Guidehouse Insights has named five companies as the leading players in the utility-scale energy storage systems integration market.
Customer Services & Management
Utilities expected to expand their investments in customer experience and management technologies analytics by 9.6% per annum through 2029.
More than $14 billion will be invested in microgrid controls technologies within the next decade, according to a new report released by research firm Guidehouse Insights.
Research firm Guidehouse Insights predicts that utilities will spend over $113 billion on networking and communications equipment and services between 2020 and 2030.
Guidehouse Insights predicts the global market for smart energy technologies to expand at a compound annual growth rate of 10% through 2030.
The market for AI-based applications for EV energy management is expected to grow at a 27.8% CAGR over the next decade.
Energy & Grid Management
Local energy markets are a next-generation concept that could provide a solution aligning the needs of utilities, the grid and electricity consumers.
Finance & Investment
The energy-as-a-service financing market for energy solutions is expected to grow by 36.8% between 2020 and 2029 - Guidehouse Insights.
Guidehouse Insights predicts the global IoT for smart buildings market to expand at a compound annual growth rate of 13.8% through 2029.
Research firm Guidehouse Insights predicts the Asia Pacific region will be the largest market for new utility-scale energy storage projects.