DUBLIN--(BUSINESS WIRE)--The "Middle East and Africa Utility and Energy Analytics Market 2019-2027" report has been added to ResearchAndMarkets.com's offering.
This report on the utility and energy analytics market in the Middle East and Africa states that the market is expected to grow with a CAGR of 16.36% in the forecast period 2019-2027.
Turkey, the UAE, South Africa, Saudi Arabia and countries in rest of MEA together constitute the Middle East and Africa's utility and energy analytics market.
Consumption of electricity in Saudi Arabia has been increasing steadily since the last few decades. The Saudi Arabian electricity market is showing an accelerated growth rate, which can be attributed to higher consumption rates in the commercial, industrial and private sectors. The KSA's production and export levels have been affected due to current domestic energy-consuming behaviors that present unavoidable fatal repercussions. Smart grids are a dynamic solution, which can resolve the gap between the current supply and growing demand for energy in Saudi Arabia.
A steep rise has been witnessed in demand for energy in South Africa, owing to the steady economic growth in the country, along with an increased focus on industrialization and a mass electrification program for increasing electricity access in remote rural areas. Residents in South Africa now prefer using smart electricity meters as they assist in monitoring the consumption of electricity at a time when energy tariffs show continued growth.
Key Topics Covered:
1. Middle East And Africa Utility And Energy Analytics Market - Summary
2. Industry Outlook
2.1. Market Definition
2.2. Key Insights
2.2.1. Hybrid Analytics Is Fastest-Growing In Deployment
2.2.2. Distribution Planning Sector Is The Fastest-Growing Application
2.3. Porter's Five Force Analysis
2.3.1. Threat Of New Entrants
2.3.2. Threat Of Substitute
2.3.3. Bargaining Power Of Suppliers
2.3.4. Bargaining Power Of Buyers
2.3.5. Threat Of Competitive Rivalry
2.4. Key Impact Analysis
2.4.2. Mode Of Deployment
2.5. Market Attractiveness Index
2.6. Vendor Scorecard
2.7. Market Drivers
2.7.1. Growing Consumer Focus On Energy Consumption Pattern Analysis
2.7.2. Demand For Energy And Utility Analytics Increases With Emphasis On Renewable Energy
2.8. Market Restraints
2.8.1. Deployment Requires High Capital Investment
2.9. Market Opportunities
2.9.1. Energy And Utility Industry Adopts Cloud Technology
2.9.2. Development Of Smart Cities And Infrastructures
2.10. Market Challenges
2.10.1. Security Issues
2.10.2. Lack Of Industrial Expertise
3. Middle East And Africa Utility And Energy Analytics Market Outlook - By Deployment
4. Middle East And Africa Utility And Energy Analytics Market Outlook - By Type
5. Middle East And Africa Utility And Energy Analytics Market Outlook - By Application
5.1. Meter Operation
5.2. Load Forecasting
5.3. Demand Response
5.4. Distribution Planning
5.5. Other Applications
6. Middle East And Africa Utility And Energy Analytics Market - Regional Outlook
6.1. Middle East And Africa
6.2. United Arab Emirates
6.4. Saudi Arabia
6.5. South Africa
6.6. Rest Of Middle East & Africa
7. Competitive Landscape
7.1. Capgemini Se
7.2. Oracle Corporation
7.3. ABB Corporation
7.4. SAS Institute, Inc.
7.5. Siemens Ag
7.6. IBM Corporation
7.7. General Electric Company
7.8. SAP SE
7.9. Infosys Limited
7.10. Wipro Limited
7.11. BuildingIQ, Inc.
7.12. Schneider Electric SE
7.13. Teradata Corporation
7.14. Cisco Systems, Inc.
7.15. Eaton Corporation
For more information about this report visit https://www.researchandmarkets.com/r/1z96qv