Energy Management Software Market Analysis

  • Report ID: 3061
  • Published Date: Oct 10, 2024
  • Report Format: PDF, PPT

Energy Management Software Market Analysis

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

  • Cloud Based
  • On Premise

      By Solution

  • Carbon Management System
  • Utility Billing System
  • Customer Information System
  • Demand Response Management
  • Others

 

     By End Use Application

  • Power & Utilities
  • Public Sectors
  • Office & Commercial Building
  • Industrial Manufacturing
  • Automotive
  • Oil & Gas
  • Others
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Browse Key Market Insights with Data Illustration:


Author Credits:  Dhruv Bhatia


  • Report ID: 3061
  • Published Date: Oct 10, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of energy management software is assessed at USD 54.05 billion.

The energy management software market size was over USD 48.68 billion in 2024 and is expected to reach USD 241.56 billion by the end of 2037, witnessing around 13.7% CAGR during the forecast period i.e., between 2025-2037. Rising Demand for Energy Efficiency and Rising Adoption of Digital Transformation and Automation will impel the market growth.

Asia Pacific industry is projected to hold the largest revenue share by 2037, owing to rising demand for energy and rising awareness about carbon management systems along with increased adoption of energy-saving systems and software in the region.

The major players in the market include General Electric, Honeywell International Inc., IBM, Cisco Systems, Inc., SAP SE, Schneider Electric SE, ICONICS, CA Technologies, Siemens AG, ABB.
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