About Carbon Management Software
Carbon management software is a type of software that helps organizations to measure, report, and reduce their carbon footprint and other greenhouse gas (GHG) emissions. It allows businesses to track and manage their carbon emissions across various activities, such as energy consumption, transportation, and waste management and provides insights to help organizations identify areas for improvement and reduce their carbon footprint. Carbon management software typically includes features such as data collection and analysis, emissions tracking and reporting, carbon offsetting, scenario modeling, and sustainability reporting. The software can also help organizations comply with regulations and reporting requirements related to carbon emissions, such as the Carbon Disclosure Project (CDP) and the Greenhouse Gas Protocol. The carbon management software market is growing due to increasing government regulations, investor pressure, and consumer demand for sustainable and eco-friendly products and services. Companies in industries such as manufacturing, energy, transportation, and retail are increasingly adopting carbon management software to reduce their carbon footprint and improve their sustainability performance. The market includes a range of vendors offering software solutions tailored to specific industries and business needs.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Market players are focusing on providing Carbon Management Software composites with higher quality along with complying with all regulatory standards to fascinate more end users. They are also focusing on the introduction of numerous advanced & attractive features to further offer qualified Carbon Management Software composites. The market is fragmented owing to the presence of several international and domestic providers. The high focus on offering cost-effective product offerings. Besides, the numerous industry profitability has led to the entry of new players, in turn, increasing the level of rivalry in the already competitive market. Analyst at AMA Research estimates that European and United States Players will contribute the maximum growth to Global Carbon Management Software market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
IBM Corporation (United States), Accenture PLC (Ireland), SAP SE (Germany), IHS Markit Ltd (United Kingdom), GreenIntelli (United States), Cority Software Inc. (Canada), Accruent (United States), CA Technologies (United States), Dakota Software (United States), Johnson Controls (Ireland) and Accuvio (United Kingdom) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Sinosoft (China), Green Step Solutions (Canada), Verisae Inc. (United States), Mitsubishi Electric US, Inc. (United States) and Veolia Environnement S.A (France).
Segmentation Overview
AMA Research has segmented the market of Global Carbon Management Software market by , Application (Energy, Greenhouse Gas Management, Air Quality Management, Sustainability and Other) and Region.
On the basis of geography, the market of Carbon Management Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Deployment Mode, the sub-segment i.e. Cloud-Based will boost the Carbon Management Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Industry Verticals, the sub-segment i.e. Oil and Gas will boost the Carbon Management Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Service, the sub-segment i.e. Consulting will boost the Carbon Management Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Solution, the sub-segment i.e. Data Management will boost the Carbon Management Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
The Companies around the World have started to Improve the Efficiencies of their Operations
Market Growth Drivers:
Growing Emphasis on Reducing Carbon Footprints and Increasing Need for Eco-Friendly Services are Pushing the Growth of carbon management software
Challenges:
intense competition among the Competitors
Restraints:
Lack of Skilled working Professionals
Opportunities:
Increasing Demand for Carbon Management Software from Oil and Gas Industry
Market Leaders and their expansionary development strategies
In March 2019, Mitsubishi Electric US, Inc. launched the BEAM AX, an energy management system, an intuitive, cloud-based solution for analyzing energy usage and costs in commercial buildings resulting in data-driven actionable insights.
In June 2019, Veolia Environnement S.A. has launched a new tool for the energy, water, and waste sectors to help achieve a low carbon future to save both the environment and money. The web-based platform is capable of evaluating the complete carbon and water use of business activities. The system is intended for footprint calculation and Greenhouse Gas (GHG) reduction, potentially saving them thousands of pounds per year.
Key Target Audience
Carbon Management Software Providers, Research Organizations and Consulting Companies, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors, End Users and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.