The Asia Pacific Carbon Accounting Software Market would witness market growth of 22.7% CAGR during the forecast period (2024-2031).
The China market dominated the Asia Pacific Carbon Accounting Software Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $5,543.6 million by 2031. The Japan market is registering a CAGR of 22% during (2024 - 2031). Additionally, The India market would showcase a CAGR of 23.5% during (2024 - 2031).
The adoption of this software has accelerated in recent years, driven by several key trends. Organizations increasingly adopt this software as part of broader climate risk management strategies. This integration helps assess and mitigate risks associated with climate change, such as regulatory changes or extreme weather events. Companies use carbon accounting data to inform strategic planning and resilience efforts, incorporating climate risk into their long-term business strategies. There is a growing trend to address Scope 3 emissions, which include indirect emissions across the value chain. This software is being adopted to track and manage these emissions, providing a more comprehensive view of an organization’s carbon footprint.
Furthermore, software solutions facilitate collaboration with suppliers and partners to gather data on Scope 3 emissions, improving accuracy and transparency. The processing of food products, including milling, cooking, and packaging, requires significant energy, often derived from fossil fuels. This results in CO₂ emissions associated with electricity and heat generation. For instance, as per Our Data, Food production accounts for over a quarter (26%) of greenhouse gas emissions. The market is seeing a rise in the adoption of this software by small and medium-sized enterprises (SMEs). This trend is driven by the availability of more affordable and scalable solutions tailored to the needs of smaller organizations.
As the transportation industry expands, including passenger and freight transport, there is a greater need to monitor and report carbon emissions. This software is essential for tracking emissions from various types of vehicles and transportation operations, ensuring compliance with regulatory requirements. According to the State Council of the People's Republic of China, China’s transportation sector maintained steady operation in the first five months of 2024. In January-May, the country’s road network facilitated approximately 25.23 billion passenger trips, up 7.4 percent year on year. The rapid growth in the construction sector leads to higher carbon emissions from construction activities, including the production and use of materials, transportation, and site operations. Carbon accounting software helps construction companies track and manage these emissions more effectively. As per the Investment Promotion and Facilitation Agency, the UN projects India’s population to be 1.64 Bn by 2047; an estimated 51% of India’s population is likely to live in urban centers. The construction industry market in India works across 250 sub-sectors with linkages across sectors. India’s push towards developing smart cities includes focusing on sustainability and energy efficiency. Therefore, the rising transportation industry and expansion of the region's construction sector are driving the market's growth.
Free Valuable Insights: The Global Carbon Accounting Software Market is Predict to reach USD 74.4 Billion by 2031, at a CAGR of 21.8%
Based on Deployment, the market is segmented into Cloud and On-premises. Based on Enterprise Size, the market is segmented into Large Enterprises and SMEs. Based on End-use, the market is segmented into Energy & Utilities, IT & Telecom, Transportation & Logistics, Healthcare, Retail, Food & Beverages, Construction & Infrastructure, Chemicals, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
List of Key Companies Profiled
- IBM Corporation
- SAP SE
- Salesforce, Inc.
- Microsoft Corporation
- Persefoni AI Inc.
- Sphera Solutions, Inc.
- Offspend (Greenly)
- Diligent Corporation
- SINAI Technologies, Inc.
