Carbon accounting software market 2022-2026: A descriptive analysis of five forces model, market dynamics, and segmentation - Technavio

NEW YORK, Jan. 30, 2023 /PRNewswire/ -- According to Technavio, the global carbon accounting software market size is estimated to grow by USD 9.61 billion from 2021 to 2026. The market is estimated to grow at a CAGR of 28.66%. Moreover, the growth momentum will accelerate. North America will account for 37% of the market's growth during the forecast period. The report provides a comprehensive analysis of growth opportunities at regional levels, new product launches, the latest trends, and the post-pandemic recovery of the global market. To know more, buy the report!

Global carbon accounting software market - Five forces
The global carbon accounting software market is fragmented, and the five forces analysis covers– 

• Bargaining power of buyers 
• The threat of new entrants
• Threat of rivalry
• Bargaining power of suppliers
• Threat of substitutes
• For interpretation of Porter's five forces model – Request a sample report 

Global carbon accounting software market – Customer landscape

The report includes the market's adoption lifecycle, from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global carbon accounting software market - Segmentation assessment

Segment overview
Technavio has segmented the market based on end-user (telecommunication, oil and gas, technology, power and utilities, and others). 

• The telecommunication segment will account for a significant share of the market's growth during the forecast period. Carbon accounting software is used by telecom companies to monitor their carbon emissions and reduce their operational costs. Some of the components responsible for carbon emissions include antennas, feeders, cables, and other transmission equipment. Passive components such as telecom towers, sites, and others also lead to carbon emissions.

Geography overview
Based on geography, the global carbon accounting software market is segmented into North America, Europe, APAC, Middle East and Africa, and South America. The report provides actionable insights and estimates the contribution of all regions to the growth of the global carbon accounting software market.

• North America will account for 37% of the market's growth during the forecast period. The US is a key country for the carbon accounting software market in the region. Moreover, market growth in this region will be faster than the growth of the market in Europe and South America. Concerns regarding increasing CO₂ emission rates will drive the carbon accounting software market growth in North America during the forecast period.

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Global carbon accounting software market – Market dynamics
Key factor driving market growth

• The need to reduce the overall costs incurred by enterprises is driving the carbon accounting software market.
• With the help of carbon accounting software, enterprises can identify appropriate cost-saving opportunities.
• They can also identify business activities that use a lot of energy and take action accordingly.
• This reduces the overall costs incurred by these enterprises.
• Such factors are expected to drive the growth of the global carbon accounting software market during the forecast period

Leading trends influencing the market

• Government initiatives and regulations to reduce carbon emissions are a trend in the market.
• Governments of different countries are taking initiatives to reduce GHG emissions by formulating energy-related rules and regulations.
• To meet the GHG emission regulatory requirements, organizations should observe, measure, and monitor the levels of emissions of substances such as carbon.
• These factors are encouraging companies to adopt carbon accounting software, which, in turn, will support the growth of the global carbon accounting software market during the forecast period

Major challenges hindering market growth

• The difficulty in capturing energy usage data will challenge the carbon accounting software market growth during the forecast period.
• Most organizations rarely track their energy usage.
• Calculating carbon emissions involves tracking down utility invoices for numerous buildings and contacting multiple plant managers to ascertain the use of propane, natural gas, and other energy sources.
• Estimating the use of energy by equipment such as chillers, trucks, fleets, remote offices, and generators is difficult and time-consuming.
• Therefore, challenges in capturing accurate data will impede the global carbon accounting software market

Drivers, trends, and challenges have an impact on market dynamics, which can impact businesses. Find more insights in a sample report!

What are the key data covered in this carbon accounting software market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the carbon accounting software market between 2022 and 2026
• Precise estimation of the size of the carbon accounting software market and its contribution to the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the carbon accounting software market across North America, Europe, APAC, Middle East and Africa, and South America
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of carbon accounting software market vendors

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Table of contents

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
• Exhibit 06: Executive Summary – Chart on Incremental Growth
• Exhibit 07: Executive Summary – Data Table on Incremental Growth
• Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 09: Parent market
• Exhibit 10: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 11: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 12: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026 
• Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
• Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary 
• Exhibit 17: Five forces analysis - Comparison between 2021 and 2026

• 4.2 Bargaining power of buyers 
• Exhibit 18: Bargaining power of buyers – Impact of key factors in 2021 and 2026

• 4.3 Bargaining power of suppliers 
• Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants 
• Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes 
• Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry 
• Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition 
• Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by End-user

• 5.1 Market segments 
• Exhibit 24: Chart on End-user - Market share 2021-2026 (%)
• Exhibit 25: Data Table on End-user - Market share 2021-2026 (%)

• 5.2 Comparison by End-user 
• Exhibit 26: Chart on Comparison by End-user
• Exhibit 27: Data Table on Comparison by End-user

