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The SMART grid IT systems market is forecasted to grow by USD 35.17 billion during 2023-2028, accelerating AT a CAGR of 22.07% during the forecast period. The report on the SMART grid IT systems market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand for energy and cost-efficiency, rapid adoption of SMART grid technology, and strict regulations by governments to reduce carbon emissions.
The SMART grid IT systems market is segmented as below:
By Application
- Energy Management System
- Distribution Management System
- Outage management system
- Data analytics
By End-user
- Residential
- Commercial
- Industrial
By Geography
- Europe
- APAC
- North America
- South America
- Middle East and Africa
The report on the SMART grid IT systems market covers the following areas:
- SMART grid IT systems market sizing
- SMART grid IT systems market forecast
- SMART grid IT systems market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. IT presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global smart grid it systems market: ABB Ltd., Cisco Systems Inc., Eaton Corp. Plc, ENEL X srl, General Electric Co., Globema SP Z O O, Honeywell International Inc., International Business Machines Corp., Itron Inc., Kamstrup AS, Mitsubishi Electric Corp., Oracle Corp., SAP SE, Schneider Electric SE, Siemens AG, TANTALUS SYSTEM HOLDING INC., Tech Mahindra Ltd., Trilliant Holdings Inc., Wipro Ltd., and Xylem Inc..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increasing role of utility service providers in energy management."
According to the report, one of the major drivers for this market is the growing demand for energy and cost-efficiency.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ABB Ltd.
- Cisco Systems Inc.
- Eaton Corp. Plc
- ENEL X srl
- General Electric Co.
- Globema SP Z O O
- Honeywell International Inc.
- International Business Machines Corp.
- Itron Inc.
- Kamstrup AS
- Mitsubishi Electric Corp.
- Oracle Corp.
- SAP SE
- Schneider Electric SE
- Siemens AG
- TANTALUS SYSTEM HOLDING INC.
- Tech Mahindra Ltd.
- Trilliant Holdings Inc.
- Wipro Ltd.
- Xylem Inc.
