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Carbon Footprint Management - Global Strategic Business Report

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    Report

  • 475 Pages
  • April 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 4804686

Global Carbon Footprint Management Market to Reach $33 Billion by 2030

The global market for Carbon Footprint Management estimated at US$12.7 Billion in the year 2023, is projected to reach a revised size of US$33 Billion by 2030, growing at a CAGR of 12.7% over the analysis period 2023-2030.

Carbon Footprint Management Solutions, one of the segments analyzed in the report, is projected to record 11.6% CAGR and reach US$18.7 Billion by the end of the analysis period. Growth in the Carbon Footprint Management Services segment is estimated at 14.2% CAGR for the next 8-year period.

The U.S. Market is Estimated at $4 Billion, While China is Forecast to Grow at 15.6% CAGR

The Carbon Footprint Management market in the U.S. is estimated at US$4 Billion in the year 2023. China, the world's second largest economy, is forecast to reach a projected market size of US$4.3 Billion by the year 2030 trailing a CAGR of 15.6% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 10.3% and 11.2% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 11.4% CAGR.

Exciting New Report Features

  • Full access to influencer engagement stats
  • Free access to digital archives & research platform. The proprietary platform is fully enabled to unlock creativity and market knowledge of domain experts worldwide in a cohesive and collaborative manner. The state-of-art tools bring world class market perspectives while protecting participants` privacy and identity. Numbers, statistics and market narrative in the report are based on fully curated insights shared by domain experts and influencers in this space.
  • Opportunity to engage with interactive questionnaires that come with real-time data simulator tools & bespoke report generation capabilities
  • Full client access to peer collaborative and interactive platform for cross-enterprise smart exchange of ideas
  • Complimentary report updates for one year
  • Competitor coverage with global market shares of major players
  • Player market presence analysis (Strong/Active/Niche/Trivial) across multiple geographies
  • Access to curated YouTube video transcripts of domain experts/influencer interviews, podcasts, press statements and event keynotes

What to Expect from the Global Economy in 2024

Edgy geopolitics, and economic instability caused by monetary policy tightening and ensuing higher interest rates will create a tumultuous landscape for 2024. Several factors will continue to exert pressure on the path to recovery including hostilities in the Middle East and increasingly common climate disasters. Among the risks, several positives are also taking shape such as growing signs of disinflation and easing of anxiety over stubborn inflation, supply chain normalization and price moderation despite volatility in energy costs. Elections across several G21 jurisdictions, notably in India and the United States, will have potential ramifications for capital flows and investment strategies. While India emerges as a compelling destination in the global investment landscape, U.S, based tech firms will continue to dominate, fueled by a dynamic ecosystem of talent and capital. Tech opportunities in Silicon Valley and beyond remain attractive for investors seeking high-growth prospects supported largely by a resilient albeit slowing domestic economy and conducive regulatory environment. Europe will continue to battle tight monetary policy and recession risks with U.K. having the most challenging outlook and running the greatest risk of recession in 2024. China remains a wild card with hope for growth in the country underpinned by government spending and improvements in consumer spending. The volatile environment will offer both opportunities and challenges for investors and businesses alike. Embracing volatility as a catalyst for growth together with agility and strategic foresight in navigating investment decisions will remain important for survival.

Select Competitors (Total 79 Featured)

  • CarbonEES®
  • Carbon Footprint Ltd.
  • CorityEnviance
  • Dakota Software Corporation
  • EnergyCAP, Inc.
  • ENGIE Impact
  • Envirosoft Corporation
  • IBM Corporation
  • Intelex Technologies Inc.
  • IsoMetrix Software
  • Locus Technologies
  • Native, a Public Benefit Corporation
  • ProcessMAP Corporation
  • Salesforce.com, Inc.
  • SAP SE
  • Schneider Electric SE
  • Wolters Kluwer N.V.

