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1 MarketsandMarkets Publisher Sample Phone: (US) or or (Int'l) Hours: Monday - Thursday: 5:30am - 6:30pm EST Fridays: 5:30am - 5:30pm EST MarketResearch.com

2 SMART GRID ANALYTICS MARKET By Solution (AMI Analytics, Demand Response Analytics, Asset Management, Grid Optimization, Energy Data Forecasting/Load Forecasting and Visualization Tools) WORLDWIDE FORECAST AND ANALYSIS It s all about markets MARKETSANDMARKETS

3 MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world. MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. MarketsandMarkets covers fourteen industry verticals, including aerospace and defence, advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT. Copyright 2015 MarketsandMarkets All Rights Reserved. This document contains highly confidential information and is the sole property of MarketsandMarkets. No part of it may be circulated, copied, quoted, or otherwise reproduced without the approval of MarketsandMarkets. 1

4 1 INTRODUCTION 1.1 OBJECTIVES OF THE STUDY To define and segment the global smart grid analytics market To describe and forecast the global smart grid analytics market on the basis of solutions, services, and deployment models To forecast the market size of the five main regional segments, namely North America (NA), Europe, Latin America (LA), Asia-Pacific (APAC), and Middle East and Africa (MEA) To strategically analyze sub-segments with respect to individual growth trends, future prospects, and contribution to the total market To provide a detailed information regarding the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges) To analyze the opportunities in the market for stakeholders and to provide details of a competitive landscape for major players To strategically profile key players and comprehensively analyze their core competencies and positioning To track and analyze competitive developments such as Mergers and Acquisitions (M&A), new product developments, and Research and Development (R&D) in the market 1.2 MARKET DEFINITION Over the passage of time, the energy and utility industry has undergone numerous technological advancements. The advent of smart grid is a chief progress in this industry. Smart grid is basically framed by the integration of computer intelligence and networking solutions with power generation, transmission, and distribution facilities. The smart grid offers a broad scope of improvements in grid operations and planning systems through the adoption of more effective communication and automation measures within the grid as well as between the consumers and the electricity distribution system. The growth of smart grid eventually led to a massive increase in the volume and velocity of data generation in the utility sector. The trend of Advanced Metering Infrastructure (AMI) deployment across the world has added substantially to the amount of data being engendered. A number of other data sources in the utility industry are Supervisory Control and Data Acquisition (SCADA), sensors including voltage regulators and intelligent thermostats, and other data management systems such as Content Management System (CMS), Outage Management System (OMS), Customer Information System (CIS), and others. Thus, the need to manage such massive amount of data and to extract useful insights from it increased, which led to the advent of smart grid analytics solutions and services in the market. The businesses in the utility industry are progressively focusing to deploy a large number of big data analytics software in the smart grid space through the support of analytics software vendors and system 2

5 integrators. The level of awareness, regarding the benefits of big data analytics solutions in the facilities and equipment across the grid ecosystem, is rising in the business undertakings in the utility sector. The management and other grid staff is considering the benefits of analytics deployments on the operations and maintenance of the grid assets as well as on the strategic management and planning of the grid. 1.3 MARKET SCOPE The report on smart grid analytics market defines this market as a market comprising smart grid analytics software and services comprising AMI analytics software, demand response analytics software, asset analytics software, analytics software for grid optimization, energy data forecasting software, professional services and support and maintenance services, which are used to analyze data. This report thus strictly includes different type of analytics software and services. This study covers several types of smart grid analytics software as well as service segments to arrive at the overall global market size for smart grid analytics market during the forecast period The software segment comprises key software used in the smart grid analytics market space such as AMI analytics software, demand response analytics software, asset analytics software, analytics software for grid optimization, and energy data forecasting software The service segment comprises professional services and support & maintenance services On the basis of deployment model, the report is segmented into cloud-based and on-premises deployments MARKETS COVERED The report on smart grid analytics market categorizes this market into the following segments: Global Smart Grid Analytics Market, by Software AMI Analytics Demand Response Analytics Asset Management Grid Optimization Energy Data Forecasting Visualization Tools Sources: Industry Experts and MarketsandMarkets Analysis 3

6 Global Smart Grid Analytics Market, by Service Professional Services Support and Maintenance Sources: Industry Experts and MarketsandMarkets Analysis Global Smart Grid Analytics Market, by Deployment Model On-Premise On-Demand (Cloud) Sources: Industry Experts and MarketsandMarkets Analysis Global Smart Grid Analytics Market, by Organization Size SMB Large Enterprise Sources: Industry Experts and MarketsandMarkets Analysis Global Smart Grid Analytics Market, by Region NA Europe APAC LA MEA 4

7 1.3.2 YEARS Historical Year: 2012 Base Year: 2013 Estimated Year: 2014 Projected Year: 2019 CAGR%: (2014 to 2019) 1.4 CURRENCY The currency used in the report is U.S. (United States) dollar, with market size indicated only in $billion and $million. For companies reporting their revenues in U.S. dollars, the revenue we picked from their annual reports For companies that reported their revenue in other currencies, average annual currency conversion rate was used for that particular year to convert the value in U.S. dollars 1.5 LIMITATION Market sizing for the report is done by considering the software and services present in this market space. The hardware components are not taken into consideration. 1.6 STAKEHOLDERS Big data analytics software vendors Application development vendors System integrators Consultants/consultancies/advisory firms Training and education service providers Support and maintenance service providers Managed service providers 5

