Europe Carbon Accounting Software Market Size, Share & Trends Analysis Report By Deployment (Cloud and On-premises), By Enterprise Size (Large Enterprises and SMEs), By End-use (IT & Telecom and Others), By Country and Growth Forecast, 2024 - 2031
The Europe Carbon Accounting Software Market would witness market growth of 21.3% CAGR during the forecast period (2024-2031).
The Germany market dominated the Europe Carbon Accounting Software Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $4,639.3 million by 2031. The UK market is exhibiting a CAGR of 20.2% during (2024 - 2031). Additionally, The France market would experience a CAGR of 22.3% during (2024 - 2031).
Organizations can use this software to benchmark their emissions against industry peers. This comparative analysis helps set realistic targets, identify best practices, and understand relative performance. The software can also analyze historical emissions data to monitor the progress being implemented effectively. Also, this software can provide real-time monitoring of emissions from various sources, such as machinery, buildings, and transportation fleets, by integrating with Internet of Things (IoT) sensors and devices. Real-time data enables dynamic reporting and immediate insights into emissions, allowing organizations to respond quickly to changes and anomalies.
This software can simulate different scenarios, such as changes in operational practices or energy sources, to forecast their impact on emissions. This helps evaluate the effectiveness of potential strategies before implementation. The software can also project future emissions based on current trends and planned activities, aiding in long-term strategic planning and goal setting. The software can manage verifying and certifying carbon credits and offsets. This includes tracking the acquisition and retirement of credits and ensuring compliance with certification standards. It can track investments in carbon offset projects, providing transparency and accountability in financing and executing carbon reduction efforts.
European governments are implementing stringent regulations and policies to meet carbon reduction targets, such as the European Green Deal and various national climate laws. These regulations drive demand for this software as businesses need to ensure compliance, track emissions, and report accurately. many European governments offer financial incentives and grants for companies investing in sustainability and carbon reduction technologies. This encourages businesses to adopt this software for their broader sustainability strategies. There is a growing emphasis on transparency and accuracy in environmental reporting. Organizations can maintain their credibility and comply with regulatory standards by utilizing carbon accounting software to generate dependable data. In conclusion, government plans for low carbon emissions in the region are propelling the market's growth.
Based on Deployment, the market is segmented into Cloud and On-premises. Based on Enterprise Size, the market is segmented into Large Enterprises and SMEs. Based on End-use, the market is segmented into Energy & Utilities, IT & Telecom, Transportation & Logistics, Healthcare, Retail, Food & Beverages, Construction & Infrastructure, Chemicals, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
- IBM Corporation
- SAP SE
- Salesforce, Inc.
- Microsoft Corporation
- Persefoni AI Inc.
- Sphera Solutions, Inc.
- Offspend (Greenly)
- Diligent Corporation
- SINAI Technologies, Inc.
- Net0
By Deployment
- Cloud
- On-premises
- Large Enterprises
- SMEs
- Energy & Utilities
- IT & Telecom
- Transportation & Logistics
- Healthcare
- Retail
- Food & Beverages
- Construction & Infrastructure
- Chemicals
- Others
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 Europe Carbon Accounting Software Market, by Deployment
- 1.4.2 Europe Carbon Accounting Software Market, by Enterprise Size
- 1.4.3 Europe Carbon Accounting Software Market, by End-use
- 1.4.4 Europe Carbon Accounting Software Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market at a Glance
- 2.1 Key Highlights
- Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
- Chapter 4. Competition Analysis - Global
- 4.1 KBV Cardinal Matrix
- 4.2 Recent Industry Wide Strategic Developments
- 4.2.1 Partnerships, Collaborations and Agreements
- 4.2.2 Product Launches and Product Expansions
- 4.2.3 Acquisition and Mergers
- 4.2.4 Geographical Expansions
- 4.3 Market Share Analysis, 2023
- 4.4 Top Winning Strategies
- 4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
- 4.4.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2022, Jun – 2024, Jul) Leading Players
- 4.5 Porter Five Forces Analysis
- Chapter 5. Europe Carbon Accounting Software Market by Deployment
- 5.1 Europe Cloud Market by Country
