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,