The recent business intelligence study on the Energy and Utility Analytics market offers crucial information on the various factors, such as growth stimulants, obstacles and restraints, and other potential expansions, that will drive the market’s growth . The research analysis claims that this industry will witness a steady growth . Important data about the regional markets and major companies prevailing in this business sector is also documented. Based on present successes and growth potential, numerous factors supporting the overall business expansion is encompassed in the report, along with a thorough examination of the competitive landscape.
Global Energy and Utility Analytics Market is valued approximately at USD 2.3 billion in 2018 and is anticipated to grow with a CAGR of more than 13.5% over the forecast period 2019-2026. Energy and Utilities analytics are used by companies to track the power consumption of their consumers using technology. The introduction of smart meters and smart grids have enabled energy and utilities providers to allocate services efficiently and reduce costs. The increasing adoption of cloud-based technology, big data analytics and use of open-source technologies by various industries which are emphasizing on increasing business revenues create a lucrative demand for this market. The increasing demand for energy, rising government initiatives for healthy environment, and increasing demand from the consumer to know their energy consumption pattern as well as rising demand for smart grids and smart meters are the few factors responsible for high CAGR of the market over the forecast period. For instance, in 2018, U.S. electric utilities had about 86.8 million advanced metering infrastructure installations including meters that measures and provide electricity usage data to both the utility and the utility customers at least once a day. However, security concerns as well as compatibility issues and skill gap are the major factors restricting the growth of global Energy and Utility Analytics market during the forecast period.
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Global Energy and Utility Analytics Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the rise in advancements in IoT and increase in the demand for bid data analytics, cloud-based technologies and government policies across the region. However, Asia-Pacific is anticipated to exhibit highest growth rate / CAGR over the forecast period of 2019-2026.
Major market player included in this report are:
International Business Machines (IBM) Corporation
Cisco Systems Inc.
Eaton Corporation Inc.
Schneider Electric SE
TIBCO Software Inc.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
Load Research and Forecasting
Meter Operation and Optimization
Transmission and Distribution Management
Emergency Response Management
By Deployment Model:
By Industry Vertical:
Energy’ Oil’ and Gas Vertical
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year â€“ 2016, 2017
Base year â€“ 2018
Forecast period â€“ 2019 to 2026
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Key Questions answered in the market Report are:
- Which product segment grabbed the largest share in the market?
- How is the competitive scenario of the market?
- Which are the key factors aiding the market growth?
- Which region holds the maximum share in the market?
- What will be the CAGR of the market during the forecast period?
- Which application segment emerged as the leading segment in the market?
- Which are the prominent players in the market?
- What key trends are likely to emerge in the market in the coming years?
- What will be the market size?
- Which company held the largest share in the market?
Main Points Covered from TOC:
1 Market Overview
1.1 Product Overview and Scope of
1.2 Segment by Type
1.3 Segment by Application
1.4 Global Market Growth Prospects
1.5 Global Market Size by Region
2 Market Competition by Manufacturers
2.1 Global Production Market Share by Manufacturers
2.2 Global Revenue Market Share by Manufacturers
2.3 Market Share by Company
2.4 Global Average Price by Manufacturers
2.5 Manufacturers Production Sites, Area Served, Product Types
2.6 Market Competitive Situation and Trends
3 Production by Region
3.1 Global Production of Market Share by Region
3.2 Global Revenue Market Share by Region
3.3 Global Production, Revenue, Price and Gross Margin
3.4 North America Production
3.5 Europe Production
3.6 China Production
4 Global Consumption by Region
4.1 Global Consumption by Region
4.2 North America
4.4 Asia Pacific
4.5 Latin America
5 Market Segment by Type
5.1 Global Production Market Share by Type
5.2 Global Revenue Market Share by Type
5.3 Global Price by Type
6 Segment by Application
6.1 Global Production Market Share by Application
6.2 Global Revenue Market Share by Application
6.3 Global Price by Application
7 Key Companies Profiled
7.1 Company A
7.1.1 Corporation Information
7.1.2 Product Portfolio
7.1.3 Production, Revenue, Price and Gross Margin
7.1.4 Main Business and Markets Served
7.1.5 Recent Developments/Updates
7.2 Company B
7.2.1 Corporation Information
7.2.2 Product Portfolio
7.2.3 Production, Revenue, Price and Gross Margin
7.2. Main Business and Markets Served
7.2.5 Recent Developments/Updates
8 Manufacturing Cost Analysis
9 Marketing Channel, Distributors and Customers
10 Market Dynamics
11 Production and Supply Forecast
12 Consumption and Demand Forecast
13 Forecast by Type and by Application
14 Research Finding and Conclusion
15 Methodology and Data Source
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