Digital Power Utility Global Market Report 2024

Global Digital Power Utility Market Report 2024

Digital Power Utility Global Market Report 2024 – By Type (Hardware Service, Software Service), By Sector (Power Generation, Transmission And Distribution, Energy Storage, Energy Trading), By Organization Size (Large Enterprises, Small-sized Enterprises, Medium-sized Enterprises) – Market Size, Trends, And Global Forecast 2024-2033

Name: Digital Power Utility Global Market Report 2024
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Digital Power Utility Global Market Report 2024

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Digital Power Utility Global Market Report 2024

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Digital Power Utility Market Definition

Digital power utility refers to the integration of advanced technologies, data analytics, and communication systems within the traditional utilities infrastructure to enhance efficiency, reliability, and sustainability. This concept involves the use of digital devices and systems to monitor and control the generation, distribution and consumption of electricity.

The main types of digital power utility are hardware service and software service. Digital power utility hardware services refer to the hardware components and related services used in digital power utility systems. It is used in power generation, transmission and distribution, energy storage, and energy trading sectors in large enterprises, small-sized enterprises, and medium-sized enterprises.

Digital Power Utility Market Segmentation

The digital power utility market covered in this report is segmented –

1) By Type: Hardware Service, Software Service

2) By Sector: Power Generation, Transmission And Distribution, Energy Storage, Energy Trading

3) By Organization Size: Large Enterprises, Small-sized Enterprises, Medium-sized Enterprises

Global Digital Power Utility Market Size 2023 to 2028: Graph

Digital Power Utility Market Size 2024 And Growth Rate

The digital power utility market size has grown exponentially in recent years. It will grow from $76.68 billion in 2023 to $92.43 billion in 2024 at a compound annual growth rate (CAGR) of 20.5%. The growth in the historic period can be attributed to the rising focus on renewable energy projects and energy storage devices, rising distribution and transmission network, the increasing global warming and degradation of natural resources, growing environmental concerns, increasing number of renewable energy plants.

Digital Power Utility Market Growth Forecast

The digital power utility market size is expected to see exponential growth in the next few years. It will grow to $191.34 billion in 2028 at a compound annual growth rate (CAGR) of 20.0%. The growth in the forecast period can be attributed to the growing industrialization and urbanization have led to a surge in energy demand, the growing digitalization worldwide, increasing electricity generation and energy demand consumption, the rising need for renewable energy, rising need for green energy. Major trends in the forecast period include digitalization of power plants worldwide, technological advancements, increase in renewable energy sector and renewable integration, increased demand for energy from renewable sources, rapid digitalization are fueling the demand for digital utility solutions.

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Digital Power Utility Market Driver: Renewable Energy Revolution Catalyzing Growth In The Digital Power Utility Market

The rising need for renewable energy is expected to propel the growth of the digital power utility market going forward. Renewable energy is energy derived from natural sources that are replenished at a higher rate than they are consumed. There is a growing public awareness of the environmental and social impacts of fossil fuels and increasing demand for cleaner and more sustainable energy solutions. Digital power utility is used in renewable energy to efficiently manage the fluctuating output of renewables, optimizing energy storage, and balancing supply and demand in real time. For instance, according to the European Commission, a Belgium-based governing body, in 2022, renewable energy accounted for 23.0% of energy consumed in the EU, up from 21.9% in 2021. Therefore, the rising need for renewable energy is driving the growth of the digital power utility market.

Global Digital Power Utility Market Major Players

Major companies operating in the digital power utility market report are Microsoft Corporation, Siemens AG, General Electric Company, Accenture PLC, The International Business Machines Corporation, Cisco Systems Inc., Oracle Corporation, Schneider Electric SE, Honeywell International Inc., SAP SE, ABB Ltd., Capgemini Ltd., Eaton Corporation plc, Cognizant, Infosys Ltd., Vestas Wind Systems A/S, Emerson Electric Co., Hitachi Energy Ltd., Wipro Ltd., Siemens Gamesa Renewable Energy S.A., Rockwell Automation Inc. , Nordex SE, PTC Inc., National Instruments Corporation, Mitsubishi Power Ltd., Toshiba Energy Systems & Solutions Corporation

Global Digital Power Utility Market Trend: GridOS Driving Digital Transformation In Power Utilities

Major companies operating in the digital power utility market are developing innovative solutions such as gridos to modernize and transform electricity grids for the future. This platform integrates energy data, network modeling, and AI and machine learning-driven analytics to power a suite of intelligent applications. For instance, in February 2023, GE Digital, a US-based Software industry corporation, launched gridos. The platform includes a 'zero trust' grid security model to protect resources from inside and outside threats. The partner ecosystem includes amazon web services (AWS) as a cloud provider and Accenture and Infosys among others as system integrators. The GridOS platform and application suite support GE Digital's grid operations portfolio mapping and design, advanced energy management system (aems) for transmission and market management operations, advanced distribution management system (ADMS) for distribution network operations, and distributed energy resource management system (derms) for forecasting and management.

Digital Power Utility Market Merger And Acquisition: Schneider Electric And Carlyle Group Establish AlphaStruxure For Energy Transformation In Digital Power Utility Market

In May 2021, Schneider Electric, a France-based digital automation and energy management, partnered with Carlyle Group for an undisclosed amount. Through this partnership, a joint venture that combines Schneider Electric's smart energy management and automation technologies with Carlyle's financial backing and expertise in energy infrastructure established AlphaStruxure. AlphaStruxure is related to the digital power utility through its focus on energy transformation and its energy as a service (EaaS) model. The joint venture leverages Schneider Electric's smart energy management and automation technologies to provide comprehensive solutions for energy transformation, resilience, reliability, emissions reduction, and cost stability. Carlyle Group is a US-based private equity company.

Regional Insights For The Global Digital Power Utility Market

North America was the largest region in the digital power utility market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the digital power utility market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the digital power utility market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain

The digital power utility market consists of revenues earned by entities by providing services such as maintenance scheduling, customer experience enhancement, smart meters and automation, integration of renewable energy, data analytics and advanced analytics, and electric vehicle integration. The market value includes the value of related goods sold by the service provider or included within the service offering. The digital power utility market also includes sales of smart meters, distribution automated devices, substation automation equipment and communication devices. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The digital power utility market research report is one of a series of new reports from The Business Research Company that provides digital power utility market statistics, including digital power utility industry global market size, regional shares, competitors with a digital power utility market share, detailed digital power utility market segments, market trends and opportunities, and any further data you may need to thrive in the digital power utility industry. This digital power utility market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Digital Power Utility Market Report Forecast and Analysis

Report Attribute	Details
Market Size Value In 2024	$92.43 billion
Revenue Forecast In 2033	$191.57 billion
Growth Rate	CAGR of 20.0% from 2024 to 2033
Base Year For Estimation	2023
Actual Estimates/Historical Data	2018-2023
Forecast Period	2024 - 2028 - 2033
Market Representation	Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered	1) By Type: Hardware Service, Software Service 2) By Sector: Power Generation, Transmission And Distribution, Energy Storage, Energy Trading 3) By Organization Size: Large Enterprises, Small-sized Enterprises, Medium-sized Enterprises
Regional Scope	Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled	Microsoft Corporation; Siemens AG; General Electric Company; Accenture PLC; The International Business Machines Corporation; Cisco Systems Inc.; Oracle Corporation; Schneider Electric SE; Honeywell International Inc.; SAP SE; ABB Ltd.; Capgemini Ltd.; Eaton Corporation plc; Cognizant; Infosys Ltd.; Vestas Wind Systems A/S; Emerson Electric Co.; Hitachi Energy Ltd.; Wipro Ltd.; Siemens Gamesa Renewable Energy S.A.; Rockwell Automation Inc. ; Nordex SE; PTC Inc.; National Instruments Corporation; Mitsubishi Power Ltd.; Toshiba Energy Systems & Solutions Corporation
Customization Scope	Request for Sample
Pricing And Purchase Options	Explore Purchase Options

1. Executive Summary

2. Digital Power Utility Market Characteristics

3. Digital Power Utility Market Trends And Strategies

4. Digital Power Utility Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market

4.2. Ukraine-Russia War Impact On The Market

4.3. COVID-19 Impact On The Market

5. Global Digital Power Utility Market Size and Growth

5.1. Global Digital Power Utility Market Drivers and Restraints

5.1.1. Drivers Of The Market

5.1.2. Restraints Of The Market

5.2. Global Digital Power Utility Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

5.3. Global Digital Power Utility Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Digital Power Utility Market Segmentation

6.1. Global Digital Power Utility Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Hardware Service

Software Service

6.2. Global Digital Power Utility Market, Segmentation By Sector, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Power Generation

Transmission And Distribution

Energy Storage

Energy Trading

6.3. Global Digital Power Utility Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Large Enterprises

Small-sized Enterprises

Medium-sized Enterprises

7. Digital Power Utility Market Regional And Country Analysis

7.1. Global Digital Power Utility Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

7.2. Global Digital Power Utility Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Digital Power Utility Market

8.1. Asia-Pacific Digital Power Utility Market Overview

Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Digital Power Utility Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.3. Asia-Pacific Digital Power Utility Market, Segmentation By Sector, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.4. Asia-Pacific Digital Power Utility Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Digital Power Utility Market

9.1. China Digital Power Utility Market Overview

9.2. China Digital Power Utility Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.3. China Digital Power Utility Market, Segmentation By Sector, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.4. China Digital Power Utility Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Digital Power Utility Market

10.1. India Digital Power Utility Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.2. India Digital Power Utility Market, Segmentation By Sector, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.3. India Digital Power Utility Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Digital Power Utility Market

11.1. Japan Digital Power Utility Market Overview

11.2. Japan Digital Power Utility Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.3. Japan Digital Power Utility Market, Segmentation By Sector, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.4. Japan Digital Power Utility Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Digital Power Utility Market

12.1. Australia Digital Power Utility Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.2. Australia Digital Power Utility Market, Segmentation By Sector, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.3. Australia Digital Power Utility Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Digital Power Utility Market

13.1. Indonesia Digital Power Utility Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.2. Indonesia Digital Power Utility Market, Segmentation By Sector, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.3. Indonesia Digital Power Utility Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Digital Power Utility Market

14.1. South Korea Digital Power Utility Market Overview

14.2. South Korea Digital Power Utility Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.3. South Korea Digital Power Utility Market, Segmentation By Sector, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.4. South Korea Digital Power Utility Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Digital Power Utility Market

15.1. Western Europe Digital Power Utility Market Overview

15.2. Western Europe Digital Power Utility Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.3. Western Europe Digital Power Utility Market, Segmentation By Sector, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.4. Western Europe Digital Power Utility Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Digital Power Utility Market

16.1. UK Digital Power Utility Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.2. UK Digital Power Utility Market, Segmentation By Sector, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.3. UK Digital Power Utility Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Digital Power Utility Market

17.1. Germany Digital Power Utility Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.2. Germany Digital Power Utility Market, Segmentation By Sector, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.3. Germany Digital Power Utility Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Digital Power Utility Market

18.1. France Digital Power Utility Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.2. France Digital Power Utility Market, Segmentation By Sector, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.3. France Digital Power Utility Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Digital Power Utility Market

19.1. Italy Digital Power Utility Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.2. Italy Digital Power Utility Market, Segmentation By Sector, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.3. Italy Digital Power Utility Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Digital Power Utility Market

20.1. Spain Digital Power Utility Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.2. Spain Digital Power Utility Market, Segmentation By Sector, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.3. Spain Digital Power Utility Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Digital Power Utility Market

21.1. Eastern Europe Digital Power Utility Market Overview

21.2. Eastern Europe Digital Power Utility Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.3. Eastern Europe Digital Power Utility Market, Segmentation By Sector, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.4. Eastern Europe Digital Power Utility Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Digital Power Utility Market

22.1. Russia Digital Power Utility Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.2. Russia Digital Power Utility Market, Segmentation By Sector, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.3. Russia Digital Power Utility Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Digital Power Utility Market

23.1. North America Digital Power Utility Market Overview

23.2. North America Digital Power Utility Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.3. North America Digital Power Utility Market, Segmentation By Sector, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.4. North America Digital Power Utility Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Digital Power Utility Market

24.1. USA Digital Power Utility Market Overview

24.2. USA Digital Power Utility Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.3. USA Digital Power Utility Market, Segmentation By Sector, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.4. USA Digital Power Utility Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Digital Power Utility Market

25.1. Canada Digital Power Utility Market Overview

25.2. Canada Digital Power Utility Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.3. Canada Digital Power Utility Market, Segmentation By Sector, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.4. Canada Digital Power Utility Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Digital Power Utility Market

26.1. South America Digital Power Utility Market Overview

26.2. South America Digital Power Utility Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.3. South America Digital Power Utility Market, Segmentation By Sector, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.4. South America Digital Power Utility Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Digital Power Utility Market

27.1. Brazil Digital Power Utility Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.2. Brazil Digital Power Utility Market, Segmentation By Sector, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.3. Brazil Digital Power Utility Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Digital Power Utility Market

28.1. Middle East Digital Power Utility Market Overview

28.2. Middle East Digital Power Utility Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.3. Middle East Digital Power Utility Market, Segmentation By Sector, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.4. Middle East Digital Power Utility Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Digital Power Utility Market

29.1. Africa Digital Power Utility Market Overview

29.2. Africa Digital Power Utility Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.3. Africa Digital Power Utility Market, Segmentation By Sector, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.4. Africa Digital Power Utility Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Digital Power Utility Market Competitive Landscape And Company Profiles

30.1. Digital Power Utility Market Competitive Landscape

30.2. Digital Power Utility Market Company Profiles

30.2.1. Microsoft Corporation

30.2.1.1. Overview

30.2.1.2. Products and Services

30.2.1.3. Strategy

30.2.1.4. Financial Performance

30.2.2. Siemens AG

30.2.2.1. Overview

30.2.2.2. Products and Services

30.2.2.3. Strategy

30.2.2.4. Financial Performance

30.2.3. General Electric Company

30.2.3.1. Overview

30.2.3.2. Products and Services

30.2.3.3. Strategy

30.2.3.4. Financial Performance

30.2.4. Accenture PLC

30.2.4.1. Overview

30.2.4.2. Products and Services

30.2.4.3. Strategy

30.2.4.4. Financial Performance

30.2.5. The International Business Machines Corporation

30.2.5.1. Overview

30.2.5.2. Products and Services

30.2.5.3. Strategy

30.2.5.4. Financial Performance

31. Digital Power Utility Market Other Major And Innovative Companies

31.1. Cisco Systems Inc.

31.2. Oracle Corporation

31.3. Schneider Electric SE

31.4. Honeywell International Inc.

31.5. SAP SE

31.6. ABB Ltd.

31.7. Capgemini Ltd.

31.8. Eaton Corporation plc

31.9. Cognizant

31.10. Infosys Ltd.

31.11. Vestas Wind Systems A/S

31.12. Emerson Electric Co.

31.13. Hitachi Energy Ltd.

31.14. Wipro Ltd.

31.15. Siemens Gamesa Renewable Energy S.A.

32. Global Digital Power Utility Market Competitive Benchmarking

33. Global Digital Power Utility Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Digital Power Utility Market

35. Digital Power Utility Market Future Outlook and Potential Analysis

35.1 Digital Power Utility Market In 2028 - Countries Offering Most New Opportunities

35.2 Digital Power Utility Market In 2028 - Segments Offering Most New Opportunities

35.3 Digital Power Utility Market In 2028 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

Table 1: Global Historic Market Growth, 2018-2023, $ Billion

Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Table 3: Global Digital Power Utility Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 4: Global Digital Power Utility Market, Segmentation By Sector, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 5: Global Digital Power Utility Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 6: Global Digital Power Utility Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 7: Global Digital Power Utility Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 8: Asia-Pacific, Digital Power Utility Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 9: Asia-Pacific, Digital Power Utility Market, Segmentation By Sector, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 10: Asia-Pacific, Digital Power Utility Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 11: China, Digital Power Utility Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 12: China, Digital Power Utility Market, Segmentation By Sector, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 13: China, Digital Power Utility Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 14: India, Digital Power Utility Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 15: India, Digital Power Utility Market, Segmentation By Sector, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 16: India, Digital Power Utility Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 17: Japan, Digital Power Utility Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 18: Japan, Digital Power Utility Market, Segmentation By Sector, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 19: Japan, Digital Power Utility Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 20: Australia, Digital Power Utility Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 21: Australia, Digital Power Utility Market, Segmentation By Sector, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 22: Australia, Digital Power Utility Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 23: Indonesia, Digital Power Utility Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 24: Indonesia, Digital Power Utility Market, Segmentation By Sector, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 25: Indonesia, Digital Power Utility Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 26: South Korea, Digital Power Utility Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 27: South Korea, Digital Power Utility Market, Segmentation By Sector, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 28: South Korea, Digital Power Utility Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 29: Western Europe, Digital Power Utility Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 30: Western Europe, Digital Power Utility Market, Segmentation By Sector, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 31: Western Europe, Digital Power Utility Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 32: UK, Digital Power Utility Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 33: UK, Digital Power Utility Market, Segmentation By Sector, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 34: UK, Digital Power Utility Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 35: Germany, Digital Power Utility Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 36: Germany, Digital Power Utility Market, Segmentation By Sector, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 37: Germany, Digital Power Utility Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 38: France, Digital Power Utility Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 39: France, Digital Power Utility Market, Segmentation By Sector, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 40: France, Digital Power Utility Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 41: Italy, Digital Power Utility Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 42: Italy, Digital Power Utility Market, Segmentation By Sector, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 43: Italy, Digital Power Utility Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 44: Spain, Digital Power Utility Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 45: Spain, Digital Power Utility Market, Segmentation By Sector, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 46: Spain, Digital Power Utility Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 47: Eastern Europe, Digital Power Utility Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 48: Eastern Europe, Digital Power Utility Market, Segmentation By Sector, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 49: Eastern Europe, Digital Power Utility Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 50: Russia, Digital Power Utility Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 51: Russia, Digital Power Utility Market, Segmentation By Sector, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 52: Russia, Digital Power Utility Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 53: North America, Digital Power Utility Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 54: North America, Digital Power Utility Market, Segmentation By Sector, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 55: North America, Digital Power Utility Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 56: USA, Digital Power Utility Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 57: USA, Digital Power Utility Market, Segmentation By Sector, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 58: USA, Digital Power Utility Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 59: Canada, Digital Power Utility Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 60: Canada, Digital Power Utility Market, Segmentation By Sector, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 61: Canada, Digital Power Utility Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 62: South America, Digital Power Utility Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 63: South America, Digital Power Utility Market, Segmentation By Sector, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 64: South America, Digital Power Utility Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 65: Brazil, Digital Power Utility Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 66: Brazil, Digital Power Utility Market, Segmentation By Sector, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 67: Brazil, Digital Power Utility Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 68: Middle East, Digital Power Utility Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 69: Middle East, Digital Power Utility Market, Segmentation By Sector, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 70: Middle East, Digital Power Utility Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 71: Africa, Digital Power Utility Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 72: Africa, Digital Power Utility Market, Segmentation By Sector, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 73: Africa, Digital Power Utility Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 74: Microsoft Corporation Financial Performance

