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Carbon Accounting Software Market to Grow by USD 33.08 Billion from 2025-2029, Driven by Carbon Emission Policies, Report on AI’s Impact on Market Trends – Technavio

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NEW YORK, Feb. 14, 2025 /PRNewswire/ — Report on how AI is redefining market landscape – The global carbon accounting software market  size is estimated to grow by USD 33.08 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of  38.5%  during the forecast period. Increasing adoption of policies on carbon emissions is driving market growth, with a trend towards increasing demand for software as a service (saas)-based carbon accounting software. However, difficulty in capturing energy usage data  poses a challenge. Key market players include 3E Net Zero Group Pty Ltd., Benchmark Digital Partners LLC, BraveGen, Brightest Inc., Carbon Analytics Ltd., ENGIE SA, ESG Enterprise, GreenStep Solutions Inc., Intelex Technologies ULC, Lisam Systems SA, Locus Technologies, Net0, Persefoni AI Inc., ProcessMAP Corp., Sage Group Plc, SAP SE, SIERRA ODC Pvt. Ltd., Simble Solutions Ltd., Sphera Solutions Inc., and Wolters Kluwer NV.

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Forecast period

2025-2029

Base Year

2024

Historic Data

2019 – 2023

Segment Covered

End-user (Telecommunication, Oil and gas, Technology, Power and utilities, and Others), Deployment (Cloud-based and On-premises), and Geography (North America, Europe, APAC, Middle East and Africa, and South America)

Region Covered

North America, Europe, APAC, Middle East and Africa, and South America

Key companies profiled

3E Net Zero Group Pty Ltd., Benchmark Digital Partners LLC, BraveGen, Brightest Inc., Carbon Analytics Ltd., ENGIE SA, ESG Enterprise, GreenStep Solutions Inc., Intelex Technologies ULC, Lisam Systems SA, Locus Technologies, Net0, Persefoni AI Inc., ProcessMAP Corp., Sage Group Plc, SAP SE, SIERRA ODC Pvt. Ltd., Simble Solutions Ltd., Sphera Solutions Inc., and Wolters Kluwer NV

Key Market Trends Fueling Growth

The Carbon Accounting Software Market is witnessing significant trends as enterprises focus on managing their carbon releases and achieving net-zero emissions. Emissions auditing is a key driver, with investors and potential investors seeking sustainability proficiency from companies. Innovating solutions like Digital Twin technology and AI are transforming commercial operations, allowing for predictive analysis of energy usage in buildings, services, and city planning. McKinsey and Catalyst Zero are leading the decarbonization solution, helping businesses design and construct operations with lower carbon footprints. Driving factors include increasing product demand, COP27, and the need to move away from fossil fuel consumption. Carbon accounting software is becoming essential for companies to stay competitive and meet net-zero targets. On-premise and cloud-based solutions are available, offering high-tech knowledge and expertise to help enterprises make the transition. Digital alternatives to paperless progress, such as online banking and mobile payment apps, are also playing a role in reducing carbon footprints. Fossil fuel companies are also investing in renewable energy sources like wind power and Algae biofuels to meet their net-zero targets. However, it’s important to avoid greenwashing practices and ensure transparency in carbon reporting. 

Carbon accounting software, delivered as a Service-as-a-Solution (SaaS), offers businesses flexibility in scaling their usage according to their specific needs. This feature is advantageous for organizations of all sizes, including Small and Medium Enterprises (SMEs) and large corporations. SaaS solutions enable remote access through the cloud, allowing teams and stakeholders to collaborate on carbon accounting and sustainability reporting from any location with an internet connection. Additionally, SaaS models generally involve lower upfront costs compared to traditional on-premises software, making it a cost-effective choice for budget-conscious organizations or those seeking to minimize initial investments. 

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Market Challenges

Carbon accounting software is essential for enterprises seeking to manage and reduce their carbon releases as they strive for net-zero emissions. However, challenges persist. Emissions auditing can be complex, requiring sustainability proficiency and high-tech knowledge. Financial opportunities exist for innovating decarbonization solutions, attracting investors and potential investors. McKinsey and Catalyst Zero are driving this transformation, offering digital twin technology to predict and design carbon footprint reduction in commercial operations. City planners, building owners, and service providers can benefit from AI-powered carbon accounting software. Driving factors include product demand, COP27, and the need to address greenwashing practices. Companies like ExxonMobil are deploying on-premise and cloud-based solutions, joining the digital revolution in areas like wind power and fossil fuel consumption. Digital twins, AI, and paperless progress are key to the future of carbon accounting software.In the business world, accurately measuring and reporting carbon emissions is essential for environmental sustainability. However, many organizations, excluding carbon-intensive industries, seldom track their energy usage in detail. Energy consumption data for vehicles and fleets is often overlooked in accounting systems. The calculation of carbon emissions requires obtaining utility bills for numerous buildings and contacting various plant managers to determine the usage of fuels like propane and natural gas. Efficient carbon accounting necessitates meticulous data collection and organization.

