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North America Carbon Accounting Software Market Size, Share & Trends Analysis Report By Deployment (Cloud and On-premises), By Enterprise Size (Large Enterprises and SMEs), By End-use (IT & Telecom and Others), By Country and Growth Forecast, 2024 - 2031

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    Report

  • 121 Pages
  • September 2024
  • Region: North America
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 6007456
The North America Carbon Accounting Software Market would witness market growth of 21.0% CAGR during the forecast period (2024-2031).

The US market dominated the North America Carbon Accounting Software Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $20.72 billion by 2031. The Canada market is experiencing a CAGR of 23.3% during (2024 - 2031). Additionally, the Mexico market would exhibit a CAGR of 22.6% during (2024 - 2031).



This market refers to the industry that provides software solutions designed to help organizations measure, manage, and report their carbon emissions. This software serves a critical role in the contemporary landscape of environmental sustainability. It provides a systematic approach to quantify, monitor, and report greenhouse gas (GHG) emissions. The primary applications of this software include. Organizations can monitor emissions all over the supply chain, from purchasing raw materials to dispatching goods, using this software.

In addition, this software can assess the environmental impact of products throughout their lifecycle, from production and use to disposal. This lifecycle analysis helps understand products' full carbon footprint and make informed decisions about product design and materials. The software can integrate with eco-design tools to provide insights into how product design choices affect emissions, supporting the development of more sustainable products.

Canada has experienced a rise in carbon emissions, particularly from the oil and gas sector, transportation, and industrial activities. This increase is a major concern for achieving national and international climate targets. According to the Government of Canada, Canada’s total GHG emissions in 2022 were 708 megatons of carbon dioxide equivalent (Mt CO2 eq), a 1.3% increase from 698 Mt CO2 eq in 2021. Between 1990 and 2022, Canada’s GHG emissions increased by 16.5% (100 Mt CO2 eq). Canada has implemented carbon pricing mechanisms, such as carbon taxes and cap-and-trade systems, to incentivize emission reductions. These regulations require businesses to measure and report their emissions accurately, driving the demand for carbon accounting software that can handle complex regulatory compliance. Therefore, increasing carbon emissions in the region are driving the growth of the market.

Based on Deployment, the market is segmented into Cloud and On-premises. Based on Enterprise Size, the market is segmented into Large Enterprises and SMEs. Based on End-use, the market is segmented into Energy & Utilities, IT & Telecom, Transportation & Logistics, Healthcare, Retail, Food & Beverages, Construction & Infrastructure, Chemicals, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled

  • IBM Corporation
  • SAP SE
  • Salesforce, Inc.
  • Microsoft Corporation
  • Persefoni AI Inc.
  • Sphera Solutions, Inc.
  • Offspend (Greenly)
  • Diligent Corporation
  • SINAI Technologies, Inc.
  • Net0

Market Report Segmentation

By Deployment

  • Cloud
  • On-premises

By Enterprise Size

  • Large Enterprises
  • SMEs

By End-use

  • Energy & Utilities
  • IT & Telecom
  • Transportation & Logistics
  • Healthcare
  • Retail
  • Food & Beverages
  • Construction & Infrastructure
  • Chemicals
  • Others

