TMCnet News
Worldwide Smart Grid Analytics Market 2014-2019 by Solution: (AMI Analytics, Demand Response Analytics, Asset Management, Grid Optimization, Energy Data Forecasting/Load Forecasting and Visualization Tools)DUBLIN, Feb .11, 2015 /PRNewswire/ --Research and Markets (http://www.researchandmarkets.com/research/zxtlj4/smart_grid) has announced the addition of the "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" report to their offering. Smart grid analytics market is expected to grow from $12 billion in 2014 to $5.5 billion by 2019, at a Compound Annual Growth Rate (CAGR) of 25.0% from 2014 to 2019. Smart grid analytics market is growing at a rapid rate and is stirred by various growth drivers such as the deployment of smart metering infrastructure giving rise to gigantic volume of data generation, limited nature of non-renewable energy sources, and the rising demand for consumer engagement. The smart grid analytics market can also thrive in the near future leveraging numerous opportunities in this market space such as the rising demand for system integrators, rise of the Software-as-a-Service/ cloud-based solutions and need of high end analytics solutions for optimization of grid operations. This market is however influenced by a few restraining factors such as lack of skilled workforce and upkeep of prevailing data regulations and standards. Globally, smart grid analytics adoption rate is increasing in the APAC, LA and MEA region due to the increasing awareness of the benefits of big data analytics amongst the businesses running in the utility industry, particularly the smart grid. This increasing awareness level is significantly pushing the smart grid enterprises to deploy comprehensive big data analytics solutions for their grid assets, their operations and functions as well as for enhanced consumer engagement. Also, the smart grid analytics solutions are deployed in two major models: on-premise deployment model and on-demand or cloud-based deployment model. Key Topics Covered: 1 Introduction 2 Research Methodology 3 Executive Summary 4 Premium Insights 5 Market Overview 6 Industry Trends 7 Smart Grid Analytics Market, By Solution 8 Smart Grid Analytics Market, By ServiceĀ 9 Smart Grid Analytics Market, By Deployment Model
For more information visit http://www.researchandmarkets.com/research/zxtlj4/smart_grid Media Contact: Laura Wood , +353-1-481-1716, [email protected] To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/worldwide-smart-grid-analytics-market-2014-2019-by-solution-ami-analytics-demand-response-analytics-asset-management-grid-optimization-energy-data-forecastingload-forecasting-and-visualization-tools-300034400.html SOURCE Research and Markets |