Press release
Energy and Utility Analytics Market Challenges, Size, Share and Forecast | Key Industry Players are Eaton Corporation (Ireland), General Electric Company (US), Capgemini SE (France), IBM Corporation (US), ABB Ltd (Switzerland) and SAP SE (Germany)
Energy and Utility Analytics Market
Market Highlights
Advancements in analytics are projected to favor the growth of the energy and utility analytics market in the years to come. However, security breach concerns are observed to impede market growth in the foreseeable future.
The worldwide energy and utility analytics market is set to experience a skyrocketing CAGR of 16.6% during the forecast period 2019–2024, claims Market Research Future in its well-elaborated study. The ever-advancing and smart revolution have always been on a lookout for bringing more opportunities in the world of analytics. Currently, it has a disruptive impact on the semiconductor industry, where the complexity of data is increasing at a higher pace. Therefore, the current trend of technology has taken the market by storm and now is eyeing to gain high-end market valuation during the forecast period.
Increasing utilization of smart grid systems, in conjunction with the implementation of laws favoring microgrid use, is expected to unleash growth opportunities for the market players. Increasing investments in utility companies are also anticipated to dominate the growth rate of the energy and utility analytics market over the next couple of years.
Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/8110
Key Players
Capgemini SE (France), Energysavvy Inc. (US), Schneider Electric (France), IBM Corporation (US), General Electric Company (US), SAP SE (Germany), Infosys Limited (India), Tibco Software Inc. (US), Oracle Corporation (US), Eaton Corporation (Ireland), Ericsson (Sweden), ABB Ltd (Switzerland), SAS Institute Inc. (US), Wegowise Inc. (US), Wipro Limited (India), are some of the top listed key players contributing in the growth of global energy and utility analytics market.
Segmentation:
On the basis of component, the global energy and utility analytics market have been segmented into solution and services. The solutions segment is sub-segmented into asset smart grid analytics, management analytics, financial analytics, customer analytics, logistics and supply chain analytics, risk analytics, and others. The sub-segments of the services segment are support and maintenance, deployment and integration, and consulting.
By deployment, the energy and utility analytics market have been segmented into on-premise, on-cloud, and hybrid.
The segments of the global energy and utility analytics market, on the basis of application, studied in this MRFR assessment are energy/load forecasting, predictive maintenance, revenue assurance, meter optimization, emergency response management, energy distribution and transmission management, and others.
On the basis of industry, the energy and utility analytics market have been divided into energy and utility. The energy segment has been sub-segmented into oil, renewable energy, natural gas, nuclear power, and coal. Lastly, the utility segment has been sub-segmented into electricity, water, and others.
Regional Outlook
Regionally, the global market for energy and utility analytics is also studied among the key regions of North America, Asia-Pacific, Europe, South America and the Middle East and Africa.
Among these, the North America region is being studied through and portrayed that it is expected to lead the global energy and utility analytics market during the growth period. The major analytics solutions provider such as Oracle Corporation, IBM Corporation, General Electric Company, SAS Institute Inc., and Tibco Software Inc. are leaders in North America. These players are profoundly investing in R&D to offer enriched capabilities to their solutions, which surges operational efficiency. Due to these reasons, the market is proliferating in this region at a steady pace.
Europe is yet another profiting region in the global energy and utility analytics market in terms of market share. Due to well-established infrastructure, high technical expertise and rising adoption of the cloud platform are the main factors driving the growth of energy and utility analytics market in the region.
The market in Asia-Pacific is also likely to proliferate at a significant pace during the forecast period as countries like China, Japan, India, South Korea, Australia are the leading business centers of analytics. With this, the surging adoption of IoT technology and cloud platform across the region is also motivating the growth of energy and utility analytics market. Even the government initiatives such as smart cities are helping in increasing the demand for analytical solutions to forecast, maintain load management, and enhancing operational efficiency. These factors are also further propelling market growth.
Browse Complete Report @ https://www.marketresearchfuture.com/reports/energy-utility-analytics-market-8110
Global Energy and Utility Analytics Market Research Report: by Component (Solution and Service), by Deployment (On-Cloud, On-Premise and Hybrid), by Application (Predictive Maintenance, Energy/Load Forecasting, Revenue Assurance, Energy Distribution and Transmission Management, Meter Optimization, Emergency Response Management and others), by Industry Vertical (Energy and Utilities) and by Region (North America, Europe, Asia-Pacific, Middle East and Africa and South America) - Forecast till 2024
Office No. 528, Amanora Chambers
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Energy and Utility Analytics Market Challenges, Size, Share and Forecast | Key Industry Players are Eaton Corporation (Ireland), General Electric Company (US), Capgemini SE (France), IBM Corporation (US), ABB Ltd (Switzerland) and SAP SE (Germany) here
News-ID: 2214674 • Views: …
More Releases from Market Research Future
Glue Machine Market to Reach USD 14.9 Billion by 2035, Growing at 4.56% CAGR
The Glue Machine Market is witnessing significant growth due to the increasing adoption of adhesive technologies across various industries, including packaging, woodworking, automotive, furniture, and construction. Valued at USD 9.15 billion in 2024, the market is projected to reach USD 14.9 billion by 2035, registering a CAGR of 4.56% between 2025 and 2035.