- 5.2 Europe On-premises Market by Country
- Chapter 6. Europe Carbon Accounting Software Market by Enterprise Size
- 6.1 Europe Large Enterprises Market by Country
- 6.2 Europe SMEs Market by Country
- Chapter 7. Europe Carbon Accounting Software Market by End-use
- 7.1 Europe Energy & Utilities Market by Country
- 7.2 Europe IT & Telecom Market by Country
- 7.3 Europe Transportation & Logistics Market by Country
- 7.4 Europe Healthcare Market by Country
- 7.5 Europe Retail Market by Country
- 7.6 Europe Food & Beverages Market by Country
- 7.7 Europe Construction & Infrastructure Market by Country
- 7.8 Europe Chemicals Market by Country
- 7.9 Europe Others Market by Country
- Chapter 8. Europe Carbon Accounting Software Market by Country
- 8.1 Germany Carbon Accounting Software Market
- 8.1.1 Germany Carbon Accounting Software Market by Deployment
- 8.1.2 Germany Carbon Accounting Software Market by Enterprise Size
- 8.1.3 Germany Carbon Accounting Software Market by End-use
- 8.2 UK Carbon Accounting Software Market
- 8.2.1 UK Carbon Accounting Software Market by Deployment
- 8.2.2 UK Carbon Accounting Software Market by Enterprise Size
- 8.2.3 UK Carbon Accounting Software Market by End-use
- 8.3 France Carbon Accounting Software Market
- 8.3.1 France Carbon Accounting Software Market by Deployment
- 8.3.2 France Carbon Accounting Software Market by Enterprise Size
- 8.3.3 France Carbon Accounting Software Market by End-use
- 8.4 Russia Carbon Accounting Software Market
- 8.4.1 Russia Carbon Accounting Software Market by Deployment
- 8.4.2 Russia Carbon Accounting Software Market by Enterprise Size
- 8.4.3 Russia Carbon Accounting Software Market by End-use
- 8.5 Spain Carbon Accounting Software Market
- 8.5.1 Spain Carbon Accounting Software Market by Deployment
- 8.5.2 Spain Carbon Accounting Software Market by Enterprise Size
- 8.5.3 Spain Carbon Accounting Software Market by End-use
- 8.6 Italy Carbon Accounting Software Market
- 8.6.1 Italy Carbon Accounting Software Market by Deployment
- 8.6.2 Italy Carbon Accounting Software Market by Enterprise Size
- 8.6.3 Italy Carbon Accounting Software Market by End-use
- 8.7 Rest of Europe Carbon Accounting Software Market
- 8.7.1 Rest of Europe Carbon Accounting Software Market by Deployment
- 8.7.2 Rest of Europe Carbon Accounting Software Market by Enterprise Size
- 8.7.3 Rest of Europe Carbon Accounting Software Market by End-use
- Chapter 9. Company Profiles
- 9.1 Persefoni AI Inc.
- 9.1.1 Company Overview
- 9.1.2 Recent strategies and developments:
- 9.1.2.1 Partnerships, Collaborations, and Agreements:
- 9.1.2.2 Product Launches and Product Expansions:
- 9.2 Offspend (Greenly)
- 9.2.1 Company Overview
- 9.3 SINAI Technologies, Inc.
- 9.3.1 Company Overview
- 9.3.2 Recent strategies and developments:
- 9.3.2.1 Partnerships, Collaborations, and Agreements:
- 9.3.3 SWOT Analysis
- 9.4 Net0
- 9.4.1 Company Overview
- 9.4.2 Recent strategies and developments:
- 9.4.2.1 Geographical Expansions:
- 9.4.3 SWOT Analysis
- 9.5 Sphera Solutions, Inc. (Blackstone)
- 9.5.1 Company Overview
- 9.5.2 Recent strategies and developments:
- 9.5.2.1 Partnerships, Collaborations, and Agreements:
- 9.5.2.2 Acquisition and Mergers:
- 9.5.3 SWOT Analysis
- 9.6 Diligent Corporation (Insight Partners)
- 9.6.1 Company Overview
- 9.6.2 Recent strategies and developments:
- 9.6.2.1 Partnerships, Collaborations, and Agreements:
- 9.6.2.2 Product Launches and Product Expansions:
- 9.6.2.3 Acquisition and Mergers:
- 9.6.3 SWOT Analysis
- 9.7 IBM Corporation
- 9.7.1 Company Overview
- 9.7.2 Financial Analysis
- 9.7.3 Regional & Segmental Analysis
- 9.7.4 Research & Development Expenses
- 9.7.5 Recent strategies and developments:
- 9.7.5.1 Partnerships, Collaborations, and Agreements:
- 9.7.5.2 Product Launches and Product Expansions:
- 9.7.6 SWOT Analysis
- 9.8 SAP SE
- 9.8.1 Company Overview
- 9.8.2 Financial Analysis
- 9.8.3 Regional Analysis
- 9.8.4 Research & Development Expense
- 9.8.5 Recent strategies and developments:
- 9.8.5.1 Partnerships, Collaborations, and Agreements:
- 9.8.5.2 Product Launches and Product Expansions:
- 9.8.6 SWOT Analysis
- 9.9 Salesforce, Inc.
- 9.9.1 Company Overview
- 9.9.2 Financial Analysis
- 9.9.3 Regional Analysis
- 9.9.4 Research & Development Expenses
- 9.9.5 Recent strategies and developments:
- 9.9.5.1 Partnerships, Collaborations, and Agreements:
- 9.9.5.2 Product Launches and Product Expansions:
- 9.9.6 SWOT Analysis
- 9.10. Microsoft Corporation
- 9.10.1 Company Overview
- 9.10.2 Financial Analysis
- 9.10.3 Segmental and Regional Analysis
- 9.10.4 Research & Development Expenses
- 9.10.5 Recent strategies and developments:
- 9.10.5.1 Partnerships, Collaborations, and Agreements:
- 9.10.5.2 Product Launches and Product Expansions:
- 9.10.6 SWOT Analysis
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook