Press release
Smart Grid Analytics Market Increasing Demand, Growth Analysis and Future Outlook by 2031
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According to the International Energy Agency (IEA), in July 2023, innovative digital infrastructure is gaining prominence in electricity grids, both in distribution and transmission, with around 7.0% growth in investment in 2022 compared to 2021. Investment in smart grids needs to be more than double by 2030 to get on track with the Net Zero Emissions by 2050 (NZE) Scenario, especially in emerging markets and developing economies (EMDEs).
Recent Developments
• In February 2024, Siemens AG introduced Gridscale X, paving the way towards the vision of autonomous grid management, accelerating digital transformation for grid operators at speed and scale. Gridscale X makes it possible to scale grid capacity fast, handle the complexity of DERs, and increase grid flexibility with software that is easy to deploy and fast to integrate into existing IT and OT landscapes.
• In April 2024, ABB Ltd. announced a minority investment in GridBeyond, a technology player providing energy management solutions based on artificial intelligence and data science that enable customers to optimize distributed energy resources and industrial loads. The investment was made through ABB Ventures.
• In March 2022, Analog Devices and Gridspertise join forces to advance smart grid resiliency and electrification globally. The collaboration enables the development of new hardware and software that support distribution grid self-healing and adaptation in response to the significant changes in energy supply and demand as renewable energy sources are brought online.
Global Smart Grid Analytics Market Report Segment
By Offering
• Software
• Services
By Application
• Advanced Metering Infrastructure (AMI) Analytics
• Load Forecasting and Demand Response
• Grid Optimization, Monitoring, and Management
• Distributed Energy Resources Management Systems (DERMS)
• Predictive Maintenance
• Energy Theft Detection and Cybersecurity
• Voltage, Frequency, and Stability Management
• Customer Engagement and Analytics
• Outage Management and Fault Detection
• Other (Visual Analytics)
A full report of Smart Grid Analytics Market available @ https://www.omrglobal.com/industry-reports/smart-grid-analytics-market
Smart Grid Analytics Market Report Segment by Region
North America
• United States
• Canada
Europe
• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe
Asia-Pacific
• China
• Japan
• India
• Rest of Asia-Pacific
Rest of the World
• Middle East & Africa
• Latin America
Company Profiles
• Amdocs Corp.
• AutoGrid Systems, Inc
• Eaton Corp plc
• Energiot Devices SL
• eSmart Systems AS
• Fujitsu Ltd.
• GE Vernova
• Honeywell International Inc.
• Itron Inc.
• Landis+Gyr Group AG
• Megger Group
• Oracle Corp.
Reasons to Buying From us -
1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.
Visit more report at
https://www.linkedin.com/pulse/scaffold-technology-market-size-trends-latest-arti-vishwakarma-mlsof/
https://www.linkedin.com/pulse/aesthetic-threads-market-increasing-demand-growth-2031-vishwakarma-pyg5f
Media Contact:
Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
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