Glue machines, also known as adhesive application machines, are critical for efficiently dispensing adhesives in industrial and commercial…
Expansion Valves Market to Reach USD 5.39 Billion by 2035, Growing at 4.62% CAGR
The expansion valves market is witnessing steady growth due to increasing demand for efficient heating, ventilation, air conditioning, and refrigeration (HVACR) systems across residential, commercial, and industrial sectors. Valued at USD 3.28 billion in 2024, the market is projected to reach USD 5.39 billion by 2035, growing at a CAGR of 4.62% between 2025 and 2035.
Expansion valves, also known as thermostatic expansion valves (TXVs) or electronic expansion valves (EEVs), are…
Cheese Packaging Market to Reach USD 101.31 Billion by 2034, Growing at 3.50% CA …
The Cheese Packaging Market is poised for steady growth over the next decade due to rising demand for dairy products, evolving consumer preferences, and increasing focus on food safety and sustainability. According to recent estimates, the market was valued at USD 71.87 billion in 2024 and is projected to reach USD 101.31 billion by 2034, growing at a compound annual growth rate (CAGR) of 3.50% between 2025 and 2034.
Cheese packaging…
Maritime Market to Reach USD 2,920 Billion by 2035, Growing at 2.69% CAGR
The Maritime Market is a cornerstone of international trade, logistics, and economic connectivity, serving as the backbone of global commerce. Valued at USD 2,181.1 billion in 2024, the market is projected to expand to USD 2,920 billion by 2035, registering a steady CAGR of 2.69% between 2025 and 2035. Despite modest growth, the industry's scale and importance are unmatched, as more than 80% of global trade volume is carried by…
More Releases for Energy
Green Renewable Energy Market Next Big Thing: Enphase Energy, Bloom Energy, Clea …
Advance Market Analytics published a new research publication on "Green Renewable Energy Market Insights, to 2030" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Green Renewable Energy market was mainly driven by the increasing R&D spending across the world.
Get inside Scoop of the…
Business Energy Solution Market Size in 2023 To 2029 | SSE Energy Solutions, BES …
The large-scale Business Energy Solution market report provides valuable insights for clients looking to forecast investments in emerging markets, expand market share, or launch new products. The report presents multifaceted Business Energy Solution market insights that are simplified using established tools and techniques, making it a credible marketing report. Data is presented in a clear and easy-to-understand manner, with graphs and charts to aid comprehension. The report employs integrated approaches…
Decentralized Energy Storage Market Is Booming Worldwide | Fuelcell Energy, Enph …
A new business intelligence report released by AMA with title "Decentralized Energy Storage Market" has abilities to raise as the most significant market worldwide as it has remained playing a remarkable role in establishing progressive impacts on the universal economy. The Global Decentralized Energy Storage Market Report offers energetic visions to conclude and study market size, market hopes, and competitive surroundings. The research is derived through primary and secondary statistics…
Waste-To-Energy Technologies Market Top Growing Companies: Xcel Energy, Novo Ene …
Qurate Business Intelligence’s up-to-date research study on Waste-To-Energy Technologies was performed by highly qualified research professionals and industry experts. This is to provide an in-depth analysis on the Waste-To-Energy Technologies. The report is comprehensive and includes over 120 pages. The global energy market is witnessing a shift toward waste to energy technologies due to growing energy demands worldwide, the rapid depletion of conventional sources of energy, and concerns over…
Waste To Energy Market ||Novo Energy Ltd., Hitachi Zosen, Foster Wheeler A.G., S …
Zion Market Research published a new 110+ pages industry research "Global Waste to Energy Market Set For Rapid Growth, To Reach Value Around USD 42.74 Billion By 2024" is exhaustively researched and analyzed in the report to help market players to improve their business tactics and ensure long-term success. The authors of the report have used easy-to-understand language and uncomplicated statistical images but provided thorough information and detailed data on…
In-Pipe Hydro Systems Market | key player - Lucid Energy, Rentricity, Tecnoturbi …
Looking at the current market trends as well as the promising demand status of the “In-Pipe Hydro Systems Market” it can be projected that the future years will bring out positive outcomes. This research report added by MRRSE on its online portal delivers clear insight about the changing tendencies across the global market. Readers can gather prime facets connected to the target market which includes product, end-use and application; assisting…
