PUBLISHER: Grand View Research | PRODUCT CODE: 1869887
PUBLISHER: Grand View Research | PRODUCT CODE: 1869887
Carbon Accounting Software Market Report Summary
The global carbon accounting software market size was valued at USD 11.86 billion in 2024 and is projected to reach USD 67.58 billion by 2033, expanding at a CAGR of 22.1% from 2025 to 2033. This growth is driven by the increasing global awareness and regulatory pressure to reduce carbon emissions and address climate change.
Organizations across various industries are adopting carbon accounting software to accurately measure, track, and report their carbon footprints. This software facilitates compliance with stringent environmental regulations and supports corporate sustainability initiatives by providing real-time insights into carbon emissions across operations.
The increasing emphasis on corporate sustainability is driving businesses to emphasize their environmental initiatives. Carbon accounting software enables companies to transparently monitor and report their carbon footprint, showcasing their dedication to sustainability and appealing to eco-conscious consumers and investors. The carbon accounting software industry also benefits from the increasing adoption of cloud-based solutions, which offer scalability and ease of access, making carbon accounting more accessible to small and medium-sized enterprises. With the ongoing global shift towards sustainability and the decarbonization of industries, the carbon accounting software market is poised for robust growth in the coming years, playing a crucial role in helping businesses meet their environmental objectives.
Many governments and regulatory bodies mandate organizations to report their carbon footprint and greenhouse gas (GHG) emissions as part of strict environmental regulations or voluntary initiatives like the Carbon Disclosure Project (CDP) or the Task Force on Climate-related Financial Disclosures (TCFD). Carbon accounting software aids organizations in meeting these regulatory requirements and standards by offering standardized reporting templates and efficient data management tools. These factors are generating significant opportunities for the adoption of carbon accounting software in the market.
Global Carbon Accounting Software Market Report Segmentation
This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the global carbon accounting software market report based on deployment, enterprise size, end use, and region: