Delray Beach – October 19, 2026 -- The global Environment, Health, and Safety (EHS) market will grow from USD 9.28 billion in 2026 to USD 13.97 billion by 2032, a 7.0% compound annual growth rate, according to MarketsandMarkets. The market stood at USD 8.62 billion in 2025.
Services segment is forecast to expand at 9.8% CAGR, the fastest by offering
Software is expected to hold the largest market share. Services are projected to post the highest CAGR of 9.8%, and within services, analytics is forecast to grow fastest. MarketsandMarkets attributes the demand to rising data volumes, with buyers seeking real-time dashboards, predictive analytics, incident trend analysis and performance monitoring without building large in-house analytical teams.
Growth drivers cited include stricter regulation, workplace safety concerns and the need to manage environmental and occupational risk. Companies are buying EHS tools for incident reporting, risk assessment, audits, inspections and environmental monitoring. Cloud platforms, AI, mobile tools and IoT integration are central to current software upgrades.
Asia Pacific is set to be the fastest-growing region, led by industrial expansion
Asia Pacific is projected to post the highest regional CAGR, driven by industrialization, manufacturing and infrastructure expansion, and tighter workplace safety rules. The report names China, Japan, India, South Korea and Australia as markets adopting cloud-based EHS software. By vertical, energy and utilities is projected to grow fastest from 2026 to 2032.
Cority expanded its AI-driven EHS capabilities in 2026, demonstrating more than 30 AI workflows across safety, health, environmental and operational risk management.
Private capital flows into AI-enabled EHS platforms at Sphera and Medgate
Sphera received a growth investment from Neuberger Berman in 2025, while Blackstone retained a majority stake. Medgate secured a strategic investment led by Norwest Venture Partners in 2026 to fund product expansion, analytics and acquisitions in enterprise EHS software.
Wolters Kluwer reported that 49% of EHS functions planned to invest in AI within 12 months. Cority is extending its CorityOne platform with AI, mobile and integrated sustainability management, and its Cortex AI suite deploys intelligent agents across EHS and sustainability workflows. MarketsandMarkets says the shift moves EHS from a compliance cost center to a risk-prevention function, opening revenue in AI, analytics, automation, connected worker solutions and subscription platforms.
M&A targets integrated platforms spanning safety, health and sustainability
Acquisition activity is consolidating EHS software, occupational health, crisis management, sustainability and AI-driven risk capabilities. MarketsandMarkets says recent deals favor integrated platforms that connect safety, environmental compliance, workforce health, emergency response and sustainability management.