By Country

  • US
  • Canada
  • Mexico
  • Rest of North America

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Carbon Accounting Software Market, by Deployment
1.4.2 North America Carbon Accounting Software Market, by Enterprise Size
1.4.3 North America Carbon Accounting Software Market, by End-use
1.4.4 North America Carbon Accounting Software Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
4.1 Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.2.4 Geographical Expansions
4.3 Market Share Analysis, 2023
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
4.4.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2022, Jun - 2024, Jul) Leading Players
4.5 Porter Five Forces Analysis
Chapter 5. North America Carbon Accounting Software Market by Deployment
5.1 North America Cloud Market by Country
5.2 North America On-premises Market by Country
Chapter 6. North America Carbon Accounting Software Market by Enterprise Size
6.1 North America Large Enterprises Market by Country
6.2 North America SMEs Market by Country
Chapter 7. North America Carbon Accounting Software Market by End-use
7.1 North America Energy & Utilities Market by Country
7.2 North America IT & Telecom Market by Country
7.3 North America Transportation & Logistics Market by Country
7.4 North America Healthcare Market by Country
7.5 North America Retail Market by Country
7.6 North America Food & Beverages Market by Country
7.7 North America Construction & Infrastructure Market by Country
7.8 North America Chemicals Market by Country
7.9 North America Others Market by Country
Chapter 8. North America Carbon Accounting Software Market by Country
8.1 US Carbon Accounting Software Market
8.1.1 US Carbon Accounting Software Market by Deployment
8.1.2 US Carbon Accounting Software Market by Enterprise Size
8.1.3 US Carbon Accounting Software Market by End-use
8.2 Canada Carbon Accounting Software Market
8.2.1 Canada Carbon Accounting Software Market by Deployment
8.2.2 Canada Carbon Accounting Software Market by Enterprise Size
8.2.3 Canada Carbon Accounting Software Market by End-use
8.3 Mexico Carbon Accounting Software Market
8.3.1 Mexico Carbon Accounting Software Market by Deployment
8.3.2 Mexico Carbon Accounting Software Market by Enterprise Size
8.3.3 Mexico Carbon Accounting Software Market by End-use
8.4 Rest of North America Carbon Accounting Software Market
8.4.1 Rest of North America Carbon Accounting Software Market by Enterprise Size
8.4.2 Rest of North America Carbon Accounting Software Market by Deployment
8.4.3 Rest of North America Carbon Accounting Software Market by End-use
Chapter 9. Company Profiles
9.1 Persefoni AI Inc.
9.1.1 Company Overview
9.1.2 Recent strategies and developments
9.1.2.1 Partnerships, Collaborations, and Agreements
9.1.2.2 Product Launches and Product Expansions
9.2 Offspend (Greenly)
9.2.1 Company Overview
9.3 SINAI Technologies, Inc.
9.3.1 Company Overview
9.3.2 Recent strategies and developments
9.3.2.1 Partnerships, Collaborations, and Agreements
9.3.3 SWOT Analysis
9.4 Net0
9.4.1 Company Overview
9.4.2 Recent strategies and developments
9.4.2.1 Geographical Expansions
9.4.3 SWOT Analysis
9.5 Sphera Solutions, Inc. (Blackstone)
9.5.1 Company Overview
9.5.2 Recent strategies and developments
9.5.2.1 Partnerships, Collaborations, and Agreements
9.5.2.2 Acquisition and Mergers
9.5.3 SWOT Analysis
9.6 Diligent Corporation (Insight Partners)
9.6.1 Company Overview
9.6.2 Recent strategies and developments
9.6.2.1 Partnerships, Collaborations, and Agreements
9.6.2.2 Product Launches and Product Expansions
9.6.2.3 Acquisition and Mergers
9.6.3 SWOT Analysis
9.7 IBM Corporation
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Regional & Segmental Analysis
9.7.4 Research & Development Expenses
9.7.5 Recent strategies and developments
9.7.5.1 Partnerships, Collaborations, and Agreements
9.7.5.2 Product Launches and Product Expansions
9.7.6 SWOT Analysis
9.8 SAP SE
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Regional Analysis
9.8.4 Research & Development Expense
9.8.5 Recent strategies and developments
9.8.5.1 Partnerships, Collaborations, and Agreements
9.8.5.2 Product Launches and Product Expansions
9.8.6 SWOT Analysis
9.9 Salesforce, Inc.
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Regional Analysis
9.9.4 Research & Development Expenses
9.9.5 Recent strategies and developments
9.9.5.1 Partnerships, Collaborations, and Agreements
9.9.5.2 Product Launches and Product Expansions
9.9.6 SWOT Analysis
9.10. Microsoft Corporation
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Segmental and Regional Analysis
9.10.4 Research & Development Expenses
9.10.5 Recent strategies and developments
9.10.5.1 Partnerships, Collaborations, and Agreements
9.10.5.2 Product Launches and Product Expansions
9.10.6 SWOT Analysis

Companies Mentioned

  • IBM Corporation
  • SAP SE
  • Salesforce, Inc.
  • Microsoft Corporation
  • Persefoni AI Inc.
  • Sphera Solutions, Inc.
  • Offspend (Greenly)
  • Diligent Corporation
  • SINAI Technologies, Inc.
  • Net0

Methodology

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