(EnergyIndustry.Net, May 22, 2018 ) Smart grid is a new technology that helps the system to run effectively and smart grid data analytics provide the optimized solution to the complete system. Increasing demand for the cost-effective power supply from the consumer end and minimization of production of electricity cost by using the smart grid data analytics owing to its properties drives the growth of the market.
The Global Smart Grid Data Analytics Market is Estimated to Grow at a CAGR of +14% During Forecast Period
Smart grid data analytics consists of solutions that enable the analysis of the deluge of data produced during smart grid operations. These solutions are increasingly gaining significance among utility providers and energy companies to effectively manage grid operations, plan investment in distribution networks, and monitor consumer behavior. The demand for sustainable and cost-effective supply of power by consumers and producers in the utility industry has catalyzed the smart grid data analytics market.
Top Players Profiled in this Report includes, SAS, Itron, AutoGrid, Sensus, Silver Spring Networks, IBM, Infosys, Microsoft, SAP, Verizon, Accenture, EMC Corporation
Smart Grid Data Analytics market research is an intelligence report with meticulous efforts undertaken to study the right and valuable information. The data which has been looked upon is done considering both, the existing top players and the upcoming competitors. Business strategies of the key players and the new entering market industries are studied in detail. Well explained SWOT analysis, revenue share and contact information are shared in this report analysis.
The market for smart grid data analytics solutions is largely driven by the smart grid systems penetration worldwide. Thus, increasing investment in the smart grid sector is expected to substantially fuel the demand for smart grid data analytics solutions in the coming years. Currently, the U.S. and China are among the leading countries, in terms of investment in the smart grids sector. Thus, these countries are currently the prime markets for smart grid data analytics solutions.
Various factors supporting the growth trend of the market have been studied in the report for a long time. The report also lists constraints that threaten global Smart Grid Data Analytics market. It also measures vendor and buyer barriers, threats to new entrants and product alternatives, and competition in the marketplace. The impact of the latest government guidelines is also analyzed in the report. Study market trajectories between forecast periods.
This report is presented in a clear and concise way to help you better understand market structure and dynamics. Recent trends and developments in global Smart Grid Data Analytics market have been analyzed. Opportunities leading to market growth have been analyzed and described. The report focuses on the global market and provides answers to the most important questions that stakeholders are facing today. Market size information (by the end of the forecast year) raises the issue of expanding competitiveness and hindering market-driven sectors and market growth.
The report provides insights on the following pointers: • Market Penetration: Comprehensive information on the product portfolios of the top players in the Smart Grid Data Analytics market. • Product Development/Innovation: Detailed insights on the upcoming technologies, R&D activities, and product launches in the market • Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market • Market Development: Comprehensive information about emerging markets. This report analyzes the market for various products across geographies • Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Smart Grid Data Analytics market
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Table of Contents Global Smart Grid Data Analytics Market Research Report Chapter 1 Smart Grid Data Analytics Market Overview Chapter 2 Global Economic Impact on Industry Chapter 3 Global Market Competition by Manufacturers Chapter 4 Global Production, Revenue (Value) by Region Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions Chapter 6 Global Production, Revenue (Value), Price Trend by Type Chapter 7 Global Market Analysis by Application Chapter 8 Manufacturing Cost Analysis Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers Chapter 10 Marketing Strategy Analysis, Distributors/Traders Chapter 11 Market Effect Factors Analysis Chapter 12 Global Market Forecast