In today’s rapidly evolving business landscape, the need to align finances with sustainability has become a core requirement. One highly effective strategy which has taken center stage is carbon accounting. As companies globally are committing to carbon neutrality by reducing their carbon emissions, the demand for carbon accounting has soared exponentially. With its increasing prominence, the carbon accounting market is showing prolific growth. Yet, in terms of exact measures, how significant is this growth? In this blog post, we’ll delve deep into the world of carbon accounting, focusing on the market size statistics to gain a better understanding of its expansive scope and future growth potential. Join us as we analyze the carbon accounting market, its size, forces driving its growth, and how your business may be a part of this green financial revolution.

The Latest Carbon Accounting Market Size Statistics Unveiled

The global carbon accounting market size was valued at USD 6.7 billion in 2020.

Delving into the realm of statistics, one encounters a compelling figure: the global carbon accounting market soared up to a hefty valuation of USD 6.7 billion in 2020. This nugget of numerical insight casts a bright spotlight on the burgeoning growth of this specific market.

Painting the picture with precise numeric strokes, this gripping data point reveals the tangible, financial vigor of the carbon accounting industry, cementing its status as an economic powerhouse. Not just a bland statistic, this figure encapsulates the overwhelming expansion of the carbon accounting sphere, underscoring its burgeoning influence in the global market.

Presenting a testament to the escalating relevance and adoption of eco-conscious practices, this statistic enables us to grasp the surging demand for precise carbon footprint measurements. Hence, this monetary metric is not simply a value; it is an illustrative testament, an economical silhouette, of the momentous scale and impact of the carbon accounting market worldwide.

The carbon accounting market is expected to grow at a compound annual growth rate (CAGR) of 11.6% from 2021 to 2028.

Painting a picture vibrant with opportunity, the projection of an 11.6% Compound Annual Growth Rate (CAGR) for the carbon accounting market from 2021 to 2028 shines a spotlight on its tremendous potential. This anticipated surge intimately intertwines with global efforts towards carbon neutrality, illustrating a rapidly expanding arena for investment and innovation. This noteworthy surge offers readers and investors a glimpse into the grand ensemble of possibilities that lie on the horizon, adding a flavor of anticipation to the discourse on carbon accounting market size statistics.

North America has the largest market share for carbon accounting, accounting for more than 35% in 2020.

Peering into the scope of the carbon accounting realm, North America’s dominant position is a significant fact to highlight. Holding over 35% of the market share in 2020, it emphasizes the region’s considerable influence and commitment towards environmental sustainability efforts. This key piece of data is a testament to North America’s strong engagement in mitigating carbon emissions through diligent accounting. It’s a proof point that resonates with the larger dialogue on climate change and environmental responsibility, and creates a stronger foundation for the ensuing discussion in our blog post about carbon accounting market trends.

The European Carbon Accounting Market is poised to grow by 12% CAGR between 2020 and 2025.

Highlighting the potential growth of the European Carbon Accounting Market at a rate of 12% CAGR from 2020 to 2025 shines a spotlight on the escalating importance and value of this sector. Like a harbinger of a new ecological era, these figures sketch a trajectory of rapid expansion fueled by an increased global focus on sustainability. Not only does this statistic underline the economic potential, but it also reflects the progressive shift in business values towards environmental responsibility and transparency.

The UK has seen a 20% increase in the use of carbon accounting software since 2019 due to stricter environmental laws.

A dramatic 20% spike in the utilization of carbon accounting software is the rather exciting revelation emerging from the murky depths of 2019’s UK data trends. Factoring in stricter environmental rules as substantial influence, this dynamic paradigm shift is certainly turning heads. Not to mention, it’s throwing a high-beam spotlight on the growing significance of this market segment. As our collective consciousness pivots towards an urgent need for environmental sustainability, such an incline showcases not just a trend, but a compelling wave of necessity.

In the grand scheme of a blog post about carbon accounting market size statistics, it sends a strong, powerful message – one of change, adaptation, and a testament to UK’s responsiveness to environmental legislation. It also subtly signifies an expanding market space, teeming with potential for business opportunities and innovation.

Ultimately, this 20% uptick furthers our understanding of the current dynamics – it’s not just an isolated number run amok in spreadsheets, but a signifier of a broader evolution towards sustainable business practices. It’s the silent drumbeat echoing the growing importance of technology in combatting the world’s carbon footprint.

The Asia-Pacific region is expected to show highest growth rate in carbon accounting market owing to rapid urbanization and industrialization process.

Drawing a trajectory from this compelling statistic, it casts the Asia-Pacific region as the burgeoning epicenter of carbon accounting market growth. Rapid urbanization and industrialization serve as the striking catalysts behind this accelerated growth rate, painting a picture of soaring demand for carbon accounting in this region. The inclusion of this captivating market development makes the blog post not only an assay of present market size, but also an intriguing exploration into dynamic future trends in the carbon accounting market.

SMEs accounted for more than 50% of the carbon accounting market share in 2020.

Weaving such compelling statistics into a narrative throws light on the pivotal role Small and Medium-sized Enterprises (SMEs) are playing in the carbon accounting market. With SMEs making up more than half of the market share in 2020, their substantial influence cannot be overlooked. This signifies a shift where smaller businesses are making substantial contributions to environmental sustainability. These vanguards are not just fostering a greener economy but are also setting new trends in carbon accounting, an essential component of the fight against climate change. This degree of participation by SMEs is surprising to many, shattering common misconceptions that larger conglomerates dominate this market. Consequently, it alters our understanding and opens up new directions for strategies in studying the carbon accounting market size.