- Net0
Asia Pacific Carbon Accounting Software Market Report Segmentation
By Deployment
By Enterprise Size
By End-use
- Energy & Utilities
- IT & Telecom
- Transportation & Logistics
- Healthcare
- Retail
- Food & Beverages
- Construction & Infrastructure
- Chemicals
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Carbon Accounting Software Market, by Deployment
1.4.2 Asia Pacific Carbon Accounting Software Market, by Enterprise Size
1.4.3 Asia Pacific Carbon Accounting Software Market, by End-use
1.4.4 Asia Pacific Carbon Accounting Software Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.2.4 Geographical Expansions
4.3 Market Share Analysis, 2023
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
4.4.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2022, Jun – 2024, Jul) Leading Players
4.5 Porter Five Forces Analysis
Chapter 5. Asia Pacific Carbon Accounting Software Market by Deployment
5.1 Asia Pacific Cloud Market by Country
5.2 Asia Pacific On-premises Market by Country
Chapter 6. Asia Pacific Carbon Accounting Software Market by Enterprise Size
6.1 Asia Pacific Large Enterprises Market by Country
6.2 Asia Pacific SMEs Market by Country
Chapter 7. Asia Pacific Carbon Accounting Software Market by End-use
7.1 Asia Pacific Energy & Utilities Market by Country
7.2 Asia Pacific IT & Telecom Market by Country
7.3 Asia Pacific Transportation & Logistics Market by Country
7.4 Asia Pacific Healthcare Market by Country
7.5 Asia Pacific Retail Market by Country
7.6 Asia Pacific Food & Beverages Market by Country
7.7 Asia Pacific Construction & Infrastructure Market by Country
7.8 Asia Pacific Chemicals Market by Country
7.9 Asia Pacific Others Market by Country
Chapter 8. Asia Pacific Carbon Accounting Software Market by Country
8.1 China Carbon Accounting Software Market
8.1.1 China Carbon Accounting Software Market by Deployment
8.1.2 China Carbon Accounting Software Market by Enterprise Size
8.1.3 China Carbon Accounting Software Market by End-use
8.2 Japan Carbon Accounting Software Market
8.2.1 Japan Carbon Accounting Software Market by Deployment
8.2.2 Japan Carbon Accounting Software Market by Enterprise Size
8.2.3 Japan Carbon Accounting Software Market by End-use
8.3 India Carbon Accounting Software Market
8.3.1 India Carbon Accounting Software Market by Deployment
8.3.2 India Carbon Accounting Software Market by Enterprise Size
8.3.3 India Carbon Accounting Software Market by End-use
8.4 South Korea Carbon Accounting Software Market
8.4.1 South Korea Carbon Accounting Software Market by Deployment
8.4.2 South Korea Carbon Accounting Software Market by Enterprise Size
8.4.3 South Korea Carbon Accounting Software Market by End-use
8.5 Singapore Carbon Accounting Software Market
8.5.1 Singapore Carbon Accounting Software Market by Deployment
8.5.2 Singapore Carbon Accounting Software Market by Enterprise Size
8.5.3 Singapore Carbon Accounting Software Market by End-use
8.6 Malaysia Carbon Accounting Software Market
8.6.1 Malaysia Carbon Accounting Software Market by Deployment
8.6.2 Malaysia Carbon Accounting Software Market by Enterprise Size
8.6.3 Malaysia Carbon Accounting Software Market by End-use
8.7 Rest of Asia Pacific Carbon Accounting Software Market
8.7.1 Rest of Asia Pacific Carbon Accounting Software Market by Deployment
8.7.2 Rest of Asia Pacific Carbon Accounting Software Market by Enterprise Size
8.7.3 Rest of Asia Pacific Carbon Accounting Software Market by End-use
Chapter 9. Company Profiles
9.1 Persefoni AI Inc.
9.1.1 Company Overview
9.1.2 Recent strategies and developments:
9.1.2.1 Partnerships, Collaborations, and Agreements:
9.1.2.2 Product Launches and Product Expansions:
9.2 Offspend (Greenly)
9.2.1 Company Overview
9.3 SINAI Technologies, Inc.
9.3.1 Company Overview
9.3.2 Recent strategies and developments:
9.3.2.1 Partnerships, Collaborations, and Agreements:
9.3.3 SWOT Analysis
9.4 Net0
9.4.1 Company Overview
9.4.2 Recent strategies and developments:
9.4.2.1 Geographical Expansions:
9.4.3 SWOT Analysis
9.5 Sphera Solutions, Inc. (Blackstone)
9.5.1 Company Overview
9.5.2 Recent strategies and developments:
9.5.2.1 Partnerships, Collaborations, and Agreements:
9.5.2.2 Acquisition and Mergers:
9.5.3 SWOT Analysis
9.6 Diligent Corporation (Insight Partners)
9.6.1 Company Overview
9.6.2 Recent strategies and developments:
9.6.2.1 Partnerships, Collaborations, and Agreements:
9.6.2.2 Product Launches and Product Expansions:
9.6.2.3 Acquisition and Mergers:
9.6.3 SWOT Analysis
9.7 IBM Corporation
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Regional & Segmental Analysis