• 5.3 Telecommunication - Market size and forecast 2021-2026
• Exhibit 28: Chart on Telecommunication - Market size and forecast 2021-2026 ($ million)
• Exhibit 29: Data Table on Telecommunication - Market size and forecast 2021-2026 ($ million)
• Exhibit 30: Chart on Telecommunication - Year-over-year growth 2021-2026 (%)
• Exhibit 31: Data Table on Telecommunication - Year-over-year growth 2021-2026 (%)

• 5.4 Oil and gas - Market size and forecast 2021-2026
• Exhibit 32: Chart on Oil and gas - Market size and forecast 2021-2026 ($ million)
• Exhibit 33: Data Table on Oil and gas - Market size and forecast 2021-2026 ($ million)
• Exhibit 34: Chart on Oil and gas - Year-over-year growth 2021-2026 (%)
• Exhibit 35: Data Table on Oil and gas - Year-over-year growth 2021-2026 (%)

• 5.5 Technology - Market size and forecast 2021-2026
• Exhibit 36: Chart on Technology - Market size and forecast 2021-2026 ($ million)
• Exhibit 37: Data Table on Technology - Market size and forecast 2021-2026 ($ million)
• Exhibit 38: Chart on Technology - Year-over-year growth 2021-2026 (%)
• Exhibit 39: Data Table on Technology - Year-over-year growth 2021-2026 (%)

• 5.6 Power and utilities - Market size and forecast 2021-2026
• Exhibit 40: Chart on Power and utilities - Market size and forecast 2021-2026 ($ million)
• Exhibit 41: Data Table on Power and utilities - Market size and forecast 2021-2026 ($ million)
• Exhibit 42: Chart on Power and utilities - Year-over-year growth 2021-2026 (%)
• Exhibit 43: Data Table on Power and utilities - Year-over-year growth 2021-2026 (%)

• 5.7 Others - Market size and forecast 2021-2026
• Exhibit 44: Chart on Others - Market size and forecast 2021-2026 ($ million)
• Exhibit 45: Data Table on Others - Market size and forecast 2021-2026 ($ million)
• Exhibit 46: Chart on Others - Year-over-year growth 2021-2026 (%)
• Exhibit 47: Data Table on Others - Year-over-year growth 2021-2026 (%)

• 5.8 Market opportunity by End-user 
• Exhibit 48: Market opportunity by End-user ($ million)

6 Customer Landscape

• 6.1 Customer landscape overview 
• Exhibit 49: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

• 7.1 Geographic segmentation 
• Exhibit 50: Chart on Market share by geography 2021-2026 (%)
• Exhibit 51: Data Table on Market share by geography 2021-2026 (%)

• 7.2 Geographic comparison 
• Exhibit 52: Chart on Geographic comparison
• Exhibit 53: Data Table on Geographic comparison

• 7.3 North America - Market size and forecast 2021-2026
• Exhibit 54: Chart on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 55: Data Table on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 56: Chart on North America - Year-over-year growth 2021-2026 (%)
• Exhibit 57: Data Table on North America - Year-over-year growth 2021-2026 (%)

• 7.4 Europe - Market size and forecast 2021-2026
• Exhibit 58: Chart on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 59: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 60: Chart on Europe - Year-over-year growth 2021-2026 (%)
• Exhibit 61: Data Table on Europe - Year-over-year growth 2021-2026 (%)

• 7.5 APAC - Market size and forecast 2021-2026
• Exhibit 62: Chart on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 63: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 64: Chart on APAC - Year-over-year growth 2021-2026 (%)
• Exhibit 65: Data Table on APAC - Year-over-year growth 2021-2026 (%)

• 7.6 Middle East and Africa - Market size and forecast 2021-2026 
• Exhibit 66: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 67: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 68: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
• Exhibit 69: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

• 7.7 South America - Market size and forecast 2021-2026
• Exhibit 70: Chart on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 71: Data Table on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 72: Chart on South America - Year-over-year growth 2021-2026 (%)
• Exhibit 73: Data Table on South America - Year-over-year growth 2021-2026 (%)

• 7.8 US - Market size and forecast 2021-2026
• Exhibit 74: Chart on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 75: Data Table on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 76: Chart on US - Year-over-year growth 2021-2026 (%)
• Exhibit 77: Data Table on US - Year-over-year growth 2021-2026 (%)

• 7.9 China - Market size and forecast 2021-2026
• Exhibit 78: Chart on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 79: Data Table on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 80: Chart on China - Year-over-year growth 2021-2026 (%)
• Exhibit 81: Data Table on China - Year-over-year growth 2021-2026 (%)

• 7.10 Germany - Market size and forecast 2021-2026
• Exhibit 82: Chart on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 83: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 84: Chart on Germany - Year-over-year growth 2021-2026 (%)
• Exhibit 85: Data Table on Germany - Year-over-year growth 2021-2026 (%)

