Press release
Smart Grid Analytics Market to Witness Huge Growth by 2025 | Accenture, Siemens, Oracle
Smart Grid Analytics
Major Players in This Report Include,
Accenture Plc. (Ireland), SAS Institute, Inc. (United States), Siemens AG (Germany), Oracle Corporation (United States), SAP SE (Germany), EMC Corporation (United States), Opower, Inc. (United States), Hewlett-Packard Development Company, L.P. (United States), Capgemini SA. (France) and Itron (United States) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are AutoGrid Systems, Inc. (United States), Verizon (United States), Hitachi Consulting Corporation (United States), Dell EMC (United States) and Amdocs Corporation (United States).
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Rapidly escalating demand for electricity will help to boost global smart grid analytics market in the forecasted period. Smart grid analytics are solutions used to observe the data generated from the smart grid networks. It is also known as Big Data analytics solutions utilized for utilities and energy. The main purpose behind the consumption of smart grid analytics solutions for utilities and energy sector is to allow the utility providers to enrich their efficiency and decrease the losses that occur while the generation and distribution of electricity.
Market Drivers
• Growing Demand for Power Supplemented by Higher Transmission and Distribution Losses
• Developing Investment in the Smart Grid Systems
Market Trend
• Rapidly Growing Penetration of IOT and Big Data in Smart Grid Analytics
• Rising Usage of Smart Meters Worldwide
Restraints
• High Initial Cost Associated with Smart Grid Systems
• Lack of Enthusiasm in Utility Providers to Modify the Existing Infrastructure
Opportunities
• Huge Demand due to Integration of Smart City Concept
• Upsurging Demand for Smart Grid Analytics in Emerging Countries
Challenges
• Lack of Awareness and Interoperability
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In this research study, the prime factors that are impelling the growth of the Global Smart Grid Analytics market report have been studied thoroughly in a bid to estimate the overall value and the size of this market by the end of the forecast period. The impact of the driving forces, limitations, challenges, and opportunities has been examined extensively. The key trends that manage the interest of the customers have also been interpreted accurately for the benefit of the readers.
The Smart Grid Analytics market study is being classified by Type, Applications and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
The Global Smart Grid Analytics is segmented by Deployment Mode (On-Premises, Cloud), End User Verticals (Small & Medium Enterprises, Large Enterprises, Public Sector), Service (Professional Services, Support & Maintenance Services), Component (Service, Solutions), Solution (Demand Response Analytics, AMI Analytics, Analytics for Grid Optimization, Asset Analytics, Load Forecasting, Energy Data Forecasting, Visualization Tools, Others)
The report concludes with in-depth details on the business operations and financial structure of leading vendors in the Global Smart Grid Analytics market report, Overview of Key trends in the past and present are in reports that are reported to be beneficial for companies looking for venture businesses in this market. Information about the various marketing channels and well-known distributors in this market was also provided here. This study serves as a rich guide for established players and new players in this market.
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Current Scenario Analysis for Decision Framework
Key Strategic Developments in Smart Grid Analytics Market:
The research includes the key strategic activities such as Research & Development (R&D) initiatives, Merger & Acquisition (M&A) completed, agreements, new launches, collaborations, partnerships & (JV) Joint ventures, and regional growth of the key competitors operating in the market at global and regional scale to overcome current slowdown due to COVID-19.
Key Market Features in Global Smart Grid Analytics Market
The report highlights Smart Grid Analytics market features, including revenue size, weighted average regional price, capacity utilization rate, production rate, gross margins, consumption, import & export, demand & supply, cost bench-marking in Smart Grid Analytics, market share and annualized growth rate (Y-o-Y) and Periodic CAGR.
Extracts from Table of Contents
Global Smart Grid Analytics Market Research Report
Chapter 1 Global Smart Grid Analytics Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Revenue (Value, Volume*) by Region
Chapter 5 Global Supplies (Production), Consumption, Export, Import by Regions
Chapter 6 Global Revenue (Value, Volume*), Price* Trend by Type
Chapter 7 Global Market Analysis by Application
………………….continued
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This report also analyzes the regulatory framework of the Global Markets Smart Grid Analytics Market Report to inform stakeholders about the various norms, regulations, this can have an impact. It also collects in-depth information from the detailed primary and secondary research techniques analyzed using the most efficient analysis tools. Based on the statistics gained from this systematic study, market research provides estimates for market participants and readers.
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Advance Market Analytics is Global leaders of Market Research Industry provides the quantified B2B research to Fortune 500 companies on high growth emerging opportunities which will impact more than 80% of worldwide companies' revenues.
Our Analyst is tracking high growth study with detailed statistical and in-depth analysis of market trends & dynamics that provide a complete overview of the industry. We follow an extensive research methodology coupled with critical insights related industry factors and market forces to generate the best value for our clients. We Provides reliable primary and secondary data sources, our analysts and consultants derive informative and usable data suited for our clients business needs. The research study enable clients to meet varied market objectives a from global footprint expansion to supply chain optimization and from competitor profiling to M&As.
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