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Report
North America Energy Management & Sustainability Software Market Forecast 2025-2032
Market Report I 2024-11-27 I 144 Pages I Inkwood Research
KEY FINDINGS
The North America energy management & sustainability software market is projected to grow with a CAGR of 9.96% over the forecast period of 2025-2032. The market was valued at $529.67 million in 2024 and is expected to reach a revenue of $1138.27 million by 2032.
MARKET INSIGHTS
The North America energy management and sustainability software market is expanding due to strong regulatory frameworks and corporate commitments to sustainability. With rising energy costs and a focus on reducing carbon emissions, businesses are adopting these solutions to enhance operational efficiency and meet environmental standards. Advanced technologies like AI and IoT further support growth by offering predictive insights for energy optimization.
REGIONAL ANALYSIS
The North America energy management & sustainability software market growth analysis includes a detailed evaluation of the United States and Canada.
Governments are implementing stringent regulations aimed at reducing greenhouse gas emissions and promoting energy efficiency. For instance, the United States Department of Energy (DOE) has established mandates that encourage the adoption of energy-efficient practices across different sectors, driving demand for energy management solutions. Incentives for renewable energy integration and energy efficiency programs further propel organizations to adopt management and reporting solutions to comply with regulatory standards.
Commercial real estate developers and building operators use building automation systems to optimize energy usage in offices, malls, and residential complexes. Johnson Controls offers automated energy solutions that allow buildings to adjust heating, cooling, and lighting based on occupancy, significantly reducing energy consumption. The use of cloud-based energy management solutions software by real estate management companies like Global Commercial Real Estate Services (CBRE has improved the energy efficiency of large commercial properties.
Moreover, the manufacturing sector in North America is increasingly adopting energy management tools to reduce costs and improve energy efficiency. Companies like 3M and Ford Motor Company utilize energy optimization and facility management software to monitor energy usage across facilities, reducing waste and improving sustainability metrics. Ford, for example, has implemented energy management software to optimize energy consumption in its assembly plants, resulting in millions in annual energy savings.
The demand for energy management and sustainability solutions in North America is expected to escalate, fueled by technological advancements, regulatory pressures, and an increasing commitment to corporate social responsibility. As businesses and governments continue to emphasize sustainability, innovative financing mechanisms, enhanced data collection methods, and greater collaboration between stakeholders will be essential to overcoming existing challenges and promoting a sustainable energy future.
SEGMENTATION ANALYSIS
The North America energy management & sustainability software market segmentation includes software, module, enterprise size, and end use. The software segment is further classified into on-premise and cloud-based.
Cloud-based energy management and sustainability software solutions are widely adopted in North America due to their flexibility, scalability, and cost-effectiveness. They allow real-time energy data access, facilitating remote monitoring and analysis, which is crucial for large, dispersed organizations. Additionally, the shift toward remote work and the need for sustainable practices make cloud-based solutions attractive, as they reduce on-site infrastructure costs and simplify upgrades.
COMPETITIVE INSIGHTS
Some of the major companies operating in the North America energy management & sustainability software market are ABB Ltd, Eaton Corporation, General Electric (GE) Digital, Honeywell International Inc, etc.
Honeywell International Inc, headquartered in the United States, is a key player in North America, providing solutions such as Honeywell Forge, an enterprise performance management software designed for energy optimization in buildings and industrial facilities. Honeywell Forge leverages IoT data to enable predictive maintenance, reduce energy waste, and monitor carbon emissions, aligning with sustainability goals and improving operational efficiency.
