Global Carbon Footprint Management Market (2021-2027) by Component, Organization Size, Deployment, Vertical, and Geography, IGR Competitive Analysis, Impact of Covid-19, Ansoff Analysis

Global Carbon Footprint Management Market (2021-2027) by Component, Organization Size, Deployment, Vertical, and Geography, IGR Competitive Analysis, Impact of Covid-19, Ansoff Analysis

Introduction

The Global Carbon Footprint Management Market is estimated to be USD 9.89 Bn in 2021 and is expected to reach USD 15.26 Bn by 2027, growing at a CAGR of 7.5%.

Key factors such as high energy consumption for industrial applications has resulted in higher CO2 emission rates. This has been one of the prominent reasons for higher carbon footprints. Therefore there has been increasing concern amongst the corporates to lower the carbon emissions by following mandated regulations and bringing about certain operational efficiencies. Also, large corporations have led initiatives through CSR activities aimed at achieving environmental sustainability and reducing the carbon footprint. These factors are driving the growth of the market for carbon footprint management.

However, factors such as the significant costs associated with the replacement of current infrastructure with low carbon-emitting infrastructure and the diverse regulatory environment with different guidelines are likely to hamper the carbon footprint management market's growth.

Market Dynamics

Drivers

  • Increasing Concern for Reducing Carbon Footprints
  • Stringent Regulations Aimed at Lowering Carbon Emissions
  • Increasing Demand for Energy Consumption by Industries
  • Growing Concerns about Enterprise Sustainability and Corporate Social Responsibility (CSR) Programs Among the Corporates
Restraints
  • High Initial Investment
  • Lack of Clarity about The Regulatory Landscape
Opportunities
  • Increasing Government Initiatives
  • Initiatives by Firms on Green Building Projects
  • Leveraging Technologies to Reduce Carbon Footprint
  • Increasing Adoption of Carbon Footprint Management in the Transportation Sector
Challenges
  • Lack of Willingness to Adopt Carbon Emission Software Among Developing and Undeveloped Countries
Segments Covered

By Component, the Services in carbon footprint management consist of consulting services, system integration services, and operational support services (pre and post-deployment). These services are likely to lower the operating cost and help in improvising business performance. Moreover, there are certain market players providing specialized services. With higher rates of deployment amongst the enterprises, the services segment is holding a high market share.

By Organization Size, the Large Enterprises holds a large market share in the market. With the rise in carbon emissions, followed by the increasing regulatory compliances, these enterprises are bound to maintain and reduce the levels of carbon footprints. Thus, these enterprises invest in utilizing carbon management software to run a simulation, forecast the emissions, and curb them accordingly. Since these initiatives are not financially feasible to the SME users, the large enterprises contribute to high segmental growth.

By Deployment, Cloud-based deployment holds the highest market share. Several organizations are adopting Cloud-based deployment due to its greater flexibility, high control over the data, and cost-effectiveness. It provides enhanced security solutions, which can further help in mitigating the risks associated with data loss. This has led to higher adoption of cloud-based solutions for the carbon footprint management market.

By Vertical, the Energy and Utilities segment holds the highest market share during the forecast period. As per the Environmental Protection Agency (EPA), electricity generation contributes to about 26.9% of carbon emissions, becoming the second-largest source of GHGs. Factors such as rising demand for electricity followed by a rise in CO2 emission contribute to the growth of the segment. Also, rising investments in the utility sector are creating opportunities for market growth

By Geography, North America is anticipated to lead the market. The factors attributing to the growth of the market are due to the stringent regulatory framework coupled with high spending initiated by the Government and the enterprises to reduce carbon footprint and contribute to environmental sustainability. This has significantly aided in the growth of the carbon footprint management market in this region.

