Market Size – USD 3.82 Billion in 2020, Market Growth – at a CAGR of 23.6%, Market Trends – Increasing adoption of Artificial Intelligence in oil & gas industries
The global Artificial Intelligence in energy market is expected to reach a market size of USD 20.83 Billion at a steady CAGR of 23.6% in 2028, according to latest analysis by Emergen Research. This steady revenue growth can be attributed to increasing need to obtain operational efficiency to meet energy requirements. Digitalization of the energy sector is contributing to increasing demand for Artificial Intelligence in energy systems.
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Key Highlights of Report
Emergen Research has segmented the global Artificial Intelligence in energy market on the basis of product offering, industry stream, application, and region:
The Global Artificial Intelligence in Energy Market can be geographically bifurcated on the basis of regional demand, output, and estimated revenue share. The most prominent regions dictating the global market include:
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The following are the main reasons to buy the Global Artificial Intelligence in Energy Market report:
The report considers the following market growth estimation timeline:
Table of Content
Chapter 1. Methodology & Sources 1.1. Market Definition 1.2. Research Scope 1.3. Methodology 1.4. Research Sources 1.4.1. Primary 1.4.2. Secondary 1.4.3. Paid Sources 1.5. Market Estimation Technique Chapter 2. Executive Summary 2.1. Summary Snapshot, 2020-2028 Chapter 3. Key Insights Chapter 4. Artificial Intelligence in Energy Market Segmentation & Impact Analysis 4.1. Artificial Intelligence in Energy Market Material Segmentation Analysis 4.2. Industrial Outlook 4.2.1. Market indicators analysis 4.2.2. Market drivers analysis 4.2.2.1. Demand for increased operational efficiency 4.2.2.2. Rising concern for energy efficiency 4.2.2.3. Rising concerns for battery storage systems 4.2.2.4. Increase in demand for decentralized power generation 4.2.3. Market restraints analysis 4.2.3.1. High cost of deployment 4.2.3.2. Security and privacy risk 4.3. Technological Insights 4.4. Regulatory Framework 4.5. Porter’s Five Forces Analysis 4.6. Competitive Metric Space Analysis 4.7. Price trend Analysis 4.8. Covid-19 Impact Analysis
Chapter 5. Artificial Intelligence in Energy Market By Product offering Insights & Trends, Revenue (USD Billion) 5.1. Product offering Dynamics & Market Share, 2020 & 2028 5.1.1. Support Services 5.1.2. Hardware 5.1.3. AI-as-a-Service 5.1.4. Software
CONTINUED…!!
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