Government Net-Zero Initiatives Drive Growth In Carbon Accounting Software Market Emerges as a Core Driver of the Carbon Accounting Software Market in 2025

Use code ONLINE20 to get 20% 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 a remarkable increase in recent years. It is projected to expand from a value of $18.56 billion in 2024 to $22.6 billion in 2025, translating to a compound annual growth rate (CAGR) of 21.8%. The surge during the historical phase was fuelled by factors such as the introduction of more stringent environmental laws and reporting obligations, initiatives centered on corporate sustainability and the targets set for reducing greenhouse gas emissions. Enhanced understanding about climate change and its environmental consequences, advances in data analysis and reporting mechanisms, and augmented demand from stakeholders for transparency in emissions reports also contributed to its growth.

Carbon Accounting Software Market Size Forecast: What's the Projected Valuation by 2029?
In the coming years, the carbon accounting software market is predicted to experience significant growth, expanding to a valuation of $51.64 billion in 2029 with a Compound Annual Growth Rate (CAGR) of 22.9%. This growth in the projected period can be largely ascribed to several factors. These include the widening of carbon pricing and emissions trading schemes, the integration of carbon accounting into enterprise resource planning (ERP) systems, the adoption of Artificial Intelligence (AI) and Machine Learning for improved data analysis, the requirement for real-time tracking and reporting, and a focus on managing supply chain emissions. There are also several notable trends during this forecast period, such as a shift towards cloud-based carbon accounting platforms, emphasis on standardizing and complying with international reporting frameworks, the growing application of blockchain technology for tracking and verifying emissions, the emergence of combined sustainability management platforms, as well as enhanced collaboration and data sharing amongst organizations for a united effort towards 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 escalation of government efforts towards zero-net emissions is forecasted to significantly fuel the expansion of the carbon accounting software market. The concept of zero-net emissions pertains to the strategies, actions, and measures established by the governments of major nations aimed at completely negating the carbon footprint by balancing the total generated greenhouse gas (GHG) emissions with the amount eliminated from the atmosphere. Such governmental movements are consequent to the mounting worry over climate change and its destructive impact on humanity, ecosystems, and the environment. To adhere to these mandates, businesses are employing carbon accounting software, which aids in accurately measuring, tracing, and reporting emission data. For example, a report from the White House, a US governmental agency, in December 2023, disclosed that by 2050, the U.S. government targets to achieve zero-net emissions in its operations, with a specific objective to curtail emissions by 65% come 2030. In addition, there are plans to establish a building portfolio of zero-net emissions by 2045, with a provisional target of a 50% reduction in emissions by 2032. As a result, the heightened government actions aimed at zero-net emissions are propelling the growth of the carbon accounting software market.

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?
The primary players in the carbon accounting software market are prioritizing the incorporation of artificial intelligence (AI) to devise superior solutions like CERius that heighten data precision, automate analytical processes, and offer useful insights for effective carbon footprint diminution. This also entails the fusion of AI to bolster decarbonization planning, enhance emissions tracking, and aid informed decision-making, thereby ensuring the attainment of sustainability goals across various sectors. For instance, GE Vernova, a company with a US-base that excels in delivering carbon emission management solutions, unveiled CERius in September 2023. It is touted as an AI-infused carbon emissions management software specifically fashioned to aid energy companies on their journey towards accomplishing their net-zero targets. The software offers data exactness and planning capabilities to abate emissions, thereby enabling businesses to accurately gauge, manage, and utilize insights essential for tracking their carbon-neutral emission objectives. The greenhouse gas data collection process in the software is automated, offers scenario analysis, promotes teamwork, and provides standard reports based on greenhouse gas protocols. Its primary objective is to support energy companies with decarbonization planning, collaboration amongst teams, emissions tracking, and compliance reporting, hence promoting more precise decision-making for carbon reduction strategies.

Which Segments in the Carbon Accounting Software Market Offer the Most Profit Potential?
The carbon accounting softwaremarket 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
Saumya Sahey
Europe: +44 7882 955267,
Asia: +44 7882 955267 & +91 8897263534,
Americas: +1 310-496-7795
Email: saumyas@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.