The global carbon footprint management market is projected to reach USD 30.8 billion by 2028 from an estimated USD 11.3 billion in 2023, at a CAGR of 22.2% during the forecast period. An increase in government initiatives for emissions reduction, increasing demand for energy consumption by industries, and implementation of COP27 targets to limit global warming are the major drivers of the carbon footprint management markets. A general shift toward cloud computing and paperless economy is another factor that would provide opportunities for the growth of the carbon footprint management market during the forecast period.
Partnerships and product launches are among the key growth strategies adopted by leading companies such as Schneider Electric (France), SAP (Germany), IBM (US), Salesforce (US), and ENGIE (France) to boost their position in the carbon footprint management market. The other companies in the carbon footprint management market focus majorly on acquisitions, partnerships, product launches, collaborations, and expansions to grab a strong foothold in the market.
To know about the assumptions considered for the study download the pdf brochure
Schneider Electric is an European multinational company that focuses on digital automation and energy management. The company operates through two business segments, namely, Energy Management, and Industrial Automation. It provides solutions for sectors like homes, buildings, data centers, infrastructure, and industries, by combining energy technologies, real-time automation, software, and services. Carbon footprint management and related services are offered by the company under its Energy Management segment. Schneider Electric SE has a broad clientele present in over 100 countries across the Americas, Europe, MEA, and Asia Pacific.
Salesforce is a US based global cloud-based software company specializing in customer relationship management (CRM) software and applications focusing on innovations in cloud mobile, social, analytics and artificial intelligence which enable companies to transform their businesses in the digital era. It caters solutions, platforms, and services to industries including financial services, healthcare & life sciences, retail, manufacturing, consumer goods, communications, media, government, transportation & hospitality, automotive, energy, education, and nonprofit organizations. In the carbon footprint management space, Salesforce offers a ‘Sustainability Cloud’ solution which allows businesses to quickly track, analyze, and report reliable environmental data to help them reduce their carbon emissions. The company has a strong presence in North America and South America with the region holding a share of 67.9% in the total revenue in 2021.
Carbon Footprint Management Market Component (Solutions, and Services), Deployment Mode (On-premises, and Cloud), Organization Size (Corporates/Enterprises, Mid-Tier Enterprises, Small Businesses), Vertical & Region - Global Forecast to 2028
Mr. Aashish Mehra
630 Dundee Road
Northbrook, IL 60062
USA : 1-888-600-6441
This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. See for yourself.SEND ME A FREE SAMPLE