Energy and Utility Analytics Market Outlook to 2025 with Global Players like Wipro, EnergySavvy, Oracle Corporation, Capgemini SE, Infosys, SAP SE, International Business Machines, BuildingiQ, SAS Institute, Wegowise

The energy demands in Asian provinces is burgeoning owing its rapidly growing population and widespread industrial development. For the coming years the region is projected to face remarkable hike in its energy demands, which might also exceed the overall global average. Further, in order to meet such unprecedentedly increasing energy demand the government have developed plans that would encourage persuasion of cleaner energy options and adoption of supportive technologies. For instance, as per the ASEAN plans for APAEC (Action for Energy Cooperation), development of energy infrastructure is highly critical to them as it is among the key factors directly impacting the energy market integration and energy connectivity in the region. These initiative will have noteworthy impact on the energy & utility analytics market.

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The key trend which will predominantly affect the energy and utility analytics market in the coming year is data sharing among the energy and utility network. The emergence of data sharing is expected to generate adoption opportunities for analytical solutions such as, robust demand response networks, supply chain optimization and other programs that would make a significant contribution to the growth in areas such as smart cities. Although the data sharing is at present limited to only certain developed economies of the world, the trend is expected to spur in the near future.

Some of the key players of Energy and Utility Analytics Market include Wipro Limited, EnergySavvy Inc., Oracle Corporation, Capgemini SE, Infosys Limited, SAP SE, International Business Machines Corporation, BuildingiQ, Inc., SAS Institute Inc., and Wegowise, Inc. among others.

Key Benefits-
- To provide detailed information regarding the major factors (drivers, restraints, opportunities, challenges, and trends) influencing the growth of the global Energy and Utility Analytics Market
- To forecast the size of the market segments with respect to four major regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World (Latin America and the Middle East & Africa)

Although the energy and utilities operating in North America and Europe were the early adopters of analytics, in the coming years the China is expected to be the major investor into advanced analytics solutions. The growth in china is majorly attributed to its massive industrial development and large scale urbanizing population, which is deemed to generate substantial energy demand. The emerging smart cities and infrastructural development across the developing countries such as India and China have been creating the excessive opportunities in the digital analytics market. Implementation of green industrialization and use of renewable energy has been promoted by developed countries. In this era of modernization, use of smart devices and IoT technology has been raising for the real-time accessibility, effectiveness, control and easy managing.

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The report segments the global Energy & Utility Analytics market as follows:

• Global Energy & Utility Analytics Market – Type
o Solutions
o Services

• Global Energy & Utility Analytics Market – Service
o Professional Services
o Managed Services

• Global Energy & Utility Analytics Market – Deployment Model
o On-Premise
o Cloud
o Hybrid

• Global Energy & Utility Analytics Market – Application
o Load Forecasting
o Customer Analytics
o Grid analytics
o Asset Management
o Smart Meter Analytics
o Others

• Global Energy & Utility Analytics Market – By Vertical
o Oil & Gas
o Renewable Energy
o Nuclear Power
o Electricity
o Water

Highlights of the report:
• A complete backdrop analysis, which includes an assessment of the parent market
• Important changes in market dynamics
• Market segmentation up to the second or third level
• Historical, current, and projected size of the market from the standpoint of both value and volume
• Reporting and evaluation of recent industry developments
• Market shares and strategies of key players
• Emerging niche segments and regional markets
• An objective assessment of the trajectory of the market
• Recommendations to companies for strengthening their foothold in the market

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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.

Contact Us:
Company: The Insight Partners
Contact: Sameer Joshi
Phone: +1-646-491-9876
Email: sam@theinsightpartners.com

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