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Smart Grid Data Analytics Market By Solution (Grid Optimization, AMI Analytics, Asset Management, Demand Response Analytics, and Others), By Deployment (Cloud-Based, On-Premises, and Hybrid), and By Service (Professional and Support & Maintenance): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025

Published Date: 10-Sep-2019 Category: Technology & Media Report Format : PDF Pages: 110 Report Code: ZMR-4721 Status : Published

Global smart grid data analytics market expected to reach approximately USD 5,720 million by 2025, growing at a CAGR of around 12.58% between 2019 and 2025. The rapid developments witnessed in cloud computing and digital technology over the last few years have contributed to the growing adoption of smart grid technology.

Description

The report covers a forecast and an analysis of the smart grid data analytics market on a global and regional level. The study provides historical data from 2016 to 2018 along with a forecast from 2019 to 2025 based on revenue (USD Million). The study includes drivers and restraints of the smart grid data analytics market along with their impact on the demand over the forecast period. Additionally, the report includes the study of opportunities and threats to the smart grid data analytics market on a global level.

To understand the competitive landscape in the market, an analysis of Porter’s Five Forces Model for the smart grid data analytics market has also been included. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.

Global Smart Grid Data Analytics Market

The study provides a decisive view of the smart grid data analytics market by segmenting it based on type, deployment, service, and region. All the segments have been analyzed based on present and the future trends and the market is estimated from 2019 to 2025. The regional segment includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Some key players of the smart grid data analytics market are Itron, Siemens, AutoGrid Systems, IBM, Verizon, SAS Institute, SAP, HP Development, Accenture, Hitachi Consulting, Oracle, EMC Corporation, Sensus, Infosys, Capgemini, and Amdocs.

This report segments the global smart grid data analytics market into:

Global Smart Grid Data Analytics Market: Solution Analysis

  • Grid Optimization
  • AMI Analytics
  • Asset Management
  • Demand Response Analytics
  • Others (Energy Forecasting and Data Visualization Tools)

Global Smart Grid Data Analytics Market: Deployment Analysis

  • Cloud-Based
  • On-Premises
  • Hybrid

Global Smart Grid Data Analytics Market: Service Analysis

  • Professional Services
  • Support and Maintenance Services

Global Smart Grid Data Analytics Market: Regional Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

