Carbon Footprint Management Market Size, Share, Growth, Trends, and Global Industry Analysis: By Type (Solutions, Services), By Deployment (Cloud, On-Premises), By End-User (IT and Telecom, Transportation and Logistics, Residential and Commercial Buildings, Energy and Utilities, Manufacturing, Others) and Region Forecast 2020-2031

Carbon Footprint Management Market size was valued at US$ 12,7792.6 million in 2024 and is projected to reach US$ 26,061.0 million by 2031, growing at a 10.7% CAGR from 2025–2031. The carbon footprint is the total amount of greenhouse gases released into the atmosphere because of any human activity. Greenhouse gases steadily deplete the earth's protective ozone layer, contributing to catastrophic issues such as climate change, global warming, and a variety of disasters. Controlling and regulating a country's or industry's carbon footprint has become increasingly important as global warming concerns have grown. Private firms and governmental organizations around the world are increasingly focusing their efforts on energy efficiency. The rise of the global economy has boosted energy demand and put a strain on the world's electricity systems. Increasing concerns about the negative impact of carbon emissions on the environment have driven the adoption of carbon footprint management technologies. Several prominent corporations have used carbon footprint measurement and management technology in trial projects across industries. This is due to technology's capacity to act as a large-scale solution for tracking and assisting with CO2 emission reduction targets and climate management objectives.

Key Developments

• In March 2025, RLG announced the launch of Scope 3 Insights, a powerful new product designed to help businesses effectively manage their Scope 3 carbon emissions using real-time, transaction-based data. Unlike traditional methods that rely on broad estimates, Scope 3 Insights calculates emissions based on actual logistics movements, providing highly accurate and actionable insights.
• In January 2025, SET Carbon, a highly anticipated carbon footprint management platform, was officially launched through a collaborative partnership between SET, DCCE, and EXIM Bank on January 16. The new platform offers a more cost-effective and reliable solution for businesses by integrating with government databases, thereby eliminating redundant reporting requirements. Additionally, it enhances access to green finance and helps companies prepare for increasingly stringent environmental regulations.
• In October 2024, Net0, a leading provider of business carbon management solutions, announced the expansion of its global presence with the opening of a new office in Dubai. Since its inception, Net0 has been committed to helping large corporations, public enterprises, and governments reduce their carbon footprints and advance toward a more sustainable future. With an impressive track record of serving numerous Fortune 500 companies, governments, and major organizations worldwide, Net0 has established itself as a key player in the carbon management space.
• In September 2023, EcoVadis launched a carbon emission tracking technology to help companies monitor greenhouse gas emissions. The company intends to address carbon reduction techniques and emissions reporting for products and services across multiple industries.
• In March 2022, Normative published a free version of their carbon emission tracker. Small and medium-sized businesses can use Normative's Business Carbon Calculator to measure their carbon emissions and identify emission hotspots based on data from their buildings and heating, electricity, and gas usage. Additionally, Normative offers paid products for larger businesses.

Carbon Footprint Management Market Segmentation

Based on the type

• Solutions
• Services

Among the types, the solutions segment clearly emerges as the leading driver in the market. Organizations are increasingly prioritizing comprehensive software and analytical platforms that enable them to accurately measure, monitor, and manage their carbon emissions in real time. These solutions offer integrated dashboards, automated data collection, predictive modeling, and customizable reporting tools, empowering companies to meet stringent regulatory requirements and align with global sustainability goals. The demand for actionable insights and scalable tools is especially strong among large enterprises looking to achieve net-zero commitments and strengthen their ESG performance. Moreover, advanced solutions simplify complex carbon accounting processes, making them more accessible even to organizations with limited environmental expertise. As businesses continue to recognize the strategic importance of transparent and efficient emissions management, the solutions segment stands at the forefront, driving market growth and innovation globally.

Based on the Deployment

• Cloud
• On-Premises

Among the deployment modes, the cloud segment stands out as the leading driver of growth in the market. Cloud-based solutions offer unmatched flexibility, scalability, and real-time accessibility, making them highly attractive to organizations seeking efficient and cost-effective ways to manage their carbon emissions. These platforms allow companies to centralize data from multiple locations, streamline reporting, and rapidly adapt to changing regulatory requirements without heavy upfront infrastructure investments. Additionally, cloud deployment supports continuous software updates and integration with advanced analytics and IoT systems, enabling more accurate and dynamic emissions monitoring. The ability to access insights anytime and from anywhere empowers decision-makers to implement immediate corrective actions and improve sustainability strategies. As more businesses move towards digital transformation and remote work models, the preference for cloud-based carbon footprint management solutions continues to rise, solidifying this segment’s dominant position in driving market expansion.

Based on the End-User

• IT and Telecom
• Transportation and Logistics
• Residential and Commercial Buildings
• Energy and Utilities
• Manufacturing
• Others

Among the end-users, the energy and utilities segment emerge as the primary driver of growth in the market. Energy and utilities companies face intense scrutiny regarding their greenhouse gas emissions, as they are some of the largest contributors to global carbon output. To meet strict government regulations and achieve ambitious net-zero targets, these organizations are increasingly adopting advanced carbon footprint management solutions. These tools help monitor emissions across generation, transmission, and distribution processes while providing actionable insights to optimize operations and reduce environmental impact. Furthermore, integrating these solutions with renewable energy initiatives and grid modernization efforts allows utilities to enhance overall efficiency and public trust. With rising pressure from investors, consumers, and regulatory bodies, the demand for transparent, accurate, and real-time emissions data is stronger than ever in this sector. This strong focus on decarbonization positions the energy and utilities segment as the leading force propelling the market forward.