Emerging Trends to Reshape the Carbon Accounting Software Market: Advancements In AI-Powered Carbon Accounting Software For Sustainable Emissions Management as a Key Influencer

Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.

Carbon Accounting Software Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size for carbon accounting software has seen tremendous growth lately. Projected to rise from $18.56 billion in 2024 to $22.77 billion in 2025, it's expected to witness a compound annual growth rate (CAGR) of 22.7%. The significant rise during the historical period can be ascribed to a surge in environmental regulations and reporting necessities, corporate sustainability efforts and targets for reducing greenhouse gas emissions, escalated awareness about climate change and environmental outcomes, developments in data analytics and reporting methodologies, along with growing stakeholder demand for clear disclosure of emissions.

Carbon Accounting Software Market Size Forecast: What's the Projected Valuation by 2029?
One can anticipate spectacular growth in the carbon accounting software market size in the ensuing years, escalating to $52.35 billion in 2029 with a compound annual growth rate (CAGR) of 23.1%. The growth during the predicted period will be driven by the broadening of carbon pricing and emissions trading schemes, the fusion of carbon accounting with enterprise resource planning (ERP) systems, the utilization of artificial intelligence and machine learning for enhanced data scrutiny, demand for immediate tracking and reporting capabilities, and concentration on supply chain emissions oversight. Crucial developments during the projection period also encompass a shift towards cloud-based carbon accounting solutions, stress on standardization and obedience to international reporting structures, burgeoning use of blockchain technology for emissions monitoring and verification, emergence of integrated sustainability management platforms, and inter-organizational cooperation and data exchange impacting collective emissions reduction.

View the full report here:
https://www.thebusinessresearchcompany.com/report/carbon-accounting-software-global-market-report

What Are the Drivers Transforming the Carbon Accounting Software Market?
The surge in government efforts to reach net-zero emissions is projected to drive the carbon accounting software market's growth. The reference to net-zero emissions initiatives by the government pertains to the measures, strategies, and schemes adopted by leading nations to reach a level of equilibrium where the total greenhouse gas (GHG) emissions generated are equal to the amount extracted from the atmosphere, thereby achieving a net-zero carbon footprint. The escalation in such governmental initiatives is credited to rising worries about climate change and its ensuing detrimental impact on the environment, natural habitats, and human health. Carbon accounting software aids companies in adhering to these regulations by granting them access to tools for precise measuring, monitoring, and reporting of emission data. For example, a report released by a US governmental body, the White House, in December 2023 stated that the U.S. government is aiming to reach net-zero emissions across its functions by 2050, with a designated target of cutting emissions by 65% by 2030. Furthermore, they plan to establish a net-zero emissions building portfolio by 2045, setting an intervening target of a 50% cut in emissions by 2032. Thus, the growth of the carbon accounting software market is being fueled by escalating government initiatives moving towards net-zero emissions.

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=14282&type=smp

What Long-Term Trends Will Define the Future of the Carbon Accounting Software Market?
In an endeavor to build more sophisticated solutions such as CERius, leading corporations in the carbon accounting software market are incorporating Artificial Intelligence (AI) to increase data precision, streamline analytical processes, and offer actionable insights for effective carbon footprint minimization. This involves the application of AI to enhance decarbonization planning, improve emission tracking, and facilitate data-informed decision-making to fulfill sustainability objectives across varied sectors. A case in point is the launch of CERius in September 2023, an AI-driven carbon emission management software by GE Vernova, a US-based firm that specializes in delivering solutions for managing carbon emissions. This software assists energy companies in their journey towards net-zero goals by offering precise data and planning capabilities for emissions reduction, thereby allowing organizations to measure, administer, and implement the required insights for achieving carbon-neutral emission objectives accurately. CERius collects greenhouse gas data, allows scenario analysis, encourages teamwork, and provides standardized reporting in line with greenhouse gas protocols. The software intends to aid energy companies in decarbonization planning, team cooperation, emissions monitoring, and compliance reporting, thereby leading to an enhanced decision-making process for devising carbon reduction strategies.

Which Segments in the Carbon Accounting Software Market Offer the Most Profit Potential?
The carbon accounting software market covered in this report is segmented -

1) By Software Type: Emission Management Software, Software For Carbon Offsetting, Software For Energy Management
2) By Deployment: Cloud-Based, On-Premise
3) By Industry: Energy And Utilities, IT And Telecom, Healthcare, Transportation And Logistics, Retail, Construction And Infrastructure, Food And Beverages, Chemicals, Other Industry

Subsegments:
1) By Emission Management Software: Carbon Footprint Calculation And Reporting, Emission Tracking And Monitoring, Emission Reduction Target Setting, Emission Data Analytics, Regulatory Compliance Management, Carbon Reporting For Stakeholders
2) By Software For Carbon Offsetting: Carbon Credit Management, Carbon Offset Portfolio Management, Offset Project Tracking, Carbon Offset Validation And Verification, Integration With Carbon Offset Providers, Reporting And Documentation For Offsetting Activities
3) By Software For Energy Management: Energy Consumption Tracking And Analysis, Energy Efficiency Optimization, Renewable Energy Integration, Smart Grid Management, Energy Data Analytics And Reporting, Demand Response Management

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=14282&type=smp

Which Firms Dominate the Carbon Accounting Software Market by Market Share and Revenue in 2025?
Major companies operating in the carbon accounting software market are Persefoni AI Inc., SAP SE, Net0 Software Limited, Diligent Corporation, IBM Environmental Intelligence Suite, Sphera Solutions Inc., Envizi, Emitwise Ltd., OneTrust LLC, Carbon Analytics, Greenly Company, Carbon Clear Limited, Sinai Technologies, CarbonetiX, Salesforce Inc., Rev-ID International Ltd., CarbonChain Inc., Watershed Technology Inc., Pangolin Associates Pty. Ltd., eValue8 B.V, Carbonstop, South Pole Group, Ecometrica, Climate Earth Inc., TerraPass Inc

Which Regions Offer the Highest Growth Potential in the Carbon Accounting Software Market?
North America was the largest region in the carbon accounting software market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the carbon accounting software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=14282

This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 7882 955267,
Asia: +91 88972 63534,
Americas: +1 310-496-7795 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.