Table Of Content

  • Chapter 1. Introduction
    • 1.1. Report Description and Scope
    • 1.2. Research Scope
    • 1.3. Research Methodology
      • 1.3.1. Market Research Process
      • 1.3.2. Market Research Methodology
  •  
  • Chapter 2. Executive Summary
    • 2.1. Global Smart Grid Data Analytics Market, 2016-2025 (USD Million)
    • 2.2. Global Smart Grid Data Analytics Market: Snapshot
  •  
  • Chapter 3. Smart Grid Data Analytics Market - Industry Dynamics
    • 3.1. Introduction
    • 3.2. Market Drivers
      • 3.2.1. Global Smart Grid Data Analytics Market Drivers: Impact Analysis
      • 3.2.2. Growing demand across application industries
      • 3.2.3. Strategic investments by key players
    • 3.3. Market Restraints
      • 3.3.1. Global Smart Grid Data Analytics Market Restraints: Impact Analysis
      • 3.3.2. The high cost of ownership
    • 3.4. Opportunities
      • 3.4.1. Increasing demand for cost-effective power supplies
      • 3.4.2. Technological improvements
    • 3.5. Porter's Five Forces Analysis
    • 3.6. Market Attractiveness Analysis
      • 3.6.1. Market Attractiveness Analysis, by Solution
      • 3.6.2. Market Attractiveness Analysis, by Deployment
      • 3.6.3. Market Attractiveness Analysis, by Service
      • 3.6.4. Market Attractiveness Analysis, by Region
  •  
  • Chapter 4. Global Smart Grid Data Analytics Market - Competitive Landscape
    • 4.1. Company Market Share, 2019 (Subject To Data Availability)
      • 4.1.1. Global Smart Grid Data Analytics Market: Company Market Share, 2019
    • 4.2. Strategic Development
      • 4.2.1. Acquisitions & Mergers
      • 4.2.2. New Product Launch
      • 4.2.3. Agreements, Partnerships, Collaborations and Joint Ventures
      • 4.2.4. Research and Development, Product and Regional Expansion
    • 4.3. Product Portfolio
  •  
  • Chapter 5. Global Smart Grid Data Analytics Market - Solution Analysis
    • 5.1. Global Smart Grid Data Analytics Market: Solution Overview
      • 5.1.1. Global Smart Grid Data Analytics Market Share, by Solution, 2018 and 2025
    • 5.2. Grid Optimization
      • 5.2.1. Global Smart Grid Data Analytics Market for Grid Optimization, 2016-2025 (USD Million)
    • 5.3. AMI Analytics
      • 5.3.1. Global Smart Grid Data Analytics Market for AMI Analytics, 2016-2025 (USD Million)
    • 5.4. Asset Management
      • 5.4.1. Global Smart Grid Data Analytics Market for Asset Management, 2016-2025 (USD Million)
    • 5.5. Demand Response Analytics
      • 5.5.1. Global Smart Grid Data Analytics Market for Demand Response Analytics, 2016-2025 (USD Million)
    • 5.6. Others
      • 5.6.1. Global Smart Grid Data Analytics Market for Others, 2016-2025 (USD Million)
  •  
  • Chapter 6. Global Smart Grid Data Analytics Market - Deployment Analysis
    • 6.1. Global Smart Grid Data Analytics Market: Deployment Overview
      • 6.1.1. Global Smart Grid Data Analytics Market Share, by Deployment, 2018 and 2025
    • 6.2. Cloud-Based
      • 6.2.1. Global Smart Grid Data Analytics Market for Cloud-Based, 2016-2025 (USD Million)
    • 6.3. On-Premises
      • 6.3.1. Global Smart Grid Data Analytics Market for On-Premises, 2016-2025 (USD Million)
    • 6.4. Hybrid
      • 6.4.1. Global Smart Grid Data Analytics Market for Hybrid, 2016-2025 (USD Million)
  •  
  • Chapter 7. Global Smart Grid Data Analytics Market - Service Analysis
    • 7.1. Global Smart Grid Data Analytics Market: Service Overview
      • 7.1.1. Global Smart Grid Data Analytics Market Share, by Service, 2018 and 2025
    • 7.2. Professional Services
      • 7.2.1. Global Smart Grid Data Analytics Market for Professional Services, 2016-2025 (USD Million)
    • 7.3. Support & Maintenance Services
      • 7.3.1. Global Smart Grid Data Analytics Market for Support & Maintenance Services, 2016-2025 (USD Million)
  •  
  • Chapter 8. Global Smart Grid Data Analytics Market - Regional Analysis
    • 8.1. Global Smart Grid Data Analytics Market: Regional Overview
      • 8.1.1. Global Smart Grid Data Analytics Market Share, by Region, 2018 and 2025
    • 8.2. North America
      • 8.2.1. North America Smart Grid Data Analytics Market Revenue, by Solution, 2016-2025 (USD Million)
      • 8.2.2. North America Smart Grid Data Analytics Market Revenue, by Deployment, 2016-2025 (USD Million)
      • 8.2.3. North America Smart Grid Data Analytics Market Revenue, by Service, 2016-2025 (USD Million)
      • 8.2.4. The U.S.
        • 8.2.4.1. The U.S. Smart Grid Data Analytics Market Revenue, by Solution, 2016-2025 (USD Million)
        • 8.2.4.2. The U.S. Smart Grid Data Analytics Market Revenue, by Deployment, 2016-2025 (USD Million)
        • 8.2.4.3. The U.S. Smart Grid Data Analytics Market Revenue, by Service, 2016-2025 (USD Million)
      • 8.2.5. Rest of North America
        • 8.2.5.1. Rest of North America Smart Grid Data Analytics Market Revenue, by Solution, 2016-2025 (USD Million)
        • 8.2.5.2. Rest of North America Smart Grid Data Analytics Market Revenue, by Deployment, 2016-2025 (USD Million)
        • 8.2.5.3. Rest of North America Smart Grid Data Analytics Market Revenue, by Service, 2016-2025 (USD Million)
    • 8.3. Europe
      • 8.3.1. Europe Smart Grid Data Analytics Market Revenue, by Solution, 2016-2025 (USD Million)
      • 8.3.2. Europe Smart Grid Data Analytics Market Revenue, by Deployment, 2016-2025 (USD Million)
      • 8.3.3. Europe Smart Grid Data Analytics Market Revenue, by Service, 2016-2025 (USD Million)
      • 8.3.4. UK
        • 8.3.4.1. UK Smart Grid Data Analytics Market Revenue, by Solution, 2016-2025 (USD Million)
        • 8.3.4.2. UK Smart Grid Data Analytics Market Revenue, by Deployment, 2016-2025 (USD Million)
        • 8.3.4.3. UK Smart Grid Data Analytics Market Revenue, by Service, 2016-2025 (USD Million)
      • 8.3.5. France
        • 8.3.5.1. France Smart Grid Data Analytics Market Revenue, by Solution, 2016-2025 (USD Million)
