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Smart Grid Analytics Market Size, Share, Growth Analysis, by Offering (Meter Analytics, Reliability Analytics, Services), Application (AMI, Load Forecasting, Demand Response, Grid Optimization), Analytics Type and Region - Industry Forecast to 2029

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    Report

  • 312 Pages
  • June 2024
  • Region: Global
  • Markets and Markets
  • ID: 5979327
Description Jump to:
The smart grid analytics market is projected to grow from USD 7.9 billion in 2024 to USD 14.3 billion by 2029, at a compound annual growth rate (CAGR) of 12.4% during the forecast period. Market is anticipated to grow due to the surge in the deployment of intelligent metering systems, growing incidence of aging power grid infrastructure and increasing pursuit of energy efficiency and eco-friendly solutions.

By application, distributed energy resources management systems (DERMS) segment is expected to register the fastest market growth rate during the forecast period.

Distributed Energy Resources Management Systems (DERMS) are set to experience the fastest growth in the smart grid analytics market due to the increasing integration of renewable energy sources like solar and wind. As utilities and grid operators seek to optimize the performance and reliability of decentralized energy resources, DERMS provide essential tools for real-time monitoring, control, and analytics. This demand is driven by regulatory pressures for cleaner energy and the need for grid stability, making DERMS a crucial component in modernizing and managing the evolving energy landscape.

by analytics type, predictive maintenance segment is expected to account for the largest market share during the forecast period.

Predictive maintenance analytics type will hold the largest market share in the smart grid analytics market due to its critical role in enhancing grid reliability and reducing operational costs. By leveraging advanced data analytics and machine learning, predictive maintenance enables utilities to anticipate and address equipment failures before they occur, minimizing downtime and repair costs. This proactive approach not only improves the efficiency and lifespan of grid infrastructure but also supports regulatory compliance and customer satisfaction, making it an indispensable component for utilities worldwide.

By Region, Asia Pacific is slated to grow at the fastest rate and North America to have the largest market share during the forecast period.

The Asia Pacific region is expected to exhibit the fastest growth rate in the smart grid analytics market due to rapid urbanization, increasing energy demand, and government initiatives promoting smart grid technologies. Countries like China, Japan, South Korea, and India are investing heavily in modernizing their energy infrastructures, driving the adoption of smart grid analytics to improve grid efficiency, reliability, and sustainability. Additionally, the region's expanding renewable energy sector and efforts to integrate distributed energy resources further boost demand for advanced analytics solutions.

On the other hand, North America is poised to maintain the largest market share in the smart grid analytics market due to its early adoption of smart grid technologies, stringent regulatory standards, and significant investments in grid modernization. The region's mature energy infrastructure and focus on enhancing grid resilience against natural disasters and cybersecurity threats also contribute to its leadership position. Market players can capitalize on these dynamics by tailoring their offerings to address specific regional requirements, such as grid reliability in North America and scalability in Asia Pacific, to effectively capture market share and drive growth.

Breakdown of primaries

In-depth interviews were conducted with Chief Executive Officers (CEOs), innovation and technology directors, system integrators, and executives from various key organizations operating in the smart grid analytics market.
  • By Company: Tier I - 35%, Tier II - 45%, and Tier III - 20%
  • By Designation: C-Level Executives - 35%, D-Level Executives - 25%, and others - 40%
  • By Region: North America - 40%, Europe - 30%, Asia Pacific - 20%, Middle East & Africa - 5%, and Latin America - 5%
The report includes the study of key players offering smart grid analytics solutions and services. It profiles major vendors in the smart grid analytics market. The major players in the smart grid analytics market include Siemens (Germany), IBM (US), Oracle (US), Schneider Electric (France), GE Vernova (US), Landis+Gyr (Switzerland), Capgemini (France), Infosys (India), SAP (Germany), Honeywell (US), Accenture (Ireland), SAS Institute (US), Itron (US), Autogrid Systems (US), Hive Power (Switzerland), eSmart Systems (Norway), SteamaCo (UK), Grid4C (US), Globema (Poland), SparkMeter (US), Innwatts (US), Amperon (US), Kevala (US), GridPoint (US), Safegrid (Finland), Sentient Energy (US).

Research coverage

This research report categorizes the Smart grid analytics Market by Offering (Software and Services), Software By Type (Meter Analaytics, Operational Analytics, Reliability Analytics), Software By Deployment Mode (Cloud and On-premises), By Services (Professional Services [Training & Consulting, System Integration & Deployment, and Support & Maintenance] and Managed Services), By Organization Size (Small & Medium Businesses and Large Enterprises), By Application (AMI Analytics, Load Forecasting & Demand Response, Grid Optimization, Monitoring, & Management, Distributed Energy Resources Management System, Predictive Maintenance, Energy Theft Detection & Cybersecurity, Voltage, Frequency, & Stability Management, Customer Engagement & Analytics, Visual Analytics, Outage Management & Fault Detection, and Other Applications [Network Management, Capacity Planning, and Microgrid Management]) By Analytics Type (Descriptive Analytics, Diagnostic Analytics, Predictive Analytics, and Prescriptive Analytics), and By Region (North America, Europe, Asia Pacific, Middle East & Africa, and Latin America). The scope of the report covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the smart grid analytics market. A detailed analysis of the key industry players has been done to provide insights into their business overview, solutions, and services; key strategies; contracts, partnerships, agreements, new product & service launches, mergers and acquisitions, and recent developments associated with the smart grid analytics market. Competitive analysis of upcoming startups in the smart grid analytics market ecosystem is covered in this report.

Key Benefits of Buying the Report

The report would provide the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall smart grid analytics market and its subsegments. It would help stakeholders understand the competitive landscape and gain more insights better to position their business and plan suitable go-to-market strategies. It also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:

  • Analysis of key drivers (increasing adoption of smart meters, rising number of aging grid infrastructure, growing demand for energy efficiency and sustainability), restraints (shortage of skilled workforce professionals, interoperability constraints, High initial investment and implementation costs), opportunities (boost to the growing smart city initiatives, improved renewable energy integration, Enhanced demand response management), and challenges (data management complexity associated with smart grids, cybersecurity threats, lack of standardization in smart grid analytics landscape).
  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the smart grid analytics market.
  • Market Development: Comprehensive information about lucrative markets - the report analyses the smart grid analytics market across varied regions.
  • Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the smart grid analytics market.
  • Competitive Assessment: In-depth assessment of market shares, growth strategies and service offerings of leading players like Siemens (Germany), IBM (US), Oracle (US), Schneider Electric (France), GE Vernova (US), Landis+Gyr (Switzerland), Capgemini (France), Infosys (India), SAP (Germany), Honeywell (US), Accenture (Ireland), SAS Institute (US), Itron (US), among others in the smart grid analytics market. The report also helps stakeholders understand the pulse of the smart grid analytics market and provides them with information on key market drivers, restraints, challenges, and opportunities.

Table of Contents

1 Introduction
1.1 Study Objectives
1.2 Market Definition
1.2.1 Inclusions and Exclusions
Table 1 Inclusions and Exclusions
1.3 Market Scope
1.3.1 Market Segmentation
Figure 1 Smart Grid Analytics Market Segmentation
1.3.2 Regions Covered
Figure 2 Smart Grid Analytics Market Segmentation
1.3.3 Years Considered
Figure 3 Study Years Considered
1.4 Currency Considered
Table 2 USD Exchange Rates, 2019-2023
1.5 Stakeholders
1.6 Summary of Changes
1.6.1 Impact of Recession
2 Research Methodology
2.1 Research Data
Figure 4 Smart Grid Analytics Market: Research Design
2.1.1 Secondary Data
2.1.2 Primary Data
Table 3 Primary Interviews
2.1.2.1 Breakup of Primary Profiles
Figure 5 Breakup of Primary Profiles, by Company Type, Designation, and Region
2.1.2.2 Key Industry Insights
Figure 6 Key Insights from Industry Experts
2.2 Market Size Estimation
Figure 7 Smart Grid Analytics Market: Top-Down and Bottom-Up Approaches
2.2.1 Top-Down Approach
2.2.2 Bottom-Up Approach
Figure 8 Approach 1 (Bottom-Up; Supply-Side): Revenue from Solutions/ Services of Smart Grid Analytics Market
Figure 9 Approach 1 (Bottom-Up; Supply-Side): Collective Revenue from All Solutions/Services of Smart Grid Analytics Market
Figure 10 Approach 1 (Bottom-Up; Supply-Side): Step-Wise Methodology with Respective Sources
Figure 11 Approach 2 (Bottom-Up; Demand-Side): Share of Smart Grid Analytics Through Overall IT Spending of End-users
2.3 Data Triangulation
Figure 12 Data Triangulation
2.4 Market Forecast
Table 4 Factor Analysis
2.5 Research Assumptions
Table 5 Assumptions
2.6 Study Limitations
Figure 13 Study Limitations
2.7 Implications of Recession on Smart Grid Analytics Market
Table 6 Impact of Recession on Global Smart Grid Analytics Market
3 Executive Summary
Table 7 Global Smart Grid Analytics Market Size and Growth Rate, 2020-2023 (USD Million, Y-O-Y)
Table 8 Global Smart Grid Analytics Market Size and Growth Rate, 2024-2029 (USD Million, Y-O-Y)
Figure 14 Smart Grid Analytics Software to Account for Larger Market Than Services in 2024
Figure 15 Operational Analytics to be Largest Market Among Software Types in 2024
Figure 16 Cloud to Become Leading Software Deployment Mode in 2024
Figure 17 Professional Services to Register Larger Market Share Than Managed Services in 2024
Figure 18 Training & Consulting Services to be Largest Professional Services Segment in 2024
Figure 19 Large Enterprises to Account for Majority Market Share in 2024
Figure 20 Predictive Analytics to be Leading Segment in 2024
Figure 21 Distributed Energy Resources Management Systems to Emerge as Fastest-Growing Application During Forecast Period
Figure 22 Asia-Pacific to Register Fastest Growth Rate Between 2024 and 2029
4 Premium Insights
4.1 Attractive Opportunities in Smart Grid Analytics Market
Figure 23 Rise in Demand for Energy Efficiency & Sustainability and Number of Aging Grid Infrastructures to Drive Market Growth
4.2 Smart Grid Analytics Market: Top Three Applications
Figure 24 Distributed Energy Resources Management Systems Segment to Account for Highest Growth Rate During the Forecast Period
4.3 North America: Smart Grid Analytics Market, by Software Type and Application
Figure 25 Operational Analytics and Grid Optimization, Monitoring, and Management to be Largest Segments in North American Market in 2024
4.4 Smart Grid Analytics Market, by Region
Figure 26 North America to Account for Largest Market Share in 2024
5 Market Overview and Industry Trends
5.1 Introduction
5.2 Market Dynamics
Figure 27 Smart Grid Analytics Market: Drivers, Restraints, Opportunities, and Challenges
5.2.1 Drivers
5.2.1.1 Increase in Adoption of Smart Meters to Monitor Energy Consumption
Figure 28 Global Smart Meter (Electricity, Gas, & Water) Adoption, 2014-2020 (Million)
5.2.1.2 Rise in Number of Aging Grid Infrastructure
Figure 29 Global Investments in Smart Grids, 2023 (USD Billion)
5.2.1.3 Growth in Demand for Energy Efficiency and Sustainability
5.2.2 Restraints
5.2.2.1 Shortage of Skilled Professionals
5.2.2.2 Interoperability Constraints
5.2.2.3 High Initial Investment and Implementation Costs
5.2.3 Opportunities
5.2.3.1 Growth in Smart City Initiatives
5.2.3.2 Improved Renewable Energy Integration
5.2.3.3 Enhanced Demand Response Management (Drm)
5.2.4 Challenges
5.2.4.1 Data Management Complexity Associated with Smart Grids
5.2.4.2 Cybersecurity Threats
Figure 30 Estimated Annual Cost of Cybercrime, 2018-2023 (USD Trillion)
5.2.4.3 Lack of Standardization in Smart Grid Analytics Landscape
5.3 Smart Grid Communication Network Levels
Figure 31 Communication Networks of Smart Grid
5.3.1 Wide Area Network (Wan)
5.3.2 Field Area Network (Fan)
5.3.3 Home Area Network (Han)
5.4 Supply Chain Analysis
Figure 32 Smart Grid Analytics Market: Supply Chain Analysis
Table 9 Smart Grid Analytics Market: Supply Chain Analysis
5.5 Ecosystem Analysis
Table 10 Smart Grid Analytics Market: Ecosystem
Figure 33 Key Players in Smart Grid Analytics Market Ecosystem
5.5.1 Smart Grid Analytics Software Providers
5.5.2 Smart Grid Analytics Service Providers
5.5.3 Cybersecurity Service Providers
5.5.4 System Integrators
5.5.5 End-users
5.5.6 Government & Regulatory Bodies
5.6 Case Study Analysis
5.6.1 Tampa Electric Used Itron's Expertise to Explore Value of Distributed Intelligence
5.6.2 Gexa Energy Partnered with Autogrid to Offer New Demand Response Programs in Ercot
5.6.3 Aem Educated and Empowered Consumers by Making Them Actively Responsible for Their Own Energy Savings
5.6.4 Data Analytics by Siemens Led to Better Grid Load Prediction for Konstant (Nrgi)
5.6.5 Oracle Utilities Nms Provided with More Holistic View of Network for Better Decision-Making
5.7 Technology Analysis
5.7.1 Key Technologies
5.7.1.1 Advanced Metering Infrastructure (Ami)
5.7.1.2 Supervisory Control and Data Acquisition (Scada) Systems
5.7.1.3 Distributed Energy Resource Management Systems (Derms)
5.7.1.4 Big Data Analytics
5.7.1.5 Grid Cybersecurity
5.7.2 Complementary Technologies
5.7.2.1 Internet of Things (IoT)
5.7.2.2 Blockchain
5.7.2.3 Geographical Information Systems (Gis)
5.7.2.4 Edge Computing
5.7.3 Adjacent Technologies
5.7.3.1 Advanced Demand Forecasting
5.7.3.2 Non-Intrusive Load Monitoring (Nilm)
5.7.3.3 Vehicle-To-Grid (V2G)
5.7.3.4 Energy Storage Systems
5.8 Regulatory Landscape
5.8.1 Regulatory Bodies, Government Agencies, and Other Organizations
Table 11 North America: List of Regulatory Bodies, Government Agencies, and Other Organizations
Table 12 Europe: List of Regulatory Bodies, Government Agencies, and Other Organizations
Table 13 Asia-Pacific: List of Regulatory Bodies, Government Agencies, and Other Organizations
Table 14 Middle East & Africa: List of Regulatory Bodies, Government Agencies, and Other Organizations
Table 15 Latin America: List of Regulatory Bodies, Government Agencies, and Other Organizations
5.8.2 Regulations: Smart Grid Analytics
5.8.2.1 North America
5.8.2.1.1 US: Energy Independence and Security Act (Eisa) of 2007
5.8.2.1.2 American Recovery and Reinvestment Act (Arra) of 2009
5.8.2.1.3 Canada: Green Energy Act (Gea) of 2009
5.8.2.2 Europe
5.8.2.2.1 Clean Energy for All Europeans Package
5.8.2.2.2 The Renewable Energy Directive (Red II)
5.8.2.2.3 Eu Energy Efficiency Directive 2012
5.8.2.3 Asia-Pacific
5.8.2.3.1 India: National Smart Grid Mission (Nsgm)
5.8.2.3.2 Japan: Energy Conservation Law (Amendments in 2019)
5.8.2.4 Middle East & Africa
5.8.2.4.1 Saudi Arabia: National Renewable Energy Program (Nrep)
5.8.2.4.2 South Africa: Integrated Resource Plan (Irp) 2019
5.8.2.4.3 Egypt: Electricity Law No. 87 of 2015
5.8.2.5 Latin America
5.8.2.5.1 Mexico: Energy Transition Law (Ley De Transición Energética) of 2015
5.8.2.5.2 Chile: Law 20.571 on Net Billing for Distributed Generation (2012)
5.9 Patent Analysis
5.9.1 Methodology
5.9.2 Patents Filed, by Document Type
Table 16 Patents Filed, 2013-2023
5.9.3 Innovation and Patent Applications
Figure 34 Number of Patents Granted in Last 10 Years, 2013-2023
5.9.3.1 Top 10 Applicants in Smart Grid Analytics Market
Figure 35 Top 10 Applicants in Smart Grid Analytics Market, 2013-2023
Table 17 Top 20 Patent Owners in Smart Grid Analytics Market, 2013-2023
Table 18 List of Few Patents in Smart Grid Analytics Market, 2022-2023
Figure 36 Regional Analysis of Patents Granted, 2013-2023
5.10 Porter's Five Forces Analysis
Table 19 Impact of Porter's Five Forces on Smart Grid Analytics Market
Figure 37 Smart Grid Analytics Market: Porter's Five Forces Analysis
5.10.1 Threat of New Entrants
5.10.2 Threat of Substitutes
5.10.3 Bargaining Power of Suppliers
5.10.4 Bargaining Power of Buyers
5.10.5 Intensity of Competition Rivalry
6 Smart Grid Analytics Market, by Offering
6.1 Introduction
6.1.1 Offering: Smart Grid Analytics Market Drivers
Figure 38 Smart Grid Analytics Services to Register Higher CAGR During Forecast Period
Table 20 Smart Grid Analytics Market, by Offering, 2019-2023 (USD Million)
Table 21 Smart Grid Analytics Market, by Offering, 2024-2029 (USD Million)
6.2 Software
Table 22 Smart Grid Analytics Software Market, by Region, 2019-2023 (USD Million)
Table 23 Smart Grid Analytics Software Market, by Region, 2024-2029 (USD Million)
6.2.1 Software Market, by Type
Figure 39 Operational Analytics to be Subsegment Share of Smart Grid Analytics Market for Software Type
Table 24 Smart Grid Analytics Software Market, by Type, 2019-2023 (USD Million)
Table 25 Smart Grid Analytics Software Market, by Type, 2024-2029 (USD Million)
6.2.1.1 Meter Analytics
6.2.1.1.1 Analyzing Energy Consumption Data to Provide Utility Companies with Deep Insights into Consumer Behavior and Usage Patterns
Table 26 Meter Analytics Software Market, by Region, 2019-2023 (USD Million)
Table 27 Meter Analytics Software Market, by Region, 2024-2029 (USD Million)
6.2.1.2 Operational Analytics
6.2.1.2.1 Utilities’ Need to Monitor Grid Performance and Identify Inefficiencies in Smart Grid
Table 28 Operational Analytics Software Market, by Region, 2019-2023 (USD Million)
Table 29 Operational Analytics Software Market, by Region, 2024-2029 (USD Million)
6.2.1.3 Reliability Analytics
6.2.1.3.1 Increase in Complexity of Modern Grids and Need to Integrate Diverse Energy Sources
Table 30 Reliability Analytics Software Market, by Region, 2019-2023 (USD Million)
Table 31 Reliability Analytics Software Market, by Region, 2024-2029 (USD Million)
6.2.2 Software Market, by Deployment Mode
Figure 40 Cloud Segment to Register Higher CAGR During Forecast Period
Table 32 Smart Grid Analytics Software Market, by Deployment Mode, 2019-2023 (USD Million)
Table 33 Smart Grid Analytics Software Market, by Deployment Mode, 2024-2029 (USD Million)
6.2.2.1 Cloud
6.2.2.1.1 Enabling Faster Deployment of Smart Grid Solutions and Integration of Advanced AI Technologies
Table 34 Cloud-based Smart Grid Analytics Software Market, by Region, 2019-2023 (USD Million)
Table 35 Cloud-based Smart Grid Analytics Software Market, by Region, 2024-2029 (USD Million)
6.2.2.2 On-Premises
6.2.2.2.1 Options to Tailor Smart Grid Analytics Solutions and Integrate Them Seamlessly with Existing Systems
Table 36 On-Premise Smart Grid Analytics Software Market, by Region, 2019-2023 (USD Million)
Table 37 On-Premise Smart Grid Analytics Software Market, by Region, 2024-2029 (USD Million)
6.3 Services
Figure 41 Managed Services Segment to Register Higher CAGR in Smart Grid Analytics Market for Services During Forecast Period
Table 38 Smart Grid Analytics Market, by Service, 2019-2023 (USD Million)
Table 39 Smart Grid Analytics Market, by Service, 2024-2029 (USD Million)
Table 40 Smart Grid Analytics Services Market, by Region, 2019-2023 (USD Million)
Table 41 Smart Grid Analytics Services Market, by Region, 2024-2029 (USD Million)
6.3.1 Professional Services
6.3.1.1 Requirement Assessment and Customized Implementation and Assistance with Deployment of Smart Grid Analytics Solutions
Figure 42 System Integration & Deployment Subsegment to Register Highest CAGR During Forecast Period
Table 42 Smart Grid Analytics Services Market, by Professional Service, 2019-2023 (USD Million)
Table 43 Smart Grid Analytics Services Market, by Professional Service, 2024-2029 (USD Million)
Table 44 Smart Grid Analytics Professional Services Market, by Region, 2019-2023 (USD Million)
Table 45 Smart Grid Analytics Professional Services Market, by Region, 2024-2029 (USD Million)
6.3.1.2 Training & Consulting Services
Table 46 Smart Grid Analytics Training & Consulting Services Market, by Region, 2019-2023 (USD Million)
Table 47 Smart Grid Analytics Training & Consulting Services Market, by Region, 2024-2029 (USD Million)
6.3.1.3 System Integration & Deployment Services
Table 48 Smart Grid Analytics System Integration & Deployment Services Market, by Region, 2019-2023 (USD Million)
Table 49 Smart Grid Analytics System Integration & Deployment Services Market, by Region, 2024-2029 (USD Million)
6.3.1.4 Support & Maintenance Services
Table 50 Smart Grid Analytics Support & Maintenance Services Market, by Region, 2019-2023 (USD Million)
Table 51 Smart Grid Analytics Support & Maintenance Services Market, by Region, 2024-2029 (USD Million)
6.3.2 Managed Services
6.3.2.1 End-To-End Management for Smart Grid Analytics to Help Businesses Focus on Core Competencies
Table 52 Smart Grid Analytics Managed Services Market, by Region, 2019-2023 (USD Million)
Table 53 Smart Grid Analytics Managed Services Market, by Region, 2024-2029 (USD Million)
7 Smart Grid Analytics Market, by Organization Size
7.1 Introduction
7.1.1 Organization Size: Smart Grid Analytics Market Drivers
Figure 43 Small & Medium Businesses to Grow at Highest CAGR During Forecast Period
Table 54 Smart Grid Analytics Market, by Organization Size, 2019-2023 (USD Million)
Table 55 Smart Grid Analytics Market, by Organization Size, 2024-2029 (USD Million)
7.2 Small & Medium Businesses
7.2.1 Growing Adoption of Cloud-based Smart Grid Analytics Platforms Among Smbs
Table 56 Smart Grid Analytics Market for Small & Medium Businesses, by Region, 2019-2023 (USD Million)
Table 57 Smart Grid Analytics Market for Small & Medium Businesses, by Region, 2024-2029 (USD Million)
7.3 Large Enterprises
7.3.1 Advanced Data Analytics and AI to Analyze Vast Amounts of Data Generated by Smart Grids
Table 58 Smart Grid Analytics Market for Large Enterprises, by Region, 2019-2023 (USD Million)
Table 59 Smart Grid Analytics Market for Large Enterprises, by Region, 2024-2029 (USD Million)
8 Smart Grid Analytics Market, by Application
8.1 Introduction
8.1.1 Application: Smart Grid Analytics Market Drivers
Figure 44 Distributed Energy Resources Management Systems to Register Higher CAGR During Forecast Period
Table 60 Smart Grid Analytics Market, by Application, 2019-2023 (USD Million)
Table 61 Smart Grid Analytics Market, by Application, 2024-2029 (USD Million)
8.2 Ami Analytics
8.2.1 Enhancing Customer Engagement and Satisfaction by Utilizing Analytics for Smart Meters
Table 62 Smart Grid Analytics Market in Ami Analytics, by Region, 2019-2023 (USD Million)
Table 63 Smart Grid Analytics Market in Ami Analytics, by Region, 2024-2029 (USD Million)
8.3 Load Forecasting & Demand Response
8.3.1 Anticipation of Demand Fluctuations to Prevent Grid Overloads and Reduce Likelihood of Blackouts
Table 64 Smart Grid Analytics Market in Load Forecasting & Demand Response, by Region, 2019-2023 (USD Million)
Table 65 Smart Grid Analytics Market in Load Forecasting & Demand Response, by Region, 2024-2029 (USD Million)
8.4 Grid Optimization, Monitoring, and Management
8.4.1 Helping Utilities Maintain High Service Reliability while Optimizing Operational Costs and Supporting Environmental Goals
Table 66 Smart Grid Analytics Market in Grid Optimization, Monitoring, and Management, by Region, 2019-2023 (USD Million)
Table 67 Smart Grid Analytics Market in Grid Optimization, Monitoring, and Management, by Region, 2024-2029 (USD Million)
8.5 Distributed Energy Resources Management Systems
8.5.1 Enabling Utilities and Grid Operators to Monitor, Control, and Optimize Performance of These Energy Sources
Table 68 Smart Grid Analytics Market in Distributed Energy Resources Management Systems, by Region, 2019-2023 (USD Million)
Table 69 Smart Grid Analytics Market in Distributed Energy Resources Management Systems, by Region, 2024-2029 (USD Million)
8.6 Predictive Maintenance
8.6.1 Cost Optimization by Reducing Need for Emergency Repairs and Optimizing Resource Allocation
Table 70 Smart Grid Analytics Market in Predictive Maintenance, by Region, 2019-2023 (USD Million)
Table 71 Smart Grid Analytics Market in Predictive Maintenance, by Region, 2024-2029 (USD Million)
8.7 Energy Theft Detection & Cybersecurity
8.7.1 Swift Response to Threats, Mitigation of Risks, and Implementation of Robust Security Measures by Leveraging Advanced Analytics
Table 72 Smart Grid Analytics Market in Energy Theft Detection & Cybersecurity, by Region, 2019-2023 (USD Million)
Table 73 Smart Grid Analytics Market in Energy Theft Detection & Cybersecurity, by Region, 2024-2029 (USD Million)
8.8 Voltage, Frequency, and Stability Management
8.8.1 Maintaining Reliability and Efficiency of Electrical Grid by Employing Smart Grid Analytics
Table 74 Smart Grid Analytics Market in Voltage, Frequency, and Stability Management, by Region, 2019-2023 (USD Million)
Table 75 Smart Grid Analytics Market in Voltage, Frequency, and Stability Management, by Region, 2024-2029 (USD Million)
8.9 Customer Engagement & Analytics
8.9.1 Leveraging Advanced Data Analytics to Gain Insights into Customer Behavior, Preferences, and Energy Consumption Patterns
Table 76 Smart Grid Analytics Market in Customer Engagement & Analytics, by Region, 2019-2023 (USD Million)
Table 77 Smart Grid Analytics Market in Customer Engagement & Analytics, by Region, 2024-2029 (USD Million)
8.10 Visual Analytics
8.10.1 Need to Identify Patterns, Trends, and Anomalies in Energy Consumption
Table 78 Smart Grid Analytics Market in Visual Analytics, by Region, 2019-2023 (USD Million)
Table 79 Smart Grid Analytics Market in Visual Analytics, by Region, 2024-2029 (USD Million)
8.11 Outage Management & Fault Detection
8.11.1 Ability to Quickly Detect Anomalies, Pinpoint Location of Faults, and Predict Potential Failures
Table 80 Smart Grid Analytics Market in Outage Management & Fault Detection, by Region, 2019-2023 (USD Million)
Table 81 Smart Grid Analytics Market in Outage Management & Fault Detection, by Region, 2024-2029 (USD Million)
8.12 Other Applications
Table 82 Smart Grid Analytics Market in Other Applications, by Region, 2019-2023 (USD Million)
Table 83 Smart Grid Analytics Market in Other Applications, by Region, 2024-2029 (USD Million)
9 Smart Grid Analytics Market, by Analytics Type
9.1 Introduction
9.1.1 Analytics Type: Smart Grid Analytics Market Drivers
Figure 45 Prescriptive Analytics Segment to Register Higher CAGR During Forecast Period
Table 84 Smart Grid Analytics Market, by Analytics Type, 2019-2023 (USD Million)
Table 85 Smart Grid Analytics Market, by Analytics Type, 2024-2029 (USD Million)
9.2 Descriptive Analytics
9.2.1 Leveraging Data Aggregation and Data Mining Techniques to Provide Insightful Summaries and Visualizations
Table 86 Smart Grid Descriptive Analytics Market, by Region, 2019-2023 (USD Million)
Table 87 Smart Grid Descriptive Analytics Market, by Region, 2024-2029 (USD Million)
9.3 Diagnostic Analytics
9.3.1 Uncovering Root Causes of Issues Such as Power Outages and Equipment Failures with Diagnostic Analytics
Table 88 Smart Grid Diagnostic Analytics Market, by Region, 2019-2023 (USD Million)
Table 89 Smart Grid Diagnostic Analytics Market, by Region, 2024-2029 (USD Million)
9.4 Predictive Analytics
9.4.1 Enabling Forecasting of Energy Demand, Detecting Anomalies, and Preventing Failures
Table 90 Smart Grid Predictive Analytics Market, by Region, 2019-2023 (USD Million)
Table 91 Smart Grid Predictive Analytics Market, by Region, 2024-2029 (USD Million)
9.5 Prescriptive Analytics
9.5.1 Providing Sophisticated Level of Data Analysis for Actionable Recommendations
Table 92 Smart Grid Prescriptive Analytics Market, by Region, 2019-2023 (USD Million)
Table 93 Smart Grid Prescriptive Analytics Market, by Region, 2024-2029 (USD Million)
10 Smart Grid Analytics Market, by Region
10.1 Introduction
Figure 46 Asia-Pacific to Register Highest CAGR During Forecast Period
Figure 47 India to Register Highest Growth Rate in Smart Grid Analytics Market During Forecast Period
