Quick Summary:
As we navigate an increasingly digitized world, the Energy and Utility Analytics market is experiencing a profound transformation, projected to more than triple by 2030, hitting a staggering US$8.8 Billion. The attraction? A critical combination of robust growth, increased energy efficiency, and enhanced operational intelligence. With such encouraging predictions, this market research report is a definitive guide for thought leaders and decision-makers seeking to stay ahead of the curve.
Delve deep into comprehensive predictions, including a significant 15.5% growth in China, the world’s second largest economy, and impressive trajectories in the U.S., Japan, Canada and Europe. Moreover, you'll gain invaluable insights into the competitive landscape, featuring key global players such as Oracle Corporation, IBM and Siemens AG. Position your business for exponential growth and secure your competitive edge within this booming sector with our in-depth report. The future of energy and utilities is digital - ensure you're a part of it.
Global Energy and Utility Analytics Market to Reach $8.8 Billion by 2030
The global market for Energy and Utility Analytics estimated at US$2.6 Billion in the year 2022, is projected to reach a revised size of US$8.8 Billion by 2030, growing at a CAGR of 16.3% over the analysis period 2022-2030. On-Premise, one of the segments analyzed in the report, is projected to record 12.2% CAGR and reach US$3.8 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Cloud segment is readjusted to a revised 20.8% CAGR for the next 8-year period.
The U.S. Market is Estimated at $777 Million, While China is Forecast to Grow at 15.5% CAGR
The Energy and Utility Analytics market in the U.S. is estimated at US$777 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.5 Billion by the year 2030 trailing a CAGR of 15.5% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 14.5% and 14% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 11.9% CAGR.Select Competitors (Total 22 Featured) -
- ABB Group
- BuildingIQ, Inc.
- CA Technologies, Inc.
- Capgemini SE
- IBM Corporation
- Oracle Corporation
- SAP SE
- SAS Institute, Inc.
- Schneider Electric SA
- Siemens AG
- Teradata Corporation
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and the publisher's Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Energy and Utility Analytics?
What is the growth rate of the Global Market for Energy and Utility Analytics?
What is the forecasted size of the Global Market for Energy and Utility Analytics?
Who are the key companies in the Global Market for Energy and Utility Analytics?
| Report Attribute | Details |
|---|---|
| No. of Pages | 284 |
| Published | December 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 2.6 Billion |
| Forecasted Market Value ( USD | $ 8.8 Billion |
| Compound Annual Growth Rate | 16.5% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- ABB Group
- BuildingIQ, Inc.
- CA Technologies, Inc.
- Capgemini SE
- IBM Corporation
- Oracle Corporation
- SAP SE
- SAS Institute, Inc.
- Schneider Electric SA
- Siemens AG
- Teradata Corporation
