INFORMATION & COMMUNICATION TECHNOLOGY
Global ESG Reporting Software Market - Industry Trends and Forecast to 2032
REPORT OVERVIEW
Global ESG Reporting Software Market, By Offering (Software and Services), Deployment Type (On-Premises and Cloud), Organization Size (SMEs and Large Enterprises), End Use (BFSI, Government, Public Sector, & Non-Profit, Manufacturing, Food & Beverages, Retail & Consumer Goods, Energy & Utilities, Other Verticals), End Use Industry (BFSI, IT & ITeS, Retail & eCommerce, Government, Energy & Utilities, Healthcare & Lifesciences, Others), Region (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2032.
Market Insights
The global ESG reporting software market size is valued to be USD xx million in 2023 and is expected to reach USD xx million by 2032, and it is expected to register a CAGR of xx% over the forecast period 2024-2032.
ESG Reporting Software is a set of specialized tools that assist firms in measuring, managing, and reporting on their environmental, social, and governance (ESG) performance and impact. These software solutions make it easier to collect and analyze ESG data, maintaining regulatory compliance and providing transparency to stakeholders. The ESG Reporting Software Market comprises the industry that develops and provides these products. It includes a variety of segments such as software developers, service providers, and consultants who provide solutions for ESG data management, reporting, and analytics. The market is driven by increasing demands for corporate sustainability and regulatory pressures, and features including automated data collecting, real-time reporting, and connection with other financial and operational systems are common.
The respective global report analyses market trends, consumer behaviour and industry dynamics to guide towards entry into new markets with ease. Also, it assists in tailoring market specific and related products and services to meet the needs, preferences, and expectations of target audience by delving into their psychology. The report also specializes with comprehensive and extensive competitive analysis which offers useful insights into competitor strengths, weaknesses, opportunities, and threats. The respective report offers exclusive insights into the potential impact of disruptive developments and technologies that are expected to completely transform corporate operations. The context includes tailor-made research solutions to create a stronger footprint in their particular industries thereby offering dedicated customized solutions according to the client needs which helps in addressing unique business challenges with more simplified and efficient decision-making solutions.
Market Dynamics
DRIVERS
- Rising demand for transparent ESG practices from stakeholders.
- Growing corporate commitment to sustainability and social responsibility.
RESTRAINTS
- High implementation and maintenance costs.
- Lack of standardized reporting frameworks and metrics.
OPPORTUNITIES
- Expansion into emerging markets with evolving ESG regulations.
- Development of customizable and scalable ESG reporting solutions.
CHALLENGES
- Managing and standardizing diverse ESG data sources.
- Ensuring data accuracy and reliability.
SEGMENTATION
- Offering
- Software
- Environmental ESG Reporting Software
- Social ESG Reporting Software
- Governance ESG Reporting Software
- Services
- Consulting
- Integration & Deployment
- Support & Maintenance
- Deployment Type
- On-Premises
- Cloud
- Organization Size
- SMEs
- Large Enterprises
- End Use
- BFSI
- Government, Public Sector, & Non-Profit
- Manufacturing
- Food & Beverages
- Retail & Consumer Goods
- Energy & Utilities
- Other Verticals
The respective global report is completely customizable specific to regions (North America, Europe, Asia-Pacific, South America, Middle East and Africa), countries, and segments as per the client requirements.
REGIONAL SEGMENTATION
- North America
- U.S.
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- The Netherlands
- Belgium
- Turkey
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Singapore
- Malaysia
- Australia
- Thailand
- Philippines
- Rest of Asia-Pacific
- South America
- Brazil
- Argentina
- Chile
- Colombia
- Rest of South America
- Middle East and Africa
- Kingdom of Saudi Arabia
- South Africa
- U.A.E.
- Egypt
- Rest of Middle East and Africa
KEY MARKET PLAYERS
- Diginex Solutions HK Ltd.
- Diligent Corp.
- DNV Group AS
- Global Software LLC
- Intelex Technologies ULC
- International Business Machines Corp.
- Metrix Software Solutions Pty Ltd.
- Morningstar Inc.
- Nasdaq Inc.
- Newgen Software Technologies Ltd.