Table 94 Smart Grid Analytics Market, by Region, 2019-2023 (USD Million)
Table 95 Smart Grid Analytics Market, by Region, 2024-2029 (USD Million)
10.2 North America
10.2.1 North America: Smart Grid Analytics Market Drivers
10.2.2 North America: Recession Impact
Figure 48 North America: Smart Grid Analytics Market Snapshot
Table 96 North America: Smart Grid Analytics Market, by Offering, 2019-2023 (USD Million)
Table 97 North America: Smart Grid Analytics Market, by Offering, 2024-2029 (USD Million)
Table 98 North America: Smart Grid Analytics Software Market, by Type, 2019-2023 (USD Million)
Table 99 North America: Smart Grid Analytics Software Market, by Type, 2024-2029 (USD Million)
Table 100 North America: Smart Grid Analytics Software Market, by Deployment Mode, 2019-2023 (USD Million)
Table 101 North America: Smart Grid Analytics Software Market, by Deployment Mode, 2024-2029 (USD Million)
Table 102 North America: Smart Grid Analytics Market, by Service, 2019-2023 (USD Million)
Table 103 North America: Smart Grid Analytics Market, by Service, 2024-2029 (USD Million)
Table 104 North America: Smart Grid Analytics Market, by Organization Size, 2019-2023 (USD Million)
Table 105 North America: Smart Grid Analytics Market, by Organization Size, 2024-2029 (USD Million)
Table 106 North America: Smart Grid Analytics Market, by Application, 2019-2023 (USD Million)
Table 107 North America: Smart Grid Analytics Market, by Application, 2024-2029 (USD Million)
Table 108 North America: Smart Grid Analytics Market, by Analytics Type, 2019-2023 (USD Million)
Table 109 North America: Smart Grid Analytics Market, by Analytics Type, 2024-2029 (USD Million)
Table 110 North America: Smart Grid Analytics Market, by Country, 2019-2023 (USD Million)
Table 111 North America: Smart Grid Analytics Market, by Country, 2024-2029 (USD Million)
10.2.3 US
10.2.3.1 Supportive Government and Regulatory Environment to Provide Significant Boost for Deployment of Smart Grid Technologies
Table 112 US: Smart Grid Analytics Market, by Offering, 2019-2023 (USD Million)
Table 113 US: Smart Grid Analytics Market, by Offering, 2024-2029 (USD Million)
10.2.4 Canada
Table 114 Canada: Smart Grid Analytics Market, by Offering, 2019-2023 (USD Million)
Table 115 Canada: Smart Grid Analytics Market, by Offering, 2024-2029 (USD Million)
10.3 Europe
10.3.1 Europe: Smart Grid Analytics Market Drivers
10.3.2 Europe: Recession Impact
Table 116 Europe: Smart Grid Analytics Market, by Offering, 2019-2023 (USD Million)
Table 117 Europe: Smart Grid Analytics Market, by Offering, 2024-2029 (USD Million)
Table 118 Europe: Smart Grid Analytics Software Market, by Type, 2019-2023 (USD Million)
Table 119 Europe: Smart Grid Analytics Software Market, by Type, 2024-2029 (USD Million)
Table 120 Europe: Smart Grid Analytics Software Market, by Deployment Mode, 2019-2023 (USD Million)
Table 121 Europe: Smart Grid Analytics Software Market, by Deployment Mode, 2024-2029 (USD Million)
Table 122 Europe: Smart Grid Analytics Market, by Service, 2019-2023 (USD Million)
Table 123 Europe: Smart Grid Analytics Market, by Service, 2024-2029 (USD Million)
Table 124 Europe: Smart Grid Analytics Market, by Organization Size, 2019-2023 (USD Million)
Table 125 Europe: Smart Grid Analytics Market, by Organization Size, 2024-2029 (USD Million)
Table 126 Europe: Smart Grid Analytics Market, by Application, 2019-2023 (USD Million)
Table 127 Europe: Smart Grid Analytics Market, by Application, 2024-2029 (USD Million)
Table 128 Europe: Smart Grid Analytics Market, by Analytics Type, 2019-2023 (USD Million)
Table 129 Europe: Smart Grid Analytics Market, by Analytics Type, 2024-2029 (USD Million)
Table 130 Europe: Smart Grid Analytics Market, by Country, 2019-2023 (USD Million)
Table 131 Europe: Smart Grid Analytics Market, by Country, 2024-2029 (USD Million)
10.3.3 UK
10.3.3.1 Active Investment by UK Government as Part of Broader Strategy to Transition to Low-Carbon Economy
Table 132 UK: Smart Grid Analytics Market, by Offering, 2019-2023 (USD Million)
Table 133 UK: Smart Grid Analytics Market, by Offering, 2024-2029 (USD Million)
10.3.4 Germany
10.3.4.1 Energiewende (Energy Transition) Policy Aims to Achieve Renewable, Efficient, and Sustainable Energy System
Table 134 Germany: Smart Grid Analytics Market, by Offering, 2019-2023 (USD Million)
Table 135 Germany: Smart Grid Analytics Market, by Offering, 2024-2029 (USD Million)
10.3.5 France
Table 136 France: Smart Grid Analytics Market, by Offering, 2019-2023 (USD Million)
Table 137 France: Smart Grid Analytics Market, by Offering, 2024-2029 (USD Million)
10.3.6 Italy
Table 138 Italy: Smart Grid Analytics Market, by Offering, 2019-2023 (USD Million)
Table 139 Italy: Smart Grid Analytics Market, by Offering, 2024-2029 (USD Million)
10.3.7 Spain
Table 140 Spain: Smart Grid Analytics Market, by Offering, 2019-2023 (USD Million)
Table 141 Spain: Smart Grid Analytics Market, by Offering, 2024-2029 (USD Million)
10.3.8 Rest of Europe
Table 142 Rest of Europe: Smart Grid Analytics Market, by Offering, 2019-2023 (USD Million)
Table 143 Rest of Europe: Smart Grid Analytics Market, by Offering, 2024-2029 (USD Million)
10.4 Asia-Pacific
10.4.1 Asia-Pacific: Smart Grid Analytics Market Drivers
10.4.2 Asia-Pacific: Recession Impact
Figure 49 Asia-Pacific: Smart Grid Analytics Market Snapshot
Table 144 Asia-Pacific: Smart Grid Analytics Market, by Offering, 2019-2023 (USD Million)
Table 145 Asia-Pacific: Smart Grid Analytics Market, by Offering, 2024-2029 (USD Million)
Table 146 Asia-Pacific: Smart Grid Analytics Software Market, by Type, 2019-2023 (USD Million)
Table 147 Asia-Pacific: Smart Grid Analytics Software Market, by Type, 2024-2029 (USD Million)
Table 148 Asia-Pacific: Smart Grid Analytics Software Market, by Deployment Mode, 2019-2023 (USD Million)
Table 149 Asia-Pacific: Smart Grid Analytics Software Market, by Deployment Mode, 2024-2029 (USD Million)
Table 150 Asia-Pacific: Smart Grid Analytics Market, by Service, 2019-2023 (USD Million)
Table 151 Asia-Pacific: Smart Grid Analytics Market, by Service, 2024-2029 (USD Million)
Table 152 Asia-Pacific: Smart Grid Analytics Market, by Organization Size, 2019-2023 (USD Million)
Table 153 Asia-Pacific: Smart Grid Analytics Market, by Organization Size, 2024-2029 (USD Million)
Table 154 Asia-Pacific: Smart Grid Analytics Market, by Application, 2019-2023 (USD Million)
Table 155 Asia-Pacific: Smart Grid Analytics Market, by Application, 2024-2029 (USD Million)
Table 156 Asia-Pacific: Smart Grid Analytics Market, by Analytics Type, 2019-2023 (USD Million)
Table 157 Asia-Pacific: Smart Grid Analytics Market, by Analytics Type, 2024-2029 (USD Million)
Table 158 Asia-Pacific: Smart Grid Analytics Market, by Country, 2019-2023 (USD Million)
Table 159 Asia-Pacific: Smart Grid Analytics Market, by Country, 2024-2029 (USD Million)
10.4.3 China
