Market Size And Forecast: Carbon Management Software 2023-2029
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Executive Summary
This report helps carbon management software vendors and investors understand the current and future state of the market. The Verdantix market size and forecasting model incorporates census data, regulatory and macroeconomic drivers, vendor revenue data and global survey responses to forecast the growth of the global carbon management software market up to and including 2029. The model also segments the market by region and industry. Verdantix shows that the global market was worth more than $557 million in 2023 and will grow at a CAGR of 19% from 2023 to 2029.Compliance, operational efficiency and stakeholder pressure drive carbon management software spend
Market size data reflect the current penetration rate of carbon management software by region and industry
Spending on carbon management software reached almost $560 million in 2023
Disclosure requirements and pressure to decarbonize operations and supply chains will drive software spend over the next six years
The carbon management software market will reach $1.5 billion in 2029
Figure 2. Breakdown of industries included in our market size and forecast
Figure 3. Geographic breakdown of core countries within six regions
Figure 4. Carbon management software market by region: 2023
Figure 5. Carbon management software market by industry: 2023
Figure 6. The carbon management software market will grow fastest in Asia
Figure 7. Manufacturing, wholesale and retail trade, and finance will be the largest spenders in 2029
About the Authors
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Alessandra Leggieri
Senior Analyst
Alessandra is a Senior Analyst at Verdantix, specializing in carbon management and software for product carbon footprints. Her research spans over 100 vendors in the carbon ma...
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Ryan Skinner
Research Director
Ryan is a Research Director at Verdantix, where he leads a team of analysts delivering research, data and advisory services that help clients navigate the fast-evolving landsc...
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