Global Smart Grid IT Systems Market to grow at a CAGR of 12.91% during 2016-2020

About the Smart Grid IT Systems Market

IT systems used in smart grids are mostly software applications that are used for planning, process management, resource allocation, and decision making. IT systems in this sector include:
Distributed energy resource management system (DERMS)
Demand response management system (DRMS)
Geographic information system (GIS) (includes asset management and workforce management)
Customer information system (CIS)

Technavios analysts forecast the global smart grid IT systems market to grow at a CAGR of 12.91% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global smart grid IT systems market for 2016-2020. The market size has been calculated from the revenue generated by the demand for smart grid IT systems from different end-users in each region and its corresponding key countries.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Technavio's report, Global Smart Grid IT Systems Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors
Accenture
GE-Alstom
IBM
SAP
SAS

Other prominent vendors
Alcatel-Lucent
AT&T
EnerNOC
Ericsson
FirstCarbon Solutions
HCL Technologies
Infosys
Itron
Lockheed Martin
Tendril Networks
Trilliant Energy Services
Wipro

Market driver
Financial benefits associated with smart grid IT systems
For a full, detailed list, view our report

Market challenge
Risk of cyber attacks
For a full, detailed list, view our report

Market trend
Increased demand in power
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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