Need help finding what you are looking for?
Contact Us
PUBLISHER: IMARC | PRODUCT CODE: 1451652
PUBLISHER: IMARC | PRODUCT CODE: 1451652
Smart Grid Data Analytics Market Report by Solution (Transmission and Distribution Network, Metering, Customer Analytics), Deployment, Application, End Use Vertical (Private Sector, Public Sector), and Region 2024-2032
PUBLISHED:
PAGES: 147 Pages
DELIVERY TIME: 2-3 business days
SELECT AN OPTION
The global smart grid data analytics market size reached US$ 2.5 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 5.8 Billion by 2032, exhibiting a growth rate (CAGR) of 9.49% during 2024-2032.
Smart grid data analytics refer to systematic computational solutions used to analyze large amounts of data produced from smart grid systems. They collect valuable information generated by the equipment and help in predicting the load for the future. They consist of forecasting, predictive, prescriptive analytics and optimization. Smart grid data analytics are widely used in demand response, grid optimization and advanced metering infrastructure analysis. They aid in improving grid reliability, efficient energy transmission, and security, lowering management costs, and delivering personalized energy services to consumers and better integration of renewable energy. These solutions are deployed to gain predictive analysis, establish better decision support systems and optimize grid efficiency.
Smart Grid Data Analytics Market Trends:
The increasing product demand by utility service providers across the globe is creating a positive outlook for the market growth. Smart grid data analytics are set up at the end of utility providers to help them in analyzing load behavior, optimizing grid operations, decreasing power cuts and making better decisions. In line with this, the widespread adoption of smart meters by consumers to manage their energy consumption is favoring the market growth. Apart from this, various technological advancements, such as the integration of the internet of things (IoT) that aid in reliable and efficient energy transmission and enhancing security, is providing an impetus to the market growth. Additionally, the introduction of advanced metering infrastructure (AMI) that reduces utility costs and offers convenience to the customer by remotely reading meters and generating more accurate bills faster is positively impacting the market growth. Other factors, including extensive research and development (R&D) activities, growing smart city developments and various government initiatives for the use of renewable sources of power generation, are anticipated to drive the market further toward growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global smart grid data analytics market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on solution, deployment, application and end use vertical.
Breakup by Solution:
Transmission and Distribution (T&D) Network
Metering
Customer Analytics
Breakup by Deployment:
Cloud-based
On-premises
Breakup by Application:
Advanced Metering Infrastructure Analytics
Demand Response Analysis
Grid Optimization Analysis
Others
Breakup by End Use Vertical:
Private Sector (SMEs and Large Enterprises)
Public Sector
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Accenture plc, AutoGrid Systems Inc., General Electric Company, International Business Machines Corporation, Itron Inc., Landis+Gyr (Toshiba Corporation), SAP SE, SAS Institute Inc., Schneider Electric SE, Sensus USA Inc. (Xylem Inc.), Siemens AG and Tantalus System Corporation.
Key Questions Answered in This Report
- 1. What was the size of the global smart grid data analytics market in 2023?
- 2. What is the expected growth rate of the global smart grid data analytics market during 2024-2032?
- 3. What has been the impact of COVID-19 on the global smart grid data analytics market?
- 4. What are the key factors driving the global smart grid data analytics market?
- 5. What is the breakup of the global smart grid data analytics market based on the solution?
- 6. What is the breakup of the global smart grid data analytics market based on the deployment?
- 7. What is the breakup of the global smart grid data analytics market based on the end-use vertical?
- 8. What are the key regions in the global smart grid data analytics market?
- 9. Who are the key players/companies in the global smart grid data analytics market?
Product Code: SR112024A5416
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Smart Grid Data Analytics Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Solution
- 6.1 Transmission and Distribution (T&D) Network
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Metering
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Customer Analytics
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
7 Market Breakup by Deployment
- 7.1 Cloud-based
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 On-premises
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
8 Market Breakup by Application
- 8.1 Advanced Metering Infrastructure Analytics
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Demand Response Analysis
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Grid Optimization Analysis
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Others
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
9 Market Breakup by End Use Vertical
- 9.1 Private Sector (SMEs and Large Enterprises)
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 Public Sector
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
10 Market Breakup by Region
- 10.1 North America
- 10.1.1 United States
- 10.1.1.1 Market Trends
- 10.1.1.2 Market Forecast
- 10.1.2 Canada
- 10.1.2.1 Market Trends
- 10.1.2.2 Market Forecast
- 10.1.1 United States
- 10.2 Asia-Pacific
- 10.2.1 China
- 10.2.1.1 Market Trends
- 10.2.1.2 Market Forecast
- 10.2.2 Japan
- 10.2.2.1 Market Trends
- 10.2.2.2 Market Forecast
- 10.2.3 India
- 10.2.3.1 Market Trends
- 10.2.3.2 Market Forecast
- 10.2.4 South Korea
- 10.2.4.1 Market Trends
- 10.2.4.2 Market Forecast
- 10.2.5 Australia
- 10.2.5.1 Market Trends
- 10.2.5.2 Market Forecast
- 10.2.6 Indonesia
- 10.2.6.1 Market Trends
- 10.2.6.2 Market Forecast
- 10.2.7 Others
- 10.2.7.1 Market Trends
- 10.2.7.2 Market Forecast
- 10.2.1 China
- 10.3 Europe
- 10.3.1 Germany
- 10.3.1.1 Market Trends
- 10.3.1.2 Market Forecast
- 10.3.2 France
- 10.3.2.1 Market Trends
- 10.3.2.2 Market Forecast
- 10.3.3 United Kingdom
- 10.3.3.1 Market Trends
- 10.3.3.2 Market Forecast
- 10.3.4 Italy
- 10.3.4.1 Market Trends
- 10.3.4.2 Market Forecast
- 10.3.5 Spain
- 10.3.5.1 Market Trends
- 10.3.5.2 Market Forecast
- 10.3.6 Russia
- 10.3.6.1 Market Trends
- 10.3.6.2 Market Forecast
- 10.3.7 Others
- 10.3.7.1 Market Trends
- 10.3.7.2 Market Forecast
- 10.3.1 Germany
- 10.4 Latin America
- 10.4.1 Brazil
- 10.4.1.1 Market Trends
- 10.4.1.2 Market Forecast
- 10.4.2 Mexico
- 10.4.2.1 Market Trends
- 10.4.2.2 Market Forecast
- 10.4.3 Others
- 10.4.3.1 Market Trends
- 10.4.3.2 Market Forecast
- 10.4.1 Brazil
- 10.5 Middle East and Africa
- 10.5.1 Market Trends
- 10.5.2 Market Breakup by Country
- 10.5.3 Market Forecast
11 SWOT Analysis
- 11.1 Overview
- 11.2 Strengths
- 11.3 Weaknesses
- 11.4 Opportunities
- 11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
- 13.1 Overview
- 13.2 Bargaining Power of Buyers
- 13.3 Bargaining Power of Suppliers
- 13.4 Degree of Competition
- 13.5 Threat of New Entrants
- 13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
- 15.1 Market Structure
- 15.2 Key Players
- 15.3 Profiles of Key Players
- 15.3.1 Accenture plc
- 15.3.1.1 Company Overview
- 15.3.1.2 Product Portfolio
- 15.3.1.3 Financials
- 15.3.1.4 SWOT Analysis
- 15.3.2 AutoGrid Systems Inc.
- 15.3.2.1 Company Overview
- 15.3.2.2 Product Portfolio
- 15.3.3 General Electric Company
- 15.3.3.1 Company Overview
- 15.3.3.2 Product Portfolio
- 15.3.3.3 Financials
- 15.3.3.4 SWOT Analysis
- 15.3.4 International Business Machines Corporation
- 15.3.4.1 Company Overview
- 15.3.4.2 Product Portfolio
- 15.3.4.3 Financials
- 15.3.4.4 SWOT Analysis
- 15.3.5 Itron Inc.
- 15.3.5.1 Company Overview
- 15.3.5.2 Product Portfolio
- 15.3.5.3 Financials
- 15.3.5.4 SWOT Analysis
- 15.3.6 Landis+Gyr (Toshiba Corporation)
- 15.3.6.1 Company Overview
- 15.3.6.2 Product Portfolio
- 15.3.6.3 Financials
- 15.3.7 SAP SE
- 15.3.7.1 Company Overview
- 15.3.7.2 Product Portfolio
- 15.3.7.3 Financials
- 15.3.7.4 SWOT Analysis
- 15.3.8 SAS Institute Inc.
