North America Active Network Management Market By Types (Software, Services), Applications (Automation, Grid Asset Monitoring, Real Time Monitoring), Verticals (Energy & Utility, Government, Transportation)
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The North America Active Network Management Market is poised to grow at 15.1% CAGR during the 2017 - 2023. Active network management provides advanced power distribution capabilities by monitoring and controlling several energy infrastructure components such as renewable energy generation, power storage devices, generators, and some others. Automation and grid asset monitoring are the primary applications of the active network management system. Active network management has been in trend and has been a top priority for many industries, primarily due to its ability to optimize energy distribution management. Active network management applications such as automation, grid asset monitoring, real-time monitoring, and others are the part of the portfolio of the prominent analytics solution providers such as ABB Ltd, General Electric, Schneider Electric SE, Siemens AG, and others. The solutions are geared to automatically adjust sensors data and flow of power in the grids and substations.
Based on Types, the market report segments the market into Software and Services. Based on Applications, the North America Active Network Management market segments the market into Grid Asset Monitoring, Real Time Monitoring, Automation, and Others. Based on Verticals, the market report segments the market into Energy & Utility, Government, Transportation, and Others. Based on Countries, the North America Active Network Management market segments the market into US, Mexico, Canada, and Rest of North America.
The market research report covers the competition analysis of key stake holders of the North America Active Network Management Market. Key companies profiled in the report include BB Ltd., Chemtrols Industries Pvt. Ltd., Cisco Systems, Inc., General Electric Company, IBM Corporation, Kelvatek Ltd., Oracle Corporation, Schneider Electric, Siemens AG, and Smarter Grid Solutions.