Environmental Intelligence Platform Market Analysis

Deployment (Cloud-based, On-Premises)

The cloud-based segment is estimated to hold around 57% share of the global environmental intelligence platform market in the projected period. Owing to the beneficial characteristics of cloud-based such as less expensive, high productivity, and minimal time consumption is also an important factor that boost the growth of this segment. According to recent surveys, approximately 94% of enterprises use at least one cloud service. This figure underscores businesse in cloud-based solutions to improve efficiency. Moreover, public cloud services are also available for organizations, where high infrastructure expenditure is not required.

End-User (Automotive, Food & Beverages, Manufacturing, Aerospace, Energy & Utilities, Healthcare, Government)

Environmental intelligence platform market from the automotive segment is expected to garner the highest revenue over the forecast period with market share of 22%. The growth is expected to increase owing to the energy consumption in the automotive industry. Furthermore, large-scale carbon emissions are generated by commercial vehicle as well as passenger vehicle, which is predicted to drive the growth of the segment in the market. It is believed that a passenger automobile releases roughly 4.6 metric tons of CO2 annually.

Our in-depth analysis of the global market includes the following segments: