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Digital Utility Market (Report 2019-2027) by Credence Research: Expected market size US$ 381.38 Bn

February 6, 2020 GMT

Sanjose, CA USA, February 6, 2020 (Wired Release) Credence Research The digital utility market was valued at US$ 141.41 billion in 2018 and is projected to reach US$ 381.38 billion by 2027 for a CAGR of 11.7% over the forecast period from 2019 to 2027. Rapid technological advancements coupled with the industrial revolution 4.0 are driving business towards digitalization, including the power industry. The power industry is increasingly adopting digital technologies which, in turn, are increasing the growth of the digital utility market. In addition, significant changes in energy demand, coupled with strains on capital asset investment growth, are weakening the increase in utilities. Such shifts are driving the need to adopt a new business model with digital capabilities that can help utilities respond to changes in utilities management and consumption. Organizations have realized the importance of digitization and are now focused on two aspects, namely customer guarantee and efficiency improvement. Thereby propelling the demand for digital utility market.

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[Note: Our Free Complimentary Sample Report Accommodate a Brief Introduction to the Synopsis, TOC, List of Tables and Figures, Competitive Landscape and Geographic Segmentation, Innovation and Future Developments Based on Research Methodology are also included]

In addition, the combination of factors, including an increasing number of distributed and renewable power generation projects worldwide, strict regulation of electrical utilities and the need to improve productivity and efficiency, among others, are key factors driving the growth of the digital utility market. The increasing penetration of digital technology, upcoming smart city projects worldwide and demand for domestic electricity in countries like China and India, among others, are expected to increase the growth of the digital utility market.

Geographic Coverage

North America Digital Utility Market Revenue and Forecast

Europe Digital Utility Market Revenue and Forecast

Asia Pacific Digital Utility Market Revenue and Forecast

Latin America Digital Utility Market Revenue and Forecast

Middle East and Africa Digital Utility Market Revenue and Forecast

List of Companies Covered:

General Electric Co.
Siemens AG
ABB Ltd.
Accenture Plc
Capgemini SE
Sap SE
IBM
Microsoft Corporation
Oracle Corporation
Wipro Ltd
Infosys Ltd

Access the sample copy of this research report: https://www.credenceresearch.com/sample-request/60169

Key questions answered in this report

What are the current market trends and dynamics in the Digital Utility market and valuable opportunities for emerging players?

Estimated forecast and market projections up to 2027

Which segment accounts for the fastest CAGR during the forecast period?

Which Technology segment holds a larger market share and why?

Are low and middle-income economies investing in the Digital Utility market?

Which is largest regional market for Digital Utility?

What is the market trend and dynamics in emerging markets such as Asia Pacific, Latin America and Middle East Africa?

Worldwide market value of the Digital Utility market in 2017 and 2018

Which are the key trends driving the global Digital Utility market growth?

Who are the leading service providers in the Digital Utility market worldwide?

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ToC:

1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Network
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.3.4. Approach Adopted
1.3.4.1. Top-Down Approach
1.3.4.2. Bottom-Up Approach
1.3.5. Assumptions
1.4. Market Segmentation

2. Executive Summary
2.1. Market Snapshot: Global Digital Utility (DU) Market
2.2. Global DU Market, by Network, 2018 (US$ Bn)
2.3. Global DU Market, by Technology, 2018 (US$ Bn)
2.4. Global DU Market, by Geography, 2018 (US$ Bn)

3. Market Dynamics
3.1. Introduction
3.1.1. Global DU Market Value, 2017-2027, (US$ Bn)
3.2. Market Dynamics
3.2.1. Market Drivers
3.2.2. Market Restraints
3.3. Attractive Investment Proposition, by Geography, 2018
3.4. Market Positioning of Key Players, 2018
3.4.1. Major Strategies Adopted by Key Players

4. Global Digital Utility (DU) Market, by Network , 2017-2027 (US$ Bn)
4.1. Overview
4.2. Transmission Distribution
4.3. Generation
4.4. Retail

..

.toc continued

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About Credence Research:

Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, weve manufactured a firm extraordinarily prepared to this task.

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