Carbon Footprint Management Market 2024-2033: Global Outlook, Business Statistics, Latest Trends And Major Players

The carbon footprint management market size has grown strongly in recent years. It will grow from $9.65 billion in 2023 to $10.18 billion in 2024 at a compound annual growth rate (CAGR) of 5.5%. The growth in the historic period can be attributed to increase in demand for energy consumption, rising pollution rates, increasing vehicle sales and increasing emissions from aviation.

The carbon footprint management market size is expected to see strong growth in the next few years. It will grow to $12.73 billion in 2028 at a compound annual growth rate (CAGR) of 5.7%. The growth in the forecast period can be attributed to government support, implementation of cop26 to limit global warming and steadily expanding construction and infrastructure. Major trends in the forecast period include leveraging ai to accurately monitor and predict emissions, focus on new technological solutions to stay competitive in the market, leveraging blockchain technology to improve carbon traceability and focusing on partnerships and collaborations to develop new technologies.

Market Overview -
A carbon footprint management system is a technological solution for measuring the impact of human activity on the environment expressed as a carbon dioxide equivalent. This tool allows organizations to identify opportunities for reducing material, water, waste, and energy use, thus reducing the carbon footprint of the company.

Download Free Sample of Report -
https://www.thebusinessresearchcompany.com/sample.aspx?id=5349&type=smp

Governments' Carbon Emission Policies Fuel Growth In The Carbon Footprint Management Market
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.

Competitive Landscape -
Major companies operating in the carbon footprint management market report are IBM Corporation, Salesforce.com, Inc., Engie SA, SAP SE, Simble Solutions Ltd, Enablon, Schneider Electric SE, GreenStep Solutions Inc, IsoMetrix Software, Dakota Software Corporation, Altilium, Yokogawa India, SGS India, Mitsui, Pwc Japan Group, Enking International, Carbon Trust China, Carbonstop, Enesource, Carbon Care Asia, Sphera, Carbon Intelligence, Planetly, Compact Carbon Capture (3C), Accuvio, Cority Software Inc, Energycap LLC, Intelex Technologies Inc, Locus Technologies, Nativeenergy Inc, Johnson Controls, Velocityehs And Carbon Trust, Envirosoft Corporation, Energywatch's Watch Wire, Metricstrac, Processmap EHS Software, Carbon Footprint Ltd, Shagaya Clean Energy Development, Greencarbon Co. W.L.L, Tristar Group, Alternative Energy Projects Co, Starsight Energy.

Companies Drive Growth In Carbon Emission Management Market Through Innovative Solutions
The rising focus on enterprise sustainability among organizations is a key trend gaining popularity in the carbon emission management market. Major companies operating in the carbon emission management sector are focused on launching new products to meet the rising market demand for regulating their carbon emission. For instance, in June 2021, a France-based information technology services and consulting company, Capgemini, launched Sustainable IT, an offering designed to assist IT companies in reducing their carbon footprint. The new offering is meant to support clients on their sustainability journey through its technical expertise, customized approach, and strong partner ecosystem using Capgemini's global sustainability offering framework.

Browse Full Report @
https://www.thebusinessresearchcompany.com/report/carbon-footprint-management-global-market-report

Key Segments -
The carbon footprint management market covered in this report is segmented -
1) By Component: Solution, Services
2) By Deployment: On-Premises, Cloud
3) By Vertical: Manufacturing, IT And Telecom, Residential And Commercial Buildings, Transportation And Logistics, Energy And Utilities, Other Verticals

Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.

Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps

This release was published on openPR.