PUNE, Aug. 09, 2023 (GLOBE NEWSWIRE) -- "Utility and Energy Analytics Market" research report focus on overall information that can help to take decisions on current market situation.
Utility and Energy Analytics Market Report Contains 2023: -
- Complete overview of the global Utility and Energy Analytics Market
- Top Country data and analysis for United States, Canada, Mexico, Germany, France, United Kingdom, Russia, Italy, China, Japan, Korea, India, Southeast Asia, Australia, Brazil and Saudi Arabia, etc. It also throws light on the progress of key regional Utility and Energy Analytics Markets such as North America, Europe, Asia-Pacific, South America and Middle East and Africa
- Description and analysis of Utility and Energy Analytics market potential by type, Deep Dive, disruption, application capacity, end use industry
- impact evaluation of most important drivers and restraints, and dynamics of the global Utility and Energy Analytics Market and current trends in the enterprise
- The major players include - ORACLE CORPORATION, CAPGEMINI SE, ABB CORPORATION, IBM CORPORATION, CA TECHNOLOGIES, SAS INSTITUTE INC., SIEMENS AG, SCHNEIDER ELECTRIC SE, SAP SE, BUILDINGIQ, and TERADATA CORPORATION, amongst other.
Get a Sample Copy of the Report at – https://proficientmarketinsights.com/enquiry/request-sample/13103152
Utility and Energy Analytics Market Segmentation: -
The global utility and energy analytics market was valued at USD 2.07 billion in 2017 and is expected to reach a market value of USD 3.95 billion by 2023, registering a CAGR of 11.04% during the forecast period (2018 – 2023). With the increase in the usage of microgrid control system, and other smart grid systems which enables companies to monitor, control, and analyze grid functioning from a central control center, there is a vast untapped potential of advanced analytics tools and techniques, such as the big data platform and cloud computing.
The scope of the report is limited to solutions offered by major players including providers of software, professional services in meter operation, load forecasting, demand response, demand response, and distribution planning. The study also emphasizes on different types of deployment, such as cloud, on-premise, and hybrid.
Rising Demand for Energy is the Major Market Driver
Global energy needs are expected to grow, with fossil fuels remaining the major source of energy in the forecast period. Developed countries continue to consume large amounts of energy while the demand is increasing in the developing countries. Over 70% of the increased energy demand is from developing countries, led by China and India. Europe and North America use 70 % of the world energy, although this is only 20% of the world’s population. Oil powered 92% of the vehicles in 2014, but that is expected to fall to between 78% and 60% as electric vehicles are expected to become more popular by 2030. It has been estimated that companies around the world spend around USD 7 billion on big data and analytics. Oil, coal, and gas are collectively expected to account for the majority of global primary energy consumption.
North America Expected to Hold the Largest Market Share
The demand in North America is mainly driven by a higher focus on innovations through R&D and technology advancement in developed economies, like Canada and the United States, and this growth is also supported by its large consumption of energy. According to the US Energy Information Administration, the total energy consumption is expected to increase by 5% between 2016 and 2040. With such less growth, it is important for companies to efficiently deliver energy and reduce downtime in order to maintain profitability. This drives the market for data analytics in utilities and energy.
Inquire or Share Your Questions If Any Before the Purchasing This Report – https://proficientmarketinsights.com/enquiry/pre-order-enquiry/13103152
researcher’s latest report provides a deep insight into the global Utility and Energy Analytics Market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.
Utility and Energy Analytics Market segments help decision-makers direct the product, sales, and marketing strategies, and can power your product development cycles by informing how you make product offerings for different segments.
Market segment by Region/Country including: -
- North America (United States, Canada, and Mexico)
- Europe (Germany, UK, France, Italy, Russia and Spain, etc.)
- Asia-Pacific (China, Japan, Korea, India, Australia, Southeast Asia, etc.)
- South America (Brazil, Argentina, Colombia, etc.)
- Middle East & Africa (South Africa, UAE, Saudi Arabia, etc.)
Key Players in the Utility and Energy Analytics Market: -
- ORACLE CORPORATION
- CAPGEMINI SE
- ABB CORPORATION
- IBM CORPORATION
- CA TECHNOLOGIES
- SAS INSTITUTE INC.
- SIEMENS AG
- SCHNEIDER ELECTRIC SE
- SAP SE
- BUILDINGIQ
- and TERADATA CORPORATION
Get a Sample Copy of the Report at – https://proficientmarketinsights.com/enquiry/request-sample/13103152
Key Benefits of Utility and Energy Analytics Market Research Report:
- Types, applications, regions, and key players covered in the study
- Industry drivers, restraints, and opportunities covered in the study
- Recent industry trends and developments
- Competitive landscape & strategies of key players
- Historical, current, and projected market size, in terms of value
- In-depth analysis of the Artificial Intelligence AI Chips Market
- Sales, price, revenue, market share, and growth rate are covered in the report sales channels, distributors, traders, dealers, etc. are covered in the report
Detailed TOC of Global Utility And Energy Analytics Market - Segmented by Deployment, Type (Software, Services), Applications (Meter Operation, Load Forecasting, Demand Response, Distribution Planning), and Region - Growth, Trends, and Forecast (2022 - 2030)
1. Introduction
1.1 Key Deliverables of the Study
1.2 Study Assumptions
1.3 Market Definition
1.4 Key Findings of the Study
2. Research Approach and Methodology
3. Executive Summary
4. Market Dynamics
4.1 Market Overview
4.2 Factors Driving the Market
4.2.1 Rising demand for Energy
4.2.2 Increasing Emphasis on a Greener Environment
4.2.3 Growing Consumer focus on Energy Consumption pattern analysis
4.3 Factors Challenging the Market
4.3.1 Compatibility Issues & Lack of a Common Standards
4.3.2 Technological Limitations
4.4 Industry Value Chain Analysis
4.5 Industry Attractiveness – Porter's Five Forces Analysis
4.5.1 Bargaining Power of Suppliers
4.5.2 Bargaining Power of Consumers
4.5.3 Threat of New Entrants
4.5.4 Threat of Substitute Products or Services
4.5.5 Competitive Rivalry among Existing Competitors
5. Global Utility and Energy Analytics Market Segmentation
5.1 Deployment
5.1.1 Cloud
5.1.2 On-premise
5.1.3 Hybird
5.2 Type
5.2.1 Software
5.2.2 Services
5.3 Application
5.3.1 Meter Operation
5.3.2 Load Forecasting
5.3.3 Demand Response
5.3.4 Distribution Plannin
5.3.5 Others
5.4 By Geography
5.4.1 North America
5.4.2 Europe
5.4.3 Asia-Pacific
5.4.4 Latin America
5.4.5 Middle East & Africa
6. Vendor Market Share
7. Competitive Intelligence – Company Profiles
7.1 Oracle Corporation
7.2 Capgemini SE
7.3 ABB Corporation
7.4 IBM Corporation
7.5 CA Technologies
7.6 SAS Institute Inc
7.7 Siemens AG
7.8 Schneider Electric SE
7.9 SAP SE
7.10 BuildingIQ
7.11 Teradata Corporation
*List not exhaustive
8. Investment Analysis
9. Future Outlook of Global Utility and Energy Analytics market
Get a Sample Copy of the Report at - https://proficientmarketinsights.com/enquiry/request-sample/13103152
1.To study and analyze the global Utility and Energy Analyticsconsumption (value) by key regions/countries, product type and application
2.To understand the structure of Utility and Energy Analytics Market by identifying its various sub segments.
3.Focuses on the key global Utility and Energy Analyticsmanufacturers, to define, describe and analyze the value, market share, market competition landscape, Porter's five forces analysis, SWOT analysis and development plans in next few years.
4.To analyze the Utility and Energy Analytics with respect to individual growth trends, future prospects, and their contribution to the total market.
5.To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
6.To project the consumption of Utility and Energy Analytics submarkets, with respect to key regions (along with their respective key countries).
7.To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
8.To strategically profile the key players and comprehensively analyze their growth strategies.
Key Reasons to Purchase
To gain insightful analyses of the market and have comprehensive understanding of the global Utility and Energy Analytics Market and its commercial landscape.
Assess the production processes, major issues, and solutions to mitigate the development risk.
To understand the most affecting driving and restraining forces in the Utility and Energy Analytics Market and its impact in the global market.
Learn about the Utility and Energy Analytics Market strategies that are being adopted by leading respective organizations.
To understand the future outlook and prospects for the Utility and Energy Analytics Market.
Besides the standard structure reports, we also provide custom research according to specific requirements
Client Focus
1. Does this report consider the impact of COVID-19 and the Russia-Ukraine war on the Utility and Energy Analytics market?
Yes. As the COVID-19 and the Russia-Ukraine war are profoundly affecting the global supply chain relationship and raw material price system, we have definitely taken them into consideration throughout the research, and we elaborate at full length on the impact of the pandemic and the war on the Utility and Energy Analytics,Industry.
2. How do you determine the list of the key players included in the report?
With the aim of clearly revealing the competitive situation of the industry, we concretely analyze not only the leading enterprises that have a voice on a global scale, but also the regional small and medium-sized companies that play key roles and have plenty of potential growth.
Please find the key player list in Summary.
3. What are your main data sources?
Both Primary and Secondary data sources are being used while compiling the report.
Primary sources include extensive interviews of key opinion leaders and industry experts (such as experienced front-line staff, directors, CEOs, and marketing executives), downstream distributors, as well as end-users.
Secondary sources include the research of the annual and financial reports of the top companies, public files, new journals, etc. We also cooperate with some third-party databases.
4. Can I modify the scope of the report and customize it to suit my requirements?
Yes. Customized requirements of multi-dimensional, deep-level and high-quality can help our customers precisely grasp market opportunities, effortlessly confront market challenges, properly formulate market strategies and act promptly, thus to win them sufficient time and space for market competition.
Purchase this Report (Price 4250 USD for a Single-User License) – https://proficientmarketinsights.com/purchase/13103152
About Proficient market insights:
Proficient market insights is an upscale platform to help key personnel in the business world in strategizing and taking visionary decisions based on facts and figures derived from in-depth market research. We are one of the top report resellers in the market, dedicated to bringing you an ingenious concoction of data parameters.