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Segment Overview 

This carbon accounting software market report extensively covers market segmentation by

End-userTelecommunicationOil And GasTechnologyPower And UtilitiesOthersDeploymentCloud-basedOn-premisesGeographyNorth AmericaEuropeAPACMiddle East And AfricaSouth America

1.1 Telecommunication-  Carbon accounting software is essential for telecommunications companies to manage and analyze their energy consumption and associated carbon emissions. This includes electricity usage in data centers, network infrastructure, and office facilities. Telecommunication networks, including data centers and cell towers, contribute significantly to carbon emissions. Carbon accounting software enables organizations to quantify these emissions, identify energy efficiency opportunities, and track the integration of renewable energy sources. In the telecom sector, components such as antennas, feeders, cables, and transmission equipment contribute to carbon emissions. Passive components like telecom towers, sites, and others also add to the carbon footprint. Regulations, like the one in India by the Telecom Regulatory Authority of India (TRAI), mandating carbon emissions disclosure, have driven the need for carbon accounting software. Companies use this software to support eco-design initiatives, develop energy-efficient products, and reduce operational costs. These factors are expected to fuel the growth of the telecommunication segment in the global carbon accounting software market.

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Research Analysis

The Carbon Accounting Software market is witnessing significant growth as enterprises increasingly focus on measuring, managing, and reducing their carbon releases to achieve net-zero emissions and seize financial opportunities in the decarbonization solution space. This software enables auditing of carbon footprints, predicting emissions from commercial operations, designing and constructing buildings with digital twin technology, and managing traffic flow and room temperatures in real-time. City planners and building owners are leveraging this high-tech knowledge to innovate solutions for sustainability proficiency and transformation expertise. Potential investors and financial institutions are also showing keen interest in this market, recognizing the importance of carbon accounting in the decarbonization process. McKinsey and Catalyst Zero are among the many organizations providing carbon accounting services, helping enterprises navigate the complexities of carbon management.

Market Research Overview

The Carbon Accounting Software market is experiencing significant growth as enterprises prioritize decarbonization solutions for managing and reducing their carbon releases. This market offers financial opportunities for investors and potential investors, as the demand for sustainability proficiency and high-tech knowledge increases. Innovating solutions in this space include digital twin technology, AI, and predictive analytics, which can help manage carbon footprints in commercial operations, buildings, and services. Driving factors include the net-zero emissions target, COP27, and the need to address greenwashing practices. McKinsey and Catalyst Zero are among those leading the transformation expertise in this field. Carbon accounting software can help manage emissions from physical objects like buildings, traffic flow, room temperatures, wind power, and fossil fuel consumption. Companies like ExxonMobil are also deploying carbon accounting software for on-premise and cloud-based solutions. Digital alternatives, such as online banking and mobile payment apps, are also contributing to the paperless progress in this market. Algae biofuels and other renewable energy sources are also being integrated into carbon accounting software to help enterprises achieve their net-zero targets.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

End-userTelecommunicationOil And GasTechnologyPower And UtilitiesOthersDeploymentCloud-basedOn-premisesGeographyNorth AmericaEuropeAPACMiddle East And AfricaSouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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Optimum and University of Phoenix expand education savings opportunities to employees of Optimum Business customers

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 Expanded educational alliance provides eligible employees of Optimum Business customers with tuition-free course opportunities and additional savings to support career-relevant learning.

PHOENIX, Nov. 4, 2026 /PRNewswire/ — Optimum Business and University of Phoenix today announced an expansion of their existing educational alliance to make new education savings opportunities available to employees of eligible Optimum Business customers. Through the initiative, participating businesses can connect their employees with a University of Phoenix benefit offering one tuition-free course for every five courses completed.

The expansion builds on the organizations’ commitment to workforce development by extending education benefits beyond Optimum’s own employees to the teams of its business customers. For small businesses that may not have formal tuition assistance programs, the initiative offers another way to support employees who are pursuing degrees, developing new skills or continuing their education.

“Small businesses are at the heart of the communities we serve, and we want to help them and their employees thrive,” said Keith Bowen, President of News, Programming, and Business Services at Optimum. “Expanding our alliance with University of Phoenix gives Optimum Business customers another meaningful way to invest in their people and support continued learning and development.”

Education savings designed for working adults

Through the Optimum Business education savings opportunity, eligible employees can access several University of Phoenix benefits:

Tuition-free course opportunity: Receive one tuition-free course for every five courses completed, subject to eligibility requirements.
  Additional education savings: University of Phoenix will waive resource fees for two courses each calendar year.

