Market Outlook
Research shows that the Asia-Pacific utility and energy analytics market will be fast progressing at a CAGR of 18.07% in terms of revenue over the forecast period of 2019-2027.
Japan, China, India, South Korea, Australia & New Zealand, ASEAN countries and countries in rest of APAC together form the market for utility and energy analytics in the Asia-Pacific region.
Utility providers in Japan have started to deploy smart electricity meters; over 20 million advanced meters & intelligent devices have been incorporated at Tokyo Electric Power Company (TEPCO). The Government of Japan has also shifted its focus on demand-side management and increased emphasis on energy security & resiliency, with the help of smart grid and energy efficiency technologies. TEPCO’s IoT network is estimated to connect around 30 million utility and consumer devices. Deploying smart grid meters has helped the people in Japan to consume energy more efficiently.
The Korea Electric Power Corporation (KEPCO), which is South Korea’s state-run utility provider has disclosed a plan to turn the country’s smart grid technologies into a global export. KEPCO envisions incorporating smart grid technologies across South Korea for the generation, distribution and consumption of power by 2030. Leveraging on its past success with broadband internet, mobile communications and consumer electronics, South Korea is dedicated in its efforts towards becoming a global leader in smart grid development.
Competitive Outlook
The key companies profiled in the utility and energy analytics market report include Siemens AG, IBM Corporation, General Electric Company, SAP SE, Infosys Limited, Wipro Limited and BuildingIQ, Inc.
Research shows that the Asia-Pacific utility and energy analytics market will be fast progressing at a CAGR of 18.07% in terms of revenue over the forecast period of 2019-2027.
Japan, China, India, South Korea, Australia & New Zealand, ASEAN countries and countries in rest of APAC together form the market for utility and energy analytics in the Asia-Pacific region.
Utility providers in Japan have started to deploy smart electricity meters; over 20 million advanced meters & intelligent devices have been incorporated at Tokyo Electric Power Company (TEPCO). The Government of Japan has also shifted its focus on demand-side management and increased emphasis on energy security & resiliency, with the help of smart grid and energy efficiency technologies. TEPCO’s IoT network is estimated to connect around 30 million utility and consumer devices. Deploying smart grid meters has helped the people in Japan to consume energy more efficiently.
The Korea Electric Power Corporation (KEPCO), which is South Korea’s state-run utility provider has disclosed a plan to turn the country’s smart grid technologies into a global export. KEPCO envisions incorporating smart grid technologies across South Korea for the generation, distribution and consumption of power by 2030. Leveraging on its past success with broadband internet, mobile communications and consumer electronics, South Korea is dedicated in its efforts towards becoming a global leader in smart grid development.
Competitive Outlook
The key companies profiled in the utility and energy analytics market report include Siemens AG, IBM Corporation, General Electric Company, SAP SE, Infosys Limited, Wipro Limited and BuildingIQ, Inc.
Table of Contents
1. Asia-Pacific Utility And Energy Analytics Market - Summary
2. Industry Outlook
3. Asia-Pacific Utility And Energy Analytics Market Outlook - By Deployment
4. Asia-Pacific Utility And Energy Analytics Market Outlook - By Type
5. Asia-Pacific Utility And Energy Analytics Market Outlook - By Application
6. Asia-Pacific 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