Smart Grid Analytics Market - Global Forecast to 2025 with Competitor Profiles of SAS, Oracle, General Electric, Itron, Siemens, Landis & Gyr
DUBLIN, Sept. 13, 2019 /PRNewswire/ -- The "Global Smart Grid Analytics Market, Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.
The global smart grid analytics market is projected to generate $2.31 billion in sales by the end of 2025.
This study segments data analytics according to three main areas of the grid network, which range from customer endpoints, all the way up to the distribution and transmission network.
These systems already generate massive amounts of data from endpoints, such as distribution network sensors and smart meters. There are currently approximately 319 million distribution sensors deployed globally, whereas on-the-edge, AMI networks transmit nearly 900 Terabytes data yearly alone.
The emphasis is on improving energy access and minimizing financial losses (non-technical losses). India and China, in particular, have been leading the way when it comes to utility-scale renewable energy sources. India has a target of installing 175 GW and China has a solar target of 270 GW by 2022. Places such as Australia and Singapore are looking to minimize power interruption by integrating Geographic Information System (GIS) data analytics and forecast events. Japan, on the other hand, will be an ideal market for customer analytics due to its plans for 100% penetration of smart meters by the year 2024. This would consist of energy efficiency and real-time consumption data of appliances.
Key Topics Covered:
Drivers and Restraints - Total Smart Grid Analytics Market
Forecasts and Trends - Total Smart Grid Analytics Market
Market Share and Competitive Analysis - Total Smart Grid Analytics Market
Mega Trends and Industry Convergence Implications
Transmission and Distribution (T&D) Analytics Segment Analysis
Metering Analytics Segment Analysis
Customer Analytics Segment Analysis
The Last Word
For more information about this report visit https://www.researchandmarkets.com/r/q57ws5
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