The presence of favorable government initiatives for the deployment of smart meters and construct smart grids is one of the prime factors attributing to the mounting growth of utility and energy analytics market in the region. The European market is predicted to flourish with 16.91% CAGR throughout the projected period of 2019-2027. Owing to a supportive environment, the market is anticipated to account for $XX million of revenue by the end of forecasted years. Moreover, the growing focus on consumer energy consumption pattern is surging the demand for utility and energy analytics services and solutions.
EUROPE UTILITY AND ENERGY ANALYTICS MARKET FORECAST 2019-2027
Europe Utility and Energy Analytics Market by Deployment (Cloud, on-premises, Hybrid) by Type (Software, Services) by Application (Meter Operation, Load Forecasting, Demand Response, Distribution Planning, Other Application) by Geography.
The presence of favorable government initiatives for the deployment of smart meters and construct smart grids is one of the prime factors attributing to the mounting growth of utility and energy analytics market in the region. The European market is predicted to flourish with 16.91% CAGR throughout the projected period of 2019-2027. Owing to a supportive environment, the market is anticipated to account for $XX million of revenue by the end of forecasted years.
Moreover, the growing focus on consumer energy consumption pattern is surging the demand for utility and energy analytics services and solutions. Analytics play a major role in forecasting the energy consumption trend, thereby aiding in the process of energy generation and dynamic pricing of electricity. The data generated by the utility and energy companies are utilized to bring operational efficiencies and manage energy demands. Thus, the rising importance of analytics across industries is influencing the growth of utility and energy analytics market in the region.
The Europe utility and energy analytics market encompasses countries such as United Kingdom, France, Russia, Spain, Germany, Italy, and Rest of Europe segment that includes remaining European countries. The European mandate that emphasizes on the installation of smart meters is influencing the utility and energy analytics market in United Kingdom. The power and utility firms are leveraging data and analytics to tackle several challenges that are disrupting their current business models. Few of the challenges faced by the firms are rising capital costs, increasing global competition, along with stringent regulation and compliance requirements. Thus, to enhance customer experience, the firms use data and analytics, in turn, driving the utility and energy analytics market growth.
Many companies operate in the utility and energy analytics market. One of the eminent players is Capgemini SE. The company provides technology, consulting, and digital transformation services. It serves various industries such as automotive, retail, government, healthcare, and others.
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- RESEARCH SCOPE
- STUDY GOALS
- SCOPE OF THE MARKET STUDY
- WHO WILL FIND THIS REPORT USEFUL?
- STUDY AND FORECASTING YEARS
- RESEARCH METHODOLOGY
- SOURCES OF DATA
- SECONDARY DATA
- PRIMARY DATA
- TOP-DOWN APPROACH
- BOTTOM-UP APPROACH
- DATA TRIANGULATION
- SOURCES OF DATA
- EXECUTIVE SUMMARY
- MARKET SUMMARY
- KEY FINDINGS
- HYBRID ANALYTICS IS FASTEST GROWING IN DEPLOYMENT
- DISTRIBUTION PLANNING SECTOR IS FASTEST GROWING APPLICATION
- MARKET DYNAMICS
- MARKET SCOPE & DEFINITION
- MARKET DRIVERS
- EMPHASIS ON GREENER ENVIRONMENT IS RISING DEMAND FOR ENERGY AND UTILITY ANALYTICS
- GROWING CONSUMER FOCUS ON ENERGY CONSUMPTION PATTERN ANALYSIS
- MARKET RESTRAINTS
- HIGH CAPITAL INVESTMENT REQUIRED FOR THE DEPLOYMENT
- MARKET OPPORTUNITIES
- INCREASING INFRASTRUCTURE DEVELOPMENT AND SMART CITIES
- RISING ADOPTION OF CLOUD TECHNOLOGY IN ENERGY AND UTILITY INDUSTRY
- MARKET CHALLENGES
- LACK OF SKILLED EMPLOYEES
- SECURITY CONCERNS
- MARKET BY DEPLOYMENT
- CLOUD
- ON-PREMISES
- HYBRID
- MARKET BY TYPE
- SOFTWARE
- SERVICES
- MARKET BY APPLICATION
- METER OPERATION
- LOAD FORECASTING
- DEMAND RESPONSE
- DISTRIBUTION PLANNING
- OTHER APPLICATION
- KEY ANALYTICS
- PORTER’S FIVE FORCE MODEL
- THREAT OF NEW ENTRANTS
- THREAT OF SUBSTITUTE
- BARGAINING POWER OF SUPPLIERS
- BARGAINING POWER OF BUYERS
- THREAT OF COMPETITIVE RIVALRY
- KEY BUYING CRITERIA
- MODE OF DEPLOYMENT
- PRICE
- APPLICATION
- OPPORTUNITY MATRIX
- VENDOR LANDSCAPE
- PORTER’S FIVE FORCE MODEL
- GEOGRAPHICAL ANALYSIS
- EUROPE
- UNITED KINGDOM
- GERMANY
- FRANCE
- SPAIN
- ITALY
- RUSSIA
- REST OF EUROPE
- EUROPE
- COMPANY PROFILES
- ORACLE CORPORATION
- CAPGEMINI SE
- ABB CORPORATION
- IBM CORPORATION
- GENERAL ELECTRIC COMPANY
- SAS INSTITUTE INC.
- SIEMENS AG
- SCHNEIDER ELECTRIC SE
- SAP SE
- BUILDINGIQ
- TERADATA CORPORATION
- CISCO SYSTEMS INC.
- EATON CORPORATION
- INFOSYS
- WIPRO
TABLE LIST
TABLE 1: EUROPE UTILITY AND ENERGY ANALYTICS MARKET, BY GEOGRAPHY, 2019-2027 (IN $ MILLION)
TABLE 2: EUROPE UTILITY AND ENERGY ANALYTICS MARKET, BY DEPLOYMENT, 2019-2027 (IN $ MILLION)
TABLE 3: EUROPE UTILITY AND ENERGY ANALYTICS MARKET, BY TYPE, 2019-2027 (IN $ MILLION)
TABLE 4: EUROPE UTILITY AND ENERGY ANALYTICS MARKET, BY APPLICATION, 2019-2027 (IN $ MILLION)
TABLE 5: OPPORTUNITY MATRIX
TABLE 6: VENDOR LANDSCAPE
TABLE 7: EUROPE UTILITY AND ENERGY ANALYTICS MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)
FIGURE LIST
FIGURE 1: EUROPE UTILITY AND ENERGY ANALYTICS MARKET, BY APPLICATION, 2018 & 2027 (IN %)
FIGURE 2: EUROPE UTILITY AND ENERGY ANALYTICS MARKET, BY HYBRID, 2019-2027 (IN $ MILLION)
FIGURE 3: EUROPE UTILITY AND ENERGY ANALYTICS MARKET, BY DISTRIBUTION PLANNING, 2019-2027 (IN $ MILLION)
FIGURE 4: EUROPE UTILITY AND ENERGY ANALYTICS MARKET, BY CLOUD, 2019-2027 (IN $ MILLION)
FIGURE 5: EUROPE UTILITY AND ENERGY ANALYTICS MARKET, BY ON-PREMISES, 2019-2027 (IN $ MILLION)
FIGURE 6: EUROPE UTILITY AND ENERGY ANALYTICS MARKET, BY HYBRID, 2019-2027 (IN $ MILLION)
FIGURE 7: EUROPE UTILITY AND ENERGY ANALYTICS MARKET, BY SOFTWARE, 2019-2027 (IN $ MILLION)
FIGURE 8: EUROPE UTILITY AND ENERGY ANALYTICS MARKET, BY SERVICES, 2019-2027 (IN $ MILLION)
FIGURE 9: EUROPE UTILITY AND ENERGY ANALYTICS MARKET, BY METER OPERATION, 2019-2027 (IN $ MILLION)
FIGURE 10: EUROPE UTILITY AND ENERGY ANALYTICS MARKET, BY LOAD FORECASTING, 2019-2027 (IN $ MILLION)
FIGURE 11: EUROPE UTILITY AND ENERGY ANALYTICS MARKET, BY DEMAND RESPONSE, 2019-2027 (IN $ MILLION)
FIGURE 12: EUROPE UTILITY AND ENERGY ANALYTICS MARKET, BY DISTRIBUTION PLANNING, 2019-2027 (IN $ MILLION)
FIGURE 13: EUROPE UTILITY AND ENERGY ANALYTICS MARKET, BY OTHER APPLICATION, 2019-2027 (IN $ MILLION)
FIGURE 14: PORTER’S FIVE FORCE ANALYSIS
FIGURE 15: KEY BUYING IMPACT ANALYSIS
FIGURE 16: EUROPE UTILITY AND ENERGY ANALYTICS MARKET, REGIONAL OUTLOOK, 2018 & 2027 (IN %)
FIGURE 17: UNITED KINGDOM UTILITY AND ENERGY ANALYTICS MARKET, 2019-2027 (IN $ MILLION)
FIGURE 18: GERMANY UTILITY AND ENERGY ANALYTICS MARKET, 2019-2027 (IN $ MILLION)
FIGURE 19: FRANCE UTILITY AND ENERGY ANALYTICS MARKET, 2019-2027 (IN $ MILLION)
FIGURE 20: SPAIN UTILITY AND ENERGY ANALYTICS MARKET, 2019-2027 (IN $ MILLION)
FIGURE 21: ITALY UTILITY AND ENERGY ANALYTICS MARKET, 2019-2027 (IN $ MILLION)
FIGURE 22: RUSSIA UTILITY AND ENERGY ANALYTICS MARKET, 2019-2027 (IN $ MILLION)
FIGURE 23: REST OF EUROPE UTILITY AND ENERGY ANALYTICS MARKET, 2019-2027 (IN $ MILLION)
- GEOGRAPHICAL ANALYSIS
- EUROPE
- UNITED KINGDOM
- GERMANY
- FRANCE
- SPAIN
- ITALY
- RUSSIA
- REST OF EUROPE
- EUROPE
- MARKET BY DEPLOYMENT
- CLOUD
- ON-PREMISES
- HYBRID
- MARKET BY TYPE
- SOFTWARE
- SERVICES
- MARKET BY APPLICATION
- METER OPERATION
- LOAD FORECASTING
- DEMAND RESPONSE
- DISTRIBUTION PLANNING
- OTHER APPLICATION
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