<img src="https://ml.globenewswire.com/Resource/Download/908fb457-7f8e-4a08-9081-5565e3dfb3d7?size=2" nborder="0" align="left" hspace="5" vspace="5" title="22157.jpg" alt="Company Logo"/>EU rules are driving demand for audit-ready ESG software, supplier data integration, AI automation, cloud/hybrid deployment, energy optimization and implementation services.Dublin, Sept. 15, 2026 <a href="https://www.globenewswire.com" target="_blank">(GLOBE NEWSWIRE)</a> -- <a href="https://www.researchandmarkets.com/reports/6260142/europe-green-it-software-market-share?utm_source=GNE&amp;utm_medium=PressRelease&amp;utm_code=gwqfkx&amp;utm_campaign=2350006+-+Europe+Green+IT+Software+Forecasts+Growth+from+%246.94B+(2026)+to+%2414.45B+by+2031%2c+Profiling+SAP%2c+IBM%2c+Schneider+Electric%2c+Salesforce+%26+20+Other+Key+Players&amp;utm_exec=clshmsai" rel="nofollow" target="_blank" title="Europe Green IT Software - Market Share Analysis, Industry Trends &amp; Statistics, Growth Forecasts (2026-2031)">"Europe Green IT Software - Market Share Analysis, Industry Trends &amp; Statistics, Growth Forecasts (2026-2031)"</a> has been added to ResearchAndMarkets.com's offering. Europe Green IT Software Market to Reach USD 14.45 Billion by 2031 as Sustainability Compliance Accelerates The Europe green IT software market is projected to grow from USD 6.11 billion in 2025 to USD 6.94 billion in 2026, reaching USD 14.45 billion by 2031. The market is expected to register a compound annual growth rate of 15.80% between 2026 and 2031, supported by stricter sustainability reporting requirements, demand for audit-ready emissions data, and increased investment in energy and resource optimization. Corporate Sustainability Reporting Requirements Drive Market Growth The European Union's Corporate Sustainability Reporting Directive remains a major structural catalyst for green IT software adoption. Sustainability reporting has become a formal, reviewable obligation for many large organizations, increasing demand for platforms that provide reliable controls, transparent audit trails, data lineage, and governance across multiple entities. In 2025, the European Securities and Markets Authority reported 367 examinations of sustainability statements under CSRD and Non-Financial Reporting Directive content reviews. These examinations resulted in enforcement actions against 109 issuers, demonstrating that regulators were actively reviewing disclosures during the initial reporting cycle. Although threshold revisions introduced in 2026 reduced the number of companies directly subject to mandatory reporting, spending is increasingly concentrated among larger enterprises. These organizations typically operate across multiple countries, manage extensive supplier networks, and require more sophisticated software deployments. The need to maintain consistent sustainability data across subsidiaries, disclosure topics, and assurance processes continues to support long-term demand for green IT software in Europe. Audit-Ready Carbon Reporting Becomes a Strategic Priority Demand is rising for emissions management software capable of transforming operational data into traceable, disclosure-ready reporting across Scope 1, Scope 2, and Scope 3 emissions. Scope 3 reporting remains particularly challenging because companies often need accurate information from large networks of suppliers, logistics providers, contractors, and business partners. Recent industry partnerships demonstrate a shift toward integrated sustainability data ecosystems. In March 2026, EcoVadis and Watershed partnered to connect supplier-level carbon information with enterprise reporting workflows. EcoVadis and Workiva expanded this approach in May 2026 by linking Carbon Data Network outputs with corporate reporting processes, helping businesses improve the accuracy and audit readiness of Scope 3 calculations. These developments are raising customer expectations for