North America Carbon Footprint Management Market Size, Share & Industry Trends Analysis Report By Deployment, By Organization Size, By Component (Solution and Services), By Vertical, By Country and Growth Forecast, 2023 - 2029
The North America Carbon Footprint Management Market would witness market growth of 20.2% CAGR during the forecast period (2023-2029).
Carbon footprint management (CFM) mechanisms can help a commercial organization (or a residential complex) determine, monitor, report, and control its carbon emissions. The purpose of carbon footprint management processes is to ensure that the facilities under observation do not emit more carbon dioxide than local and federal legislation allows. In addition, the carbon footprint management system can notify the owner if emissions exceed the safe threshold, at which point they can take the necessary measures. These CFM solutions applications support the technology's development in the contemporary environment.
The carbon footprint measures all greenhouse gases (GHG) produced by normal economic and human activities. When taking action and launching activities to decrease an activity's carbon footprint to the bare minimum, expressed in tons of carbon dioxide (CO2) emissions, it is crucial to be aware of its carbon footprint. The carbon footprint environmental indicator measures both direct and indirect emissions of substances like nitrogen oxide (N2O), methane (CH4), hydrofluorocarbons (HFCs), sulfur hexafluoride (SF6), perfluorocarbons (PFCs), and, most importantly, carbon dioxide (CO2), which has been the main cause of warming since 1990.
In order for Canada to achieve its 2030 climate target and 2050 net-zero goal, carbon management will be crucial to the country's economic and environmental future. In order to ensure that Canada is well-positioned to enable meaningful climate action, the government is developing a carbon management strategy in collaboration with technical experts, stakeholders, and other interested Canadians. The CO2 Capture, Utilization, and Storage (CCUS) initiative at CanmetENERGY Ottawa is one such example that consists of R&D in capturing, utilization, and storage of carbon. Therefore, the region presents lucrative growth prospects for the market in the coming years.
The US market dominated the North America Carbon Footprint Management Market by Country in 2022 and would continue to be a dominant market till 2029; thereby, achieving a market value of $8,740.8 Million by 2029. The Canada market is poised to grow at a CAGR of 23% during (2023 - 2029). Additionally, The Mexico market would witness a CAGR of 21.9% during (2023 - 2029).
Based on Deployment, the market is segmented into Cloud and On-premise. Based on Organization Size, the market is segmented into Corporates/Enterprises, Mid-Tier Enterprises and Small Businesses. Based on Component, the market is segmented into Solution and Services. Based on Vertical, the market is segmented into Manufacturing, Financial Services, IT & Telecom, Government, Energy & Utilities, Residential & Commercial Buildings and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Schneider Electric SE, SAP SE, Salesforce, Inc., IBM Corporation, ENGIE, Intelex Technologies, ULC, IsoMetrix, Cority Software, Inc. (Thoma Bravo), Dakota Software Corporation and Locus Technologies.
Scope of the Study
Market Segments covered in the Report:
By Deployment
- Cloud
- On-premise
- Corporates/Enterprises
- Mid-Tier Enterprises
- Small Businesses
- Solution
- Services
- Manufacturing
- Financial Services
- IT & Telecom
- Government
- Energy & Utilities
- Residential & Commercial Buildings
- Others
- US
- Canada
- Mexico
- Rest of North America
- Schneider Electric SE
- SAP SE
- Salesforce, Inc.
- IBM Corporation
- ENGIE
- Intelex Technologies, ULC
- IsoMetrix
- Cority Software, Inc. (Thoma Bravo)
- Dakota Software Corporation
- Locus Technologies
- Exhaustive coverage
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- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Carbon Footprint Management Market, by Deployment
- 1.4.2 North America Carbon Footprint Management Market, by Organization Size
- 1.4.3 North America Carbon Footprint Management Market, by Component
- 1.4.4 North America Carbon Footprint Management Market, by Vertical
- 1.4.5 North America Carbon Footprint Management Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market Overview
- 2.1 Introduction
- 2.1.1 Overview
- 2.1.1.1 Market Composition & Scenario
- 2.2 Key Factors Impacting the Market
- 2.2.1 Market Drivers
- 2.2.2 Market Restraints
- Chapter 3. Competition Analysis - Global
- 3.1 KBV Cardinal Matrix
- 3.2 Recent Industry Wide Strategic Developments
- 3.2.1 Partnerships, Collaborations and Agreements
