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Carbon Emissions Management Market
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Carbon Emissions Management Market

Author: Vineet Pandey - Business Consultant, Report ID - DS1606006, Published - January 2025

Segmented in Industry Verticals (Manufacturing, Energy & Utilities, Transportation & Logistics, Residential & Commercial Buildings), Solution Type (Carbon Tracking, Reporting & Risk Management, Carbon Trading, Carbon Capture & Storage), Service Type, End Users and Regions - Global Industry Analysis, Size, Share, Trends, and Forecast 2024 – 2034

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Global Carbon Emissions Management
Market Outlook

In light of the increasing focus on reducing greenhouse gases emissions worldwide Carbon Emissions Management has become a key strategy for creating a more sustainable future. The market, for Carbon emissions management was estimated at $13.4 billion in 2024. It is anticipated to increase to $22.0 billion by 2030 with projections indicating a growth to around $33.2 billion by 2035. This expansion represents a compound annual growth rate (CAGR) of 8.6% over the forecast period. Its significance lies in its ability to help organizations, industries and economies accurately gauge, manage and diminish their carbon footprints in order to balance success, with environmental health.


Utilizing approaches like supervision and tracking alongside carbon trading systems forms the foundation of this groundbreaking market that emphasizes openness and responsibility. Developments like the growth of carbon markets and the use of AI to boost effectiveness and precision are key factors, in elevating the importance of this market.


Market Size Forecast & Key Insights

2019
$13.4B2024
2029
$30.6B2034

Absolute Growth Opportunity = $17.2B

The Carbon Emissions Management market is projected to grow from $13.4 billion in 2024 to $30.6 billion in 2034. This represents a CAGR of 8.6%, reflecting rising demand across Carbon Emission Measurement and Reporting, Carbon Capture and Storage (CCS) and Carbon Emission Market Trading.

The Carbon Emissions Management market is set to add $17.2 billion between 2024 and 2034, with service providers targeting Reporting & Risk Management & Carbon Trading Solution Type projected to gain a larger market share.

With Rise in environmental awareness, and Stricter regulatory frameworks, Carbon Emissions Management market to expand 128% between 2024 and 2034.

Opportunities in the Carbon Emissions Management Market

AI & ML for Emission Prediction

The use of AI and ML in managing Carbon Emissions is relatively new at this point, in time. The potential applications of these technologies lie in their ability to predict and forecast emissions trends which can facilitate decision making processes.

Carbon Capture Tech Improvement and Green Financial Instruments

The progress of technology is anticipated to enhance the efficiency and affordability of carbon capture and storage solutions . These advancements have the potential to transform the field of Carbon Emissions Management by providing a method to control emissions effectively and efficiently businesses that pioneer in this domain may experience significant expansion as a result.

The thriving field of Green Finance provides a chance for expansion in managing Carbon Emissions sustainably Business entities can leverage emissions trading systems or carbon credits to receive monetary rewards for reducing their carbon emissions Incorporating carbon management into their financial approach will give businesses a competitive advantage align with the worldwide trend, towards sustainable investments.

Growth Opportunities in North America and Europe

Europe Outlook

Europe has advanced in controlling carbon emissions with nations such as Germany and the UK taking the lead through their thinking environmental strategies that drive healthy competition among them. The European Unions dedication to cutting down emissions opens up possibilities for businesses. As the number of energy initiatives grows the need, for effective management of carbon emissions is anticipated to rise.

North America Outlook

North America has a history of leading in environmental policy with a well developed market for managing carbon emissions. The competition among businesses to lower their carbon footprint is intense due to regulations and increasing public awareness. There are opportunities for growth, in the development of carbon capture technologies and the implementation of policies that support business practices.

North America Outlook

North America has a history of leading in environmental policy with a well developed market for managing carbon emissions. The competition among businesses to lower their carbon footprint is intense due to regulations and increasing public awareness. There are opportunities for growth, in the development of carbon capture technologies and the implementation of policies that support business practices.

Europe Outlook

Europe has advanced in controlling carbon emissions with nations such as Germany and the UK taking the lead through their thinking environmental strategies that drive healthy competition among them. The European Unions dedication to cutting down emissions opens up possibilities for businesses. As the number of energy initiatives grows the need, for effective management of carbon emissions is anticipated to rise.

