Digital Power Utility Market Synopsis

Digital Power Utility Market Size Was Valued at USD 67.56 Billion in 2022 and is Projected to Reach USD 349.3 Billion by 2030, Growing at a CAGR of 22.8% From 2023-2030.

Digital power utilities encompass the integration of advanced technologies, such as cloud computing and Internet of Things applications, into the operations of power generation, transmission, and distribution processes. This transformative approach enables utility companies to optimize their operations, enhance asset management, and improve overall efficiency.

  • Traditionally viewed as late adopters of technology, power utilities worldwide are undergoing a transformative shift toward digitization. Recent technological advancements in the power sector have encouraged utility companies to embrace digital solutions for optimized operations and enhanced customer satisfaction.
  • Start-ups and established enterprises now offer technologies and platforms to power producers and utilities, enabling them to decrease costs, increase revenues, and explore new business opportunities. These digital solutions focus on areas such as optimized operation and maintenance, effective asset management, and managing electrical loads, providing tangible benefits for the energy ecosystem.
  • Digital power utility solutions play a crucial role in overcoming operational challenges in electricity generation, transmission, and distribution, reducing energy losses, and enhancing the overall efficiency of these processes. Real-time asset control, cloud integration, and Internet of Things applications contribute to improved security, storage, and flexibility in power distribution, aligning with the global shift towards sustainable energy practices.

Digital Power Utility Market Trend Analysis

Increasing Demand for Smart Grids and Grid Modernization

  • The increasing demand for smart grids and grid modernization in the digital power utility market is primarily driven by the imperative to enhance overall system efficiency and reliability. Traditional power grids face challenges in adapting to dynamic energy demands, incorporating renewable energy sources, and efficiently managing electricity distribution. Smart grids leverage advanced digital technologies to optimize the flow of electricity, monitor and control grid components in real time, and proactively respond to fluctuations in demand. This results in reduced energy losses, improved reliability, and a more resilient power infrastructure, aligning with the industry's pursuit of operational excellence.
  • Another crucial driver behind the push for smart grids is the increasing integration of renewable energy sources and the growing emphasis on demand response mechanisms. With a rising share of renewable energy in the power mix, smart grids enable seamless integration by efficiently managing the variability associated with sources like solar and wind. Additionally, these digital systems facilitate demand response programs, allowing utilities to engage consumers in actively managing their energy consumption.

Advancements in Artificial Intelligence and Machine Learning

  • Advancements in artificial intelligence (AI) and machine learning (ML) present a significant opportunity for the digital power utility market by enabling predictive maintenance and asset optimization. AI algorithms can analyze vast amounts of data from power generation equipment, predicting potential failures or maintenance needs before they occur. This proactive approach minimizes downtime, enhances asset lifespan, and optimizes overall operational efficiency. Machine learning models can continuously learn from real-time data, adapting to evolving conditions and ensuring that power utilities can maintain a reliable and resilient infrastructure.
  • The integration of AI and ML in the digital power utility sector opens avenues for the development of smart grids and efficient energy consumption. AI algorithms can analyze consumption patterns, forecast demand, and dynamically adjust power distribution in real time. Machine learning models can optimize energy routing, balancing the load across the grid and reducing energy losses.

Digital Power Utility Market Segment Analysis:

Digital Power Utility Market Segmented on the basis of Technology, Deployment, and Sector.

By Technology, Hardware segment is expected to dominate the market during the forecast period

  • The dominance of the hardware segment in the digital power utility market can be attributed to the ongoing need for infrastructure modernization and substantial investments in physical assets. As power utilities transition towards digitization, there is a critical requirement for upgrading and deploying new hardware components such as sensors, smart meters, and communication devices. These physical technologies form the backbone of the digital ecosystem, facilitating the collection of real-time data and enabling seamless connectivity across the power grid.
  • The hardware segment's dominance is further fueled by the integration of Internet of Things (IoT) devices and edge computing technologies. As power utilities implement IoT solutions for monitoring and control, the demand for specialized hardware capable of handling edge computing tasks increases. Edge devices play a crucial role in processing data at the source, reducing latency and improving the overall responsiveness of the digital power utility ecosystem.

