The Carbon Accounting Software Market Size was estimated at USD 12.5 billion in 2022, and it is anticipated to reach USD 65.06 billion by 2030, growing at a CAGR of 22.9% over the forecast period of 2023–2030.
The process of analyzing, computing, measuring, and reporting a company's greenhouse gas (GHG) emissions for auditing is called carbon accounting software. Utilizing this software enables businesses to improve their carbon release management. Better financial opportunities for businesses are made possible because investors are more inclined to fund a company that strives to reduce its carbon emissions. This promotes greater transparency among interested parties and prospective investors. The best carbon footprint software will precisely measure emissions data and provide insightful information for your company.
Get more information on Carbon Accounting Software Market - Request Free Sample Report
Effective management of greenhouse gas emissions necessitates a comprehensive strategy and additional strategic regulation. Even while many businesses have attempted to monitor emissions in recent years, their audit has a long way to go before it is entirely thorough and useful, extending beyond manual data collecting in Excel.
Drivers
Consistently increasing government initiatives to reduce the emission of carbon and greenhouse gases.
Carbon accounting software are help to reduce the cost of enterprises.
By creating energy-related rules and regulations, governments from various nations are taking steps to limit carbon emissions. Enterprises are being persuaded to use carbon accounting software in their operations by the financial impact of non-compliance and the increased customer demand for energy-efficient products. By developing regulations and recommendations to lower environmental pollution levels and greenhouse gas levels, several organizations are concentrating on global warming.
Restrains
Demand for carbon accounting software is reduced due to rapidly increasing greenwashing.
Fossil fuel businesses may use "greenwashing" to falsely claim that they are promoting sustainability. The idea that businesses and organizations should sell their sustainable contributions is criticized as being dishonest and detrimental. Businesses have engaged in "greenwashing" by showcasing their clean energy and pollution reduction measures in press releases and ads. Several businesses have been implicated in greenwashing in different ways.
Opportunities
The built-in capabilities of the carbon accounting software include automated data collecting, time-saving automatic invoice uploads, and predictive analytics for identifying missing data.
Challenges
Policies on carbon emission are increasing continuously.
The carbon accounting software is facing the challenge of difficulty in capturing energy usage data.
The COVID-19 pandemic has had a significant negative impact on the world economy due to the widespread implementation of lockdowns. Due to increased government efforts to start regulating carbon emissions, the market was unaffected during the epidemic. Investors, consumers, and even staff are driving the transition to sustainable company practices. Additionally, reporting on carbon footprint assessment is becoming quicker and simpler because of the use of technologies like blockchain in supply chains and logistics. Additionally, better data management enables suppliers to compute emissions more precisely and transparently. SAP announced the Climate 21 program in June 2020 to assist clients in tracking their climate-related goals. Customers can use the SAP Product Carbon Impact Analytics tool to understand their carbon impact.
The Carbon Accounting Software Market is segmented into two types on the basis of by Deployment, and by Industry.
By Deployment:
Cloud-based
On-premise
By Industry:
Energy & Utilities
IT & Telecom
Healthcare
Transportation & Logistics
Retail
Construction & Infrastructure
Food & Beverages
Chemicals
Others
.png)
Need any customization research/data on Carbon Accounting Software Market - Enquiry Now
High market growth over the projection period will come from North America. The region's market for carbon accounting software is significantly influenced by the US. This region's market will grow more quickly than those in South America and Europe. Carbon accounting software market expansion in North America will be driven by worries about rising CO2 emissions during the forecasted period.
The Asia Pacific region is also dominant after North America, Countries like China, and India are dominating countries in this region China is a major contributor to the energy-related emissions of CO2 it is having high growth in semiconductors, electronics, and pharmaceuticals resulting in an increase in greenhouse gases emission.
In the regional analysis study of the regions of North America, Europe, Asia Pacific middle east, and Africa.
