Smart Grid Analytics Market worth $5.5 Billion by 2019

The report Smart Grid Analytics Market by Solution (AMI Analytics, Demand Response Analytics, Asset Management, Grid Optimization, Energy Data Forecasting/Load Forecasting and Visualization Tools) – Worldwide Forecast and Analysis 2014 – 2019 ”defines and divides the smart grid analytics market into various segments with an in-depth analysis and forecasting of revenues. This research report also identifies the factors driving this market, various restraints, challenges, and opportunities impacting it along with the future roadmaps. Additionally, the report emphasizes on key adoption trends, evolution of smart grid analytics, attractive market opportunities, and business cases in this innovative market.

[127 Pages Report] Smart grid analytics market is expected to grow from $1.8 billion in 2014 to $5.5 billion by 2019, at a Compound Annual Growth Rate (CAGR) of 25.0% from 2014 to 2019.

The report also consists of MarketsandMarkets views of the key players and analysts insights on latest developments that are taking place in the market space. The forecast period for the market research report is 2014 – 2019 with 2013 considered as the base year. The research report covers complete market categorized into following sub-markets:

On the basis of solution type:

  • AMI analytics
  • Demand response analytics
  • Asset analytics
  • Analytics for grid optimization
  • Energy data forecasting/ load forecasting
  • Visualization tools

On the basis of service type:

  • Professional services
  • Support and maintenance services

On the basis of type of deployment model:

  • On-premise
  • On-demand (cloud-based)

On the basis of geographical region:

  • North America (NA)
  • Europe
  • Asia-Pacific (APAC)
  • Middle East and Africa (MEA)
  • Latin America (LA)

In the smart grid analytics market space, the solution vendors such as Siemens AG, IBM Corporation, Opower, SAPAG, and Oracle Corporation as well as the service providers such as Accenture, Capgemini SA and Wipro offer high end data analytics solutions and professional services. The solutions include AMI analytics, demand response analytics/ advanced analytics for Demand Response Management System (DRMS), asset analytics, analytics for grid optimization, energy data forecasting/ load forecasting, and visualization tools. Also, the services include professional services such as consulting services, and system integration services as well as the support and maintenance services.

Ask for PDF Brochure: Smart Grid Analytics Market

MarketsandMarkets expects an increasing adoption trend of AMI analytics and analytics for grid optimization as numerous chief vendors are aggressively investing and rigorously working towards building state-of-the-art big data analytics solutions for the smart metering infrastructure, smart grid transmission and distribution assets and their operations.

The Smart grid analytics market is broadly segmented by type of its solution: AMI analytics, demand response analytics/ advanced analytics for Demand Response Management System (DRMS), asset analytics, analytics for grid optimization, energy data forecasting/ load forecasting, and visualization tools; by type of service: professional service, and support and maintenance service; by type of deployment model: on-premise, and on-demand (cloud-based); and by region: North America (NA), Asia-Pacific (APAC), Europe, Latin America (LA), and Middle East and Africa (MEA).

There are a few assumptions that have been taken into consideration for market sizing and forecasting exercise for the smart grid analytics market. These global assumptions include political, economic, social, technological and economic factors. For instance, exchange rates, one of the economic factors, are expected to have a moderate rating of impact on this market. Thus, the dollar fluctuations are assumed to not affect the market forecast to a significant extent. Also, market size for the hardware equipment and tools is not taken into consideration while the overall sizing of the smart grid analytics market.

MarketsandMarkets expects the smart grid analytics market to grow from $1.8 billion in 2014 to $5.5 billion by 2019, at a Compound Annual Growth Rate (CAGR) of 25.0% from 2014 to 2019.

The smart grid analytics market research report will help the market leaders/new entrants in this market in the following ways:

  • This report segments the market into type of solutions and services, covering this market comprehensively. The report provides the closest approximations of the revenue numbers for the overall market and the sub-segments. The market numbers are further split across different regions.
  • This report will help them better understand the competitor and gain more insights to better position their business. There is a separate section on competitive landscape, including competitor ecosystem, mergers and acquisition and venture capital funding. Besides, there are company profiles of 10 top players in this market.

 

Browse 63 market data tables and 41 figures spread through 127 pages and in-depth TOC on “Smart Grid Analytics Market by Solution (AMI Analytics, Demand Response Analytics, Asset Management, Grid Optimization, Energy Data Forecasting/Load Forecasting and Visualization Tools) – Worldwide Forecast and Analysis 2014 – 2019”
https://www.marketsandmarkets.com/Market-Reports/smart-grid-analytics-market-6416489.html
Early buyers will receive 10% customization on reports.

 

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their pain points around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, and strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

 

Contact:

MarketsandMarkets™ INC.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA : 1-888-600-6441

Email: sales@marketsandmarkets.com

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.