Global Environmental Consulting Services Market Report 2021 - Opportunities And Strategies, Market Forecast And Trends
5 May, 2021
The environmental consulting services (ECS) market consists of the sales of environmental consulting services and related goods by entities (organizations, sole traders and partnerships) that provide advice, assistance, and action plans to organizations and governments to manage their environment. It includes the prevention of environmental contamination, toxic substances, security consulting, waste management, and pollution control. Environmental consulting services undertake processes where human capital is the major input. They make available the knowledge and skills of their employees, often on an assignment basis, where an individual or team is responsible for the delivery of services to the client.
Global Environmental Consulting Services Market Size And Drivers:
The global environmental consulting service market is expected to grow from $29.08 billion in 2020 to $31.12 billion in 2021 at a compound annual growth rate (CAGR) of 7%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $36.93 billion in 2025 at a CAGR of 4%. Investments in meeting these targets are expected to drive demand for the services of environmental services companies.
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Trends In The Global Environmental Consulting Services Market
Environmental consulting companies are increasingly promoting the utilization and installation of IoT technologies that can help enterprises and governments monitor and conserve the environment. For instance, environmental sensors measure pollution causing particles in air and water, thereby monitoring air or water quality. They also detect radiations and hazardous chemicals in the environment. IoT technologies can also offer efficient solutions for waste collection and disposal. Smart waste collection systems could help track waste levels in garbage bins, provide transport optimization and operational analytics, thereby saving on government assets and minimum fuel consumption.
Global Environmental Consulting Services Market Segments:
The global environmental consulting services market is further segmented based on type and geography.
By Type: Site Remediation Consulting Services, Other Environmental Consulting Services, Water And Waste Management Consulting Services, Environment Management, Compliance And Due Diligence
By End-Users: Mining, Manufacturing & Process Industries, Energy & Utilities, Government & Regulators, Infrastructure & Development, Others
By Geography: The global environmental consulting services market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, the North American environmental consulting services market accounts for the largest share in the global environmental consulting services market.
Read More On The Report For The Global Environmental Consulting Services Market At:https://www.thebusinessresearchcompany.com/report/environmental-consulting-services-global-market-report
Environmental Consulting Services Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides environmental consulting services market overviews, analyzes and forecasts market size and growth for the global environmental consulting services market, environmental consulting services market share, environmental consulting services market players, environmental consulting services market segments and geographies, environmental consulting services market’s leading competitors’ revenues, profiles and market shares. The environmental consulting services market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.