Demand Response Market
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Report Description<br />
On the basis of software, demand response market can be sub-segmented as industrial &<br />
commercial demand response management system, residential demand response<br />
management system and mobile applications. <strong>Demand</strong> response market can be<br />
segmented according to vertical which includes public, retail, manufacturing, media &<br />
entertainment, transportation & logistics, IT & telecommunication, banking, financial<br />
service and insurance (BFSI), healthcare and energy & utility. Regionally, demand<br />
response market can be segmented into North America, Latin America, Western Europe,<br />
Eastern Europe, Middle East & Africa (MEA), Asia Pacific excluding Japan (APEJ) and<br />
Japan.<br />
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<strong>Demand</strong> <strong>Response</strong> <strong>Market</strong>: Regional Outlook<br />
<strong>Demand</strong> response market is witnessing steady growth and is anticipated to witness<br />
double digit CAGR during the projected period. North America was the dominant regional<br />
market in 2014 followed by Western Europe. These two regions combined represented<br />
market share of more than 70%, but are expected to lose their share to some extent to<br />
other regions during the forecast period. Asia Pacific is expected to exhibit highest<br />
growth among all the regions due to evolving economy of countries like India, Philippines<br />
and China.
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