A smart grid generates a lot of data on a daily basis at different points such as smart meters installed in homes, at utilities' end, etc.
These massive amounts of generated data are collected, stored, transmitted and analysed to predict electricity demand patterns and consequently, manage the production. The smart grid data management takes into account the entire value chain of data generation, collection, storage and analyses.
The analysts forecast the global smart grid data management market to grow at a CAGR of 13.85% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global smart grid data management market for 2015-2020.
The market is divided into the following segments based on geography:
The report, Global Smart Grid Data Management Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
- EMC Corp.
- Oracle Corp.
- SAP SE
- SAS Institute Inc.
- Siemens AG
Other prominent vendors
- GE energy
- Need for data management
- High cost of upgrading smart grids
- Rapid deployment of smart grids
Key questions answered in this report:
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
- Market overview
- Top-vendor offerings
- Research methodology
- Economic indicators
- Key market highlights
- Market overview
- Market size and forecast
- Five forces analysis
- Global smart grid data management market by application 2015
- Global smart grid data management market by application 2020
- Global smart grid data management market by application 2015-2020
- Global smart grid data management in power generation and transmission
- Global smart grid data management in distribution
- Global smart grid data management market by geography 2015
- Global smart grid data management market by geography 2020
- Global smart grid data management market by geography 2015-2020
- Smart grid data management market in the Americas 2015-2020
- Smart grid data management market in EMEA 2015-2020
- Smart grid data management market in APAC 2015-2020
PART 09: Market drivers
PART 10: Impact of drivers
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Market trends
PART 14: Vendor landscape
- Other prominent vendors
- List of abbreviations
List of Exhibits
Exhibit 01: Product offerings
Exhibit 02: Smart grid data collection function
Exhibit 03: Use of big data analytics in utilities sector
Exhibit 04: Market overview
Exhibit 05: Global smart grid data management market 2016-2020 ($ billions)
Exhibit 06: Smart grid data volume growth in a typical utility (TB)
Exhibit 07: Five forces analysis
Exhibit 08: Global smart grid data management market by application 2015
Exhibit 09: Global smart grid data management market by application 2020
Exhibit 10: Global smart grid data management market by application 2015-2020
Exhibit 11: Global smart grid data management in power generation and transmission segment 2015-2020 ($ billions)
Exhibit 12: Global smart grid data management in distribution segment 2015-2020 ($ billions)
Exhibit 13: Impact of implementing MDM software on business processes
Exhibit 14: Most commonly used distribution energy resources
Exhibit 15: Global smart grid data management market by geography 2015
Exhibit 16: Global smart grid data management market by geography 2020
Exhibit 17: Global smart grid data management market by geography 2015-2020
Exhibit 18: Smart grid data management market in Americas 2015-2020 ($ billions)
Exhibit 19: Smart grid data management market in EMEA 2015-2020 ($ billions)
Exhibit 20: Smart grid scenario in Europe
Exhibit 21: Smart metering plan by countries in Europe
Exhibit 22: Smart grid data management market in APAC 2015-2020 ($ billions)
Exhibit 23: Total number of smart meters in US by sector 2015
Exhibit 24: Single smart meter readings
Exhibit 25: Smart grid devices and their update intervals
Exhibit 26: Share of fossil fuels in the global energy mix 2014 and 2035
Exhibit 27: Traditional power grid
Exhibit 28: Transformed grid
Exhibit 29: Impact of drivers
Exhibit 30: Impact of drivers and challenges
Exhibit 31: Cumulative T&D infrastructure investments 2014-2035 ($ trillions)
Exhibit 32: Other prominent vendors
Exhibit 33: Technology portfolio
Exhibit 34: Smart grid data management product portfolio
Exhibit 35: Smart grid data management solutions
Exhibit 36: Siemens: Business segmentation by revenue 2015
Exhibit 37: Smart grid data management product portfolio
The author of the report recognizes the following companies as the key players in the Global Smart Grid Data Management Market: EMC Corp., Oracle Corp., SAP SE, SAS Institute Inc., and Siemens AG.
Other Prominent Vendors in the market are: Capgemini, GE energy, IBM, Itron, Schneider, and Teradata.
Commenting on the report, an analyst from the research team said: “Power demand has increased constantly worldwide. Further growth in population and global economy is expected to drive this trend in the future as well. The population rise, an increase in energy demand, and the imposition of stringent emissions norms would require a substantial amount of energy production to sustain the economy growth. The deployment of smart grid enables new power resources such as distributed generation, integration of renewable power and electric vehicles to be integrated into the grid, to meet the power demand.”
According to the report, the power and utility sector is undergoing a major change from a rigid structure to a system that is more focused on flexibility. It is driven by climate change policies, urbanization, and technological breakthroughs. This paradigm shift in the power sector is achieved by the deployment of AMI and SCADA systems, which are making the grid smarter and allowing utilities to have greater control over the functioning of the grid.
Further, the report states that high cost of upgrading smart grids is expected to have a significant impact on the growth of the smart grid data management market during the forecast period.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.