interoperability, supplier engagement, evidence quality, and automated data validation. They are also strengthening demand for implementation and advisory services, particularly among manufacturers, retailers, financial institutions, and other organizations with complex value chains. Fragmented Standards Create Adoption Challenges Differences among reporting frameworks, national enforcement practices, and verification requirements remain a restraint on the Europe green IT software market. Multinational organizations frequently need to manage several sustainability reporting structures within a single technology environment. ESMA's April 2026 compliance table indicated that five of 30 EU and European Economic Area national competent authorities had declared non-compliance with enforcement guidelines, while Germany and Spain were listed as intending to comply. The United Kingdom's separate sustainability disclosure pathway also adds complexity for companies operating across EU and non-EU jurisdictions. This fragmented environment increases demand for flexible software that supports cross-framework mapping, changing terminology, configurable disclosure logic, and jurisdiction-specific governance. However, it can also extend purchasing decisions and increase reliance on implementation services and manual controls. Software Maintains the Largest Revenue Share Software accounted for 77.52% of market revenue in 2025, reflecting strong demand for centralized platforms that manage sustainability reporting, carbon accounting, document controls, dashboards, data lineage, and regulatory updates. Subscription-based platforms remain central to enterprise sustainability strategies because they provide consistent records across recurring reporting cycles. Services are forecast to grow at a CAGR of 18.24% from 2026 to 2031, outpacing the core software segment. Growth is being driven by demand for implementation support, entity mapping, supplier onboarding, double-materiality assessments, control testing, assurance readiness, and integration with existing business systems. Organizations are increasingly purchasing both technology and specialist expertise to establish effective sustainability reporting processes. Cloud Leads While Hybrid Deployment Gains Momentum Cloud deployment represented 66.84% of market revenue in 2025. Software-as-a-service platforms are favored for their scalability, faster implementation, continuous regulatory updates, supplier collaboration capabilities, and ability to support users across multiple business units and legal entities. Hybrid deployment is expected to record the fastest growth, with a projected CAGR of 19.18% between 2026 and 2031. Organizations increasingly want cloud-based analytics and workflow capabilities while retaining greater control over sensitive operational and sustainability data. This trend is especially important in government, defense, financial services, and other highly regulated industries. Data residency, privacy, and audit defensibility are becoming more prominent purchasing criteria across Europe. As a result, vendors capable of combining cloud scalability with regional infrastructure and robust governance controls are positioned to benefit from the next phase of market expansion. Additional growth opportunities are emerging from energy optimization in data centers and digital workplaces, as well as artificial intelligence-enabled ESG data collection and reconciliation. However, integration with legacy enterprise resource planning systems, cloud environments, and existing data architectures remains a significant implementation challenge. Overall, regulatory enforcement, more rigorous carbon reporting, and enterprise demand for trusted sustainability data are expected to sustain rapid growth in the Europe green IT software market through 2031. Key Topics Covered: 1 INTRODUCTION 1.1 Study Assumptions and Market Definition 1.2 Scope of