- 15.3.8.1 Company Overview
- 15.3.8.2 Product Portfolio
- 15.3.8.3 SWOT Analysis
- 15.3.9 Schneider Electric SE
- 15.3.9.1 Company Overview
- 15.3.9.2 Product Portfolio
- 15.3.9.3 Financials
- 15.3.9.4 SWOT Analysis
- 15.3.10 Sensus USA Inc. (Xylem Inc.)
- 15.3.10.1 Company Overview
- 15.3.10.2 Product Portfolio
- 15.3.10.3 SWOT Analysis
- 15.3.11 Siemens AG
- 15.3.11.1 Company Overview
- 15.3.11.2 Product Portfolio
- 15.3.11.3 Financials
- 15.3.11.4 SWOT Analysis
- 15.3.12 Tantalus System Corporation
- 15.3.12.1 Company Overview
- 15.3.12.2 Product Portfolio
- 15.3.1 Accenture plc
Product Code: SR112024A5416
List of Figures
- Figure 1: Global: Smart Grid Data Analytics Market: Major Drivers and Challenges
- Figure 2: Global: Smart Grid Data Analytics Market: Sales Value (in Billion US$), 2018-2023
- Figure 3: Global: Smart Grid Data Analytics Market Forecast: Sales Value (in Billion US$), 2024-2032
- Figure 4: Global: Smart Grid Data Analytics Market: Breakup by Solution (in %), 2023
- Figure 5: Global: Smart Grid Data Analytics Market: Breakup by Deployment (in %), 2023
- Figure 6: Global: Smart Grid Data Analytics Market: Breakup by Application (in %), 2023
- Figure 7: Global: Smart Grid Data Analytics Market: Breakup by End Use Vertical (in %), 2023
- Figure 8: Global: Smart Grid Data Analytics Market: Breakup by Region (in %), 2023
- Figure 9: Global: Smart Grid Data Analytics (Transmission and Distribution (T&D) Network) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 10: Global: Smart Grid Data Analytics (Transmission and Distribution (T&D) Network) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 11: Global: Smart Grid Data Analytics (Metering) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 12: Global: Smart Grid Data Analytics (Metering) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 13: Global: Smart Grid Data Analytics (Customer Analytics) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 14: Global: Smart Grid Data Analytics (Customer Analytics) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 15: Global: Smart Grid Data Analytics (Cloud-based) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 16: Global: Smart Grid Data Analytics (Cloud-based) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 17: Global: Smart Grid Data Analytics (On-premises) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 18: Global: Smart Grid Data Analytics (On-premises) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 19: Global: Smart Grid Data Analytics (Advanced Metering Infrastructure Analytics) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 20: Global: Smart Grid Data Analytics (Advanced Metering Infrastructure Analytics) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 21: Global: Smart Grid Data Analytics (Demand Response Analysis) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 22: Global: Smart Grid Data Analytics (Demand Response Analysis) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 23: Global: Smart Grid Data Analytics (Grid Optimization Analysis) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 24: Global: Smart Grid Data Analytics (Grid Optimization Analysis) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 25: Global: Smart Grid Data Analytics (Other Applications) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 26: Global: Smart Grid Data Analytics (Other Applications) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 27: Global: Smart Grid Data Analytics (Private Sector (SMEs and Large Enterprises)) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 28: Global: Smart Grid Data Analytics (Private Sector (SMEs and Large Enterprises)) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 29: Global: Smart Grid Data Analytics (Public Sector) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 30: Global: Smart Grid Data Analytics (Public Sector) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 31: North America: Smart Grid Data Analytics Market: Sales Value (in Million US$), 2018 & 2023
- Figure 32: North America: Smart Grid Data Analytics Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 33: United States: Smart Grid Data Analytics Market: Sales Value (in Million US$), 2018 & 2023
- Figure 34: United States: Smart Grid Data Analytics Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 35: Canada: Smart Grid Data Analytics Market: Sales Value (in Million US$), 2018 & 2023
- Figure 36: Canada: Smart Grid Data Analytics Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 37: Asia-Pacific: Smart Grid Data Analytics Market: Sales Value (in Million US$), 2018 & 2023
- Figure 38: Asia-Pacific: Smart Grid Data Analytics Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 39: China: Smart Grid Data Analytics Market: Sales Value (in Million US$), 2018 & 2023