• 7.11 UK - Market size and forecast 2021-2026
• Exhibit 86: Chart on UK - Market size and forecast 2021-2026 ($ million)
• Exhibit 87: Data Table on UK - Market size and forecast 2021-2026 ($ million)
• Exhibit 88: Chart on UK - Year-over-year growth 2021-2026 (%)
• Exhibit 89: Data Table on UK - Year-over-year growth 2021-2026 (%)

• 7.12 Japan - Market size and forecast 2021-2026
• Exhibit 90: Chart on Japan - Market size and forecast 2021-2026 ($ million)
• Exhibit 91: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
• Exhibit 92: Chart on Japan - Year-over-year growth 2021-2026 (%)
• Exhibit 93: Data Table on Japan - Year-over-year growth 2021-2026 (%)

• 7.13 Market opportunity by geography 
• Exhibit 94: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges

• 8.3 Impact of drivers and challenges 
• Exhibit 95: Impact of drivers and challenges in 2021 and 2026

• 8.4 Market trends

9 Vendor Landscape

• 9.1 Overview

• 9.2 Vendor landscape 
• Exhibit 96: Overview on Criticality of inputs and Factors of differentiation

• 9.3 Landscape disruption 
• Exhibit 97: Overview on factors of disruption

• 9.4 Industry risks 
• Exhibit 98: Impact of key risks on business

10 Vendor Analysis

• 10.1 Vendors covered 
• Exhibit 99: Vendors covered

• 10.2 Market positioning of vendors 
• Exhibit 100: Matrix on vendor position and classification

• 10.3 Carbon Analytics Ltd. 
• Exhibit 101: Carbon Analytics Ltd. - Overview
• Exhibit 102: Carbon Analytics Ltd. - Product / Service
• Exhibit 103: Carbon Analytics Ltd. - Key offerings

• 10.4 CarbonetiX 
• Exhibit 104: CarbonetiX - Overview
• Exhibit 105: CarbonetiX - Product / Service
• Exhibit 106: CarbonetiX - Key offerings

• 10.5 ENGIE SA 
• Exhibit 107: ENGIE SA - Overview
• Exhibit 108: ENGIE SA - Business segments
• Exhibit 109: ENGIE SA - Key news
• Exhibit 110: ENGIE SA - Key offerings
• Exhibit 111: ENGIE SA - Segment focus

• 10.6 Greenstep Oy 
• Exhibit 112: Greenstep Oy - Overview
• Exhibit 113: Greenstep Oy - Product / Service
• Exhibit 114: Greenstep Oy - Key offerings

• 10.7 Intelex Technologies Inc. 
• Exhibit 115: Intelex Technologies Inc. - Overview
• Exhibit 116: Intelex Technologies Inc. - Product / Service
• Exhibit 117: Intelex Technologies Inc. - Key offerings

• 10.8 Lisam Systems SA 
• Exhibit 118: Lisam Systems SA - Overview
• Exhibit 119: Lisam Systems SA - Product / Service
• Exhibit 120: Lisam Systems SA - Key offerings

• 10.9 SAP SE 
• Exhibit 121: SAP SE - Overview
• Exhibit 122: SAP SE - Business segments
• Exhibit 123: SAP SE - Key news
• Exhibit 124: SAP SE - Key offerings
• Exhibit 125: SAP SE - Segment focus

• 10.10 SIERRA ODC Pvt. Ltd. 
• Exhibit 126: SIERRA ODC Pvt. Ltd. - Overview
• Exhibit 127: SIERRA ODC Pvt. Ltd. - Product / Service
• Exhibit 128: SIERRA ODC Pvt. Ltd. - Key offerings

• 10.11 Simble Solutions Ltd. 
• Exhibit 129: Simble Solutions Ltd. - Overview
• Exhibit 130: Simble Solutions Ltd. - Business segments
• Exhibit 131: Simble Solutions Ltd. - Key offerings
• Exhibit 132: Simble Solutions Ltd. - Segment focus

• 10.12 Wolters Kluwer NV 
• Exhibit 133: Wolters Kluwer NV - Overview
• Exhibit 134: Wolters Kluwer NV - Business segments
• Exhibit 135: Wolters Kluwer NV - Key offerings
• Exhibit 136: Wolters Kluwer NV - Segment focus

11 Appendix

• 11.1 Scope of the report

• 11.2 Inclusions and exclusions checklist 
• Exhibit 137: Inclusions checklist
• Exhibit 138: Exclusions checklist

• 11.3 Currency conversion rates for US$ 
• Exhibit 139: Currency conversion rates for US$

• 11.4 Research methodology 
• Exhibit 140: Research methodology
• Exhibit 141: Validation techniques employed for market sizing
• Exhibit 142: Information sources

• 11.5 List of abbreviations 
• Exhibit 143: List of abbreviations

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Website: www.technavio.com/
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