Carbon Accounting Software Market: Current Analysis and Forecast (2025-2033)

Global Carbon Accounting Software Market Size & Forecast

The Global Carbon Accounting Software Market was valued at USD 19,496 million in 2024 and is expected to grow at a strong CAGR of around 22.5% during the forecast period (2025-2033), driven by rising sustainability reporting needs and net-zero initiatives.

Carbon Accounting Software Market Analysis

Carbon accounting software is a computer program that allows organizations to measure, monitor, manage, and report their emissions of greenhouse gases in their operations, supply chain, and product lifecycle. Through its data capturing of energy use, fuel use, transportation, waste generation, logistics, and procurement activities, it transforms raw business inputs to precise carbon figures in line with the standards, including the Greenhouse Gas Protocol, ISO 14064, and the regulatory carbon reporting requirements.

The carbon accounting software market is expanding as more organizations are pressurized globally to quantify and minimize their carbon emissions in response to stricter environmental laws, ESG disclosures, and the net-zero bans. Businesses in all sectors are turning more towards making sustainability a part of the business strategy, in the quest to attain a better brand name, satisfaction of investors, and to escape fines. The increasing consciousness of climate change, corporate visibility, and the necessity to get the right data in terms of sustainability further promote its acceptance in different industries. Moreover, growing product launches by leading players further flourish the growth of the market.

For instance, in October 2025, Diginex announced the launch of its new Carbon Ledger platform aimed at streamlining transparency and verification of corporate carbon-offset portfolios. The initiative marks a strategic push into validated carbon-accounting solutions, aligning with emerging ESG and net-zero market demands.

Global Carbon Accounting Software Market Trends

This section discusses the key market trends that are influencing the various segments of the global Carbon Accounting Software market, as found by our team of research experts.

Growing adoption of cloud-based platforms for scalable emissions tracking

The increasing use of cloud-based systems in scalable emissions monitoring is becoming one of the significant trends in the carbon accounting software market in the future. The deployment of clouds urges organizations to centrally store the emissions data in several centers and geographical locations to avoid the inconvenience of monitoring them in real-time and to facilitate their integration into the existing business systems. The necessity to have flexible and high-capacity data infrastructure is increasing as companies continue to increase their sustainability activities and monitor Scope 3 emissions in their global supply chains. Cloud solutions are also less expensive than upfront investments, as they improve security through continuous updates and provide automated analytics to support decision-making.

Carbon Accounting Software Industry Segmentation

This section provides an analysis of the key trends in each segment of the global carbon accounting software market report, along with forecasts at the global, regional, and country levels for 2025-2033.

The Cloud-based Market Dominates the Global Carbon Accounting Software Market

Based on the deployment category, the market is categorised into cloud-based and on-premise. Among these, the cloud-based segment has the largest market share because of its reduced initial expenses, less complex implementation, scalability, and integration with several data sources in its global operations. Real-time analytics and remote access are also supported by cloud solutions and are therefore very effective in organizations that have a wide range of supply chains. The cloud-based segment is set to expand considerably in the future as more companies look to digital sustainability solutions and look to have flexible and automated systems to satisfy the changing reporting needs.

The Energy & Utilities Industry Dominates the Global Carbon Accounting Software Market.

Based on the industry category, the market is segmented into energy & utilities, IT & telecom, healthcare, transportation & logistics, retail, construction & infrastructure, food & beverages, Chemicals, and others. Among these, the maximum market share is currently occupied by the energy and utilities industry since it is among the greatest emitters of greenhouse gases, and with the high regulatory requirements, where emissions monitoring, reporting, and reduction are mandatory. The utilities and energy generators are obligated to monitor the Scope 1, 2, and, to an ever-increasing extent, the Scope 3 emissions, compelling the adoption of strong technologies. However, the Transportation & Logistics segment is anticipated to experience the most significant growth because of the increased environmental pollution associated with fuel, the growth of global supply chains, and intensified governmental pressure alongside corporate sustainability objectives to decarbonize fleet operations and enhance the transparency of supply chains.

North America holds the largest market share in the global Carbon Accounting Software market

The carbon accounting software market has the highest market share in the North America region because of its excellent regulatory framework, high level of technology infrastructure, and early adoption of sustainable practices. In the U.S. and Canada, the pressure on companies to limit and monitor greenhouse gas emission levels is growing, and investors, stakeholders, and government regulations are increasing the demand on these companies to accurately measure carbon. The region also has a number of carbon management leadership software providers, which speeds up innovation and market adoption. Moreover, great consciousness of ESG standards, epibiotic climate declarations, and corporate net-zero guarantees also enhance the uptake, which makes North America a major centre of carbon accounting technology advancement.

The United States held a Dominant share of the North America Carbon Accounting Software Market in 2024

The United States holds a major market share of the North America Carbon Accounting Software Market mainly because it has a mature corporate governance setting and has a significant involvement in global climate programs. The U.S. has many companies with operations in foreign countries, and they are subject to standard, transparent emission reporting that ensures consistency across borders. Climate policies at the federal and state levels, along with market-based actions like carbon pricing and sustainability-based financing, encourage organizations to use carbon tracking tools such as carbon accounting software. Digital readiness and large-scale adoption of clouds are favored in the U.S., which allows it to implement them faster and more easily. Also, the powerful sustainability programs of Fortune 500 companies have had a cascading effect, influencing the mass market towards their implementation in the mid- and small-sized business landscape, which has solidified U.S. dominance in the region.

Carbon Accounting Software Industry Competitive Landscape

The global carbon accounting software market is competitive, with several global and international market players. The key players are adopting different growth strategies to enhance their market presence, such as partnerships, agreements, collaborations, geographical expansions, and mergers and acquisitions.

Top Carbon Accounting Software Market Companies

Some of the major players in the market are BraveGen (Energy Solution Providers Limited), Carbon Analytics PBC, SAP SE, Net0, Normative, Sphera Solutions, Inc. (Delaware corporation), Salesforce Inc., Greenly, SINAI Technologies, Inc., and Microsoft.

Recent Developments in the Carbon Accounting Software Market

• In October 2025, Greenly announced the launch of its new AI-powered carbon accounting platform, EcoPilot, which automates data collection, structuring, and emissions-factor assignment, enabling companies to model Scope 3 reductions and run “what-if” scenarios for net-zero pathways.

• In June 2024, SCS Consulting Services (SCS) announced a new partnership with leading carbon accounting platform developer “Sustain Life”, offering a comprehensive carbon management solution for organizations of all sizes.

• In July 2023, Plan A and Alphabet announced an exclusive long-term partnership to provide fleet managers with the software tools and expertise to account for their fleet emissions, identify and take effective action to decarbonize their operations, and eventually mitigate their climate impact.

Global Carbon Accounting Software Market Report Coverage

Reasons to Buy the Carbon Accounting Software Market Report:

• The study includes market sizing and forecasting analysis confirmed by authenticated key industry experts.

• The report briefly reviews overall industry performance at a glance.

• The report covers an in-depth analysis of prominent industry peers, primarily focusing on key business financials, type portfolios, expansion strategies, and recent developments.

• Detailed examination of drivers, restraints, key trends, and opportunities prevailing in the industry.

• The study comprehensively covers the market across different segments.

• Deep dive regional level analysis of the industry.

Customization Options:

The global Carbon Accounting Software market can further be customized as per the requirements or any other market segment. Besides this, UnivDatos understands that you may have your own business needs; hence, feel free to contact us to get a report that completely suits your requirements.