Smart Grid Managed Services Market

The prime objective of this report is to help the user understand the market in terms of its definition, segmentation, market potential, influential trends, and the challenges that the market is facing with 10 major regions and 30 major countries.
Smart grid managed services refer to the synchronization of different smart grid software and related hardware technologies. They also include operational services such as deployment of AMIs and smart meters, and integration of renewable energy with the smart grids.
The DMS market segment to account for almost 40% of the total market share. A DMS integrates all the systems of the grid and acts as a decision support system. Its ability to take corrective measures, finds faults, and provide useful information to the operator to manage the grid more efficiently will lead to its augmented adoption during the forecast period. Furthermore, with the increasing focus on renewable energy installations and demand-response programs, the demand for DMS will witness a stark increase.
The global smart grid managed services market is dominated by the Americas, which accounts for about two-thirds of the overall market share. Adoption of smart meters and the upgradation of older systems are a couple of reasons behind the growth and domination of this region. Smart grids help providers to manage power demands during peak and non-peak hours and also helps them to improve the operational efficiency. Setting up smart grids also helps to cut down on carbon emissions.
The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Smart Grid Managed Services by geography. The report splits the market size, by volume and value, on the basis of application type and geography.

The report forecast global Smart Grid Managed Services market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2027.

Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.

First, this report covers the present status and the future prospects of the global Smart Grid Managed Services market for 2015-2027.

Key Companies
GE-Alstom
IBM Corp
Siemens Corp
Ericsson
Itron
Lockheed Martin
Alcatel-Lucent
Accenture Plc
Capgemini SA
AT&T
EnerNOC
Infosys
Wipro
FirstCarbon Solutions
HCL Technologies
Tendril Networks
Trilliant Energy Services


At the same time, we classify Smart Grid Managed Services according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.

Market by Order Type
Energy Management Systems (EMS)
Distribution Management Systems (DMS)
Data Analytics
Other

Market by Application
Power Utilities
Independent Power Producers (IPPs)
Other

Market Segment as follows:
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Smart Grid Managed Services market for the forecast period 2021 - 2027?
• What are the driving forces in the Smart Grid Managed Services market for the forecast period 2021 - 2027?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Smart Grid Managed Services industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?

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