Emissions Management Software Market Share

Geographically, the emissions management software market is segmented into North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa region. The market in North America industry is estimated to account for largest revenue share by 2036, due to increasing adoption of cloud-based emissions management by various industries. Moreover, the increasing adoption of technology and rising demand for clean and renewable energy are projected to boost the market growth.

The emissions management software market in the APAC is anticipated to exhibit significant revenue share by growing at the highest CAGR over the forecast period owing to rapid digitalization and technological rise. According to the India Brand Equity Foundation (IBEF), installed renewable power generation capacity has gained pace over the past few years, having a CAGR of 17.33% between FY16-20. The Indian software product industry is expected to achieve US$ 100 billion by 2025. With the government's increased support and improved economics, the sector has become enticing from an investor's perspective. Increasing demand for emissions management in various industries to enhance emission control, is also estimated to boost the emissions management software market growth.