FEATURED COMPANIES
- Accenture
- Capgemini S.A.
- EMC Corporation
- Hewlett-Packard Company
- IBM Corporation
- Opower
Global Smart Grid Analytics is defined as the digital technology that allows for omni- channel communication between utility and utility consumers. This system includes new technologies, automation, computers, controls and others. Smart grid analytics work with electrical grid to provide information to consumers regarding tools. Smart grid analytics are used to enhance efficiency and minimize energy losses during generation and distribution of electricity.
Increase in investment in smart grid analytics is the key driving factor which is expected drives the global smart grid analytics market growth. Furthermore, increase in technological advancements in energy and utility sector will have the positive impact on market growth. Moreover, growing adoption of Internet of Things (IoT) and big data analytics will fuel the global smart grid analytics market growth. Also, energy distributors are focusing on providing smart metering solutions which is expected to propel the market growth during this forecast period.
However, lack of skilled professionals is the restraining factor which is expected to hamper the global smart grid analytics market growth. Also, high cost of smart grid analytics will affect the market growth.
Global Smart Grid Analytics Market is segmented into deployment such as On-Premise, and Cloud Based, by component such as Solution, and Services. Further, market is segmented into component such as Service, and Solution. Further, market is segmented into end use such as Private Sector, and Public Sector.
Also, Global Smart Grid Analytics Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Various key players are discussed in this report such as Siemens AG, SAS Institute, Inc., SAP AG, Oracle Corporation, Opower, IBM Corporation, Hewlett-Packard Company, EMC Corporation, Capgemini S.A., and Accenture
Market Drivers
Increase in investment in smart grid analytics is the key driving factor which is expected drives the global smart grid analytics market growth. Furthermore, increase in technological advancements in energy and utility sector will have the positive impact on market growth. Moreover, growing adoption of Internet of Things (IoT) and big data analytics will fuel the global smart grid analytics market growth. Also, energy distributors are focusing on providing smart metering solutions which is expected to propel the market growth during this forecast period.
Market Restraints
However, lack of skilled professionals is the restraining factor which is expected to hamper the global smart grid analytics market growth. Also, high cost of smart grid analytics will affect the market growth.
Market Segmentation
Global Smart Grid Analytics Market is segmented into deployment such as On-Premise, and Cloud Based, by component such as Solution, and Services. Further, market is segmented into component such as Service, and Solution. Further, market is segmented into end use such as Private Sector, and Public Sector.
Also, Global Smart Grid Analytics Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Market Key Players
Various key players are discussed in this report such as Siemens AG, SAS Institute, Inc., SAP AG, Oracle Corporation, Opower, IBM Corporation, Hewlett-Packard Company, EMC Corporation, Capgemini S.A., and Accenture
Market Taxonomy
By Deployment
- On-premise
- Cloud Based
By Component
- Solution
- Services
By End Use
- Private Sector
- Public Sector
By Region
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
Frequently Asked Questions about the Global Smart Grid Analytics Market
What is the estimated value of the Global Smart Grid Analytics Market?
What is the growth rate of the Global Smart Grid Analytics Market?
What is the forecasted size of the Global Smart Grid Analytics Market?
Who are the key companies in the Global Smart Grid Analytics Market?
FEATURED COMPANIES
- Accenture
- Capgemini S.A.
- EMC Corporation
- Hewlett-Packard Company
- IBM Corporation
- Opower
1 Introduction
2 Research Methodology
4 Global Smart Grid Analytics Market Outlook
5 Global Smart Grid Analytics Market, By Deployment
6 Global Smart Grid Analytics Market, By Component
7 Global Smart Grid Analytics Market, By End Use
8 Global Smart Grid Analytics Market, By Region
9 North America Smart Grid Analytics Market Analysis and Forecast (2017 - 2027)
10 Europe Smart Grid Analytics Market Analysis and Forecast (2017 - 2027)
11 Asia Pacific Smart Grid Analytics Market Analysis and Forecast (2017 - 2027)
12 Latin America Smart Grid Analytics Market Analysis and Forecast (2017 - 2027)
13 Middle East Smart Grid Analytics Market Analysis and Forecast (2017 - 2027)
14 Competitive Analysis
15 Company Profiles
A selection of companies mentioned in this report includes:
- Siemens AG
- SAS Institute Inc.
- SAP AG
- Oracle Corporation
- Opower
- IBM Corporation
- Hewlett-Packard Company
- EMC Corporation
- Capgemini S.A.
- Accenture