To qualify for the tuition-free sixth course, students must successfully complete 5 courses and begin the sixth course within 365 days of posting attendance in their first course. Additional eligibility requirements and University of Phoenix terms and conditions apply.

University of Phoenix offers career relevant degree programs to support professional learning goals. Flexible online learning is designed around the schedules of working adults, with students taking one course at a time and most courses completed in five or six weeks. Prospective students can also have qualifying professional training, certifications and prior learning evaluated for potential college credit. These learning options are designed to help adults pursue educational goals while balancing their work, family and other responsibilities.

“We’ve built a strong relationship with Optimum around a shared commitment to employee development, so expanding these opportunities to its business customers is a natural next step,” said Jay Titus, general manager and vice president of Workforce Solutions at University of Phoenix. “For smaller businesses that may not offer formal tuition benefits, this initiative creates another way to support employees’ education goals. And for working adults, it means access to tuition savings and flexible, career-relevant learning that can help them develop practical skills while balancing work and life.”

Building on an established educational alliance

Optimum first collaborated with University of Phoenix to provide tuition benefits to eligible employees in 2023. The new offering extends education savings opportunities to employees of Optimum Business customers, broadening the reach of the educational alliance.

Through University of Phoenix Workforce Solutions, the University works with organizations to connect employee learning opportunities with evolving workforce needs. The expansion reflects a shared focus on making career-relevant education more accessible to working adults and creating additional ways for businesses to support employee development.

Optimum Business customers and their employees can learn more about the education savings opportunity, including eligibility requirements and application instructions, at phoenix.edu/OBC.

About Optimum Communications

Optimum Communications, Inc. (NYSE: OPTU) is one of the largest broadband communications and video services providers in the United States, delivering broadband, video, mobile, proprietary content and advertising services to approximately 4.2 million residential and business customers across 21 states through its Optimum brand. We operate Optimum Media, an advanced advertising and data business, which provides audience-based, multiscreen advertising solutions to local, regional and national businesses and advertising clients. We also operate News 12, which is focused on delivering best-in-class hyperlocal news content. 

About University of Phoenix

University of Phoenix is Built for Real Life. 50 Years Strong. The University innovates to help working adults enhance their careers and develop skills in a rapidly changing world through flexible online learning, relevant courses, academic AI pillars, and skills-mapped curriculum for associate, bachelor’s and master’s degree programs. Active students and alumni have access to Career Services for Life® resources including career guidance and tools. For more information, visit phoenix.edu. 

About University of Phoenix Workforce Solutions 

University of Phoenix Workforce Solutions helps companies align employee development to business strategy through skills-based solutions designed to address evolving workforce needs. Its Adaptable Skills Solutions brings together professional development, education savings and AI skills intelligence to support workforce planning, retention and talent mobility. By combining data, tools and education resources, Workforce Solutions offers practical ways to identify skills gaps, inform workforce decisions and prepare employees for long-term adaptability in a rapidly changing workplace. Learn more at https://www.phoenix.edu/workforce-solutions.html.

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SOURCE University of Phoenix

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RingConn and Borussia Dortmund Join Forces in a BVB Women’s Premium Partnership

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Partnership brings together wearable technology and football, encouraging a deeper understanding of health and the body’s natural rhythms.

DORTMUND, Germany, Nov. 4, 2026 /PRNewswire/ — RingConn, a health technology company specializing in smart rings, announced a partnership with Borussia Dortmund’s women’s football team, becoming the team’s Premium Partner. The collaboration brings together wearable technology and football, with a shared focus on deepening understanding of the body, recognizing its natural rhythms, and making health insights part of everyday life.

At the heart of the partnership is the idea of Own Your Rhythm — encourages people to look beyond external expectations, listen to their bodies, and tune into their natural rhythms. Through its smart ring technology, RingConn provides insights into personal health metrics, helping users better understand their bodies and their natural rhythms over time.

As part of the collaboration, some players of Borussia Dortmund will receive RingConn Gen 3 smart rings for continued use. The collaboration creates an opportunity to bring health technology into the everyday routines of BVB’s football players, while keeping the focus on individual awareness and personal well-being.

For RingConn, the partnership reflects a broader belief that health awareness is not limited to specific moments or routines. Small, consistent insights can help people become more familiar with their bodies over time. Designed for continuous wear, RingConn’s smart rings provide health and wellness insights through a connected experience, supporting users as they navigate the demands and rhythms of everyday life.

“We are pleased to welcome RingConn as a Premium Partner of our women’s football team. Our players are defined by commitment, individuality and a strong connection to their bodies, and this partnership supports exactly that. Listening to your body and understanding your own rhythm helps everyone perform and feel well, on the pitch and in everyday life,” says BVB managing director Svenja Schlenker.

