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Sep 05, 2020 (AmericaNewsHour) — The Global Energy and Utility Analytics Market was valued at USD 1.92 billion in 2016 and is projected to reach USD 6.18 billion by 2025, growing at a CAGR of 13.86% from 2017 to 2025.
Energy utility analytics enables near real-time analysis of processes, thereby helping in optimization of operations through efficient identification and isolation of inefficiencies and failures. The energy utility analytics have several benefits including – vendor performance & risk management, demand forecasting, spend analytics, inventory optimization, logistics & routing analytics, and predictive analytics.
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Sample Infographics:
Market Dynamics:
1. Market Drivers
1.1 Increasing adoption of cloud technology in energy and utility sector
1.2 Increasing demand for energy
1.3 Rising demand from consumer about their energy consumption pattern
1.4 Emergence of smart grid and its usage in energy and utility sector
2. Market Restraints
2.1 Lack of technical expertise
2.2 Poor data management
Market Segmentation:
The Global Energy and Utility Analytics Market is segmented on the application, component, deployment model, vertical, and region.
1. Application:
1.1 Emergency Response Management
1.2 Load Research & Forecasting
1.3 Predictive Maintenance
1.4 Transmission & Distribution Management
1.5 Meter Operation & Optimization
1.6 Workforce Management
2. By Component:
2.1 Software
2.1.1 Operations
2.1.1.1 Logistics & Supply Chain Analytics
2.1.1.2 Financial & Revenue Analytics
2.1.1.3 Customer Analytics
2.1.2 Infrastructure
2.1.2.1 Smart Grid Analytics
2.1.2.2 Risk Analytics
2.1.2.3 Asset Optimization Analytics
2.2 Services
2.2.1 Consulting services
2.2.2 Support and Maintenance
2.2.3 Deployment and Integration
2.2.4 Managed services
3. By Deployment Mode:
3.1 Cloud-based
3.2 On-premises
4. By Vertical:
4.1 Utilities
4.1.1 Waste and Recycle
4.1.2 Water
4.1.3 Electricity
4.2 Energy, Oil, and Gas
4.2.1 Renewable Energy
4.2.2 Nuclear Power
4.2.3 Natural Gas
4.2.4 Oil
4.2.5 Coal
5. By Region:
5.1 North America (U.S., Canada, Mexico)
5.2 Europe (Germany, UK, France, Rest of Europe)
5.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
5.4 Latin America (Brazil, Argentina, Rest of Latin America)
5.5 Middle East & Africa
Competitive Landscape:
The major players in the market are as follows:
1. Schneider Electric Company
2. Eaton Corporation
3. Tibco Software Inc.
4. IBM Corporation
5. SAP SE
6. Intel Corporation
7. Capgemini
8. Oracle Corporation
9. Cisco Systems Inc.
10. Ericsson
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
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RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the Global Energy and Utility Analytics Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
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Kenneth Research provides market research reports to different individuals, industries, associations and organizations with an aim of helping them to take prominent decisions. Our research library comprises of more than 10,000 research reports provided by more than 15 market research publishers across different industries. Our collection of market research solutions covers both macro level as well as micro level categories with relevant and suitable market research titles. As a global market research reselling firm, Kenneth Research provides significant analysis on various markets with pure business intelligence and consulting services on different industries across the globe. In addition to that, our internal research team always keep a track on the international and domestic market for any economic changes impacting the products’ demand, growth and opportunities for new and existing players.
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The post Energy And Utility Analytics Market: Research By Production, Revenue, Growth Rate, Sales Value, Industry Trends, Impact Factors, SWOT Analysis 2025 appeared first on America News Hour.
COMTEX_370764479/2606/2020-09-05T13:29:50
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