9.7.4 Research & Development Expenses
9.7.5 Recent strategies and developments:
9.7.5.1 Partnerships, Collaborations, and Agreements:
9.7.5.2 Product Launches and Product Expansions:
9.7.6 SWOT Analysis
9.8 SAP SE
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Regional Analysis
9.8.4 Research & Development Expense
9.8.5 Recent strategies and developments:
9.8.5.1 Partnerships, Collaborations, and Agreements:
9.8.5.2 Product Launches and Product Expansions:
9.8.6 SWOT Analysis
9.9 Salesforce, Inc.
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Regional Analysis
9.9.4 Research & Development Expenses
9.9.5 Recent strategies and developments:
9.9.5.1 Partnerships, Collaborations, and Agreements:
9.9.5.2 Product Launches and Product Expansions:
9.9.6 SWOT Analysis
9.10. Microsoft Corporation
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Segmental and Regional Analysis
9.10.4 Research & Development Expenses
9.10.5 Recent strategies and developments:
9.10.5.1 Partnerships, Collaborations, and Agreements:
9.10.5.2 Product Launches and Product Expansions:
9.10.6 SWOT Analysis
TABLE 1 Asia Pacific Carbon Accounting Software Market, 2020 - 2023, USD Million
TABLE 2 Asia Pacific Carbon Accounting Software Market, 2024 - 2031, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Carbon Accounting Software Market
TABLE 4 Product Launches And Product Expansions– Carbon Accounting Software Market
TABLE 5 Acquisition and Mergers– Carbon Accounting Software Market
TABLE 6 Geographical Expansions- Carbon Accounting Software Market
TABLE 7 Asia Pacific Carbon Accounting Software Market by Deployment, 2020 - 2023, USD Million
TABLE 8 Asia Pacific Carbon Accounting Software Market by Deployment, 2024 - 2031, USD Million
TABLE 9 Asia Pacific Cloud Market by Country, 2020 - 2023, USD Million
TABLE 10 Asia Pacific Cloud Market by Country, 2024 - 2031, USD Million
TABLE 11 Asia Pacific On-premises Market by Country, 2020 - 2023, USD Million
TABLE 12 Asia Pacific On-premises Market by Country, 2024 - 2031, USD Million
TABLE 13 Asia Pacific Carbon Accounting Software Market by Enterprise Size, 2020 - 2023, USD Million
TABLE 14 Asia Pacific Carbon Accounting Software Market by Enterprise Size, 2024 - 2031, USD Million
TABLE 15 Asia Pacific Large Enterprises Market by Country, 2020 - 2023, USD Million
TABLE 16 Asia Pacific Large Enterprises Market by Country, 2024 - 2031, USD Million
TABLE 17 Asia Pacific SMEs Market by Country, 2020 - 2023, USD Million
TABLE 18 Asia Pacific SMEs Market by Country, 2024 - 2031, USD Million
TABLE 19 Asia Pacific Carbon Accounting Software Market by End-use, 2020 - 2023, USD Million
TABLE 20 Asia Pacific Carbon Accounting Software Market by End-use, 2024 - 2031, USD Million
TABLE 21 Asia Pacific Energy & Utilities Market by Country, 2020 - 2023, USD Million
TABLE 22 Asia Pacific Energy & Utilities Market by Country, 2024 - 2031, USD Million
TABLE 23 Asia Pacific IT & Telecom Market by Country, 2020 - 2023, USD Million
TABLE 24 Asia Pacific IT & Telecom Market by Country, 2024 - 2031, USD Million
TABLE 25 Asia Pacific Transportation & Logistics Market by Country, 2020 - 2023, USD Million
TABLE 26 Asia Pacific Transportation & Logistics Market by Country, 2024 - 2031, USD Million
TABLE 27 Asia Pacific Healthcare Market by Country, 2020 - 2023, USD Million
TABLE 28 Asia Pacific Healthcare Market by Country, 2024 - 2031, USD Million
TABLE 29 Asia Pacific Retail Market by Country, 2020 - 2023, USD Million
TABLE 30 Asia Pacific Retail Market by Country, 2024 - 2031, USD Million
TABLE 31 Asia Pacific Food & Beverages Market by Country, 2020 - 2023, USD Million
TABLE 32 Asia Pacific Food & Beverages Market by Country, 2024 - 2031, USD Million
TABLE 33 Asia Pacific Construction & Infrastructure Market by Country, 2020 - 2023, USD Million
TABLE 34 Asia Pacific Construction & Infrastructure Market by Country, 2024 - 2031, USD Million
TABLE 35 Asia Pacific Chemicals Market by Country, 2020 - 2023, USD Million
TABLE 36 Asia Pacific Chemicals Market by Country, 2024 - 2031, USD Million
