Press release
Energy and Utility Analytics Market 2020 Recent Industry Trends and Projected Industry Growth to 2025 with IBM, Oracle, BuildingIQ, Capgemini, Energysavvy, Infosys, SAP SE, SAS institute, Wegowise, Wipro
Energy and Utility Analytics Market report aims to provide a 360-degree view of the market in terms of cutting-edge technology, key developments, drivers, restraints and future trends with impact analysis of these trends on the market for short-term, mid-term and long-term during the forecast period.The most prominent region in the energy & utility analytics market accounted for North America, owing to the fact that the region is the hub of all technological advancements and developments, and the convergence of these megatrends in the region is further anticipated to drive the energy and utility analytics market to a strategic inflection point. A strategic inflection point is a fundamental transformation, which is expected to influence the evolution in how businesses function today. These megatrends in North America are economic, technological, environmental, and resource based in nature. For the energy and utility analytics market, the technological development and primacy of markets have already impacted the American society, further resulting to plummeted price for natural gas as well as renewable energy generation that has brought significant transformation to energy production in all the principal countries of North America.
The global energy & utility analytics market accounted to US$ 2.26 Bn in 2017 and is expected to grow at a CAGR of 12.5% during the forecast period 2018 - 2025, to account to US$ 5.71 Bn by 2025.
Various countries in Asia Pacific region are anticipated to foresee raging economic growth, and owing to this growth the region's energy demands are also predicted to increase. Currently China is the major energy and utility consumer of APAC region followed by India and rest of APAC. Apart from the energy consumption the region has also exhibited vast oil demands. Also as APAC region is known to be the largest market for coals, the deployment of advanced technologies for management of the distribution and demand forecast. The trend is thus expected to drive the growth of energy and utility analytics market in APAC region.
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The reports cover key developments in the Energy and Utility Analytics market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from Energy and Utility Analytics market are anticipated to lucrative growth opportunities in the future with the rising demand for Energy and Utility Analytics market in the global market.
Key Players Influencing the Market
o International Business Machines Corporation
o Oracle Corporation
o BuildingIQ, Inc.
o Capgemini SE
o Energysavvy Inc.
o Infosys Limited
o SAP SE
o SAS institute Inc.
o Wegowise, Inc.
o Wipro Limited
The "Global Energy and Utility Analytics Market Analysis to 2025" is a specialized and in-depth study of the Energy and Utility Analytics industry with a focus on the global market trend. The report aims to provide an overview of global Energy and Utility Analytics market with detailed market segmentation by solution, deployment type, application, vertical and geography. The global Energy and Utility Analytics market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Energy and Utility Analytics market based on various segments. It also provides market size and forecast estimates from year 2017 to 2025 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Energy and Utility Analytics market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting Energy and Utility Analytics market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the Energy and Utility Analytics market in these regions.
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Answers that the report acknowledges:
o Market size and growth rate during forecast period.
o Key factors driving the Energy and Utility Analytics Market.
o Key market trends cracking up the growth of the Energy and Utility Analytics Market.
o Challenges to market growth.
o Key vendors of Energy and Utility Analytics Market.
o Detailed SWOT analysis.
o Opportunities and threats faces by the existing vendors in Global Energy and Utility Analytics Market.
o Trending factors influencing the market in the geographical regions.
o Strategic initiatives focusing the leading vendors.
o PEST analysis of the market in the five major regions.
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