TABLE OF CONTENTS
1. RESEARCH SCOPE & METHODOLOGY
1.1. STUDY OBJECTIVES
1.2. METHODOLOGY
1.3. ASSUMPTIONS & LIMITATIONS
2. EXECUTIVE SUMMARY
2.1. MARKET SIZE & ESTIMATES
2.2. MARKET OVERVIEW
2.3. SCOPE OF STUDY
2.4. CRISIS SCENARIO ANALYSIS
2.4.1. IMPACT OF COVID-19 ON THE NORTH AMERICA ENERGY MANAGEMENT & SUSTAINABILITY SOFTWARE MARKET
2.5. MAJOR MARKET FINDINGS
2.5.1. CLOUD-BASED SOFTWARE IS PROJECTED TO EXPERIENCE THE FASTEST GROWTH
2.5.2. ENERGY OPTIMIZATION MODULE IS EXPECTED TO DOMINATE MARKET SHARE
2.5.3. SMALL AND MEDIUM ENTERPRISES (SMES) ARE ESTIMATED TO GROW AT AN ACCELERATED RATE
2.5.4. UTILITIES AND ENERGY SECTOR EMERGES AS THE LEADING END USE SEGMENT
3. MARKET DYNAMICS
3.1. KEY DRIVERS
3.1.1. GROWING DEMAND FOR ENERGY EFFICIENCY AND COST REDUCTION
3.1.2. STRINGENT ENVIRONMENTAL REGULATIONS AND GOVERNMENT INITIATIVES
3.1.3. RISING CORPORATE SUSTAINABILITY GOALS AND REPORTING REQUIREMENTS
3.2. KEY RESTRAINTS
3.2.1. HIGH INITIAL INVESTMENT AND IMPLEMENTATION COMPLEXITY
3.2.2. DATA PRIVACY AND CYBERSECURITY CONCERNS
4. KEY ANALYTICS
4.1. KEY MARKET TRENDS
4.1.1. INTEGRATION OF AI AND IOT FOR ENHANCED ENERGY INSIGHTS
4.1.2. INCREASED FOCUS ON ESG REPORTING AND COMPLIANCE
4.1.3. SHIFT FROM ON-PREMISE TO CLOUD-BASED ENERGY MANAGEMENT PLATFORMS FOR BETTER SCALABILITY AND ACCESSIBILITY
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1. BUYERS POWER
4.2.2. SUPPLIERS POWER
4.2.3. SUBSTITUTION
4.2.4. NEW ENTRANTS
4.2.5. INDUSTRY RIVALRY
4.3. GROWTH PROSPECT MAPPING
4.3.1. GROWTH PROSPECT MAPPING FOR UNITED STATES
4.4. MARKET MATURITY ANALYSIS
4.5. MARKET CONCENTRATION ANALYSIS
4.6. VALUE CHAIN ANALYSIS
4.6.1. RESEARCH & DEVELOPMENT (R&D)
4.6.2. SOFTWARE DEVELOPMENT & PRODUCTION
4.6.3. DISTRIBUTION & MARKETING
4.6.4. IMPLEMENTATION & SUPPORT SERVICES
4.6.5. END-USER ADOPTION
4.6.6. FEEDBACK & CONTINUOUS IMPROVEMENT
4.7. KEY BUYING CRITERIA
4.7.1. EASE OF INTEGRATION WITH EXISTING SYSTEMS
4.7.2. DATA ANALYTICS AND REPORTING CAPABILITIES
4.7.3. SCALABILITY AND FLEXIBILITY
4.7.4. USER-FRIENDLY INTERFACE AND ACCESSIBILITY
4.7.5. COST-EFFECTIVENESS AND RETURN ON INVESTMENT (ROI)
4.7.6. CYBERSECURITY AND DATA PRIVACY COMPLIANCE
4.8. NORTH AMERICA ENERGY MANAGEMENT & SUSTAINABILITY SOFTWARE MARKET REGULATORY FRAMEWORK
5. MARKET BY SOFTWARE
5.1. ON-PREMISE
5.1.1. MARKET FORECAST FIGURE
5.1.2. SEGMENT ANALYSIS
5.2. CLOUD-BASED
5.2.1. MARKET FORECAST FIGURE
5.2.2. SEGMENT ANALYSIS
6. MARKET BY MODULE
6.1. ENERGY OPTIMIZATION
6.1.1. MARKET FORECAST FIGURE
6.1.2. SEGMENT ANALYSIS
6.2. UTILITY DATA MANAGEMENT
6.2.1. MARKET FORECAST FIGURE
6.2.2. SEGMENT ANALYSIS
6.3. FACILITY & ASSET MANAGEMENT
6.3.1. MARKET FORECAST FIGURE
6.3.2. SEGMENT ANALYSIS
6.4. CARBON REPORTING & MANAGEMENT
6.4.1. MARKET FORECAST FIGURE
