The energy cloud is a promising concept that has been developed from cloud computing, which challenges the conventional hub-and-spoke grid architecture with a varied range of environmental, technical, regulatory, and commercial changes. The steady increase in the distributed energy resources (DER) capacity and consistent broadening of the smart grid infrastructure supposes to be the significant trends that will boost the shift to the responsive, transparent, and dynamic energy cloud landscape. Energy cloud expansion is considered as a good opportunity for both the vendors and customers.
MARKET DYNAMICS
The increasing necessity of customer relationship management (CRM) in energy cloud, the necessity to shift the traditional approach of one-way energy flow to two-way energy flow, and to reduce losses and improve the efficiency of the system are some of the major factor driving the growth of the energy cloud market. Moreover, the rising electricity charges and mounting government focus towards reducing energy loss are also anticipated to boost the demand for energy cloud.
MARKET SCOPE
The "Global Energy Cloud Market Analysis to 2028" is a specialized and in-depth study of the energy cloud market with a special focus on the global market trend analysis. The report aims to provide an overview of energy cloud market with detailed market segmentation by component, service model, deployment model, organization size. The global energy cloud market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading energy cloud market players and offers key trends and opportunities in the energy cloud market.
MARKET SEGMENTATION
The global energy cloud market is segmented on the basis of component, service model, deployment model, organization size. On the basis of component, the market is segmented as solution, service. On the basis of service model, the market is segmented as software-as-a-service (SaaS), platform-as-a-service (PaaS), infrastructure-as-a-service (IaaS). On the basis of deployment model, the market is segmented as Public cloud, Private cloud, Hybrid cloud. On the basis of organization size, the market is segmented as small and medium enterprises (SMEs), large enterprises
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global energy cloud market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The energy cloud market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting energy cloud market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the energy cloud market in these regions.
MARKET PLAYERS
The reports cover key developments in the energy cloud market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from energy cloud market are anticipated to lucrative growth opportunities in the future with the rising demand for energy cloud market. Below mentioned is the list of few companies engaged in the energy cloud market.
The report also includes the profiles of key energy cloud market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Accenture plc
- Capgemini
- Cisco Systems, Inc.
- HCL Technologies Limited
- Hewlett Packard Enterprise Development LP
- IBM
- Microsoft
- Oracle
- SAP SE
- Tata Consultancy Services Limited
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.