Table 75: Siemens AG Financial Performance

Table 76: General Electric Company Financial Performance

Table 77: Accenture PLC Financial Performance

Table 78: The International Business Machines Corporation Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2018-2023, $ Billion

Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Figure 3: Global Digital Power Utility Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 4: Global Digital Power Utility Market, Segmentation By Sector, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 5: Global Digital Power Utility Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 6: Global Digital Power Utility Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 7: Global Digital Power Utility Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 8: Asia-Pacific, Digital Power Utility Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 9: Asia-Pacific, Digital Power Utility Market, Segmentation By Sector, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 10: Asia-Pacific, Digital Power Utility Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 11: China, Digital Power Utility Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 12: China, Digital Power Utility Market, Segmentation By Sector, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 13: China, Digital Power Utility Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 14: India, Digital Power Utility Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 15: India, Digital Power Utility Market, Segmentation By Sector, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 16: India, Digital Power Utility Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 17: Japan, Digital Power Utility Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 18: Japan, Digital Power Utility Market, Segmentation By Sector, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 19: Japan, Digital Power Utility Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 20: Australia, Digital Power Utility Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 21: Australia, Digital Power Utility Market, Segmentation By Sector, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 22: Australia, Digital Power Utility Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 23: Indonesia, Digital Power Utility Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 24: Indonesia, Digital Power Utility Market, Segmentation By Sector, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 25: Indonesia, Digital Power Utility Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 26: South Korea, Digital Power Utility Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 27: South Korea, Digital Power Utility Market, Segmentation By Sector, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 28: South Korea, Digital Power Utility Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 29: Western Europe, Digital Power Utility Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 30: Western Europe, Digital Power Utility Market, Segmentation By Sector, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 31: Western Europe, Digital Power Utility Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 32: UK, Digital Power Utility Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 33: UK, Digital Power Utility Market, Segmentation By Sector, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 34: UK, Digital Power Utility Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 35: Germany, Digital Power Utility Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 36: Germany, Digital Power Utility Market, Segmentation By Sector, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 37: Germany, Digital Power Utility Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 38: France, Digital Power Utility Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 39: France, Digital Power Utility Market, Segmentation By Sector, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 40: France, Digital Power Utility Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 41: Italy, Digital Power Utility Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 42: Italy, Digital Power Utility Market, Segmentation By Sector, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 43: Italy, Digital Power Utility Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 44: Spain, Digital Power Utility Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 45: Spain, Digital Power Utility Market, Segmentation By Sector, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 46: Spain, Digital Power Utility Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 47: Eastern Europe, Digital Power Utility Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 48: Eastern Europe, Digital Power Utility Market, Segmentation By Sector, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 49: Eastern Europe, Digital Power Utility Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 50: Russia, Digital Power Utility Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 51: Russia, Digital Power Utility Market, Segmentation By Sector, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 52: Russia, Digital Power Utility Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 53: North America, Digital Power Utility Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 54: North America, Digital Power Utility Market, Segmentation By Sector, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 55: North America, Digital Power Utility Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 56: USA, Digital Power Utility Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 57: USA, Digital Power Utility Market, Segmentation By Sector, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 58: USA, Digital Power Utility Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 59: Canada, Digital Power Utility Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 60: Canada, Digital Power Utility Market, Segmentation By Sector, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 61: Canada, Digital Power Utility Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 62: South America, Digital Power Utility Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 63: South America, Digital Power Utility Market, Segmentation By Sector, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 64: South America, Digital Power Utility Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 65: Brazil, Digital Power Utility Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 66: Brazil, Digital Power Utility Market, Segmentation By Sector, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 67: Brazil, Digital Power Utility Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 68: Middle East, Digital Power Utility Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 69: Middle East, Digital Power Utility Market, Segmentation By Sector, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 70: Middle East, Digital Power Utility Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 71: Africa, Digital Power Utility Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 72: Africa, Digital Power Utility Market, Segmentation By Sector, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 73: Africa, Digital Power Utility Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 74: Microsoft Corporation Financial Performance

Figure 75: Siemens AG Financial Performance

Figure 76: General Electric Company Financial Performance

Figure 77: Accenture PLC Financial Performance

Figure 78: The International Business Machines Corporation Financial Performance

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Frequently Asked Questions

What is the definition of the digital power utility market?