6.4.2. SEGMENT ANALYSIS
6.5. COMPLIANCE MANAGEMENT
6.5.1. MARKET FORECAST FIGURE
6.5.2. SEGMENT ANALYSIS
6.6. SUSTAINABILITY REPORTING & MANAGEMENT
6.6.1. MARKET FORECAST FIGURE
6.6.2. SEGMENT ANALYSIS
7. MARKET BY ENTERPRISE SIZE
7.1. LARGE ENTERPRISES
7.1.1. MARKET FORECAST FIGURE
7.1.2. SEGMENT ANALYSIS
7.2. SMALL & MEDIUM ENTERPRISES
7.2.1. MARKET FORECAST FIGURE
7.2.2. SEGMENT ANALYSIS
8. MARKET BY END USE
8.1. UTILITIES & ENERGY
8.1.1. MARKET FORECAST FIGURE
8.1.2. SEGMENT ANALYSIS
8.2. MANUFACTURING
8.2.1. MARKET FORECAST FIGURE
8.2.2. SEGMENT ANALYSIS
8.3. BUILDING AUTOMATION
8.3.1. MARKET FORECAST FIGURE
8.3.2. SEGMENT ANALYSIS
8.4. OIL & GAS
8.4.1. MARKET FORECAST FIGURE
8.4.2. SEGMENT ANALYSIS
8.5. AUTOMOTIVE
8.5.1. MARKET FORECAST FIGURE
8.5.2. SEGMENT ANALYSIS
8.6. PHARMACEUTICAL
8.6.1. MARKET FORECAST FIGURE
8.6.2. SEGMENT ANALYSIS
8.7. OTHER END USES
8.7.1. MARKET FORECAST FIGURE
8.7.2. SEGMENT ANALYSIS
9. GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1. MARKET SIZE & ESTIMATES
9.1.2. NORTH AMERICA ENERGY MANAGEMENT & SUSTAINABILITY SOFTWARE MARKET DRIVERS
9.1.3. NORTH AMERICA ENERGY MANAGEMENT & SUSTAINABILITY SOFTWARE MARKET CHALLENGES
9.1.4. KEY PLAYERS IN NORTH AMERICA ENERGY MANAGEMENT & SUSTAINABILITY SOFTWARE MARKET
9.1.5. COUNTRY ANALYSIS
9.1.5.1. UNITED STATES
9.1.5.1.1. UNITED STATES ENERGY MANAGEMENT & SUSTAINABILITY SOFTWARE MARKET SIZE & OPPORTUNITIES
9.1.5.2. CANADA
9.1.5.2.1. CANADA ENERGY MANAGEMENT & SUSTAINABILITY SOFTWARE MARKET SIZE & OPPORTUNITIES
10. COMPETITIVE LANDSCAPE
10.1. KEY STRATEGIC DEVELOPMENTS
10.1.1. MERGERS & ACQUISITIONS
10.1.2. PRODUCT LAUNCHES & DEVELOPMENTS
10.1.3. PARTNERSHIPS & AGREEMENTS
10.1.4. BUSINESS EXPANSIONS & DIVESTITURES
10.2. COMPANY PROFILES
10.2.1. ABB LTD
10.2.1.1. COMPANY OVERVIEW
10.2.1.2. PRODUCT LIST
10.2.1.3. STRENGTHS & CHALLENGES
10.2.2. DAIKIN INDUSTRIES LTD
10.2.2.1. COMPANY OVERVIEW
10.2.2.2. PRODUCT LIST
10.2.2.3. STRENGTHS & CHALLENGES
10.2.3. DEXMA ENERGY MANAGEMENT
10.2.3.1. COMPANY OVERVIEW
10.2.3.2. PRODUCT LIST
10.2.3.3. STRENGTHS & CHALLENGES
10.2.4. EATON CORPORATION
10.2.4.1. COMPANY OVERVIEW
10.2.4.2. PRODUCT LIST
10.2.4.3. STRENGTHS & CHALLENGES
10.2.5. ENERNOC (AN ENEL X COMPANY)
10.2.5.1. COMPANY OVERVIEW
10.2.5.2. PRODUCT LIST
10.2.5.3. STRENGTHS & CHALLENGES
10.2.6. ENGIE IMPACT
10.2.6.1. COMPANY OVERVIEW
10.2.6.2. PRODUCT LIST
10.2.6.3. STRENGTHS & CHALLENGES
10.2.7. GENERAL ELECTRIC (GE) DIGITAL
10.2.7.1. COMPANY OVERVIEW
10.2.7.2. PRODUCT LIST
10.2.7.3. STRENGTHS & CHALLENGES
10.2.8. HONEYWELL INTERNATIONAL INC
10.2.8.1. COMPANY OVERVIEW
10.2.8.2. PRODUCT LIST
10.2.8.3. STRENGTHS & CHALLENGES
10.2.9. IBM CORPORATION
10.2.9.1. COMPANY OVERVIEW
10.2.9.2. PRODUCT LIST
10.2.9.3. STRENGTHS & CHALLENGES
