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Carbon Accounting Software Market Report by Deployment (Cloud-based, On-premises), Industry (Energy and Utilities, IT and Telecom, Healthcare, Transportation and Logistics, Retail, Construction and Infrastructure, Food and Beverages, Chemicals, and Others), and Region 2023-2028
Market Report I 2023-07-05 I 140 Pages I IMARC Group
Market Overview:
The global carbon accounting software market size reached US$ 12,730 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 42,924 Million by 2028, exhibiting a growth rate (CAGR) of 22.60% during 2023-2028. Stringent environmental regulations imposed by governments of various nations, the increasing corporate focus on sustainability and social responsibility, the growing investor interest in sustainability, and the integration of artificial intelligence (AI) and machine learning (ML) technologies within carbon accounting software represent some of the key factors driving the market.
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:
IMARC Group provides an analysis of the key trends in each segment of the global carbon accounting software market, along with forecasts at the global, regional, and country levels from 2023-2028. Our report has categorized the market based on deployment and industry.
Deployment Insights:
Cloud-based
On-premises
A detailed breakup and analysis of the carbon accounting software market based on the deployment has also been provided in the report. This includes cloud-based and on-premises.
Industry Insights:
Energy and Utilities
IT and Telecom
Healthcare
Transportation and Logistics
Retail
Construction and Infrastructure
Food and Beverages
Chemicals
Others
A detailed breakup and analysis of the carbon accounting software market based on the industry has also been provided in the report. This includes energy and utilities, IT and telecom, healthcare, transportation and logistics, retail, construction and infrastructure, food and beverages, chemicals, and others. According to the report, energy and utilities accounted for the largest market share.
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:
How has the global carbon accounting software market performed so far, and how will it perform in the coming years?
What are the drivers, restraints, and opportunities in the global carbon accounting software market?
What is the impact of each driver, restraint, and opportunity on the global carbon accounting software market?
What are the key regional markets?
Which countries represent the most attractive carbon accounting software market?
What is the breakup of the market based on the deployment?
Which is the most attractive deployment in the carbon accounting software market?
What is the breakup of the market based on the industry?
Which is the most attractive industry in the carbon accounting software market?
What is the competitive structure of the global carbon accounting software market?
Who are the key players/companies in the global carbon accounting software market?
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
Figure 1: Global: Carbon Accounting Software Market: Major Drivers and Challenges
Figure 2: Global: Carbon Accounting Software Market: Sales Value (in Million US$), 2017-2022
Figure 3: Global: Carbon Accounting Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 4: Global: Carbon Accounting Software Market: Breakup by Deployment (in %), 2022
Figure 5: Global: Carbon Accounting Software Market: Breakup by Industry (in %), 2022
Figure 6: Global: Carbon Accounting Software Market: Breakup by Region (in %), 2022
Figure 7: Global: Carbon Accounting Software (Cloud-based) Market: Sales Value (in Million US$), 2017 & 2022
Figure 8: Global: Carbon Accounting Software (Cloud-based) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 9: Global: Carbon Accounting Software (On-premises) Market: Sales Value (in Million US$), 2017 & 2022
Figure 10: Global: Carbon Accounting Software (On-premises) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 11: Global: Carbon Accounting Software (Energy and Utilities) Market: Sales Value (in Million US$), 2017 & 2022
Figure 12: Global: Carbon Accounting Software (Energy and Utilities) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 13: Global: Carbon Accounting Software (IT and Telecom) Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: Global: Carbon Accounting Software (IT and Telecom) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 15: Global: Carbon Accounting Software (Healthcare) Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: Global: Carbon Accounting Software (Healthcare) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 17: Global: Carbon Accounting Software (Transportation and Logistics) Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: Global: Carbon Accounting Software (Transportation and Logistics) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 19: Global: Carbon Accounting Software (Retail) Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: Global: Carbon Accounting Software (Retail) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 21: Global: Carbon Accounting Software (Construction and Infrastructure) Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: Global: Carbon Accounting Software (Construction and Infrastructure) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23: Global: Carbon Accounting Software (Food and Beverages) Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: Global: Carbon Accounting Software (Food and Beverages) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 25: Global: Carbon Accounting Software (Chemicals) Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: Global: Carbon Accounting Software (Chemicals) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 27: Global: Carbon Accounting Software (Other Industries) Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: Global: Carbon Accounting Software (Other Industries) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 29: North America: Carbon Accounting Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 30: North America: Carbon Accounting Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 31: United States: Carbon Accounting Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 32: United States: Carbon Accounting Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 33: Canada: Carbon Accounting Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 34: Canada: Carbon Accounting Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 35: Asia-Pacific: Carbon Accounting Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 36: Asia-Pacific: Carbon Accounting Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 37: China: Carbon Accounting Software Market: Sales Value (in Million US$),2017 & 2022
Figure 38: China: Carbon Accounting Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 39: Japan: Carbon Accounting Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 40: Japan: Carbon Accounting Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 41: India: Carbon Accounting Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 42: India: Carbon Accounting Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 43: South Korea: Carbon Accounting Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 44: South Korea: Carbon Accounting Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 45: Australia: Carbon Accounting Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 46: Australia: Carbon Accounting Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 47: Indonesia: Carbon Accounting Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 48: Indonesia: Carbon Accounting Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 49: Others: Carbon Accounting Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 50: Others: Carbon Accounting Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 51: Europe: Carbon Accounting Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 52: Europe: Carbon Accounting Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 53: Germany: Carbon Accounting Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 54: Germany: Carbon Accounting Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 55: France: Carbon Accounting Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 56: France: Carbon Accounting Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 57: United Kingdom: Carbon Accounting Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 58: United Kingdom: Carbon Accounting Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 59: Italy: Carbon Accounting Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 60: Italy: Carbon Accounting Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 61: Spain: Carbon Accounting Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 62: Spain: Carbon Accounting Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 63: Russia: Carbon Accounting Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 64: Russia: Carbon Accounting Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 65: Others: Carbon Accounting Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 66: Others: Carbon Accounting Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 67: Latin America: Carbon Accounting Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 68: Latin America: Carbon Accounting Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 69: Brazil: Carbon Accounting Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 70: Brazil: Carbon Accounting Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 71: Mexico: Carbon Accounting Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 72: Mexico: Carbon Accounting Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 73: Others: Carbon Accounting Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 74: Others: Carbon Accounting Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 75: Middle East and Africa: Carbon Accounting Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 76: Middle East and Africa: Carbon Accounting Software Market: Breakup by Country (in %),2022
Figure 77: Middle East and Africa: Carbon Accounting Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 78: Global: Carbon Accounting Software Industry: Drivers, Restraints, and Opportunities
Figure 79: Global: Carbon Accounting Software Industry: Value Chain Analysis
Figure 80: Global: Carbon Accounting Software Industry: Porter's Five Forces Analysis
Table 1: Global: Carbon Accounting Software Market: Key Industry Highlights, 2022 & 2028
Table 2: Global: Carbon Accounting Software Market Forecast: Breakup by Deployment (in Million US$), 2023-2028
Table 3: Global: Carbon Accounting Software Market Forecast: Breakup by Industry (in Million US$), 2023-2028
Table 4: Global: Carbon Accounting Software Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 5: Global: Carbon Accounting Software Market: Competitive Structure
Table 6: Global: Carbon Accounting Software Market: Key Players
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