ARC Advisory Group’s new market size and forecast report for Environmental, Social, and Corporate Governance (ESG) reporting software shows significant long-term growth amid increased focus on sustainability as a business performance measure. Market drivers for better ESG performance include a growing segment of end users who seek to do business exclusively with green and sustainability-focused suppliers and business partners. In an increasing number of instances, these end users are willing to pay a premium for products and services from companies with better ESG
performance than their competitors.
"ESG will continue to grow in influence and importance across all major economic regions and industries. While uptake of ESG solutions has been expanding a great deal among Tier 1 companies, it has also begun its expanse into mid-sized and smaller organizations. In many cases, forward-thinking decision- makers in these organizations are driving the expanse. In other cases, more widespread ESG uptake is driven by the pressures being experienced by these companies with respect to the need to help their Tier 1 company customers meet their sustainability goals," according to Peter Manos, Director of Research and key author of ARC's ESG Software Market Research Report.
ESG Software Market Trends
In addition to providing detailed competitive market share data, the report also addresses key market trends as follows:
- Branding Drivers
- Increasing Transparency
- External Growth Forces
- Internal Growth Forces
- Direct and Indirect Forces
About the ESG Software Research
The ESG Software is an emerging market analysis which explores current and future market performance and related technology and business trends. The report includes a comprehensive list of suppliers active in the market along with a select number of supplier profiles. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modelling techniques. The research includes five-year market forecasts with segmentation including Revenue Category, Sales Channel, World Region, Industry, Customer Tier, Service Revenues by Type, Software Revenues by Type.
This new research is available in a variety of formats to meet the specific research and budgetary requirements of a wide variety of organizations. These include:
- Market Intelligence Workbook (Excel Power Pivot): A standard Workbook includes the base year market data and a five-year market forecast. This workbook enables licensed users to freely manipulate the data to make it easier to analyze the latest data for business intelligence and generate custom reports.
- Concise Emerging Market Analysis Report (PDF): Provides an executive-level summary of the current market dynamics and market forecasts, plus an overview of strategic issues.
For more information on this and other available ARC market research, please visit our Market Data & Studies section.