By Sector, Power Generation segment held the largest share of 48.5% in 2022

  • The power generation segment in the digital power utility market is primarily driven by the increasing integration of renewable energy sources. As the global focus shifts towards sustainable and clean energy, power generation companies are investing significantly in technologies that support the efficient harnessing and integration of renewable sources such as solar and wind. Digital solutions within the power generation segment enable real-time monitoring and optimization of renewable energy assets, ensuring their seamless integration into the power grid.
  • Power generation companies are leveraging digital technologies to enhance operational efficiency and grid resilience. Advanced analytics, machine learning, and predictive maintenance in the power generation segment enable proactive identification of equipment failures, reducing downtime and maintenance costs. Digital solutions also facilitate optimal utilization of existing power generation assets, maximizing output while minimizing environmental impact.

Digital Power Utility Market Regional Insights:

Asia Pacific is Expected to Dominate the Market Over the Forecast period

  • The dominance and rapid growth of the digital power utility market in the Asia-Pacific (APAC) region can be attributed to significant government investments in renewable energy and grid modernization projects. Many APAC countries, including China and India, have prioritized the transition to sustainable energy sources. Substantial financial commitments from governments to support renewable energy initiatives and modernize power grids create a conducive environment for the adoption of digital power utility technologies.
  • The APAC region experiences rapid urbanization and a surge in energy demand driven by economic development. This growth necessitates a resilient and technologically advanced power infrastructure, leading to increased adoption of digital power utilities. Additionally, favorable regulatory policies play a pivotal role in fostering digitalization in the power sector. Governments in the APAC region have recognized the benefits of digital technologies in improving energy efficiency, reducing losses, and meeting environmental goals. Supportive regulatory frameworks encourage utilities to invest in digital solutions, contributing to the region's leadership in the digital power utility market.

The Below graph shows that the robust surge in energy consumption across the Asia-Pacific region has become a catalyst for the expanding Digital Power Utility Market. As the energy demand continues to rise, the need for advanced technologies in the power sector becomes increasingly evident. This escalating trend underscores the critical role played by digital solutions in enhancing efficiency, reliability, and sustainability within the utility industry. The growing recognition of these benefits is propelling the Digital Power Utility Market to new heights, reflecting the imperative for innovative solutions to meet the evolving energy landscape in the Asia-Pacific region.

 

Digital Power Utility Market Top Key Players:

  • General Electric Company (U.S.)
  • Oracle Corporation (U.S.)
  • Cisco Systems Inc. (U.S.)
  • Microsoft Corporation (U.S.)
  • Siemens AG (Germany)
  • SAP SE (Germany)
  • Accenture plc (Ireland)
  • Capgemini SE (France)
  • Schneider Electric SE (France)
  • ABB Ltd. (Switzerland)
  • State Grid Corporation (China)
  • China Southern Power Grid (China)
  • China National Nuclear (China)
  • Huawei Technologies (China)
  • China Electronics Corporation (China)
  • Nari Group (China)
  • Holley Metering (China)
  • XinAo Measurement and Control (China)
  • Zhejiang Yongtailong Technology (China)
  • Toshiba Corporation (Japan)
  • Mitsubishi Electric Corporation (Japan)
  • Panasonic Corporation (Japan)
  • Fujitsu Limited (Japan)
  • Yokogawa Electric Corporation (Japan)

Key Industry Developments in the Digital Power Utility Market:

  • In January 2023, General Electric Company in the United States introduced the 'GridIQ' platform, a cutting-edge solution designed for advanced grid analytics and optimization. Furthermore, they have recently collaborated with Microsoft to jointly develop cloud-based solutions for enhancing efficiency in power grid management.
  • In May 2022, ABB Ltd. completed the acquisition of B&R Industrial Automation, a renowned leader in providing automation solutions for the power industry. This strategic move enhances ABB's standing in the market, underscoring its commitment to advancing automation technologies within the power sector. The acquisition positions ABB to offer innovative and comprehensive solutions, further solidifying its presence in the dynamic landscape of industrial automation for the power industry.

