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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

Smart Grid Analytics Market: Forecast

  • January 2015
  • 123 pages
  • ID: 2660319
In this report:
The large enterprises segment is estimated to have the largest market size of $##,##.## million in 2014 and is projected to reach $##,##.## million by 2019 with a CAGR of ##.##%.
Global Smart Grid analytics market - $##,##.## million in 2014, and forecasted to rise till $##,##.## million by 2019 Market growth is attributed to massive rise in big data generation in the utility sector, especially the smart utilities.

Summary

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The smart grid analytics market is detached into numerous software-based solutions which have their defined scope of use. These solutions contain Advanced Metering Infrastructure analytics used for revenue protection, advanced billing systems and theft reduction; demand response analytics which is used to analyze the information associated to the Demand Response Management System ; asset management analytics solutions which focus on reduction in asset losses and streamlining operational efficiencies of assets; analytics solutions for grid optimization which deal with outage reduction and voltage/ Volt-Ampere Reactive analytics; energy data forecasting solutions which help in balancing load profiles; and visualization tools for high end dashboarding and reporting purposes.

Most of the small and medium businesses as well as big enterprises are focusing on gaining useful insights out of the unstructured smart grid data for enhancing grid operations by framing improved strategies. This is ultimately required by the smart utilities to curb losses, maximize operational efficiency and hence provide enhanced customer experience. These big data analytics solutions also help the smart grids in curbing the amount of carbon-based emissions established on the past and current emission reports. This helps in making the grid greener for the coming years.

The smart grid analytics market research report consists of the future market trends of smart grid analytics market; it also presents detailed study, sizing of market, and forecasting for the emerging submarkets of smart grid analytics. The market research is broken down on the basis of smart grid analytics solutions, services, deployment types, organization size, and localities. The smart grid analytics market research report examines overall adoption trends, upcoming increase potential, key market drivers, competitive outlook, industry restraints, possibilities, market ecosystem, and emerging technologies in this industry.

This study will help the industry leaders (and new entrants) in the following points:

1. This document breaks down the market into solutions and services, covering this industry overall. The study offers the best approximations of the revenue data for the global market and the subsegments.

2. This industry report will facilitate them better comprehend the players and obtain additional insights to better option their business. There is a separate division on opposing landscape that includes players' ecosystem and their roles in the sector. Also, there are company profiles of the top 10 actors in this sector. In this part, industry internals are furnished that can put them ahead of the competitors.

The analysis benefits them to comprehend the global increase of the market. The market research offers info and review of main market drivers, market restraints, opportunities, and alternatives.

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