- Figure 40: China: Smart Grid Data Analytics Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 41: Japan: Smart Grid Data Analytics Market: Sales Value (in Million US$), 2018 & 2023
- Figure 42: Japan: Smart Grid Data Analytics Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 43: India: Smart Grid Data Analytics Market: Sales Value (in Million US$), 2018 & 2023
- Figure 44: India: Smart Grid Data Analytics Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 45: South Korea: Smart Grid Data Analytics Market: Sales Value (in Million US$), 2018 & 2023
- Figure 46: South Korea: Smart Grid Data Analytics Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 47: Australia: Smart Grid Data Analytics Market: Sales Value (in Million US$), 2018 & 2023
- Figure 48: Australia: Smart Grid Data Analytics Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 49: Indonesia: Smart Grid Data Analytics Market: Sales Value (in Million US$), 2018 & 2023
- Figure 50: Indonesia: Smart Grid Data Analytics Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 51: Others: Smart Grid Data Analytics Market: Sales Value (in Million US$), 2018 & 2023
- Figure 52: Others: Smart Grid Data Analytics Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 53: Europe: Smart Grid Data Analytics Market: Sales Value (in Million US$), 2018 & 2023
- Figure 54: Europe: Smart Grid Data Analytics Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 55: Germany: Smart Grid Data Analytics Market: Sales Value (in Million US$), 2018 & 2023
- Figure 56: Germany: Smart Grid Data Analytics Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 57: France: Smart Grid Data Analytics Market: Sales Value (in Million US$), 2018 & 2023
- Figure 58: France: Smart Grid Data Analytics Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 59: United Kingdom: Smart Grid Data Analytics Market: Sales Value (in Million US$), 2018 & 2023
- Figure 60: United Kingdom: Smart Grid Data Analytics Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 61: Italy: Smart Grid Data Analytics Market: Sales Value (in Million US$), 2018 & 2023
- Figure 62: Italy: Smart Grid Data Analytics Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 63: Spain: Smart Grid Data Analytics Market: Sales Value (in Million US$), 2018 & 2023
- Figure 64: Spain: Smart Grid Data Analytics Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 65: Russia: Smart Grid Data Analytics Market: Sales Value (in Million US$), 2018 & 2023
- Figure 66: Russia: Smart Grid Data Analytics Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 67: Others: Smart Grid Data Analytics Market: Sales Value (in Million US$), 2018 & 2023
- Figure 68: Others: Smart Grid Data Analytics Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 69: Latin America: Smart Grid Data Analytics Market: Sales Value (in Million US$), 2018 & 2023
- Figure 70: Latin America: Smart Grid Data Analytics Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 71: Brazil: Smart Grid Data Analytics Market: Sales Value (in Million US$), 2018 & 2023
- Figure 72: Brazil: Smart Grid Data Analytics Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 73: Mexico: Smart Grid Data Analytics Market: Sales Value (in Million US$), 2018 & 2023
- Figure 74: Mexico: Smart Grid Data Analytics Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 75: Others: Smart Grid Data Analytics Market: Sales Value (in Million US$), 2018 & 2023
- Figure 76: Others: Smart Grid Data Analytics Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 77: Middle East and Africa: Smart Grid Data Analytics Market: Sales Value (in Million US$), 2018 & 2023
- Figure 78: Middle East and Africa: Smart Grid Data Analytics Market: Breakup by Country (in %), 2023
- Figure 79: Middle East and Africa: Smart Grid Data Analytics Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 80: Global: Smart Grid Data Analytics Industry: SWOT Analysis
- Figure 81: Global: Smart Grid Data Analytics Industry: Value Chain Analysis
- Figure 82: Global: Smart Grid Data Analytics Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Smart Grid Data Analytics Market: Key Industry Highlights, 2023 and 2032
- Table 2: Global: Smart Grid Data Analytics Market Forecast: Breakup by Solution (in Million US$), 2024-2032
- Table 3: Global: Smart Grid Data Analytics Market Forecast: Breakup by Deployment (in Million US$), 2024-2032
- Table 4: Global: Smart Grid Data Analytics Market Forecast: Breakup by Application (in Million US$), 2024-2032
- Table 5: Global: Smart Grid Data Analytics Market Forecast: Breakup by End Use Vertical (in Million US$), 2024-2032
- Table 6: Global: Smart Grid Data Analytics Market Forecast: Breakup by Region (in Million US$), 2024-2032
- Table 7: Global: Smart Grid Data Analytics Market: Competitive Structure
- Table 8: Global: Smart Grid Data Analytics Market: Key Players
Have a question?
SELECT AN OPTION
Have a question?
Questions? Please give us a call or visit the contact form.