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Urgent Need to Address Climate Change & Shifting Focus on Sustainability Spur the Rise of Carbon Footprint Management Practices
  • As Emissions Continue to Rise, Corporate Sustainability & Carbon Footprint Management Become Core Areas of Climate Action: Global CO2 Emissions (In Billion Metric Tons) for Years 1930, 1940, 1950, 1960, 1970, 1980, 1990, 2000, 2010, 2020, 2021, 2022 and 2023
  • If You Can’t Measure It, You Can’t Manage It! The Reason Why Companies Need Carbon Footprint Management Strategies
  • Global Economic Update
  • Global Average Annual Brent Crude Oil Price (In US$ Per Barrel) for Years 2017 through 2024
  • World Economic Growth Projections (Real GDP, Annual % Change) for the Years 2020 Through 2024
  • Exhibit 4:Global Number of Unemployed People (In Million) for Years 2019 Through 2024
  • Competition
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)
  • Carbon Footprint Management - Global Key Competitors Percentage Market Share in 2023 (E)
  • World Brands
  • Recent Market Activity
  • Innovations
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Stringent Regulations Provide the Regulatory Urgency to Adopt Carbon Footprint Management Strategies
  • Imposition of Carbon Tax, Will it Incentivize Adoption of Carbon Footprint Management Solutions?
  • Price of Carbon Dioxide (CO2) (In US$ Per Metric Ton Emitted) by Country as of the Year 2023
  • As Carbon Tax Evolves Into an Expensive Corporate Liability, Companies Seek to Mitigate the Same With Carbon Footprint Management Strategies: Global Revenues Generated from Carbon Tax & Emission Trading Systems (ETS) (In US$ Billion) for Years 2006, 2010, 2015, 2018, 2020, 2022 and 2024
  • Untapped Opportunity & Scope Exists for Expanding Implementation of Carbon Tax & ETS Worldwide: Coverage of Implemented Carbon Tax & ETS (As a % of Total Emissions) by Geographic Region as of the Year 2023
  • Growing Practice of Carbon Cap and Trade to Drive Adoption of Carbon Footprint Management Solutions
  • Role of Carbon Capture & Storage (CCS) in Management of Carbon Footprint Gets Bigger
  • Opportunities to Accelerate Future Deployment of CCS as Pressure to Meet Climate Goals Intensifies: Global Market for Carbon Capture, Utilization, Transportation & Storage (In US$ Billion) for Years 2023, 2025, 2027, 2029 and 2031
  • Growing Awareness Over the Risks of Climate Change for Businesses Drives Corporate Investments in Carbon Footprint Management
  • Long-Term Inflationary Impact of Global Warming to Encourage Companies to Adopt Carbon Footprint Management Strategies
  • The Lesser Known Link Between Inflation & Climate Change to Accelerate Big-Time Adoption of Carbon Mitigation Strategies Among Companies: Global Inflation Rates (In %) for the Years 2019 Through 2024
  • Companies Closely Eye Recycling to Reduce Their Carbon Footprint & Close the Loop on the Circular Economy
  • Recycling, the Most Simple Way to Reduce Carbon Footprint, Save Money & Improve Corporate Bottom Lines: Global Market for Recycling Services (In US$ Billion) for Years 2024, 2026, 2028 and 2030
  • Pushed to Ensure Compliance, Companies Step Up Adoption of Environmental Consulting Services
  • Growing Pressure on Companies to Hedge the Risk of Transition to Net-Zero to Spur the Importance of Environmental Consulting Services: Global Market for Environmental Consulting Services (In US$ Billion) for Years 2023, 2025, 2027, 2029 and 2030
  • Environmental, Social and Governance (ESG) & CSR Trends to Boost the Importance of Carbon Footprint Management Strategies
  • Commercial Fleet Owners Respond to Climate Pressures by Electrifying Their Fleets & Adopting Smart Fleet Management Solutions
  • For Logistics & Transportation Companies, the Simplest Way to Reduce Carbon Footprint is to Invest in Smart Fleet Management Systems: Global Market for Fleet Management Systems (In US$ Million) for Years 2023, 2025, and 2027
  • Carbon & Environmental Data Management, Visualization, & Software Integrations Storm Into the Spotlight
  • Growing Focus on Clean Coal Technologies Step Up Opportunities for Carbon Footprint Management
  • Role of AI in Carbon Footprint Management Gets Bigger & Bigger
  • Companies Double Up on Edge Computing Adoption to Reduce Carbon Footprint
  • Role of Blockchain in Carbon Footprint Management Gets Bigger. Here are the Various Ways in Which the Technology Can Help
  • In a Bid to Reduce Their Carbon Footprint, Companies Step Up Their Energy Efficiency Investments
  • Energy Efficiency Ranks as the Primary ESG (environmental, social and governance) Best Practice Among Companies: Global Energy Efficiency Investments (In US$ Billion) for Years 2023 2025, 2027, 2029 and 2031
  • A Peek Into Carbon Accounting and its Role in Enabling a Greener Future
  • Decarbonizing Supply Chains Remains Key to Reducing & Managing Carbon Footprint
  • Green Finance Becomes a Core Part of Carbon Footprint Management
  • Companies Begin to Leverage Drones to Reduce their Carbon Footprint & Ensure Effective Management