Table OF CONTENTS
- SECTION 1 - INTRODUCTION
- 1.1 Taxonomy
- 1.2 Market Overview
- 1.3 Currency and Limitations
- 1.3.1 Currency
- 1.3.2 Limitations
- 1.4 Key Competitors
- SECTION 2 - RESEARCH METHODOLOGY
- 2.1 Research Approach
- 2.2 Data Collection and Validation
- 2.2.1 Secondary Research
- 2.2.2 Primary Research
- 2.3 Market Assessment
- 2.3.1 Market Size Estimation
- 2.3.2 Bottom-up Approach
- 2.3.3 Top-down Approach
- 2.3.4 Growth Forecast
- 2.4 Market Study Assumptions
- 2.5 Data Sources
- SECTION 3 - EXECUTIVE SUMMARY
- 3.1 Global ESG Reporting Software Market, by Offering
- 3.2 Global ESG Reporting Software Market, by Deployment Type
- 3.3 Global ESG Reporting Software Market, by Organization Size
- 3.4 Global ESG Reporting Software Market, by End Use
- 3.5 Global ESG Reporting Software Market, by End Use Industry
- 3.6 Global ESG Reporting Software Market, by Geography
- 3.7 Market Position Grid
- SECTION 4 - PREMIUM INSIGHTS
- 4.1 Regulatory Framework
- 4.1.1 Standards
- 4.1.2 Regulatory Landscape
- 4.2 Value Chain Analysis
- 4.3 Supply Chain Analysis
- 4.4 COVID-19 Impact
- 4.5 Russia-Ukraine War Impact
- 4.6 PORTER's Five Force Analysis
- 4.7 PESTLE Analysis
- 4.8 SWOT Analysis
- 4.9 Go to Market Strategy
- 4.10 Opportunity Orbit
- 4.11 Multivariate Modelling
- 4.12 Pricing Analysis
- SECTION 5 - MARKET DYNAMICS
- 5.1 Trends
- 5.1.1 Increased use of advanced technologies like AI and blockchain for data accuracy.
- 5.1.2 Growing focus on corporate sustainability and transparency.
- 5.1.3 Trend 3
- 5.2 Drivers
- 5.2.1 Rising demand for transparent ESG practices from stakeholders.
- 5.2.2 Growing corporate commitment to sustainability and social responsibility.
- 5.2.3 Driver 3
- 5.2.4 Driver 4
- 5.3 Restraints
- 5.3.1 High implementation and maintenance costs.
- 5.3.2 Lack of standardized reporting frameworks and metrics.
- 5.3.3 Restraint 3
- 5.4 Opportunities
- 5.4.1 Expansion into emerging markets with evolving ESG regulations.
- 5.4.2 Development of customizable and scalable ESG reporting solutions.
- 5.4.3 Opportunity 3
- 5.4.4 Opportunity 4
- 5.5 Challenges
- 5.5.1 Managing and standardizing diverse ESG data sources.
- 5.5.2 Ensuring data accuracy and reliability.
- 5.5.3 Challenge 3
- SECTION 6 - GLOBAL ESG REPORTING SOFTWARE MARKET, BY OFFERING
- 6.1 Offering Summary
- 6.2 Market Attractive Index
- 6.3 Global ESG Reporting Software Market, by Offering (2019-2032)
- SECTION 7 - GLOBAL ESG REPORTING SOFTWARE MARKET, BY DEPLOYMENT TYPE
- 7.1 Deployment Type Summary
- 7.2 Market Attractive Index
- 7.3 Global ESG Reporting Software Market, by Deployment Type (2019-2032)
- SECTION 8 - GLOBAL ESG REPORTING SOFTWARE MARKET, BY ORGANIZATION SIZE
- 8.1 Organization Size Summary
- 8.2 Market Attractive Index
- 8.3 Global ESG Reporting Software Market, by Organization Size (2019-2032)
- SECTION 9 - GLOBAL ESG REPORTING SOFTWARE MARKET, BY END USE
- 9.1 End Use Summary
- 9.2 Market Attractive Index
- 9.3 Global ESG Reporting Software Market, by End Use (2019-2032)
- SECTION 10 - GLOBAL ESG REPORTING SOFTWARE MARKET, BY END USE INDUSTRY
- 10.1 End Use Industry Summary
- 10.2 Market Attractive Index
- 10.3 Global ESG Reporting Software Market, by End Use Industry (2019-2032)
- SECTION 11 - GLOBAL ESG REPORTING SOFTWARE MARKET, BY GEOGRAPHY
- 11.1 Regional Summary
- 11.2 Market Attractive Index
- 11.3 Global ESG Reporting Software Market, by Geography (2019-2032)
- SECTION 12 - NORTH AMERICA ESG REPORTING SOFTWARE MARKET
- 12.1 North America Summary
- 12.2 Market Attractive Index
- 12.3 North America ESG Reporting Software Market, by Offering (2019-2032)
- 12.4 North America ESG Reporting Software Market, by Deployment Type (2019-2032)
- 12.5 North America ESG Reporting Software Market, by Organization Size (2019-2032)
- 12.6 North America ESG Reporting Software Market, by End Use (2019-2032)
- 12.7 North America ESG Reporting Software Market, by End Use Industry (2019-2032)
- 12.8 North America ESG Reporting Software Market, by Country (2019-2032)
- 12.8.1 U.S.
- 12.8.2 Canada
- 12.8.3 Mexico
- 12.8.4 Rest of North America
- SECTION 13 - EUROPE ESG REPORTING SOFTWARE MARKET
- 13.1 Europe Summary
- 13.2 Market Attractive Index
- 13.3 Europe ESG Reporting Software Market, by Offering (2019-2032)
- 13.4 Europe ESG Reporting Software Market, by Deployment Type (2019-2032)
- 13.5 Europe ESG Reporting Software Market, by Organization Size (2019-2032)
- 13.6 Europe ESG Reporting Software Market, by End Use (2019-2032)
- 13.7 Europe ESG Reporting Software Market, by End Use Industry (2019-2032)
- 13.8 Europe ESG Reporting Software Market, by Country (2019-2032)
- 13.8.1 Germany
- 13.8.2 U.K.
- 13.8.3 France
- 13.8.4 Italy
- 13.8.5 Spain
- 13.8.6 Russia
- 13.8.7 The Netherlands
- 13.8.8 Belgium
- 13.8.9 Turkey
- 13.8.10 Rest of Europe
- SECTION 14 - ASIA-PACIFIC ESG REPORTING SOFTWARE MARKET
- 14.1 Asia-Pacific Summary
- 14.2 Market Attractive Index
- 14.3 Asia-Pacific ESG Reporting Software Market, by Offering (2019-2032)
- 14.4 Asia-Pacific ESG Reporting Software Market, by Deployment Type (2019-2032)
- 14.5 Asia-Pacific ESG Reporting Software Market, by Organization Size (2019-2032)
- 14.6 Asia-Pacific ESG Reporting Software Market, by End Use (2019-2032)
- 14.7 Asia-Pacific ESG Reporting Software Market, by End Use Industry (2019-2032)
- 14.8 Asia-Pacific ESG Reporting Software Market, by Country (2019-2032)
- 14.8.1 China
- 14.8.2 India
- 14.8.3 Japan
- 14.8.4 South Korea
- 14.8.5 Singapore
- 14.8.6 Malaysia
- 14.8.7 Australia
- 14.8.8 Thailand
- 14.8.9 Philippines
- 14.8.10 Rest of Asia-Pacific
- SECTION 15 - SOUTH AMERICA ESG REPORTING SOFTWARE MARKET
- 15.1 South America Summary
- 15.2 Market Attractive Index
- 15.3 South America ESG Reporting Software Market, by Offering (2019-2032)
- 15.4 South America ESG Reporting Software Market, by Deployment Type (2019-2032)
- 15.5 South America ESG Reporting Software Market, by Organization Size (2019-2032)
- 15.6 South America ESG Reporting Software Market, by End Use (2019-2032)
- 15.7 South America ESG Reporting Software Market, by End Use Industry (2019-2032)
- 15.8 South America ESG Reporting Software Market, by Country (2019-2032)
- 15.8.1 Brazil
- 15.8.2 Argentina
- 15.8.3 Chile
- 15.8.4 Colombia
- 15.8.5 Rest of South America
- SECTION 16 - MIDDLE EAST AND AFRICA ESG REPORTING SOFTWARE MARKET
- 16.1 Middle East and Africa Summary
- 16.2 Market Attractive Index
- 16.3 Middle East and Africa ESG Reporting Software Market, by Offering (2019-2032)
- 16.4 Middle East and Africa ESG Reporting Software Market, by Deployment Type (2019-2032)
- 16.5 Middle East and Africa ESG Reporting Software Market, by Organization Size (2019-2032)
- 16.6 Middle East and Africa ESG Reporting Software Market, by End Use (2019-2032)
- 16.7 Middle East and Africa ESG Reporting Software Market, by End Use Industry (2019-2032)
- 16.8 Middle East and Africa ESG Reporting Software Market, by Country (2019-2032)
- 16.8.1 Kingdom of Saudi Arabia
- 16.8.2 South Africa
- 16.8.3 U.A.E.
- 16.8.4 Egypt
- 16.8.5 Rest of Middle East and Africa
- SECTION 17 - COMPANY SHARE ANALYSIS
- 17.1 Global ESG Reporting Software Market, Company Share Analysis
- 17.2 North America ESG Reporting Software Market, Company Share Analysis
- 17.3 Europe ESG Reporting Software Market, Company Share Analysis
- 17.4 Asia-Pacific ESG Reporting Software Market, Company Share Analysis
- SECTION 18 - COMPANY PROFILES
- 18.1 Diginex Solutions HK Ltd.
- 18.1.1 Company Snapshot
- 18.1.2 Financial Overview
- 18.1.3 Product Portfolio
- 18.1.4 Recent Developments
- 18.2 Diligent Corp.
