Worldwide Artificial Intelligence in Energy Industry to 2024 – Key Drivers, Challenges and Trends – GlobeNewswire

  • Lauren
  • November 2, 2020
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Dublin, Nov. 02, 2020 (GLOBE NEWSWIRE) — The “Global Artificial Intelligence in Energy Market 2020-2024” report has been added to ResearchAndMarkets.com’s offering. The artificial intelligence in energy market is poised to grow by $8.06 billion during 2020-2024 progressing at a CAGR of 48% during the forecast period. The report on artificial intelligence in energy market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the growing demand for data integration and visual analytics and increase in number of smart connected devices.The artificial intelligence in energy market analysis includes product segment and geographical landscapes. This study identifies the increasing adoption of cloud-based solutions as one of the prime reasons driving the artificial intelligence in energy market growth during the next few years.The report covers the following areas: Artificial intelligence in energy market sizingArtificial intelligence in energy market forecastArtificial intelligence in energy market industry analysis The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading artificial intelligence in energy market vendors that include ABB Ltd., Alphabet Inc., Flex Ltd., General Electric Co., Intel Corp., International Business Machines Corp., Microsoft Corp., Origami Energy Ltd., Siemens AG, and Verdigris Technologies Inc. Also, the artificial intelligence in energy market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research – both primary and secondary. The publisher’s market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.Key Topics Covered: 1. Executive Summary Market Overview 2. Market Landscape Market ecosystemMarket characteristicsValue chain analysis 3. Market Sizing Market definitionMarket segment analysisMarket size 2019Market outlook: Forecast for 2019 – 2024 4. Five Forces Analysis Five forces summaryBargaining power of buyersBargaining power of suppliersThreat of new entrantsThreat of substitutesThreat of rivalryMarket condition 5. Market Segmentation by Solution Market segmentsComparison by SolutionSoftware – Market size and forecast 2019-2024Hardware – Market size and forecast 2019-2024Services – Market size and forecast 2019-2024Market opportunity by Solution 6. Customer landscape 7. Geographic Landscape Geographic segmentationGeographic comparisonNorth America – Market size and forecast 2019-2024Europe – Market size and forecast 2019-2024APAC – Market size and forecast 2019-2024MEA – Market size and forecast 2019-2024South America – Market size and forecast 2019-2024Key leading countriesMarket opportunity by geographyVolume driver-Demand led growthMarket challengesMarket trends 8. Vendor Landscape Vendor landscapeLandscape disruption 9. Vendor Analysis Vendors coveredMarket positioning of vendorsABB Ltd.Alphabet Inc.Flex Ltd.General Electric Co.Intel Corp.International Business Machines Corp.Microsoft Corp.Origami Energy Ltd.Siemens AGVerdigris Technologies Inc. 10. Appendix Scope of the reportCurrency conversion rates for US$Research methodologyList of abbreviations For more information about this report visit https://www.researchandmarkets.com/r/4ti1ow Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research. CONTACT: ResearchAndMarkets.com
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Source: https://www.globenewswire.com/news-release/2020/11/02/2118182/0/en/Worldwide-Artificial-Intelligence-in-Energy-Industry-to-2024-Key-Drivers-Challenges-and-Trends.html