The latest and updated research report on the Global Energy and Utilities Analytics Market covers a comprehensive overview of the Energy and Utilities Analytics market, future economic condition, competitive landscape mapping, supply and demand trends, and production and consumption analysis. The report also covers the influence of the COVID-19 pandemic on the Energy and Utilities Analytics market. The pandemic has dynamically affected all aspects of life on a global scale along with drastic changes in the economy and market conditions.
Additionally, the report also gives an insight into product portfolios, costs, sales, production capacities, and market players. Raw materials, demand analysis, product flow, and distribution channels have been studied and surveyed extensively in this research report. The key growth trends and opportunities are offered through a thorough investigation and examination of the market. A detailed course of development is offered in the report along with insights into businesses connected with it, which include firms, industries, organizations, vendors, and local manufacturers.
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The report covers key points of the market, including the standards, regulations, and policy changes applied by the government on the industry for the coming years. The report encompasses thorough research carried out by the application of advanced analytical tools such as SWOT analysis and Porter’s Five Forces analysis to pinpoint the growth trends and patterns. Factors likely to influence the growth of the market, current trends, opportunities, restraining factors, and business landscape are discussed in-depth in the market study.
Key Players Profiled in the Report are:
Microsoft Corporation, Eaton Corporation plc, IBM, SAP SE, General Electric Company, AWS, Oracle, Schneider Electric SE, Siemens AG, and Cisco Systems, Inc
The report offers a comprehensive overview of the competitive landscape and covers company profiles, production and manufacturing capacity, product portfolio, expansion strategies, and business initiatives such as mergers and acquisitions, joint ventures, collaborations, partnerships, and product launches and brand promotions among others.
Some Key Highlights in the Report
- In November 2019, ExxonMobil entered into a partnership with Microsoft to enhance operational efficiencies and improve its analyses at the Permian Basin acreage, which makes it the largest-ever oil and gas acreage to use cloud technology. XTO Energy, a subsidiary of ExxonMobil, is applying Microsoft technologies, including Microsoft Azure, Dynamics 365, the Internet of Things (IoT), and machine learning.
- Software segment accounted for largest revenue share in the global market in 2020. Energy and utility companies are increasingly utilizing analytics software to get actionable insights, which would help them in maximizing their production, improving efficiency and consumer experience, and in adapting to shifting market dynamics.
- Cloud segment revenue is expected to register a rapid CAGR during the forecast period. Utility companies are increasingly adopting cloud-based, data-driven analytics systems in order to manage the massive amount of data generated by smart grid, smart meters, IoT sensors, and home energy devices of customers.
- Meter operation segment accounted for a significantly large revenue share in the global energy and utilities analytics market in 2020. Utility companies are increasingly using energy and utilities analytics solutions for meter operations, in order to deliver safer and more affordable, sustainable, and reliable services.Key players operating in the global market include Microsoft Corporation, Eaton Corporation plc, IBM, SAP SE, General Electric Company, AWS, Oracle, Schneider Electric SE, Siemens AG, and Cisco Systems, Inc.
- North America accounted for largest revenue share in the global energy and utilities analytics market in 2020. Presence of major vendors, such as Microsoft Corporation, IBM, General Electric Company, AWS, Oracle, Intel, Google, SAS Institute, Teradata, Salesforce, and Cisco Systems, Inc., is expected to drive growth of energy and utilities analytics services and solutions in the region, due to advanced analytics solutions and services provided by these key players.
Energy and Utilities Analytics Market Segmentation:
Type Outlook (Revenue, USD Billion; 2018–2028)
- Software
- Services
Deployment Outlook (Revenue, USD Billion; 2018–2028)
- Cloud
- On-premises
The Global Energy and Utilities Analytics Market report contains historical, current, and forecast estimation of the revenue generation and profits for each segment and sub-segment of the Energy and Utilities Analytics market in each key region of the world. The report additionally sheds light on the emerging growth opportunities in the business sphere that are anticipated to bolster the growth of the market.
Regional Segmentation:
The report offers a comprehensive breakdown of the regional analysis of the market and subsequent country-wise analysis. The regional analysis of the market comprises of production volume information, consumption volume and patterns, revenue, and growth rate for the forecast period of. According to the regional analysis, the market is primarily spread over key geographical regions as follows:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
What is New Additions in 2023?
- Market Presence Across Multiple Geographies
- Greater emphasis on data privacy and security
- Online Interactive Peer-to-Peer Collaborative Bespoke Updates Edition
- Detailed industry outlook
- Additional information on company players
- Customized report and analyst support on request
- Recent market developments and it’s futuristic growth opportunities
- Customized regional/country reports as per request
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