TABLE 37 Asia Pacific Others Market by Country, 2020 - 2023, USD Million
TABLE 38 Asia Pacific Others Market by Country, 2024 - 2031, USD Million
TABLE 39 Asia Pacific Carbon Accounting Software Market by Country, 2020 - 2023, USD Million
TABLE 40 Asia Pacific Carbon Accounting Software Market by Country, 2024 - 2031, USD Million
TABLE 41 China Carbon Accounting Software Market, 2020 - 2023, USD Million
TABLE 42 China Carbon Accounting Software Market, 2024 - 2031, USD Million
TABLE 43 China Carbon Accounting Software Market by Deployment, 2020 - 2023, USD Million
TABLE 44 China Carbon Accounting Software Market by Deployment, 2024 - 2031, USD Million
TABLE 45 China Carbon Accounting Software Market by Enterprise Size, 2020 - 2023, USD Million
TABLE 46 China Carbon Accounting Software Market by Enterprise Size, 2024 - 2031, USD Million
TABLE 47 China Carbon Accounting Software Market by End-use, 2020 - 2023, USD Million
TABLE 48 China Carbon Accounting Software Market by End-use, 2024 - 2031, USD Million
TABLE 49 Japan Carbon Accounting Software Market, 2020 - 2023, USD Million
TABLE 50 Japan Carbon Accounting Software Market, 2024 - 2031, USD Million
TABLE 51 Japan Carbon Accounting Software Market by Deployment, 2020 - 2023, USD Million
TABLE 52 Japan Carbon Accounting Software Market by Deployment, 2024 - 2031, USD Million
TABLE 53 Japan Carbon Accounting Software Market by Enterprise Size, 2020 - 2023, USD Million
TABLE 54 Japan Carbon Accounting Software Market by Enterprise Size, 2024 - 2031, USD Million
TABLE 55 Japan Carbon Accounting Software Market by End-use, 2020 - 2023, USD Million
TABLE 56 Japan Carbon Accounting Software Market by End-use, 2024 - 2031, USD Million
TABLE 57 India Carbon Accounting Software Market, 2020 - 2023, USD Million
TABLE 58 India Carbon Accounting Software Market, 2024 - 2031, USD Million
TABLE 59 India Carbon Accounting Software Market by Deployment, 2020 - 2023, USD Million
TABLE 60 India Carbon Accounting Software Market by Deployment, 2024 - 2031, USD Million
TABLE 61 India Carbon Accounting Software Market by Enterprise Size, 2020 - 2023, USD Million
TABLE 62 India Carbon Accounting Software Market by Enterprise Size, 2024 - 2031, USD Million
TABLE 63 India Carbon Accounting Software Market by End-use, 2020 - 2023, USD Million
TABLE 64 India Carbon Accounting Software Market by End-use, 2024 - 2031, USD Million
TABLE 65 South Korea Carbon Accounting Software Market, 2020 - 2023, USD Million
TABLE 66 South Korea Carbon Accounting Software Market, 2024 - 2031, USD Million
TABLE 67 South Korea Carbon Accounting Software Market by Deployment, 2020 - 2023, USD Million
TABLE 68 South Korea Carbon Accounting Software Market by Deployment, 2024 - 2031, USD Million
TABLE 69 South Korea Carbon Accounting Software Market by Enterprise Size, 2020 - 2023, USD Million
TABLE 70 South Korea Carbon Accounting Software Market by Enterprise Size, 2024 - 2031, USD Million
TABLE 71 South Korea Carbon Accounting Software Market by End-use, 2020 - 2023, USD Million
TABLE 72 South Korea Carbon Accounting Software Market by End-use, 2024 - 2031, USD Million
TABLE 73 Singapore Carbon Accounting Software Market, 2020 - 2023, USD Million
TABLE 74 Singapore Carbon Accounting Software Market, 2024 - 2031, USD Million
TABLE 75 Singapore Carbon Accounting Software Market by Deployment, 2020 - 2023, USD Million
TABLE 76 Singapore Carbon Accounting Software Market by Deployment, 2024 - 2031, USD Million
TABLE 77 Singapore Carbon Accounting Software Market by Enterprise Size, 2020 - 2023, USD Million
TABLE 78 Singapore Carbon Accounting Software Market by Enterprise Size, 2024 - 2031, USD Million
TABLE 79 Singapore Carbon Accounting Software Market by End-use, 2020 - 2023, USD Million
TABLE 80 Singapore Carbon Accounting Software Market by End-use, 2024 - 2031, USD Million
TABLE 81 Malaysia Carbon Accounting Software Market, 2020 - 2023, USD Million
TABLE 82 Malaysia Carbon Accounting Software Market, 2024 - 2031, USD Million
