MRC's report, Global Energy Management Software Market 2018-2022, 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.
MRC Announces the Publication of its Research Report Global Energy Management Software Market 2018-2022
MRC recognizes the following companies as the key players in the global energy management software market: CA, Cisco, General Electric, Honeywell International, and IBM.
Commenting on the report, an analyst from MRCs team said: One trend in the market is adoption of cloud-based energy management software. The cloud-based system is designed to be flexible with expanding capacity and has high scalability.
SMEs and manufacturing plants are increasingly adopting this system as it helps them to reduce their IT expenses.The adoption of cloud-based energy management software is identified as one of the key trends that will gain traction in the energy management software market throughout the forecasted period.
According to the report, one driver in the market is cost reduction of advantages. One of the main factors that drive the adoption of energy management software is the rising requirements to cut down the operational cost.
Currently, organizations are focusing on cultivating and managing the resources necessary for efficient product outputs, which increases the requirements for efficient energy management software.
Further, the report states that one challenge in the market is energy data security-related concerns. In the recent years, energy and utility organizations have been a high-profile target for hackers, cyber terrorists, and foreign governments.
This can cause mass disruptions with a relatively few keystrokes made from a remote location anywhere around the world.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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The market is expected to grow at a CAGR of 7.89%
About Energy Management Software
Energy management software refers to a variety of energy-related software applications that offer utility bill tracking, real-time metering, building simulation and modeling, carbon footprint calculation and reporting, IT equipment management, and energy audits.
MRCs analysts forecast the global energy management software market to grow at a CAGR of 10.01% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global energy management software market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
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PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
Market segmentation analysis
PART 05: MARKET SIZING
Market sizing 2017
Market size and forecast 2017-2022
PART 06: FIVE FORCES ANALYSIS
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
PART 07: MARKET SEGMENTATION BY APPLICATION
Segmentation by application
Comparison by application
Power industry Market size and forecast 2017-2022
Construction Market size and forecast 2017-2022
Others Market size and forecast 2017-2022
Market opportunity by application
PART 08: CUSTOMER LANDSCAPE
Review the summary and complete table of content at marketreportscenter.com/reports/58…-market-2018-2022
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