조사회사 : MarketsandMarkets (마켓츠앤마켓츠) 출판년월 : 2024년06월
Smart Grid Analytics Market – Global Industry Forecast To 2029
스마트 그리드 분석 시장 : 오퍼링(미터 분석, 신뢰성 분석, 서비스), 애플리케이션(AMI, 부하 예측, 수요 응답, 그리드 최적화), 분석 유형 및 지역별, 시장 규모, 점유율, 성장 분석 – 2029년까지 전 세계 업계 예측
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 – Global Industry Forecast to 2029
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| 구성 | 영문조사보고서 |
Report Overview
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.
스마트 그리드 분석 시장은 2024년 79억 달러에서 2029년까지 143억 달러로 성장했으며, 예측 기간 중 연간 평균 성장률(CAGR)은 12.4%가 될 것으로 예측됩니다.
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 44
1.1 STUDY OBJECTIVES 44
1.2 MARKET DEFINITION 44
1.2.1 INCLUSIONS AND EXCLUSIONS 45
TABLE 1 INCLUSIONS AND EXCLUSIONS 45
1.3 MARKET SCOPE 46
1.3.1 MARKET SEGMENTATION 46
FIGURE 1 SMART GRID ANALYTICS MARKET SEGMENTATION 46
1.3.2 REGIONS COVERED 47
FIGURE 2 SMART GRID ANALYTICS MARKET SEGMENTATION 47
1.3.3 YEARS CONSIDERED 47
FIGURE 3 STUDY YEARS CONSIDERED 47
1.4 CURRENCY CONSIDERED 48
TABLE 2 USD EXCHANGE RATES, 2019–2023 48
1.5 STAKEHOLDERS 48
1.6 SUMMARY OF CHANGES 49
1.6.1 IMPACT OF RECESSION 50
2 RESEARCH METHODOLOGY 51
2.1 RESEARCH DATA 51
FIGURE 4 SMART GRID ANALYTICS MARKET: RESEARCH DESIGN 51
2.1.1 SECONDARY DATA 52
2.1.2 PRIMARY DATA 52
TABLE 3 PRIMARY INTERVIEWS 52
2.1.2.1 Breakup of primary profiles 53
FIGURE 5 BREAKUP OF PRIMARY PROFILES, BY COMPANY TYPE, DESIGNATION, AND REGION 53
2.1.2.2 Key industry insights 53
FIGURE 6 KEY INSIGHTS FROM INDUSTRY EXPERTS 53
2.2 MARKET SIZE ESTIMATION 54
FIGURE 7 SMART GRID ANALYTICS MARKET: TOP-DOWN AND BOTTOM-UP APPROACHES 54
2.2.1 TOP-DOWN APPROACH 54
2.2.2 BOTTOM-UP APPROACH 55
FIGURE 8 APPROACH 1 (BOTTOM-UP; SUPPLY-SIDE): REVENUE FROM SOLUTIONS/ SERVICES OF SMART GRID ANALYTICS MARKET 55
FIGURE 9 APPROACH 1 (BOTTOM-UP; SUPPLY-SIDE): COLLECTIVE REVENUE FROM ALL SOLUTIONS/SERVICES OF SMART GRID ANALYTICS MARKET 56
FIGURE 10 APPROACH 1 (BOTTOM-UP; SUPPLY-SIDE): STEP-WISE METHODOLOGY WITH RESPECTIVE SOURCES 57
FIGURE 11 APPROACH 2 (BOTTOM-UP; DEMAND-SIDE): SHARE OF SMART GRID ANALYTICS THROUGH OVERALL IT SPENDING OF END USERS 57
2.3 DATA TRIANGULATION 59
FIGURE 12 DATA TRIANGULATION 59
2.4 MARKET FORECAST 60
TABLE 4 FACTOR ANALYSIS 60
2.5 RESEARCH ASSUMPTIONS 61
TABLE 5 ASSUMPTIONS 61
2.6 STUDY LIMITATIONS 63
FIGURE 13 STUDY LIMITATIONS 63
2.7 IMPLICATIONS OF RECESSION ON SMART GRID ANALYTICS MARKET 63
TABLE 6 IMPACT OF RECESSION ON GLOBAL SMART GRID ANALYTICS MARKET 64
3 EXECUTIVE SUMMARY 66
TABLE 7 GLOBAL SMART GRID ANALYTICS MARKET SIZE AND GROWTH RATE, 2020–2023 (USD MILLION, Y-O-Y) 68
TABLE 8 GLOBAL SMART GRID ANALYTICS MARKET SIZE AND GROWTH RATE, 2024–2029 (USD MILLION, Y-O-Y) 68
FIGURE 14 SMART GRID ANALYTICS SOFTWARE TO ACCOUNT FOR LARGER MARKET THAN SERVICES IN 2024 69
FIGURE 15 OPERATIONAL ANALYTICS TO BE LARGEST MARKET AMONG SOFTWARE TYPES IN 2024 69
FIGURE 16 CLOUD TO BECOME LEADING SOFTWARE DEPLOYMENT MODE IN 2024 69
FIGURE 17 PROFESSIONAL SERVICES TO REGISTER LARGER MARKET SHARE THAN MANAGED SERVICES IN 2024 70
FIGURE 18 TRAINING & CONSULTING SERVICES TO BE LARGEST PROFESSIONAL SERVICES SEGMENT IN 2024 70
FIGURE 19 LARGE ENTERPRISES TO ACCOUNT FOR MAJORITY MARKET SHARE IN 2024 70
FIGURE 20 PREDICTIVE ANALYTICS TO BE LEADING SEGMENT IN 2024 71
FIGURE 21 DISTRIBUTED ENERGY RESOURCES MANAGEMENT SYSTEMS TO EMERGE AS FASTEST-GROWING APPLICATION DURING FORECAST PERIOD 71
FIGURE 22 ASIA PACIFIC TO REGISTER FASTEST GROWTH RATE BETWEEN 2024 AND 2029 72
4 PREMIUM INSIGHTS 73
4.1 ATTRACTIVE OPPORTUNITIES IN SMART GRID ANALYTICS MARKET 73
FIGURE 23 RISE IN DEMAND FOR ENERGY EFFICIENCY & SUSTAINABILITY AND NUMBER OF AGING GRID INFRASTRUCTURES TO DRIVE MARKET GROWTH 73
4.2 SMART GRID ANALYTICS MARKET: TOP THREE APPLICATIONS 74
FIGURE 24 DISTRIBUTED ENERGY RESOURCES MANAGEMENT SYSTEMS SEGMENT TO ACCOUNT FOR HIGHEST GROWTH RATE DURING THE FORECAST PERIOD 74
4.3 NORTH AMERICA: SMART GRID ANALYTICS MARKET, BY SOFTWARE TYPE AND APPLICATION 74
FIGURE 25 OPERATIONAL ANALYTICS AND GRID OPTIMIZATION, MONITORING, AND MANAGEMENT TO BE LARGEST SEGMENTS IN NORTH AMERICAN MARKET IN 2024 74
4.4 SMART GRID ANALYTICS MARKET, BY REGION 75
FIGURE 26 NORTH AMERICA TO ACCOUNT FOR LARGEST MARKET SHARE IN 2024 75
5 MARKET OVERVIEW AND INDUSTRY TRENDS 76
5.1 INTRODUCTION 76
5.2 MARKET DYNAMICS 76
FIGURE 27 SMART GRID ANALYTICS MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 76
5.2.1 DRIVERS 77
5.2.1.1 Increase in adoption of smart meters to monitor energy consumption 77
FIGURE 28 GLOBAL SMART METER (ELECTRICITY, GAS, & WATER) ADOPTION, 2014–2020 (MILLION) 77
5.2.1.2 Rise in number of aging grid infrastructure 77
FIGURE 29 GLOBAL INVESTMENTS IN SMART GRIDS, 2023 (USD BILLION) 78
5.2.1.3 Growth in demand for energy efficiency and sustainability 78
5.2.2 RESTRAINTS 78
5.2.2.1 Shortage of skilled professionals 78
5.2.2.2 Interoperability constraints 79
5.2.2.3 High initial investment and implementation costs 79
5.2.3 OPPORTUNITIES 80
5.2.3.1 Growth in smart city initiatives 80
5.2.3.2 Improved renewable energy integration 80
5.2.3.3 Enhanced demand response management (DRM) 80
5.2.4 CHALLENGES 81
5.2.4.1 Data management complexity associated with smart grids 81
5.2.4.2 Cybersecurity threats 81
FIGURE 30 ESTIMATED ANNUAL COST OF CYBERCRIME, 2018–2023 (USD TRILLION) 82
5.2.4.3 Lack of standardization in smart grid analytics landscape 82
5.3 SMART GRID COMMUNICATION NETWORK LEVELS 82
FIGURE 31 COMMUNICATION NETWORKS OF SMART GRID 82
5.3.1 WIDE AREA NETWORK (WAN) 83
5.3.2 FIELD AREA NETWORK (FAN) 83
5.3.3 HOME AREA NETWORK (HAN) 83
5.4 SUPPLY CHAIN ANALYSIS 84
FIGURE 32 SMART GRID ANALYTICS MARKET: SUPPLY CHAIN ANALYSIS 84
TABLE 9 SMART GRID ANALYTICS MARKET: SUPPLY CHAIN ANALYSIS 86
5.5 ECOSYSTEM ANALYSIS 87
TABLE 10 SMART GRID ANALYTICS MARKET: ECOSYSTEM 87
FIGURE 33 KEY PLAYERS IN SMART GRID ANALYTICS MARKET ECOSYSTEM 88
5.5.1 SMART GRID ANALYTICS SOFTWARE PROVIDERS 88
5.5.2 SMART GRID ANALYTICS SERVICE PROVIDERS 89
5.5.3 CYBERSECURITY SERVICE PROVIDERS 89
5.5.4 SYSTEM INTEGRATORS 89
5.5.5 END USERS 89
5.5.6 GOVERNMENT & REGULATORY BODIES 90
5.6 CASE STUDY ANALYSIS 90
5.6.1 TAMPA ELECTRIC USED ITRON’S EXPERTISE TO EXPLORE VALUE OF DISTRIBUTED INTELLIGENCE 90
5.6.2 GEXA ENERGY PARTNERED WITH AUTOGRID TO OFFER NEW DEMAND RESPONSE PROGRAMS IN ERCOT 91
5.6.3 AEM EDUCATED AND EMPOWERED CONSUMERS BY MAKING THEM ACTIVELY RESPONSIBLE FOR THEIR OWN ENERGY SAVINGS 91
5.6.4 DATA ANALYTICS BY SIEMENS LED TO BETTER GRID LOAD PREDICTION FOR KONSTANT (NRGI) 92
5.6.5 ORACLE UTILITIES NMS PROVIDED WITH MORE HOLISTIC VIEW OF NETWORK FOR BETTER DECISION-MAKING 92
5.7 TECHNOLOGY ANALYSIS 93
5.7.1 KEY TECHNOLOGIES 93
5.7.1.1 Advanced Metering Infrastructure (AMI) 93
5.7.1.2 Supervisory Control and Data Acquisition (SCADA) Systems 93
5.7.1.3 Distributed Energy Resource Management Systems (DERMS) 94
5.7.1.4 Big Data Analytics 94
5.7.1.5 Grid Cybersecurity 94
5.7.2 COMPLEMENTARY TECHNOLOGIES 95
5.7.2.1 Internet of Things (IoT) 95
5.7.2.2 Blockchain 95
5.7.2.3 Geographical Information Systems (GIS) 95
5.7.2.4 Edge Computing 95
5.7.3 ADJACENT TECHNOLOGIES 96
5.7.3.1 Advanced Demand Forecasting 96
5.7.3.2 Non-intrusive Load Monitoring (NILM) 96
5.7.3.3 Vehicle-to-Grid (V2G) 96
5.7.3.4 Energy Storage Systems 97
5.8 REGULATORY LANDSCAPE 97
5.8.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 97
TABLE 11 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 97
TABLE 12 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 98
TABLE 13 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 98
TABLE 14 MIDDLE EAST & AFRICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 99
TABLE 15 LATIN AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 99
5.8.2 REGULATIONS: SMART GRID ANALYTICS 100
5.8.2.1 North America 100
5.8.2.1.1 US: Energy Independence and Security Act (EISA) of 2007 100
5.8.2.1.2 American Recovery and Reinvestment Act (ARRA) of 2009 100
5.8.2.1.3 Canada: Green Energy Act (GEA) of 2009 100
5.8.2.2 Europe 101
5.8.2.2.1 Clean Energy for All Europeans Package 101
5.8.2.2.2 The Renewable Energy Directive (RED II) 101
5.8.2.2.3 EU Energy Efficiency Directive 2012 101
5.8.2.3 Asia Pacific 101
5.8.2.3.1 India: National Smart Grid Mission (NSGM) 101
5.8.2.3.2 Japan: Energy Conservation Law (Amendments in 2019) 102
5.8.2.4 Middle East & Africa 102
5.8.2.4.1 Saudi Arabia: National Renewable Energy Program (NREP) 102
5.8.2.4.2 South Africa: Integrated Resource Plan (IRP) 2019 102
5.8.2.4.3 Egypt: Electricity Law No. 87 of 2015 102
5.8.2.5 Latin America 103
5.8.2.5.1 Mexico: Energy Transition Law (Ley de Transición Energética) of 2015 103
5.8.2.5.2 Chile: Law 20.571 on Net Billing for Distributed Generation (2012) 103
5.9 PATENT ANALYSIS 103
5.9.1 METHODOLOGY 103
5.9.2 PATENTS FILED, BY DOCUMENT TYPE 103
TABLE 16 PATENTS FILED, 2013–2023 103
5.9.3 INNOVATION AND PATENT APPLICATIONS 104
FIGURE 34 NUMBER OF PATENTS GRANTED IN LAST 10 YEARS, 2013–2023 104
5.9.3.1 Top 10 applicants in smart grid analytics market 104
FIGURE 35 TOP 10 APPLICANTS IN SMART GRID ANALYTICS MARKET, 2013–2023 104
TABLE 17 TOP 20 PATENT OWNERS IN SMART GRID ANALYTICS MARKET, 2013–2023 105
TABLE 18 LIST OF FEW PATENTS IN SMART GRID ANALYTICS MARKET, 2022–2023 106
FIGURE 36 REGIONAL ANALYSIS OF PATENTS GRANTED, 2013–2023 109
5.10 PORTER’S FIVE FORCES ANALYSIS 109
TABLE 19 IMPACT OF PORTER’S FIVE FORCES ON SMART GRID ANALYTICS MARKET 109
FIGURE 37 SMART GRID ANALYTICS MARKET: PORTER’S FIVE FORCES ANALYSIS 110
5.10.1 THREAT OF NEW ENTRANTS 110
5.10.2 THREAT OF SUBSTITUTES 110
5.10.3 BARGAINING POWER OF SUPPLIERS 111
5.10.4 BARGAINING POWER OF BUYERS 111
5.10.5 INTENSITY OF COMPETITION RIVALRY 111
6 SMART GRID ANALYTICS MARKET, BY OFFERING 112
6.1 INTRODUCTION 113
6.1.1 OFFERING: SMART GRID ANALYTICS MARKET DRIVERS 113
FIGURE 38 SMART GRID ANALYTICS SERVICES TO REGISTER HIGHER CAGR DURING FORECAST PERIOD 114
TABLE 20 SMART GRID ANALYTICS MARKET, BY OFFERING, 2019–2023 (USD MILLION) 114
TABLE 21 SMART GRID ANALYTICS MARKET, BY OFFERING, 2024–2029 (USD MILLION) 114
6.2 SOFTWARE 114
TABLE 22 SMART GRID ANALYTICS SOFTWARE MARKET, BY REGION, 2019–2023 (USD MILLION) 115
TABLE 23 SMART GRID ANALYTICS SOFTWARE MARKET, BY REGION, 2024–2029 (USD MILLION) 115
6.2.1 SOFTWARE MARKET, BY TYPE 115
FIGURE 39 OPERATIONAL ANALYTICS TO BE SUBSEGMENT SHARE OF SMART GRID ANALYTICS MARKET FOR SOFTWARE TYPE 116
TABLE 24 SMART GRID ANALYTICS SOFTWARE MARKET, BY TYPE, 2019–2023 (USD MILLION) 116
TABLE 25 SMART GRID ANALYTICS SOFTWARE MARKET, BY TYPE, 2024–2029 (USD MILLION) 116
6.2.1.1 Meter Analytics 117
6.2.1.1.1 Analyzing energy consumption data to provide utility companies with deep insights into consumer behavior and usage patterns 117
TABLE 26 METER ANALYTICS SOFTWARE MARKET, BY REGION, 2019–2023 (USD MILLION) 117
TABLE 27 METER ANALYTICS SOFTWARE MARKET, BY REGION, 2024–2029 (USD MILLION) 117
6.2.1.2 Operational Analytics 118
6.2.1.2.1 Utilities’ need to monitor grid performance and identify inefficiencies in smart grid 118
TABLE 28 OPERATIONAL ANALYTICS SOFTWARE MARKET, BY REGION, 2019–2023 (USD MILLION) 118
TABLE 29 OPERATIONAL ANALYTICS SOFTWARE MARKET, BY REGION, 2024–2029 (USD MILLION) 118
6.2.1.3 Reliability Analytics 119
6.2.1.3.1 Increase in complexity of modern grids and need to integrate diverse energy sources 119
TABLE 30 RELIABILITY ANALYTICS SOFTWARE MARKET, BY REGION, 2019–2023 (USD MILLION) 119
TABLE 31 RELIABILITY ANALYTICS SOFTWARE MARKET, BY REGION, 2024–2029 (USD MILLION) 119
6.2.2 SOFTWARE MARKET, BY DEPLOYMENT MODE 120
FIGURE 40 CLOUD SEGMENT TO REGISTER HIGHER CAGR DURING FORECAST PERIOD 120
TABLE 32 SMART GRID ANALYTICS SOFTWARE MARKET, BY DEPLOYMENT MODE, 2019–2023 (USD MILLION) 120
TABLE 33 SMART GRID ANALYTICS SOFTWARE MARKET, BY DEPLOYMENT MODE, 2024–2029 (USD MILLION) 121
6.2.2.1 Cloud 121
6.2.2.1.1 Enabling faster deployment of smart grid solutions and integration of advanced AI technologies 121
TABLE 34 CLOUD-BASED SMART GRID ANALYTICS SOFTWARE MARKET, BY REGION, 2019–2023 (USD MILLION) 121
TABLE 35 CLOUD-BASED SMART GRID ANALYTICS SOFTWARE MARKET, BY REGION, 2024–2029 (USD MILLION) 122
6.2.2.2 On-premises 122
6.2.2.2.1 Options to tailor smart grid analytics solutions and integrate them seamlessly with existing systems 122
TABLE 36 ON-PREMISE SMART GRID ANALYTICS SOFTWARE MARKET, BY REGION, 2019–2023 (USD MILLION) 122
TABLE 37 ON-PREMISE SMART GRID ANALYTICS SOFTWARE MARKET, BY REGION, 2024–2029 (USD MILLION) 123
6.3 SERVICES 123
FIGURE 41 MANAGED SERVICES SEGMENT TO REGISTER HIGHER CAGR IN SMART GRID ANALYTICS MARKET FOR SERVICES DURING FORECAST PERIOD 124
TABLE 38 SMART GRID ANALYTICS MARKET, BY SERVICE, 2019–2023 (USD MILLION) 124
TABLE 39 SMART GRID ANALYTICS MARKET, BY SERVICE, 2024–2029 (USD MILLION) 124
TABLE 40 SMART GRID ANALYTICS SERVICES MARKET, BY REGION, 2019–2023 (USD MILLION) 124
TABLE 41 SMART GRID ANALYTICS SERVICES MARKET, BY REGION, 2024–2029 (USD MILLION) 125
6.3.1 PROFESSIONAL SERVICES 125
6.3.1.1 Requirement assessment and customized implementation and assistance with deployment of smart grid analytics solutions 125
FIGURE 42 SYSTEM INTEGRATION & DEPLOYMENT SUBSEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 126
TABLE 42 SMART GRID ANALYTICS SERVICES MARKET, BY PROFESSIONAL SERVICE, 2019–2023 (USD MILLION) 126
TABLE 43 SMART GRID ANALYTICS SERVICES MARKET, BY PROFESSIONAL SERVICE, 2024–2029 (USD MILLION) 126
TABLE 44 SMART GRID ANALYTICS PROFESSIONAL SERVICES MARKET, BY REGION, 2019–2023 (USD MILLION) 127
TABLE 45 SMART GRID ANALYTICS PROFESSIONAL SERVICES MARKET, BY REGION, 2024–2029 (USD MILLION) 127
6.3.1.2 Training & consulting services 127
TABLE 46 SMART GRID ANALYTICS TRAINING & CONSULTING SERVICES MARKET, BY REGION, 2019–2023 (USD MILLION) 128
TABLE 47 SMART GRID ANALYTICS TRAINING & CONSULTING SERVICES MARKET, BY REGION, 2024–2029 (USD MILLION) 128
6.3.1.3 System integration & deployment services 128
TABLE 48 SMART GRID ANALYTICS SYSTEM INTEGRATION & DEPLOYMENT SERVICES MARKET, BY REGION, 2019–2023 (USD MILLION) 129
TABLE 49 SMART GRID ANALYTICS SYSTEM INTEGRATION & DEPLOYMENT SERVICES MARKET, BY REGION, 2024–2029 (USD MILLION) 129
6.3.1.4 Support & maintenance services 129
TABLE 50 SMART GRID ANALYTICS SUPPORT & MAINTENANCE SERVICES MARKET, BY REGION, 2019–2023 (USD MILLION) 130
TABLE 51 SMART GRID ANALYTICS SUPPORT & MAINTENANCE SERVICES MARKET, BY REGION, 2024–2029 (USD MILLION) 130
6.3.2 MANAGED SERVICES 130
6.3.2.1 End-to-end management for smart grid analytics to help businesses focus on core competencies 130
TABLE 52 SMART GRID ANALYTICS MANAGED SERVICES MARKET, BY REGION, 2019–2023 (USD MILLION) 131
TABLE 53 SMART GRID ANALYTICS MANAGED SERVICES MARKET, BY REGION, 2024–2029 (USD MILLION) 131
7 SMART GRID ANALYTICS MARKET, BY ORGANIZATION SIZE 132
7.1 INTRODUCTION 133
7.1.1 ORGANIZATION SIZE: SMART GRID ANALYTICS MARKET DRIVERS 133
FIGURE 43 SMALL & MEDIUM BUSINESSES TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 134
TABLE 54 SMART GRID ANALYTICS MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION) 134
TABLE 55 SMART GRID ANALYTICS MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION) 134
7.2 SMALL & MEDIUM BUSINESSES 135
7.2.1 GROWING ADOPTION OF CLOUD-BASED SMART GRID ANALYTICS PLATFORMS AMONG SMBS 135
TABLE 56 SMART GRID ANALYTICS MARKET FOR SMALL & MEDIUM BUSINESSES, BY REGION, 2019–2023 (USD MILLION) 135
TABLE 57 SMART GRID ANALYTICS MARKET FOR SMALL & MEDIUM BUSINESSES, BY REGION, 2024–2029 (USD MILLION) 135
7.3 LARGE ENTERPRISES 136
7.3.1 ADVANCED DATA ANALYTICS AND AI TO ANALYZE VAST AMOUNTS OF DATA GENERATED BY SMART GRIDS 136
TABLE 58 SMART GRID ANALYTICS MARKET FOR LARGE ENTERPRISES, BY REGION, 2019–2023 (USD MILLION) 136
TABLE 59 SMART GRID ANALYTICS MARKET FOR LARGE ENTERPRISES, BY REGION, 2024–2029 (USD MILLION) 137
8 SMART GRID ANALYTICS MARKET, BY APPLICATION 138
8.1 INTRODUCTION 139
8.1.1 APPLICATION: SMART GRID ANALYTICS MARKET DRIVERS 139
FIGURE 44 DISTRIBUTED ENERGY RESOURCES MANAGEMENT SYSTEMS TO REGISTER HIGHER CAGR DURING FORECAST PERIOD 140
TABLE 60 SMART GRID ANALYTICS MARKET, BY APPLICATION, 2019–2023 (USD MILLION) 141
TABLE 61 SMART GRID ANALYTICS MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 141
8.2 AMI ANALYTICS 142
8.2.1 ENHANCING CUSTOMER ENGAGEMENT AND SATISFACTION BY UTILIZING ANALYTICS FOR SMART METERS 142
TABLE 62 SMART GRID ANALYTICS MARKET IN AMI ANALYTICS, BY REGION, 2019–2023 (USD MILLION) 142
TABLE 63 SMART GRID ANALYTICS MARKET IN AMI ANALYTICS, BY REGION, 2024–2029 (USD MILLION) 142
8.3 LOAD FORECASTING & DEMAND RESPONSE 143
