PUNE, India, March 16, 2017 /PRNewswire/ --
According to a new market research report "Energy Cloud Market by Solution (Customer Management, Reporting and Analytics Enterprise Asset Management), Service, Service Model (SaaS, PaaS, and IaaS), Deployment Model, Organization Size, and Region - Global Forecast to 2021", published by MarketsandMarkets, the market size is expected to grow from USD 5.12 Billion in 2016 to USD 15.18 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 24.3% during the forecast period.
(Logo: http://photos.prnewswire.com/prnh/20160303/792302 )
Browse 65 market data Tables and 55 Figures spread through 145 Pages and in-depth TOC on "Energy Cloud Market"
http://www.marketsandmarkets.com/Market-Reports/energy-cloud-market-54529418.html
Early buyers will receive 10% customization on this report.
The major drivers of this market include the need for Customer Relationship Management (CRM), aging infrastructure, and rising grid security concerns. The cloud-based energy solution helps control the risk and cost associated with the infrastructure.
The Enterprise Asset Management solution is estimated to dominate the Energy Cloud Market share during the forecast period
Enterprise asset management is estimated to have the largest market share in the Energy Cloud Market during the forecast period. The solution enables enterprises to track and manage assets to improve productivity & returns on asset investments. Energy cloud players provide asset management, which helps in clear visibility and control over critical assets that affect the risk & compliance.
Request for Report Brochure: http://www.marketsandmarkets.com/pdfdownload.asp?id=54529418
Professional services segment is expected to capture the highest market share during the forecast period
The professional services segment of the Energy Cloud Market is estimated to have the highest market share during the forecast period, as the professional services help lower risks, reduce complexity, and improve the return on investment for the energy and utilities enterprises. The services can be tailored according to the business requirements of enterprises & enable planning, designing, implementing, and managing systems & applications.
North America is leading in terms of market share in the Energy Cloud Market space
North America is expected to hold the largest market share and dominate the Energy Cloud Market during the forecast period. Reduced Capital Expenditure (CAPEX) spending, low Information Technology (IT) management complexity, and improved agility & security are some of the major driving factors contributing to the growth of cloud computing for the energy sector in North America.
Inquiry Before Buying: http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=54529418
The major players in the Energy Cloud Market include Accenture PLC (Chicago, Illinois, U.S.), IBM Corporation (New York, U.S.), HCL Technologies (Noida, India), SAP SE ( Walldorf, Germany), Cisco Systems, Inc. ( California, U.S.), Oracle Corporation (California, U.S.), Capgemini (Paris, France), TCS (Mumbai, India), HPE (California, U.S.), Microsoft Corporation (Washington, U.S.), and Brillio (California, U.S.).
Browse Related Report
Energy and Utility Analytics Market By Type (Software and Service), Application (Predictive Maintenance, Load Research & Forecasting, Transmission & Distribution Management), Vertical (Energy, Oil & Gas and Utilities), Deployment - Global Forecast to 2021
http://www.marketsandmarkets.com/Market-Reports/energy-analytics-utility-market-993.html
Energy Management System Market by Software (Utility, Industrial, Residential, ECEM), Device (In-House Display, Smart Thermostat, Smart Plug, and Load Control Switches), Application, Solution, Vertical - Global Forecast to 2021
http://www.marketsandmarkets.com/Market-Reports/energy-management-systems-ems-market-1189.html
Know more about our Knowledge Store @ http://www.marketsandmarkets.com/Knowledgestore.asp
About MarketsandMarkets
MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Contact:
Mr. Rohan
MarketsandMarkets
701 Pike Street
Suite 2175, Seattle,
WA 98101, United States
Tel: 1-888-600-6441
Email: [email protected]
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/telecom-it
Connect us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets
Share this article