        • 8.3.5.2. France Smart Grid Data Analytics Market Revenue, by Deployment, 2016-2025 (USD Million)
        • 8.3.5.3. France Smart Grid Data Analytics Market Revenue, by Service, 2016-2025 (USD Million)
      • 8.3.6. Germany
        • 8.3.6.1. Germany Smart Grid Data Analytics Market Revenue, by Solution, 2016-2025 (USD Million)
        • 8.3.6.2. Germany Smart Grid Data Analytics Market Revenue, by Deployment, 2016-2025 (USD Million)
        • 8.3.6.3. Germany Smart Grid Data Analytics Market Revenue, by Service, 2016-2025 (USD Million)
      • 8.3.7. Rest of Europe
        • 8.3.7.1. Rest of Europe Smart Grid Data Analytics Market Revenue, by Solution, 2016-2025 (USD Million)
        • 8.3.7.2. Rest of Europe Smart Grid Data Analytics Market Revenue, by Deployment, 2016-2025 (USD Million)
        • 8.3.7.3. Rest of Europe Smart Grid Data Analytics Market Revenue, by Service, 2016-2025 (USD Million)
    • 8.4. Asia Pacific
      • 8.4.1. Asia Pacific Smart Grid Data Analytics Market Revenue, by Solution, 2016-2025 (USD Million)
      • 8.4.2. Asia Pacific Smart Grid Data Analytics Market Revenue, by Deployment, 2016-2025 (USD Million)
      • 8.4.3. Asia Pacific Smart Grid Data Analytics Market Revenue, by Service, 2016-2025 (USD Million)
      • 8.4.4. China
        • 8.4.4.1. China Smart Grid Data Analytics Market Revenue, by Solution, 2016-2025 (USD Million)
        • 8.4.4.2. China Smart Grid Data Analytics Market Revenue, by Deployment, 2016-2025 (USD Million)
        • 8.4.4.3. China Smart Grid Data Analytics Market Revenue, by Service, 2016-2025 (USD Million)
      • 8.4.5. Japan
        • 8.4.5.1. Japan Smart Grid Data Analytics Market Revenue, by Solution, 2016-2025 (USD Million)
        • 8.4.5.2. Japan Smart Grid Data Analytics Market Revenue, by Deployment, 2016-2025 (USD Million)
        • 8.4.5.3. Japan Smart Grid Data Analytics Market Revenue, by Service, 2016-2025 (USD Million)
      • 8.4.6. India
        • 8.4.6.1. India Smart Grid Data Analytics Market Revenue, by Solution, 2016-2025 (USD Million)
        • 8.4.6.2. India Smart Grid Data Analytics Market Revenue, by Deployment, 2016-2025 (USD Million)
        • 8.4.6.3. India Smart Grid Data Analytics Market Revenue, by Service, 2016-2025 (USD Million)
      • 8.4.7. Rest of Asia Pacific
        • 8.4.7.1. Rest of Asia Pacific Smart Grid Data Analytics Market Revenue, by Solution, 2016-2025 (USD Million)
        • 8.4.7.2. Rest of Asia Pacific Smart Grid Data Analytics Market Revenue, by Deployment, 2016-2025 (USD Million)
        • 8.4.7.3. Rest of Asia Pacific Smart Grid Data Analytics Market Revenue, by Service, 2016-2025 (USD Million)
    • 8.5. Latin America
      • 8.5.1. Latin America Smart Grid Data Analytics Market Revenue, by Solution, 2016-2025 (USD Million)
      • 8.5.2. Latin America Smart Grid Data Analytics Market Revenue, by Deployment, 2016-2025 (USD Million)
      • 8.5.3. Latin America Smart Grid Data Analytics Market Revenue, by Service, 2016-2025 (USD Million)
      • 8.5.4. Brazil
        • 8.5.4.1. Brazil Smart Grid Data Analytics Market Revenue, by Solution, 2016-2025 (USD Million)
        • 8.5.4.2. Brazil Smart Grid Data Analytics Market Revenue, by Deployment, 2016-2025 (USD Million)
        • 8.5.4.3. Brazil Smart Grid Data Analytics Market Revenue, by Service, 2016-2025 (USD Million)
      • 8.5.5. Rest of Latin America
        • 8.5.5.1. Rest of Latin America Smart Grid Data Analytics Market Revenue, by Solution, 2016-2025 (USD Million)
        • 8.5.5.2. Rest of Latin America Smart Grid Data Analytics Market Revenue, by Deployment, 2016-2025 (USD Million)
        • 8.5.5.3. Rest of Latin America Smart Grid Data Analytics Market Revenue, by Service, 2016-2025 (USD Million)
    • 8.6. The Middle East and Africa
      • 8.6.1. The Middle East and Africa Smart Grid Data Analytics Market Revenue, by Solution, 2016-2025 (USD Million)
      • 8.6.2. The Middle East and Africa Smart Grid Data Analytics Market Revenue, by Deployment, 2016-2025 (USD Million)
      • 8.6.3. The Middle East and Africa Smart Grid Data Analytics Market Revenue, by Service, 2016-2025 (USD Million)
  •  
  • Chapter 9. Global Smart Grid Data Analytics Market - Company Profile
    • 9.1. Itron
      • 9.1.1. Overview
      • 9.1.2. Financials
      • 9.1.3. Solution portfolio
      • 9.1.4. Business strategy
      • 9.1.5. Recent developments
    • 9.2. Siemens
      • 9.2.1. Overview
      • 9.2.2. Financials
      • 9.2.3. Solution portfolio
      • 9.2.4. Business strategy
      • 9.2.5. Recent developments
    • 9.3. AutoGrid Systems
      • 9.3.1. Overview
      • 9.3.2. Financials
      • 9.3.3. Solution portfolio
      • 9.3.4. Business strategy
      • 9.3.5. Recent developments
    • 9.4. IBM
      • 9.4.1. Overview
      • 9.4.2. Financials
      • 9.4.3. Solution portfolio
      • 9.4.4. Business strategy
      • 9.4.5. Recent developments
    • 9.5. Verizon
      • 9.5.1. Overview
      • 9.5.2. Financials
      • 9.5.3. Solution portfolio
      • 9.5.4. Business strategy
      • 9.5.5. Recent developments
    • 9.6. SAS Institute
      • 9.6.1. Overview
      • 9.6.2. Financials
      • 9.6.3. Solution portfolio
      • 9.6.4. Business strategy
      • 9.6.5. Recent developments
    • 9.7. SAP
      • 9.7.1. Overview
      • 9.7.2. Financials
      • 9.7.3. Solution portfolio
      • 9.7.4. Business strategy
      • 9.7.5. Recent developments
    • 9.8. HP Development
      • 9.8.1. Overview
      • 9.8.2. Financials
      • 9.8.3. Solution portfolio
      • 9.8.4. Business strategy
      • 9.8.5. Recent developments
    • 9.9. Accenture
      • 9.9.1. Overview
      • 9.9.2. Financials
      • 9.9.3. Solution portfolio
      • 9.9.4. Business strategy
      • 9.9.5. Recent developments
    • 9.10. Hitachi Consulting
      • 9.10.1. Overview
      • 9.10.2. Financials
      • 9.10.3. Solution portfolio
      • 9.10.4. Business strategy
      • 9.10.5. Recent developments