8.3.1 ANTICIPATION OF DEMAND FLUCTUATIONS TO PREVENT GRID OVERLOADS AND REDUCE LIKELIHOOD OF BLACKOUTS 143
TABLE 64 SMART GRID ANALYTICS MARKET IN LOAD FORECASTING & DEMAND RESPONSE, BY REGION, 2019–2023 (USD MILLION) 143
TABLE 65 SMART GRID ANALYTICS MARKET IN LOAD FORECASTING & DEMAND RESPONSE, BY REGION, 2024–2029 (USD MILLION) 144
8.4 GRID OPTIMIZATION, MONITORING, AND MANAGEMENT 144
8.4.1 HELPING UTILITIES MAINTAIN HIGH SERVICE RELIABILITY WHILE OPTIMIZING OPERATIONAL COSTS AND SUPPORTING ENVIRONMENTAL GOALS 144
TABLE 66 SMART GRID ANALYTICS MARKET IN GRID OPTIMIZATION, MONITORING, AND MANAGEMENT, BY REGION, 2019–2023 (USD MILLION) 145
TABLE 67 SMART GRID ANALYTICS MARKET IN GRID OPTIMIZATION, MONITORING, AND MANAGEMENT, BY REGION, 2024–2029 (USD MILLION) 145
8.5 DISTRIBUTED ENERGY RESOURCES MANAGEMENT SYSTEMS 145
8.5.1 ENABLING UTILITIES AND GRID OPERATORS TO MONITOR, CONTROL, AND OPTIMIZE PERFORMANCE OF THESE ENERGY SOURCES 145
TABLE 68 SMART GRID ANALYTICS MARKET IN DISTRIBUTED ENERGY RESOURCES MANAGEMENT SYSTEMS, BY REGION, 2019–2023 (USD MILLION) 146
TABLE 69 SMART GRID ANALYTICS MARKET IN DISTRIBUTED ENERGY RESOURCES MANAGEMENT SYSTEMS, BY REGION, 2024–2029 (USD MILLION) 146
8.6 PREDICTIVE MAINTENANCE 146
8.6.1 COST OPTIMIZATION BY REDUCING NEED FOR EMERGENCY REPAIRS AND OPTIMIZING RESOURCE ALLOCATION 146
TABLE 70 SMART GRID ANALYTICS MARKET IN PREDICTIVE MAINTENANCE, BY REGION, 2019–2023 (USD MILLION) 147
TABLE 71 SMART GRID ANALYTICS MARKET IN PREDICTIVE MAINTENANCE, BY REGION, 2024–2029 (USD MILLION) 147
8.7 ENERGY THEFT DETECTION & CYBERSECURITY 147
8.7.1 SWIFT RESPONSE TO THREATS, MITIGATION OF RISKS, AND IMPLEMENTATION OF ROBUST SECURITY MEASURES BY LEVERAGING ADVANCED ANALYTICS 147
TABLE 72 SMART GRID ANALYTICS MARKET IN ENERGY THEFT DETECTION & CYBERSECURITY, BY REGION, 2019–2023 (USD MILLION) 148
TABLE 73 SMART GRID ANALYTICS MARKET IN ENERGY THEFT DETECTION & CYBERSECURITY, BY REGION, 2024–2029 (USD MILLION) 148
8.8 VOLTAGE, FREQUENCY, AND STABILITY MANAGEMENT 148
8.8.1 MAINTAINING RELIABILITY AND EFFICIENCY OF ELECTRICAL GRID BY EMPLOYING SMART GRID ANALYTICS 148
TABLE 74 SMART GRID ANALYTICS MARKET IN VOLTAGE, FREQUENCY, AND STABILITY MANAGEMENT, BY REGION, 2019–2023 (USD MILLION) 149
TABLE 75 SMART GRID ANALYTICS MARKET IN VOLTAGE, FREQUENCY, AND STABILITY MANAGEMENT, BY REGION, 2024–2029 (USD MILLION) 149
8.9 CUSTOMER ENGAGEMENT & ANALYTICS 150
8.9.1 LEVERAGING ADVANCED DATA ANALYTICS TO GAIN INSIGHTS INTO CUSTOMER BEHAVIOR, PREFERENCES, AND ENERGY CONSUMPTION PATTERNS 150
TABLE 76 SMART GRID ANALYTICS MARKET IN CUSTOMER ENGAGEMENT & ANALYTICS, BY REGION, 2019–2023 (USD MILLION) 150
TABLE 77 SMART GRID ANALYTICS MARKET IN CUSTOMER ENGAGEMENT & ANALYTICS, BY REGION, 2024–2029 (USD MILLION) 150
8.10 VISUAL ANALYTICS 151
8.10.1 NEED TO IDENTIFY PATTERNS, TRENDS, AND ANOMALIES IN ENERGY CONSUMPTION 151
TABLE 78 SMART GRID ANALYTICS MARKET IN VISUAL ANALYTICS, BY REGION, 2019–2023 (USD MILLION) 151
TABLE 79 SMART GRID ANALYTICS MARKET IN VISUAL ANALYTICS, BY REGION, 2024–2029 (USD MILLION) 152
8.11 OUTAGE MANAGEMENT & FAULT DETECTION 152
8.11.1 ABILITY TO QUICKLY DETECT ANOMALIES, PINPOINT LOCATION OF FAULTS, AND PREDICT POTENTIAL FAILURES 152
TABLE 80 SMART GRID ANALYTICS MARKET IN OUTAGE MANAGEMENT & FAULT DETECTION, BY REGION, 2019–2023 (USD MILLION) 152
TABLE 81 SMART GRID ANALYTICS MARKET IN OUTAGE MANAGEMENT & FAULT DETECTION, BY REGION, 2024–2029 (USD MILLION) 153
8.12 OTHER APPLICATIONS 153
TABLE 82 SMART GRID ANALYTICS MARKET IN OTHER APPLICATIONS, BY REGION, 2019–2023 (USD MILLION) 153
TABLE 83 SMART GRID ANALYTICS MARKET IN OTHER APPLICATIONS, BY REGION, 2024–2029 (USD MILLION) 154
9 SMART GRID ANALYTICS MARKET, BY ANALYTICS TYPE 155
9.1 INTRODUCTION 156
9.1.1 ANALYTICS TYPE: SMART GRID ANALYTICS MARKET DRIVERS 156
FIGURE 45 PRESCRIPTIVE ANALYTICS SEGMENT TO REGISTER HIGHER CAGR DURING FORECAST PERIOD 157
TABLE 84 SMART GRID ANALYTICS MARKET, BY ANALYTICS TYPE, 2019–2023 (USD MILLION) 157
TABLE 85 SMART GRID ANALYTICS MARKET, BY ANALYTICS TYPE, 2024–2029 (USD MILLION) 157
9.2 DESCRIPTIVE ANALYTICS 158
9.2.1 LEVERAGING DATA AGGREGATION AND DATA MINING TECHNIQUES TO PROVIDE INSIGHTFUL SUMMARIES AND VISUALIZATIONS 158
TABLE 86 SMART GRID DESCRIPTIVE ANALYTICS MARKET, BY REGION, 2019–2023 (USD MILLION) 158
TABLE 87 SMART GRID DESCRIPTIVE ANALYTICS MARKET, BY REGION, 2024–2029 (USD MILLION) 158
9.3 DIAGNOSTIC ANALYTICS 159
9.3.1 UNCOVERING ROOT CAUSES OF ISSUES SUCH AS POWER OUTAGES AND EQUIPMENT FAILURES WITH DIAGNOSTIC ANALYTICS 159
TABLE 88 SMART GRID DIAGNOSTIC ANALYTICS MARKET, BY REGION, 2019–2023 (USD MILLION) 159
TABLE 89 SMART GRID DIAGNOSTIC ANALYTICS MARKET, BY REGION, 2024–2029 (USD MILLION) 159
9.4 PREDICTIVE ANALYTICS 160
9.4.1 ENABLING FORECASTING OF ENERGY DEMAND, DETECTING ANOMALIES, AND PREVENTING FAILURES 160
TABLE 90 SMART GRID PREDICTIVE ANALYTICS MARKET, BY REGION, 2019–2023 (USD MILLION) 160
TABLE 91 SMART GRID PREDICTIVE ANALYTICS MARKET, BY REGION, 2024–2029 (USD MILLION) 160
9.5 PRESCRIPTIVE ANALYTICS 161
9.5.1 PROVIDING SOPHISTICATED LEVEL OF DATA ANALYSIS FOR ACTIONABLE RECOMMENDATIONS 161
TABLE 92 SMART GRID PRESCRIPTIVE ANALYTICS MARKET, BY REGION, 2019–2023 (USD MILLION) 161
TABLE 93 SMART GRID PRESCRIPTIVE ANALYTICS MARKET, BY REGION, 2024–2029 (USD MILLION) 161
10 SMART GRID ANALYTICS MARKET, BY REGION 162
10.1 INTRODUCTION 163
FIGURE 46 ASIA PACIFIC TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 163
FIGURE 47 INDIA TO REGISTER HIGHEST GROWTH RATE IN SMART GRID ANALYTICS MARKET DURING FORECAST PERIOD 164
TABLE 94 SMART GRID ANALYTICS MARKET, BY REGION, 2019–2023 (USD MILLION) 164
TABLE 95 SMART GRID ANALYTICS MARKET, BY REGION, 2024–2029 (USD MILLION) 164
10.2 NORTH AMERICA 165
10.2.1 NORTH AMERICA: SMART GRID ANALYTICS MARKET DRIVERS 165
10.2.2 NORTH AMERICA: RECESSION IMPACT 165
FIGURE 48 NORTH AMERICA: SMART GRID ANALYTICS MARKET SNAPSHOT 166
TABLE 96 NORTH AMERICA: SMART GRID ANALYTICS MARKET, BY OFFERING, 2019–2023 (USD MILLION) 167
TABLE 97 NORTH AMERICA: SMART GRID ANALYTICS MARKET, BY OFFERING, 2024–2029 (USD MILLION) 167
TABLE 98 NORTH AMERICA: SMART GRID ANALYTICS SOFTWARE MARKET, BY TYPE, 2019–2023 (USD MILLION) 167
TABLE 99 NORTH AMERICA: SMART GRID ANALYTICS SOFTWARE MARKET, BY TYPE, 2024–2029 (USD MILLION) 167
TABLE 100 NORTH AMERICA: SMART GRID ANALYTICS SOFTWARE MARKET, BY DEPLOYMENT MODE, 2019–2023 (USD MILLION) 168
TABLE 101 NORTH AMERICA: SMART GRID ANALYTICS SOFTWARE MARKET, BY DEPLOYMENT MODE, 2024–2029 (USD MILLION) 168
TABLE 102 NORTH AMERICA: SMART GRID ANALYTICS MARKET, BY SERVICE, 2019–2023 (USD MILLION) 168
TABLE 103 NORTH AMERICA: SMART GRID ANALYTICS MARKET, BY SERVICE, 2024–2029 (USD MILLION) 168
TABLE 104 NORTH AMERICA: SMART GRID ANALYTICS MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION) 169
TABLE 105 NORTH AMERICA: SMART GRID ANALYTICS MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION) 169
TABLE 106 NORTH AMERICA: SMART GRID ANALYTICS MARKET, BY APPLICATION, 2019–2023 (USD MILLION) 169
TABLE 107 NORTH AMERICA: SMART GRID ANALYTICS MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 170
TABLE 108 NORTH AMERICA: SMART GRID ANALYTICS MARKET, BY ANALYTICS TYPE, 2019–2023 (USD MILLION) 170
TABLE 109 NORTH AMERICA: SMART GRID ANALYTICS MARKET, BY ANALYTICS TYPE, 2024–2029 (USD MILLION) 171
TABLE 110 NORTH AMERICA: SMART GRID ANALYTICS MARKET, BY COUNTRY, 2019–2023 (USD MILLION) 171
TABLE 111 NORTH AMERICA: SMART GRID ANALYTICS MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 171
10.2.3 US 171
10.2.3.1 Supportive government and regulatory environment to provide significant boost for deployment of smart grid technologies 171
TABLE 112 US: SMART GRID ANALYTICS MARKET, BY OFFERING, 2019–2023 (USD MILLION) 172
TABLE 113 US: SMART GRID ANALYTICS MARKET, BY OFFERING, 2024–2029 (USD MILLION) 172
10.2.4 CANADA 172
TABLE 114 CANADA: SMART GRID ANALYTICS MARKET, BY OFFERING, 2019–2023 (USD MILLION) 173
TABLE 115 CANADA: SMART GRID ANALYTICS MARKET, BY OFFERING, 2024–2029 (USD MILLION) 173
10.3 EUROPE 173
10.3.1 EUROPE: SMART GRID ANALYTICS MARKET DRIVERS 174
10.3.2 EUROPE: RECESSION IMPACT 174
TABLE 116 EUROPE: SMART GRID ANALYTICS MARKET, BY OFFERING, 2019–2023 (USD MILLION) 175
TABLE 117 EUROPE: SMART GRID ANALYTICS MARKET, BY OFFERING, 2024–2029 (USD MILLION) 175
TABLE 118 EUROPE: SMART GRID ANALYTICS SOFTWARE MARKET, BY TYPE, 2019–2023 (USD MILLION) 175
TABLE 119 EUROPE: SMART GRID ANALYTICS SOFTWARE MARKET, BY TYPE, 2024–2029 (USD MILLION) 175
TABLE 120 EUROPE: SMART GRID ANALYTICS SOFTWARE MARKET, BY DEPLOYMENT MODE, 2019–2023 (USD MILLION) 176
TABLE 121 EUROPE: SMART GRID ANALYTICS SOFTWARE MARKET, BY DEPLOYMENT MODE, 2024–2029 (USD MILLION) 176
TABLE 122 EUROPE: SMART GRID ANALYTICS MARKET, BY SERVICE, 2019–2023 (USD MILLION) 176
TABLE 123 EUROPE: SMART GRID ANALYTICS MARKET, BY SERVICE, 2024–2029 (USD MILLION) 176
TABLE 124 EUROPE: SMART GRID ANALYTICS MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION) 176
TABLE 125 EUROPE: SMART GRID ANALYTICS MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION) 177
TABLE 126 EUROPE: SMART GRID ANALYTICS MARKET, BY APPLICATION, 2019–2023 (USD MILLION) 177
TABLE 127 EUROPE: SMART GRID ANALYTICS MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 178
TABLE 128 EUROPE: SMART GRID ANALYTICS MARKET, BY ANALYTICS TYPE, 2019–2023 (USD MILLION) 178
TABLE 129 EUROPE: SMART GRID ANALYTICS MARKET, BY ANALYTICS TYPE, 2024–2029 (USD MILLION) 178
TABLE 130 EUROPE: SMART GRID ANALYTICS MARKET, BY COUNTRY, 2019–2023 (USD MILLION) 179
TABLE 131 EUROPE: SMART GRID ANALYTICS MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 179
10.3.3 UK 179
10.3.3.1 Active investment by UK government as part of broader strategy to transition to low-carbon economy 179
TABLE 132 UK: SMART GRID ANALYTICS MARKET, BY OFFERING, 2019–2023 (USD MILLION) 180
TABLE 133 UK: SMART GRID ANALYTICS MARKET, BY OFFERING, 2024–2029 (USD MILLION) 180
10.3.4 GERMANY 180
10.3.4.1 Energiewende (energy transition) policy aims to achieve renewable, efficient, and sustainable energy system 180
TABLE 134 GERMANY: SMART GRID ANALYTICS MARKET, BY OFFERING, 2019–2023 (USD MILLION) 181
TABLE 135 GERMANY: SMART GRID ANALYTICS MARKET, BY OFFERING, 2024–2029 (USD MILLION) 181
10.3.5 FRANCE 181
TABLE 136 FRANCE: SMART GRID ANALYTICS MARKET, BY OFFERING, 2019–2023 (USD MILLION) 181
TABLE 137 FRANCE: SMART GRID ANALYTICS MARKET, BY OFFERING, 2024–2029 (USD MILLION) 182
10.3.6 ITALY 182
TABLE 138 ITALY: SMART GRID ANALYTICS MARKET, BY OFFERING, 2019–2023 (USD MILLION) 182
TABLE 139 ITALY: SMART GRID ANALYTICS MARKET, BY OFFERING, 2024–2029 (USD MILLION) 183
10.3.7 SPAIN 183
TABLE 140 SPAIN: SMART GRID ANALYTICS MARKET, BY OFFERING, 2019–2023 (USD MILLION) 183
TABLE 141 SPAIN: SMART GRID ANALYTICS MARKET, BY OFFERING, 2024–2029 (USD MILLION) 184
10.3.8 REST OF EUROPE 184
TABLE 142 REST OF EUROPE: SMART GRID ANALYTICS MARKET, BY OFFERING, 2019–2023 (USD MILLION) 184
TABLE 143 REST OF EUROPE: SMART GRID ANALYTICS MARKET, BY OFFERING, 2024–2029 (USD MILLION) 185
10.4 ASIA PACIFIC 185
