Carbon Management System Market

The carbon management software and services adoption is increasing across the globe. Today, almost all the industry verticals are aware of the carbon emission issues and actively promote the businesses green credentials. The organizations are in-turn benefited with rise in their corporate profile and even in some cases generate more business and forge new B2B relationships and partnerships. Many organizations have implemented carbon management policies as part of their sustainability strategy, to counterbalance the Greenhouse Gas (GHG) emissions generated via consumption and combustion of fossil fuels. To do so, organizations repeatedly need to implement laborious procedures to measure, scrutinize, and report on their emissions in order to make sure of compliance with increasingly stringent regulatory requirements.

Most of the advanced economies such as North America and Western Europe have set carbon emission targets for their private and government industry verticals and are pushed above the growth phase. Meanwhile, emerging nations in Asia-Pacific, Latin America, Eastern Europe, the Middle East, and Africa are pushed toward the growth phase. The economic recession focus on energy efficient policies; stringent environmental regulations, rising energy cost, corporate social responsibility are some of the driving factors for this market, while, lack of technical knowledge and ambiguous regulatory environment are the challenges faced by this market.

Accenture, CA, Inc., Carbonetworks, Enviance, Foresite Systems, Greenstone Carbon Management, Hara, IBM, SAP, SAS, Symantec are some of the leading vendors offering CMS. Also, some of the private players who cater to the CMS market with their innovative offering are categorized as the key innovator in the research report.

MarketsandMarkets has segmented the global CMS market by software, services, verticals and regions. The market research report analyzes global adoption trends, future growth potential, key drivers, restraints, opportunities, and best practices in this market.

On the basis of software:

This market is segmented on the basis of solutions such as data management, asset performance optimization, application platform, forecasting analytics, and dashboard and reporting tools.

On the basis of service:

This market is segmented on the basis of solutions into consulting & training and support & maintenance services.

On the basis of industry:

This market is segmented on the basis of verticals which include manufacturing, telecom and IT, office and commercial buildings, Municipal, University, School and Hospital (MUSH) systems, utility, power and energy, and government.

On the basis of geographical regions:

Geographical regions are classified into North America (NA), Europe, Latin America (LA), Asia-Pacific (APAC), and Middle East and Africa (MEA).