The Global Carbon Footprint Management Market is segmented further based on Component, Organization Size, Deployment, Vertical, and Geography

Global Carbon Footprint Management Market, By Component
  • Introduction
  • Solution
  • Services
  • Consulting
  • Integration and Deployment
  • Support and Maintenance
Global Carbon Footprint Management Market, By Organization Size
  • Introduction
  • Large Enterprises
  • Small and Medium-Sized Enterprises
Global Carbon Footprint Management Market, By Deployment
  • Introduction
  • On-Premises
  • Cloud-Based
Global Carbon Footprint Management Market, By Vertical
  • Introduction
  • Manufacturing
  • Energy and Utilities
  • Residential and Commercial Buildings
  • Transportation and Logistics
  • IT and Telecom
Global Carbon Footprint Management Market, By Geography
  • Introduction
  • North America
  • South America
  • Europe
  • Asia Pacific
  • Rest of the World
Company Profiles

Some of the companies covered in this report are Thinkstep, Natural Capital Partners, VelocityEHS, Aurecon Group, Carbon Solutions Global Ltd., Carbon Trust, ProcessMAP, Greenstone+, Verisae, Inc., Enviance, etc.

IGR Competitive Quadrant

The report includes IGR Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Why buy this report?

The report offers a comprehensive evaluation of the Global Carbon Footprint Management Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
The report includes in-depth market analysis using Porter’s 5 force model and the Ansoff Matrix. The impact of Covid-19 on the market is also featured in the report.
The report also contains the competitive analysis using IGR Positioning Quadrants, Infogence’s Proprietary competitive positioning tool.

Report Highlights:
  • A complete analysis of the market including parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current, and projected size of the market based on value and volume
  • Market shares and strategies of key players
  • Recommendations to companies for strengthening their foothold in the market


1 Report Description
1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Shareholders
2 Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.3 Market Size Estimation
2.4 Assumptions of the Study
2.5 Limitations of the Study
3 Executive Summary
4 Market Overview
4.1 Introduction
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Challenges
4.3 Trends
5 Market Analysis
5.1 Porter’s Five Forces Analysis
5.2 Impact of COVID-19
5.3 Ansoff Matrix Analysis
6 Global Carbon Footprint Management Market, By Component
6.1 Introduction
6.2 Solution
6.3 Services
6.3.1 Consulting
6.3.2 Integration and Deployment
6.3.3 Support and Maintenance
7 Global Carbon Footprint Management Market, By Organization Size
7.1 Introduction
7.2 Large Enterprises
7.3 Small and Medium-Sized Enterprises
8 Global Carbon Footprint Management Market, By Deployment
8.1 Introduction
8.2 On-Premises
8.3 Cloud-Based
9 Global Carbon Footprint Management Market, By Vertical
9.1 Introduction
9.2 Manufacturing
9.3 Energy and Utilities
9.4 Residential and Commercial Buildings
9.5 Transportation and Logistics
9.6 IT and Telecom
10 Global Carbon Footprint Management Market, By Geography
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 South America
10.3.1 Brazil
10.3.2 Argentina
10.4 Europe
10.4.1 UK
10.4.2 France
10.4.3 Germany
10.4.4 Italy
10.4.5 Spain
10.4.6 Rest of Europe
10.5 Asia-Pacific
10.5.1 China
10.5.2 Japan
10.5.3 India
10.5.4 Indonesia
10.5.5 Malaysia
10.5.6 South Korea
10.5.7 Australia
10.5.8 Russia
10.5.9 Rest of APAC
10.6 Rest of the World
10.6.1 Qatar
10.6.2 Saudi Arabia
10.6.3 South Africa
10.6.4 United Arab Emirates
10.6.5 Latin America
11 Competitive Landscape
11.1 IGR Competitive Quadrant
11.2 Market Share Analysis
11.3 Competitive Scenario
11.3.1 Mergers & Acquisitions
11.3.2 Agreements, Collaborations, & Partnerships
11.3.3 New Product Launches & Enhancements
11.3.4 Investments & Fundings
12 Company Profiles
12.1 Salesforce.com Inc
12.2 ENGIE SA
12.3 IsoMetrix Inc
12.4 Schneider Electric
12.5 Intelex Technologies
12.6 IBM Corporation
12.7 SAP SE
12.8 Enablon France SA
12.9 Trinity Consultants, Inc
12.10 Dakota Software Corporation
12.11 ProcessMAP
12.12 Thinkstep
12.13 Natural Capital Partners
12.14 VelocityEHS
12.15 Aurecon Group
12.16 Carbon Solutions Global Ltd.
12.17 Carbon Trust
12.18 Greenstone+
12.19 Verisae, Inc.
12.20 Enviance
12.21 Ecova, Inc
13 Appendix
13.1 Questionnaire

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