EHS Services Analysis Report 2025: Market to Grow by a CAGR of XX to 2033, Driven by Government Incentives, Popularity of Virtual Assistants, and Strategic Partnerships

Key Insights

The global EHS services market was valued at USD 32.5 billion in 2023 and is expected to expand at a compound annual growth rate (CAGR) of 4.6% from 2023 to 2033. The rising awareness of environmental health and safety (EHS) regulations, coupled with the increasing demand for sustainability and risk management, is driving the market growth. Additionally, the emergence of new technologies, such as artificial intelligence (AI) and the Internet of Things (IoT), is further propelling the market forward.

Key market players include EHS Support, VelocityEHS, KPMG, UL Solutions, EY, Total Safety, Triumvirate Environmental, Citadel EHS, BSI Group, and Anthesis Group. The market is segmented based on type into domestic services and international services, and based on application into industry, medical industry, and others. Regionally, North America holds the largest market share due to the presence of stringent EHS regulations and a well-established industrial sector.

EHS Services Industry Overview

EHS Services Trends

The EHS services market is projected to reach $60 billion by 2030, exhibiting a CAGR of 5% from 2023. This surge is attributed to growing environmental regulations, rising concerns about workplace safety, and increased corporate sustainability initiatives. Enhanced focus on data quality, AI-driven insights, and digital transformation are also shaping the market landscape.

Key insights:

• Demand for EHS software and consulting services is on the rise.
• Companies seek comprehensive solutions that address environmental compliance, safety management, and sustainability goals.
• Digitization is transforming data management and analysis processes.
• Predictive analytics and machine learning are aiding in risk identification and proactive decision-making.
• Collaborative ecosystems involving vendors, consultancies, and regulatory bodies are emerging.

Driving Forces: What's Propelling the EHS Services

The EHS services market is primarily driven by:

• Stringent environmental regulations: Governments worldwide are enforcing stricter regulations to mitigate environmental impact.
• Improved safety standards: Companies prioritize employee safety, reducing workplace accidents and liabilities.
• Sustainability consciousness: Organizations recognize the importance of sustainability and integrate EHS practices into their operations.
• Technological advancements: EHS software and data analytics tools enhance efficiency and accuracy.
• Competitive advantage: Companies leverage EHS practices to differentiate themselves and gain market share.

Challenges and Restraints in EHS Services

Despite the growth potential, the market faces certain challenges:

• Lack of standardization: Variations in EHS regulations across jurisdictions can pose compliance hurdles.
• Skilled workforce shortage: Finding qualified professionals with expertise in EHS is becoming increasingly difficult.
• Data integration: Integrating data from multiple sources for comprehensive analysis remains a challenge.
• Budget constraints: Some organizations may face financial limitations in implementing EHS initiatives.
• Compliance complexity: The evolving nature of EHS regulations can make compliance management complex.

Key Region or Country & Segment to Dominate the Market

Dominating Region: North America

• Key factors: Strong environmental regulations, high awareness of EHS best practices, and advanced technology adoption.

Dominating Segment: Domestic Services

• Key factors: Growing focus on workplace safety, environmental compliance, and sustainability in local operations.

Other Notable Segments:

• Medical Industry: Rising concerns about patient and medical staff safety drive demand for EHS services.
• Others: Sustainability consulting, GHG emission reporting, and ESG advisory services are gaining traction.

Growth Catalysts in EHS Services Industry

• Advancements in technology: AI, machine learning, and big data analytics enhance data management and risk assessment.
• Increased awareness of EHS importance: Companies recognize the benefits of EHS practices for reputation management and financial performance.
• Rising consumer demand for sustainable products: Consumers prefer organizations with strong EHS credentials.
• Government support and incentives: Tax breaks, grants, and other incentives encourage adoption of EHS services.
• Collaborations and partnerships: Strategic alliances between vendors, consultancies, and industry groups promote innovation and knowledge sharing.

Leading Players in the EHS Services

• EHS Support
• VelocityEHS
• KPMG
• UL Solutions
• EY
• Total Safety
• Triumvirate Environmental
• Citadel EHS
• BSI Group
• Anthesis Group

Significant Developments in EHS Services Sector

• Consolidation and acquisitions: Mergers and acquisitions among vendors aim to expand market share and offer comprehensive solutions.
• Cloud-based solutions: SaaS platforms provide cost-effective and scalable EHS management systems.
• Blockchain technology: Use cases emerge for data security, supply chain transparency, and emissions tracking.
• Rise of ESG reporting: Companies increasingly disclose their EHS performance to meet stakeholder demands.
• Demand for ESG consulting services: Organizations seek guidance on ESG strategy development and implementation.

Comprehensive Coverage EHS Services Report

For a comprehensive analysis of the EHS services market, including detailed data, market forecasts, and industry insights, refer to the following report: EHS Services Market Report by Grand View Research

EHS Services Segmentation

• 1. Type
  • 1.1. Domestic Services
  • 1.2. International Services
• 2. Application
  • 2.1. Industry
  • 2.2. Medical Industry
  • 2.3. Others

EHS Services Segmentation By Geography

• 1. North America
  • 1.1. United States
  • 1.2. Canada
  • 1.3. Mexico
• 2. South America
  • 2.1. Brazil
  • 2.2. Argentina
  • 2.3. Rest of South America
• 3. Europe
  • 3.1. United Kingdom
  • 3.2. Germany
  • 3.3. France
  • 3.4. Italy
  • 3.5. Spain
  • 3.6. Russia
  • 3.7. Benelux
  • 3.8. Nordics
  • 3.9. Rest of Europe
• 4. Middle East & Africa
  • 4.1. Turkey
  • 4.2. Israel
  • 4.3. GCC
  • 4.4. North Africa
  • 4.5. South Africa
  • 4.6. Rest of Middle East & Africa
• 5. Asia Pacific
  • 5.1. China
  • 5.2. India
  • 5.3. Japan
  • 5.4. South Korea
  • 5.5. ASEAN
  • 5.6. Oceania
  • 5.7. Rest of Asia Pacific