TechNavio recognizes the following companies as the key players in the Global Folding Carton Market: Enablon, Enviance Inc. IHS Inc., Hara Software Inc., and SAP AG.
Commenting on the report, an analyst from TechNavio’s team said: “The Global Carbon Accounting Software market is highly fragmented; it is in its nascent stage with the presence of many core service providers, niche service providers, and also big IT players. The small-sized service providers in the Global Carbon Accounting Software market are backed by venture capitals. As the market is in a very nascent stage and is attractive, more and more numbers of service providers are expected to enter the market. Instead of offering a stand-alone product, the big IT players are expanding their business in this domain by taking the path of inorganic growth. For instance, SAP AG, a multinational software corporation, has acquired Clear Standards to enter into the Green IT market.”
According to the report, the increasing awareness of sustainability development among the customers and investors is one of the major driving factors in this market. The increased awareness forced enterprises to publically disclose their carbon emissions.
Further, the report states that one of the major challenges in the market is the capture of energy usage data. The carbon emissions are bifurcated into direct and indirect emissions. The direct emissions can easily be tracked as they consist of all direct GHG emissions whereas indirect emissions are from the purchase of electricity and transportation which is very difficult to track and monitor.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-carbon-accounting-software-market…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/healthcare-chemicals-food-retail
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