Market Size And Forecast: Carbon Management Software 2023-2029

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Executive Summary

This report helps carbon management software vendors and investors understand the current and future state of the market. The Verdantix market size and forecasting model incorporates census data, regulatory and macroeconomic drivers, vendor revenue data and global survey responses to forecast the growth of the global carbon management software market up to and including 2029. The model also segments the market by region and industry. Verdantix shows that the global market was worth more than $557 million in 2023 and will grow at a CAGR of 19% from 2023 to 2029. 
Summary for decision-makers
Compliance, operational efficiency and stakeholder pressure drive carbon management software spend

Market size data reflect the current penetration rate of carbon management software by region and industry
Spending on carbon management software reached almost $560 million in 2023
Disclosure requirements and pressure to decarbonize operations and supply chains will drive software spend over the next six years
The carbon management software market will reach $1.5 billion in 2029
Figure 1. Market size and forecast methodology
Figure 2. Breakdown of industries included in our market size and forecast
Figure 3. Geographic breakdown of core countries within six regions   
Figure 4. Carbon management software market by region: 2023
Figure 5. Carbon management software market by industry: 2023
Figure 6. The carbon management software market will grow fastest in Asia
Figure 7. Manufacturing, wholesale and retail trade, and finance will be the largest spenders in 2029

About the Authors

Alessandra Leggieri

Alessandra Leggieri

Industry Analyst

Alessandra Leggieri is an Industry Analyst in the Verdantix Net Zero & Climate Risk practice. Her current research agenda focuses on solutions for GHG emissions and net ze…

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Ryan Skinner

Ryan Skinner

Research Director, Net Zero & Climate Risk

Ryan is the Research Director for the Verdantix Net Zero & Climate Risk practice. He guides the research team to develop compelling research at the intersection of net zer…

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