Research and Markets (http://www.researchandmarkets.com/research/5w9hgb/global_smart_grid) has announced the addition of the "Global Smart Grid Data Analytics Market 2015-2019" report to their offering.

The Global Smart Grid Data Analytics Market to grow at a CAGR of 20% over the period 2014-2019.

Data management had not been a major concern for the power utilities in the past and the customer related fields such as metering and billing had been the only data intensive elements prior to the development of smart grids. In order to improve the amount as well as the quality of data, SCADA and AMI systems were developed which ultimately bettered the quality of data which utilities had on supply and generation end.

With the fast development of smart grids and smart grid-related equipment and solutions, the major concern for the power utilities is the management of data generated by these smart grid applications. With increase in the smart grid deployments, smart grid data analytics will become essential and vital to manage the large chunks of data.

One key trend in the market is the increase in the installation of smart energy meters. Power utilities worldwide are investing to change the way data are transmitted to and collected from consumers through various communication networks. AMI-enabled meters are being deployed to facilitate two-way communication between utilities and consumers.

According to the report, one of the major drivers of the market is the growth in the deployment of smart grid. There are several large-scale projects being undertaken by global companies for smart grid development.

Further, the report states that one of the key challenges in this market is the lack of industry standards. Regulatory authorities worldwide follow an array of common standards to bring in more consistency and steadiness within the Global Smart Grid Data Analytics market, as the absence of such standards would create issues during the interoperability of metering systems.

Key Vendors

  • Accenture
  • AutoGrid
  • Itron
  • Sensus
  • Silver Spring Networks

Other Prominent Vendors

  • IBM
  • Infosys
  • Microsoft
  • SAP
  • Verizon

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. Impact of Drivers and Challenges
  15. Market Trends
  16. Trends and their Impact
  17. Vendor Landscape
  18. Key Vendor Analysis

For more information visit http://www.researchandmarkets.com/research/5w9hgb/global_smart_grid

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