Press release
Carbon Footprint Management Market Business Strategies, Growth, Size, Share, Latest Insights And Forecast To 2032: Accuvio, Carbon EMS, Enviance, EnergyCAP LLC, ENGIE Impact, Envirosoft Corporation
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032Carbon Footprint Management Market Size, Growth Rate, And Forecast
The global carbon footprint management market size grew from $9.34 billion in 2022 to $9.96 billion in 2023 at a compound annual growth rate (CAGR) of 6.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The carbon footprint management market size is expected to grow to $12.4 billion in 2027 at a CAGR of 5.6%.
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Carbon Footprint Management Market Drivers
The introduction of various carbon emission policies by governments in carbon footprint management is expected to propel the growth of the carbon footprint management market. Governments across the world have taken various initiatives to reduce carbon footprint and pollution. For instance, in May 2021, the German government set new targets to reduce its carbon footprint. Under the new targets, Germany will aim for a 65%, 88%, and nearly 0% net carbon emission by 2030, 2040, and 2045 respectively. As a result, organizations have been instructed by governments to follow the norms and regulations. The adherence requirements for reducing carbon footprint would result in a growth in the demand for carbon footprint management systems as it assists organizations in identifying avenues for reducing their carbon footprint.
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Carbon Footprint Management Market Segments
• By Component: Solution, Services
• By Deployment: On-Premises, Cloud
• By Vertical: Manufacturing, IT And Telecom, Residential And Commercial Buildings, Transportation And Logistics, Energy And Utilities, Other Verticals
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the carbon footprint management market.
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Carbon Footprint Management Market Key Players
Major competitors in the carbon footprint management market are Accuvio, Carbon EMS, Enviance, EnergyCAP LLC, ENGIE Impact, Envirosoft Corporation, Intelex Technologies Inc., IsoMetrix Software, Locus Technologies, NativeEnergy Inc.
The Business Research Company's "Global Carbon Footprint Management Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Carbon Footprint Management Market Include:
1. Executive Summary
2. Carbon Footprint Management Market Characteristics
3. Carbon Footprint Management Market Trends And Strategies
4. Carbon Footprint Management Market - Macro Economic Scenario
5. Carbon Footprint Management Market Size And Growth
………………
27. Carbon Footprint Management Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Carbon Footprint Management Market
29. Carbon Footprint Management Market Future Outlook and Potential Analysis
30. Appendix
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