Categories: Market Research

Global Emission Management Software Market Size and Forecast 2024-2033|Accenture PLC, CA Technologies Inc., Carbonetworks Corporation, Enviance Inc., The International Business Machines Corporation

The Emission Management Software Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033)

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According to The Business Research Company’s Emission Management Software Global Market Report 2024, The emission management software market size has grown exponentially in recent years. It will grow from $17.59 billion in 2023 to $21.13 billion in 2024 at a compound annual growth rate (CAGR) of 20.1%. The growth in the historic period can be attributed to environmental regulations compliance, corporate social responsibility (csr) initiatives, globalization and supply chain impact, energy efficiency goals, industry-specific emission standards, transition to green and sustainable practices, integration with energy management systems.

The emission management software market size is expected to see exponential growth in the next few years. It will grow to $44.26 billion in 2028 at a compound annual growth rate (CAGR) of 20.3%. The growth in the forecast period can be attributed to stricter emission reduction targets, shift towards net-zero goals, increasing focus on scope 3 emissions, regulatory push for transparent reporting, efficiency in compliance reporting, improving data accuracy and reporting, focus on resilience and adaptation.. Major trends in the forecast period include carbon footprint management, transition to cloud-based solutions, mobile emission monitoring, lifecycle assessment tools, emission trading platforms integration, scenario analysis and modeling, collaboration with sustainability initiatives, iot and sensor technologies.

The rising demand for clean and renewable energy is expected to propel the growth of the emission management software market. Renewable energy comes from natural sources that replace themselves more quickly than they are used up. The use of renewable energy is increasing because it reduces pollutants and greenhouse gas emissions that are a factor in climate change. The emission management software tracks and calculates air emissions for reporting to manage them. For instance, in September 2023, according to the Government Digital Service, a UK-based government body, Quarter 2 2023 saw a generating share of 42.1% from renewables, 3.5 percentage points more than Quarter 2 2022. Therefore, the rising demand for clean and renewable energy is expected to drive the growth of the emission management software market.

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The emission management software market covered in this report is segmented –

1) By Component: Software, Service

2) By Product Type: Cloud-Based, Web-Based

3) By Application: Small And Medium Enterprises, Large Enterprises

4) By Industry: Manufacturing, IT And Telecom, Government Sector, Energy And Power, Other Industries

Major companies operating in the emission management software market are innovating new technologies such as CERius to increase their profitability in the market. CERius is a carbon emissions management software. For instance, in September 2023, GE Vernov, a US-based electrical company launched CERius. The software’s functions include automating the gathering of greenhouse gas (GHG) data and offering practical suggestions for carrying out initiatives to reduce carbon emissions. It is designed to make it possible for businesses to monitor, manage, and operationalize certain insights more precisely—a necessary tool for keeping track of carbon neutral emissions targets. The program offers scenario analysis, team collaboration, and standardized reporting based on GHG protocols. It is intended to automate more accurate GHG data collecting and provide suggestions to operationalize carbon reduction activities.

The emission management software market report table of contents includes:

1. Executive Summar

2. Emission Management Software Market Characteristics

3. Emission Management Software Market Trends And Strategies

4. Emission Management Software Market – Macro Economic Scenario

5. Global Emission Management Software Market Size and Growth

26. South America Emission Management Software Market

27. Brazil Emission Management Software Market

28. Middle East Emission Management Software Market

29. Africa Emission Management Software Market

30. Emission Management Software Market Competitive Landscape And Company Profile

Top Major Players: