The global carbon accounting software market size was valued at USD 18.7 Million in 2024. Looking forward, the analyst estimates the market to reach USD 94.5 Million by 2033, exhibiting a CAGR of 18.7% from 2025-2033. North America currently dominates the market, holding a market share of over 36.8% in 2024. The increasing consumer demand for clean-label products, rising health consciousness, stringent regulations on synthetic colors, expanding product application in beverages and bakery sectors, and the heightened awareness of the environmental benefits of natural alternatives are some of the prime factors contributing to the carbon accounting software market share and overall market expansion.
Carbon accounting software is a specialized software solution that allows companies to monitor and report their greenhouse gas (GHG) emissions accurately. It is designed to streamline the complex process of carbon accounting, making it easier for businesses to assess their environmental impact and take appropriate actions to reduce emissions. One of the key advantages of carbon accounting software is its ability to automate data collection and analysis. It provides tools and functionalities to gather data on energy consumption, transportation, waste management, and other relevant factors.
This data is then processed and converted into carbon emissions metrics, such as carbon dioxide equivalents (CO2e), providing companies with a clear picture of their environmental performance. Additionally, carbon accounting software enables companies to generate reports and track progress over time, facilitating compliance with regulatory requirements and sustainability targets.
In line with this, global climate agreements, such as the Paris Agreement, and initiatives like the Science-Based Targets (SBT), are encouraging companies to adopt carbon accounting software to set emissions reduction targets and track progress, further creating a positive outlook for the market. Furthermore, the growing software utilization across various industries to assess and manage the carbon emissions of the supply chains and surging awareness regarding climate change and its potential impacts are providing an impetus to the market growth.
Regional Insights:
Carbon accounting software is a specialized software solution that allows companies to monitor and report their greenhouse gas (GHG) emissions accurately. It is designed to streamline the complex process of carbon accounting, making it easier for businesses to assess their environmental impact and take appropriate actions to reduce emissions. One of the key advantages of carbon accounting software is its ability to automate data collection and analysis. It provides tools and functionalities to gather data on energy consumption, transportation, waste management, and other relevant factors.
This data is then processed and converted into carbon emissions metrics, such as carbon dioxide equivalents (CO2e), providing companies with a clear picture of their environmental performance. Additionally, carbon accounting software enables companies to generate reports and track progress over time, facilitating compliance with regulatory requirements and sustainability targets.
Carbon Accounting Software Market Trends:
The global carbon accounting software market is experiencing remarkable growth, driven by the stringent environmental regulations imposed by governments of various nations. This is further supported by the increasing corporate focus on sustainability and social responsibility. Besides this, the growing investor interest in sustainability and the integration of artificial intelligence (AI) and machine learning (ML) technologies within carbon accounting software are driving market growth. Moreover, the increasing focus on energy efficiency initiatives and the rising energy costs and sustainability goals are propelling the market growth.In line with this, global climate agreements, such as the Paris Agreement, and initiatives like the Science-Based Targets (SBT), are encouraging companies to adopt carbon accounting software to set emissions reduction targets and track progress, further creating a positive outlook for the market. Furthermore, the growing software utilization across various industries to assess and manage the carbon emissions of the supply chains and surging awareness regarding climate change and its potential impacts are providing an impetus to the market growth.
Key Market Segmentation:
This report provides an analysis of the key trends in each segment of the global carbon accounting software market, along with forecast at the global, regional, and country levels from 2025-2033. The market has been categorized based on deployment and industry.Deployment Insights:
- Cloud-based
- On-premises
Industry Insights:
- Energy and Utilities
- IT and Telecom
- Healthcare
- Transportation and Logistics
- Retail
- Construction and Infrastructure
- Food and Beverages
- Chemicals
- Others
Regional Insights:
- North America
- United States
- Canada
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the global carbon accounting software market. Detailed profiles of all major companies have been provided. Some of the companies covered include BraveGen (Energy Solution Providers Limited), Carbon Analytics Limited, CarbonetiX, Carbonstop, Emitwise, Evalue8 Sustainability, Intelex Technologies Inc. (Industrial Scientific Corporation), Net0, Normative, SAP SE, Simble Solutions Ltd., Sphera Solutions In, etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.Key Questions Answered in This Report:
- How big is the carbon accounting software market?
- What is the future outlook of carbon accounting software market?
- What are the key factors driving the carbon accounting software market?
- Which region accounts for the largest carbon accounting software market share?
- Which are the leading companies in the global carbon accounting software market?
Table of Contents
1 Preface3 Executive Summary10 Value Chain Analysis12 Price Analysis
2 Scope and Methodology
4 Introduction
5 Global Carbon Accounting Software Market
6 Market Breakup by Deployment
7 Market Breakup by Industry
8 Market Breakup by Region
9 Drivers, Restraints, and Opportunities
11 Porters Five Forces Analysis
13 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- BraveGen (Energy Solution Providers Limited)
- Carbon Analytics Limited
- CarbonetiX
- Carbonstop
- Emitwise
- Evalue8 Sustainability
- Intelex Technologies Inc. (Industrial Scientific Corporation)
- Net0
- Normative
- SAP SE
- Simble Solutions Ltd.
- Sphera Solutions Inc.
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 144 |
| Published | April 2025 |
| Forecast Period | 2024 - 2033 |
| Estimated Market Value ( USD | $ 18.7 Million |
| Forecasted Market Value ( USD | $ 94.5 Million |
| Compound Annual Growth Rate | 19.7% |
| Regions Covered | Global |
| No. of Companies Mentioned | 12 |
