Product Code: SR112025A8228
The global carbon accounting software market size was valued at USD 18.7 Million in 2024. Looking forward, IMARC Group estimates the market to reach USD 94.5 Million by 2033, exhibiting a CAGR of 18.7% from 2025-2033. North America currently dominates the market, holding a market share of over 36.8% in 2024. The increasing consumer demand for clean-label products, rising health consciousness, stringent regulations on synthetic colors, expanding product application in beverages and bakery sectors, and the heightened awareness of the environmental benefits of natural alternatives are some of the prime factors contributing to the carbon accounting software market share and overall market expansion.
Carbon accounting software is a specialized software solution that allows companies to monitor and report their greenhouse gas (GHG) emissions accurately. It is designed to streamline the complex process of carbon accounting, making it easier for businesses to assess their environmental impact and take appropriate actions to reduce emissions. One of the key advantages of carbon accounting software is its ability to automate data collection and analysis. It provides tools and functionalities to gather data on energy consumption, transportation, waste management, and other relevant factors. This data is then processed and converted into carbon emissions metrics, such as carbon dioxide equivalents (CO2e), providing companies with a clear picture of their environmental performance. Additionally, carbon accounting software enables companies to generate reports and track progress over time, facilitating compliance with regulatory requirements and sustainability targets.
Carbon Accounting Software Market Trends:
The global carbon accounting software market is experiencing remarkable growth, driven by the stringent environmental regulations imposed by governments of various nations. This is further supported by the increasing corporate focus on sustainability and social responsibility. Besides this, the growing investor interest in sustainability and the integration of artificial intelligence (AI) and machine learning (ML) technologies within carbon accounting software are driving market growth. Moreover, the increasing focus on energy efficiency initiatives and the rising energy costs and sustainability goals are propelling the market growth. In line with this, global climate agreements, such as the Paris Agreement, and initiatives like the Science-Based Targets (SBT), are encouraging companies to adopt carbon accounting software to set emissions reduction targets and track progress, further creating a positive outlook for the market. Furthermore, the growing software utilization across various industries to assess and manage the carbon emissions of the supply chains and surging awareness regarding climate change and its potential impacts are providing an impetus to the market growth.
Key Market Segmentation:
Deployment Insights:
Industry Insights:
- Energy and Utilities
- IT and Telecom
- Healthcare
- Transportation and Logistics
- Retail
- Construction and Infrastructure
- Food and Beverages
- Chemicals
- Others
Regional Insights:
- North America
- United States
- Canada
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
- The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa.
Competitive Landscape:
- The report has also provided a comprehensive analysis of the competitive landscape in the global carbon accounting software market. Detailed profiles of all major companies have been provided. Some of the companies covered include BraveGen (Energy Solution Providers Limited), Carbon Analytics Limited, CarbonetiX, Carbonstop, Emitwise, Evalue8 Sustainability, Intelex Technologies Inc. (Industrial Scientific Corporation), Net0, Normative, SAP SE, Simble Solutions Ltd., Sphera Solutions In, etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
Key Questions Answered in This Report
- 1.How big is the carbon accounting software market?
- 2.What is the future outlook of carbon accounting software market?
- 3.What are the key factors driving the carbon accounting software market?
- 4.Which region accounts for the largest carbon accounting software market share?
