Software (Cloud Based, On Premise)
The global energy management software market is segmented and analyzed for demand and supply by software into cloud based and on premise. Out of which the cloud-based segment is anticipated to grab the most significant share by the end of 2037 on account of reduced hosting cost, and efficiency & availability of computing resources. Using cloud computing systems, organizations are able to increase flexibility while visualizing, monitoring, and assessing data remotely. A growing number of end-users are utilizing IoT devices to manage and monitor energy practices using cloud-based energy management systems. According to industry estimates, the revenue value of cloud computing in the energy sector is expected to reach USD 27 billion by 2024. Moreover, power & utilities, industrial sectors, and others are expected to demand cloud-based energy management systems (EMS) for a real-time view of their energy usage.
Our in-depth analysis of the global market includes the following segments:
By Software |
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By Solution |
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By End Use Application |
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Author Credits: Dhruv Bhatia
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