Global Energy Cloud Market Trends, Strong Application Scope, Key Players, Growth
Posted by nileshdbmr on January 23rd, 2020
Energy cloud market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of energy cloud market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Global Energy Cloud Market is expected to rise from its initial estimated value of USD 8.35 billion in 2018 to an estimated value of USD 50.75 billion by 2026, registering a CAGR of 25.30% in the forecast period of 2019-2026. This rise in market value can be increasing levels of adoption of electronic display devices equipped with the capabilities of interacting with the various electrical appliances.
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Major Market Competitors/Players
Few of the major competitors currently working in the energy cloud market are Accenture (U.S.), IBM Corporation (U.S.), HCL Technologies Limited (India), SAP SE (Germany), Cisco Systems, Inc. (U.S.), Oracle Corporation (U.S.), Capgemini (France), Tata Consultancy Services Limited (India), Hewlett Packard Enterprise Development LP (U.S.), Microsoft (U.S.),Brillio (U.S.) , DLT Solutions (USA), Kamatera (US), Salesforce Cloud, Salesforce Cloud (USA) , Verizon Cloud (US) and others.
Segmentation: Global Energy Cloud Market
Energy Cloud is the technology similar to that of cloud computing. It is defined as the access of networking energy systems using internet based access technologies. It is widely used for increasing efficiencies in solar, wind and energy systems across consumers. Aging infrastructure and rising grid security concerns may act as a major driver in the growth of energy cloud market.
Key Insights in the report:
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About the Authornileshdbmr
Joined: September 27th, 2019
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