The Latin America, Middle East and Africa Carbon Accounting Software Market would witness market growth of 24.5% CAGR during the forecast period (2024-2031).
The Brazil market dominated the LAMEA Carbon Accounting Software Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $1,635.6 million by 2031. The Argentina market is showcasing a CAGR of 25.8% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 24.1% during (2024 - 2031).
Organizations are increasingly adopting this software to achieve and maintain carbon-neutral certifications. The software helps track progress, verify emissions reductions, and comply with certification standards. Achieving carbon-neutral status through software-supported efforts is becoming a significant marketing and branding tool, enhancing corporate reputation and appealing to environmentally conscious consumers. Several trends are shaping this market. Emerging markets are seeing the introduction of new regulatory frameworks and policies that mandate carbon emissions reporting and management. Governments often lead these initiatives, creating a supportive environment for adopting this software.
This software providers are increasingly localizing their solutions to meet emerging markets' specific regulatory and reporting requirements. This includes adapting to local emission factors, standards, and industry practices. Solutions are being tailored to accommodate local languages and cultural contexts, making them more accessible and user-friendly for organizations in emerging markets. Moreover, this software is being integrated into development projects to achieve the United Nations Sustainable Development Goals (SDGs). This integration supports efforts to improve environmental sustainability in emerging economies. Collaborations with non-governmental organizations (NGOs) are helping to deploy this software in emerging markets as part of broader sustainability and climate action programs.
The chemical industry is a major emitter of greenhouse gases. As the industry grows, there’s a heightened need for precise and comprehensive emission tracking and reporting. This software becomes essential for chemical companies to monitor, manage, and report their carbon footprints in compliance with local and international regulations. As per the Industrial Development Bureau, the chemical industry in Abu Dhabi accounts for the greatest portion of the country’s GDP, contributing 53% in 2021 and attracting over AED 21 billion in investments. As Brazil invests more in renewable energy projects, such as wind, solar, and hydropower, there is a growing need for carbon accounting software to track and manage emissions associated with these projects. Accurate accounting is crucial for monitoring the carbon savings from these investments. According to the International Trade Administration (ITA), the renewable energy sector accounts for 83% of the Brazilian electricity matrix, while the global average is around 25%. The renewable energy industry has continuously expanded over the years through private investment. Thus, the rising chemical sector and increasing investments in renewable energy are driving the market's growth.
Free Valuable Insights: The Worldwide Carbon Accounting Software Market is Projected 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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
LAMEA 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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Carbon Accounting Software Market, by Deployment
1.4.2 LAMEA Carbon Accounting Software Market, by Enterprise Size
1.4.3 LAMEA Carbon Accounting Software Market, by End-use
1.4.4 LAMEA 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. LAMEA Carbon Accounting Software Market by Deployment