Digital Power Utility Market

Base Year:

2022

Forecast Period:

2023-2030

 

Historical Data:

2017 to 2022

Market Size in 2022:

USD 67.56 Bn.

 

CAGR (2023-2030):

22.8%

Market Size in 2030:

USD 349.3 Bn.

 

Segments Covered:

By Technology

  • Hardware
  • Integrated Solutions

 

By Deployment

  • On-Premises
  • Cloud-Based

 

By Sector

  • Power Generation
  • Transmission and Distribution
  • Power Consumption
  • Energy Storage
  • Energy Trading

 

By Region

  • North America (U.S., Canada, Mexico)
  • Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
  • Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
  • Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
  • South America (Brazil, Argentina, Rest of SA)

 

Key Market Drivers:

  • Increasing Demand for Smart Grids and Grid Modernization

Key Market Restraints:

  • High Initial Investment

Key Opportunities:

  • Advancements in Artificial Intelligence and Machine Learning

Companies Covered in the Report:

  • General Electric Company, Oracle Corporation, Cisco Systems Inc., and Electronics Corporation, Schneider Electric SE, and Other Major Players.
  1. INTRODUCTION
    1. RESEARCH OBJECTIVES
    2. RESEARCH METHODOLOGY
    3. RESEARCH PROCESS
    4. SCOPE AND COVERAGE
      1. Market Definition
      2. Key Questions Answered
    5. MARKET SEGMENTATION
  2. EXECUTIVE SUMMARY
  3. MARKET OVERVIEW
  4. GROWTH OPPORTUNITIES BY SEGMENT
  5. MARKET LANDSCAPE
    1. PORTER’S FIVE FORCES ANALYSIS
      1. Bargaining Power Of Supplier
      2. Threat Of New Entrants
      3. Threat Of Substitutes
      4. Competitive Rivalry
      5. Bargaining Power Among Buyers
    2. INDUSTRY VALUE CHAIN ANALYSIS
    3. MARKET DYNAMICS
      1. Drivers
      2. Restraints
      3. Opportunities
      4. Challenges
    4. MARKET TREND ANALYSIS
    5. REGULATORY LANDSCAPE
    6. PESTLE ANALYSIS
    7. PRICE TREND ANALYSIS
    8. PATENT ANALYSIS
    9. TECHNOLOGY EVALUATION
    10. MARKET IMPACT OF THE RUSSIA-UKRAINE WAR
      1. Geopolitical Market Disruptions
      2. Supply Chain Disruptions
      3. Instability in Emerging Markets
    11. ECOSYSTEM
  6. DIGITAL POWER UTILITY MARKET BY TECHNOLOGY (2016-2030)
    1. DIGITAL POWER UTILITY MARKET SNAPSHOT AND GROWTH ENGINE
    2. MARKET OVERVIEW
    3. HARDWARE
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2016 – 2030F)
      3. Historic And Forecasted Market Size in Volume (2016 – 2030F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
    4. INTEGRATED SOLUTIONS
  7. DIGITAL POWER UTILITY MARKET BY DEPLOYMENT (2016-2030)
    1. DIGITAL POWER UTILITY MARKET SNAPSHOT AND GROWTH ENGINE
    2. MARKET OVERVIEW
    3. ON-PREMISES
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2016 – 2030F)
      3. Historic And Forecasted Market Size in Volume (2016 – 2030F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
    4. CLOUD-BASED
  8. DIGITAL POWER UTILITY MARKET BY SECTOR (2016-2030)
    1. DIGITAL POWER UTILITY MARKET SNAPSHOT AND GROWTH ENGINE
    2. MARKET OVERVIEW
    3. POWER GENERATION
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2016 – 2030F)
      3. Historic And Forecasted Market Size in Volume (2016 – 2030F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
    4. TRANSMISSION AND DISTRIBUTION
    5. POWER CONSUMPTION
    6. ENERGY STORAGE
    7. ENERGY TRADING
  9. COMPANY PROFILES AND COMPETITIVE ANALYSIS
    1. COMPETITIVE LANDSCAPE
      1. Competitive Positioning
      2. DIGITAL POWER UTILITY Market Share By Manufacturer (2022)
      3. Industry BCG Matrix
      4. Heat Map Analysis
