Press release
Energy and Utility Analytics Market 2022 Trend Analysis, Growth Status, Revenue Expectation to 2028
Energy and Utility Analytics Market report helps in making informed business decisions by having complete insights of market and by making a comprehensive analysis of market segments. This recent research compilation on the Energy and Utility Analytics Market is a versatile and future-ready analytical survey that replicates trend assessment, an in-depth assessment of market valuation and revenue-generating trends with information on profit models, Swot examination, competition spectrum, and associated vendor strategies illustrated by major players and market participants contributing by aggressively investing in the global Energy and Utility Analytics market to secure a competitive advantage amid staggering competition, potential threats from new entrants, as well as technological innovations leading to market substitutes.The Energy and Utility Analytics Market is expected to register a CAGR of 25% over the forecast period 2022 - 2028.
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Top Companies:
IBM Corporation, Eaton Corporation, Oracle Corporation, SAP SE, Ericsson, Cisco Systems, Inc., Schneider Electric Company, Capgemini, Intel Corporation, TIBCO Software Inc.
Recent Development:
February 2020 - mCloud Technology Corporation has signed an Expression of Interest to acquire BuildingIQ to integrate new AI and IoT solutions into AssetCare, which would combine it's energy savings technologies to target new large commercial spaces such as hospitals and bring new energy management tactics such as automated measurement and verification.
September 2019 - Agentis and Oracle Utilities Opower have collaborated to help utility companies to engage and drive energy savings for every customer by combining Agentis' software in the utility business segment with Oracle's leading customer engagement and energy efficiency solutions. The utility company will be able to actively connect with each type of customer with personalized insights that drive action and verified energy savings.
By the product type, the market is primarily split into:
Deployment and Integration
Consulting and Enablement
Managed services
Consulting services
By the end-users/application, this report covers the following segments:
Load Research & Forecasting
Meter Operation & Optimization
Transmission & Distribution Management
Predictive Maintenance
Workforce Management
Emergency Response Management
Others
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North America to Lead and Pioneer Market for Utility and Energy Analytics Solutions
North America is one of the leading adopters of analytics solutions and is considered to be one of the largest markets for utility and energy analytics. The demand in the region is mainly driven by a higher focus on innovations through R&D and technology advancement in developed economies, such as the United States and Canada. The region's large consumption of energy is also supporting the growth of the market. Moreover, the region has a strong foothold of vendors in the market. Some of them include IBM Corporation, Oracle Corporation, BuildingIQ, and SAS Institute Inc among others.
Geographical Analysis
The report provides geographical as well as country-level analysis of the Energy and Utility Analytics market demonstrating the dominance of companies in different regions and countries. Also, in this section, the report presents the market revenue of specific products in specific regions to get informed about the dominating region in the market. Some of the regions and countries mentioned in the report are, the US, Canada, Mexico, Brazil, in North America; China, India, Korea, Japan, Singapore in the Asia Pacific; Germany, UK, Italy, France in Europe, GCC countries, Qatar in the Middle East and Africa, Latin America, South America, etc.
Research Methodology
All the data presented in the report from valuation to revenue, drivers, growth areas of the Energy and Utility Analytics market, etc., is aided by thorough research from press releases, announcements by companies, news updates, reports from company websites, government verified websites, research publications, articles by researchers, etc. All this data is scanned thoroughly by analysts in the company and the summary and collaterals are presented in the report precisely. This research helps in offering well authenticated, verified, data with exact facts and figures. The report is then forwarded to in-house analysts, top-level experts, veterans, industry persons, third parties for feedback, verification, and editing, thus, providing the reader with well written, praised the report.
Key takeaways from the report
The report provides drivers, restraints, challenges, and growth points of the Energy and Utility Analytics market and how the market can be grown from 2022-to 2028.
The report helps in figuring out the impact of covid-19 on the Energy and Utility Analytics market and what measures can be taken for its development.
The Energy and Utility Analytics market players are assisted from the report for investing in the right product or application from the market.
The report also mentions applications, product offerings, types, key marketing trends of the Energy and Utility Analytics
The research includes historic data from 2016 to 2021 and forecasts until 2028 which makes the reports an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.
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