Smart Grid Analytics Market – Global Industry Forecast To 2029
The smart grid analytics market is projected to grow from USD 7.9 billion in 2024 to USD 14.3 billion by 2029, at a compound annual growth rate (CAGR) of 12.4% during the forecast period.
スマートグリッド分析市場は、2024年の79億米ドルから2029年までに143億米ドルに成長し、予測期間中の年間平均成長率(CAGR)は12.4%になると予測されています。
Market is anticipated to grow due to the surge in the deployment of intelligent metering systems, growing incidence of aging power grid infrastructure and increasing pursuit of energy efficiency and eco-friendly solutions.
The report provides insights on the following pointers:
• Analysis of key drivers (increasing adoption of smart meters, rising number of aging grid infrastructure, growing demand for energy efficiency and sustainability), restraints (shortage of skilled workforce professionals, interoperability constraints, High initial investment and implementation costs), opportunities (boost to the growing smart city initiatives, improved renewable energy integration, Enhanced demand response management), and challenges (data management complexity associated with smart grids, cybersecurity threats, lack of standardization in smart grid analytics landscape).
• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the smart grid analytics market.
• Market Development: Comprehensive information about lucrative markets – the report analyses the smart grid analytics market across varied regions.
• Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the smart grid analytics market.
• Competitive Assessment: In-depth assessment of market shares, growth strategies and service offerings of leading players like Siemens (Germany), IBM (US), Oracle (US), Schneider Electric (France), GE Vernova (US), Landis+Gyr (Switzerland), Capgemini (France), Infosys (India), SAP (Germany), Honeywell (US), Accenture (Ireland), SAS Institute (US), Itron (US), among others in the smart grid analytics market. The report also helps stakeholders understand the pulse of the smart grid analytics market and provides them with information on key market drivers, restraints, challenges, and opportunities.