DUBLIN--(BUSINESS WIRE)--The "Energy and Utility Analytics Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Type, By Deployment Model, By Application, and By Verticals" report has been added to ResearchAndMarkets.com's offering.

The market was valued at US$ 2,672.5 million in 2019 and is projected to reach US$ 6,971.2 million by 2027; it is expected to grow at a CAGR of 13.4% from 2020 to 2027.

The financial outcomes of oil and gas companies depend upon the performance of complex, capital-intensive process facilities, to a large extent. However, until very recently, these companies have not had the tools or the capabilities needed to operate these assets at their maximum capacity.

The oil and gas industry had to manage risks on many fronts, and the assets employed were expensive and capital intensive. To mitigate these risks, they have begun implementing cloud-based data analytics systems. The reliability, responsiveness, and security conferred by cloud-based computing have been, therefore, driving the demand for cloud-based analytics solutions, which, in turn, boosts the growth of the energy and utility analytics market.

Impact of COVID-19 Pandemic on Energy and Utility Analytics Market

According to the World Health Organization (WHO), the US, India, Brazil, Russia, Peru, Columbia, South Africa, and Mexico are a few of the worst-affected countries due to the COVID-19 pandemic. The pandemic is affecting the industries worldwide; the global economy is on the verge of taking the worst hit in 2020, and the impact is likely to continue in 2021 as well. The outbreak has created significant disruptions in energy and utility sector.

Atos SE; BUILDINGIQ, INC.; CAPGEMINI SE; IBM Corporation; Infosys Ltd.; Oracle Corporation; SAP SE; SAS Institute Inc.; WegoWise, Inc.; and Wipro Limited are among the few major companies operating in the energy and utility analytics market.

Key Topics Covered:

1. Introduction

1.1 Study Scope

1.2 Report Guidance

1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

4. Energy and Utility Analytics Market Landscape

4.1 Market Overview

4.2 PEST Analysis

4.3 Ecosystem Analysis

4.4 Expert Opinion

5. Energy and Utility Analytics -Market Dynamics

5.1 Key Market Drivers

5.1.1 Advanced decision making capabilities offered by Analytics solutions

5.1.2 Enhanced customer service capabilities

5.1.3 Increasingly complicating oil & gas industry to drive the demand for robust analytical solutions

5.2 Key Market Restraint

5.2.1 High capital expenditure value

5.3 Key Market Opportunity

5.3.1 Increasing infrastructure development and smart cities

5.4 Future Trend

5.4.1 Data sharing will be a widespread trend

5.5 Impact Analysis of Drivers and Restraints

6. Energy and Utility Analytics Market - Global Analysis

6.1 Global Energy and Utility Analytics Market Overview

6.2 Energy and Utility Analytics Market - Revenue and Forecast to 2027 (US$ Million)

6.3 Market Positioning - Five Key Players

7. Energy and Utility Analytics Market Analysis - By Type

7.1 Overview

7.2 Energy and Utility Analytics Market Breakdown, by Type, 2019 & 2027

7.3 Software

7.3.1 Overview

7.3.2 Software Market Revenue and Forecast to 2027 (US$ Million)

7.4 Service

7.4.1 Overview

7.4.2 Service Market Revenue and Forecast to 2027 (US$ Million)

7.4.2.1 Professional Service

7.4.2.2 Managed Service

8. Energy and Utility Analytics Market Analysis - By Deployment Model

8.1 Overview

8.2 Energy and Utility Analytics Market Breakdown, by Deployment Model, 2019 & 2027

8.3 On-Premise

8.3.1 Overview

8.3.2 On-Premise Market Revenue and Forecast to 2027 (US$ Million)

8.4 Cloud

8.5 Hybrid

9. Energy and Utility Analytics Market Analysis - By Application

9.1 Overview

9.2 Energy and Utility Analytics Market Breakdown, by Application, 2019 & 2027

9.3 Load Forecasting

9.3.1 Overview

9.3.2 Load Forecasting Market Revenue and Forecast to 2027 (US$ Million)

9.4 Customer Analytics

9.5 Grid Analytics

9.6 Asset Management

9.7 Smart Meter Analytics

9.8 Others

10. Energy and Utility Analytics Market Analysis - By Vertical

10.1 Overview

10.2 Energy and Utility Analytics Market Breakdown, by Vertical, 2019 & 2027

10.3 Oil and Gas

10.3.1 Overview

10.3.2 Oil and Gas Forecasting Market Revenue and Forecast to 2027 (US$ Million)

10.4 Renewable Energy

10.5 Nuclear Power

10.6 Electricity

10.7 Water

10.8 Others

11. Energy and Utility Analytics Market - Geographic Analysis

12. Energy and Utility Analytics Market- COVID-19 Impact Analysis

13. Industry Landscape

13.1 Overview

13.2 Market Initiative

13.3 New Product Development

13.4 Merger and Acquisition

14. Company Profiles

14.1 Key Facts

14.2 Business Description

14.3 Products and Services

14.4 Financial Overview

14.5 SWOT Analysis

14.6 Key Developments

• Atos SE
• BUILDINGIQ, INC.
• CAPGEMINI SE
• IBM Corporation
• Infosys Ltd.
• Oracle Corporation
• SAP SE
• SAS Institute Inc.
• WegoWise, Inc.
• Wipro Limited

For more information about this report visit https://www.researchandmarkets.com/r/vhq2kn

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