Energy And Utility Analytics Market To Hit Usd 9591.2 Million At A 16.77% Cagr By 2030

The energy and utility analytics market is projected to grow from USD 2775.4 million in 2022 to USD 9591.2 million by 2030, growing at a 16.77% CAGR throughout the review period (2022- 2030). This growth is attributed to the increasing adoption of these analytics by energy and utility companies to discover insights from the vast volumes of data generated, substantial R&D investments in developing these analytics, and the rising implementation of the Internet of Things (IoT) across the power sectors worldwide. Major players in the market include IBM Corporation, Oracle Corporation, Microsoft Corporation, SAP SE, and SAS Institute Inc.