The global Customer Engagement Platform (CEP) market is forecast to reach USD 5,567.7 Million by 2028, according to a new report by Reports and Data. Energy management systems are implemented to save energy by reducing energy consumption. The demand for energy management systems in the residential sector is increasing at a high rate. REMS allows residents to significantly reduce utility costs across the board, including cooling, heating, lighting, and water. The system tracks detailed usage over time and stores it within its centralized digital repository so that the residents can always have access to the building’s historical energy data. This allows them to budget better for energy usage based on time of year, weather, and so on. The growing adoption of smart grid services is another factor driving the market. Several government regulations and policies across the globe on the utilization of renewable energy and reduction of carbon emissions are the fundamental factors driving the popularity of smart grids.

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The power and energy industry is rapidly expanding in terms of revenue owing to constant demand for electricity across the globe. The global Customer Engagement Platform (CEP) market is expected to register robust revenue CAGR between 2020 and 2028. There has been a rapid increase in the power consumption across various verticals such as manufacturing, agriculture, IT & communication, healthcare, commercial and residential buildings. In addition, rapid industrialization and urbanization, increasing awareness about green energy, rising adoption of smart homes and smart buildings and increasing investments in development sustainable products are fueling market growth.

Competitive Landscape:

The report sheds light on details about every market player in the global Customer Engagement Platform (CEP) market along with its global status, product portfolio financial standing, business expansion plan and license agreement. The key players in the market are adopting various key strategies such as mergers and acquisitions, partnerships, joint ventures, collaborations and product launches to strengthen their market position and enhance their product base. Top companies operating in the global Customer Engagement Platform (CEP) market include: General Electric Company, Elster Group, Landis+Gyr AG, Itron Incorporate, Opower Incorporate, Schneider Electric SE, Aclara Technologies LLC, Silver Spring Network, Tendril Networks, Inc. and others.

Key questions addressed in the global Customer Engagement Platform (CEP) market report:

• What is the expected market size of the global Customer Engagement Platform (CEP) market during the forecast period?
• What are the key restraints that are expected to hamper overall market growth between 2020 and 2028?
• What key factors are expected to boost global Customer Engagement Platform (CEP) market revenue growth throughout the forecast period?
• Which regional market is projected to account for largest revenue share over the forecast period?
• Which regional market revenue is expected to expand at rapid CAGR during the forecast period?
• Which key players are operating in the global Customer Engagement Platform (CEP) market?

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The report also offers details about each segment and major regions covered in the global Customer Engagement Platform (CEP) market.

Global Customer Engagement Platform (CEP) market segmentation:

Type Outlook:

• Customer Engagement Platform (CEP)
• Energy Analytics
• Energy Management Platform (EMP)

Application Outlook:

• Smart Appliances
• Smart Plugs
• Smart Meters
• Load Control Switches

Regional Outlook:

• North America
  • S.
  • Canada
  • Mexico
• Europe
  • Russia
  • K.
  • Germany
  • France
  • BENELUX
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Rest of APAC
• Latin America
  • Brazil
  • Rest of LATAM
• Middle East & Africa
  • Saudi Arabia
  • A.E.
  • Israel
  • Rest of MEA

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