The global artificial intelligence in energy market to grow at a CAGR of over 49% during the forecast period.
The global energy market is undergoing a massive shift with the emergence of decarbonization, decentralization, and new technologies. Utilities, independent power producers (IPPs), and other energy companies are exploring effective ways to manage the imbalance in demand and supply caused by the growing use of unpredictable renewable energy source (RES) in power generation. Therefore, utilities, energy companies, and grid operators are exploring ways to employ AI technologies to improve the accessibility and efficiency of renewable energy technologies.
The research report analyzes the Global Artificial Intelligence in Energy Market in a thorough manner by clarifying the key characteristics of the market that are anticipated to have a measureable influence on its evolving prospects over the forecast period. The major growth drivers, challenges, and trends influencing the market are examined at length. A thorough qualitative and quantitative data pertaining to the projected impact of these factors on market’s future growth prospects are presented in the report…read more