10.4.1 ASIA PACIFIC: SMART GRID ANALYTICS MARKET DRIVERS 185
10.4.2 ASIA PACIFIC: RECESSION IMPACT 186
FIGURE 49 ASIA PACIFIC: SMART GRID ANALYTICS MARKET SNAPSHOT 187
TABLE 144 ASIA PACIFIC: SMART GRID ANALYTICS MARKET, BY OFFERING, 2019–2023 (USD MILLION) 187
TABLE 145 ASIA PACIFIC: SMART GRID ANALYTICS MARKET, BY OFFERING, 2024–2029 (USD MILLION) 188
TABLE 146 ASIA PACIFIC: SMART GRID ANALYTICS SOFTWARE MARKET, BY TYPE, 2019–2023 (USD MILLION) 188
TABLE 147 ASIA PACIFIC: SMART GRID ANALYTICS SOFTWARE MARKET, BY TYPE, 2024–2029 (USD MILLION) 188
TABLE 148 ASIA PACIFIC: SMART GRID ANALYTICS SOFTWARE MARKET, BY DEPLOYMENT MODE, 2019–2023 (USD MILLION) 188
TABLE 149 ASIA PACIFIC: SMART GRID ANALYTICS SOFTWARE MARKET, BY DEPLOYMENT MODE, 2024–2029 (USD MILLION) 189
TABLE 150 ASIA PACIFIC: SMART GRID ANALYTICS MARKET, BY SERVICE, 2019–2023 (USD MILLION) 189
TABLE 151 ASIA PACIFIC: SMART GRID ANALYTICS MARKET, BY SERVICE, 2024–2029 (USD MILLION) 189
TABLE 152 ASIA PACIFIC: SMART GRID ANALYTICS MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION) 189
TABLE 153 ASIA PACIFIC: SMART GRID ANALYTICS MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION) 190
TABLE 154 ASIA PACIFIC: SMART GRID ANALYTICS MARKET, BY APPLICATION, 2019–2023 (USD MILLION) 190
TABLE 155 ASIA PACIFIC: SMART GRID ANALYTICS MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 191
TABLE 156 ASIA PACIFIC: SMART GRID ANALYTICS MARKET, BY ANALYTICS TYPE, 2019–2023 (USD MILLION) 191
TABLE 157 ASIA PACIFIC: SMART GRID ANALYTICS MARKET, BY ANALYTICS TYPE, 2024–2029 (USD MILLION) 192
TABLE 158 ASIA PACIFIC: SMART GRID ANALYTICS MARKET, BY COUNTRY, 2019–2023 (USD MILLION) 192
TABLE 159 ASIA PACIFIC: SMART GRID ANALYTICS MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 192
10.4.3 CHINA 193
10.4.3.1 Heavy government investment in smart grid technologies, including advanced analytics 193
TABLE 160 CHINA: SMART GRID ANALYTICS MARKET, BY OFFERING, 2019–2023 (USD MILLION) 193
TABLE 161 CHINA: SMART GRID ANALYTICS MARKET, BY OFFERING, 2024–2029 (USD MILLION) 193
10.4.4 INDIA 194
10.4.4.1 Urgent need to modernize aging energy infrastructure and meet rising energy demands 194
TABLE 162 INDIA: SMART GRID ANALYTICS MARKET, BY OFFERING, 2019–2023 (USD MILLION) 194
TABLE 163 INDIA: SMART GRID ANALYTICS MARKET, BY OFFERING, 2024–2029 (USD MILLION) 194
10.4.5 JAPAN 195
TABLE 164 JAPAN: SMART GRID ANALYTICS MARKET, BY OFFERING, 2019–2023 (USD MILLION) 195
TABLE 165 JAPAN: SMART GRID ANALYTICS MARKET, BY OFFERING, 2024–2029 (USD MILLION) 195
10.4.6 SOUTH KOREA 196
TABLE 166 SOUTH KOREA: SMART GRID ANALYTICS MARKET, BY OFFERING, 2019–2023 (USD MILLION) 196
TABLE 167 SOUTH KOREA: SMART GRID ANALYTICS MARKET, BY OFFERING, 2024–2029 (USD MILLION) 196
10.4.7 AUSTRALIA & NEW ZEALAND 197
TABLE 168 AUSTRALIA & NEW ZEALAND: SMART GRID ANALYTICS MARKET, BY OFFERING, 2019–2023 (USD MILLION) 197
TABLE 169 AUSTRALIA & NEW ZEALAND: SMART GRID ANALYTICS MARKET, BY OFFERING, 2024–2029 (USD MILLION) 197
10.4.8 REST OF ASIA PACIFIC 198
TABLE 170 REST OF ASIA PACIFIC: SMART GRID ANALYTICS MARKET, BY OFFERING, 2019–2023 (USD MILLION) 198
TABLE 171 REST OF ASIA PACIFIC: SMART GRID ANALYTICS MARKET, BY OFFERING, 2024–2029 (USD MILLION) 198
10.5 MIDDLE EAST & AFRICA 199
10.5.1 MIDDLE EAST & AFRICA: SMART GRID ANALYTICS MARKET DRIVERS 199
10.5.2 MIDDLE EAST & AFRICA: RECESSION IMPACT 200
TABLE 172 MIDDLE EAST & AFRICA: SMART GRID ANALYTICS MARKET, BY OFFERING, 2019–2023 (USD MILLION) 200
TABLE 173 MIDDLE EAST & AFRICA: SMART GRID ANALYTICS MARKET, BY OFFERING, 2024–2029 (USD MILLION) 200
TABLE 174 MIDDLE EAST & AFRICA: SMART GRID ANALYTICS SOFTWARE MARKET, BY TYPE, 2019–2023 (USD MILLION) 201
TABLE 175 MIDDLE EAST & AFRICA: SMART GRID ANALYTICS SOFTWARE MARKET, BY TYPE, 2024–2029 (USD MILLION) 201
TABLE 176 MIDDLE EAST & AFRICA: SMART GRID ANALYTICS SOFTWARE MARKET, BY DEPLOYMENT MODE, 2019–2023 (USD MILLION) 201
TABLE 177 MIDDLE EAST & AFRICA: SMART GRID ANALYTICS SOFTWARE MARKET, BY DEPLOYMENT MODE, 2024–2029 (USD MILLION) 201
TABLE 178 MIDDLE EAST & AFRICA: SMART GRID ANALYTICS MARKET, BY SERVICE, 2019–2023 (USD MILLION) 202
TABLE 179 MIDDLE EAST & AFRICA: SMART GRID ANALYTICS MARKET, BY SERVICE, 2024–2029 (USD MILLION) 202
TABLE 180 MIDDLE EAST & AFRICA: SMART GRID ANALYTICS MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION) 202
TABLE 181 MIDDLE EAST & AFRICA: SMART GRID ANALYTICS MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION) 202
TABLE 182 MIDDLE EAST & AFRICA: SMART GRID ANALYTICS MARKET, BY APPLICATION, 2019–2023 (USD MILLION) 203
TABLE 183 MIDDLE EAST & AFRICA: SMART GRID ANALYTICS MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 203
TABLE 184 MIDDLE EAST & AFRICA: SMART GRID ANALYTICS MARKET, BY ANALYTICS TYPE, 2019–2023 (USD MILLION) 204
TABLE 185 MIDDLE EAST & AFRICA: SMART GRID ANALYTICS MARKET, BY ANALYTICS TYPE, 2024–2029 (USD MILLION) 204
TABLE 186 MIDDLE EAST & AFRICA: SMART GRID ANALYTICS MARKET, BY COUNTRY, 2019–2023 (USD MILLION) 204
TABLE 187 MIDDLE EAST AND AFRICA: SMART GRID ANALYTICS MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 205
10.5.3 SAUDI ARABIA 205
10.5.3.1 Efforts toward enhancing energy efficiency, reducing carbon emissions, and incorporating more renewable energy sources 205
TABLE 188 SAUDI ARABIA: SMART GRID ANALYTICS MARKET, BY OFFERING, 2019–2023 (USD MILLION) 205
TABLE 189 SAUDI ARABIA: SMART GRID ANALYTICS MARKET, BY OFFERING, 2024–2029 (USD MILLION) 206
10.5.4 UAE 206
TABLE 190 UAE: SMART GRID ANALYTICS MARKET, BY OFFERING, 2019–2023 (USD MILLION) 206
