Dallas, TX -- (ReleaseWire) -- 02/07/2014 -- 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.
Analysts forecast the Global Carbon Accounting Software market to grow at a CAGR of 34.51 percent over the period 2013-2018. 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.
The Global Carbon Accounting Software market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Carbon Accounting Software market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
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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 report 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.
Other vendors mentioned in the report are CarbonSystems Pty. Ltd., Carbonetworks, credit 360, Epicor Software Corp., First Carbon Solutions Inc., Gensuite LLC, Intelex Technologies Inc., Locus Technologies, MetricStream Inc., PE International, Perillion Software inc., ProcessMAP Corp., Tririga Inc., and Verteego.
Key questions answered in this report:
- What will the market size be in 2018 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?