[January 29, 2015]

Research and Markets: Global Smart Grid Managed Services Market 2015-2019 with Accenture, Capgemini, GE Energy, IBM & Siemens Dominating

Research and Markets (http://www.researchandmarkets.com/research/klv6kq/global_smart_grid) has announced the addition of the "Global Smart Grid Managed Services Market 2015-2019" report to their offering.

The analysts forecast the Global Smart Grid Managed Services market to grow at a CAGR of 53.96 percent over the period 2014-2019.

Smart grid managed services refer to the synchronization of various smart grid software and hardware technologies and their related operational services such as deployment of smart meters and AMIs and integration of renewable energy with smart grids. These smart grid services are offered to various end-users such as power utilities and IPPs.

The Global Smart Grid Managed Services market has been segmented on the basis of the following: applications (EMS, DMS and data analytics) and geography.

Governments worldwde have started to increasingly support the development of smart grids. Increased adoption of smart grids will lead to better efficiency among power plants. This would be enabled through reduction in T&D and power losses. Reduced T&D losses would help enhance the overall output of power plants and, therefore, help end-users manage their power consumption patterns judiciously through programs such as demand-response.

According to the report, investment in smart grid technologies has increased substantially because of the growing power crisis worldwide and increased power losses during T&D. This has led to reduced operational performance of power plants, which is expected to have a positive effect on overall market growth during the forecast period.

Further, the report states that huge capital investment is needed to upgrade conventional power plants into smart grid systems. Additional costs, such as costs associated with distribution systems, replacement of transmission lines, substation digitization, power delivery systems, and digital controls, are hindering market growth significantly.

Key Vendors

• Accenture (News - Alert)
• Capgemini
• GE Energy
• IBM
• Siemens

Key Topics Covered:

1. Executive Summary
2. List of Abbreviations
3. Scope of the Report
4. Market Research Methodology
5. Introduction
6. Market Landscape
7. Market Segmentation by Application
8. Geographical Segmentation
9. Key Leading Countries
10. Buying Criteria
11. Market Growth Drivers
12. Drivers and their Impact
13. Market Challenges
14. Vendor Landscape
15. Key Vendor Analysis

For more information visit http://www.researchandmarkets.com/research/klv6kq/global_smart_grid

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