Market Trends

Energy and Utility Analytics Market Overview The Energy and Utility Analytics  Market size  is analyzed to grow at a CAGR of 17.4% during the forecast 2022-2027 to reach $ 5.6 billion by 2027 . The Energy and Utility Analytics industry offers a unified and comprehensive view with engaging data analytics in order to address spurring demand across end-users like residential, commercial, and industrial sectors. The major growth factor of the Energy and Utilities Analytics Market is the increasing demand of consumer interest in renewable energy, and the need to prioritize power generation planning for improved customer processes. The significant growth factor that contributes to the rapid adoption of the energy and utilities analytics solution is the potential usage of  advanced metering infrastructure  for enabling seamless two-way communication between service providers and customers. Hence, the need for accurate forecasting, and developing effective power generation plan through digita

Transportation Safety and Transportation Security Market Overview The global Transportation Safety and Transportation  Security market size is forecast to reach $8,604.6 million by 2026, growing at a CAGR of 7.1% from 2021 to 2026.  The rising rate of roadside fatalities along with growing demand for  video surveillance , traffic monitoring, access control and many others impact the need for traffic control system, and act as some of the vital factors attributing to its market growth. In addition, growing support towards improving baggage screening within railways and airports along with rising demand for cargo inspection systems, intrusion detection systems and so-on can also drive the market growth forward.  Governmental initiatives towards improving safety and security standards within public transports, as well as growing adoption of artificial intelligence for smart and real time transportation security is set to further assist the market growth in the long run. Transportation Sa