The health and safety management system covers critical aspects of the organizational resources for the development, implementation, and maintenance of occupational safety and health policy. A shifting focus of enterprises towards promoting health and safety among workers and the work environment is positively influencing the health and safety management system market. Developing countries such as China and India are witnessing high demand for health and management systems on account of growing manufacturing and industrial sector.
The health and safety management system market is anticipated to grow in the forecast period owing to driving factors such as strict government regulations and increasing adoption of safety measures across industries. Moreover, rising incidents of fire and other accidents is further expected to create demand in the forecast period. However, lack of unified standards may negatively influence the growth of the health and safety management system market.
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Some of the key players influencing the market are Cority, Dakota Software Corporation, ETQ, LLC, Gensuite, IndustrySafe Inc. (Vector-Solutions.com, Inc.), Intelex Technologies Inc., Quentic GmbH, SafetyCulture, SafetyTek, StarTex Software LLC
The global health and safety management system market is segmented on the basis of component, deployment, and industry vertical. Based on component, the market is segmented as software and services. On the basis of the deployment, the market is segmented as cloud and on-premise. The market on the basis of the industry vertical is classified as automotive, building materials & construction, chemicals, logistics & transportation, machinery, maritime, oil & gas, and others.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global health and safety management system market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The health and safety management system market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
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The reports cover key developments in the health and safety management system market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from health and safety management system market are anticipated to lucrative growth opportunities in the future with the rising demand for health and safety management system in the global market.
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