Greentech Lead America: Enterprise smart grid (ESG) market is valued at $6.2B in 2013 and is projected to grow 30 percent per year over the next four years, according to a report from Groom Energy Solutions.
With an explosion of new technologies and startups, the vendor landscape has been changing and evolving quickly, according to the 2013 Enterprise Smart Grid report.
The report finds that larger vendors are beginning to dominate through acquisitions and broader offerings, while many venture-backed startups struggle.
The installed cost of submeters for visibility of energy consumption has fallen 30 percent in the last two years as more products come to the market and more technicians are trained to install submeters.
Companies increasingly are looking for vendors with a broad product and service portfolio
The report names ten 2013 Enterprise Smart Grid Leaders based on the strength of product, financial stability of the company, financial payback of solution, number of customers, sales momentum in the last 18 months and product vision
The ESG leaders listed in the report in alphabetical order are BuildingIQ, Ecova, EFT Energy, EnergyCAP, EnerNOC, eSight Energy, Gridpoint, Phoenix Energy Technologies, Schneider Electric, and Siemens.