Global Carbon Management Software Market 2015-2019
About Carbon Management Software
Carbon management software is a tool that aids organizations in planning and implementing their carbon management strategies. Carbon management tools help organizations accurately measure and reduce their carbon footprints, meet their objectives of corporate sustainability, and fulfill government mandates. The increasing amount of GHG emissions is a major concern for many organizations across the globe. Among the various harmful GHGs, CO2 is one of the most harmful, and it requires considerable effort, such as measuring and monitoring its levels, to reduce its emission. It helps measure, plan, manage, store, and report carbon emissions related to various organizational activities.
Technavio's analysts forecast the global carbon management software market to grow at a CAGR of 32.50% over the period 2014-2019.
Covered in this Report
This report covers the present scenario and the growth prospects of the global carbon management software market for the period 2015-2019. To calculate the market size, it considers the revenue generated from software licenses and subscriptions fees.
The report calculates market size based on the following:
Technavio Announces the Publication of its Research Report – Global Carbon Management Software Market 2015-2019
Technavio recognizes the following companies as the key players in the Global Carbon Management Software Market: Accenture, Deloitte Touche Tohmatsu, IBM, Johnson Controls and SAP
Other Prominent Vendors in the market are: Advantage IQ, CA Technologies, Camco, Carbon Hub, Carbonetworks, Cintellate, Enablon, EnarNOC, Enviance, Foresite Systems, Green Oak Solutions, Greenstone Carbon Management, Hara Software, HIS, Intelex Technologies, PE International, Perillon, ProcessMAP, SAS, Schneider Electric, Summit Energy Services, Symantec, Tradeslot,TRIRIGA, Verisae and Verteego
Commenting on the report, an analyst from Technavio’s team said: “Governments in different countries are taking initiatives to reduce GHG emissions by formulating energy-based rules and regulations for organizations. GHG reporting rules in the US, the Clean Air Act in Canada, Carbon Reduction Commitment (CRC) regulations in the UK, the Swiss Emissions Trading Scheme, CO2 tax in the UK, the Carbon Pollution Reduction Scheme in Australia, and the Climate Change Response (Emissions Trading) Amendment Bill in New Zealand are a few examples of the initiatives taken by governments to reduce GHG emissions. Organizations have to meet these GHG emission regulatory requirements and therefore have to observe, monitor, quantify, reduce, and report their carbon emission levels. The financial impact of non-compliance with these regulations and the increasing customer demand for energy-efficient products are driving companies to include carbon management in their strategic plans.”
According to the report, using green energy is considered to be the most significant method of countering the challenges of GHG emissions. Green energy generation is the process of using renewable resources as raw materials for energy generation. Carbon management software provides a detailed report on the amount of CO2 generated per unit of production by organizations. This software helps reduce GHG emissions by monitoring, measuring, planning, storing, and reporting carbon emission data in organizations. It also helps increase awareness about the hazards of GHG emissions and helps identify and implement efficient measures to save costs by reducing electricity and heating and cooling bills.
Further, the report states that as the global carbon management software market is in its nascent stage, the users of the software are mostly unaware of all possible benefits of the software.
Accenture, Deloitte Touche Tohmatsu, IBM, Johnson Controls, SAP, Advantage IQ, CA Technologies, Camco, Carbon Hub, Carbonetworks, Cintellate, Enablon, EnarNOC, Enviance, Foresite Systems, Green Oak Solutions, Greenstone Carbon Management, Hara Software, HIS, Intelex Technologies, PE International, Perillon, ProcessMAP, SAS, Schneider Electric, Summit Energy Services, Symantec, Tradeslot,TRIRIGA, Verisae, Verteego