How will the digital power utility market drivers and restraints affect the digital power utility market dynamics? What forces will shape the digital power utility industry going forward?

The digital power utility market major growth driver - Renewable Energy Revolution Catalyzing Growth In The Digital Power Utility Market. For further insights on the digital power utility market, request a sample here

What is the forecast market size or the forecast market value of the digital power utility market?

The digital power utility market size has grown exponentially in recent years. It will grow from $76.68 billion in 2023 to $92.43 billion in 2024 at a compound annual growth rate (CAGR) of 20.5%. The growth in the historic period can be attributed to the rising focus on renewable energy projects and energy storage devices, rising distribution and transmission network, the increasing global warming and degradation of natural resources, growing environmental concerns, increasing number of renewable energy plants. The digital power utility market size is expected to see exponential growth in the next few years. It will grow to $191.34 billion in 2028 at a compound annual growth rate (CAGR) of 20.0%. The growth in the forecast period can be attributed to the growing industrialization and urbanization have led to a surge in energy demand, the growing digitalization worldwide, increasing electricity generation and energy demand consumption, the rising need for renewable energy, rising need for green energy . Major trends in the forecast period include digitalization of power plants worldwide, technological advancements, increase in renewable energy sector and renewable integration, increased demand for energy from renewable sources, rapid digitalization are fueling the demand for digital utility solutions. For further insights on the digital power utility market, request a sample here

How is the digital power utility market segmented?

The digital power utility market is segmented
1) By Type: Hardware Service, Software Service
2) By Sector: Power Generation, Transmission And Distribution, Energy Storage, Energy Trading
3) By Organization Size: Large Enterprises, Small-sized Enterprises, Medium-sized EnterprisesFor further insights on the digital power utility market, request a sample here

Which region has the largest share of the digital power utility market? What are the other regions covered in the report?

North America was the largest region in the digital power utility market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the digital power utility market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the digital power utility market, request a sample here.

Who are the major players in the digital power utility market?

Major companies operating in the digital power utility market report are Microsoft Corporation, Siemens AG, General Electric Company, Accenture PLC, The International Business Machines Corporation, Cisco Systems Inc., Oracle Corporation, Schneider Electric SE, Honeywell International Inc., SAP SE, ABB Ltd., Capgemini Ltd., Eaton Corporation plc, Cognizant, Infosys Ltd., Vestas Wind Systems A/S , Emerson Electric Co., Hitachi Energy Ltd., Wipro Ltd., Siemens Gamesa Renewable Energy S.A., Rockwell Automation Inc. , Nordex SE , PTC Inc., National Instruments Corporation, Mitsubishi Power Ltd., Toshiba Energy Systems & Solutions Corporation For further insights on the digital power utility market, request a sample here.

What are the key trends in the digital power utility market?

Major trend in the digital power utility market - GridOS Driving Digital Transformation In Power Utilities. For further insights on the digital power utility market, request a sample here.

What are the major opportunities in the digital power utility market? What are the strategies for the digital power utility market?

For detailed insights on the major opportunities and strategies in the digital power utility market, request a sample here.

How does the digital power utility market relate to the overall economy and other similar markets?

For detailed insights on digital power utility market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the digital power utility industry?

For detailed insights on the mergers and acquisitions in the digital power utility industry, request a sample here.

What are the key dynamics influencing the digital power utility market growth? SWOT analysis of the digital power utility market.

For detailed insights on the key dynamics influencing the digital power utility market growth and SWOT analysis of the digital power utility industry, request a sample here.