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Global Carbon Management Software Market to reach USD XX billion by the end of 2029.

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

Product Code: ICTEITS-20283320
Publish Date: 9-05-2023
Page: 200

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:
Ø 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.
Ø 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
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

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

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
1.2.1. Carbon Management Software Market, by Region, 2019-2029 (USD Billion)
1.2.2. Carbon Management Software Market, by Software , 2019-2029 (USD Billion)
1.2.3. Carbon Management Software Market, by Basis of Service, 2019-2029 (USD Billion)
1.2.4. Carbon Management Software Market, by Application, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Carbon Management Software Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Carbon Management Software Market Dynamics
3.1. Carbon Management Software Market Impact Analysis (2019-2029)
3.1.1. Market Drivers
3.1.1.1. A growing number of government policies and regulations to limit carbon emission
3.1.1.2. Growing demand for energy consumption by industries
3.1.2. Market Challenges
3.1.2.1. High Cost of Carbon Management Software
3.1.3. Market Opportunities
3.1.3.1. Rising cloud integration
3.1.3.2. Rising number of technological advancements
Chapter 4. Global Carbon Management Software Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion
Chapter 5. Risk Assessment: COVID-19 Impact
5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Carbon Management Software Market, by Software
6.1. Market Snapshot
6.2. Global Carbon Management Software Market by Software , Performance – Potential Analysis
6.3. Global Carbon Management Software Market Estimates & Forecasts by Software 2019-2029 (USD Billion)
6.4. Carbon Management Software Market, Sub Segment Analysis
6.4.1. Counts only direct CO2 from fuel
6.4.2. Count direct CO2 and indirect CO2
Chapter 7. Global Carbon Management Software Market, by Basis of Service
7.1. Market Snapshot
7.2. Global Carbon Management Software Market by Basis of Service, Performance – Potential Analysis
7.3. Global Carbon Management Software Market Estimates & Forecasts by Basis of Service 2019-2029 (USD Billion)
7.4. Carbon Management Software Market, Sub Segment Analysis
7.4.1. Consulting
7.4.2. Implementation
7.4.3. Outsourcing
7.4.4. Training and software support
7.4.5. Maintenance
Chapter 8. Global Carbon Management Software Market, by Application
8.1. Market Snapshot
8.2. Global Carbon Management Software Market by Application, Performance – Potential Analysis
8.3. Global Carbon Management Software Market Estimates & Forecasts by Application 2019-2029 (USD Billion)
8.4. Carbon Management Software Market, Sub Segment Analysis
8.4.1. Air Quality Management
8.4.2. Energy
8.4.3. Greenhouse Gas Management
8.4.4. Sustainability
8.4.5. Others
Chapter 9. Global Carbon Management Software Market, Regional Analysis
9.1. Carbon Management Software Market, Regional Market Snapshot
9.2. North America Carbon Management Software Market
9.2.1. U.S. Carbon Management Software Market
9.2.1.1. Software breakdown estimates & forecasts, 2019-2029
9.2.1.2. Basis of Service breakdown estimates & forecasts, 2019-2029
9.2.1.3. Application breakdown estimates & forecasts, 2019-2029
9.2.2. Canada Carbon Management Software Market
9.3. Europe Carbon Management Software Market Snapshot
9.3.1. U.K. Carbon Management Software Market
9.3.2. Germany Carbon Management Software Market
9.3.3. France Carbon Management Software Market
9.3.4. Spain Carbon Management Software Market
9.3.5. Italy Carbon Management Software Market
9.3.6. Rest of Europe Carbon Management Software Market
9.4. Asia-Pacific Carbon Management Software Market Snapshot
9.4.1. China Carbon Management Software Market
9.4.2. India Carbon Management Software Market
9.4.3. Japan Carbon Management Software Market
9.4.4. Australia Carbon Management Software Market
9.4.5. South Korea Carbon Management Software Market
9.4.6. Rest of Asia Pacific Carbon Management Software Market
9.5. Latin America Carbon Management Software Market Snapshot
9.5.1. Brazil Carbon Management Software Market
9.5.2. Mexico Carbon Management Software Market
9.5.3. Rest of Latin America Carbon Management Software Market
9.6. Rest of The World Carbon Management Software Market

Chapter 10. Competitive Intelligence
10.1. Top Market Strategies
10.2. Company Profiles
10.2.1. Accenture
10.2.1.1. Key Information
10.2.1.2. Overview
10.2.1.3. Financial (Subject to Data Availability)
10.2.1.4. Product Summary
10.2.1.5. Recent Developments
10.2.2. Carbonetworks Corporation
10.2.3. Enviance
10.2.4. Foresite Systems
10.2.5. Greenstone Carbon Management
10.2.6. International Business Machines Corporation
10.2.7. SAP SE
10.2.8. Symantec Corporation
10.2.9. Advantage IQ Inc
10.2.10. Sphera Solutions Inc.
Chapter 11. Research Process
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

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Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
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