- 3.2.2 Product Launches and Product Expansions
- 3.2.3 Acquisition and Mergers
- 3.2.4 Business Expansion
- 3.3 Market Share Analysis, 2021
- 3.4 Top Winning Strategies
- 3.4.1 Key Leading Strategies: Percentage Distribution (2019-2023)
- Chapter 4. North America Carbon Footprint Management Market by Deployment
- 4.1 North America Cloud Market by Country
- 4.2 North America On-premise Market by Country
- Chapter 5. North America Carbon Footprint Management Market by Organization Size
- 5.1 North America Corporates/Enterprises Market by Country
- 5.2 North America Mid-Tier Enterprises Market by Country
- 5.3 North America Small Businesses Market by Country
- Chapter 6. North America Carbon Footprint Management Market by Component
- 6.1 North America Solution Market by Country
- 6.2 North America Services Market by Country
- Chapter 7. North America Carbon Footprint Management Market by Vertical
- 7.1 North America Manufacturing Market by Country
- 7.2 North America Financial Services Market by Country
- 7.3 North America IT & Telecom Market by Country
- 7.4 North America Government Market by Country
- 7.5 North America Energy & Utilities Market by Country
- 7.6 North America Residential & Commercial Buildings Market by Country
- 7.7 North America Others Market by Country
- Chapter 8. North America Carbon Footprint Management Market by Country
- 8.1 US Carbon Footprint Management Market
- 8.1.1 US Carbon Footprint Management Market by Deployment
- 8.1.2 US Carbon Footprint Management Market by Organization Size
- 8.1.3 US Carbon Footprint Management Market by Component
- 8.1.4 US Carbon Footprint Management Market by Vertical
- 8.2 Canada Carbon Footprint Management Market
- 8.2.1 Canada Carbon Footprint Management Market by Deployment
- 8.2.2 Canada Carbon Footprint Management Market by Organization Size
- 8.2.3 Canada Carbon Footprint Management Market by Component
- 8.2.4 Canada Carbon Footprint Management Market by Vertical
- 8.3 Mexico Carbon Footprint Management Market
- 8.3.1 Mexico Carbon Footprint Management Market by Deployment
- 8.3.2 Mexico Carbon Footprint Management Market by Organization Size
- 8.3.3 Mexico Carbon Footprint Management Market by Component
- 8.3.4 Mexico Carbon Footprint Management Market by Vertical
- 8.4 Rest of North America Carbon Footprint Management Market
- 8.4.1 Rest of North America Carbon Footprint Management Market by Deployment
- 8.4.2 Rest of North America Carbon Footprint Management Market by Organization Size
- 8.4.3 Rest of North America Carbon Footprint Management Market by Component
- 8.4.4 Rest of North America Carbon Footprint Management Market by Vertical
- Chapter 9. Company Profiles
- 9.1 Schneider Electric SE
- 9.1.1 Company Overview
- 9.1.2 Financial Analysis
- 9.1.3 Segmental and Regional Analysis
- 9.1.4 Research & Development Expense
- 9.1.5 Recent strategies and developments:
- 9.1.5.1 Partnerships, Collaborations, and Agreements:
- 9.1.5.2 Product Launches and Product Expansions:
- 9.1.5.3 Business Expansions:
- 9.1.6 SWOT Analysis
- 9.2 SAP SE
- 9.2.1 Company Overview
- 9.2.2 Financial Analysis
- 9.2.3 Segmental and Regional Analysis
- 9.2.4 Research & Development Expense
- 9.2.5 Recent strategies and developments:
- 9.2.5.1 Partnerships, Collaborations, and Agreements:
- 9.2.5.2 Product Launches and Product Expansions:
- 9.2.6 SWOT Analysis
- 9.3 Salesforce, Inc.
- 9.3.1 Company Overview
- 9.3.2 Financial Analysis
- 9.3.3 Regional Analysis
- 9.3.4 Research & Development Expense
- 9.3.5 Recent strategies and developments:
- 9.3.5.1 Partnerships, Collaborations and Agreements:
- 9.3.5.2 Product Launches and Product Expansions:
- 9.3.6 SWOT Analysis
- 9.4 IBM Corporation
- 9.4.1 Company Overview
- 9.4.2 Financial Analysis
- 9.4.3 Regional & Segmental Analysis
- 9.4.4 Research & Development Expenses
- 9.4.5 Recent strategies and developments:
- 9.4.5.1 Acquisition and Mergers:
- 9.4.6 SWOT Analysis
- 9.5 ENGIE
- 9.5.1 Company Overview
- 9.5.2 Financial Analysis
- 9.5.3 Segmental and Regional Analysis
- 9.5.4 Recent strategies and developments:
- 9.5.4.1 Partnerships, Collaborations, and Agreements:
- 9.5.4.2 Product Launches and Product Expansions:
- 9.6 Intelex Technologies, ULC (Industrial Scientific Corporation)
- 9.6.1 Company Overview
- 9.6.2 Financial Analysis
- 9.6.3 Segmental and Regional Analysis
- 9.6.4 Research & Development Expense
- 9.7 IsoMetrix
- 9.7.1 Company Overview
- 9.8 Cority Software, Inc. (Thoma Bravo)
- 9.8.1 Company Overview
- 9.8.2 Recent strategies and developments:
- 9.8.2.1 Acquisition and Mergers:
- 9.8.2.2 Product Launches and Product Expansions:
- 9.9 Dakota Software Corporation
- 9.9.1 Company Overview
- 9.10. Locus Technologies
- 9.10.1 Company Overview
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