- 5.Which are the leading companies in the global carbon accounting software market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Carbon Accounting Software Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Deployment
- 6.1 Cloud-based
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 On-premises
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
7 Market Breakup by Industry
- 7.1 Energy and Utilities
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 IT and Telecom
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Healthcare
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Transportation and Logistics
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
- 7.5 Retail
- 7.5.1 Market Trends
- 7.5.2 Market Forecast
- 7.6 Construction and Infrastructure
- 7.6.1 Market Trends
- 7.6.2 Market Forecast
- 7.7 Food and Beverages
- 7.7.1 Market Trends
- 7.7.2 Market Forecast
- 7.8 Chemicals
- 7.8.1 Market Trends
- 7.8.2 Market Forecast
- 7.9 Others
- 7.9.1 Market Trends
- 7.9.2 Market Forecast
8 Market Breakup by Region
- 8.1 North America
- 8.1.1 United States
- 8.1.1.1 Market Trends
- 8.1.1.2 Market Forecast
- 8.1.2 Canada
- 8.1.2.1 Market Trends
- 8.1.2.2 Market Forecast
- 8.2 Asia-Pacific
- 8.2.1 China
- 8.2.1.1 Market Trends
- 8.2.1.2 Market Forecast
- 8.2.2 Japan
- 8.2.2.1 Market Trends
- 8.2.2.2 Market Forecast
- 8.2.3 India
- 8.2.3.1 Market Trends
- 8.2.3.2 Market Forecast
- 8.2.4 South Korea
- 8.2.4.1 Market Trends
- 8.2.4.2 Market Forecast
- 8.2.5 Australia
- 8.2.5.1 Market Trends
- 8.2.5.2 Market Forecast
- 8.2.6 Indonesia
- 8.2.6.1 Market Trends
- 8.2.6.2 Market Forecast
- 8.2.7 Others
- 8.2.7.1 Market Trends
- 8.2.7.2 Market Forecast
- 8.3 Europe
- 8.3.1 Germany
- 8.3.1.1 Market Trends
- 8.3.1.2 Market Forecast
- 8.3.2 France
- 8.3.2.1 Market Trends
- 8.3.2.2 Market Forecast
- 8.3.3 United Kingdom
- 8.3.3.1 Market Trends
- 8.3.3.2 Market Forecast
- 8.3.4 Italy
- 8.3.4.1 Market Trends
- 8.3.4.2 Market Forecast
- 8.3.5 Spain
- 8.3.5.1 Market Trends
- 8.3.5.2 Market Forecast
- 8.3.6 Russia
- 8.3.6.1 Market Trends
- 8.3.6.2 Market Forecast
- 8.3.7 Others
- 8.3.7.1 Market Trends
- 8.3.7.2 Market Forecast
- 8.4 Latin America
- 8.4.1 Brazil
- 8.4.1.1 Market Trends
- 8.4.1.2 Market Forecast
- 8.4.2 Mexico
- 8.4.2.1 Market Trends
- 8.4.2.2 Market Forecast
- 8.4.3 Others
- 8.4.3.1 Market Trends
- 8.4.3.2 Market Forecast
- 8.5 Middle East and Africa
- 8.5.1 Market Trends
- 8.5.2 Market Breakup by Country
- 8.5.3 Market Forecast
9 Drivers, Restraints, and Opportunities
- 9.1 Overview
- 9.2 Drivers
- 9.3 Restraints
- 9.4 Opportunities
10 Value Chain Analysis
11 Porters Five Forces Analysis
- 11.1 Overview
- 11.2 Bargaining Power of Buyers
- 11.3 Bargaining Power of Suppliers
- 11.4 Degree of Competition
- 11.5 Threat of New Entrants
- 11.6 Threat of Substitutes
12 Price Analysis
13 Competitive Landscape
- 13.1 Market Structure
- 13.2 Key Players
- 13.3 Profiles of Key Players
- 13.3.1 BraveGen (Energy Solution Providers Limited)
- 13.3.1.1 Company Overview
- 13.3.1.2 Product Portfolio
- 13.3.2 Carbon Analytics Limited
- 13.3.2.1 Company Overview
- 13.3.2.2 Product Portfolio
- 13.3.3 CarbonetiX
- 13.3.3.1 Company Overview
- 13.3.3.2 Product Portfolio
- 13.3.4 Carbonstop
- 13.3.4.1 Company Overview
- 13.3.4.2 Product Portfolio
- 13.3.5 Emitwise
- 13.3.5.1 Company Overview
- 13.3.5.2 Product Portfolio
- 13.3.6 Evalue8 Sustainability
- 13.3.6.1 Company Overview
- 13.3.6.2 Product Portfolio
- 13.3.7 Intelex Technologies Inc. (Industrial Scientific Corporation)
- 13.3.7.1 Company Overview
- 13.3.7.2 Product Portfolio
- 13.3.8 Net0
- 13.3.8.1 Company Overview
- 13.3.8.2 Product Portfolio
- 13.3.9 Normative
- 13.3.9.1 Company Overview
- 13.3.9.2 Product Portfolio
- 13.3.10 SAP SE
- 13.3.10.1 Company Overview
- 13.3.10.2 Product Portfolio
- 13.3.10.3 Financials
- 13.3.10.4 SWOT Analysis
- 13.3.11 Simble Solutions Ltd.
- 13.3.11.1 Company Overview
- 13.3.11.2 Product Portfolio
- 13.3.11.3 Financials
- 13.3.12 Sphera Solutions Inc.
- 13.3.12.1 Company Overview
- 13.3.12.2 Product Portfolio
Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.