- 18.2.1 Company Snapshot
- 18.2.2 Financial Overview
- 18.2.3 Product Portfolio
- 18.2.4 Recent Developments
- 18.3 DNV Group AS
- 18.3.1 Company Snapshot
- 18.3.2 Financial Overview
- 18.3.3 Product Portfolio
- 18.3.4 Recent Developments
- 18.4 Global Software LLC
- 18.4.1 Company Snapshot
- 18.4.2 Financial Overview
- 18.4.3 Product Portfolio
- 18.4.4 Recent Developments
- 18.5 Intelex Technologies ULC
- 18.5.1 Company Snapshot
- 18.5.2 Financial Overview
- 18.5.3 Product Portfolio
- 18.5.4 Recent Developments
- 18.6 International Business Machines Corp.
- 18.6.1 Company Snapshot
- 18.6.2 Financial Overview
- 18.6.3 Product Portfolio
- 18.6.4 Recent Developments
- 18.7 Metrix Software Solutions Pty Ltd.
- 18.7.1 Company Snapshot
- 18.7.2 Financial Overview
- 18.7.3 Product Portfolio
- 18.7.4 Recent Developments
- 18.8 Morningstar Inc.
- 18.8.1 Company Snapshot
- 18.8.2 Financial Overview
- 18.8.3 Product Portfolio
- 18.8.4 Recent Developments
- 18.9 Nasdaq Inc.
- 18.9.1 Company Snapshot
- 18.9.2 Financial Overview
- 18.9.3 Product Portfolio
- 18.9.4 Recent Developments
- 18.10 Newgen Software Technologies Ltd.
- 18.10.1 Company Snapshot
- 18.10.2 Financial Overview
- 18.10.3 Product Portfolio
- 18.10.4 Recent Developments
- SECTION 19 - RELATED REPORTS
- SECTION 20 - DISCLAIMER
RESEARCH METHODOLOGY
The research methodology employed in Uniprism Market Research involves four basic steps namely research and data collection, data pre-processing, modeling and forecasting, quality assurance and output.
RESEARCH AND DATA COLLECTION
A tripod model research technique is followed for research and data collection in which various approaches such as primary research, secondary research, and product mapping are considered.
Primary research basically involves the process of conducting personalized interviews with market related professionals of major market players, investors, distributors, vendors and many more.
The secondary research include data published by government, annual reports, press releases, investor presentations of companies, white papers, certified publications, annual manufacturing limit of the respective industries related to the market, production consumption analysis of certain products respective to the market and many more.
Below mention are few of the sources which we have considered while estimating the market size:
For instance,
- Research articles published on Technium
- Science and MDPI
- Research publications by government approved associations and societies
Product mapping means the process of mapping the list of products that a key player contributes to the market as well as estimating the revenue of those products in order to define the Global Company share analysis of the respective Global Company in global, regional, and country level markets.
DATA PRE-PROCESSING
The term "data pre-processing" refers to the collection of procedures and methods used to clean, modify, and make ready for analysis the raw data gathered during research and data collection. The completion of this phase is necessary to guarantee that the data are reliable, consistent, and appropriate for statistical analysis and other data-driven tasks. The data pre-processing ensures that the information gathered from research and data collection is comparable and expressed in standard units, by the integration of missing data pointers and algorithmic approaches.
MODELING AND FORECASTING
The process of developing mathematical, statistical, or computational representations of real-world occurrences or relationships is known as modelling. These models are intended to replicate and explain market interactions, interdependence, and dynamics. These models are used by Uniprism Market Research to acquire a better knowledge of numerous market characteristics such as customer preferences, pricing elasticity, competition dynamics, and more. Depending on the individual study aims, many types of models are utilized, such as regression models, econometric models, decision tree models, and machine learning models.
Forecasting is the process of predicting future market conditions, trends, and occurrences using past data and models. Forecasting is used by Uniprism Market Research to estimate future sales, demand for products or services, market growth, and other important performance metrics. Forecasting accurately can assist organizations in making educated decisions about resource allocation, pricing, inventory management, and marketing tactics.
We create standardized bottom-up or top-down models that scale by leveraging data science and machine learning technology. All our market models consider the unique market characteristics of each country. Forecasting is based on major market indicators and a combination of traditional methodologies, such as exponential smoothing, time series analysis, regression analysis, and more modern techniques such as machine learning algorithms are all forecasting methodologies. The method chosen is determined on the nature of the data and the specific forecasting aims.
QUALITY ASSURANCE AND OUTPUT
Quality assurance and output involves the process of validation, adjustments, further publications of key market indicators. Extensive plausibility and consistency tests are performed on derived time series to ensure the high degree of quality of our market analysis. This quality assurance procedure also includes rigorous inspection, validation, and editing by an experienced management team to assure the dependability of the published data.