PUBLISHER: MarketsandMarkets | PRODUCT CODE: 1790690
PUBLISHER: MarketsandMarkets | PRODUCT CODE: 1790690
The carbon footprint management market is estimated to be valued at USD 15.07 billion in 2025 and USD 38.14 billion by 2030, recording a CAGR of 20.4% during the forecast period. Increasing government initiatives to reduce carbon emissions, rising industrial energy consumption, and growing corporate emphasis on sustainability reporting are key factors driving the carbon footprint management market.
Scope of the Report | |
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Years Considered for the Study | 2021-2030 |
Base Year | 2024 |
Forecast Period | 2025-2030 |
Units Considered | Value (USD Million/USD Billion) |
Segments | By Component, By Deployment Mode, By Organization Size, By Vertical, and Region |
Regions covered | Asia Pacific, North America, Europe, the Middle East & Africa, and South America |
Governments worldwide implement strict environmental rules, prompting industries to adopt carbon monitoring solutions. Meanwhile, higher energy demands across different sectors force organizations to improve their usage and reduce emissions. Additionally, businesses are putting more emphasis on environmental, social, and governance (ESG) compliance, further accelerating the adoption of carbon footprint management solutions.
"By vertical, the manufacturing segment is expected to record the highest CAGR in the carbon footprint management market during the forecast period."
The manufacturing industry, by vertical, is expected to grow at the highest CAGR from 2025 to 2030, owing to various government and industry regulations to support green and sustainable economic activities. Several national, regional, and local governments have enacted carbon taxes and related measures, such as energy taxes, to reduce greenhouse gas emissions. As of 2024, over 65 carbon pricing initiatives-carbon taxes-are in place or scheduled globally, covering about 22% of world emissions. Additionally, to reduce their carbon footprint, many nations impose strict tax rules and regulations on their business and industrial sectors, contributing to the segmental growth.
"Based on deployment mode, the cloud technology segment is projected to hold the largest market share in 2030."
The cloud technology segment is expected to hold the largest share of the carbon footprint management market in 2030. The surge in cloud computing demand is a major boon for carbon footprint management, due to optimized energy use, advanced cooling, server virtualization, and increasing reliance on renewable energy by major providers. This shift enables companies to significantly cut their carbon footprint as they scale digital operations. Cloud deployment offers numerous benefits, including enhanced IT security, around-the-clock support, greater scalability, and increased operational speed. These advantages make cloud-based solutions highly attractive to organizations across various sectors. It provides flexibility by allowing businesses to scale their resources up or down based on demand, which optimizes costs and improves efficiency.
"North America is expected to dominate the carbon footprint management market between 2025 and 2030."
North America led the carbon footprint management market and is expected to maintain its strong position during the forecast period. This leadership stems from the region's proactive approach to tackling climate change through stricter environmental regulations, corporate sustainability initiatives, and investments in green technologies. Additionally, rapid economic shifts and a growing public awareness of the increasing carbon emissions augment the demand for effective carbon management solutions. As more businesses and governments prioritize climate action, the region is likely to see continued growth in this sector, supporting its transition toward a more sustainable and low-carbon future.
By Company Type: Tier 1 - 40%, Tier 2 - 35%, and Tier 3 - 25%
By Designation: C-Level - 35%, Directors - 25%, and Others - 40%
By Region: Asia Pacific - 60%, North America - 10%, Europe - 15%, and RoW - 15%
Others include sales managers, engineers, and regional managers.
Note: Tier 1 Company-Revenue > USD 5 billion, Tier 2 Company-Revenue between USD 50 million and USD 5 billion, and Tier 3 Company-Revenue < USD 50 million
The global carbon footprint management market is dominated by a few major players with an extensive regional presence and many local players. Players in the carbon footprint management market include SAP SE (Germany), Salesforce, Inc. (US), ENGIE (France), Schneider Electric (France), IBM (US), Carbon Footprint Ltd. (UK), IsoMetrix (Australia), Intelex Technologies (Canada), Trinity Consultants, Inc. (US), Dakota Software Corporation (US), Enablon (France), Envirosift (UK), Enviance (US), Accuvio (Ireland), ESP (UK), Ideagen (UK), Native (US), EnergyCAP, LLC. (US), Locus Technologies (US), EcoTrack (US), and The Carbon Trust (UK).
The report defines, describes, and forecasts the carbon footprint management market by component, deployment mode, organization size, vertical, and region. It also offers a detailed qualitative and quantitative analysis of the market. The report provides a comprehensive review of the major market drivers, restraints, opportunities, and challenges. It also covers various important aspects of the market, including the analysis of the competitive landscape, market dynamics, market estimates in terms of value and volume, and future trends in the carbon footprint management market.
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