Growth Opportunities in North America and Europe

Established and Emerging Market's Growth Trend 2025–2034

1

Major Markets : United States, China, Germany, Japan, United Kingdom are expected to grow at 6.3% to 9.0% CAGR

2

Emerging Markets : India, Brazil, South Africa are expected to grow at 8.3% to 10.8% CAGR

Market Analysis Chart

The drive for development is spurring the Carbon Emissions Management market forward as businesses globally are increasingly focused on reducing their environmental impact in response to growing concerns about the environment and regulations as well as public opinion shifts. The combination of these factors along with emission agreements such as the Paris Agreement has heightened the need, for efficient Carbon Emissions Management solutions.

Recent Developments and Technological Advancement

December 2024

GreenTech Solutions has introduced a cutting edge software platform that utilizes intelligence to enhance the monitoring and implementation of strategies aimed at reducing carbon emissions.

October 2024

EnviroMonitor Inc. acquired CarbonSense Analytics, strengthening their position in the emissions management market

August 2024

ClearSky Solutions unveiled a cutting edge cloud based platform, for monitoring and managing real time carbon emissions.

The market for managing carbon emissions has seen growth thanks to increased environmental awareness and strict regulatory requirements worldwide. There is an increase in the use of carbon management software across various sectors such as manufacturing and retail to efficiently track and decrease their carbon footprint. This rise is driven by the growing need, for sustainability reporting and greenhouse gas management.

Impact of Industry Transitions on the Carbon Emissions Management Market

As a core segment of the Industrial Service industry, the Carbon Emissions Management market develops in line with broader industry shifts. Over recent years, transitions such as Transition to Renewable Energy Sources and Emergence of Carbon Capture Technology have redefined priorities across the Industrial Service sector, influencing how the Carbon Emissions Management market evolves in terms of demand, applications and competitive dynamics. These transitions highlight the structural changes shaping long-term growth opportunities.

1

Transition to Renewable Energy Sources:

The market for managing carbon emissions is going through a change as companies and countries move towards using renewable energy sources like wind power, solar energy and hydroelectric power to effectively lower and control carbon emissions while providing affordable energy solutions. This shift towards energy is motivating businesses, in the market to fund the development of better carbon management systems and methods.

2

Emergence of Carbon Capture Technology:

A notable shift, in the industry is the rise of carbon capture and storage technology which involves capturing carbon dioxide at its source of emission moving it and storing it underground.

Global Events Shaping Future Growth

The chart below highlights how external events including emerging market developments, regulatory changes, and technological disruptions, have added another layer of complexity to the Industrial Service industry. These events have disrupted supply networks, changed consumption behavior, and reshaped growth patterns. Together with structural industry transitions, they demonstrate how changes within the Industrial Service industry cascade into the Carbon Emissions Management market, setting the stage for its future growth trajectory.

Market Dynamics and Supply Chain

Driver: Rise in Environmental Awareness, and Advancements in Technology

A significant factor driving the Carbon Emissions Management market is also the increasing awareness of environmental issues prompting companies and governments to take proactive steps in managing and decreasing their carbon emissions to address climate change concerns. This heightened focus and concern for the environment have also led to a rise in the need, for carbon management solutions.
The progress in technology has also completely transformed Carbon Emissions Management by leveraging innovations in areas like Data Analytics and the IOT . These tools enable effective tracking and mitigation of greenhouse gas emissions and play a crucial role, in driving this market forward.
Numerous economies are also implementing stringent regulatory frameworks and legislation concerning emission control in recent times. Organizations are also increasingly pressured to enhance their management of carbon emissions to meet these standards and drive market expansion.

Restraint: Lack of Global Regulatory Uniformity

The lack of rules for managing carbon emissions poses a significant hurdle to address the issue effectively and uniformly on a global scale. Countries worldwide have varying regulations concerning emissions control; this diversity complicates the establishment of a carbon emissions protocol by multinational companies. This absence of alignment can deter businesses from pursuing initiatives to reduce emissions due to the potential lack of recognition, across all regions where they conduct operations.

Challenge: High Initial Investment Costs

A major challenge is the financial investment needed to implement carbon management strategies initially. Large scale investments are necessary for low carbon technologies like carbon capture and storage which can deter businesses and those, in developing countries from adopting complete carbon management approaches. This obstacle can impede the expansion of the market.

