 45 percent. The report, which focuses on Americas, APAC, and EMEA indicates, that the market is currently driven by various green initiatives introduced by the government.

“Governments across different geographies are taking initiatives to reduce GHG emissions by incorporating energy related rules and regulations. The financial impact of non-compliance and demand for energy efficient products are driving companies to include carbon management in their strategic plans,” report TechNavio analysts.

In spite of the demand for this software, the existence of complex corporate sustainability strategies hinders the growth of this market. However, the operational efficiency benefits offered by carbon management software are expected to drive the market.

The Global Carbon Management Software market is marked by the adoption of SaaS based carbon management software. This makes the study an important one for companies to fully understand the potential in the market and formulate their own strategy.

The report, Global Carbon Management Software 2010-2014, is based on an extensive research and inputs from industry experts, vendors, and end users. It examines the factors impacting the evolution of this market, including the key trends, drivers, and challenges. Further, it contains an in-depth understanding of the key vendors including a SWOT analysis for each vendor.

Companies mentioned in this report include: IHS, Enablon, Enviance, and Hara.

For further information, please visit http://www.technavio.com/content/global-carbon-management... or email enquiry@infiniti-research.com.

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