      5. Mergers & Acquisitions
    2. GENERAL ELECTRIC
      1. Company Overview
      2. Key Executives
      3. Company Snapshot
      4. Role of the Company in the Market
      5. Sustainability and Social Responsibility
      6. Operating Business Segments
      7. Product Portfolio
      8. Business Performance (Production Volume, Sales Volume, Sales Margin, Production Capacity, Capacity Utilization Rate)
      9. Key Strategic Moves And Recent Developments
      10. SWOT Analysis
    3. ORACLE CORPORATION
    4. CISCO SYSTEMS INC.
    5. MICROSOFT CORPORATION
    6. SIEMENS AG
    7. SAP SE
    8. ACCENTURE PLC
    9. CAPGEMINI SE
    10. SCHNEIDER ELECTRIC SE
    11. ABB LTD.
    12. STATE GRID CORPORATION
    13. CHINA SOUTHERN POWER GRID
    14. CHINA NATIONAL NUCLEAR
    15. HUAWEI TECHNOLOGIES
    16. CHINA ELECTRONICS CORPORATION
    17. NARI GROUP
    18. HOLLEY METERING
    19. XINAO MEASUREMENT AND CONTROL
    20. ZHEJIANG YONGTAILONG TECHNOLOGY
    21. TOSHIBA CORPORATION
    22. MITSUBISHI ELECTRIC CORPORATION
    23. PANASONIC CORPORATION
    24. FUJITSU LIMITED
    25. YOKOGAWA ELECTRIC CORPORATION
  10. GLOBAL DIGITAL POWER UTILITY MARKET BY REGION
    1. OVERVIEW
    2. NORTH AMERICA
      1. Key Market Trends, Growth Factors And Opportunities
      2. Key Manufacturers
      3. Historic And Forecasted Market Size By TECHNOLOGY
      4. Historic And Forecasted Market Size By DEPLOYMENT
      5. Historic And Forecasted Market Size By SECTOR
      6. Historic And Forecasted Market Size By Country
        1. USA
        2. Canada
        3. Mexico
    3. EASTERN EUROPE
      1. Key Market Trends, Growth Factors And Opportunities
      2. Key Manufacturers
      3. Historic And Forecasted Market Size By Segments
      4. Historic And Forecasted Market Size By Country
        1. Russia
        2. Bulgaria
        3. The Czech Republic
        4. Hungary
        5. Poland
        6. Romania
        7. Rest Of Eastern Europe
    4. WESTERN EUROPE
      1. Key Market Trends, Growth Factors And Opportunities
      2. Key Manufacturers
      3. Historic And Forecasted Market Size By Segments
      4. Historic And Forecasted Market Size By Country
        1. Germany
        2. United Kingdom
        3. France
        4. The Netherlands
        5. Italy
        6. Spain
        7. Rest Of Western Europe
    5. ASIA PACIFIC
      1. Key Market Trends, Growth Factors And Opportunities
      2. Key Manufacturers
      3. Historic And Forecasted Market Size By Segments
      4. Historic And Forecasted Market Size By Country
        1. China
        2. India
        3. Japan
        4. South Korea
        5. Malaysia
        6. Thailand
        7. Vietnam
        8. The Philippines
        9. Australia
        10. New-Zealand
        11. Rest Of APAC
    6. MIDDLE EAST & AFRICA
      1. Key Market Trends, Growth Factors And Opportunities
      2. Key Manufacturers
      3. Historic And Forecasted Market Size By Segments
      4. Historic And Forecasted Market Size By Country
        1. Turkey
        2. Bahrain
        3. Kuwait
        4. Saudi Arabia
        5. Qatar
        6. UAE
        7. Israel
        8. South Africa
    7. SOUTH AMERICA
      1. Key Market Trends, Growth Factors And Opportunities
      2. Key Manufacturers
      3. Historic And Forecasted Market Size By Segments
      4. Historic And Forecasted Market Size By Country
        1. Brazil
        2. Argentina
        3. Rest of South America
  11. INVESTMENT ANALYSIS
  12. ANALYST VIEWPOINT AND CONCLUSION
    1. Recommendations and Concluding Analysis
    2. Potential Market Strategies

Digital Power Utility Market

Base Year:

2022

Forecast Period:

2023-2030

 

Historical Data:

2017 to 2022

Market Size in 2022:

USD 67.56 Bn.

 

CAGR (2023-2030):

22.8%

Market Size in 2030:

USD 349.3 Bn.

 

Segments Covered:

By Technology

  • Hardware
  • Integrated Solutions

 

By Deployment

  • On-Premises
  • Cloud-Based

 

By Sector

  • Power Generation
  • Transmission and Distribution
  • Power Consumption
  • Energy Storage
  • Energy Trading

 

By Region

  • North America (U.S., Canada, Mexico)
  • Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
  • Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
  • Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
  • South America (Brazil, Argentina, Rest of SA)

 

Key Market Drivers:

  • Increasing Demand for Smart Grids and Grid Modernization

Key Market Restraints:

  • High Initial Investment

Key Opportunities:

  • Advancements in Artificial Intelligence and Machine Learning

Companies Covered in the Report:

  • General Electric Company, Oracle Corporation, Cisco Systems Inc., and Electronics Corporation, Schneider Electric SE, and Other Major Players.

LIST OF TABLES

TABLE 001. EXECUTIVE SUMMARY
TABLE 002. DIGITAL POWER UTILITY MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. DIGITAL POWER UTILITY MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. DIGITAL POWER UTILITY MARKET COMPETITIVE RIVALRY
TABLE 005. DIGITAL POWER UTILITY MARKET THREAT OF NEW ENTRANTS
TABLE 006. DIGITAL POWER UTILITY MARKET THREAT OF SUBSTITUTES
TABLE 007. DIGITAL POWER UTILITY MARKET BY TECHNOLOGY
TABLE 008. HARDWARE MARKET OVERVIEW (2016-2028)
TABLE 009. INTEGRATED SOLUTIONS MARKET OVERVIEW (2016-2028)
TABLE 010. DIGITAL POWER UTILITY MARKET BY SECTOR
TABLE 011. POWER GENERATION MARKET OVERVIEW (2016-2028)
TABLE 012. TRANSMISSION & DISTRIBUTION MARKET OVERVIEW (2016-2028)
TABLE 013. POWER CONSUMPTION MARKET OVERVIEW (2016-2028)
TABLE 014. ENERGY STORAGE MARKET OVERVIEW (2016-2028)
TABLE 015. ENERGY TRADING MARKET OVERVIEW (2016-2028)
TABLE 016. NORTH AMERICA DIGITAL POWER UTILITY MARKET, BY TECHNOLOGY (2016-2028)
TABLE 017. NORTH AMERICA DIGITAL POWER UTILITY MARKET, BY SECTOR (2016-2028)
TABLE 018. N DIGITAL POWER UTILITY MARKET, BY COUNTRY (2016-2028)
TABLE 019. EUROPE DIGITAL POWER UTILITY MARKET, BY TECHNOLOGY (2016-2028)
TABLE 020. EUROPE DIGITAL POWER UTILITY MARKET, BY SECTOR (2016-2028)
TABLE 021. DIGITAL POWER UTILITY MARKET, BY COUNTRY (2016-2028)
TABLE 022. ASIA PACIFIC DIGITAL POWER UTILITY MARKET, BY TECHNOLOGY (2016-2028)
TABLE 023. ASIA PACIFIC DIGITAL POWER UTILITY MARKET, BY SECTOR (2016-2028)
TABLE 024. DIGITAL POWER UTILITY MARKET, BY COUNTRY (2016-2028)
TABLE 025. MIDDLE EAST & AFRICA DIGITAL POWER UTILITY MARKET, BY TECHNOLOGY (2016-2028)
