Growth in Business Need for Operational Efficiency & Risk Mitigation Expected to Drive Global Energy & Utility Analytics Market: Ken Research REQUEST FOR SAMPLE REPORT Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Buy Now Energy and Utilities analytics are utilized by companies to track the power consumption of their customers using technology. The introduction of smart grids and smart meters has enabled energy and utility providers to allocate services efficiently & reduce costs. The rising adoption of cloud-based technology, big data analytics, and an increase in the use of open-source technologies by various industries which are emphasizing growing business revenues create a lucrative demand for this market. According to the study, “Global Energy and Utility Analytics Market to reach USD 6.4 billion by 2026” the key companies operating in the global energy & utility analytics market are International Business Machines (IBM) Corporation, General Electric Company, Oracle Corporation, ABB Ltd., Ericsson Wipro Limited, Capgemini SE, Schneider Electric, SAP SE, SAS Institute Inc., Tibco Software Inc., Infosys Limited, Eaton Corporation, Energysavvy Inc., and Wegowise Inc. Based on the component, the energy & utility analytics market is segmented as a solution and services. The solution segment is further sub-segmented as software and platform. The services segment is further sub-segmented as professional services and managed services. Professional services include deployment & integration, consulting services, support & maintenance services, and other services. Based on the application, the market is segmented as downstream applications, midstream applications, and upstream applications. Midstream applications include grid analytics, logistics & supply chain analytics and storage optimization analytics. Additionally, the upstream application includes production planning & forecasting analytics, exploration & drilling analytics, workforce management analytics, field surveillance analytics, and predictive asset analytics. Based on the deployment model, the market is segmented as hosted and on-premises. In addition, based on industry vertical, the market is segmented as utilities vertical and energy oil & gas vertical. The energy & utility analytics market is driven by growth in business need for operational efficiency & risk mitigation, followed by a rise in adoption of smart meters to enable 2-way communication between companies & customers, growth in prioritization of power generation planning & rise in need for accurate forecasting and increase in investment in digital channels to improve customer processes, experience, and perceived customer value. However, growth in Technological & analytical skills gaps within the existing workforce, legacy database technologies limiting the utility effectiveness and stringent government rules & regulations may impact the market. Moreover, the rise in internet penetration & growth in the adoption of Internet-of-Things (IoT) devices and an increase in investments in smart grid & advanced metering infrastructure are key opportunities for the market. Based on geography, the North-American region holds a major share in the global energy & utility analytics market owing to rise in advancements in IoT coupled with growth in demand forbid data analytics, cloud-based technologies and government policies in the region. Whereas, the Asian-Pacific and European regions are anticipated to witness higher growth rate due to flexible policies of governments in developing countries and ever-expanding digital industry over the forecast period. The global energy and the utility analytics market is valued approximately at the US $2.3 billion in 2018 and is expected to grow with a CAGR of more than 13.5% over the forecast period 2019 to 2026. For More Information on the Research Report, refer to below links: – Global Energy & Utility Analytics Market Related Report: – Marketing Analytics Software Market for Social Media Marketing, Email Marketing, SEO Marketing, Pay per Click Marketing, Display Marketing, Video Marketing, and Content Marketing Application for Retail, Energy & Utility, BFSI, Healthcare, Media & Entertainment and Other Verticals: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2016 – 2022. Contact Us: – Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249 Tags: Asia Pacific Energy & Utility Analytics Market, Europe Energy & Utility Analytics Market Share, Global Energy & Utility Analytics Industry, Global Energy & Utility Analytics Industry Research Report, Global Energy & Utility Analytics Market, Global Energy & Utility Analytics Market Analysis, Global Energy & Utility Analytics Market Forecast, Global Energy & Utility Analytics Market Future Outlook, Global Energy & Utility Analytics Market Growth Rate, Global Energy & Utility Analytics Market Major Players, Global Energy & Utility Analytics Market Research Report, Global Energy & Utility Analytics Market Revenue, Global Energy & Utility Analytics Market Share, Global Energy & Utility Analytics Market Size, Latin America Energy & Utility Analytics Market, Middle East Energy & Utility Analytics Market, North America Energy & Utility Analytics Market