Global Carbon Management Software Market Size study & Forecast, by Software ( Counts only direct CO2 from fuel, Count direct CO2 and indirect CO2) by Basis of Service(Consulting, Implementation, Outsourcing, Training and software support, Maintenance), by

Global Carbon Management Software Market Size study & Forecast, by Software ( Counts only direct CO2 from fuel, Count direct CO2 and indirect CO2) by Basis of Service(Consulting, Implementation, Outsourcing, Training and software support, Maintenance), by Application(Air Quality Management, Energy, Greenhouse Gas Management, Sustainability and Others), and Regional Analysis, 2022-2029

Global Carbon Management Software Market is valued approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2029. The purposes of carbon management software systems include monitoring, planning, inventorying, benchmarking, and managing carbon emission levels. This technological software are intended to support companies and organizations in achieving their emission goals. This software enhance the operational competitiveness and efficiency. Software for managing carbon emissions can also help to lower the risks that business has in relation to climate change. With carbon software solutions, enterprises and organizations are also more capable of safeguarding regulatory compliance. The Carbon Management Software market is expanding because of factors such as growing number of government policies and regulations to limit carbon emission and growing demand for energy consumption by industries.

To maintain their sustainable goals, governments around the world are promoting the reduction of carbon emissions by implementing a variety of measures, including national climate change plans, national sustainable development strategies, and national green growth strategies. The global market for carbon management software is driven by countries' pursuit of environmental sustainability plans as a means of reducing carbon emissions. For instance, being the second-largest economy in the world, the Chinese government aims for environmental sustainability through several laws and programmes. On September 22, 2020, Chinese President Xi Jinping said that during the General Debate of the United Nations General Assembly's 75th session, China would increase its Intended Nationally Determined Contributions by executing more strong policies and initiatives. With the peak of CO2 emissions occurring in 2030, it also aspires to become carbon neutral by 2060. Along with these, in July 2021, The German government set new goals to reduce carbon emissions and achieve greenhouse gas neutrality by 2045. By 2030, compared to 1990, the nation intends to reduce its carbon emissions by 65%, and by 2040, by 88%. In addition, rising cloud integration and rising number of technological advancements is creating lucrative growth to the market. However, high cost may halt market growth.

The key regions considered for the Global Carbon Management Software Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to presence of key market players, rising technological advancement and government support in the region. Whereas Asia Pacific is expected to grow with a highest CAGR during the forecast period, owing to factors such as rising government plans to limit carbon emission, rising consumption of energy by end use industries, and rising projects for sustainable development in the region.

Major market player included in this report are:
Accenture
Carbonetworks Corporation
Enviance
Foresite Systems
Greenstone Carbon Management
International Business Machines Corporation
SAP SE
Symantec Corporation
Advantage IQ Inc
Sphera Solutions Inc.

Recent Developments in the Market:
In January 2022, IBM announced the acquisition of Envizi, a provider of environmental performance management data and analytics software that aided businesses in developing more resilient and sustainable operations and supply chains. That would make it easier to track and report on its progress in reducing GHG emissions and acquiring renewable electricity.
In August 2021, , Diligent Corporation announced to acquisition of Accuvio, a provider of software for ESG data collection and reporting. Organizations would be able to produce, declare, and track important metrics in line with GHG emissions and regulations, including important regulatory frameworks across the entire value chain, with the use of diligent.

Global Carbon Management Software Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Software, Basis of Service, Application, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Software offerings of key players.

The detailed segments and sub-segment of the market are explained below:

By Software:
Counts only direct CO2 from fuel
Count direct CO2 and indirect CO2

By Basis of Service:
Consulting
Implementation
Outsourcing
Training and software support
Maintenance
By Application:
Air Quality Management
Energy
Greenhouse Gas Management
Sustainability
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World

Companies Mentioned

Carbonetworks Corporation
Enviance
Foresite Systems
Greenstone Carbon Management
International Business Machines Corporation
SAP SE
Symantec Corporation
Advantage IQ Inc
Sphera Solutions Inc.

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