technologies such as IoT and big data analytics to increase operational efficiency are further propelling market growth .
Europe is following North America in the global energy and utility analytics market in terms of market share . Europe is experiencing an increasing adoption of analytical solutions across the energy and utilities sector owing to provide grid analytics , energy risk management , forecasting demand , and obtain improved revenue assurance . However , data privacy and security concerns are expected to limit market growth . The region has been segmented , by country , into the UK , Germany , France , Italy , Spain , Benelux , and the rest of Europe .
Asia-Pacific is expected to register the highest CAGR during the forecast period . Increasing demand for predictive maintenance and load management and forecasting to meet the consumer demands is driving the growth of energy and utility analytics market in the region . Growing adoption of the cloud platform and increasing amount of data generated across the energy and utility sector is expected to increase the demand for analytical solutions to manage and analyze the same effectively . The region has been segmented , by country , into China , Japan , India , South Korea , Australia , and the rest of Asia-Pacific .
Key Players
Capgemini SE ( France ), Energysavvy Inc . ( US ), Schneider Electric ( France ), IBM Corporation ( US ), General Electric Company ( US ), SAP SE ( Germany ), Infosys Limited ( India ), Tibco Software Inc . ( US ), Oracle Corporation ( US ), Eaton Corporation ( Ireland ), Ericsson ( Sweden ), ABB Ltd ( Switzerland ), SAS Institute Inc . ( US ), Wegowise Inc . ( US ), Wipro Limited ( India ), are some of the top listed key players contributing in the growth of global energy and utility analytics market .