5.1 LAMEA Cloud Market by Country
5.2 LAMEA On-premises Market by Country
Chapter 6. LAMEA Carbon Accounting Software Market by Enterprise Size
6.1 LAMEA Large Enterprises Market by Country
6.2 LAMEA SMEs Market by Country
Chapter 7. LAMEA Carbon Accounting Software Market by End-use
7.1 LAMEA Energy & Utilities Market by Country
7.2 LAMEA IT & Telecom Market by Country
7.3 LAMEA Transportation & Logistics Market by Country
7.4 LAMEA Healthcare Market by Country
7.5 LAMEA Retail Market by Country
7.6 LAMEA Food & Beverages Market by Country
7.7 LAMEA Construction & Infrastructure Market by Country
7.8 LAMEA Chemicals Market by Country
7.9 LAMEA Others Market by Country
Chapter 8. LAMEA Carbon Accounting Software Market by Country
8.1 Brazil Carbon Accounting Software Market
8.1.1 Brazil Carbon Accounting Software Market by Deployment
8.1.2 Brazil Carbon Accounting Software Market by Enterprise Size
8.1.3 Brazil Carbon Accounting Software Market by End-use
8.2 Argentina Carbon Accounting Software Market
8.2.1 Argentina Carbon Accounting Software Market by Deployment
8.2.2 Argentina Carbon Accounting Software Market by Enterprise Size
8.2.3 Argentina Carbon Accounting Software Market by End-use
8.3 UAE Carbon Accounting Software Market
8.3.1 UAE Carbon Accounting Software Market by Deployment
8.3.2 UAE Carbon Accounting Software Market by Enterprise Size
8.3.3 UAE Carbon Accounting Software Market by End-use
8.4 Saudi Arabia Carbon Accounting Software Market
8.4.1 Saudi Arabia Carbon Accounting Software Market by Deployment
8.4.2 Saudi Arabia Carbon Accounting Software Market by Enterprise Size
8.4.3 Saudi Arabia Carbon Accounting Software Market by End-use
8.5 South Africa Carbon Accounting Software Market
8.5.1 South Africa Carbon Accounting Software Market by Deployment
8.5.2 South Africa Carbon Accounting Software Market by Enterprise Size
8.5.3 South Africa Carbon Accounting Software Market by End-use
8.6 Nigeria Carbon Accounting Software Market
8.6.1 Nigeria Carbon Accounting Software Market by Deployment
8.6.2 Nigeria Carbon Accounting Software Market by Enterprise Size
8.6.3 Nigeria Carbon Accounting Software Market by End-use
8.7 Rest of LAMEA Carbon Accounting Software Market
8.7.1 Rest of LAMEA Carbon Accounting Software Market by Deployment
8.7.2 Rest of LAMEA Carbon Accounting Software Market by Enterprise Size
8.7.3 Rest of LAMEA 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 LAMEA Carbon Accounting Software Market, 2020 - 2023, USD Million
TABLE 2 LAMEA 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 LAMEA Carbon Accounting Software Market by Deployment, 2020 - 2023, USD Million
TABLE 8 LAMEA Carbon Accounting Software Market by Deployment, 2024 - 2031, USD Million
TABLE 9 LAMEA Cloud Market by Country, 2020 - 2023, USD Million
TABLE 10 LAMEA Cloud Market by Country, 2024 - 2031, USD Million
TABLE 11 LAMEA On-premises Market by Country, 2020 - 2023, USD Million
TABLE 12 LAMEA On-premises Market by Country, 2024 - 2031, USD Million
TABLE 13 LAMEA Carbon Accounting Software Market by Enterprise Size, 2020 - 2023, USD Million
TABLE 14 LAMEA Carbon Accounting Software Market by Enterprise Size, 2024 - 2031, USD Million
TABLE 15 LAMEA Large Enterprises Market by Country, 2020 - 2023, USD Million
TABLE 16 LAMEA Large Enterprises Market by Country, 2024 - 2031, USD Million
TABLE 17 LAMEA SMEs Market by Country, 2020 - 2023, USD Million
TABLE 18 LAMEA SMEs Market by Country, 2024 - 2031, USD Million
TABLE 19 LAMEA Carbon Accounting Software Market by End-use, 2020 - 2023, USD Million
TABLE 20 LAMEA Carbon Accounting Software Market by End-use, 2024 - 2031, USD Million