TABLE 191 UAE: SMART GRID ANALYTICS MARKET, BY OFFERING, 2024–2029 (USD MILLION) 207
10.5.5 SOUTH AFRICA 207
TABLE 192 SOUTH AFRICA: SMART GRID ANALYTICS MARKET, BY OFFERING, 2019–2023 (USD MILLION) 207
TABLE 193 SOUTH AFRICA: SMART GRID ANALYTICS MARKET, BY OFFERING, 2024–2029 (USD MILLION) 207
10.5.6 REST OF MIDDLE EAST & AFRICA 208
TABLE 194 REST OF MIDDLE EAST & AFRICA: SMART GRID ANALYTICS MARKET, BY OFFERING, 2019–2023 (USD MILLION) 208
TABLE 195 REST OF MIDDLE EAST & AFRICA: SMART GRID ANALYTICS MARKET, BY OFFERING, 2024–2029 (USD MILLION) 208
10.6 LATIN AMERICA 209
10.6.1 LATIN AMERICA: SMART GRID ANALYTICS MARKET DRIVERS 209
10.6.2 LATIN AMERICA: RECESSION IMPACT 209
TABLE 196 LATIN AMERICA: SMART GRID ANALYTICS MARKET, BY OFFERING, 2019–2023 (USD MILLION) 210
TABLE 197 LATIN AMERICA: SMART GRID ANALYTICS MARKET, BY OFFERING, 2024–2029 (USD MILLION) 210
TABLE 198 LATIN AMERICA: SMART GRID ANALYTICS SOFTWARE MARKET, BY TYPE, 2019–2023 (USD MILLION) 210
TABLE 199 LATIN AMERICA: SMART GRID ANALYTICS SOFTWARE MARKET, BY TYPE, 2024–2029 (USD MILLION) 211
TABLE 200 LATIN AMERICA: SMART GRID ANALYTICS SOFTWARE MARKET, BY DEPLOYMENT MODE, 2019–2023 (USD MILLION) 211
TABLE 201 LATIN AMERICA: SMART GRID ANALYTICS SOFTWARE MARKET, BY DEPLOYMENT MODE, 2024–2029 (USD MILLION) 211
TABLE 202 LATIN AMERICA: SMART GRID ANALYTICS MARKET, BY SERVICE, 2019–2023 (USD MILLION) 211
TABLE 203 LATIN AMERICA: SMART GRID ANALYTICS MARKET, BY SERVICE, 2024–2029 (USD MILLION) 212
TABLE 204 LATIN AMERICA: SMART GRID ANALYTICS MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION) 212
TABLE 205 LATIN AMERICA: SMART GRID ANALYTICS MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION) 212
TABLE 206 LATIN AMERICA: SMART GRID ANALYTICS MARKET, BY APPLICATION, 2019–2023 (USD MILLION) 213
TABLE 207 LATIN AMERICA: SMART GRID ANALYTICS MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 213
TABLE 208 LATIN AMERICA: SMART GRID ANALYTICS MARKET, BY ANALYTICS TYPE, 2019–2023 (USD MILLION) 214
TABLE 209 LATIN AMERICA: SMART GRID ANALYTICS MARKET, BY ANALYTICS TYPE, 2024–2029 (USD MILLION) 214
TABLE 210 LATIN AMERICA: SMART GRID ANALYTICS MARKET, BY COUNTRY, 2019–2023 (USD MILLION) 214
TABLE 211 LATIN AMERICA: SMART GRID ANALYTICS MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 215
10.6.3 BRAZIL 215
10.6.3.1 Proactive modernizing of electricity infrastructure to improve efficiency, reliability, and sustainability 215
TABLE 212 BRAZIL: SMART GRID ANALYTICS MARKET, BY OFFERING, 2019–2023 (USD MILLION) 215
TABLE 213 BRAZIL: SMART GRID ANALYTICS MARKET, BY OFFERING, 2024–2029 (USD MILLION) 216
10.6.4 MEXICO 216
TABLE 214 MEXICO: SMART GRID ANALYTICS MARKET, BY OFFERING, 2019–2023 (USD MILLION) 216
TABLE 215 MEXICO: SMART GRID ANALYTICS MARKET, BY OFFERING, 2024–2029 (USD MILLION) 216
10.6.5 REST OF LATIN AMERICA 217
TABLE 216 REST OF LATIN AMERICA: SMART GRID ANALYTICS MARKET, BY OFFERING, 2019–2023 (USD MILLION) 217
TABLE 217 REST OF LATIN AMERICA: SMART GRID ANALYTICS MARKET, BY OFFERING, 2024–2029 (USD MILLION) 217
11 COMPETITIVE LANDSCAPE 218
11.1 OVERVIEW 218
11.2 KEY PLAYER STRATEGIES 218
TABLE 218 OVERVIEW OF STRATEGIES ADOPTED BY KEY SMART GRID ANALYTICS VENDORS 218
11.3 REVENUE ANALYSIS 221
FIGURE 50 TOP FIVE PUBLIC PLAYERS DOMINATED MARKET OVER FIVE YEARS (USD MILLION) 221
11.4 MARKET SHARE ANALYSIS 222
FIGURE 51 SHARE OF LEADING COMPANIES IN SMART GRID ANALYTICS MARKET, 2023 222
TABLE 219 SMART GRID ANALYTICS MARKET: DEGREE OF COMPETITION 223
11.5 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023 226
11.5.1 STARS 226
11.5.2 EMERGING LEADERS 226
11.5.3 PERVASIVE PLAYERS 226
11.5.4 PARTICIPANTS 226
FIGURE 52 SMART GRID ANALYTICS MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023 227
11.5.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023 228
11.5.5.1 Company Footprint 228
FIGURE 53 COMPANY FOOTPRINT (13 COMPANIES), 2023 228
11.5.5.2 Regional Footprint 228
TABLE 220 REGIONAL FOOTPRINT (13 COMPANIES), 2023 228
11.5.5.3 Offering Footprint 229
TABLE 221 OFFERING FOOTPRINT (13 COMPANIES), 2023 229
11.5.5.4 Application Footprint 230
TABLE 222 APPLICATION FOOTPRINT (13 COMPANIES), 2023 230
11.5.5.5 Analytics Type Footprint 230
TABLE 223 ANALYTICS TYPE FOOTPRINT (13 COMPANIES), 2023 230
11.6 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023 231
11.6.1 PROGRESSIVE COMPANIES 231
11.6.2 RESPONSIVE COMPANIES 231
11.6.3 DYNAMIC COMPANIES 231
11.6.4 STARTING BLOCKS 232
FIGURE 54 SMART GRID ANALYTICS MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2023 232
11.6.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023 233
11.6.5.1 Detailed List of Key Startups/SMEs 233
TABLE 224 SMART GRID ANALYTICS MARKET: DETAILED LIST OF KEY STARTUPS/SMES, 2023 233
11.6.5.2 Competitive Benchmarking of Key Startups/SMEs 234
TABLE 225 SMART GRID ANALYTICS MARKET: COMPETITIVE BENCHMARKING OF STARTUPS/SMES, 2023 234
11.7 COMPETITIVE SCENARIO AND TRENDS 235
11.7.1 PRODUCT LAUNCHES AND ENHANCEMENTS 235
TABLE 226 SMART GRID ANALYTICS MARKET: PRODUCT LAUNCHES AND ENHANCEMENTS, JANUARY 2021–MAY 2024 235
11.7.2 DEALS 239
TABLE 227 SMART GRID ANALYTICS MARKET: DEALS, JANUARY 2021–MAY 2024 239
12 COMPANY PROFILES 247
12.1 INTRODUCTION 247
12.2 KEY PLAYERS 247
(Business Overview, Products/Solutions/Services Offered, Recent Developments, and MnM View)*
12.2.1 SIEMENS 247
TABLE 228 SIEMENS: BUSINESS OVERVIEW 248
FIGURE 55 SIEMENS: COMPANY SNAPSHOT 248
TABLE 229 SIEMENS: PRODUCTS/SOLUTIONS/SERVICES OFFERED 249
