VITA Technologies
  • VME
  • XMC
  • FMC
  • PMC
  • VNX
  • VPX
Menu
  • VME
  • XMC
  • FMC
  • PMC
  • VNX
  • VPX
  • Articles
  • White Papers
  • Products
  • News
Menu
  • Articles
  • White Papers
  • Products
  • News
  Industry News  Global Smart Grid Data Analytics Market to Grow to US$4.6 bn by 2022, Propelled by Advancements in IoT and Big Data Analytics
Industry News

Global Smart Grid Data Analytics Market to Grow to US$4.6 bn by 2022, Propelled by Advancements in IoT and Big Data Analytics

Transparency Market ResearchTransparency Market Research—June 24, 20160
FacebookTwitterPinterestLinkedInTumblrRedditVKWhatsAppEmail

Transparency Market Research has recently published a new market research report available for sale on the company website. The research report, titled “Smart Grid Data Analytics (AMI Analytics, Demand Response, Grid Optimization, Asset Management and Others) Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 – 2022,” provides detailed analysis of the global smart grid data analytics market. According to the research study, in 2014, the global market for smart grid data analytics was worth US$1.6 bn and is anticipated to reach a value of US$4.6 bn by the end of 2022. The market is projected to register a healthy 13.40% CAGR between 2015 and 2022.

Avail a Sample Research Study on Smart Grid data Analytics Market

www.transparencymarketresearch.com/sample/sampl[…]

On the basis of solution type, the global market for smart grid data analytics has been segmented into demand response analytics, asset management, AMI analytics, grid optimization, and others (such as data visualization tools and energy forecasting). In 2014, the asset management segment led the overall market, holding a share of 31% in the global market for smart grid data analytics. Nevertheless, the rising adoption of smart meters is expected to boost the demand for AMI analytics. Furthermore, this segment is anticipated to log a 14.30% CAGR between 2015 and 2022. By service, the global market for smart grid data analytics is categorized into support and maintenance services and professional services. In 2014, support and maintenance services held a massive share of 70% in the overall market.

Browse Market Research Report:

www.transparencymarketresearch.com/smart-grid-d[…]

On the basis of deployment model, the global market for smart grid data analytics has been segmented into cloud-based, on-premise, and hybrid. Among these segments, in 2014, the cloud-based deployment segment held a 48% share in the global market. This segment is estimated to register a 16.20% CAGR between 2015 and 2022 owing to the rising penetration of cloud-based services around the world. By end use, the global market for smart grid data analytics has been segmented into large enterprises, medium and small enterprises, and public sector enterprises. Presently, in terms of revenue, the public sector holds the dominating position and is projected to register a 12.60% CAGR between 2015 and 2022.

On the basis of geography, the global market for smart grid data analytics market has been divided into Latin America, North America, Asia Pacific, the Middle East and Africa, and Europe. In 2014, North America led the global market, holding a share of 33% in the global market for smart grid data analytics. The high share of this region is due to the rising investments in and increasing adoption of smart grid data analytics. The North America smart grid data analytics market is projected to register a healthy 11.40% CAGR between 2015 and 2022. On the other hand, the Asia Pacific market is expected to grow rapidly and register a progressive 14.80% CAGR between 2015 and 2022. Countries such as Australia, Japan, South Korea, and China and other regions in South Asia are expected to exhibit a high growth rate, enabling the Asia Pacific market to surpass the North America market in the coming years owing to the high investments.

Browse Research Article :

www.transparencymarketresearch.com/article/smar[…]

Some of the prominent players operating in the global market for smart grid data analytics are Siemens AG, Accenture Plc., IBM Corporation, Opower, Inc., Hewlett-Packard, Cap Gemini SA, EMC Corporation, Oracle Corporation, SAS Institute, Inc., and SAP SE.

Key segments of the Smart Grid Data Analytics market:

Smart Grid Data Analytics Market, by Solution Type

AMI Analytics

More stories

Mark Aslett Elected to Aerospace Industries Association Executive Committee

December 4, 2018

Mercury Systems Introduces First Low-Profile High-Density Secure Memory Device for Defense and Commercial Avionics Markets

August 28, 2017

Imsys Technologies launches customized and RoHS-compliant embedded Java technology

September 20, 2006

Microsoft Brings Rich User Experiences to Smart, Connected, Service-Oriented Enterprise Devices with Windows Embedded Standard

June 4, 2008

Demand Response Analytics

Grid Optimization

Others (Energy Forecasting and Data Visualization Tools)

Smart Grid Data Analytics Market, by Service

Professional Services

Support & Maintenance Services

Smart Grid Data Analytics Market, by Deployment Model

On-premise

Cloud-based

Smart Grid Data Analytics Market, by End-user

Small/Medium Enterprises

Large Enterprises

Smart Grid Data Analytics Market, by Geography

Europe

Middle East and Africa (MEA)

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

FacebookTwitterPinterestLinkedInTumblrRedditVKWhatsAppEmail
Security Screening Market Strength its Roots due to Growing Need of Security at Public Places
Global Ventilation Fans Market to reach US$2.4 bn by 2023 due to Growing Awareness about the Importance of Indoor Air Quality
Related posts
  • Related posts
  • More from author
Eletter Products

SPONSORED: Rugged 1/2 ATR Aligned to SOSA, CMFF and SAVE Ready

January 30, 20250
Consortia and Working Groups

Call for Consensus Body Members to Reaffirm ANSI/VITA 67.1-2019 – Coaxial Interconnect on VPX, 4 Position SMPM Configuration

January 28, 20250
Eletter Products

SPONSORED: SAVE Compliant Chassis for VPX and SOSA Aligned Systems

January 28, 20250
Load more
Read also
Eletter Products

SPONSORED: Rugged 1/2 ATR Aligned to SOSA, CMFF and SAVE Ready

January 30, 20250
Consortia and Working Groups

Call for Consensus Body Members to Reaffirm ANSI/VITA 67.1-2019 – Coaxial Interconnect on VPX, 4 Position SMPM Configuration

January 28, 20250
Eletter Products

SPONSORED: SAVE Compliant Chassis for VPX and SOSA Aligned Systems

January 28, 20250
Eletter Products

SPONSORED: Introducing AirBorn’s 2300W+ VPX Power Supply

January 28, 20250
Consortia and Working Groups

VITA announces formation of VITA 100 working groups

January 13, 20250
Articles

VITA Technologies 2025 Application Guide is here!

December 13, 20240
Load more

Recent Comments

No comments to show.
  • Articles
  • White Papers
  • Products
  • News
Menu
  • Articles
  • White Papers
  • Products
  • News
  • VME
  • XMC
  • FMC
  • PMC
  • VNX
  • VPX
Menu
  • VME
  • XMC
  • FMC
  • PMC
  • VNX
  • VPX

© 2023 VITA Technologies. All rights Reserved.