TABLE 21 LAMEA Energy & Utilities Market by Country, 2020 - 2023, USD Million
TABLE 22 LAMEA Energy & Utilities Market by Country, 2024 - 2031, USD Million
TABLE 23 LAMEA IT & Telecom Market by Country, 2020 - 2023, USD Million
TABLE 24 LAMEA IT & Telecom Market by Country, 2024 - 2031, USD Million
TABLE 25 LAMEA Transportation & Logistics Market by Country, 2020 - 2023, USD Million
TABLE 26 LAMEA Transportation & Logistics Market by Country, 2024 - 2031, USD Million
TABLE 27 LAMEA Healthcare Market by Country, 2020 - 2023, USD Million
TABLE 28 LAMEA Healthcare Market by Country, 2024 - 2031, USD Million
TABLE 29 LAMEA Retail Market by Country, 2020 - 2023, USD Million
TABLE 30 LAMEA Retail Market by Country, 2024 - 2031, USD Million
TABLE 31 LAMEA Food & Beverages Market by Country, 2020 - 2023, USD Million
TABLE 32 LAMEA Food & Beverages Market by Country, 2024 - 2031, USD Million
TABLE 33 LAMEA Construction & Infrastructure Market by Country, 2020 - 2023, USD Million
TABLE 34 LAMEA Construction & Infrastructure Market by Country, 2024 - 2031, USD Million
TABLE 35 LAMEA Chemicals Market by Country, 2020 - 2023, USD Million
TABLE 36 LAMEA Chemicals Market by Country, 2024 - 2031, USD Million
TABLE 37 LAMEA Others Market by Country, 2020 - 2023, USD Million
TABLE 38 LAMEA Others Market by Country, 2024 - 2031, USD Million
TABLE 39 LAMEA Carbon Accounting Software Market by Country, 2020 - 2023, USD Million
TABLE 40 LAMEA Carbon Accounting Software Market by Country, 2024 - 2031, USD Million
TABLE 41 Brazil Carbon Accounting Software Market, 2020 - 2023, USD Million
TABLE 42 Brazil Carbon Accounting Software Market, 2024 - 2031, USD Million
TABLE 43 Brazil Carbon Accounting Software Market by Deployment, 2020 - 2023, USD Million
TABLE 44 Brazil Carbon Accounting Software Market by Deployment, 2024 - 2031, USD Million
TABLE 45 Brazil Carbon Accounting Software Market by Enterprise Size, 2020 - 2023, USD Million
TABLE 46 Brazil Carbon Accounting Software Market by Enterprise Size, 2024 - 2031, USD Million
TABLE 47 Brazil Carbon Accounting Software Market by End-use, 2020 - 2023, USD Million
TABLE 48 Brazil Carbon Accounting Software Market by End-use, 2024 - 2031, USD Million
TABLE 49 Argentina Carbon Accounting Software Market, 2020 - 2023, USD Million
TABLE 50 Argentina Carbon Accounting Software Market, 2024 - 2031, USD Million
TABLE 51 Argentina Carbon Accounting Software Market by Deployment, 2020 - 2023, USD Million
TABLE 52 Argentina Carbon Accounting Software Market by Deployment, 2024 - 2031, USD Million
TABLE 53 Argentina Carbon Accounting Software Market by Enterprise Size, 2020 - 2023, USD Million
TABLE 54 Argentina Carbon Accounting Software Market by Enterprise Size, 2024 - 2031, USD Million
TABLE 55 Argentina Carbon Accounting Software Market by End-use, 2020 - 2023, USD Million
TABLE 56 Argentina Carbon Accounting Software Market by End-use, 2024 - 2031, USD Million
TABLE 57 UAE Carbon Accounting Software Market, 2020 - 2023, USD Million
TABLE 58 UAE Carbon Accounting Software Market, 2024 - 2031, USD Million
TABLE 59 UAE Carbon Accounting Software Market by Deployment, 2020 - 2023, USD Million
TABLE 60 UAE Carbon Accounting Software Market by Deployment, 2024 - 2031, USD Million
TABLE 61 UAE Carbon Accounting Software Market by Enterprise Size, 2020 - 2023, USD Million
TABLE 62 UAE Carbon Accounting Software Market by Enterprise Size, 2024 - 2031, USD Million
TABLE 63 UAE Carbon Accounting Software Market by End-use, 2020 - 2023, USD Million
TABLE 64 UAE Carbon Accounting Software Market by End-use, 2024 - 2031, USD Million
TABLE 65 Saudi Arabia Carbon Accounting Software Market, 2020 - 2023, USD Million
TABLE 66 Saudi Arabia Carbon Accounting Software Market, 2024 - 2031, USD Million
