Carbon and Energy Software Market by End User (Marine and Aerospace) and Type (Low-light Intensity, Medium-light Intensity, and High-light Intensity)
The carbon and energy software includes the software applications, which provide services such as real-time metering, building simulation & modelling, carbon sustainability reporting, utility bill tracking, and energy audits.
Rise in operational costs and increase in need to reduce energy consumption have fueled the demand for carbon and energy software. In addition, increased concerns towards climate change have made various governments to work towards reducing carbon emissions, which supplements the market growth.
Moreover, increase in traction of sustainability management across various industries such as retail, manufacturing, and telecommunication boosts the growth of market.
However, increase in system integration and interoperability issues restrains the market growth. Emergence of analytics in carbon and energy management software is expected to provide lucrative opportunities for the market.
The carbon and energy software market is segmented on the basis of deployment, end user, and region. Based on deployment, the market is bifurcated into on-premise and cloud-based.
The end user segment includes power & utilities, industrial, enterprise, and oil & gas. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA
Key players operating in this market are CA Technologies, IBM, Schneider Electric, SAP SE, Verisae, Inc., Enviance, Enablon, Carbon Clear Limited, Ecova, Inc., and ACCUVIO.
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