REGIONAL COVERAGE:
North America
USA
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Europe
Asia-Pacific
Japan
South Korea
China
India
Australia
Rest of Asia-Pacific
The Middle East & Africa
Israel
UAE
South Africa
Rest of the Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
The key players are Persefoni AI, IBM Environmental Intelligence Suite, Sphera, Emitwise, Sinai Technologies, Net Zero Cloud by Salesforce, Greenly, Net0, Sweep, Diligent Corporation and Other Players.
Using Sphera's Life Cycle Assessment (LCA) automation tools, Eastman, a forward-thinking multinational specialty materials firm, will collaborate with Sphera, the company said in November 2022. Businesses might acquire a thorough real-time analysis of the environmental tracking of their product ranges rapidly thanks to the LCA automation system. Additionally, it would help companies more successfully by lowering their greenhouse gas emissions at every stage of production, from design to assembly.
In February 2022, Salesforce established a carbon accounting software hub in Adelaide in collaboration with the South Australian government. To enable the enhanced capability to capture the report on carbon emissions throughout supply chains, the partnership would combine net zero clouds with machine learning.
| Report Attributes | Details |
| Market Size in 2022 | US$ 12.5 Bn |
| Market Size by 2030 | US$ 65.06 Bn |
| CAGR | CAGR of 22.9% From 2023 to 2030 |
| Base Year | 2022 |
| Forecast Period | 2023-2030 |
| Historical Data | 2020-2021 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Deployment (Cloud-based and On-premise) • By Industry (Energy & Utilities, IT & Telecom, Healthcare, Transportation & Logistics, Retail, Construction & Infrastructure, Food & Beverages, Chemicals, and Others) |
| Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
| Company Profiles | Persefoni AI, IBM Environmental Intelligence Suite, Sphera, Emitwise, Sinai Technologies, Net Zero Cloud by Salesforce, Greenly, Net0, Sweep, Diligent Corporation |
| Key Drivers | • Consistently increasing government initiatives to reduce the emission of carbon and greenhouse gases. • Carbon accounting software are help to reduce the cost of enterprises. |
| Market Opportunities | • The built-in capabilities of the carbon accounting software include automated data collecting, time-saving automatic invoice uploads, and predictive analytics for identifying missing data. |
The CAGR of the Carbon Accounting Software Market for the forecast period 2022-2030 is 22.9 %.
USD 12.5 billion in 2022 is the market share of the Carbon Accounting Software Market.
The major worldwide key players in the Carbon Accounting Software Market are Persefoni AI, IBM Environmental Intelligence Suite, Sphera, Emitwise, Sinai Technologies, and others in the final report.
The forecast period for the Carbon Accounting Software Market is 2022-2030.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.3 Impact of Ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Carbon Accounting Software Market Segmentation, by Deployment
