PUBLISHER: The Business Research Company | PRODUCT CODE: 1682081
PUBLISHER: The Business Research Company | PRODUCT CODE: 1682081
Cloud carbon management systems are software platforms designed to help organizations measure, analyze, and mitigate carbon emissions and environmental impact through cloud-based solutions. These systems enable businesses to track their carbon footprint, identify improvement areas, and implement sustainability strategies.
The main types of components in a cloud carbon management system are solutions and services. Solutions refer to software products and platforms designed to measure, analyze, and mitigate carbon emissions associated with cloud computing. It is used in various applications, such as large enterprises and small and medium enterprises (SMEs), and is also employed in various industries, including energy and utilities, manufacturing, residential and commercial building, transportation and logistics, IT and telecom, and other industries.
The main types of components in a cloud carbon management system are solutions and services. Solutions refer to software products and platforms designed to measure, analyze, and mitigate carbon emissions associated with cloud computing. It is used in various applications, such as large enterprises and small and medium enterprises (SMEs), and is also employed in various industries, including energy and utilities, manufacturing, residential and commercial building, transportation and logistics, IT and telecom, and other industries.
The cloud carbon management system market size has grown strongly in recent years. It will grow from $7.41 billion in 2024 to $8.11 billion in 2025 at a compound annual growth rate (CAGR) of 9.6%. The growth in the historic period can be attributed to growing environmental awareness, increasing carbon emissions, regulatory compliance pressure, rising energy costs, emergence of carbon pricing mechanisms.
The cloud carbon management system market size is expected to see strong growth in the next few years. It will grow to $11.73 billion in 2029 at a compound annual growth rate (CAGR) of 9.6%. The growth in the forecast period can be attributed to strengthening of global climate agreements, shift towards circular economy models, increasing consumer demand for eco-friendly products and services, growing investor focus on sustainability performance, accelerated adoption of renewable energy sources. Major trends in the forecast period include rise of carbon offsetting and carbon removal solutions, integration of carbon management into supply chain management systems, development of interoperable carbon accounting platforms, adoption of real-time carbon monitoring and reporting tools, emergence of industry-specific carbon management standards and certifications.
The growing industrial demand for energy consumption is expected to propel the growth of the cloud carbon management system market going forward. Energy consumption refers to the total amount of energy utilized by individuals, organizations, or systems within a specific timeframe, often measured in kilowatt-hours or joules. It arises due to expanding manufacturing activities, technological advancements requiring more energy-intensive processes, and population growth driving product demand. Cloud carbon management systems address industrial demand for energy consumption by providing tools and insights to optimize energy usage, reduce carbon emissions, and promote sustainability within industrial operations. For instance, in April 2023, according to a report published by the United States Energy Information Administration (EIA), a US-based statistical agency, between 2022 and 2050, residential consumption of purchased electricity is projected to rise by approximately 14% to 22%, reaching 5.9 to 6.3 quads, while electricity purchased for transportation, driven by increased adoption of electric vehicles (EVs), is expected to surge from 0.1 quads in 2022 to between 0.6 and 1.3 quads in 2050, marking a substantial 900% to 2,000% increase across all scenarios. Therefore, the growing industrial demand for energy consumption is driving the growth of the cloud carbon management system market.
Major companies operating in the cloud carbon management system market are developing advanced solutions, such as a carbon management solution, to help global customers measure, analyze, and manage their carbon emissions and gain a competitive edge in the market. This solution encompasses a range of technologies and strategies to measure, track, manage, and reduce carbon emissions from industrial facilities, power plants, and other sources, which are critical in achieving sustainability and environmental performance goals. For instance, in June 2022, Alibaba Cloud, a China-based cloud computing company, launched the Energy Expert. This platform offers real-time carbon footprint tracking, actionable insights, AI-powered analytics computing, and comprehensive energy and emission management features. Its significance in the cloud carbon management system market lies in its capacity to assist companies worldwide in measuring, analyzing, and managing carbon emissions, facilitating alignment with global sustainability goals, and enabling enterprises to achieve carbon neutrality through advanced technologies and streamlined solutions.
In April 2024, LevelUp, a technology company based in Singapore specializing in climate technology, acquired Zevero for an undisclosed amount. This acquisition aims to integrate Zevero's carbon accounting platform with LevelUp's expertise in agriculture, enhancing decarbonization capabilities and expanding into new industries and markets. The merger will allow companies to measure and reduce their carbon footprints in real-time, while strengthening Zevero's position in the carbon accounting market and contributing to the fight against climate change. Zevero, a UK-based decarbonization platform, helps companies achieve net-zero emissions through AI-driven carbon modeling and real-time analytics.
Major companies operating in the cloud carbon management system market are Engie SA, The International Business Machines Corporation (IBM), Schneider Electric SE, SAP SE, Salesforce Inc., Enablon (Wolters Kluwer N.V.), IHS Markit, Trinity Consultants Inc., Enviance Inc., Thinkstep, Intelex Technologies ULC, Climeworks AG, IsoMetrix Software, Hara Software, Carbon Clean Solutions, Carbon Lighthouse, Locus Technologies, Energetics, EnergyCAP LLC, CarbonCure Technologies, FirstCarbon Solutions, Envirosoft Corporation, Carbon Footprint Ltd., Climate Earth, Greenstone+, Native Energy, Dakota Software, ESP (New Zealand Green Investment Finance), COzero, Ecometrica
North America was the largest region in the cloud carbon management system market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the cloud carbon management system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the cloud carbon management system market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The cloud carbon management system market consists of revenues earned by entities by providing services such as carbon footprint tracking, emissions analysis, sustainability reporting, environmental impact assessment, carbon offsetting solutions, energy consumption monitoring, compliance management and supply chain carbon tracking. The market value includes the value of related goods sold by the service provider or included within the service offering. The cloud carbon management system market also includes sales of products such as carbon management software, energy management systems, emissions tracking systems, environmental impact assessment tools, energy consumption monitoring systems, compliance management software, carbon offsetting platforms, etc. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Cloud Carbon Management System Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on cloud carbon management system market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for cloud carbon management system ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The cloud carbon management system market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.