Supply Chain Landscape

Carbon Emissions Measurement & Verification

Gold Standard

Verra

Emissions Modelling Software

Sphera

SimaPro

Emissions Reduction Technologies
ABB / GE Alstom
Sustainable Practices Implementation
Accenture / McKinsey & Company
Carbon Emissions Measurement & Verification

Gold Standard

Verra

Emissions Modelling Software

Sphera

SimaPro

Emissions Reduction Technologies

ABB

GE Alstom

Sustainable Practices Implementation

Accenture

McKinsey & Company

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Leading Providers and Their Strategies

Application AreaIndustryLeading ProvidersProvider Strategies
Carbon Accounting
Business & Finance
IBM, Enablon
Developing comprehensive carbon accounting software that provides detailed insights, facilitates regulatory compliance, and supports sustainability initiatives.
Carbon Footprinting
Manufacturing
SAP, Carbon Trust
Offering tools and services for calculating and reducing product carbon footprints, assisting businesses in identifying high-impact areas and implementing effective changes.
Carbon Trading
Energy & Utility
Schneider Electric, IHS Markit
Delivering solutions for carbon credits trading and management to help industries comply with emission cap limit and trade excess quotas.
Carbon Reduction Consultancy
All Sectors
EY, Accenture
Providing consultancy services for businesses aiming to transition to low-carbon models, materialising carbon reduction projects through strategy development and implementation.

Elevate your strategic vision with in-depth analysis of key applications, leading market players, and their strategies. The report analyzes industry leaders' views and statements on the Carbon Emissions Management market's present and future growth.

Our research is created following strict editorial standards. See our Editorial Policy

Applications of Carbon Emissions Management in Carbon Emission Measurement and Reporting, Carbon Capture and Storage (CCS) and Carbon Emission Market Trading

Carbon Emission Measurement and Reporting

This software helps companies track and report carbon emissions to meet regulations and environmental goals with the added benefit of offering real time analysis and reports for proactive emission reduction strategies supported by top industry names, like Advanced Emissions Solutions and Carbon Clean Solutions.

Carbon Capture and Storage (CCS)

This new system takes in carbon emissions from using fossil fuels and stores it to stop it from getting into the air offering a way to cut down carbon footprint without interrupting current activities in this region of work. The main companies making strides in this sector are Climeworks and Global Thermostat.

Carbon Emission Market Trading

Businesses can use this application to exchange their carbon emission permits promoting a market based strategy for reducing emissions with the added benefit of offering incentives to companies for cutting down their emissions levels effectively. The major players, in this arena include The European Union Emissions Trading System and the California Cap and Trade Program.

Carbon Emissions Management vs. Substitutes:
Performance and Positioning Analysis

CEM takes an approach to cutting down on greenhouse gases instead of just targeting specific areas like other methods do. It stands out in the market with its position and has great growth opportunities due, to increasing environmental worries and regulatory actions.

Carbon Emissions Management
  • Renewable Energy Implementation /
  • Energy Efficiency Technologies
    Effective in mitigating climate change, Promotes sustainable business practices
    Expensive implementation costs, Difficulty in accurately measuring emissions
    Cost-effectiveness, immediate reduction in carbon emissions
    Lack of long-term viability, potential displacement

Carbon Emissions Management vs. Substitutes:
Performance and Positioning Analysis

Carbon Emissions Management

  • Effective in mitigating climate change, Promotes sustainable business practices
  • Expensive implementation costs, Difficulty in accurately measuring emissions

Renewable Energy Implementation / Energy Efficiency Technologies / Carbon Capturing and Storage Techniques

  • Cost-effectiveness, immediate reduction in carbon emissions
  • Lack of long-term viability, potential displacement

CEM takes an approach to cutting down on greenhouse gases instead of just targeting specific areas like other methods do. It stands out in the market with its position and has great growth opportunities due, to increasing environmental worries and regulatory actions.

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Research Methodology

This market research methodology defines the Carbon Emissions Management market scope, captures reliable data, and validates findings through integrated primary and secondary research. The framework ensures accurate market sizing, demand-supply analysis, and competitive benchmarking specific to service-driven business models.


Secondary Research Approach


We begin secondary research by defining the targeted market at both global and regional levels. Positioned within the Industrial Service ecosystem, we analyze Carbon Emissions Management adoption across Government & Regulatory Authorities, Industrial Sectors, and Commercial Units Applications. Data is systematically collected from Professional Associations, Industry-specific Service Registries, company annual reports, country level ministerial sources and other credential sources, enabling detailed mapping of service delivery models, pricing structures, regulatory compliance, and technology enablers.