8.1 Cloud-based
8.2 On-premise
9. Carbon Accounting Software Market Segmentation, by Industry
9.1 Energy & Utilities
9.2 IT & Telecom
9.3 Healthcare
9.4 Transportation & Logistics
9.5 Retail
9.6 Construction & Infrastructure
9.7 Food & Beverages
9.8 Chemicals
9.9 Others
10. Regional Analysis
10.1 Introduction
10.2 North America
10.2.1 North America Carbon Accounting Software Market by Country
10.2.2North America Carbon Accounting Software Market by Deployment
10.2.3 North America Carbon Accounting Software Market by Industry
10.2.4 USA
10.2.4.1 USA Carbon Accounting Software Market by Deployment
10.2.4.2 USA Carbon Accounting Software Market by Industry
10.2.5 Canada
10.2.5.1 Canada Carbon Accounting Software Market by Deployment
10.2.5.2 Canada Carbon Accounting Software Market by Industry
10.2.6 Mexico
10.2.6.1 Mexico Carbon Accounting Software Market by Deployment
10.2.6.2 Mexico Carbon Accounting Software Market by Industry
10.3 Europe
10.3.1 Europe Carbon Accounting Software Market by Country
10.3.2 Europe Carbon Accounting Software Market by Deployment
10.3.3 Europe Carbon Accounting Software Market by Industry
10.3.4 Germany
10.3.4.1 Germany Carbon Accounting Software Market by Deployment
10.3.4.2 Germany Carbon Accounting Software Market by Industry
10.3.5 UK
10.3.5.1 UK Carbon Accounting Software Market by Deployment
10.3.5.2 UK Carbon Accounting Software Market by Industry
10.3.6 France
10.3.6.1 France Carbon Accounting Software Market by Deployment
10.3.6.2 France Carbon Accounting Software Market by Industry
10.3.7 Italy
10.3.7.1 Italy Carbon Accounting Software Market by Deployment
10.3.7.2 Italy Carbon Accounting Software Market by Industry
10.3.8 Spain
10.3.8.1 Spain Carbon Accounting Software Market by Deployment
10.3.8.2 Spain Carbon Accounting Software Market by Industry
10.3.9 The Netherlands
10.3.9.1 Netherlands Carbon Accounting Software Market by Deployment
10.3.9.2 Netherlands Carbon Accounting Software Market by Industry
10.3.10 Rest of Europe
10.3.10.1 Rest of Europe Carbon Accounting Software Market by Deployment
10.3.10.2 Rest of Europe Carbon Accounting Software Market by Industry
10.4 Asia-Pacific
10.4.1 Asia Pacific Carbon Accounting Software Market by Country
10.4.2 Asia Pacific Carbon Accounting Software Market by Deployment
10.4.3 Asia Pacific Carbon Accounting Software Market by Industry
10.4.4 japan
10.4.4.1 Japan Carbon Accounting Software Market by Deployment
10.4.4.2 Japan Carbon Accounting Software Market by Industry
10.4.5 South Korea
10.4.5.1 South Korea Carbon Accounting Software Market by Deployment
10.4.5.2 South Korea Carbon Accounting Software Market by Industry
10.4.6 China
10.4.6.1 China Carbon Accounting Software Market by Deployment
10.4.6.2 China Carbon Accounting Software Market by Industry
10.4.7 India
10.4.7.1 India Carbon Accounting Software Market by Deployment
10.4.7.2 India Carbon Accounting Software Market by Industry
10.4.8 Australia
10.4.8.1 Australia Carbon Accounting Software Market by Deployment
10.4.8.2 Australia Carbon Accounting Software Market by Industry
10.4.9 Rest of Asia-Pacific
10.4.9.1 APAC Carbon Accounting Software Market by Deployment
10.4.9.2 APAC Carbon Accounting Software Market by Industry
10.5 The Middle East & Africa
10.5.1 The Middle East & Africa Carbon Accounting Software Market by Country
10.5.2 The Middle East & Africa Carbon Accounting Software Market by Deployment
10.5.3 The Middle East & Africa Carbon Accounting Software Market by Industry
10.5.4 Israel
10.5.4.1 Israel Carbon Accounting Software Market by Deployment
10.5.4.2 Israel Carbon Accounting Software Market by Industry
10.5.5 UAE
10.5.5.1 UAE Carbon Accounting Software Market by Deployment
10.5.5.2 UAE Carbon Accounting Software Market by Industry
10.5.6 South Africa
10.5.6.1 South Africa Carbon Accounting Software Market by Deployment
