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Carbon Footprint Management Market Growth Analysis Report - Market Size, Share, Forecast Trends and Outlook (2025-2034)

Published Jul 29, 2025
Length 158 Pages
SKU # EMAR20318875

Description

The global carbon footprint management market size reached a value of USD 10.34 Billion in 2024. The market is likely to grow further at a CAGR of 6.30% during 2025-2034 to reach a value of USD 19.05 Billion in 2034.

News and Developments in the Market

In August 2023, Sumitomo Mitsui Banking Corporation (SMBC), IBM Japan and Persefoni collaborated to offer a decarbonisation solution to Japanese customers, which enables them to analyse and support carbon footprint management. Also, the digitally-enabled services help meet regulatory and compliance requirements.

In June 2023, Salesforce developed Net Zero Cloud to enhance the tracking and reporting of the company’s carbon footprint in order to accelerate its transition to net zero. The Net Zero Cloud is used by organisations of all sizes as it helps streamline and improve the availability of emissions reporting.  Such initiatives by the key players are expected to support the carbon footprint management market growth.

In May 2023, Sphera® introduced its Life Cycle Assessment (LCA) Automation software, a next-generation solution that helps customers to gain real-time insights into the environmental footprint of their products and also calculate the carbon footprint at scale. The company intends to enable engineers to develop sustainable products and establish lower carbon emission supply chains.

In September 2021, Engie launched Ellipse, a carbon intelligence platform that allows companies to track their carbon emissions in real-time, design strategies to reduce emissions, and efficiently use sustainability investments. It is tailored to build an accurate emissions footprint using artificial intelligence, allows carbon-first decision-making, and enables the gathering of vast amounts of data.  The new product launches by the leading manufacturers are expected to increase the carbon footprint management market share.

In April 2021, Schneider Electric decided to collaborate with 1,000 suppliers to help reduce their CO2 emissions throughout their operations by 50% by 2025. This will be achieved by delivering digital tools and resources to help them achieve carbon reduction targets. The decision is a part of the company’s Zero Carbon Project initiative, designed to enable the suppliers to develop innovative strategies for emissions reduction.

Emerging Need to Meet Regulatory Standards by the Organisations, Carbon Neutral Government Programmes, and Technological Advancements to be the Key Carbon Footprint Management Market Trends

Carbon footprint management is a strategic approach adopted by organisations to reduce carbon emissions from daily activities to contribute towards limiting the impact of climate change. Also, it helps businesses to identify their potential, supporting the efficient usage of carbon emissions, leading to cost savings.
  • There is a surge in the adoption of carbon footprint management solutions and services by the organisations to meet expanding regulatory standards and attain financial incentives through a green status.
  • The stringent government regulations towards lowering carbon emissions in order to achieve carbon neutrality by 2050 and alleviate the harmful impacts of climate change are likely to bolster the use of carbon footprint management.
  • Technological advancements, such as artificial intelligence and machine learning, and the growing use of AI-powered carbon footprint management solutions to measure the level of carbon emissions by setting an emission baseline in real time are expected to support the market.
Carbon Footprint Management Market Segmentation

The EMR’s report titled “Carbon Footprint Management Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:

Market Breakup by Component
  • Solution
  • Services (Consulting, Integration and Deployment, Support and Maintenance)
Market Breakup by End-User
  • Refineries
  • Manufacturing
  • Utilities
  • Transportation
  • Others
Market Breakup by Lifetime
  • Material Production
  • Consumption
  • End-of-life
Market Breakup by Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
Rising Demand for Efficient Energy Management Solutions to Aid the Carbon Footprint Management Market

There is a rising use of integrated digital solutions for carbon footprint calculation, carbon reduction, and carbon offsetting that are tailored to meet the requirements of customers. The market players are offering efficient carbon footprint management solutions that help organisations to achieve the goals of carbon neutrality and enable them to use cost-effective and reliable, clean energy sources in order to coexist with the global environment.

In July 2023, Alibaba Cloud introduced its Energy Expert, a software-as-a-service offering that allows customers to measure, analyse, and manage the carbon emissions of their activities and products. The platform offers energy-saving insights and energy-efficient technologies that enable clients to attain sustainability and reduce their carbon footprint. The initiatives taken by the key players in offering such innovative solutions that meet the customer expectations are likely to support the carbon footprint management market in the long run.

Also, there are carbon footprint management services that provide the expertise and resources to enable the clients to aggregate, calculate, and track carbon emissions annually. These services help with the complexity of carbon accounting, deliver digital tools, and offer a comprehensive view of carbon emissions through inventory management plans.

For instance, in December 2021, Fujitsu Limited and Ridgelinez Limited announced new services that support the customers in the Japanese market to bring their carbon emissions to zero and achieve carbon neutrality. These consulting services offered by Ridgelinez help the clients to measure and visualise carbon emissions in their supply chains.

Growing Use in the Manufacturing Sector to Support the Carbon Footprint Management Market Growth

The growing awareness about the detrimental effects of carbon emissions is leading to the rising adoption of carbon footprint management by small and mid-size manufacturing companies. These solutions and services are used to analyse and visualise the emissions throughout the supply chain from procurement of raw materials to disposal or recycling of the materials, further helping measure the carbon footprint of the individual products. This helps the manufacturing sector to achieve carbon neutrality through integrated cloud applications and reduction measures.

The stringent government regulations, such as the setting of heavy-duty GHG regulations to reduce carbon emissions in the transportation sector, are resulting in the increased demand for carbon footprint management. These solutions help vehicle owners know the carbon footprint of all types of vehicles, such as petrol, hybrid, and electric, to help them reduce their impact on the environment, which is expected to support the carbon footprint management market development. Moreover, they offer suggestions to reduce the carbon footprint, such as turning off the engine when not needed, changing the oil, switching off the air conditioning, and others.

The surge in eco-consciousness among the refiners is resulting in the need to lower the carbon intensity by reducing emissions on a per barrel of refined crude basis. Thus, the emerging need for net-zero emissions in oil refineries is leading to the growing need to calculate carbon footprint, thus resulting in the demand for carbon footprint management solutions or services.

The market players are developing innovative solutions using technologies to reduce carbon emissions from buildings by helping owners optimise energy use. In June 2023, Honeywell Building Technologies introduced its cloud-based carbon and energy management software with data, analytics, and Internet of Things (IoT) capabilities to enable buildings to reduce carbon emissions and achieve sustainability. The software calculates the carbon data from emission sources, such as gas, electricity, and fuel source and also offers a roadmap for carbon neutrality.

Competitive Landscape of Carbon Footprint Management Market

The report gives a detailed analysis of the following key players in the market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.

Engie

Engie is a France-based utility company that delivers services in renewable energy and storage. The company intends to accelerate the transition to net zero carbon by promoting low carbon infrastructure and reducing energy consumption.

IBM Corporation

IBM Corporation or International Business Machines Corporation is a United States-based company that offers real-world solutions and insights to help the organisations become more sustainable.

Carbon Footprint Ltd

Carbon Footprint Ltd provides solutions to cut carbon footprint by calculating the emissions, helping reduce energy costs, meet regulatory standards, and improve the products or services through approved carbon offsetting.

Other carbon footprint management market players include Schneider Electric, Salesforce Inc., Sphera, Isometrix, Accuvi, Dakota Software, and SAP SE, among others.

