According to IMARC Group’s latest research report, titled “Carbon Management Software Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” offers a comprehensive analysis of the industry, which comprises insights into the carbon management software market size. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global carbon management software market size reached US$ 13.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 26.99 Billion by 2028, exhibiting a growth rate (CAGR) of 12.02% during 2023-2028.
Carbon Management Software Market Overview:
Carbon management software is a powerful tool designed to assist organizations in monitoring, measuring, and reducing their carbon emissions and overall environmental impact. It offers a complete platform that makes it possible for companies to effectively measure and analyze their carbon footprint across a range of activities, including energy use, travel, waste management, and supply chain operations. When it gathers and aggregates data on greenhouse gas emissions, energy use, and other pertinent environmental metrics, it often connects with data sources and systems already in place inside an organization. Carbon management software enables businesses to produce precise reports, visualize data patterns, and pinpoint regions with high carbon intensity or inefficiency. Organizations may make educated judgments and create efficient plans for minimizing their environmental impact by receiving thorough insights into carbon emissions.
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Carbon Management Software Market Trends:
The implementation of strict governmental regulations for ecological conservation majorly drives the global market. This can be supported by the rising environmental consciousness across the globe. Industries are adopting policies that comply with environmental regulations set by different countries, leading to increased utilization of carbon management software. Along with this, the widespread adoption of carbon management software by various firms to implement enterprise sustainability and corporate social responsibility (CSR) programs is significantly supporting the market. In addition, non-governmental organizations (NGOs) are creating awareness among the public about available solutions for carbon footprint management, which is acting as another growth-inducing factor. Apart from this, the increasing shift to cloud computing and the rise of the paperless economy, particularly during the COVID-19 pandemic, are contributing to the market. Furthermore, the integration of artificial intelligence (AI), the Internet of Things (IoT), cloud computing, and big data analytics solutions to enhance control and reduce the risk of data loss in carbon footprint management operations is creating a positive market outlook.
Key Market Segmentation:
Competitive Landscape with Key Players:
- ENGIE Impact
- GreenStep Solutions Inc.
- Greenstone+ Ltd.
- Metrix Software Solutions (Pty) Ltd.
- Salesforce Inc.
- SAP SE
- Sphera Solutions Inc.
- Wolters Kluwer N.V.
Component Insights:
- Software
- Services
Application Insights:
- Energy
- Greenhouse Gas Management
- Air Quality Management
- Sustainability
Industry Insights:
- Manufacturing
- IT and Telecom
- Government Sector
- Energy and Power
- Others
Regional Insights:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key Highlights of the Report:
- Market Performance
- Market Outlook
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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