10.2.10. JOHNSON CONTROLS
10.2.10.1. COMPANY OVERVIEW
10.2.10.2. PRODUCT LIST
10.2.10.3. STRENGTHS & CHALLENGES
10.2.11. SCHNEIDER ELECTRIC
10.2.11.1. COMPANY OVERVIEW
10.2.11.2. PRODUCT LIST
10.2.11.3. STRENGTHS & CHALLENGES
10.2.12. SIEMENS AG
10.2.12.1. COMPANY OVERVIEW
10.2.12.2. PRODUCT LIST
10.2.12.3. STRENGTHS & CHALLENGES
10.2.13. UPTAKE TECHNOLOGIES
10.2.13.1. COMPANY OVERVIEW
10.2.13.2. PRODUCT LIST
10.2.13.3. STRENGTHS & CHALLENGES
LIST OF TABLES
TABLE 1: MARKET SNAPSHOT - ENERGY MANAGEMENT & SUSTAINABILITY SOFTWARE
TABLE 2: NORTH AMERICA ENERGY MANAGEMENT & SUSTAINABILITY SOFTWARE MARKET REGULATORY FRAMEWORK
TABLE 3: NORTH AMERICA ENERGY MANAGEMENT & SUSTAINABILITY SOFTWARE MARKET, BY SOFTWARE, HISTORICAL YEARS, 2018-2023 (IN $ MILLION)
TABLE 4: NORTH AMERICA ENERGY MANAGEMENT & SUSTAINABILITY SOFTWARE MARKET, BY SOFTWARE, FORECAST YEARS, 2025-2032 (IN $ MILLION)
TABLE 5: NORTH AMERICA ENERGY MANAGEMENT & SUSTAINABILITY SOFTWARE MARKET, BY MODULE, HISTORICAL YEARS, 2018-2023 (IN $ MILLION)
TABLE 6: NORTH AMERICA ENERGY MANAGEMENT & SUSTAINABILITY SOFTWARE MARKET, BY MODULE, FORECAST YEARS, 2025-2032 (IN $ MILLION)
TABLE 7: NORTH AMERICA ENERGY MANAGEMENT & SUSTAINABILITY SOFTWARE MARKET, BY ENTERPRISE SIZE, HISTORICAL YEARS, 2018-2023 (IN $ MILLION)
TABLE 8: NORTH AMERICA ENERGY MANAGEMENT & SUSTAINABILITY SOFTWARE MARKET, BY ENTERPRISE SIZE, FORECAST YEARS, 2025-2032 (IN $ MILLION)
TABLE 9: NORTH AMERICA ENERGY MANAGEMENT & SUSTAINABILITY SOFTWARE MARKET, BY END USE, HISTORICAL YEARS, 2018-2023 (IN $ MILLION)
TABLE 10: NORTH AMERICA ENERGY MANAGEMENT & SUSTAINABILITY SOFTWARE MARKET, BY END USE, FORECAST YEARS, 2025-2032 (IN $ MILLION)
TABLE 11: NORTH AMERICA ENERGY MANAGEMENT & SUSTAINABILITY SOFTWARE MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2023 (IN $ MILLION)
TABLE 12: NORTH AMERICA ENERGY MANAGEMENT & SUSTAINABILITY SOFTWARE MARKET, BY COUNTRY, FORECAST YEARS, 2025-2032 (IN $ MILLION)
TABLE 13: KEY PLAYERS OPERATING IN NORTH AMERICA ENERGY MANAGEMENT & SUSTAINABILITY SOFTWARE MARKET
TABLE 14: LIST OF MERGERS & ACQUISITIONS
TABLE 15: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS
TABLE 16: LIST OF PARTNERSHIPS & AGREEMENTS
TABLE 17: LIST OF BUSINESS EXPANSIONS & DIVESTITURES
LIST OF FIGURES
FIGURE 1: KEY MARKET TRENDS
FIGURE 2: PORTER'S FIVE FORCES ANALYSIS
FIGURE 3: GROWTH PROSPECT MAPPING FOR UNITED STATES
FIGURE 4: MARKET MATURITY ANALYSIS
FIGURE 5: MARKET CONCENTRATION ANALYSIS
FIGURE 6: VALUE CHAIN ANALYSIS
FIGURE 7: KEY BUYING CRITERIA
FIGURE 8: NORTH AMERICA ENERGY MANAGEMENT & SUSTAINABILITY SOFTWARE MARKET, GROWTH POTENTIAL, BY SOFTWARE, IN 2024
FIGURE 9: NORTH AMERICA ENERGY MANAGEMENT & SUSTAINABILITY SOFTWARE MARKET, BY ON-PREMISE, 2025-2032 (IN $ MILLION)
