Global Smart Grid Data Analytics Market 2020-2027 by Component (Solutions, Services), Deployment (Cloud-based, On-premise, Hybrid), Application, End User, and Region: Trend Outlook and Growth Opportunity
Global smart grid data analytics market will reach $4,664.2 million by 2027, growing by 11.8% annually over 2020-2027 driven by the increasing smart grid investments, the surge in the rate of integration of renewable energy to the existing grids, and technological advancement.
Highlighted with 83 tables and 78 figures, this 157-page report “Global Smart Grid Data Analytics Market 2020-2027 by Component (Solutions, Services), Deployment (Cloud-based, On-premise, Hybrid), Application, End User, and Region: Trend Outlook and Growth Opportunity” is based on a comprehensive research of the entire global smart grid data analytics market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2017-2019 and provides estimate/forecast from 2020 till 2027 with 2019 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify global smart grid data analytics market in every aspect of the classification from perspectives of Component, Deployment, Application, End User, and Region.
Based on Component, the global market is segmented into the following sub-markets with annual revenue for 2017-2027 included in each section.
• Solutions
o Transmission and Distribution (T&D) Network
o Metering
o Customer Analytics
• Services
o Professional Services
o Support & Maintenance Services
Based on Deployment, the global market is segmented into the following sub-markets with annual revenue for 2017-2027 included in each section.
• Cloud-based Systems
• On-premise Systems
• Hybrid Systems
Based on Application, the global market is segmented into the following sub-markets with annual revenue for 2017-2027 included in each section.
• Grid Optimization Analysis
• Advanced Metering Infrastructure Analysis
• Asset Management
• Demand Response Analytics
• Other Applications
Based on End User, the global market is segmented into the following sub-markets with annual revenue for 2017-2027 included in each section.
• Large Enterprises
• Small & Medium Enterprises
• Public Sector
Geographically, the following regions together with the listed national/local markets are fully investigated:
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
• North America (U.S., Canada, and Mexico)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (UAE, Saudi Arabia, South Africa)
For each aforementioned region and country, detailed analysis and data for annual revenue are available for 2017-2027. The breakdown of all regional markets by country and split of key national markets by Deployment, Application, and End User over the forecast years are also included.
The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Key Players (this may not be a complete list and extra companies can be added upon request):
Accenture PLC
Amdocs Corporation
AutoGrid Systems Inc.
General Electric Company
Hitachi Ltd
HP Development Company LP
IBM Corporation
Itron Inc.
Landis & Gyr Group AG
Opower, Inc.
Oracle Corporation
SAP SE
SAS Institute Inc.
Schneider Electric SE
Sensus USA Inc. (Xylem Inc.)
Siemens AG
Tantalus System Corporation
Uplight Inc.
Uptake Technologies Inc.
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
1 Introduction 8
1.1 Industry Definition and Research Scope 8
1.1.1 Industry Definition 8
1.1.2 Research Scope 9
1.2 Research Methodology 12
1.2.1 Overview of Market Research Methodology 12
1.2.2 Market Assumption 13
1.2.3 Secondary Data 13
1.2.4 Primary Data 13
1.2.5 Data Filtration and Model Design 14
1.2.6 Market Size/Share Estimation 15
1.2.7 Research Limitations 16
1.3 Executive Summary 17
2 Market Overview and Dynamics 19
2.1 Market Size and Forecast 19
2.1.1 Impact of COVID-19 on World Economy 20
2.1.2 Impact of COVID-19 on the Market 22
2.2 Major Growth Drivers 24
2.3 Market Restraints and Challenges 28
2.4 Emerging Opportunities and Market Trends 31
2.5 Porter’s Fiver Forces Analysis 35
3 Segmentation of Global Market by Component 39
3.1 Market Overview by Component 39
3.2 Solutions 41
3.2.1 Transmission and Distribution (T&D) Network 42
3.2.2 Metering 43
3.3.3 Customer Analytics 44
3.3 Services 45
3.3.1 Professional Services 46
3.3.2 Support & Maintenance Services 47
4 Segmentation of Global Market by Deployment 48
4.1 Market Overview by Deployment 48
4.2 Cloud-based Systems 50
4.3 On-premise Systems 51
4.4 Hybrid Systems 52
5 Segmentation of Global Market by Application 53
5.1 Market Overview by Application 53
5.2 Grid Optimization Analysis 55
5.3 Advanced Metering Infrastructure Analysis 56
5.4 Asset Management 57
5.5 Demand Response Analytics 58
5.6 Other Applications 59
6 Segmentation of Global Market by End User 60
6.1 Market Overview by End User 60
6.2 Large Enterprises 62
6.3 Small & Medium Enterprises 63
6.4 Public Sector 64
7 Segmentation of Global Market by Region 65
7.1 Geographic Market Overview 2020-2027 65
7.2 North America Market 2020-2027 by Country 69
7.2.1 Overview of North America Market 69
7.2.2 U.S. 72
7.2.3 Canada 75
7.2.4 Mexico 77
7.3 European Market 2020-2027 by Country 79
7.3.1 Overview of European Market 79
7.3.2 UK 82
7.3.3 France 84
7.3.4 Germany 86
7.3.5 Spain 88
7.3.6 Italy 90
7.3.7 Russia 92
7.3.8 Rest of European Market 94
7.4 Asia-Pacific Market 2020-2027 by Country 96
7.4.1 Overview of Asia-Pacific Market 96
7.4.2 China 99
7.4.3 Japan 101
7.4.4 India 104
7.4.5 Australia 106
7.4.6 South Korea 108
7.4.7 Rest of APAC Region 110
7.5 South America Market 2020-2027 by Country 112
7.5.1 Argentina 115
7.5.2 Brazil 117
7.5.3 Chile 119
7.5.4 Rest of South America Market 121
7.6 MEA Market 2020-2027 by Country 122
7.6.1 UAE 125
7.6.2 Saudi Arabia 127
7.6.3 South Africa 129
7.6.4 Other National Markets 131
8 Competitive Landscape 132
8.1 Overview of Key Vendors 132
8.2 New Product Launch, Partnership, Investment, and M&A 136
8.3 Company Profiles 137
Accenture PLC 137
Amdocs Corporation 139
AutoGrid Systems Inc. 140
General Electric Company 141
Hitachi Ltd 142
HP Development Company LP 143
IBM Corporation 144
Itron Inc. 145
Landis & Gyr Group AG 146
Opower, Inc. 147
Oracle Corporation 148
SAP SE 149
SAS Institute Inc. 150
Schneider Electric SE 151
Sensus USA Inc. (Xylem Inc.) 152
Siemens AG 153
Tantalus System Corporation 154
Uplight Inc. 155
Uptake Technologies Inc. 156
Related Reports and Products 157
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
| Historical Data (2015-2019) |
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
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