Carbon Footprint Management Market Size Estimated to Soar Higher in 2025

Global Carbon Footprint Management Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2019-2025- Increasing adoption of carbon footprint management software by enterprises owing to rising greenhouse emissions, growing regulatory compliances by government, are the major factors for driving the growth of Global Carbon Footprint Management Market.

Global Carbon Footprint Management Market is valued at USD 9.23 Billion in 2018 and expected to reach USD 12.17 Billion by 2025 with the CAGR of 4.92% over the forecast period.

Scope of Global Carbon Footprint Management Market Report-

Carbon footprint gives a measurement of the contribution of human and industrial activities to carbon dioxide (CO2) emissions and their equivalent to other greenhouse gas (GHG) emissions. The major contributors of global greenhouse and carbon emissions are production and consumption of cars, land clearing, food, materials, wood, fuel, manufactured goods, roads, buildings and services.Today, all industries are responsible to some extent for greenhouse gas emissions, with the oil and gas and aviation industries being the main visible criminals. However, as consumer and regulatory pressures increase, all businesses are forced to manage their carbon footprints. Industry awareness of the need to manage energy consumption strategically has increased.

Effective carbon footprint management involves a series of activities, for example, measuring the impact of the carbon footprint of various business activities, determining and implementing emission reduction and control strategies, and then communicating achievements with stakeholders.Managing the carbon footprint involves measuring and accounting for carbon emissions. Managing the carbon footprint has developed strategies to reduce greenhouse gas emissions. There is a high demand for carbon calculations. From basic online calculators to input-output methods or complex life-cycle analysis and tools, various methods have been proposed for estimation, and these methods have led to the development of the global carbon footprint management market.

Currently, most companies follow a rigorous process to calculate and manage their carbon emissions. Carbon footprint management solutions should play an essential role in the green initiatives developed and implemented by these companies, aimed at strengthening their reputation as a leader in sustainable development and therefore differentiating them from their competitors. To achieve this goal, companies are allocating large budgets to manage their carbon emissions, and a considerable part of these investments should be directed to the carbon footprint management market.

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Key Players Carbon Footprint Management Market Report-

Carbon Footprint Management Market report covers major key players in the market like Enablon, Thinkstep, SAP, Carbon Footprint, Natural Capital Partners, Dakota Software, IsoMetrix, IBM, Schneider Electric, Salesforce, ENGIE, Velocity EHS, Aurecon Group, Verisae Inc., Greenstone+, Enviance and others.

News-

Isometrix comes in a partnership with The Carbon Neutral Group providing carbon management support extensions to enterprises

March31^th, 2019; Isometrix, which is a leading carbon emissions management software provider at a global level, pacts a deal with The Carbon Neutral Group (CNG) and both the big giants come together to provide enterprises with an efficient carbon and greenhouse emissions management system. The companies have extended their released a new version of their carbon footprint solution. The new software helps businesses to precisely measure, manage, report and lessen their carbon emissions in the atmosphere.

North America is expected to remain a dominant region in the Global Carbon Footprint Management Market.

North America is the dominant region in the market with the largest share of the global Carbon Footprint Management market, attributed to huge investments by countries in management of carbon footprints and greenhouse emissions. The region is also known to possess strong regulatory compliances by government for enterprises to keep the carbon emissions in check. There is also a prevalent awareness in the population in regard to growing temperature at global level due to such gas emissions. In the Paris Agreement, UN members have set a limiting temperature rise of 2 degree Celsius, to support climate change. USA stands at second position in global carbon emissions equalling to almost 18% followed by Europe with an emission rate of 17%.

Whereas Asia Pacific region is expected to grow at a fastest rate and exhibit a spurring growth in the Carbon Footprint Management market. The growth is subjected to the growing foreign direct investments in the countries of APAC region, rapid pace of industrialisation, high carbon emissions, increasing technological adoptions, and government endeavours to encourage sustainable development, keeping environment in check. As on December 2019, China is the world’s largest carbon and greenhouse gases emitter, with a percentage of 25% or 10 billion tonnes each year, of total emissions, as per Our World In Data.

Key Benefits of Global Carbon Footprint Management Market Report-

· Global market report covers in depth historical and forecast analysis.

· Global market research report provides detailed information about Market Introduction, Market Summary, Global Market Revenue (USD), Market Drivers, Market Restraints, Market Opportunities, Competitive Analysis, Regional and Country level.

· Global market report helps to identify opportunities in market place.

· Global market report covers extensive analysis of emerging trends and competitive landscape.

Global Carbon Footprint Management Market Segmentation: -

By Component:

· Solution

· Service

By Service:

· Integration

· Support

· Maintenance

· Consulting

· Deployment

By Deployment:

· On-cloud

· On-premise

By End-User:

· Energy

· Manufacturing

· Transportation

· Residential

· Commercial

· Utilities

By Regional & Country Analysis:

· North America

o U.S.

o Canada

· Europe

o U.K.

o France

o Germany

o Italy

· Asia Pacific

o China

o Japan

o India

o Southeast Asia

· Latin America

o Brazil

o Mexico

· Middle East and Africa

o GCC

o Africa

o Rest of Middle East and Africa

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