Table of Contents

158 Pages
1 Executive Summary
1.1 Market Size 2024-2025
1.2 Market Growth 2025(F)-2034(F)
1.3 Key Demand Drivers
1.4 Key Players and Competitive Structure
1.5 Industry Best Practices
1.6 Recent Trends and Developments
1.7 Industry Outlook
2 Market Overview and Stakeholder Insights
2.1 Market Trends
2.2 Key Verticals
2.3 Key Regions
2.4 Supplier Power
2.5 Buyer Power
2.6 Key Market Opportunities and Risks
2.7 Key Initiatives by Stakeholders
3 Economic Summary
3.1 GDP Outlook
3.2 GDP Per Capita Growth
3.3 Inflation Trends
3.4 Democracy Index
3.5 Gross Public Debt Ratios
3.6 Balance of Payment (BoP) Position
3.7 Population Outlook
3.8 Urbanisation Trends
4 Country Risk Profiles
4.1 Country Risk
4.2 Business Climate
5 Global Carbon Footprint Policy and Regulations
5.1 GHG Emission Factsheet
5.2 Paris Agreement
5.3 Kyoto Protocol & Doha Amendment
5.4 Net Zero Emission, Target
6 Global Carbon Footprint Management Market Analysis
6.1 Key Industry Highlights
6.2 Global Carbon Footprint Management Historical Market (2018-2024)
6.3 Global Carbon Footprint Management Market Forecast (2025-2034)
6.4 Global Carbon Footprint Management Market by Component
6.4.1 Solution
6.4.1.1 Historical Trend (2018-2024)
6.4.1.2 Forecast Trend (2025-2034)
6.4.2 Services (Consulting, Integration and Deployment, Support and Maintenance)
6.4.2.1 Historical Trend (2018-2024)
6.4.2.2 Forecast Trend (2025-2034)
6.5 Global Carbon Footprint Management Market by End-User
6.5.1 Refineries
6.5.1.1 Historical Trend (2018-2024)
6.5.1.2 Forecast Trend (2025-2034)
6.5.2 Manufacturing
6.5.2.1 Historical Trend (2018-2024)
6.5.2.2 Forecast Trend (2025-2034)
6.5.3 Utilities
6.5.3.1 Historical Trend (2018-2024)
6.5.3.2 Forecast Trend (2025-2034)
6.5.4 Transportation
6.5.4.1 Historical Trend (2018-2024)
6.5.4.2 Forecast Trend (2025-2034)
6.5.5 Others
6.6 Global Carbon Footprint Management Market by Lifetime
6.6.1 Material Production
6.6.1.1 Historical Trend (2018-2024)
6.6.1.2 Forecast Trend (2025-2034)
6.6.2 Consumption
6.6.2.1 Historical Trend (2018-2024)
6.6.2.2 Forecast Trend (2025-2034)
6.6.3 End-of-life
6.6.3.1 Historical Trend (2018-2024)
6.6.3.2 Forecast Trend (2025-2034)
6.7 Global Carbon Footprint Management Market by Region
6.7.1 North America
6.7.1.1 Historical Trend (2018-2024)
6.7.1.2 Forecast Trend (2025-2034)
6.7.2 Europe
6.7.2.1 Historical Trend (2018-2024)
6.7.2.2 Forecast Trend (2025-2034)
6.7.3 Asia Pacific
6.7.3.1 Historical Trend (2018-2024)
6.7.3.2 Forecast Trend (2025-2034)
6.7.4 Latin America
6.7.4.1 Historical Trend (2018-2024)
6.7.4.2 Forecast Trend (2025-2034)
6.7.5 Middle East and Africa
6.7.5.1 Historical Trend (2018-2024)
6.7.5.2 Forecast Trend (2025-2034)
7 North America Carbon Footprint Management Market Analysis
7.1 United States of America
7.1.1 Historical Trend (2018-2024)
7.1.2 Forecast Trend (2025-2034)
7.2 Canada
7.2.1 Historical Trend (2018-2024)
7.2.2 Forecast Trend (2025-2034)
8 Europe Carbon Footprint Management Market Analysis
8.1 United Kingdom
8.1.1 Historical Trend (2018-2024)
8.1.2 Forecast Trend (2025-2034)
8.2 Germany
8.2.1 Historical Trend (2018-2024)
8.2.2 Forecast Trend (2025-2034)
8.3 France
8.3.1 Historical Trend (2018-2024)
8.3.2 Forecast Trend (2025-2034)
8.4 Italy
8.4.1 Historical Trend (2018-2024)
8.4.2 Forecast Trend (2025-2034)
8.5 Spain
8.5.1 Historical Trend (2018-2024)
8.5.2 Forecast Trend (2025-2034)