  • As the Pressure to Reduce Carbon Footprint Becomes Intense, Greenwashing Emerges Into an Undesirable Trend
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Carbon Footprint Management Market Analysis of Annual Sales in US$ Million for Years 2017 through 2030
  • Table 2: World Recent Past, Current & Future Analysis for Carbon Footprint Management by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 3: World Historic Review for Carbon Footprint Management by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2017 through 2022 and % CAGR
  • Table 4: World 13-Year Perspective for Carbon Footprint Management by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2017, 2024 & 2030
  • Table 5: World Recent Past, Current & Future Analysis for Solutions by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 6: World Historic Review for Solutions by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2017 through 2022 and % CAGR
  • Table 7: World 13-Year Perspective for Solutions by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2017, 2024 & 2030
  • Table 8: World Recent Past, Current & Future Analysis for Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 9: World Historic Review for Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2017 through 2022 and % CAGR
  • Table 10: World 13-Year Perspective for Services by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2017, 2024 & 2030
  • Table 11: World Recent Past, Current & Future Analysis for Cloud by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 12: World Historic Review for Cloud by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2017 through 2022 and % CAGR
  • Table 13: World 13-Year Perspective for Cloud by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2017, 2024 & 2030
  • Table 14: World Recent Past, Current & Future Analysis for On-Premise by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 15: World Historic Review for On-Premise by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2017 through 2022 and % CAGR
  • Table 16: World 13-Year Perspective for On-Premise by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2017, 2024 & 2030
  • Table 17: World Recent Past, Current & Future Analysis for Energy & Utilities by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 18: World Historic Review for Energy & Utilities by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2017 through 2022 and % CAGR
  • Table 19: World 13-Year Perspective for Energy & Utilities by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2017, 2024 & 2030
  • Table 20: World Recent Past, Current & Future Analysis for Manufacturing by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 21: World Historic Review for Manufacturing by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2017 through 2022 and % CAGR
  • Table 22: World 13-Year Perspective for Manufacturing by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2017, 2024 & 2030
  • Table 23: World Recent Past, Current & Future Analysis for Transportation & Logistics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 24: World Historic Review for Transportation & Logistics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2017 through 2022 and % CAGR
  • Table 25: World 13-Year Perspective for Transportation & Logistics by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2017, 2024 & 2030
  • Table 26: World Recent Past, Current & Future Analysis for Residential & Commercial Buildings by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 27: World Historic Review for Residential & Commercial Buildings by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2017 through 2022 and % CAGR
  • Table 28: World 13-Year Perspective for Residential & Commercial Buildings by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2017, 2024 & 2030
  • Table 29: World Recent Past, Current & Future Analysis for Other Verticals by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 30: World Historic Review for Other Verticals by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2017 through 2022 and % CAGR
  • Table 31: World 13-Year Perspective for Other Verticals by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2017, 2024 & 2030
III. MARKET ANALYSIS
UNITED STATES
  • Carbon Footprint Management Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
CANADAJAPANCHINA
EUROPE
  • Carbon Footprint Management Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
FRANCEGERMANYITALYUNITED KINGDOMREST OF EUROPE
ASIA-PACIFIC
  • Carbon Footprint Management Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
REST OF WORLDIV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • CarbonEES®
  • Carbon Footprint Ltd.
  • CorityEnviance
  • Dakota Software Corporation
  • EnergyCAP, Inc.
  • ENGIE Impact
  • Envirosoft Corporation
  • IBM Corporation
  • Intelex Technologies Inc.
  • IsoMetrix Software
  • Locus Technologies
  • Native, a Public Benefit Corporation
  • ProcessMAP Corporation
  • Salesforce.com, Inc.
  • SAP SE
  • Schneider Electric SE
  • Wolters Kluwer N.V.