TABLE 026. MIDDLE EAST & AFRICA DIGITAL POWER UTILITY MARKET, BY SECTOR (2016-2028)
TABLE 027. DIGITAL POWER UTILITY MARKET, BY COUNTRY (2016-2028)
TABLE 028. SOUTH AMERICA DIGITAL POWER UTILITY MARKET, BY TECHNOLOGY (2016-2028)
TABLE 029. SOUTH AMERICA DIGITAL POWER UTILITY MARKET, BY SECTOR (2016-2028)
TABLE 030. DIGITAL POWER UTILITY MARKET, BY COUNTRY (2016-2028)
TABLE 031. ABB LTD.: SNAPSHOT
TABLE 032. ABB LTD.: BUSINESS PERFORMANCE
TABLE 033. ABB LTD.: PRODUCT PORTFOLIO
TABLE 034. ABB LTD.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 034. GENERAL ELECTRIC CO.: SNAPSHOT
TABLE 035. GENERAL ELECTRIC CO.: BUSINESS PERFORMANCE
TABLE 036. GENERAL ELECTRIC CO.: PRODUCT PORTFOLIO
TABLE 037. GENERAL ELECTRIC CO.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 037. INFOSYS LTD: SNAPSHOT
TABLE 038. INFOSYS LTD: BUSINESS PERFORMANCE
TABLE 039. INFOSYS LTD: PRODUCT PORTFOLIO
TABLE 040. INFOSYS LTD: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 040. SIEMENS AG: SNAPSHOT
TABLE 041. SIEMENS AG: BUSINESS PERFORMANCE
TABLE 042. SIEMENS AG: PRODUCT PORTFOLIO
TABLE 043. SIEMENS AG: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 043. ACCENTURE PLC.: SNAPSHOT
TABLE 044. ACCENTURE PLC.: BUSINESS PERFORMANCE
TABLE 045. ACCENTURE PLC.: PRODUCT PORTFOLIO
TABLE 046. ACCENTURE PLC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 046. COGNIZANT TECHNOLOGY SOLUTIONS: SNAPSHOT
TABLE 047. COGNIZANT TECHNOLOGY SOLUTIONS: BUSINESS PERFORMANCE
TABLE 048. COGNIZANT TECHNOLOGY SOLUTIONS: PRODUCT PORTFOLIO
TABLE 049. COGNIZANT TECHNOLOGY SOLUTIONS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 049. CAPGEMINI SE: SNAPSHOT
TABLE 050. CAPGEMINI SE: BUSINESS PERFORMANCE
TABLE 051. CAPGEMINI SE: PRODUCT PORTFOLIO
TABLE 052. CAPGEMINI SE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 052. SAP SE: SNAPSHOT
TABLE 053. SAP SE: BUSINESS PERFORMANCE
TABLE 054. SAP SE: PRODUCT PORTFOLIO
TABLE 055. SAP SE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 055. IBM: SNAPSHOT
TABLE 056. IBM: BUSINESS PERFORMANCE
TABLE 057. IBM: PRODUCT PORTFOLIO
TABLE 058. IBM: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 058. MICROSOFT CORPORATION: SNAPSHOT
TABLE 059. MICROSOFT CORPORATION: BUSINESS PERFORMANCE
TABLE 060. MICROSOFT CORPORATION: PRODUCT PORTFOLIO
TABLE 061. MICROSOFT CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 061. ORACLE CORPORATION: SNAPSHOT
TABLE 062. ORACLE CORPORATION: BUSINESS PERFORMANCE
TABLE 063. ORACLE CORPORATION: PRODUCT PORTFOLIO
TABLE 064. ORACLE CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 064. WIPRO LTD: SNAPSHOT
TABLE 065. WIPRO LTD: BUSINESS PERFORMANCE
TABLE 066. WIPRO LTD: PRODUCT PORTFOLIO
TABLE 067. WIPRO LTD: KEY STRATEGIC MOVES AND DEVELOPMENTS