8.6 Others
9 Asia Pacific Carbon Footprint Management Market Analysis
9.1 China
9.1.1 Historical Trend (2018-2024)
9.1.2 Forecast Trend (2025-2034)
9.2 Japan
9.2.1 Historical Trend (2018-2024)
9.2.2 Forecast Trend (2025-2034)
9.3 India
9.3.1 Historical Trend (2018-2024)
9.3.2 Forecast Trend (2025-2034)
9.4 Indonesia
9.4.1 Historical Trend (2018-2024)
9.4.2 Forecast Trend (2025-2034)
9.5 South Korea
9.5.1 Historical Trend (2018-2024)
9.5.2 Forecast Trend (2025-2034)
9.6 Vietnam
9.6.1 Historical Trend (2018-2024)
9.6.2 Forecast Trend (2025-2034)
9.7 Australia
9.7.1 Historical Trend (2018-2024)
9.7.2 Forecast Trend (2025-2034)
9.8 Others
10 Latin America Carbon Footprint Management Market Analysis
10.1 Brazil
10.1.1 Historical Trend (2018-2024)
10.1.2 Forecast Trend (2025-2034)
10.2 Argentina
10.2.1 Historical Trend (2018-2024)
10.2.2 Forecast Trend (2025-2034)
10.3 Mexico
10.3.1 Historical Trend (2018-2024)
10.3.2 Forecast Trend (2025-2034)
10.4 Others
11 Middle East and Africa Carbon Footprint Management Market Analysis
11.1 Saudi Arabia
11.1.1 Historical Trend (2018-2024)
11.1.2 Forecast Trend (2025-2034)
11.2 United Arab Emirates
11.2.1 Historical Trend (2018-2024)
11.2.2 Forecast Trend (2025-2034)
11.3 Egypt
11.3.1 Historical Trend (2018-2024)
11.3.2 Forecast Trend (2025-2034)
11.4 South Africa
11.4.1 Historical Trend (2018-2024)
11.4.2 Forecast Trend (2025-2034)
11.5 Others
12 Market Dynamics
12.1 SWOT Analysis
12.1.1 Strengths
12.1.2 Weaknesses
12.1.3 Opportunities
12.1.4 Threats
12.2 Porter’s Five Forces Analysis
12.2.1 Supplier’s Power
12.2.2 Buyer’s Power
12.2.3 Threat of New Entrants
12.2.4 Degree of Rivalry
12.2.5 Threat of Substitutes
12.3 Key Indicators for Demand
12.4 Key Indicators for Price
13 Competitive Landscape
13.1 Supplier Selection
13.2 Key Global Players
13.3 Key Regional Players
13.4 Key Player Strategies
13.5 Company Profiles
13.5.1 Schneider Electric
13.5.1.1 Company Overview
13.5.1.2 Solution Portfolio
13.5.1.3 Demographic Reach and Achievements
13.5.1.4 Certifications
13.5.2 Salesforce, Inc.
13.5.2.1 Company Overview
13.5.2.2 Solution Portfolio
13.5.2.3 Demographic Reach and Achievements
13.5.2.4 Certifications
13.5.3 Sphera
13.5.3.1 Company Overview
13.5.3.2 Solution Portfolio
13.5.3.3 Demographic Reach and Achievements
13.5.3.4 Certifications
13.5.4 Engie
13.5.4.1 Company Overview
13.5.4.2 Solution Portfolio
13.5.4.3 Demographic Reach and Achievements
13.5.4.4 Certifications
13.5.5 Carbon Footprint Ltd
13.5.5.1 Company Overview
13.5.5.2 Solution Portfolio
13.5.5.3 Demographic Reach and Achievements
13.5.5.4 Certifications
13.5.6 IBM Corporation
13.5.6.1 Company Overview
13.5.6.2 Solution Portfolio
13.5.6.3 Demographic Reach and Achievements
13.5.6.4 Certifications
13.5.7 Isometrix
13.5.7.1 Company Overview
13.5.7.2 Solution Portfolio
13.5.7.3 Demographic Reach and Achievements
13.5.7.4 Certifications
13.5.8 Accuvio
13.5.8.1 Company Overview
13.5.8.2 Solution Portfolio
13.5.8.3 Demographic Reach and Achievements
13.5.8.4 Certifications
13.5.9 Dakota Software
13.5.9.1 Company Overview
13.5.9.2 Solution Portfolio
13.5.9.3 Demographic Reach and Achievements
13.5.9.4 Certifications
13.5.10 SAP SE
13.5.10.1 Company Overview
13.5.10.2 Solution Portfolio
13.5.10.3 Demographic Reach and Achievements
13.5.10.4 Certifications
13.5.11 Others
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