Market overview
The global carbon advisory market is worth USD 7.5 bn in 2026 and is forecast to reach USD 19.4 bn by 2036, growing at a 10.0% CAGR. United States is the largest country market and Emissions measurement and reporting is the largest by service segment.
| Scope | Carbon advisory services: emissions inventories, net-zero strategy, carbon credit advice, supply-chain decarbonisation, disclosure and assurance support sold to companies and governments. |
|---|---|
| Industry | Services and Utilities |
| Value 2025 | USD 6.8 bn |
| Value 2026 | USD 7.5 bn |
| Value 2036 | USD 19.4 bn |
| CAGR 2026-2036 | 10.0% |
| Volume 2026 | 59.3 thousand engagements |
| Volume 2036 | 126 thousand engagements |
| Average price 2026 | USD 126,100 per engagement |
| Report price | Starts from USD 1,999 |
| Published | November 2026 |
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Carbon Advisory market size and forecast, 2026-2036
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| Year | Market value |
|---|---|
| 2026 | USD 7.5 bn |
| 2027 | USD 8.2 bn |
| 2028 | USD 9.1 bn |
| 2029 | USD 10.0 bn |
| 2030 | USD 11.0 bn |
| 2031 | USD 12.0 bn |
| 2032 | USD 13.3 bn |
| 2033 | USD 14.6 bn |
| 2034 | USD 16.0 bn |
| 2035 | USD 17.6 bn |
| 2036 | USD 19.4 bn |
Carbon Advisory market segmentation
By service
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Emissions measurement and reporting | 34.0% | 31.0% | USD 2.5 bn | 9.0% |
| Net-zero strategy and target setting | 24.0% | 22.9% | USD 1.8 bn | 9.5% |
| Carbon markets and credits advisory | 14.0% | 16.7% | USD 1.0 bn | 12.0% |
| Supply-chain and product carbon footprinting | 16.0% | 17.5% | USD 1.2 bn | 11.0% |
| Assurance and verification | 12.0% | 12.0% | USD 898 mn | 10.0% |
By client sector
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Manufacturing | 28.0% | 27.0% | USD 2.1 bn | 9.6% |
| Financial services | 22.0% | 24.3% | USD 1.6 bn | 11.1% |
| Energy and utilities | 18.0% | 16.6% | USD 1.3 bn | 9.1% |
| Consumer goods and retail | 16.0% | 16.2% | USD 1.2 bn | 10.1% |
| Public sector | 10.0% | 10.1% | USD 748 mn | 10.1% |
| Others | 6.0% | 5.8% | USD 449 mn | 9.6% |
By engagement type
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Project-based | 53.0% | 50.0% | USD 4.0 bn | 9.4% |
| Retainer | 31.0% | 31.6% | USD 2.3 bn | 10.2% |
| Subscription software-enabled | 16.0% | 18.4% | USD 1.2 bn | 11.6% |
By firm type
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Big Four and large consultancies | 34.0% | 31.6% | USD 2.5 bn | 9.2% |
| Specialist boutiques | 40.0% | 40.2% | USD 3.0 bn | 10.1% |
| Software and data providers | 26.0% | 28.2% | USD 1.9 bn | 10.9% |
By client size
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Large enterprises | 62.0% | 59.6% | USD 4.6 bn | 9.6% |
| Mid-size firms | 30.0% | 31.0% | USD 2.2 bn | 10.4% |
| Small firms | 8.0% | 9.4% | USD 598 mn | 11.8% |
Top 25 countries for carbon advisory by revenue
Countries are ranked by revenue earned from sales in the country, not by where the product is made. The ten largest hold 84.0% of 2026 revenue and the 25 countries below together hold 96.8%.