Methodology

Free Analysis

Smart grid data analytics controls large data volumes that are created by smart grid technology. It is a key sector in the industrial IoT (Internet of Things), as it helps utilities to address key financial and operational challenges. This technology offers certain advantages for multinational corporations, retail stores, universities, enterprises, and hospitals. The technology deals with vast data volumes from the meteorological information system, electricity network, and geographical information systems. It also offers effective solutions for human society electrification with an increased penetration of renewable energy sources.

The rapid developments witnessed in cloud computing and digital technology over the last few years have contributed to the growing adoption of smart grid technology. The increasing need for an effective, efficient, and rational analysis of this huge data is driving the smart grid data analytics market internationally. Moreover, the continuous progress in the information and communication technology coupled with increasing R&D investments is also anticipated to fuel the smart grid data analytics market growth over the forecast time period. Increasing requirement for real-time data exchange with continuous generation of different types of data, such as digital images, social media chats and conversations, voice or video recordings, sensor data, and messages is estimated to further propel the smart grid data analytics market in the upcoming years.

Global Smart Grid Data Analytics Market

Based on solution, the market is classified into demand response analytics, AMI analytics, grid optimization, asset management, and others (data visualization tools and energy forecasting). AMI analytics is the fastest-growing segment and anticipated to maintain its major market share over the forecast time period. By deployment, the market includes cloud-based, hybrid, and on-premises. Cloud-based deployment is widely preferred due to its certain advantages. By service, the market comprises professional and support and maintenance services. Professional services are gaining high popularity across various developed countries.

The North American smart grid data analytics market is predicted to register a significant CAGR over the forecast time period. The Asia Pacific smart grid data analytics market growth is attributed to the increasing number of new entrants in the market with a strong focus on advanced technology. Continuous developments in the data analytics field to develop customized services for different end-users are estimated to boost the European market over the forecast time period. In Latin America, the smart grid data analytics market growth is primarily attributed to vigorous investments by key companies in the research and development. Increasing penetration of smart grid technology in various end-user industries is anticipated to drive the Middle Eastern and African smart grid data analytics market.

Some key players of the smart grid data analytics market are Itron, Siemens, AutoGrid Systems, IBM, Verizon, SAS Institute, SAP, HP Development, Accenture, Hitachi Consulting, Oracle, EMC Corporation, Sensus, Infosys, Capgemini, and Amdocs.

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