Memoori presents research about Smart Grid and Smart Building Markets
The New Research Report shows that the markets for Enterprise Energy Management, BECS Supervisory Software and Smart Building to Smart Grid Interface Software will rise to nearly $10Bn by 2020. The Harmonization of the Smart Grid and Smart Building Markets has begun! We are beginning the tricky process of integration as major global firms look to capitalize on opportunities surrounding distributed energy.
North America leads the way in terms of smart building to smart grid software sales with some 70% of the overall market, thanks to a pioneering approach to demand response and a conducive policy environment.
Energy services companies (ESCOs) such as Siemens, Schneider Electric, Honeywell and Johnson Controls are all pursuing aggressive acquisition policies to shore up and expand their capabilities across the energy value chain.
The Report details a total of 459 deals pertaining to the market between 2010 and 2015 as firms look to build the skill sets required to leverage opportunities around the Internet of Things and develop new Energy Management offerings.
Within its 149 pages and 30 charts and tables, the report sieves out ALL the key facts and draws conclusions, so you can understand what is shaping the future of the Smart Grid and Smart Building Industries;
Significant Barriers continue to encumber market growth: A lack of common standards and cyber security concerns continue to encumber market growth, with energy and buildings executives commonly citing these two factors as the key challenges to effective smart energy solution implementation and improved integration between smart grids and smart buildings.
ESCOs consolidate their market positions across the energy value chain: The large energy services companies (ESCOs) such as Siemens, Schneider Electric, Honeywell and Johnson Controls are all pursuing aggressive acquisition policies to shore up and expand their capabilities across the energy value chain. Largely driven by these ESCOs, we tracked a total of 459 deals pertaining to the market between 2010 and 2015 as these firms look to build the big data skillsets required to leverage the opportunities around the Internet of Things and develop new Enterprise Energy Management Systems (EEMS), Demand Response Management Systems (DRMS), Distributed Energy Management Systems (DERMS), and Distributed Energy Storage Systems offerings.
The IoT offers new opportunities but plenty of challenges too: We believe that the combined developments related to the key technological forces that underpin the IoT, namely Big Data, cloud computing and mobility are having a profound disruptive effect on business models and operational models in the Energy and Smart Buildings markets. More than 500 smart grid vendors are already competing and partnering to take advantage of the opportunities.
For USD $999 this report provides valuable information into how Smart Building energy companies can develop their business through Merger, Acquisition and Alliance. The report is available here!