TechNavio today launched its report Global Energy Management Information System Market 2011-2015 based on an in-depth study covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers’ understanding of the present and future landscape of the market.
Commenting on the report, an analyst from TechNavio’s Clean Tech team said; ”The Global Energy Management Information System (EMIS) market has many core vendors, large IT companies, and energy enterprises working aggressively to increase their market shares. There are a huge number of players operating in this market, which makes it a highly competitive market. Many vendors are small players and are backed by venture capital. Many companies are either working in collaboration with core EMIS vendors or are acquiring niche players to enter the market. It is anticipated that such market consolidation will reduce the number of vendors currently present in the Global EMIS market by 2020. Thus, market consolidation is one of the major trends observed in the market.”
According to the report, one of the major drivers for the growth of the Global EMIS market is the increasing focus on emission reduction. One way for organizations to significantly reduce their emissions is to cut down energy usage by deploying an EMIS, which includes monitoring energy usage. This is done in steps which are first, plans to reduce usage, then implementation of the plan, and the last step is to take corrective measures. These steps not only help in monitoring energy usage but also lead to a reduction in emission rates.
Further, the report also discusses that the key challenge in the market is the lack of awareness of energy saving and EMIS in developing countries.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For further information, please visit https://www.technavio.com/content/global-energy-management-information-sy…
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TechNavio Announces the Publication of its Report – Global Energy Management Information System Market 2011-2015
