According to the recent study the smart grid data analytics market is projected to reach an estimated $XX billion by 2028 from $XX billion in 2023, at a CAGR of 11% to 13%from 2023 to 2028. Growth in this market is primarily driven by increasing demand for electricity, adoption of smart grid systems, and increasing need for reliable solutions to optimize their grid efficiency.
Browse XX figures /
charts and XX tables in this 150 -page report to understand trends,
opportunities and forecast in smart grid data analytics market by solution
(transmission and distribution (T&D) network, metering, customer
analytics), deployment (cloud-based, and on-premises), application (advanced
metering infrastructure analytics, demand response analysis, grid optimization
analysis, and others), end use industry (private sector and public sector), and
region (North America, Europe, Asia Pacific, and the Rest of the World).
Download sample report by clicking on below link
https://www.lucintel.com/smart-grid-data-analytics-market.aspx
“Advanced metering infrastructure
analysis market is expected to remain the largest segment during the forecast
period.”
Based on application,
the smart grid data analytics market is segmented into advanced metering
infrastructure analytics, demand response analysis, grid optimization analysis,
and others. Lucintel forecasts that the advanced metering infrastructure
analysis market is expected to remain the largest segment over the forecast period
because it provides various operational benefits to minimize the utility cost,
identifying outage features, and enables utilities to provide customers digital
access to their usage information to offer convenience to the customers.
“Within the smart grid data analytics market, the metering segment
is expected to remain the largest solution.”
Based on solution the metering
segment is expected to witness the highest growth over the forecast period due
to advanced integration renewable sources, increasing R&D, and growing
installations in the residential, commercial, and industrial sectors.
“Asia pacific will dominate the smart grid data analytics market
in near future.”
Asia Pacific will remain
the largest region due to rising population, accelerating demand for
electricity, and increase in automated services. Increasing demand for smart
cities in China, Japan, South Korea, and India are also contributing in the
growth of this region.
Download Brochure of this report by clicking on https://www.lucintel.com/smart-grid-data-analytics-market.aspx.
Major players of smart
grid data analytics market are adopting various growth strategies like new
product launches, expansions, merger and acquisitions, partnerships,
agreements, and collaborations to expand their presence in this market. Accenture
plc, AutoGrid Systems Inc., General Electric Company, International Business
Machines Corporation, Itron Inc., Landis+Gyr (Toshiba Corporation), SAP SE are
among the major smart grid data analytics providers.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or click on this link https://www.lucintel.com/smart-grid-data-analytics-market.aspx or helpdesk@lucintel.com.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com.
Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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