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(Wireless-NewsWire.Com, September 05, 2018 ) The Energy and Utility Analytics Market is used for evaluation of valuable insight from the large amount of data generated within the energy & utility network. This particular analytics solution aims to enhance the productivity, performance, and reliability of business operations in the utility based companies. SAS Institute Inc., SAP SE, Oracle Corporation, Infosys Limited and International Business Machines Corporation are some of the major players operating in the energy & utility analytics market. Geographically, North America is the major contributor to the energy and utility analytics market, followed by Europe, while Asia-Pacific region is predicted to witness high deployment of analytical solutions in oil & gas, electricity sectors resulting to be the fastest growing region in terms of energy & utility analytics market. Global energy and utility analytics market is expected to grow from US$ 2.26 Bn in 2017 to US$ 5.71 Bn by 2025 at a CAGR of 12.5% between 2018 and 2025.
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The report focuses on an in-depth segmentation of this market based on type, service, deployment model, application, and vertical. The geographic segmentation of the report covers six major regions including; North Americas, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SA). The regional market has been further bifurcated by respective countries. By vertical segment, the oil & gas sector is accounted for the largest share contribution in energy and utility analytics market in 2017; whereas, Asia-Pacific region is expected to grow at the highest CAGR during the forecast period.
The report aims to provide an overview of the global energy and utility analytics market with detailed market segmentation. Also, it analyzes the current energy and utility analytics market scenario and forecasts the market until 2025. The report covers market dynamics affecting the market during the forecast period. Furthermore, the report analyzes the competitive scenario, geographic trends, and opportunities in the markets with respect to all geographic regions. The report also includes the detailed company profiles of the key players in the market along with their market strategies. The report also provides PEST analysis of all five regions along with the SWOT analysis for all company profiled in the report.
North America is one of the prominent regions in the energy and utility analytics market which will contribute the highest revenue globally due to technological developments and considerable application of analytical solutions in different verticals. Rapidly growing economies in Europe with significant growth in oil and gas industries will pave the path for increasing adoption of analytical solutions, to propel the market for energy and utility analytics market. Some of the key players of energy and utility analytics market include Wipro Limited, EnergySavvy Inc., Oracle Corporation, Capgemini SE, Infosys Limited, SAP SE, International Business Machines Corporation, BuildingiQ, Inc., SAS Institute Inc., and Wegowise, Inc. among others.
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- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to segmentations like type, service, deployment model, application and vertical.
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