Global Energy and Utility Analytics Market Analysis and Forecast 2018-2025 - Increasingly Complicating Oil & Gas Industry To Drive the Demand For Robust Analytical Solutions
DUBLIN, Oct. 8, 2018 /PRNewswire/ --
The "Energy and Utility Analytics Market to 2025 - Global Analysis and Forecast by Type, by Service, by Deployment Model by Application and by Verticals" report has been added to ResearchAndMarkets.com's offering.
https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg
Energy and utility analytics market is expected to grow US$ 5,713.3 Mn by 2025 from US$ 2,260.0 Mn in 2017.
Globally evolving living standards amid the rapidly expanding population worldwide are expected to increase the energy usage and dependency on energy and utility resources, and owing to this the global energy demand in coming 10 years is projected to increase by approximately 15-18%.
This explosion in the energy and utility demand is also expected to bring several fundamental transformations, where alterations related to low carbon emission targets, regulatory landscape, low commodity prices, an uptick in industry consolidation and generation of affordable and more competitive renewables would procure the chief attention. While energy and utility sector is growing in terms of reinvention and adaption of a dynamic environment, provides a promising outlook for innovation and growth opportunities for analytics solution and services adoption.
The key trend which will predominantly affect the energy and utility analytics market in the coming year is data sharing among the energy and utility network. The emergence of data sharing is expected to generate adoption opportunities for analytical solutions such as, robust demand response networks, supply chain optimization and other programs that would make a significant contribution to the growth in areas such as smart cities. Although the data sharing is at present limited to only certain developed economies of the world, the trend is expected to spur in the near future.
Energy and utility analytics market by vertical is segmented into oil & gas, renewable energy, nuclear energy, water, electricity, and others (waste and recycle energy). Oil & gas companies are rigorously adopting analytics solutions as the industry requires to manage risks on several frontages, as well as the assets of oil & gas companies, are expensive and capital intensive. Further, with the government initiatives towards renewable energy production, the renewable energy installations have noticed a significant growth globally, which in turn is expected to increase the demand growth for energy and utility analytics market.
Key Topics Covered:
1. Introduction
1.1 Scope of the Study
1.2 Research Report Guidance
2. Key Takeaways
3. Energy & Utility Analytics Market Landscape
3.1 Market Overview
3.2 Market Segmentation
3.2.1 Global Energy & Utility Analytics Market - Type
3.2.2 Global Energy & Utility Analytics Market - Service
3.2.3 Global Energy & Utility Analytics Market - Deployment Model
3.2.4 Global Energy & Utility Analytics Market - Application
3.2.5 Global Energy & Utility Analytics Market - by Vertical
3.2.6 Global Energy & Utility Analytics Market - by Geography
3.3 PEST Analysis
4. Key Industry Dynamics
4.1 Key Market Drivers
4.1.1 Advanced Decision Making Capabilities Offered by Analytics Solutions
4.1.2 Enhanced Customer Service Capabilities
4.1.3 Increasingly Complicating Oil & Gas Industry To Drive the Demand For Robust Analytical Solutions
4.2 Key Market Restraints
4.2.1 High Capital Expenditure Value
4.3 Key Market opportunities
4.3.1 Increasing Infrastructure Development and Smart Cities
4.4 Future Trends
4.4.1 Data Sharing Will Be a Widespread Trend
4.5 Impact Analysis of Drivers and Restraints
5. Energy & Utility Analytics Market - Global
5.1 Global Energy & Utility Analytics Market Overview
5.2 Global Energy & Utility Analytics Market Forecast and Analysis
6. Global Energy & Utility Analytics Market Analysis - by Type
6.1 Overview
6.2 Solutions
6.3 Services
7 Global Energy & Utility Analytics Market Analysis - by Services
7.1 Overview
7.2 Professional Services
7.3 Managed Services
8. Global Energy & Utility Analytics Market Analysis - by Deployment Model
8.1 Overview
8.2 On-Premises
8.3 Cloud Based
8.4 Hybrid
9. Global Energy & Utility Analytics Market Analysis - Application
9.1 Overview
9.2 Load Forecasting
9.3 Customer Analytics
9.4 Grid Analytics
9.5 Asset Management
9.6 Smart Meter Analytics
9.7 Others
9.8 Global Energy & Utility Analytics Market Analysis - by Vertical
9.9 Overview
9.10 Oil & Gas
9.11 Renewable Energy
9.12 Nuclear Power
9.13 Electricity
9.14 Water
9.15 Others
10. Global Energy & Utility Analytics Market - Geographical Analysis
11. Industry Landscape
11.1 Merger & Acquisition
11.2 Market Initiative
11.3 New Development
12. Competitive Landscape
12.1 Competitive Product Mapping
12.2 Market Positioning
13. Global Energy & Utility Analytics Market - Key Company Profiles
-- International Business Machines Corporation
-- Oracle Corporation
-- Buildingiq, Inc.
-- Capgemini SE
-- Energysavvy Inc.
-- Infosys limited
-- SAP SE
-- SAS Institute Inc.
-- Wegowise, Inc.
-- Wipro Limited
For more information about this report visit https://www.researchandmarkets.com/research/b4mlrb/global_energy_and?w=5
Did you know that we also offer Custom Research? Visit our Custom Research page to learn more and schedule a meeting with our Custom Research Manager.
Media Contact:
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
SOURCE Research and Markets
