Smart Grid Data Analytics Market Booming Globally by Top Market Players like Accenture, Capgemini S.A., EMC, HP, IBM, Oracle
The
smart grid data analytics refer to a subset of Big Data analytics solutions
used for analyzing the huge volumes of data generated from the smart grid
network that consist of various components including smart meters, automated
distribution systems, smart appliances and other sensing equipment in the
network. The demand for cost-effective and sustainable power supplies for
producers and consumers in the utility sector has led the market for smart grid
analytics as over an ever-growing power environment, a massive amount of data
is generated by smart meters, sensors, automated dispensing systems, and a
variety of other sensing devices.
The
smart grid analytics market is expected to grow at a CAGR of over 25%, during the
forecast period 2018 - 2026.
Top Key Players of Smart Grid Data
Analytics Market:
Accenture,
Capgemini S.A., EMC Corporation, Hewlett-Packard Company, IBM Corporation,
Opower, Oracle Corporation, SAP AG, SAS Institute, Inc., AutoGrid, Siemens AG,
BuildingIQ, C3 Energy, Daintree Networks, Cloudera, Hortonworks, Hadapt,
Platfora, Karmasphere, Domo, Sumo Logic.
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This
report is inclined towards the regions having highest scope such as North
America, Japan, China, Asia, and India. The smart grid data analytics market is
rapidly growing on the grounds of various businesses. The report includes the
statistics about the systematic approaches, which needs to follow for booming
the industries. It consists of different ways to analyze, seek, and shed light
on new opportunities. This report consists of the estimated data about the
drivers, restraints and opportunities that can help to drive the flow of the
businesses.
Reasons for Buying this Report:
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This report
provides pin-point analysis for changing competitive dynamics
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It provides a
forward-looking perspective on different factors driving or restraining market
growth
·
It provides a
forecast assessed on the basis of how the market is predicted to grow
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It helps in
understanding the key product segments and their future
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It provides pin
point analysis of changing competition dynamics and keeps you ahead of
competitors
· It helps in
making informed business decisions by having complete insights of market and by
making in-depth analysis of market segments
The
major growth drivers, challenges, and trends influencing the market are
examined at length. A thorough qualitative and quantitative data pertaining to
the projected impact of these factors on market’s future growth prospects are
presented in the Smart Grid Data Analytics market research report. Focused market
research methodologies help organizations in clearly gauging the most crucial
stakes in the market that need to the considered for effective decision making.
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