10.4.3.1 Heavy Government Investment in Smart Grid Technologies, Including Advanced Analytics
Table 160 China: Smart Grid Analytics Market, by Offering, 2019-2023 (USD Million)
Table 161 China: Smart Grid Analytics Market, by Offering, 2024-2029 (USD Million)
10.4.4 India
10.4.4.1 Urgent Need to Modernize Aging Energy Infrastructure and Meet Rising Energy Demands
Table 162 India: Smart Grid Analytics Market, by Offering, 2019-2023 (USD Million)
Table 163 India: Smart Grid Analytics Market, by Offering, 2024-2029 (USD Million)
10.4.5 Japan
Table 164 Japan: Smart Grid Analytics Market, by Offering, 2019-2023 (USD Million)
Table 165 Japan: Smart Grid Analytics Market, by Offering, 2024-2029 (USD Million)
10.4.6 South Korea
Table 166 South Korea: Smart Grid Analytics Market, by Offering, 2019-2023 (USD Million)
Table 167 South Korea: Smart Grid Analytics Market, by Offering, 2024-2029 (USD Million)
10.4.7 Australia & New Zealand
Table 168 Australia & New Zealand: Smart Grid Analytics Market, by Offering, 2019-2023 (USD Million)
Table 169 Australia & New Zealand: Smart Grid Analytics Market, by Offering, 2024-2029 (USD Million)
10.4.8 Rest of Asia-Pacific
Table 170 Rest of Asia-Pacific: Smart Grid Analytics Market, by Offering, 2019-2023 (USD Million)
Table 171 Rest of Asia-Pacific: Smart Grid Analytics Market, by Offering, 2024-2029 (USD Million)
10.5 Middle East & Africa
10.5.1 Middle East & Africa: Smart Grid Analytics Market Drivers
10.5.2 Middle East & Africa: Recession Impact
Table 172 Middle East & Africa: Smart Grid Analytics Market, by Offering, 2019-2023 (USD Million)
Table 173 Middle East & Africa: Smart Grid Analytics Market, by Offering, 2024-2029 (USD Million)
Table 174 Middle East & Africa: Smart Grid Analytics Software Market, by Type, 2019-2023 (USD Million)
Table 175 Middle East & Africa: Smart Grid Analytics Software Market, by Type, 2024-2029 (USD Million)
Table 176 Middle East & Africa: Smart Grid Analytics Software Market, by Deployment Mode, 2019-2023 (USD Million)
Table 177 Middle East & Africa: Smart Grid Analytics Software Market, by Deployment Mode, 2024-2029 (USD Million)
Table 178 Middle East & Africa: Smart Grid Analytics Market, by Service, 2019-2023 (USD Million)
Table 179 Middle East & Africa: Smart Grid Analytics Market, by Service, 2024-2029 (USD Million)
Table 180 Middle East & Africa: Smart Grid Analytics Market, by Organization Size, 2019-2023 (USD Million)
Table 181 Middle East & Africa: Smart Grid Analytics Market, by Organization Size, 2024-2029 (USD Million)
Table 182 Middle East & Africa: Smart Grid Analytics Market, by Application, 2019-2023 (USD Million)
Table 183 Middle East & Africa: Smart Grid Analytics Market, by Application, 2024-2029 (USD Million)
Table 184 Middle East & Africa: Smart Grid Analytics Market, by Analytics Type, 2019-2023 (USD Million)
Table 185 Middle East & Africa: Smart Grid Analytics Market, by Analytics Type, 2024-2029 (USD Million)
Table 186 Middle East & Africa: Smart Grid Analytics Market, by Country, 2019-2023 (USD Million)
Table 187 Middle East and Africa: Smart Grid Analytics Market, by Country, 2024-2029 (USD Million)
10.5.3 Saudi Arabia
10.5.3.1 Efforts Toward Enhancing Energy Efficiency, Reducing Carbon Emissions, and Incorporating More Renewable Energy Sources
Table 188 Saudi Arabia: Smart Grid Analytics Market, by Offering, 2019-2023 (USD Million)
Table 189 Saudi Arabia: Smart Grid Analytics Market, by Offering, 2024-2029 (USD Million)
10.5.4 Uae
Table 190 Uae: Smart Grid Analytics Market, by Offering, 2019-2023 (USD Million)
Table 191 Uae: Smart Grid Analytics Market, by Offering, 2024-2029 (USD Million)
10.5.5 South Africa
Table 192 South Africa: Smart Grid Analytics Market, by Offering, 2019-2023 (USD Million)
Table 193 South Africa: Smart Grid Analytics Market, by Offering, 2024-2029 (USD Million)
10.5.6 Rest of Middle East & Africa
Table 194 Rest of Middle East & Africa: Smart Grid Analytics Market, by Offering, 2019-2023 (USD Million)
Table 195 Rest of Middle East & Africa: Smart Grid Analytics Market, by Offering, 2024-2029 (USD Million)
10.6 Latin America
10.6.1 Latin America: Smart Grid Analytics Market Drivers
10.6.2 Latin America: Recession Impact
Table 196 Latin America: Smart Grid Analytics Market, by Offering, 2019-2023 (USD Million)
Table 197 Latin America: Smart Grid Analytics Market, by Offering, 2024-2029 (USD Million)
Table 198 Latin America: Smart Grid Analytics Software Market, by Type, 2019-2023 (USD Million)
Table 199 Latin America: Smart Grid Analytics Software Market, by Type, 2024-2029 (USD Million)
Table 200 Latin America: Smart Grid Analytics Software Market, by Deployment Mode, 2019-2023 (USD Million)
Table 201 Latin America: Smart Grid Analytics Software Market, by Deployment Mode, 2024-2029 (USD Million)
Table 202 Latin America: Smart Grid Analytics Market, by Service, 2019-2023 (USD Million)
Table 203 Latin America: Smart Grid Analytics Market, by Service, 2024-2029 (USD Million)
Table 204 Latin America: Smart Grid Analytics Market, by Organization Size, 2019-2023 (USD Million)
Table 205 Latin America: Smart Grid Analytics Market, by Organization Size, 2024-2029 (USD Million)
Table 206 Latin America: Smart Grid Analytics Market, by Application, 2019-2023 (USD Million)
Table 207 Latin America: Smart Grid Analytics Market, by Application, 2024-2029 (USD Million)
Table 208 Latin America: Smart Grid Analytics Market, by Analytics Type, 2019-2023 (USD Million)
Table 209 Latin America: Smart Grid Analytics Market, by Analytics Type, 2024-2029 (USD Million)
Table 210 Latin America: Smart Grid Analytics Market, by Country, 2019-2023 (USD Million)
Table 211 Latin America: Smart Grid Analytics Market, by Country, 2024-2029 (USD Million)
10.6.3 Brazil
10.6.3.1 Proactive Modernizing of Electricity Infrastructure to Improve Efficiency, Reliability, and Sustainability
Table 212 Brazil: Smart Grid Analytics Market, by Offering, 2019-2023 (USD Million)
Table 213 Brazil: Smart Grid Analytics Market, by Offering, 2024-2029 (USD Million)
10.6.4 Mexico
Table 214 Mexico: Smart Grid Analytics Market, by Offering, 2019-2023 (USD Million)
Table 215 Mexico: Smart Grid Analytics Market, by Offering, 2024-2029 (USD Million)
10.6.5 Rest of Latin America
Table 216 Rest of Latin America: Smart Grid Analytics Market, by Offering, 2019-2023 (USD Million)
Table 217 Rest of Latin America: Smart Grid Analytics Market, by Offering, 2024-2029 (USD Million)
11 Competitive Landscape
11.1 Overview
11.2 Key Player Strategies
Table 218 Overview of Strategies Adopted by Key Smart Grid Analytics Vendors
11.3 Revenue Analysis
Figure 50 Top Five Public Players Dominated Market Over Five Years (USD Million)
11.4 Market Share Analysis
Figure 51 Share of Leading Companies in Smart Grid Analytics Market, 2023
Table 219 Smart Grid Analytics Market: Degree of Competition
