Carbon Footprint Management Market Report 2025

The carbon footprint management market size has grown steadily in recent years. It will grow from $10.6 billion in 2024 to $11.11 billion in 2025 at a compound annual growth rate (CAGR) of 4.8%. The growth in the historic period can be attributed to an increase in demand for energy consumption, rising pollution rates, increasing vehicle sales, and increasing emissions from aviation.

The carbon footprint management market size is expected to see strong growth in the next few years. It will grow to $15.15 billion in 2029 at a compound annual growth rate (CAGR) of 8.1%. The growth in the forecast period can be attributed to government support, implementation of COP26 to limit global warming and steadily expanding construction and infrastructure. Major trends in the forecast period include leveraging AI to accurately monitor and predict emissions, focusing on new technological solutions to stay competitive in the market, leveraging blockchain technology to improve carbon traceability, and focusing on partnerships and collaborations to develop new technologies.

Governments around the globe have implemented various initiatives to minimize carbon footprints and pollution. For example, in October 2024, the U.S. Department of Energy’s Office of Fossil Energy and Carbon Management (FECM), a government agency addressing climate change efforts, announced more than $58.5 million in federal funding for 11 projects aimed at creating a commercially viable carbon dioxide removal industry in the U.S. This funding will facilitate pilot projects and testing facilities focused on demonstrating and scaling technologies that effectively extract carbon dioxide directly from the atmosphere.

Increasing global temperatures are anticipated to be a significant factor driving the growth of the carbon footprint management market in the forecast period. These rising temperatures are primarily caused by the heightened concentration of greenhouse gases in the atmosphere, particularly carbon dioxide (CO2) and methane (CH4), stemming from human activities such as burning fossil fuels, deforestation, and industrial processes. Carbon footprint management aids in addressing rising global temperatures by enabling organizations to measure and reduce their greenhouse gas emissions, thereby contributing to global efforts to mitigate climate change and enhance sustainability. For instance, in January 2024, a report published by the NOAA (National Oceanic and Atmospheric Administration) National Centers for Environmental Information, a U.S.-based organization that provides reliable climate, weather, and environmental data, indicated that global surface temperatures recorded by NOAA reached 1.27°C (2.29°F) above the 20th-century average of 12.2°C (54.0°F), marking the warmest January on record. This notable increase, compared to the 0.89°C (1.60°F) global surface temperature recorded in January 2022, highlights the ongoing trend of rising temperatures. Consequently, increasing global temperatures will drive the carbon footprint management market moving forward.

Major companies in the carbon emission management market are prioritizing enterprise sustainability by integrating advanced technologies like AI-powered emissions footprinting solutions to meet the growing demand for regulating carbon emissions. These AI-powered solutions allow companies to accurately assess and visualize carbon emissions associated with their products throughout the development process, utilizing a comprehensive library of emission factors to enhance transparency and efficiency. For instance, in July 2024, CO2 AI, a France-based sustainability management software company, launched a new generative AI-powered solution for calculating product emissions footprints, enabling businesses to accurately compute the carbon emissions of their products. This innovation improves the speed and accuracy of emissions assessments by leveraging a library of over 110,000 emission factors and facilitates better transparency and visualization of emissions hotspots during the product development cycle.

Key players in the carbon footprint management market are pursuing strategic partnerships to enhance technology integration and broaden their market reach. A strategic partnership generally refers to a collaborative relationship between two or more organizations that combines their resources, expertise, and efforts to achieve shared goals. For example, in August 2024, China Petroleum & Chemical Corporation (Sinopec), a China-based oil and gas company, launched the Energy and Chemical Industry Chain Carbon Footprint Alliance in Beijing in collaboration with eight major Chinese firms, including China National Petroleum Corporation (CNPC) and China National Offshore Oil Corporation (CNOOC). The alliance aims to develop a comprehensive carbon footprint management system with an improved calculation mechanism by 2027, supporting the sectors and China’s transition to a low-carbon future. Members will work on establishing accounting standards for 20 key products and creating a localized carbon footprint factor database to enhance transparency and standard recognition.

In May 2022, ESP, a New Zealand-based firm specializing in energy efficiency and decarbonization, acquired BraveGen for an undisclosed sum. This acquisition enables ESP to merge their offerings, providing comprehensive carbon and energy efficiency management services to businesses globally. This includes Software as a Service (SaaS) for monitoring and reporting, alongside robust consulting services. BraveGen, also based in New Zealand, specializes in enterprise carbon accounting, environmental compliance, and sustainability management systems.

Major companies operating in the carbon footprint management market include IBM Corporation, Salesforce.com, Inc., Engie SA, SAP SE, Simble Solutions Ltd, Enablon, Schneider Electric SE, GreenStep Solutions Inc, IsoMetrix Software, Dakota Software Corporation, Altilium, Yokogawa India, SGS India, Mitsui, Pwc Japan Group, Enking International, Carbon Trust China, Carbonstop, Enesource, Carbon Care Asia, Sphera, Carbon Intelligence, Planetly, Compact Carbon Capture (3C), Accuvio, Cority Software Inc, Energycap LLC, Intelex Technologies Inc, Locus Technologies, Nativeenergy Inc, Johnson Controls, Accenture PLC, Velocityehs And Carbon Trust, Envirosoft Corporation, Energywatch's Watch Wire, Metricstrac, Processmap EHS Software, Carbon Footprint Ltd, Shagaya Clean Energy Development, Greencarbon Co. W.L.L, Tristar Group, Alternative Energy Projects Co, Starsight Energy.

North America was the largest region in the carbon footprint management market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the carbon footprint management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the carbon footprint management market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

The carbon footprint management system is a technological tool that measures human activities' environmental impact, specifically in carbon dioxide equivalents. It aids organizations in pinpointing areas to minimize material, water, waste, and energy usage, ultimately reducing the company's carbon footprint.

These systems typically consist of solutions and services, encompassing consulting, integration, support, maintenance, and deployment modes such as on-premise or cloud-based. They find application across various sectors such as manufacturing, IT, residential and commercial buildings, transportation, energy, and utilities.

The carbon footprint management market research report is one of a series of new reports that provides carbon footprint management market statistics, including carbon footprint management industry global market size, regional shares, competitors with a carbon footprint management market share, detailed carbon footprint management market segments, market trends and opportunities, and any further data you may need to thrive in the carbon footprint management industry. This carbon footprint management market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The carbon footprint management market includes revenues earned by entities by providing software tools that are used to track organizations' carbon footprint to the roadmap to a more efficient business by reducing the consumption of fossil energy. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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