10.5.6.2 South Africa Carbon Accounting Software Market by Industry
10.5.7 Rest of Middle East & Africa
10.5.7.1 Rest of Middle East & Asia Carbon Accounting Software Market by Deployment
10.5.7.2 Rest of Middle East & Asia Carbon Accounting Software Market by Industry
10.6 Latin America
10.6.1 Latin America Carbon Accounting Software Market by Country
10.6.2 Latin America Carbon Accounting Software Market by Deployment
10.6.3 Latin America Carbon Accounting Software Market by Industry10.6.4 Latin
10.6.4 brazil
10.6.4.1 Brazil Carbon Accounting Software Market by Deployment
10.6.4.2 Brazil Africa Carbon Accounting Software Market by Industry
10.6.5 Argentina
10.6.5.1 Argentina Carbon Accounting Software Market by Deployment
10.6.5.2 Argentina Carbon Accounting Software Market by Industry
10.6.6 Rest of Latin America
10.6.6.1 Rest of Latin America Carbon Accounting Software Market by Deployment
10.6.6.2 Rest of Latin America Carbon Accounting Software Market by Industry
11. Company Profile
11.1 Persefoni AI
11.1.1 Market Overview
11.1.2 Financials
11.1.3 Product/Services/Offerings
11.1.4 SWOT Analysis
11.1.5 The SNS View
11.2 Sphera
11.2.1 Market Overview
11.2.2 Financials
11.2.3 Product/Services/Offerings
11.2.4 SWOT Analysis
11.2.5 The SNS View
11.3 IBM Environmental Intelligence Suite.
11.3.1 Market Overview
11.3.2 Financials
11.3.3 Product/Services/Offerings
11.3.4 SWOT Analysis
11.3.5 The SNS View
11.4 Emitwise.
11.4.1 Market Overview
11.4.2 Financials
11.4.3 Product/Services/Offerings
11.4.4 SWOT Analysis
11.4.5 The SNS View
11.5 Sinai Technologies
11.5.1 Market Overview
11.5.2 Financials
11.5.3 Product/Services/Offerings
11.5.4 SWOT Analysis
11.5.5 The SNS View
11.6 Net Zero Cloud by Salesforce.
11.6.1 Market Overview
11.6.2 Financials
11.6.3 Product/Services/Offerings
11.6.4 SWOT Analysis
11.6.5 The SNS View
11.7 Greenly
11.7.1 Market Overview
11.7.2 Financials
11.7.3 Product/Services/Offerings
11.7.4 SWOT Analysis
11.7.5 The SNS View
11.8 Net0
11.8.1 Market Overview
11.8.2 Financials
11.8.3 Product/Services/Offerings
11.8.4 SWOT Analysis
11.8.5 The SNS View
11.9 Sweep
11.9.1 Market Overview
11.9.2 Financials
11.9.3 Product/Services/Offerings
11.9.4 SWOT Analysis
11.9.5 The SNS View
11.10 Diligent Corporation.
11.10.1 Market Overview
11.10.2 Financials
11.10.3 Product/Services/Offerings
11.10.4 SWOT Analysis
11.10.5 The SNS View
12. Competitive Landscape
12.1 Competitive Benchmarking
12.2 Market Share Analysis
12.3 Recent Developments
13. USE Cases and Best Practices
14. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
The Endpoint Security Market size was valued at USD 15.74 billion in 2022 and is expected to grow to USD 28.96 billion by 2030 and grow at a CAGR of 7.92 % over the forecast period of 2023-2030.
The Queue Management System Market size was USD 0.8 billion in 2022 and is expected to Reach USD 1.42 billion by 2030 and grow at a CAGR of 7.5 % over the forecast period of 2023-2030.
The Oil and Gas Security and Service Market size was USD 27.3 billion in 2022 and is expected to Reach USD 44.1 billion by 2030 and grow at a CAGR of 6.2 % over the forecast period of 2023-2030.
Smart Workplace Market is anticipated to develop at a CAGR of 14.98% from 2023 to 2030, from a value of USD 18.03 billion in 2022 to USD 55.07 billion in 2030.
The Wireless Gas Detection Market size was valued at USD 1.7 billion in 2022. It is estimated to hit USD 2.53 billion by 2030 and grow at a CAGR of 5.1% over the forecast period of 2023-2030.
The Fleet Management Software Market size was valued at USD 22.38 billion in 2022 and is expected to grow to USD 80.26 billion by 2030 and grow at a CAGR of 17.31 % over the forecast period of 2023-2030.
Hi! Click one of our member below to chat on Phone
© 2024 All Rights Reserved by SNS Insider Pvt Ltd