the Study 2 RESEARCH METHODOLOGY 3 EXECUTIVE SUMMARY 4 MARKET LANDSCAPE 4.1 Market Overview 4.2 Market Drivers 4.2.1 EU Corporate Sustainability Reporting Directive Compliance Pressure 4.2.2 Rise in Audit-Ready Scope 1, Scope 2, and Scope 3 Reporting Workflows 4.2.3 Expansion of Energy Optimization Use Cases in Data Centers and Digital Workplaces 4.2.4 AI-Enabled Automation of ESG Data Collection and Reconciliation 4.2.5 Procurement Demand for Measurable Software Carbon Savings 4.2.6 Cybersecurity and Data Residency Needs Favoring Enterprise-Grade Platforms 4.3 Market Restraints 4.3.1 Fragmented Reporting Standards Across Jurisdictions and Frameworks 4.3.2 High Integration Burden With Legacy ERP, Cloud, and Data Stack Environments 4.3.3 Limited Internal Sustainability Analytics Skills in Mid-Market Firms 4.3.4 Buyer Fatigue From Overlapping ESG, Carbon, and Energy Software Categories 4.4 Industry Value Chain Analysis 4.5 Impact of Macroeconomic Factors on the Market 4.6 Regulatory Landscape 4.7 Technological Outlook 4.8 Porter's Five Forces Analysis 4.8.1 Threat of New Entrants 4.8.2 Bargaining Power of Suppliers 4.8.3 Bargaining Power of Buyers 4.8.4 Threat of Substitutes 4.8.5 Intensity of Competitive Rivalry 5 MARKET SIZE AND GROWTH FORECASTS (VALUE) 5.1 By Offering 5.1.1 Software 5.1.2 Services 5.2 By Deployment Mode 5.2.1 Cloud 5.2.2 On-Premises 5.2.3 Hybrid 5.3 By Organization Size 5.3.1 Large Enterprises 5.3.2 SMEs 5.4 By End-User Industry 5.4.1 IT and Telecom 5.4.2 BFSI 5.4.3 Manufacturing 5.4.4 Energy and Utilities 5.4.5 Retail and E-Commerce 5.4.6 Government 5.4.7 Healthcare 5.4.8 Construction and Infrastructure 5.4.9 Other End-User Industries 5.5 By Solution Type 5.5.1 Carbon Management and Accounting Software 5.5.2 ESG Reporting and Compliance Software 5.5.3 Sustainability Data Management Platforms 5.5.4 Decarbonization Planning Software 5.5.5 Energy and Resource Optimization Software 5.6 By Geography 5.6.1 United Kingdom 5.6.2 Germany 5.6.3 France 5.6.4 Italy 5.6.5 Spain 5.6.6 Russia 5.6.7 Nordics 5.6.8 Rest of Europe 6 COMPETITIVE LANDSCAPE 6.1 Market Concentration 6.2 Strategic Moves 6.3 Market Share Analysis 6.4 Company Profiles (includes Global Level Overview, Market Level Overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share, Products and Services, Recent Developments) 6.4.1 SAP SE 6.4.2 IBM Corporation 6.4.3 Schneider Electric SE 6.4.4 Salesforce, Inc. 6.4.5 Workiva Inc. 6.4.6 Persefoni AI Inc. 6.4.7 Watershed Technology, Inc. 6.4.8 Sweep SAS 6.4.9 Plan A Earth GmbH 6.4.10 Emitwise Ltd 6.4.11 Cority Software Inc. 6.4.12 Diligent Corporation 6.4.13 Enablon, a Wolters Kluwer business 6.4.14 EcoVadis SAS 6.4.15 Benchmark Digital Partners LLC 6.4.16 Novata, Inc. 6.4.17 Measurabl, Inc. 6.4.18 Greenly SAS 6.4.19 Normative AB 6.4.20 Intelex Technologies ULC 6.4.21 Sphera Solutions, Inc. 6.4.22 VelocityEHS Holdings, Inc. 6.4.23 Novisto Inc. 6.4.24 Sinai Technologies, Inc. 7 MARKET OPPORTUNITIES AND FUTURE OUTLOOK 7.1 White-Space and Unmet-Need Assessment For more information about this report visit <a href="https://www.researchandmarkets.com/reports/6260142/europe-green-it-software-market-share?utm_source=GNE&amp;utm_medium=PressRelease&amp;utm_code=gwqfkx&amp;utm_campaign=2350006+-+Europe+Green+IT+Software+Forecasts+Growth+from+%246.94B+(2026)+to+%2414.45B+by+2031%2c+Profiling+SAP%2c+IBM%2c+Schneider+Electric%2c+Salesforce+%26+20+Other+Key+Players&amp;utm_exec=clshmsai" rel="nofollow" target="_blank" title="">https://www.researchandmarkets.com/r/y0r9to</a> About ResearchAndMarkets.com ResearchAndMarkets.com is the world's leading source for international market research reports and market data. 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Europe Green IT Software Forecasts Growth from $6.94B (2026) to $14.45B by 2031, Profiling SAP, IBM, Schneider Electric, Salesforce & 20 Other Key Players

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