The Uncertain Future of Residential PV Monitoring Software

By [email protected] The market for residential PV monitoring software has grown tremendously in the past few years, reaching a total monitored capacity of 11.6 gigawatts at the end of 2015 and approaching 15 gigawatts by the end of 2016, as found in the latest GTM Research report, Global PV Monitoring 2016-2020: Markets, Trends, and Leading Players.

However, a radical transformation is in the cards for the next few years, driven by a shifting market and increased competition.

Low attachment rates constrain market size

The first hurdle for monitoring providers is the size of the market they compete for: although seemingly large, 11.6 gigawatts only represents

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