FIGURE 10: NORTH AMERICA ENERGY MANAGEMENT & SUSTAINABILITY SOFTWARE MARKET, BY CLOUD-BASED, 2025-2032 (IN $ MILLION)
FIGURE 11: NORTH AMERICA ENERGY MANAGEMENT & SUSTAINABILITY SOFTWARE MARKET, GROWTH POTENTIAL, BY MODULE, IN 2024
FIGURE 12: NORTH AMERICA ENERGY MANAGEMENT & SUSTAINABILITY SOFTWARE MARKET, BY ENERGY OPTIMIZATION, 2025-2032 (IN $ MILLION)
FIGURE 13: NORTH AMERICA ENERGY MANAGEMENT & SUSTAINABILITY SOFTWARE MARKET, BY UTILITY DATA MANAGEMENT, 2025-2032 (IN $ MILLION)
FIGURE 14: NORTH AMERICA ENERGY MANAGEMENT & SUSTAINABILITY SOFTWARE MARKET, BY FACILITY & ASSET MANAGEMENT, 2025-2032 (IN $ MILLION)
FIGURE 15: NORTH AMERICA ENERGY MANAGEMENT & SUSTAINABILITY SOFTWARE MARKET, BY CARBON REPORTING & MANAGEMENT, 2025-2032 (IN $ MILLION)
FIGURE 16: NORTH AMERICA ENERGY MANAGEMENT & SUSTAINABILITY SOFTWARE MARKET, BY COMPLIANCE MANAGEMENT, 2025-2032 (IN $ MILLION)
FIGURE 17: NORTH AMERICA ENERGY MANAGEMENT & SUSTAINABILITY SOFTWARE MARKET, BY SUSTAINABILITY REPORTING & MANAGEMENT, 2025-2032 (IN $ MILLION)
FIGURE 18: NORTH AMERICA ENERGY MANAGEMENT & SUSTAINABILITY SOFTWARE MARKET, GROWTH POTENTIAL, BY ENTERPRISE SIZE, IN 2024
FIGURE 19: NORTH AMERICA ENERGY MANAGEMENT & SUSTAINABILITY SOFTWARE MARKET, BY LARGE ENTERPRISES, 2025-2032 (IN $ MILLION)
FIGURE 20: NORTH AMERICA ENERGY MANAGEMENT & SUSTAINABILITY SOFTWARE MARKET, BY SMALL & MEDIUM ENTERPRISES, 2025-2032 (IN $ MILLION)
FIGURE 21: NORTH AMERICA ENERGY MANAGEMENT & SUSTAINABILITY SOFTWARE MARKET, GROWTH POTENTIAL, BY END USE, IN 2024
FIGURE 22: NORTH AMERICA ENERGY MANAGEMENT & SUSTAINABILITY SOFTWARE MARKET, BY UTILITIES & ENERGY, 2025-2032 (IN $ MILLION)
FIGURE 23: NORTH AMERICA ENERGY MANAGEMENT & SUSTAINABILITY SOFTWARE MARKET, BY MANUFACTURING, 2025-2032 (IN $ MILLION)
FIGURE 24: NORTH AMERICA ENERGY MANAGEMENT & SUSTAINABILITY SOFTWARE MARKET, BY BUILDING AUTOMATION, 2025-2032 (IN $ MILLION)
FIGURE 25: NORTH AMERICA ENERGY MANAGEMENT & SUSTAINABILITY SOFTWARE MARKET, BY OIL & GAS, 2025-2032 (IN $ MILLION)
FIGURE 26: NORTH AMERICA ENERGY MANAGEMENT & SUSTAINABILITY SOFTWARE MARKET, BY AUTOMOTIVE, 2025-2032 (IN $ MILLION)
FIGURE 27: NORTH AMERICA ENERGY MANAGEMENT & SUSTAINABILITY SOFTWARE MARKET, BY PHARMACEUTICAL, 2025-2032 (IN $ MILLION)
FIGURE 28: NORTH AMERICA ENERGY MANAGEMENT & SUSTAINABILITY SOFTWARE MARKET, BY OTHER END USES, 2025-2032 (IN $ MILLION)
FIGURE 29: NORTH AMERICA ENERGY MANAGEMENT & SUSTAINABILITY SOFTWARE MARKET, COUNTRY OUTLOOK, 2024 & 2032 (IN %)
FIGURE 30: UNITED STATES ENERGY MANAGEMENT & SUSTAINABILITY SOFTWARE MARKET, 2025-2032 (IN $ MILLION)
FIGURE 31: CANADA ENERGY MANAGEMENT & SUSTAINABILITY SOFTWARE MARKET, 2025-2032 (IN $ MILLION)
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