LIST OF FIGURES

FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. DIGITAL POWER UTILITY MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. DIGITAL POWER UTILITY MARKET OVERVIEW BY TECHNOLOGY
FIGURE 012. HARDWARE MARKET OVERVIEW (2016-2028)
FIGURE 013. INTEGRATED SOLUTIONS MARKET OVERVIEW (2016-2028)
FIGURE 014. DIGITAL POWER UTILITY MARKET OVERVIEW BY SECTOR
FIGURE 015. POWER GENERATION MARKET OVERVIEW (2016-2028)
FIGURE 016. TRANSMISSION & DISTRIBUTION MARKET OVERVIEW (2016-2028)
FIGURE 017. POWER CONSUMPTION MARKET OVERVIEW (2016-2028)
FIGURE 018. ENERGY STORAGE MARKET OVERVIEW (2016-2028)
FIGURE 019. ENERGY TRADING MARKET OVERVIEW (2016-2028)
FIGURE 020. NORTH AMERICA DIGITAL POWER UTILITY MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 021. EUROPE DIGITAL POWER UTILITY MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 022. ASIA PACIFIC DIGITAL POWER UTILITY MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 023. MIDDLE EAST & AFRICA DIGITAL POWER UTILITY MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 024. SOUTH AMERICA DIGITAL POWER UTILITY MARKET OVERVIEW BY COUNTRY (2016-2028)

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Frequently Asked Questions :

What would be the forecast period in the Digital Power Utility Market research report?

The forecast period in the Digital Power Utility Market research report is 2023-2030.

Who are the key players in the Digital Power Utility Market?

General Electric Company, Oracle Corporation, Cisco Systems Inc., Microsoft Corporation, Siemens AG, SAP SE, Accenture plc, Capgemini SE, Schneider Electric SE, ABB Ltd., State Grid Corporation, China Southern Power Grid, China National Nuclear, Huawei Technologies, China Electronics Corporation, Nari Group, Holley Metering, XinAo Measurement and Control, Zhejiang Yongtailong Technology, Toshiba Corporation, Mitsubishi Electric Corporation, Panasonic Corporation, Fujitsu Limited, Yokogawa Electric Corporation and Other Major Players.

What are the segments of the Digital Power Utility Market?

The Digital Power Utility Market is segmented into Technology, Deployment, Sector, and region. By Technology, the market is categorized into Hardware and Integrated Solutions. By Deployment, the market is categorized into On-Premises and cloud-based. By Sector, the market is categorized into Power Generation, Transmission and distribution, Power Consumption, Energy Storage, and Energy Trading. By region, it is analyzed across North America (U.S.; Canada; Mexico), Eastern Europe (Bulgaria; The Czech Republic; Hungary; Poland; Romania; Rest of Eastern Europe), Western Europe (Germany; UK; France; Netherlands; Italy; Russia; Spain; Rest of Western Europe), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).

What is the Digital Power Utility Market?

Digital power utilities encompass the integration of advanced technologies, such as cloud computing and Internet of Things applications, into the operations of power generation, transmission, and distribution processes. This transformative approach enables utility companies to optimize their operations, enhance asset management, and improve overall efficiency.

How big is the Digital Power Utility Market?

Digital Power Utility Market Size Was Valued at USD 67.56 Billion in 2022, and is Projected to Reach USD 349.3 Billion by 2030, Growing at a CAGR of 22.8% From 2023-2030.