11.5 Company Evaluation Matrix: Key Players, 2023
11.5.1 Stars
11.5.2 Emerging Leaders
11.5.3 Pervasive Players
11.5.4 Participants
Figure 52 Smart Grid Analytics Market: Company Evaluation Matrix (Key Players), 2023
11.5.5 Company Footprint: Key Players, 2023
11.5.5.1 Company Footprint
Figure 53 Company Footprint (13 Companies), 2023
11.5.5.2 Regional Footprint
Table 220 Regional Footprint (13 Companies), 2023
11.5.5.3 Offering Footprint
Table 221 Offering Footprint (13 Companies), 2023
11.5.5.4 Application Footprint
Table 222 Application Footprint (13 Companies), 2023
11.5.5.5 Analytics Type Footprint
Table 223 Analytics Type Footprint (13 Companies), 2023
11.6 Company Evaluation Matrix: Startups/SMEs, 2023
11.6.1 Progressive Companies
11.6.2 Responsive Companies
11.6.3 Dynamic Companies
11.6.4 Starting Blocks
Figure 54 Smart Grid Analytics Market: Company Evaluation Matrix (Startups/SMEs), 2023
11.6.5 Competitive Benchmarking: Startups/SMEs, 2023
11.6.5.1 Detailed List of Key Startups/SMEs
Table 224 Smart Grid Analytics Market: Detailed List of Key Startups/SMEs, 2023
11.6.5.2 Competitive Benchmarking of Key Startups/SMEs
Table 225 Smart Grid Analytics Market: Competitive Benchmarking of Startups/SMEs, 2023
11.7 Competitive Scenario and Trends
11.7.1 Product Launches and Enhancements
Table 226 Smart Grid Analytics Market: Product Launches and Enhancements, January 2021-May 2024
11.7.2 Deals
Table 227 Smart Grid Analytics Market: Deals, January 2021-May 2024
12 Company Profiles
12.1 Introduction
12.2 Key Players
(Business Overview, Products/Solutions/Services Offered, Recent Developments, and Analyst's View)*
12.2.1 Siemens
Table 228 Siemens: Business Overview
Figure 55 Siemens: Company Snapshot
Table 229 Siemens: Products/Solutions/Services Offered
Table 230 Siemens: Product Launches and Enhancements
Table 231 Siemens: Deals
12.2.2 IBM
Table 232 IBM: Business Overview
Figure 56 IBM: Company Snapshot
Table 233 IBM: Solutions/Services Offered
Table 234 IBM: Product Launches and Enhancements
Table 235 IBM: Deals
12.2.3 Oracle
Table 236 Oracle: Business Overview
Figure 57 Oracle: Company Snapshot
Table 237 Oracle: Solutions/Services Offered
Table 238 Oracle: Product Launches and Enhancements
Table 239 Oracle: Deals
12.2.4 GE Vernova
Table 240 GE Vernova: Business Overview
Figure 58 GE Vernova: Company Snapshot
Table 241 GE Vernova: Products/Solutions/Services Offered
Table 242 GE Vernova: Product Launches and Enhancements
Table 243 GE Vernova: Deals
12.2.5 Schneider Electric
Table 244 Schneider Electric: Business Overview
Figure 59 Schneider Electric: Company Snapshot
Table 245 Schneider Electric: Products/Solutions/Services Offered
Table 246 Schneider Electric: Product Launches and Enhancements
Table 247 Schneider Electric: Deals
12.2.6 Landis+Gyr
Table 248 Landis+Gyr: Business Overview
Figure 60 Landis+Gyr: Company Snapshot
Table 249 Landis+Gyr: Solutions/Services Offered
Table 250 Landis+Gyr: Product Launches and Enhancements
Table 251 Landis+Gyr: Deals
12.2.7 Itron
Table 252 Itron: Business Overview
Figure 61 Itron: Company Snapshot
Table 253 Itron: Products/Solutions/Services Offered
Table 254 Itron: Product Launches and Enhancements
Table 255 Itron: Deals
12.2.8 SAP
Table 256 SAP: Business Overview
Figure 62 SAP: Company Snapshot
Table 257 SAP: Products/Solutions/Services Offered
Table 258 SAP: Product Launches and Enhancements
12.2.9 Sas Institute
Table 259 Sas Institute: Business Overview
Table 260 Sas Institute: Products/Solutions/Services Offered
Table 261 Sas Institute: Product Launches and Enhancements
Table 262 Sas Institute: Deals
12.2.10 Honeywell
Table 263 Honeywell: Business Overview
Figure 63 Honeywell: Company Snapshot
Table 264 Honeywell: Products/Solutions/Services Offered
Table 265 Honeywell: Product Launches and Enhancements
Table 266 Honeywell: Deals
12.2.11 Capgemini
12.2.12 Accenture
12.2.13 Infosys
12.3 Startup/SME Profiles
12.3.1 Autogrid Systems
12.3.2 Hive Power
12.3.3 Esmart Systems
12.3.4 Steamaco
12.3.5 Grid4C
12.3.6 Globema
12.3.7 Sparkmeter
12.3.8 Innowatts
12.3.9 Amperon
12.3.10 Kevala
12.3.11 Gridpoint
12.3.12 Safegrid
12.3.13 Sentient Energy
* Business Overview, Products/Solutions/Services Offered, Recent Developments, and Analyst's View Might Not be Captured in Case of Unlisted Companies
13 Adjacent and Related Markets
13.1 Introduction
13.2 Predictive Maintenance Market - Global Industry Forecast to 2029
13.2.1 Market Definition
13.2.2 Market Overview
13.2.2.1 Predictive Maintenance Market, by Component
Table 267 Predictive Maintenance Market, by Component, 2019-2023 (USD Million)
Table 268 Predictive Maintenance Market, by Component, 2024-2029 (USD Million)
13.2.2.2 Predictive Maintenance Market, by Technology
Table 269 Predictive Maintenance Market, by Technology, 2019-2023 (USD Million)
Table 270 Predictive Maintenance Market, by Technology, 2024-2029 (USD Million)
13.2.2.3 Predictive Maintenance Market, by Technique
Table 271 Predictive Maintenance Market, by Technique, 2019-2023 (USD Million)
Table 272 Predictive Maintenance Market, by Technique, 2024-2029 (USD Million)
13.2.2.4 Predictive Maintenance Market, by Vertical
Table 273 Predictive Maintenance Market, by Vertical, 2019-2023 (USD Million)
Table 274 Predictive Maintenance Market, by Vertical, 2024-2029 (USD Million)
13.2.2.5 Predictive Maintenance Market, by Region
Table 275 Predictive Maintenance Market, by Region, 2019-2023 (USD Million)
Table 276 Predictive Maintenance Market, by Region, 2024-2029 (USD Million)
13.3 Prescriptive Analytics Market - Global Industry Forecast to 2026
13.3.1 Market Definition
13.3.2 Market Overview
13.3.2.1 Prescriptive Analytics Market, by Component
Table 277 Prescriptive Analytics Market, by Component, 2015-2020 (USD Million)
Table 278 Prescriptive Analytics Market, by Component, 2021-2026 (USD Million)
13.3.2.2 Prescriptive Analytics Market, by Application
Table 279 Prescriptive Analytics Market, by Application, 2015-2020 (USD Million)
Table 280 Prescriptive Analytics Market, by Application, 2021-2026 (USD Million)
13.3.2.3 Prescriptive Maintenance Market, by Business Function
Table 281 Prescriptive Analytics Market, by Business Function, 2015-2020 (USD Million)
Table 282 Prescriptive Analytics Market, by Business Function, 2021-2026 (USD Million)
13.3.2.4 Prescriptive Analytics Market, by Vertical
Table 283 Prescriptive Analytics Market, by Vertical, 2015-2020 (USD Million)
Table 284 Prescriptive Analytics Market, by Vertical, 2021-2026 (USD Million)
13.3.2.5 Prescriptive Analytics Market, by Region
Table 285 Prescriptive Analytics Market, by Region, 2015-2020 (USD Million)
Table 286 Prescriptive Analytics Market, by Region, 2021-2026 (USD Million)
14 Appendix
14.1 Discussion Guide
14.2 Knowledgestore: The Subscription Portal
14.3 Customization Options

