Carbon Management Software Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025

Carbon Management Software Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025

  • Transparency Market Research
  • Ongoing
  • ICT

Report Description

Carbon management is a process which manages the balance between environment and organizational activities in order to maximize operational efficiencies of companies and also minimizing the carbon footprint which ultimately contribute to the climate. Organizations are using carbon management software in order to measure or reduce carbon footprints, fulfill government mandates, and meet corporate objectives. Carbon management software helps and supports organizations in implementing and planning their strategies related to carbon management. The main concern for most organizations across the globe is increasing amount of greenhouse gas (GHG) emissions due to their operations. One of the most harmful gas to deal with in carbon management is CO2. It needs significant efforts to monitor, measure its levels, and reduce its emission. Carbon management software helps to measure, plan, store, report carbon, and manage emissions related to different organizational activities. Apart from environmental concerns, carbon management software has rising demand globally due to its immediate advantages or positive impact, such as improved operational efficiency, communication of business metrics to stakeholders, differentiation of operations, improved product and image, compliance with regulatory mandates, and mitigating the business risks of climate change.

There are various factors driving the growth of the carbon management software market. One of the key factors is change in the outlook toward green initiatives. Due to this changed outlook, businesses and consumers are more aware about the present and future consequences of today’s towards company’s carbon footprint. The other factor accelerating the demand for carbon management software is the need for better brand positioning. Players in the market always face strong competition, and carbon management is one of the tactics to maintain brand positioning. The striking growth of this software market is attributed to several initiatives by governments in order to maintain environmental and corporate sustainability. Also, automation and digital transformation are positively impacting the growth of the carbon management software market. Another key factor is reduced prices of carbon management software due to intense competition in the market which is contributing to the growth of the carbon management software market. Organizations are driven to use carbon management software due to the reduced prices. However, software for carbon management requires considerable training and for employees, this factor majorly hampers the growth of the carbon management software market. Interoperability issues and system integration are also major challenges for carbon software vendors.

The carbon management software market is segmented on the basis of service, software, application, and region. By service, the market is bifurcated into consulting, implementation, outsourcing, training and software support, and maintenance. On the basis of software, the market is segregated into groups which includes software - counts only direct CO2 from fuel, software - count direct CO2 and indirect CO2, . Furthermore, the market is divided based on applications into air quality management, energy, greenhouse gas management, sustainability, and others. Geographically, the carbon management software market is segmented over North America, Europe, South America, Asia Pacific, and Middle East & Africa. North America is expected to dominate the carbon management software market due to rapid digital transformation. Also, growth in the IT sector in South America is anticipated to further fuel the market growth.

Key players in the carbon management software market include Advantage IQ, CA Technologies, ESS, Enablon, Enviance, Hara, CarbonView, HIS, Verisae, Green Oak Solutions, Greenstone Carbon Management, ProcessMAP, Camco, PE International, Foresite Systems, and Schneider Electric. These players are actively involved in organic and inorganic growth strategies in order to gain competitive advantage over others in the industry. Partnerships, collaborations, new product launches, and agreements are some of the vital strategies followed by.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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