Worldwide Carbon Footprint Management Industry to 2027 – Featuring IBM, SAP and … – Press Release


DUBLIN, March 10, 2022 /PRNewswire/ — The “Global Carbon Footprint Management Market, By Component (Solution vs Service {Professional v/s Managed}), By Deployment Mode (On-Premise vs Cloud), By Type, By End User Industry, By Region, Competition, Forecast and Opportunities, 2027” report has been added to ResearchAndMarkets.com’s offering.

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The Global Carbon Footprint Management Market valued at USD9289.64 million in 2021 and is anticipated to project a robust growth in the forecast period with a CAGR of 10.30% and reach USD16411.66 million by 2027F, owing to rapidly increasing in initiatives by corporates for environmental sustainability and increasing demand for clean energy consumption by industries.

The market growth is estimated on the grounds of increasing demand for clean energy and increasing concerns regarding degrading environment. Also, increasing greenhouse gas emissions and higher energy consumption by the industries are also actively driving the growth of the Global Carbon Footprint Management Market in the upcoming five years. Carbon footprint management is a complete system of solutions and services that keeps a check over increasing carbon emissions and managing its quantity in the environment to save the environment from degradation.

The system is also incorporated to raise awareness, quantifying the emissions, advancing various methods to reduce the cost of carbon emission management services, along with managing the cloud services recording and analyzing data related to carbon footprint. Transportation industry along with the factories, manufacturing units, and power houses, generate large amount of carbon emissions. Adoption of carbon footprint management system to control the emissions, is also supporting the market growth in next five years. Moreover, rising awareness about the increasing greenhouse gases, carbon emissions, and their ill effects over environment, and lives of living beings are also substantiating the…