Trending News: Smart Grid Analytics Market — Global Industry Analysis and Forecast 2020 to 2027

  • According to the new market research report Smart Grid Analytics Market by Deployment Mode (Cloud-Based, On-Premise), by Solution (AMI Analytics, Customer Analytics, Asset Management, Grid Optimization, Transmission and Distribution (T&D) Network, Metering, Energy Data Forecasting and Visualization Tool), by Services (Professional Services and Support and Maintenance Services), by Application (Demand Response Analysis, Grid Optimization Analysis and Advanced Metering Infrastructure Analysis), by Enterprise Size (Small & Medium-Sized Enterprises (SMEs) and Large Enterprise), by Region (North America, Asia Pacific, Europe, Middle East and Africa, South America) — Global Forecast (2020 to 2027)”, the global Smart Grid Analytics Market is estimated to reach USD 13.7 Billion by 2027 at a CAGR of around 17.6% during the review period.
  • The smart grid is refers to an energy infrastructure of the future, transformers and substations which helps in direct the energy to households with technology such as computers, automated technology and other new equipment.
  • Moreover, it also helps the electricity producers to improve its reliability, availability, and efficiency. These may lead to increase the demand for the market growth
  • With the increasing advancement in smart grid and Advanced Metering Infrastructure (AMI) is witness to boost the growth of the market in the forecast period. Whereas, the advanced metering infrastructure (AMI) helps to provides several operational benefits such as reduce the utility cost and offers convenience to the user.
  • One of the major key concern of the smart grid analytics market is high costs of smart grid which may restraining factor for the growth of the market. Whereas, one of the most limitation factor in the smart metering is the fund availability.
  • Increasing growth in Internet of Things (IoT), rapidly increasing the penetration of information and communication technologies in the grid, as well as the modernization has led to increase the adoption for smart grid data analytics.
  • Shortage of skilled professional is anticipate to restraint the growth of the smart grid analytics market in the forecast period.
  • North America:
  • Asia-Pacific:
  • Itron Inc.:
  • Accenture Plc:

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DataBridge Market Research

DataBridge Market Research

Data Bridge set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approach

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