TABLE 230 SIEMENS: PRODUCT LAUNCHES AND ENHANCEMENTS 250
TABLE 231 SIEMENS: DEALS 251
12.2.2 IBM 254
TABLE 232 IBM: BUSINESS OVERVIEW 254
FIGURE 56 IBM: COMPANY SNAPSHOT 255
TABLE 233 IBM: SOLUTIONS/SERVICES OFFERED 255
TABLE 234 IBM: PRODUCT LAUNCHES AND ENHANCEMENTS 256
TABLE 235 IBM: DEALS 257
12.2.3 ORACLE 259
TABLE 236 ORACLE: BUSINESS OVERVIEW 259
FIGURE 57 ORACLE: COMPANY SNAPSHOT 260
TABLE 237 ORACLE: SOLUTIONS/SERVICES OFFERED 260
TABLE 238 ORACLE: PRODUCT LAUNCHES AND ENHANCEMENTS 262
TABLE 239 ORACLE: DEALS 263
12.2.4 GE VERNOVA 265
TABLE 240 GE VERNOVA: BUSINESS OVERVIEW 265
FIGURE 58 GE VERNOVA: COMPANY SNAPSHOT 266
TABLE 241 GE VERNOVA: PRODUCTS/SOLUTIONS/SERVICES OFFERED 266
TABLE 242 GE VERNOVA: PRODUCT LAUNCHES AND ENHANCEMENTS 268
TABLE 243 GE VERNOVA: DEALS 269
12.2.5 SCHNEIDER ELECTRIC 271
TABLE 244 SCHNEIDER ELECTRIC: BUSINESS OVERVIEW 271
FIGURE 59 SCHNEIDER ELECTRIC: COMPANY SNAPSHOT 272
TABLE 245 SCHNEIDER ELECTRIC: PRODUCTS/SOLUTIONS/SERVICES OFFERED 272
TABLE 246 SCHNEIDER ELECTRIC: PRODUCT LAUNCHES AND ENHANCEMENTS 273
TABLE 247 SCHNEIDER ELECTRIC: DEALS 274
12.2.6 LANDIS+GYR 275
TABLE 248 LANDIS+GYR: BUSINESS OVERVIEW 275
FIGURE 60 LANDIS+GYR: COMPANY SNAPSHOT 276
TABLE 249 LANDIS+GYR: SOLUTIONS/SERVICES OFFERED 276
TABLE 250 LANDIS+GYR: PRODUCT LAUNCHES AND ENHANCEMENTS 278
TABLE 251 LANDIS+GYR: DEALS 278
12.2.7 ITRON 280
TABLE 252 ITRON: BUSINESS OVERVIEW 280
FIGURE 61 ITRON: COMPANY SNAPSHOT 281
TABLE 253 ITRON: PRODUCTS/SOLUTIONS/SERVICES OFFERED 281
TABLE 254 ITRON: PRODUCT LAUNCHES AND ENHANCEMENTS 283
TABLE 255 ITRON: DEALS 283
12.2.8 SAP 285
TABLE 256 SAP: BUSINESS OVERVIEW 285
FIGURE 62 SAP: COMPANY SNAPSHOT 286
TABLE 257 SAP: PRODUCTS/SOLUTIONS/SERVICES OFFERED 286
TABLE 258 SAP: PRODUCT LAUNCHES AND ENHANCEMENTS 287
12.2.9 SAS INSTITUTE 288
TABLE 259 SAS INSTITUTE: BUSINESS OVERVIEW 288
TABLE 260 SAS INSTITUTE: PRODUCTS/SOLUTIONS/SERVICES OFFERED 289
TABLE 261 SAS INSTITUTE: PRODUCT LAUNCHES AND ENHANCEMENTS 290
TABLE 262 SAS INSTITUTE: DEALS 290
12.2.10 HONEYWELL 291
TABLE 263 HONEYWELL: BUSINESS OVERVIEW 291
FIGURE 63 HONEYWELL: COMPANY SNAPSHOT 292
TABLE 264 HONEYWELL: PRODUCTS/SOLUTIONS/SERVICES OFFERED 292
TABLE 265 HONEYWELL: PRODUCT LAUNCHES AND ENHANCEMENTS 293
TABLE 266 HONEYWELL: DEALS 294
12.2.11 CAPGEMINI 295
12.2.12 ACCENTURE 295
12.2.13 INFOSYS 296
12.3 STARTUP/SME PROFILES 297
12.3.1 AUTOGRID SYSTEMS 297
12.3.2 HIVE POWER 297
12.3.3 ESMART SYSTEMS 298
12.3.4 STEAMACO 298
12.3.5 GRID4C 299
12.3.6 GLOBEMA 299
12.3.7 SPARKMETER 300
12.3.8 INNOWATTS 300
12.3.9 AMPERON 301
12.3.10 KEVALA 301
12.3.11 GRIDPOINT 302
12.3.12 SAFEGRID 302
12.3.13 SENTIENT ENERGY 303
* Business Overview, Products/Solutions/Services Offered, Recent Developments, and MnM View might not be captured in case of unlisted companies.
13 ADJACENT AND RELATED MARKETS 304
13.1 INTRODUCTION 304
13.2 PREDICTIVE MAINTENANCE MARKET – GLOBAL INDUSTRY FORECAST TO 2029 304
13.2.1 MARKET DEFINITION 304
13.2.2 MARKET OVERVIEW 304
13.2.2.1 Predictive maintenance market, by component 304
TABLE 267 PREDICTIVE MAINTENANCE MARKET, BY COMPONENT, 2019–2023 (USD MILLION) 305
TABLE 268 PREDICTIVE MAINTENANCE MARKET, BY COMPONENT, 2024–2029 (USD MILLION) 305
13.2.2.2 Predictive maintenance market, by technology 305
TABLE 269 PREDICTIVE MAINTENANCE MARKET, BY TECHNOLOGY, 2019–2023 (USD MILLION) 305
TABLE 270 PREDICTIVE MAINTENANCE MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION) 306
13.2.2.3 Predictive maintenance market, by technique 306
TABLE 271 PREDICTIVE MAINTENANCE MARKET, BY TECHNIQUE, 2019–2023 (USD MILLION) 306
TABLE 272 PREDICTIVE MAINTENANCE MARKET, BY TECHNIQUE, 2024–2029 (USD MILLION) 306
13.2.2.4 Predictive maintenance market, by vertical 307
TABLE 273 PREDICTIVE MAINTENANCE MARKET, BY VERTICAL, 2019–2023 (USD MILLION) 307
TABLE 274 PREDICTIVE MAINTENANCE MARKET, BY VERTICAL, 2024–2029 (USD MILLION) 307
13.2.2.5 Predictive maintenance market, by region 308
TABLE 275 PREDICTIVE MAINTENANCE MARKET, BY REGION, 2019–2023 (USD MILLION) 308
TABLE 276 PREDICTIVE MAINTENANCE MARKET, BY REGION, 2024–2029 (USD MILLION) 308
13.3 PRESCRIPTIVE ANALYTICS MARKET – GLOBAL INDUSTRY FORECAST TO 2026 308
13.3.1 MARKET DEFINITION 308
13.3.2 MARKET OVERVIEW 309
13.3.2.1 Prescriptive analytics market, by component 309
TABLE 277 PRESCRIPTIVE ANALYTICS MARKET, BY COMPONENT, 2015–2020 (USD MILLION) 309
TABLE 278 PRESCRIPTIVE ANALYTICS MARKET, BY COMPONENT, 2021–2026 (USD MILLION) 309
13.3.2.2 Prescriptive analytics market, by application 309
TABLE 279 PRESCRIPTIVE ANALYTICS MARKET, BY APPLICATION, 2015–2020 (USD MILLION) 310
TABLE 280 PRESCRIPTIVE ANALYTICS MARKET, BY APPLICATION, 2021–2026 (USD MILLION) 310
13.3.2.3 Prescriptive maintenance market, by business function 310
TABLE 281 PRESCRIPTIVE ANALYTICS MARKET, BY BUSINESS FUNCTION, 2015–2020 (USD MILLION) 311
TABLE 282 PRESCRIPTIVE ANALYTICS MARKET, BY BUSINESS FUNCTION, 2021–2026 (USD MILLION) 311
13.3.2.4 Prescriptive analytics market, by vertical 311
TABLE 283 PRESCRIPTIVE ANALYTICS MARKET, BY VERTICAL, 2015–2020 (USD MILLION) 312
TABLE 284 PRESCRIPTIVE ANALYTICS MARKET, BY VERTICAL, 2021–2026 (USD MILLION) 312
13.3.2.5 Prescriptive analytics market, by region 313
TABLE 285 PRESCRIPTIVE ANALYTICS MARKET, BY REGION, 2015–2020 (USD MILLION) 313
TABLE 286 PRESCRIPTIVE ANALYTICS MARKET, BY REGION, 2021–2026 (USD MILLION) 313
14 APPENDIX 314
14.1 DISCUSSION GUIDE 314
14.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 320
14.3 CUSTOMIZATION OPTIONS 322
14.4 RELATED REPORTS 322
14.5 AUTHOR DETAILS 323