Key Sources Referenced:

Annual Reports / Industry Magazines / Country Level Ministerial Sources

Interviews of Industry Stake Holders

Industry Views of Consultants

Analyst Views

• Annual Business Surveys (US, EU, Japan)

• NAICS - Economic Statistics (US, Canada)

We benchmark service providers such as IBM Corporation, SAP SE, and Schneider Electric SE, using industry databases, client case studies, annual reports, and partnership disclosures. This secondary research identifies market drivers and constraints, providing the foundation for validation through primary research.


Primary Research Methods


We conduct structured interviews and surveys with industry stakeholders, including Carbon Emissions Measurement & Verification, Emissions Modelling Software, and Emissions Reduction Technologies. Our geographic coverage spans Americas (45%), Europe (30%), and Asia-Pacific (25%) and Middle East & Africa (5%). Our online surveys generally secure a 70% response rate, while in-depth interviews achieve 84% engagement, ensuring a 91% confidence level with ±8.5% margin of error.


Through targeted questionnaires and in-depth interviews, we capture customer satisfaction, vendor selection criteria, service delivery effectiveness, outsourcing vs in-house trade-offs, and post-service value realization. We use interview guides to ensure consistency and anonymous survey options to mitigate response bias. These primary insights validate secondary findings and align market sizing with real-world conditions.


Market Engineering and Data Analysis Framework


Our data analysis framework integrates Top-Down, Bottom-Up, and Company Market Share approaches to estimate and project market size with precision.


Top-down and Bottom-up Process


In the Top-down approach, we disaggregate the global Industrial Service revenues to estimate the Carbon Emissions Management segment, guided by enterprise spending, outsourcing penetration, and service intensity ratios. In the Bottom-up approach, we aggregate project-level, contract-level, and client-spending data at the country and industry levels to construct detailed adoption models. By reconciling both methods, we ensure forecast accuracy and statistical robustness.


We evaluate the service value chain, covering Carbon Emissions Measurement & Verification (Gold Standard, Verra), Emissions Modelling Software (Sphera, SimaPro), and Emissions Reduction Technologies. Our parallel substitute analysis examines alternative models such as Renewable Energy Implementation, Energy Efficiency Technologies, and Carbon Capturing and Storage Techniques, highlighting diversification opportunities and competitive risks.


Company Market Share and Benchmarking


We benchmark leading service providers such as IBM Corporation, SAP SE, and Schneider Electric SE, evaluating their strengths in workforce capacity, global delivery centers, client engagement models, pricing competitiveness, and digital transformation capabilities. By analyzing company revenues, service portfolios, and client contracts, we derive comparative market shares, competitive positioning and growth trajectories across the ecosystem.


Our integration of data triangulation, contract analysis, and company benchmarking, supported by our proprietary Directional Superposition methodology, ensures us precise forecasts and actionable strategic insights into the Carbon Emissions Management market.


Quality Assurance and Compliance


We cross-reference secondary data with primary inputs and external expert reviews to confirm consistency. Further, we use stratified sampling, anonymous surveys, third-party interviews, and time-based sampling to reduce bias and strengthen our results.


Our methodology is developed in alignment with ISO 20252 standards and ICC/ESOMAR guidelines for research ethics. The study methodology follows globally recognized frameworks such as ISO 20252 and ICC codes of practice.

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Carbon Emissions Management Market Data: Size, Segmentation & Growth Forecast

