Market Size And Forecast: Carbon Management Software 2021-2027 (Global)
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Executive Summary
This report helps executives at carbon management software vendors, service providers active in the carbon management space and investors in carbon management software understand the current state and size of the market. This report provides an analysis of the trends and drivers that will influence the market up to 2027. The Verdantix model calculated a market size of $343 million in 2021, with growth at a CAGR of 28% to reach $1.4 billion in 2027, influenced by upcoming mandatory climate-related regulations from 2024 to 2026, but also macroeconomic and voluntary drivers. Our analysis includes regional breakdowns, as well as software adoption according to emissions-based industry groupings.
Table of contents
Despite Economic Instability, The Carbon Management Software Market is Expected To Boom
Market Size Data Reflect The Revenues Of Carbon Management Software Providers, Customer Tech Preferences And Spending Priorities
Spending On Carbon Management Software Exceeded $340 Million In 2021
Regulatory Drivers Have The Biggest Influence On Market Growth
Voluntary Reporting And Net Zero Commitments Accelerate Demand For Carbon Management Software
The Carbon Management Software Market Is Expected To Surpass $1.4 Billion In 2027
Market Size Data Reflect The Revenues Of Carbon Management Software Providers, Customer Tech Preferences And Spending Priorities
Spending On Carbon Management Software Exceeded $340 Million In 2021
Regulatory Drivers Have The Biggest Influence On Market Growth
Voluntary Reporting And Net Zero Commitments Accelerate Demand For Carbon Management Software
The Carbon Management Software Market Is Expected To Surpass $1.4 Billion In 2027
Table of figures
Figure 1. Verdantix Market Size And Forecast ApproachFigure 2. One In 10 Corporates Expect To Double Investment In Carbon Management Year On Year
Figure 3. Industries Categorized By Emissions Type
Figure 4. North American Buyers Accounted For Nearly Half Of Carbon Management Software Revenue In 2021
Figure 5. Fossil-Fuel-Intrinsic And Hard-To-Abate Emissions Industries Accounted For More Than $100 Million Of Software Spend In 2021
Figure 6. Mandatory Climate-Related Disclosure Reporting Is a Top Priority To Increase Spend
Figure 7. Voluntary Reporting And SBTi Certification Are Important Priorities To Increase Spend
Figure 8. The Carbon Management Software Market Will Grow Fastest In EMEA, Reaching $0.65 Billion In 2027
Figure 9. Financed Emissions Industries Will Increase Their Spend On Carbon Management Software The Fastest, Growing At A 31% CAGR
Organisations mentioned
CDP, Ecosystem Marketplace, EU Emissions Trading System (ETS), Google, Greenhouse Gas Protocol, GRI, Hong Kong Exchanges and Clearing Limited (HKEX), International Monetary Fund (IMF), International Sustainability Standards Board (ISSB), Microsoft, Novartis, SASB, Science Based Targets initiative (SBTi), Sustainable Finance Disclosure Regulation (SFDR), Task Force on Climate-related Financial Disclosures (TCFD), Unilever, US Securities and Exchange Commission (SEC)About the authors
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