Latest research on Connected Energy Market

Connected Energy Market Latest Edition Published with Forecast to 2027
According to the International Energy Agency’s (IEA) Energy Storage Technology Roadmap of 2014, around 310 GW of new storage capacity could be required by 2050 across the US, Europe, China, and India.

The article cited AMA's "Global Connected Energy Market Study" explored substantial growth of %. According to the report, Adoption of the Internet of Things (IoT) In Connected Energy Market is one of the primary growth factors for the market. Increasing Investments in Renewable Energies is also expected to contribute significantly to the Connected Energy market. Overall, Commercial applications of Connected Energy, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Energy Sources, such as Clean Energy, is boosting the Connected Energy market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The End-Use, such as Residential, is boosting the Connected Energy market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

AMA’s Analyst on the Global Connected Energy market identified that the demand is rising in many different parts of the world as "The increasing competitiveness and critical role of energy storage for batteries in supporting the decarbonization and resilience of the electricity system mean that energy storage opportunities continue to develop despite the turbulence caused by the Covid-19 pandemic.".

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Connected Energy market according to Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market

**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2018 currency rates.

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Connected Energy market and other related sub-markets covered in the study.

o Key & emerging players in the market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Have a look at detailed Table of Content for Connected Energy Market Study

Data Triangulation
The overall Connected Energy market size is calculated using market estimation process, the Connected Energy market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Connected Energy market size has been validated using both top-down and bottom-up approaches.

Praveen Kumar

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