Report AttributeDetails
Market Value in 2025USD 14.6 billion
Revenue Forecast in 2034USD 30.6 billion
Growth RateCAGR of 8.6% from 2025 to 2034
Base Year for Estimation2024
Industry Revenue 202413.4 billion
Growth OpportunityUSD 17.2 billion
Historical Data2019 - 2023
Growth Projection / Forecast Period2025 - 2034
Market Size UnitsMarket Revenue in USD billion and Industry Statistics
Market Size 202413.4 billion USD
Market Size 202717.2 billion USD
Market Size 202920.2 billion USD
Market Size 203022.0 billion USD
Market Size 203430.6 billion USD
Market Size 203533.2 billion USD
Report CoverageMarket revenue for past 5 years and forecast for future 10 years, Competitive Analysis & Company Market Share, Strategic Insights & trends
Segments CoveredIndustry Verticals, Solution Type, Service Type, End Users
Regional scopeNorth America, Europe, Asia Pacific, Latin America and Middle East & Africa
Country scopeU.S., Canada, Mexico, UK, Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Mexico, Argentina, Saudi Arabia, UAE and South Africa
Companies ProfiledIBM Corporation, SAP SE, Schneider Electric SE, Verisae Inc., IHS Markit Ltd., AECOM, Greenstone, Enablon, Enviance, Sphera Solutions Inc., Emission Monitoring Systems Inc. and Dakota Software Corporation
CustomizationFree customization at segment, region or country scope and direct contact with report analyst team for 10 to 20 working hours for any additional niche requirement which is almost equivalent to 10% of report value

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Table of Contents

Industry Insights Report - Table Of Contents

Chapter 1

Executive Summary

Major Markets & Their Performance - Statistical Snapshots

Chapter 2

Research Methodology

2.1Axioms & Postulates
2.2Market Introduction & Research MethodologyEstimation & Forecast Parameters / Major Databases & Sources
Chapter 3

Market Dynamics

3.1Market OverviewDrivers / Restraints / Opportunities / M4 Factors
3.2Market Trends
3.2.1Introduction & Narratives
3.2.2Market Trends - Impact Analysis(Short, Medium & Long Term Impacts)
3.3Supply Chain Analysis
3.4Porter's Five ForcesSuppliers & Buyers' Bargaining Power, Threat of Substitution & New Market Entrants, Competitive Rivalry
Chapter 4

Carbon Emissions Management Market Size, Opportunities & Strategic Insights, by Industry Verticals

4.1Manufacturing
4.2Energy & Utilities
4.3Transportation & Logistics
4.4Residential & Commercial Buildings
Chapter 5

Carbon Emissions Management Market Size, Opportunities & Strategic Insights, by Solution Type

5.1Carbon Tracking
5.2Reporting & Risk Management
5.3Carbon Trading
5.4Carbon Capture & Storage
Chapter 6

Carbon Emissions Management Market Size, Opportunities & Strategic Insights, by Service Type

6.1Consulting
6.2Implementation & Support
6.3Outsourcing Services
Chapter 7

Carbon Emissions Management Market Size, Opportunities & Strategic Insights, by End Users

7.1Government & Regulatory Authorities
7.2Industrial Sectors
7.3Commercial Units
Chapter 8

Carbon Emissions Management Market, by Region

8.1North America Carbon Emissions Management Market Size, Opportunities, Key Trends & Strategic Insights
8.1.1U.S.
8.1.2Canada
8.2Europe Carbon Emissions Management Market Size, Opportunities, Key Trends & Strategic Insights
8.2.1Germany
8.2.2France
8.2.3UK
8.2.4Italy
8.2.5The Netherlands
8.2.6Rest of EU
8.3Asia Pacific Carbon Emissions Management Market Size, Opportunities, Key Trends & Strategic Insights
8.3.1China
8.3.2Japan
8.3.3South Korea
8.3.4India
8.3.5Australia
8.3.6Thailand
8.3.7Rest of APAC
8.4Middle East & Africa Carbon Emissions Management Market Size, Opportunities, Key Trends & Strategic Insights
8.4.1Saudi Arabia
8.4.2United Arab Emirates
8.4.3South Africa
8.4.4Rest of MEA
8.5Latin America Carbon Emissions Management Market Size, Opportunities, Key Trends & Strategic Insights
8.5.1Brazil
8.5.2Mexico
8.5.3Rest of LA
8.6CIS Carbon Emissions Management Market Size, Opportunities, Key Trends & Strategic Insights
8.6.1Russia
8.6.2Rest of CIS
Chapter 9

Competitive Landscape

9.1Competitive Dashboard & Market Share Analysis
9.2Company Profiles (Overview, Financials, Developments, SWOT)
9.2.1IBM Corporation
9.2.2SAP SE
9.2.3Schneider Electric SE
9.2.4Verisae Inc.
9.2.5IHS Markit Ltd.
9.2.6AECOM
9.2.7Greenstone
9.2.8Enablon
9.2.9Enviance
9.2.10Sphera Solutions Inc.
9.2.11Emission Monitoring Systems Inc.
9.2.12Dakota Software Corporation