Global Smart Grid Data Analytics Market Growth (Status and Outlook) 2024-2030

Global Smart Grid Data Analytics Market Growth (Status and Outlook) 2024-2030

With the fast development of smart grids and smart grid related equipment and solutions, the major concern for the power utilities is the management of data generated by these smart grid applications. With increase in the smart grid deployments, smart grid data analytics will become essential and vital to manage the large chunks of data.

The global Smart Grid Data Analytics market size is projected to grow from US$ 1060.9 million in 2023 to US$ 3970.2 million in 2030; it is expected to grow at a CAGR of 20.7% from 2024 to 2030.

LPI (LP Information)' newest research report, the “Smart Grid Data Analytics Industry Forecast” looks at past sales and reviews total world Smart Grid Data Analytics sales in 2023, providing a comprehensive analysis by region and market sector of projected Smart Grid Data Analytics sales for 2024 through 2030. With Smart Grid Data Analytics sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Smart Grid Data Analytics industry.

This Insight Report provides a comprehensive analysis of the global Smart Grid Data Analytics landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Smart Grid Data Analytics portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Smart Grid Data Analytics market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Smart Grid Data Analytics and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Smart Grid Data Analytics.

United States market for Smart Grid Data Analytics is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

China market for Smart Grid Data Analytics is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Europe market for Smart Grid Data Analytics is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key Smart Grid Data Analytics players cover Itron, Xylem Inc, IBM, Microsoft and SAP, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.

This report presents a comprehensive overview, market shares, and growth opportunities of Smart Grid Data Analytics market by product type, application, key players and key regions and countries.

Segmentation by type
Software
Hardware
Service

Segmentation by application
Residential Sector
Commercial Sector
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Itron
Xylem Inc
IBM
Microsoft
SAP
Verizon
Infosys
Accenture
AutoGrid

Please note: The report will take approximately 2 business days to prepare and deliver.