The global market for energy and utilities analytics is projected to have considerable CAGR of 16.5% during the forecast period. The major factors that propels the energy and utilities analytics market include growing deployment of smart meters across the globe coupled with growing analytics solution in energy and utilities sectors. Governments across the globe including North American, European as well as Asia-Pacific countries are taking every possible step to install smart meters in every utilities industry such as gas water and electric. For instance, the US government is taking immense steps to install every household and industry with smart meters according to the US Energy Information Administration. Moreover, increasing deployment of advanced metering infrastructure for the two way communication between service provider and consumers for better customers experience further propels the market growth during the forecast period. Moreover, deployment of AI and IoT in energy management further provide substantial opportunity to the market.
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The global energy and utilities analytics market is segmented based on deployment type and industry. Based on the deployment type, the market is further classified into cloud-based and on-premises. The cloud based segment is projected to grow at a significant CAGR during the forecast period. The energy and utilities sector are adopting cloud based analytics software due to cost effectiveness and scalability benefits. On the basis of industry the market is further segregated into energy and utilities.
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Market Segmentation
Global Energy and Utilities Analytics Market by Deployment Type
• Cloud Based
• On-Premises
Global Energy and Utilities Analytics Market by Industry
• Energy
• Utilities
Regional Analysis
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• Rest of Asia-Pacific
Rest of the World
Company Profiles
• Amazon Web Services, Inc.
• Atos SE
• Alteryx, Inc.
• Cisco Systems, Inc.
• Eaton Corp.
• General Electric Co.
• Google LLC
• IBM Corp.
• Intel Corp.
• Microsoft Corp.
• MicroStrategy Inc.
• Oracle Corp.
• Open Text Corp.
• SAP SE
• SAS Institute Inc.
• Salesforce.com, inc.
• Schneider Electric SE
• Siemens AG
• Teradata Operations, Inc.
• TIBCO Software Inc.
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