Market Outlook
This report on the utility and energy analytics market in the Middle East and Africa states that the market is expected to grow with a CAGR of 16.36% in the forecast period 2019-2027.
Turkey, the UAE, South Africa, Saudi Arabia and countries in rest of MEA together constitute the Middle East and Africa’s utility and energy analytics market.
Consumption of electricity in Saudi Arabia has been increasing steadily since the last few decades. The Saudi Arabian electricity market is showing an accelerated growth rate, which can be attributed to higher consumption rates in the commercial, industrial and private sectors. The KSA’s production and export levels have been affected due to current domestic energy-consuming behaviors that present unavoidable fatal repercussions. Smart grids are a dynamic solution, which can resolve the gap between the current supply and growing demand for energy in Saudi Arabia.
A steep rise has been witnessed in demand for energy in South Africa, owing to the steady economic growth in the country, along with an increased focus on industrialization and a mass electrification program for increasing electricity access in remote rural areas. Residents in South Africa now prefer using smart electricity meters as they assist in monitoring the consumption of electricity at a time when energy tariffs show continued growth.
Competitive Outlook
Few of the prime players in the utility and energy analytics market are Capgemini SE, ABB Corporation, Siemens AG, General Electric Company, Infosys Limited, BuildingIQ, Inc., Teradata Corporation and Eaton Corporation.
This report on the utility and energy analytics market in the Middle East and Africa states that the market is expected to grow with a CAGR of 16.36% in the forecast period 2019-2027.
Turkey, the UAE, South Africa, Saudi Arabia and countries in rest of MEA together constitute the Middle East and Africa’s utility and energy analytics market.
Consumption of electricity in Saudi Arabia has been increasing steadily since the last few decades. The Saudi Arabian electricity market is showing an accelerated growth rate, which can be attributed to higher consumption rates in the commercial, industrial and private sectors. The KSA’s production and export levels have been affected due to current domestic energy-consuming behaviors that present unavoidable fatal repercussions. Smart grids are a dynamic solution, which can resolve the gap between the current supply and growing demand for energy in Saudi Arabia.
A steep rise has been witnessed in demand for energy in South Africa, owing to the steady economic growth in the country, along with an increased focus on industrialization and a mass electrification program for increasing electricity access in remote rural areas. Residents in South Africa now prefer using smart electricity meters as they assist in monitoring the consumption of electricity at a time when energy tariffs show continued growth.
Competitive Outlook
Few of the prime players in the utility and energy analytics market are Capgemini SE, ABB Corporation, Siemens AG, General Electric Company, Infosys Limited, BuildingIQ, Inc., Teradata Corporation and Eaton Corporation.
Table of Contents
1. Middle East And Africa Utility And Energy Analytics Market - Summary
2. Industry Outlook
3. Middle East And Africa Utility And Energy Analytics Market Outlook - By Deployment
4. Middle East And Africa Utility And Energy Analytics Market Outlook - By Type
5. Middle East And Africa Utility And Energy Analytics Market Outlook - By Application
6. Middle East And Africa Utility And Energy Analytics Market - Regional Outlook
7. Competitive Landscape
8. Research Methodology & Scope
List of Tables
List of Figures
Companies Mentioned
A selection of companies mentioned in this report includes:
- Capgemini SE
- Oracle Corporation
- ABB Corporation
- SAS Institute, Inc.
- Siemens AG
- IBM Corporation
- General Electric Company
- SAP SE
- Infosys Limited
- Wipro Limited
- Buildingiq, Inc.
- Schneider Electric SE
- Teradata Corporation
- Cisco Systems, Inc.
- Eaton Corporation
Methodology
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