Digital Utility Market Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028

The Digital Utility Market is expected to grow at a CAGR of 12%, from 2022 to 2028. Digital utilities are the digital transformation of the utility industry by adopting a digital way of working with business goals that utilities typically reinvent. Typical business goals may include streamlining operations, improving interactions with customers, increasing efficiencies, or hoping to launch new business models. Today’s efforts are taking many forms, such as investments in cloud, big data, mobile, wearable’s, communications infrastructure, sensors, automation, IT/IoT integration, artificial intelligence, and grid modernization with integrated operations centers.

Company Profile

• ABB Ltd.
• Accenture PLC
• Capgemini SA
• Eaton Corporation PLC
• General Electric Company
• IBM Corporation
• Oracle Corporation
• SAP SE
• Schneider Electric SE

Market Segmentation

 By Network

• Generation
• Transmission and Distribution
• Retail

By Technology

• Hardware
• Integrated Solutions

Scope of the Report

The research study analyzes the Digital Utility Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Digital Utility Market Report

1. What was the Digital Utility Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).
2. What will be the CAGR of Digital Utility Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Digital Utility Market was the market leader in 2021?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

Key Benefits of Buying the Digital Utility Market Report:

• Comprehensive analysis of the changing competitive landscape.
• Assists in decision making processes for the businesses along with detailed strategic planning methodologies.
• The report offers an 8-year forecast and assessment of the Digital Utility
• Helps in understanding the key product segments and their estimated growth rate.
• In-depth analysis of market drivers, restraints, trends, and opportunities.
• Comprehensive regional analysis of the Digital Utility
• Extensive profiling of the key stakeholders of the business sphere.
• Detailed analysis of the factors influencing the growth of the Digital Utility Market.