The carbon accounting market in South America is projected to grow by roughly 13% between 2019 to 2027.

The intriguing projection of a 13% growth for the carbon accounting market in South America between 2019 and 2027 weaves an intriguing tale about the dynamic shift in eco-consciousness. Unraveling this statistic, it indicates an encouraging trend – an increasing acknowledgment of the significance of carbon accounting within the South American market leading to its progressive expansion. This forward motion is actively contributing to a seismic shift in business attitudes towards sustainability, precisely captured in this robust numeric evidence. Moreover, it hints towards an expanding economic opportunity in the region’s green sector, revealing a latent potential for trade, investment, and job creation all resiliently rooted in a sustainable foundation. Indeed, this 13% signifies not just a growth figure, but the rising momentum for carbon accountability globally, making any blog post on carbon accounting market size statistics brim with invigorating relevance and insight.

The software services segment of the carbon accounting market is anticipated to grow at the fastest CAGR of around 13.2% through 2028.

The unraveling of this statistic embroiders a compelling narrative in the broader tapestry of the carbon accounting market size statistics. We are looking at the software services segment, projected to proliferate at the fastest Compound Annual Growth Rate (CAGR) of approximately 13.2% through 2028. This exciting revelation hints at a significant market shift, with software services poised to take the lead in the carbon accounting arena. It showcases the potential magnitude of technological implementation within the sector, and the ability of software services to reshape the market dynamics. Reading between the numbers, it also forecasts that businesses might be leaning more towards tech-enabled tools to manage their carbon footprint, marking the start of a digital revolution in carbon accounting.

SMEs make up about 60% of the global carbon accounting market’s end-use sector.

Peeling back layers of this statistic reveals a significant narrative. SMEs, or Small to Medium-sized Enterprises, contribute to almost two-thirds of the global carbon accounting market’s customer base. This noteworthy detail adds a palpable depth to our understanding of the carbon accounting market, shaping its dimensions. It serves as a testament that small and medium businesses carry substantial weight in this sector, and their role cannot be dismissed. This realization provides invaluable insight for strategists, investors, and policymakers alike in assessing potential growth opportunities. Moreover, it underscores the importance of educating and empowering SMEs with the right strategies, thus, fostering an environment-friendly global economy. In essence, this figure not only sketches the market proportion but also sets the tone for impactful discussions about the carbon accounting market scaling.

Major players in the carbon accounting market account for roughly 40% of the market share, with smaller companies making up the rest.

The poignant revelation that major players hold only about 40% of the market share in the carbon accounting market puts a fascinating spin on our perception of this field. It instantly propels smaller companies, holding the majority of the market share, into a place of significance, not just as spectators but as defining participants in shaping the market’s landscape. It unravels the captivating narrative of a competitive arena where David competes with Goliath, where innovation and agility can challenge size and dominance. Furthermore, it underlines potential undercurrents of market disruption, market growth and transformation opportunities that could very well be the harbinger of the next big shift in the carbon accounting market.

The amount of carbon emissions accounted by carbon accounting software in the energy sector is anticipated to grow by around 10.5% from 2021 to 2026.

Integrating this fascinating statistic offers a riveting glimpse into the dynamic interplay of the carbon accounting market and the energy sector. A projected growth of 10.5% in the carbon emissions calculated by carbon accounting software from 2021 to 2026 underscores the expected surge in demand for meticulous and reliable carbon accounting mechanisms. The energy sector, being a major contributor to global carbon emissions, is turning towards advanced software tools to track and reduce greenhouse gas emissions, interspersing market growth. This statistic also serves as a vivid climate change prophecy, drawing our attention towards the need for active carbon management strategies in the coming years. Clearly, we stand on the cusp of a significant trend shift in carbon accounting, powered by technological advancement.

By 2025, it is projected that the carbon accounting market will grow by an estimated 37% in the Asia-Pacific region due to intensified efforts to curb carbon emissions.

Peering into the future, particularly to 2025, one might be struck by the projected surge in carbon accounting market by an astonishing 37% in the Asia-Pacific region. This eye-opening prediction acts as a spotlight on the escalating efforts to curb carbon emissions in this area. Drawing a vibrant picture of an emergent trend in carbon accounting, this statistic helps in comprehending the dynamic transformations within the realm of global economies. Furthermore, in the vast mega-continent that spans from Japan to New Zealand, it underlines a crucial shift in ecological consciousness and corporate responsibility.

In our line of storytelling with numbers, this one unravels an engaging narrative of change, adaptation and growth. For anyone pondering on the evolution of corporate environmental strategies, this statistic serves as an intriguing indicator of how economies are leveraging carbon accounting to offset their carbon footprints. There’s a promising saga of responsible business practices in the making and that’s a story worth telling. A powerful insight like this one sets the pace for future discourses on carbon emissions and market economics in the carbon accounting landscape.


In summing up our analysis of the carbon accounting market size statistics, it becomes blatantly clear that this field is on a rapid upwards trajectory. The growing global concern for the environment is seeing a surge in the demand for carbon accounting services. With heightened awareness and stricter environmental policies, companies now more than ever require these services to maintain best environmental practices, and comply with greenhouse gas emissions regulations. As the market continually evolves, there are promising signs of further growth and innovation in the years ahead. Therefore, stakeholders in this market should remain abreast with these ongoing developments to optimize their strategies and seize new opportunities in the blossoming carbon accounting landscape.


0. –

1. –

2. –

3. –

4. –

5. –

6. –

7. –

8. –

9. –

10. –