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Increasing demand for energy & need to optimize power generation & planning are key factors driving global energy & utilities analytics market revenue growth
VANCOUVER, BC, CANADA, November 16, 2022 /EINPresswire.com/ — An Emergen Research report of the global Energy and Utilities Analytics market, as well as commercial, in-depth analyses of the individual segments, will find the study useful. The study will prove useful for leading companies looking to find new sources of income by helping them to understand the market and its underlying dynamics. It will also be useful for businesses looking to expand into new markets or diversify their current operations. Our recent study allows you to assess the entire regional and global market for Energy and Utilities Analytics. In order to increase market share, obtain financial analysis of each segment and the whole market. Look at how you can utilize the current and potential revenue-generating opportunities available in this sector. We believe that there are significant prospects for energy storage technology in this industry due to the rapid expansion of the technology. In addition to helping you build growth strategies, improve competitor analysis, and increase business productivity, the research will also assist you in making better strategic decisions.
The global energy and utilities analytics market size is expected to reach USD 6.55 Billion in 2028 and register a steady revenue CAGR over the forecast period, according to latest analysis by Emergen Research. Market revenue growth is primarily driven by increasing demand for energy and need to optimize power generation and planning. According to the International Energy Agency (IEA), global energy demand is expected increase by 37% till 2040. Rising need among utility companies to deliver safer and more affordable, reliable, and sustainable services, in order to meet growing energy demand, is expected to drive revenue growth of the market during the forecast period. The need to optimize business practices and operations to gain maximum cost benefits is boosting utilization of energy and utilities analytics services and solutions among energy and utility companies. The ability of analytics solutions to provide greater visibility, reduce operational costs, improve customer satisfaction and asset reliability, control maintenance issues, and optimize utility consumption is resulting in their increasing demand. Adoption of cloud-based energy and utilities analytics solutions is increasing rapidly, as they enable utility companies to provide scalability, deliver flexible power and better customer service, maintain equipment more easily, and streamline energy efficiency programs. The cloud-based data management visualization and analytics solution by IBM, for instance, help energy providers to improve asset utilization, avoid asset failures, decrease loss of service, and optimize network availability.
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The global Energy and Utilities Analytics market report employs an extremely extensive and perceptive process that analyses statistical data relating to services and products offered in the market. The research study is a pivotal document in understanding the needs and wants of the clients. The report is comprised of significant data about the leading companies and their marketing strategies. The Energy and Utilities Analytics industry is witnessing an expansion and change of dynamics owing to the entry of several new players.
The study outlines the rapidly evolving and growing market segments along with valuable insights into each element of the industry. The industry has witnessed the entry of several new players, and the report aims to deliver insightful information about their transition and growth in the market. Mergers, acquisitions, partnerships, agreements, product launches, and joint ventures are all outlined in the report.
Key Companies Profiled in the Report are
Microsoft Corporation, Eaton Corporation plc, IBM, SAP SE, General Electric Company, AWS, Oracle, Schneider Electric SE, Siemens AG, and Cisco Systems, Inc
The research report offers a comprehensive regional analysis of the market with regards to production and consumption patterns, import/export, market size and share in terms of volume and value, supply and demand dynamics, and presence of prominent players in each market.
Regional Analysis Covers:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Forecasts to 2030 and other analyses reveal commercial prospects
In addition to revenue forecasting to 2030, our new study provides you with recent results, growth rates, and market shares.
You will find original analyses, with business outlooks and developments.
Discover qualitative analyses (including market dynamics, drivers, opportunities, restraints and challenges), cost structure, impact of rising Energy and Utilities Analytics prices and recent developments.
To know more about the report, visit @ https://www.emergenresearch.com/industry-report/energy-and-utilities-analytics-market
Furthermore, the report provides the analytical data in an organized format segmented into charts, tables, graphs, figures, and diagrams. This enables readers to understand the market scenario in an easy and beneficial manner. Moreover, the report aims to impart a prospective outlook and draw an informative conclusion to assist the reader in making lucrative business decisions. The report, in conclusion, provides a detailed analysis of the segments expected to dominate the market, the regional bifurcation, the estimated market size and share, and comprehensive SWOT analysis and Porter’s Five Forces Analysis.
On the basis of type, the market is segmented into
Type Outlook (Revenue, USD Billion; 2018–2028)
Software
Services
Deployment Outlook (Revenue, USD Billion; 2018–2028)
Cloud
On-premises
Application Outlook (Revenue, USD Billion; 2018–2028)
Load Forecasting
Meter Operation
Distribution Planning
Demand Response
Others
What Questions Should You Ask before Buying a Market Research Report?
How is the Energy and Utilities Analytics market evolving?
What is driving and restraining the Energy and Utilities Analytics market?
How will each Energy and Utilities Analytics submarket segment grow over the forecast period and how much revenue will these submarkets account for in 2030?
How will the market shares for each Energy and Utilities Analytics submarket develop from 2022 to 2030?
What will be the main driver for the overall market from 2022 to 2030?
Will leading Energy and Utilities Analytics markets broadly follow the macroeconomic dynamics, or will individual national markets outperform others?
How will the market shares of the national markets change by 2030 and which geographical region will lead the market in 2030?
Who are the leading players and what are their prospects over the forecast period?
What are the Energy and Utilities Analytics projects for these leading companies?
How will the industry evolve during the period between 2020 and 2030? What are the implications of Energy and Utilities Analytics projects taking place now and over the next 10 years?
Is there a greater need for product commercialisation to further scale the Energy and Utilities Analytics market?
Where is the Energy and Utilities Analytics market heading and how can you ensure you are at the forefront of the market?
What are the best investment options for new product and service lines?
What are the key prospects for moving companies into a new growth path and C-suite?
Key Benefits for Stakeholders:
The report provides an extensive analysis of the current and future trends in the global minimally invasive surgical systems market to elucidate the imminent investment pockets.
A detailed analysis of the factors that drive and restrict the growth of the minimally invasive surgical systems market is provided.
Extensive analysis of key segments demonstrates the types of energy devices, access equipment, and visualization & documentation systems used in minimally invasive surgeries.
A comprehensive analysis of the geographical landscape provides detailed information about various regions across North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
The report offers a competitive landscape of the minimally invasive surgical systems market to assist players to gain insights into the competition scenario. Key companies operating in the market are profiled to provide valuable insights.
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Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyses consumer behaviour shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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