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 November 3, 2015 - 5:15 AM EST
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Behavioral and Analytical Demand-Side Management Spending is Expected to Reach $2.5 Billion in 2024, According to Navigant Research

Growth of the smart grid and smart meter deployments are driving behavioral and analytical demand-side management, report finds

A new report from Navigant Research analyzes the behavioral and analytical demand-side management (DSM) market, including the residential and commercial and industrial (C&I) sectors, with global market forecasts, through 2024.

The availability of energy usage data and the creation of software platforms with data analytics have recently given way to new forms of DSM. Behavioral and analytical DSM, which focus on consumer education, individual participation, and finding opportunities for energy savings through equipment monitoring and data analytics, have the potential to deliver greater results to consumers than traditional programs. Click to tweet: According to a new report from Navigant Research, global behavioral and analytical DSM spending is expected to grow from $214.7 million in 2015 to $2.5 billion in 2024.

“Behavioral and analytical DSM methods have recently emerged as discovering and promoting energy savings tools with the potential to reduce costs for energy consumers,” says Paige Leuschner, research associate with Navigant Research. “In addition to being a tool for energy savings, utilities are also using these types of DSM as a means for expanding solution offerings and enhancing customer engagement and satisfaction.”

The growth of the smart grid and smart meter deployments have driven interest in behavioral and analytical DSM, according to the report. The resulting intelligence has become a tool for promoting energy conservation and cost reduction, leading to greater customer satisfaction for utilities and furthering investment in DSM programs.

The report, Behavioral and Analytical Demand-Side Management, examines the global behavioral and analytical DSM market, with a focus on two sectors: residential and commercial and industrial (C&I). The study provides an analysis of utility case studies and market issues, including drivers and barriers, associated with behavioral and analytical DSM. Global market forecasts for spending, segmented by category (behavioral and analytical), sector, and region, extend through 2024. The report also looks at the competitive landscape of behavioral and analytical DSM to identify and highlight the strengths and challenges of key players in the market. An Executive Summary of the report is available for free download on the Navigant Research website.

About Navigant Research

Navigant Research, the dedicated research arm of Navigant, provides market research and benchmarking services for rapidly changing and often highly regulated industries. In the energy sector, Navigant Research focuses on in-depth analysis and reporting about global clean technology markets. The team’s research methodology combines supply-side industry analysis, end-user primary research and demand assessment, and deep examination of technology trends to provide a comprehensive view of the Smart Energy, Smart Utilities, Smart Transportation, and Smart Buildings sectors. Additional information about Navigant Research can be found at

About Navigant

Navigant Consulting, Inc. is an independent specialized, global professional services firm that combines deep industry knowledge with technical expertise to enable companies to defend, protect and create value. With a focus on industries and clients facing transformational change and significant regulatory and legal issues, the Firm serves clients primarily in the healthcare, energy and financial services sectors which represent highly complex market and regulatory environments. Professional service offerings include strategic, financial, operational, technology, risk management, compliance, investigative solutions, dispute resolutions services and business process management services. The Firm provides services to companies, legal counsel and governmental agencies. The business is organized in four reporting segments – Disputes, Investigations & Economics; Financial, Risk & Compliance; Healthcare; and Energy. More information about Navigant can be found at

* The information contained in this press release concerning the report, Behavioral and Analytical Demand-Side Management, is a summary and reflects Navigant Research’s current expectations based on market data and trend analysis. Market predictions and expectations are inherently uncertain and actual results may differ materially from those contained in this press release or the report. Please refer to the full report for a complete understanding of the assumptions underlying the report’s conclusions and the methodologies used to create the report. Neither Navigant Research nor Navigant undertakes any obligation to update any of the information contained in this press release or the report.

Navigant Research
Lindsay Lorenz, +1-303-493-5477
Megan Maupin, +1-312-583-5703

Source: Business Wire (November 3, 2015 - 5:15 AM EST)

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