The pandemic continues to cause unprecedented disruption across industries worldwide.
Get detailed insights regarding the impact of COVID-19 on the market.
The global carbon footprint management market grew at a CAGR of around 7% during 2015-2020. Carbon footprint is the measure of carbon dioxide (CO2) and greenhouse gas (GHG) emissions by various everyday and industrial activities including transportation, land clearance, construction of roads and buildings, fuel production, power generation, etc. Carbon footprint management refers to the solutions and services used to monitor and control an enterprise's carbon emissions. It involves minimizing energy and waste generation and raw material consumption for cost optimization and reduced environmental impact. Organizations formulate carbon management plans, which involve a documented strategy for energy and GHG reduction and improving air quality and sustainability of the enterprise.
The increasing environmental consciousness, along with rising emphasis on minimizing carbon footprints generated by commercial, industrial and residential complexes, represents one of the key factors driving the market growth. Moreover, the implementation of favorable government policies to promote sustainable development is also strengthening the market growth. Carbon footprint management solutions are widely used across various industries, such as manufacturing, oil and gas, automotive, construction and transportation to enhance operational efficiencies and reduce carbon emissions in the environment. Additionally, various technological advancements, such as the integration of connected devices with the artificial intelligence (AI), Internet of Things (IoT) and big data solutions, are acting as other growth-inducing factors. Carbon footprint management solutions are deployed through the cloud and other advanced technologies for enhanced scalability, speed and minimal risks of data loss. Other factors, including rapid modernization of the existing infrastructure, along with the increasing construction of green buildings, are anticipated to drive the market further. Looking forward, IMARC Group expects the global carbon footprint management market to exhibit moderate growth during the next five years.
IMARC Group provides an analysis of the key trends in each sub-segment of the global carbon footprint management market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, offering, deployment mode and end use industry.
Breakup by Offering:
Breakup by Deployment Mode:
Breakup by End Use Industry:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Accenture PLC, Dakota Software Corporation, Enablon SA (Wolters Kluwer N.V.), Engie SA, Enviance Inc. (Cority Software Inc.), International Business Machines Corporation, Johnson Controls PLC, ProcessMAP Corporation, SAP SE and Schneider Electric SE.
REACH OUT TO US
Call us on
( US: +1-631-791-1145 )
( UK: +44-753-713-2163 )
( India: +91 120 433 0800 )
Drop us an email at