However, lack of skilled labor, fragmented stakeholders, and monetary barriers are hampering the growth of the
market. Nevertheless, the trend affecting energy management software market is the increasing acceptance of cloud-
based solutions by the emerging economies as well as developed nations. The cloud-based solutions are highly flexible
with intensifying capacity possess greater scalability, which are beneficial to the manufacturing units and the SMEs in
terms of cost-effectiveness.
The market is categorized on the basis of type, components, offerings, services, application, end user and geography.
On the basis of type, market is divided into building energy management systems, home energy management systems
and industrial energy management systems. Industrial energy management software market is predicted to hold larger
share of the market owing to government funding.
On the basis of services, market is divided into implementation & integration, monitoring & control, maintenance, and
consulting & training. Monitor and control segment leads the market due to its efficiency and potential opportunities.
Based on application, market is divided into enterprise, manufacturing, telecom & IT, healthcare, power & energy and
others. Power & energy segment is expected to lead the market in the years to come owing to increasing application.
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In terms of end user, market is bifurcated into commercial and residential segment. Commercial segment is anticipated
to register significant growth in the near future owing to increasing industrialization and focus on achieving efficiencies
by reducing energy consumption prices that proliferates demand for energy management software in the segment.
Geographically, market is segmented as North America, Latin America, Europe, Asia Pacific and Middle East & Africa.
North America followed by the developing economies from Asia Pacific region are expected to dominate energy
management software market owing to the government initiatives, growing urbanization and progressing industrial
segment.
The major players in energy management software market are General Electric, IBM, Cisco, Honeywell International,
Schneider Electric Co., Siemens AG, Eaton Corporation, CA Technologies, SAP, Tendril, Utilities Direct, Elster Group.,
EnergyCAP, EnerNOC Inc., among others.
Market Segment:
This report focuses on the global top players, covered
• CA
• Cisco