Through this partnership, RingConn and Borussia Dortmund aim to bring greater attention to the relationship between technology, body awareness and everyday well-being. Guided by the principle of Own Your Rhythm, the collaboration places the individual at the center — recognizing that understanding one’s body is a personal journey, shaped by individual needs, habits and experiences.

About RingConn

Established in 2021, RingConn is a user-centric company, driven by continuous innovation, to provide professional, continuous, and thoughtful health monitoring products and services. RingConn is dedicated to becoming users’ most trusted guardian for their physical and mental well-being.

About Borussia Dortmund

Borussia Dortmund is one of the most traditional and popular German football clubs. Founded in 1909, BVB boasts more than 10 million fans within Germany and, in addition, also looks to a rapidly growing fan base worldwide. The eight-time German champions and five-time DFB-Pokal winner was in 1966 the first German club to win a European Cup competition. BVB also became the first Bundesliga club to win the UEFA Champions League in 1997, followed by the Intercontinental Cup in the same year. With a turnover of about 460 million Euros, Borussia Dortmund is also one of the economically strongest football clubs in the world.

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CData Software Was Recognized as a Challenger in the 2026 Gartner® Magic Quadrant™ for Data Integration Tools

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CData’s platform connects and governs access to hundreds of enterprise systems for people, applications and AI agents

CHAPEL HILL, N.C., Nov. 4, 2026 /PRNewswire/ — CData Software today announced that it has been positioned as a Challenger in the 2026 Gartner® Magic Quadrant™ for Data Integration Tools. CData is the only vendor positioned in the Challenger quadrant in this year’s report.

CData’s platform provides a unified data layer that enables people, applications and AI agents to access and work with enterprise data across cloud and on-premises systems. As organizations move AI initiatives from experimentation into production, the platform brings together the connectivity, context and governance required to make enterprise data accessible and useful to a growing range of data consumers.

“We believe this placement reflects where we’ve put our effort: one data layer that works for people, applications and now AI agents, and now through our Connect AI Gateway,” said Amit Sharma, Co-founder and CEO of CData Software. “Agents need the same data foundation that people and applications already rely on, which is why our AI gateway builds on it.”

One data layer for people, applications and AI agents

Enterprise AI requires more than a connection to a data source. AI systems need access to relevant information, an understanding of what that information means, and the ability to operate within established policies and permissions. The CData Platform brings these capabilities together through a common foundation that addresses three requirements for enterprise data access:

Connectivity: Access to data across hundreds of cloud and on-premises systems, supporting integration, replication and live data access.

Context: Enterprise data, documented business definitions and organizational knowledge that help AI systems interpret requests and produce relevant results.

Control: Governance and permissions that help ensure people, applications and AI agents access data in accordance with organizational policies.

Extending data integration to AI

CData Connect AI Gateway extends the company’s data integration foundation to this emerging category of users. The gateway provides a control point for AI models, tools, data and actions, applying governed access while connecting agents to enterprise systems. It also supports model routing and access to the context agents need to work with business data.

By building AI access on the same connectivity foundation used for integration and replication, CData enables organizations to extend existing data connections and governance to AI applications and agents.

The company continues to invest its platform across all three areas. Recent work includes change data capture for SAP HANA, DB2 for i, and SAP Gateway, along with built-in Git integration. The Context Engine builds a governed graph of system context, business definitions and company knowledge, so AI agents interpret enterprise data the way teams mean it. The AI gateway routes each LLM request to the right model and each MCP call to the right tools and data.

CData is also expanding the ways developers and organizations can connect AI systems to enterprise data through published connectors and integrations for leading AI platforms. In addition, CData Labs provides benchmark data for enterprise AI, so teams can see how AI performs on real enterprise data.

Read the full 2026 Gartner® Magic Quadrant™ for Data Integration Tools report: https://www.cdata.com/lp/gartner-magic-quadrant-2026/ 

Gartner Disclaimer

Gartner, Magic Quadrant for Data Integration Tools, Thornton Craig, Robert Thanaraj, Sharat Menon, Jenna Goodrich, Nina Showell, November 2, 2026.

GARTNER is a trademark of Gartner, Inc. and/or its affiliates. Magic Quadrant is a trademark of Gartner, Inc. and/or its affiliates.

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About CData Software

CData is the AI gateway between AI and the systems that run the business. One control point connects agents and individuals to data across hundreds of enterprise systems, grounds every request in company context, governs it down to the record and routes it to the most efficient model. Built on CData’s data layer, it delivers accurate answers, governed access and falling cost, whether the user is an agent, an application or a person. CData powers AI workloads for Anthropic, Databricks, Microsoft, Google, Palantir and more than 10,000 customers worldwide. Learn more at www.cdata.com or contact info@cdata.com.

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