Energy Cloud is the technology similar to that of cloud computing. It is defined as the access of networking energy systems using internet based access technologies.
The Global Energy Cloud Market accounted for USD 5.32 billion in 2016 growing at a CAGR of 25.34% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic year 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
It is widely used for increasing efficiencies in solar, wind and energy systems across consumers. Aging infrastructure and rising grid security concerns may act as a major driver in the growth of energy cloud market. On the other side, stringent regulation and compliance may hinder the market.
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Major Market Drivers & Restraints:
- Need for Customer Relationship Management
- Aging Infrastructure and Rising Grid Security Concerns
- Stringent Regulation and Compliance
Major Market Competitors:
- Accenture PLC
- IBM Corporation
- HCL Technologies Limited
- SAP SE
- Cisco Systems Inc.
- Oracle Corporation
- Tata Consultancy Services
- Hewlett Packard Enterprise
- Microsoft Corporation
- DLT Solutions
On The Basis Of Solution
- Enterprise Asset Management
- Supply Chain Management
- Customer Relationship Management
- Risk And Compliance Management
- Workforce Management
- Reporting And Analytics
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On The Basis Of Service
- Professional Services
- Managed Services
On The Basis Of Service Model
- Software As A Service
- Platform As A Service
- Infrastructure As A Service
On The Basis Of Deployment Model
- Public Cloud
- Private Cloud
- Hybrid Cloud
On The Basis Of Organization Size
- Small And Medium Enterprises
- Large Enterprises
On the basis of geography, the global energy cloud market report covers data points for 28 countries across multiple geographies such as
- North America
- South America
- Middle East & Africa
Company Share Analysis:
The report for energy cloud market include detailed vendor level analysis for market shares in 2016 for Global, North America, Europe, Asia Pacific, Middle East and Africa and South America specifically. Also impact and development analysis of key vendors is registered in the market and factored on the basis of Vendor Positioning Grid Analysis which measures the vendors strengths and opportunities against present market challenges, measure providers ability to identify or satisfy present market needs, map providers market vision to current and upcoming market dynamics among others. The report also measures technology life line curve and market time line to analyze and do more affective investments.
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Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your inquiry .
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