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| # | Country | Value 2026 | Share 2026 | Value 2036 | CAGR 2026-36 |
|---|---|---|---|---|---|
| 1 | United States | USD 1.9 bn | 25.0% | USD 4.3 bn | 8.6% |
| 2 | United Kingdom | USD 898 mn | 12.0% | USD 2.2 bn | 9.2% |
| 3 | Germany | USD 823 mn | 11.0% | USD 2.1 bn | 9.6% |
| 4 | France | USD 598 mn | 8.0% | USD 1.5 bn | 9.6% |
| 5 | China | USD 524 mn | 7.0% | USD 1.8 bn | 13.1% |
| 6 | Japan | USD 449 mn | 6.0% | USD 1.1 bn | 9.1% |
| 7 | India | USD 374 mn | 5.0% | USD 1.5 bn | 15.2% |
| 8 | Netherlands | USD 299 mn | 4.0% | USD 776 mn | 10.0% |
| 9 | Switzerland | USD 224 mn | 3.0% | USD 543 mn | 9.2% |
| 10 | Australia | USD 224 mn | 3.0% | USD 582 mn | 10.0% |
| 11 | Sweden | USD 159 mn | 2.1% | USD 405 mn | 9.8% |
| 12 | Denmark | USD 135 mn | 1.8% | USD 343 mn | 9.8% |
| 13 | Norway | USD 114 mn | 1.5% | USD 291 mn | 9.8% |
| 14 | Belgium | USD 97 mn | 1.3% | USD 246 mn | 9.7% |
| 15 | Ireland | USD 82 mn | 1.1% | USD 223 mn | 10.5% |
| 16 | Austria | USD 70 mn | 0.9% | USD 178 mn | 9.9% |
| 17 | Finland | USD 59 mn | 0.8% | USD 151 mn | 9.9% |
| 18 | Singapore | USD 50 mn | 0.7% | USD 149 mn | 11.5% |
| 19 | Hong Kong | USD 43 mn | 0.6% | USD 114 mn | 10.4% |
| 20 | Spain | USD 36 mn | 0.5% | USD 91 mn | 9.8% |
| 21 | United Arab Emirates | USD 31 mn | 0.4% | USD 91 mn | 11.5% |
| 22 | Mexico | USD 26 mn | 0.3% | USD 78 mn | 11.5% |
| 23 | Poland | USD 22 mn | 0.3% | USD 66 mn | 11.8% |
| 24 | Israel | USD 19 mn | 0.2% | USD 56 mn | 11.6% |
| 25 | Saudi Arabia | USD 16 mn | 0.2% | USD 47 mn | 11.5% |
| Rest of world | USD 239 mn | 3.2% | USD 611 mn | 9.8% |
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
Competitive landscape
Group 1: Global leaders
- Deloitte
- PwC
- EY
- KPMG
- ERM
- South Pole
- Accenture
- Boston Consulting Group
Group 2: Regional and specialist players
- Carbon Trust
- Anthesis
- ClimatePartner
- EcoAct
- WSP
- Ramboll
- Ricardo
- Planet Mark
Group 3: Emerging and niche players
- Normative
- Carbon Direct
- Watershed
- Plan A
- Greenly
- Sweep
Research methodology
Every figure on this page comes from the research framework that we apply to all of the markets we cover. The 2025 base for the carbon advisory market is built from the volume sold and the price that buyers pay, and is cross-checked against the size of the wider industry the market belongs to. Where a market can be sized in more than one way, the routes are compared before a figure is set.
The forecast runs year by year from the 2025 base to 2036. Growth in each year reflects demand from the industries that buy the product, adoption of new technology, pricing, regulation and replacement cycles. Volume and price are modelled together, so revenue in each year equals volume multiplied by average price. The 2026 to 2036 compound annual growth rate of 10.0% is calculated from the resulting values.
The market is divided by service, by client sector, by engagement type, by firm type, by client size. The 25 largest countries are ranked by revenue earned from sales to buyers in each country, not by where the product is made. Segment values and country values add up to the market total in every year, and every report is checked for consistency before it is published.
Companies are placed in three groups: global leaders, regional and specialist players, and emerging and niche players. The groups describe how companies compete in the market. They are not a ranking and they are not market shares.
Our analysts also carry out primary research. Customized reports add interviews with key opinion leaders, such as senior executives, technical specialists and buyers, to test the assumptions behind the numbers for the question being asked.
Frequently asked questions
How big is the carbon advisory market?
The global carbon advisory market is estimated at USD 6.8 bn in 2025 and USD 7.5 bn in 2026.
How fast will the carbon advisory market grow?
It is forecast to reach USD 19.4 bn by 2036, a compound annual growth rate of 10.0% from 2026, an increase of USD 11.9 bn.
Which country is the largest market for carbon advisory?
United States is the largest market by revenue at USD 1.9 bn in 2026, 25.0% of the global total. The three largest countries together hold 48.0%.
Which country is growing fastest?
Among the ten largest markets, India is growing fastest at 15.2% a year from 2026 to 2036.
Which carbon advisory segment is largest?
In the by service split, Emissions measurement and reporting is the largest segment with 34.0% of 2026 revenue.
Who are the leading carbon advisory companies?
Global leaders include Deloitte, PwC, EY, KPMG.
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