Health, Safety and Environment (HSE) Consulting and Training Services Global Market Report 2024

The health, safety and environment (HSE) consulting and training services market size has grown strongly in recent years. It will grow from $44.65 billion in 2023 to $48.08 billion in 2024 at a compound annual growth rate (CAGR) of 7.7%. The historical growth in the industry can be attributed to the heightened stringency and emergence of regulations related to the health and safety of workers. Organizations have increased their efforts to maintain safety standards, and there has been a surge in government initiatives aimed at promoting and enforcing these regulations.

The health, safety and environment (HSE) consulting and training services market size is expected to see strong growth in the next few years. It will grow to $59.21 billion in 2028 at a compound annual growth rate (CAGR) of 5.3%. The projected growth in the forecast period is linked to the increasing stringency of government regulatory compliances, a growing demand for AI-based platforms and solutions within the manufacturing industry, and a heightened awareness surrounding workspace and employee safety. Noteworthy trends expected in this period include continuous innovation and technological advancements, the integration of robotics and automation for high-risk tasks, the development of AI-powered safety management platforms, and the emergence of innovative integrated solutions.

The surge in stringent government regulatory compliance is anticipated to drive growth in the health, safety, and environment (HSE) consulting and training services market. Government regulatory compliance entails adherence to laws, regulations, standards, and guidelines established by governmental bodies to ensure the safety, health, and environmental protection standards across various industries. With an increasing focus on data collection and analysis, regulations aim to safeguard personal information and promote responsible usage. For example, the implementation of the Building Safety Act 2022 in April 2022 by the UK government underscores the commitment to fundamental reforms aimed at enhancing the safety of residential and mixed-use buildings. The Act introduces a new Building Safety Regulator tasked with overseeing safety standards and mandates the establishment of a National Regulator for construction products to ensure the safety of all construction products in the UK market. Consequently, the rise in stringent government regulatory compliance is fostering growth in the health, safety, and environment (HSE) consulting and training services market.

Key players in the health, safety, and environment (HSE) consulting and training services market are innovating by introducing solutions such as visual AI advisors. This technology leverages computer vision and artificial intelligence to analyze video data from existing security cameras, transforming them into proactive intelligence platforms. For instance, in May 2022, SparkCognition, a US-based AI-powered technology company, launched its SparkCognition Visual AI Advisor. This AI-powered safety management system is specifically designed for health, safety, and environment (HSE) management, enabling organizations to convert their existing security camera infrastructure into intelligent visual analytics and alerts platforms. By detecting and analyzing objects in video feeds, the Visual AI Advisor helps reduce accidents, enhance security measures, and provide valuable insights into business operations. By utilizing image and video data, this innovative solution enhances safety, security, visual inspection, productivity, and situational awareness for industrial enterprises, thereby contributing to the growth of the HSE consulting and training services market.

In September 2022, Cority, a leading provider of environmental, health, and safety (EHS) software based in Canada, completed the acquisition of Reporting 21 for an undisclosed sum. This strategic move is anticipated to synergize Cority's sustainability cloud with Reporting 21's solution, bolstering support for clients in managing, communicating, and advancing their sustainability and environmental, social, and governance (ESG) initiatives. Reporting 21, headquartered in France, specializes in providing a platform for monitoring environmental, social, and governance (ESG) data.

Major companies operating in the health, safety and environment (hse) consulting and training services market report are AECOM Pvt. Ltd., WSP Global Inc., SGS S.A, Bureau Veritas SA, Stantec Inc., Intertek Group PLC, DNV GL Group AS, Jacob Solutions Inc., Tetra Tech Inc., Arcadis NV, Mott MacDonald Group, TÜV SÜD AG, Det Norske Veritas, Ramboll Group A/S, Lloyds Register, Terracon Consultants Inc., RPS Group PLC, Exponent Inc., CBI Services Inc., D2L Corporation, EHS Inc., National Safety Council, Wilson Learning Worldwide Inc., American Industrial Hygiene Association, EcoEngineers Inc.

North America was the largest region in the health, safety and environment (HSE) consulting and training services market in 2023. The regions covered in the health, safety and environment (hse) consulting and training services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the health, safety and environment (hse) consulting and training services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Health, safety, and environment (HSE) consulting and training services are specialized professional services dedicated to aiding organizations in effectively managing and optimizing their health, safety, and environmental practices. These services play a crucial role in helping organizations comprehend and adhere to the industry-specific health, safety, and environmental regulations.

The primary categories of HSE consulting and training services include consulting services and training services. Consulting services involve expert guidance and support from consulting firms to help organizations develop, implement, and enhance their health, safety, and environmental management systems. These services may include software and various offerings. The end users of these services span across diverse sectors such as automotive and discrete manufacturing, process manufacturing, utilities, government, construction and real estate, logistics and transportation, among others.

The health, safety and environment (HSE) consulting and training services market research report is one of a series of new reports that provides health, safety and environment (HSE) consulting and training services market statistics, including health, safety, and environment (HSE) consulting and training services industry global market size, regional shares, competitors with a health, safety, and environment (HSE) consulting and training services market share, detailed health, safety, and environment (HSE) consulting and training services market segments, market trends and opportunities, and any further data you may need to thrive in the health, safety, and environment (HSE) consulting and training services industry. This health, safety, and environment (HSE) consulting and training services research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The health, safety, and environment (HSE) consulting and training services market includes revenues earned by entities by providing services such as emergency response planning, safety training programs, environmental compliance, security risk assessments, and behavior-based safety programs. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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