Energy And Utilities Analytics Industry Report 2025, Featuring Analysis Of Leading Players - Eaton, Salesforce, IBM, SAP, Intel & More

(MENAFN- GlobeNewsWire - Nasdaq) Dublin, March 11, 2025 (GLOBE NEWSWIRE) -- The "Energy and Utilities Analytics market Report 2025" has been added to ResearchAndMarkets.com's offering.
The energy and utilities analytics market size has grown rapidly in recent years. It will grow from $3.3 billion in 2024 to $3.84 billion in 2025 at a compound annual growth rate (CAGR) of 16.2%. The growth in the historic period can be attributed to growing complexity in energy systems, rise in renewable energy adoption, smart grid development, demand response management, efficiency and optimization.

This report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography. North America was the largest region in the energy and utilities analytics market share in 2024.

The energy and utilities analytics market size is expected to see rapid growth in the next few years. It will grow to $7.16 billion in 2029 at a compound annual growth rate (CAGR) of 16.9%. The growth in the forecast period can be attributed to energy efficiency focus, cybersecurity readiness, enhanced customer engagement, predictive maintenance emphasis, demand response optimization. Major trends in the forecast period include AI and machine learning integration, renewable energy integration, grid modernization initiatives, data-driven decision making, and demand response management.
The increasing installation of smart meters is anticipated to drive growth in the energy and utilities analytics market. For example, in October 2023, the Energy Information Administration, a US government agency, reported that in 2022, U.S. electric utilities installed approximately 119 million advanced metering infrastructure (AMI) systems, accounting for around 72% of all electric meters. Residential customers represented about 88% of AMI installations, with AMI meters comprising 73% of the total residential electric meters. Hence, the increasing adoption of smart meters is driving the growth of the energy and utilities analytics market.
The rising emphasis on renewable energy is expected to contribute to the growth of the energy and utilities analytics market in the coming years. For instance, in March 2023, the International Renewable Energy Agency (IRENA), a UAE-based intergovernmental organization promoting collaboration and the long-term use of renewable energy, reported a 10% increase in global renewable energy capacity in 2022, marking a 0.4% rise from the previous year's 9.6% growth. Consequently, the increasing focus on renewable energy is propelling the energy and utilities analytics market.
Technological advancements are a significant trend gaining traction in the energy and utilities analytics market. For instance, in June 2023, Microsoft Corporation, a US-based IT firm, launched the Microsoft Azure Energy Platform. This comprehensive solution integrates AI, IoT, and advanced analytics to improve the efficiency and reliability of energy systems. The platform aids energy companies in modernizing their data management and analytics capabilities on the cloud-based OSDU Data Platform. Microsoft has pledged to achieve 100% renewable energy by 2025 and aims for water positivity by 2030, aligning its cloud services with sustainability objectives in the energy sector. Overall, Microsoft Azure offers comprehensive solutions that empower energy companies to boost efficiency, lower costs, and foster innovation through advanced analytics and IoT technologies.
Major companies in the energy and utilities analytics market are pursuing strategic partnerships to facilitate revolutionary SAP business transformations within the industry. For instance, in October 2023, the International Business Machines Corporation, a US-based technology company, announced an expansion of its partnership with KPMG LLP to assist clients in deploying SAP S/4HANA in the energy and utility sectors, enabling business transformations. KPMG and IBM Consulting combine complementary skills in areas such as SAP technology deployment, cross-industry operations, governance, risk management, finance, tax issues, and operational challenges. The combined expertise and capabilities of these organizations may enhance client outcomes and facilitate effective business resource planning transformations throughout the energy and utility sectors. KPMG LLP is a US-based independent professional services firm that provides audit, tax, and consulting services.

Report Scope

Markets Covered:
1) by Type: Software; Services
2) by Deployment Mode: Cloud; on-Premises
3) by Application: Load Forecasting; Meter Operation; Distribution Planning; Demand Response; Other Applications
Subsegments:
1) by Software: Asset Management Software; Demand Forecasting Software; Energy Management Software; Data Visualization and Reporting Tools
2) by Services: Consulting Services; Implementation Services; Support and Maintenance Services; Training Services
Key Companies Profiled: Eaton Corporation; Salesforce Inc.; International Business Machines Corporation (IBM); SAP SE; Intel Corporation
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Key Attributes

Report Attribute	Details
No. of Pages	200
Forecast Period	2025-2029
Estimated Market Value (USD) in 2025	$3.84 Billion
Forecasted Market Value (USD) by 2029	$7.16 Billion
Compound Annual Growth Rate	16.9%
Regions Covered	Global

Some of the major companies featured in this Energy and Utilities Analytics market report include:

• Eaton Corporation
• Salesforce Inc.
• International Business Machines Corporation (IBM)
• SAP SE
• Intel Corporation
• General Electric
• Schneider Electric
• Siemens AG
• Cisco Systems Inc.
• Google LLC
• Oracle Corporation
• SAS Institute
• Yellowfin
• OpenText
• Teradata Corporation
• Infor
• Atos World Line India Pvt. Ltd.
• TIBCO Software
• Honeywell International Inc.
• Capgemini SE
• ABB Limited
• Hitachi Ltd.
• Siemens Energy AG
• Wipro Limited
• Infosys Limited
• Accenture plc

For more information about this report visit

About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Attachment

• Energy and Utilities Analytics Market

CONTACT: CONTACT: Laura Wood,Senior Press Manager ... For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900

MENAFN11032025004107003653ID1109301531