Thursday, 3 June 2010

Pike Research predicts huge growth in the sales of carbon management software and services to the US federal government.

Back in January we reported on Pike Research’s carbon management software and services market forecasts, now they have released a similar report just covering the US federal government.  The company sees the sector as offering one of the best prospects for carbon management software and service providers in the coming years.

According to Pike Research the US is facing a lot of pressure to manage and reduce its energy use and CO2 emissions, fuelled by an array of market forces and changing economic, national and international conditions. 

US federal agencies will be obliged to take action to manage their emissions.  But agencies own 500,000 buildings, more than 600,000 vehicles and spend $500bn on goods and services annually, so there will be a huge requirement for software to keep track.

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The company forecasts that the compound annual growth rate for carbon management in the US federal government sector will be almost 46% between 2008 and 2017, but will reach an eye-watering 93% in 2010 and 78% in 2011.

The report looks at trends, forecasts and market size and growth prospects as well as the competitive landscape.  There’s more information here.

 

All I would say is that you could probably make exactly the same comments about any country in the world, or if not now, then within the next year or two.  Governments will need to lead by example in reducing emissions, so government agencies will need the tools to monitor and manage them. 

The impression at the moment is that many governments around the world have not even started any systematic approach to emissions management.  (That certainly seems to be the case in the UK, but more of that later).  When they do they’ll soon realise that they need the right tools for the job.

But with the sort of growth that Pike Research is talking about there’s likely to be a feeding frenzy of solutions providers in the coming months.  That’s likely to result in a change in the competitive landscape as established, enterprise players compete with smaller, specialist suppliers and the winners and losers emerge.  Consolidation won’t be far behind.

© The Green IT Review

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