$4.3 Billion Energy and Utilities Analytics Industry to 2025 – COVID-19 to Have a Significant Impact on the Sector

Dublin, June 22, 2020 (GLOBE NEWSWIRE) — The “Energy and Utilities Analytics Market by Component (Solutions and Services), Deployment Mode, Organization Size, Application (Upstream, Midstream, and Downstream), Vertical (Energy and Utilities), and Region – Global Forecast to 2025” report has been added to ResearchAndMarkets.com’s offering.
The energy and utilities analytics market size is projected to grow from USD 2.0 billion in 2020 to USD 4.3 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 16.3% during the forecast period.
The major factor driving the growth of the energy and utilities analytics market is the mounting adoption of smart meters for enabling twoway communication between companies and customers. The prioritization of power generation planning and the need for accurate forecasting, and the investments in digital channels to improve customer processes, experience, and perceived customer value are also expected to drive the market growth.Key Topics Covered:
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