8 2 EXECUTIVE SUMMARY The businesses running in the utility sector, particularly the ones operating and innovating in the smart grid sphere are undergoing a myriad of technological advancements. There are a number of sources through which data is generated in the smart grid, including smart meters, SCADA, customer billing software, sensors such as intelligent thermostats and voltage regulators, and data management systems such as OMS, CIS, CMS, and more. Moreover, the amount of data being generated in this industry is massive, and there is an immense requirement to manage the high volume and velocity of data generation. Such massive volume of data, when handled and analyzed efficiently using big data analytics tools, helps in the extraction of useful insights which would ultimately lead to higher Return on Investment (ROI) and hence more profit for the businesses operating in the smart grid universe. For instance, in the smart grid market, these extracted insights can be used to segment customers according to the power usage; to enhance the demand response programs by analyzing the levels consumption and production; and to optimize grid operations by optimizing peak load and reducing outages. TABLE 1 SMART GRID ANALYTICS MARKET SIZE, BY TYPE, ($MILLION) Type e 2019-p CAGR ( ) Solution XX XX XX XX XX Service XX XX XX XX XX Total XX XX XX XX XX e- Estimated; p-projected Sources: Related Research Publications, Government Publications, Company Press Releases, Company Annual Report, Company Websites, Company Publications, MarketsandMarkets Analysis The table above represents the overall smart grid analytics market by type, which is segmented into solutions and services prevailing in this market. The solution and service segment are further divided into sub-segments in the next chapters 6

9 FIGURE 1 THE EVOLUTION OF ANALYTICS Age of Automation Transactive Grid Groundwork Interactive Grid Wholesome Spearheading combination of IT and Advent of advanced Utility industry achievements in the automation, measurement and Customer Deployment of smart grid space analytics solutions advanced computing engagement and Synchronized Phasor technologies for better Enhanced grid automation of energy response time Measurement Systems operations Conversion of sensors Next generation Distribution into intelligent/ learning Advanced Metering computing and sensors Automation Systems Infrastructure analytics systems Intuitive response to Unveiling of smart completion supply and demand at Enhanced value for meters to huge C&I the Transmission and Deployment of both the grid and the Distribution nodal customers points phasor customers Mid1990s till 2008 measurement 2009 units to and beyond Sources: Press Releases, Expert Interviews, and MarketsandMarkets Analysis The smart grid analytics market has evolved significantly in recent years, in terms of technological advancements. From spearheading the distribution automation systems and rolling out smart meters till 2008 to the advent of advanced analytics solutions and enhanced grid operations from , the smart grid landscape has witnessed tremendous changes. This time period also saw the rise of the AMI deployments majorly in NA, Europe, and China. The future of smart grid analytics involves the increased engagement of customers with an all-round grid and customer centric combination of smart utilities with IT. The business intelligence related developments enveloping demand response management system and load forecasting functions will grow too. 7

10 FIGURE 2 NA HOLDS THE HIGHEST MARKET SHARE FOR 2014 Market Share = XX% Market Share = XX% Market Share =XX% Market Share = XX% North America Europe Pacific - Asia Market Share =XX% Latin America Middle East and Africa Sources: Investor Presentations, Expert Interviews, and MarketsandMarkets Analysis The figure above represents the regional market share for the five regions. NA accounts for almost XX% of the overall smart grid analytics market share for the year NA is followed by Europe having XX% of the overall market share for smart grid analytics in APAC accounts for around XX% of the market share in 2014, whereas LA and MEA have captured XX% and 9%, respectively, in the overall smart grid analytics market. FIGURE 3 TOP THREE SEGMENTS FOR SMART GRID ANALYTICS MARKET The figure above showcases the top three revenue segments of smart grid analytics for the year In case of the regional market, NA is the leading market share holder in Also, professional service is the top service segment with XX% market share in Moreover, in the solution segment, AMI analytics is leading the market with XX% market share of the overall smart grid analytics solutions market for the year XX % NA, the largest market share holder in the regional segment in 2014 XX% Professional services, the highest market share holder in the service segment in 2014 XX% AMI analytics, the largest market share holder in the solution segment in

11 TABLE 2 GLOBAL SMART GRID ANALYTICS MARKET SIZE AND GROWTH, ($MILLION, Y-O-Y %) Smart Grid Analytics Market e 2019-p CAGR ( ) Revenue XX XX XX XX XX Y-o-Y (%) XX XX XX XX XX e- Estimated; p-projected Sources: Related Research Publications, Government Publications, Company Press Releases, Company Annual Report, Company Websites, Company Publications, MarketsandMarkets Analysis 9

12 Disclaimer: MarketsandMarkets strategic analysis services are limited publications containing valuable market information provided to a select group of customers in response to orders. Our customers acknowledge, when ordering, that MarketsandMarkets strategic analysis services are for our customers internal use and not for general publication or disclosure to third parties. Quantitative market information is based primarily on interviews and therefore, is subject to fluctuation. MarketsandMarkets does not endorse any vendor, product or service depicted in its research publications. MarketsandMarkets strategic analysis publications consist of the opinions of MarketsandMarkets' research and should not be construed as statements of fact. MarketsandMarkets disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose. MarketsandMarkets takes no responsibility for any incorrect information supplied to us by manufacturers or users. All trademarks, copyrights and other forms of intellectual property belong to their respective owners and may be protected by copyright. Under no circumstance may any of these be reproduced in any form without the prior written agreement of their owner. No part of this strategic analysis service may be given, lent, resold or disclosed to non-customers without written permission. Reproduction and/or transmission in any form and by any means including photocopying, mechanical, electronic, recording or otherwise, without the permission of the publisher is prohibited. 10

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