TABLE 83 Malaysia Carbon Accounting Software Market by Deployment, 2020 - 2023, USD Million
TABLE 84 Malaysia Carbon Accounting Software Market by Deployment, 2024 - 2031, USD Million
TABLE 85 Malaysia Carbon Accounting Software Market by Enterprise Size, 2020 - 2023, USD Million
TABLE 86 Malaysia Carbon Accounting Software Market by Enterprise Size, 2024 - 2031, USD Million
TABLE 87 Malaysia Carbon Accounting Software Market by End-use, 2020 - 2023, USD Million
TABLE 88 Malaysia Carbon Accounting Software Market by End-use, 2024 - 2031, USD Million
TABLE 89 Rest of Asia Pacific Carbon Accounting Software Market, 2020 - 2023, USD Million
TABLE 90 Rest of Asia Pacific Carbon Accounting Software Market, 2024 - 2031, USD Million
TABLE 91 Rest of Asia Pacific Carbon Accounting Software Market by Deployment, 2020 - 2023, USD Million
TABLE 92 Rest of Asia Pacific Carbon Accounting Software Market by Deployment, 2024 - 2031, USD Million
TABLE 93 Rest of Asia Pacific Carbon Accounting Software Market by Enterprise Size, 2020 - 2023, USD Million
TABLE 94 Rest of Asia Pacific Carbon Accounting Software Market by Enterprise Size, 2024 - 2031, USD Million
TABLE 95 Rest of Asia Pacific Carbon Accounting Software Market by End-use, 2020 - 2023, USD Million
TABLE 96 Rest of Asia Pacific Carbon Accounting Software Market by End-use, 2024 - 2031, USD Million
TABLE 97 Key Information – Persefoni AI Inc.
TABLE 98 Key Information – Offspend
TABLE 99 Key Information – SINAI Technologies, Inc.
TABLE 100 Key Information – Net0
TABLE 101 Key Information – Sphera Solutions, Inc.
TABLE 102 Key Information – Diligent Corporation
TABLE 103 Key Information – IBM Corporation
TABLE 104 Key Information – SAP SE
TABLE 105 Key Information – Salesforce, Inc.
TABLE 106 Key Information – Microsoft Corporation
List of Figures
FIG 1 Methodology for the research
FIG 2 Asia Pacific Carbon Accounting Software Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Carbon Accounting Software Market
FIG 4 KBV Cardinal Matrix
FIG 5 Market Share Analysis, 2023
FIG 6 Key Leading Strategies: Percentage Distribution (2020-2024)
FIG 7 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2022, Jun – 2024, Jul) Leading Players
FIG 8 Porter’s Five Forces Analysis – Carbon Accounting Software Market
FIG 9 Asia Pacific Carbon Accounting Software Market share by Deployment, 2023
FIG 10 Asia Pacific Carbon Accounting Software Market share by Deployment, 2031
FIG 11 Asia Pacific Carbon Accounting Software Market by Deployment, 2020 - 2031, USD Million
FIG 12 Asia Pacific Carbon Accounting Software Market share by Enterprise Size, 2023
FIG 13 Asia Pacific Carbon Accounting Software Market share by Enterprise Size, 2031
FIG 14 Asia Pacific Carbon Accounting Software Market by Enterprise Size, 2020 - 2031, USD Million
FIG 15 Asia Pacific Carbon Accounting Software Market share by End-use, 2023
FIG 16 Asia Pacific Carbon Accounting Software Market share by End-use, 2031
FIG 17 Asia Pacific Carbon Accounting Software Market by Deployment, 2020 - 2031, USD Million
FIG 18 Asia Pacific Carbon Accounting Software Market share by Country, 2023
FIG 19 Asia Pacific Carbon Accounting Software Market share by Country, 2031
FIG 20 Asia Pacific Carbon Accounting Software Market by Country, 2020 - 2031, USD Million
FIG 21 Recent strategies and developments: Persefoni AI Inc.
FIG 22 SWOT Analysis: SINAI Technologies, Inc.
FIG 23 SWOT Analysis: Net0
FIG 24 Recent strategies and developments: Sphera Solutions, Inc.
FIG 25 SWOT Analysis: Sphera Solutions, Inc.
FIG 26 Recent strategies and developments: Diligent Corporation
FIG 27 SWOT Analysis: Diligent Corporation
FIG 28 Recent strategies and developments: IBM Corporation
FIG 29 SWOT Analysis: IBM Corporation
FIG 30 Recent strategies and developments: SAP SE
FIG 31 SWOT Analysis: SAP SE
FIG 32 Recent strategies and developments: Salesforce, Inc.
FIG 33 SWOT Analysis: Salesforce, Inc.
FIG 34 Recent strategies and developments: Microsoft Corporation
FIG 35 SWOT Analysis: Microsoft Corporation