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Global Smart Grid IT Systems Market 2016-2020

Global Smart Grid IT Systems Market 2016-2020

About the Smart Grid IT Systems Market

IT systems used in smart grids are mostly software applications that are used for planning, process management, resource allocation, and decision making. IT systems in this sector include:

  • Distributed energy resource management system (DERMS)
  • Demand response management system (DRMS)
  • Geographic information system (GIS) (includes asset management and workforce management)
  • Customer information system (CIS)
Technavio’s analysts forecast the global smart grid IT systems market to grow at a CAGR of 12.91% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global smart grid IT systems market for 2016-2020. The market size has been calculated from the revenue generated by the demand for smart grid IT systems from different end-users in each region and its corresponding key countries. The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
Technavio's report, Global Smart Grid IT Systems Market 2016-2020, 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.

Key vendors
  • Accenture
  • GE-Alstom
  • IBM
  • SAP
  • SAS
Other prominent vendors
  • Alcatel-Lucent
  • AT&T
  • EnerNOC
  • Ericsson
  • FirstCarbon Solutions
  • HCL Technologies
  • Infosys
  • Itron
  • Lockheed Martin
  • Tendril Networks
  • Trilliant Energy Services
  • Wipro
Market driver
  • Financial benefits associated with smart grid IT systems
  • For a full, detailed list, view our report
Market challenge
  • Risk of cyber attacks
  • For a full, detailed list, view our report
Market trend
  • Increased demand in power
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Smart Grid Data Management Market 2016-2020

Technavio recognizes the following companies as the key players in the Global Smart Grid Data Management Market: EMC Corp., Oracle Corp., SAP SE, SAS Institute Inc., and Siemens AG.

Other Prominent Vendors in the market are: Capgemini, GE energy, IBM, Itron, Schneider, and Teradata.

Commenting on the report, an analyst from Technavio’s team said: “Power demand has increased constantly worldwide. Further growth in population and global economy is expected to drive this trend in the future as well. The population rise, an increase in energy demand, and the imposition of stringent emissions norms would require a substantial amount of energy production to sustain the economy growth. The deployment of smart grid enables new power resources such as distributed generation, integration of renewable power and electric vehicles to be integrated into the grid, to meet the power demand.”

According to the report, the power and utility sector is undergoing a major change from a rigid structure to a system that is more focused on flexibility. It is driven by climate change policies, urbanization, and technological breakthroughs. This paradigm shift in the power sector is achieved by the deployment of AMI and SCADA systems, which are making the grid smarter and allowing utilities to have greater control over the functioning of the grid.

Further, the report states that high cost of upgrading smart grids is expected to have a significant impact on the growth of the smart grid data management market during the forecast period.

Companies Mentioned

EMC Corp., Oracle Corp., SAP SE, SAS Institute Inc., Siemens AG, Capgemini, GE energy, IBM, Itron, Schneider, Teradata.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
      • Table Key countries in each region
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Market landscape
    • Market overview
      • Table Market overview
    • Market size and forecast
      • Table Global smart grid IT systems market 2015-2020 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by application
    • Global smart grid IT systems market by application 2015
      • Table Global smart grid IT systems market by application 2015
    • Global smart grid IT systems market by application 2020
      • Table Global smart grid IT systems market by application 2020
    • Global smart grid IT systems market by application 2015-2020
      • Table Global smart grid IT systems market by application 2015-2020
    • Global smart grid IT systems by EMS
      • Table Global smart grid IT systems by EMS segment 2015-2020 ($ billions)
      • Table ISO 14001: 2015 environmental management system (EMS) model
      • Table Most commonly used distribution energy resources
    • Global smart grid IT systems by DMS
      • Table Global smart grid IT systems by DMS segment 2015-2020 ($ billions)
      • Table Functions of DMS
      • Table Benefits of GIS in smart grid
    • Global smart grid IT systems market by data analytics
      • Table Global smart grid IT systems market by data analytics segment 2015-2020 ($billions)
    • Global smart grid IT systems market by OMS
      • Table Global smart grid IT systems market by OMS segment 2015-2020 ($ billions)
  • Geographical segmentation
    • Global smart grid IT systems market by geography 2015
      • Table Global smart grid IT systems market by geography 2015
    • Global smart grid IT systems market by geography 2020
      • Table Global smart grid IT systems market by geography 2020
    • Global smart grid IT systems market by geography 2015-2020
      • Table Global smart grid IT systems market by geography 2015-2020
    • Smart grid IT systems market in Americas
      • Table Smart grid IT systems market in Americas 2015-2020 ($ billions)
    • Smart grid IT systems market in EMEA
      • Table Smart grid IT systems market in EMEA 2015-2020 ($ billions)
      • Table Smart grid scenario in Europe
    • Smart grid IT systems market in APAC
      • Table Smart grid IT systems market in APAC 2015-2020 ($ billions)
  • Key leading countries
    • Table Total number of smart meters in US by sectors 2015
  • Market drivers
    • Increased investments in smart grid technologies
    • Financial benefits associated with smart grid IT systems
    • Change in energy mix
      • Table Share of fossil fuels in the global energy mix 2014 and 2035
    • Power crisis
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • High cost of upgrading smart grids
    • Risk of cyber attacks
    • Lack of interoperability standards for smart grid technologies
    • Low consumer awareness about smart grid technologies
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Rapid deployment of smart grids
    • Increased demand for power
    • Grid modernization
      • Table Cumulative T&D infrastructure investments 2014-2035 ($ trillions)
  • Vendor landscape
    • Other prominent vendors
      • Table Other prominent vendors
  • Key vendor analysis
    • Accenture
      • Table Smart grid IT systems product portfolio
    • GE-Alstom
      • Table Solutions as a service: GE-Alstom
      • Table GE: Business segmentation by revenue 2014
      • Table Smart grid IT systems product portfolio
    • IBM
      • Table Smart grid IT systems product portfolio
      • Table Intelligent metering network management
    • SAP
      • Table SAP smart grid IT systems solutions
    • SAS
      • Table Smart grid IT systems solutions
  • Appendix
    • List of abbreviations
  • Explore Technavio

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