(MoneyNewsWire.Net, May 07, 2016 ) Description-
About Smart Grid Data Management
A smart grid generates a lot of data on a daily basis at different points such as smart meters installed in homes, at utilities' end, etc. These massive amounts of generated data are collected, stored, transmitted and analysed to predict electricity demand patterns and consequently, manage the production. The Smart Grid Data Management takes into account the entire value chain of data generation, collection, storage and analyses.
Technavios analysts forecast the global smart grid data management market to grow at a CAGR of 13.85% during the period 2016-2020.
Covered in this report The report covers the present scenario and the growth prospects of the global smart grid data management market for 2015-2020.
The market is divided into the following segments based on geography: Americas APAC EMEA
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Technavio's report, Global Smart Grid Data Management Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors EMC Corp. Oracle Corp. SAP SE SAS Institute Inc. Siemens AG
Other prominent vendors Capgemini GE energy IBM Itron Schneider Teradata
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Market driver Need for data management For a full, detailed list, view our report
Market challenge High cost of upgrading smart grids For a full, detailed list, view our report
Market trend Rapid deployment of smart grids For a full, detailed list, view our report
Key questions answered in this report What will the market size be in 2020 and what will the growth rate be? What are the key market trends? What is driving this market? What are the challenges to market growth? Who are the key vendors in this market space? What are the market opportunities and threats faced by the key vendors? What are the strengths and weaknesses of the key vendors?
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