TABLE 67 Saudi Arabia Carbon Accounting Software Market by Deployment, 2020 - 2023, USD Million
TABLE 68 Saudi Arabia Carbon Accounting Software Market by Deployment, 2024 - 2031, USD Million
TABLE 69 Saudi Arabia Carbon Accounting Software Market by Enterprise Size, 2020 - 2023, USD Million
TABLE 70 Saudi Arabia Carbon Accounting Software Market by Enterprise Size, 2024 - 2031, USD Million
TABLE 71 Saudi Arabia Carbon Accounting Software Market by End-use, 2020 - 2023, USD Million
TABLE 72 Saudi Arabia Carbon Accounting Software Market by End-use, 2024 - 2031, USD Million
TABLE 73 South Africa Carbon Accounting Software Market, 2020 - 2023, USD Million
TABLE 74 South Africa Carbon Accounting Software Market, 2024 - 2031, USD Million
TABLE 75 South Africa Carbon Accounting Software Market by Deployment, 2020 - 2023, USD Million
TABLE 76 South Africa Carbon Accounting Software Market by Deployment, 2024 - 2031, USD Million
TABLE 77 South Africa Carbon Accounting Software Market by Enterprise Size, 2020 - 2023, USD Million
TABLE 78 South Africa Carbon Accounting Software Market by Enterprise Size, 2024 - 2031, USD Million
TABLE 79 South Africa Carbon Accounting Software Market by End-use, 2020 - 2023, USD Million
TABLE 80 South Africa Carbon Accounting Software Market by End-use, 2024 - 2031, USD Million
TABLE 81 Nigeria Carbon Accounting Software Market, 2020 - 2023, USD Million
TABLE 82 Nigeria Carbon Accounting Software Market, 2024 - 2031, USD Million
TABLE 83 Nigeria Carbon Accounting Software Market by Deployment, 2020 - 2023, USD Million
TABLE 84 Nigeria Carbon Accounting Software Market by Deployment, 2024 - 2031, USD Million
TABLE 85 Nigeria Carbon Accounting Software Market by Enterprise Size, 2020 - 2023, USD Million
TABLE 86 Nigeria Carbon Accounting Software Market by Enterprise Size, 2024 - 2031, USD Million
TABLE 87 Nigeria Carbon Accounting Software Market by End-use, 2020 - 2023, USD Million
TABLE 88 Nigeria Carbon Accounting Software Market by End-use, 2024 - 2031, USD Million
TABLE 89 Rest of LAMEA Carbon Accounting Software Market, 2020 - 2023, USD Million
TABLE 90 Rest of LAMEA Carbon Accounting Software Market, 2024 - 2031, USD Million
TABLE 91 Rest of LAMEA Carbon Accounting Software Market by Deployment, 2020 - 2023, USD Million
TABLE 92 Rest of LAMEA Carbon Accounting Software Market by Deployment, 2024 - 2031, USD Million
TABLE 93 Rest of LAMEA Carbon Accounting Software Market by Enterprise Size, 2020 - 2023, USD Million
TABLE 94 Rest of LAMEA Carbon Accounting Software Market by Enterprise Size, 2024 - 2031, USD Million
TABLE 95 Rest of LAMEA Carbon Accounting Software Market by End-use, 2020 - 2023, USD Million
TABLE 96 Rest of LAMEA 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 LAMEA 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 LAMEA Carbon Accounting Software Market share by Deployment, 2023
FIG 10 LAMEA Carbon Accounting Software Market share by Deployment, 2031
FIG 11 LAMEA Carbon Accounting Software Market by Deployment, 2020 - 2031, USD Million
FIG 12 LAMEA Carbon Accounting Software Market share by Enterprise Size, 2023
FIG 13 LAMEA Carbon Accounting Software Market share by Enterprise Size, 2031
FIG 14 LAMEA Carbon Accounting Software Market by Enterprise Size, 2020 - 2031, USD Million
FIG 15 LAMEA Carbon Accounting Software Market share by End-use, 2023
FIG 16 LAMEA Carbon Accounting Software Market share by End-use, 2031
FIG 17 LAMEA Carbon Accounting Software Market by End-use, 2020 - 2031, USD Million
FIG 18 LAMEA Carbon Accounting Software Market share by Country, 2023
FIG 19 LAMEA Carbon Accounting Software Market share by Country, 2031
FIG 20 LAMEA 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