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Energy Cloud Market: Global Forecast until 2021

  • March 2017
  • 147 pages
  • ID: 4784295
In this report:
The table given below highlights the energy cloud market size by service in the U.S. The professional services segment is expected to grow from USD ##.## million in 2016 to USD ##,##.## million by 2021, at a CAGR of ##.##% during the forecast period.
The table given below highlights the energy cloud market size by solution in the U.S. The enterprise asset management solution segment is expected to grow from USD ##.## million in 2016 to USD ##.## million by 2021, at a CAGR of ##.##% during the forecast period.


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"Aging infrastructure, growing grid security concerns, and the need for Customer Relationship Management are forecast to steer the global energy cloud market"

The energy cloud market size is forecasted to grow from ~$5.1B in 2016 to ~$15.2B by 2021, at a CAGR of 24.30 percent. The factors driving the increase of the market contain the increase in aging infrastructure, need for new, real-time data access, and analytical capabilities among the energy & utilities enterprises.

Reporting and analytics segment is anticipated to grow at more considerable rate during the outlook period

The reporting and analytics solution segment is anticipated to increase at the highest CAGR (Compound annual growth rate) during the estimate period. The industry demand for cloud-based reporting and analytics is growing among the energy and utilities market, due to the rising need for improved decision-making, optimizing internal business processes, growing operational efficiencies, and gaining opposing advantage in the industry.

Managed services segment is anticipated to rise at the highest compound annual growth rate (CAGR) during the outlook period

The managed services segment in the energy cloud market is projected to have the more considerable rise during the estimate period, as it benefits the enterprises to focus on core business functions and offer a competitive edge in the sector. These services offer enhanced the customer experience by addressing all queries associated to the deployment of applications.

Asia-Pac is forecasted to witness the more significant increase rate, while North America continent is intended to hold the largest part of market share during the outlook period

Asia Pacific (APAC) is anticipated to grow at the maximal rate during the estimate period. A surge in increase is anticipated, owing to technological advancements, together with mandatory regulations imposed by government and regulatory entities. North America (NA) is forecasted to hold the biggest market share and dominate the energy cloud market during the outlook period. The presence of a big number of companies, strong technical skills, and higher adoption of advanced cloud solutions & services are the main factors for the biggest share of North America.

In the process of finding out and checking the market value for various segments & sub-segments collected by the secondary research, extensive primary audit sessions were managed with top industry personnel. The breakup of profiles of primary discussion participants are given below:

- By Company category: Tier-1 (16.0 percent), Tier-2 (32.0 percent), and Tier-3 (52.0 percent) firms

- By Description: C-suite (41 %), D-level (35 %), and Others (24 %)

- By Area: North America continent (46 %), Europe (EU) (30 %), Asia-Pac (15 %), and RoW (9 %)

The list of energy cloud vendors decribed in the study is like:

1. Accenture PLC (Chicago, Illinois, U.S)

Segment Research

The overall energy cloud market has been split on the basis of solutions, services, service models, organization sizes, deployment models, and localities.

The different types of study included in the market research contain energy cloud ecosystem, value chain study, competitive landscaping, and market forces.

Reasons to Buy the Report

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

1. This document breaks down the energy cloud market comprehensively and offers the best approximations of the revenue data for the global market & the sub-segments across different areas.

2. The market research benefits partners comprehend the pulse of the sector and offers them with info on main market drivers, market restraints, opportunities, & alternatives.

3. This industry report benefits partners better comprehend the players and obtain additional insights to improve their rank in the business sector. The competitive outlook section includes competitor landscape, new industry product developments, alliances, and mergers & acquisitions.

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