Research & Markets: Global Smart Grid Data Analytics Market 2015-2019 with Accenture, AutoGrid, Itron, Sensus & Silver Spring...
31 January 2015 - 6:24AM
Business Wire
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:
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- Introduction
- Market Landscape
- Market Segmentation by Application
- Geographical Segmentation
- Key Leading Countries
- Buying Criteria
- Market Growth Drivers
- Drivers and their Impact
- Market Challenges
- Impact of Drivers and Challenges
- Market Trends
- Trends and their Impact
- Vendor Landscape
- Key Vendor Analysis
For more information visit
http://www.researchandmarkets.com/research/5w9hgb/global_smart_grid
Research and MarketsLaura Wood, Senior
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U.S.): +353-1-481-1716Sector: Energy and Natural Resources