Energy Management System Market Share, Industry Trends, Size, Revenue, Demand and Growth Analysis by Key Players

 The global “Energy Management System Market” is expected to rise with an impressive CAGR and generate the highest revenue by 2026. Fortune Business Insights™ in its latest report published this information. The report is titled " Energy Management System Market Size, Share and Trends Forecast". The report discusses research objectives, research scope, methodology, timeline, and challenges during the entire forecast period.

The global energy management system market size was valued at USD 28.25 billion in 2022 and is projected to grow from USD 31.75 billion in 2023 to USD 82.34 billion by 2030, exhibiting a CAGR of 12.6% during the forecast period.

Read More: 

https://www.fortunebusinessinsights.com/industry-reports/energy-management-system-market-101167

List of the Key Companies Profiled:

  • General Electric Company (Massachusetts, U.S.)
  • IBM Corporation (New York, U.S.)
  • Honeywell International Inc. (North Carolina, U.S.)
  • Rockwell Automation Inc. (Wisconsin, U.S.)
  • Schneider Electric SE(Rueil-Malmaison, France)
  • SAP SE (Walldorf, Germany)
  • Siemens (Munich, Germany)
  • Eaton (Dublin, Ireland)
  • Mitsubishi Electric Corporation (Tokyo, Japan)
  • Cisco System Inc. (California, U.S.)

Driver: Increasing Rate of Recovery of Financial Losses to Stimulate Energy Management System Market Growth

The increase in the rate of recovery of financial losses is anticipated to augment the growth of the Energy Management System Market within the estimated period. Energy Management System Market helps all organizations and enterprises mitigate losses from a variety of incidents that take place every day, from a data breach involving sensitive customer information to network damage and disruption. Though does not protect any organization against the hack itself, it does offer help before, during, and after an attack. Further, it also helps with the costs associated with remediation, including payment for legal assistance, crisis communicators, investigators, and customer credits or refunds. However, the lack of awareness related to Energy Management System Market Moreover, the increasing adoption of artificial intelligence and blockchain technology for risk analytics is further anticipated to support the growth in the years to come.

 

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