Companies Mentioned

  • Siemens
  • IBM
  • Oracle
  • GE Vernova
  • Schneider Electric
  • Landis+Gyr
  • Itron
  • SAP
  • SAS Institute
  • Honeywell
  • Capgemini
  • Accenture
  • Infosys
  • AutoGrid Systems
  • Hive Power
  • eSmart Systems
  • SteamaCo
  • Grid4C
  • Globema
  • SparkMeter
  • Innowatts
  • Amperon
  • Kevala
  • GridPoint
  • SafeGrid
  • Sentient Energy

Table Information

Report AttributeDetails
No. of Pages312
PublishedJune 2024
Forecast Period2024 - 2029
Estimated Market Value ( USD ) in 2024 $ 7.9 Billion
Forecasted Market Value ( USD ) by 2029 $ 14.3 Billion
Compound Annual Growth Rate12.4%
Regions CoveredGlobal
No. of Companies Mentioned26

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About the Smart Grid Analytics Market

The Smart Grid Analytics market within the Utilities sector is a rapidly growing area of technology. It is focused on the development of advanced analytics solutions to help utilities better manage their energy resources. These solutions enable utilities to better understand their energy usage, identify areas of inefficiency, and optimize their operations. Smart Grid Analytics solutions also provide utilities with the ability to monitor and control their energy consumption in real-time, allowing them to respond quickly to changes in demand. Additionally, these solutions can help utilities reduce their energy costs and improve their customer service. Companies in the Smart Grid Analytics market include IBM, Oracle, Microsoft, Siemens, ABB, Schneider Electric, and Hitachi. Show Less Read more

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