Digital Utility Market by Network, Technology, and Region- Global Forecast to 2022 - PowerPoint PPT Presentation

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Digital Utility Market by Network, Technology, and Region- Global Forecast to 2022

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The global digital utility market was valued at USD 121.54 Billion in 2016 and is expected to grow at a CAGR of 12.57%, from 2017 to 2022. An increase in the number of distributed and renewable power generation projects, energy efficiency mandates demanding carbon emission reduction, and strict regulatory requirements for electric utilities are the major drivers that would trigger growth in the digital utility market. – PowerPoint PPT presentation

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Title: Digital Utility Market by Network, Technology, and Region- Global Forecast to 2022


1
Digital Utility Market by Network, Technology,
and Region - Global Forecast to 2022
www.MarketsandMarkets.com
2
The transmission and distribution segment is
expected to hold the largest share of the digital
utility market, by network, during the forecast
period. The transmission and distribution
subsegment of the network segment led the digital
utility market in 2016 and is projected to
dominate the market during the forecast period.
However, the retail segment is expected to grow
at the fastest rate during the forecast period.
The growth of the transmission and distribution
segment is primarily driven by aging
infrastructure in the power utilities industry.
New digital devices and communications and
control systems improve the efficiency of assets
and increase the ability of operators to monitor
and manage electric transmission and distribution
systems. PDF Brochure https//www.marketsandm
arkets.com/pdfdownload.asp?id230978516

3
The hardware subsegment is expected to hold the
largest share of the digital utility market, by
technology, during the forecast period. The
hardware subsegment of the technology segment led
the digital utility market in 2016 and is
projected to dominate the market during the
forecast period. However, the integrated
solutions segment is expected to grow at the
fastest rate during the forecast period. The
hardware segment includes all the tangible
aspects of the digital utility market. It covers
equipment, from smart meters to smart
transformers and all the products of a digital
substation. It also encompasses all the
components that make conventional equipment
smart, such as sensors, smart thermostats, and
programmable logic controllers, among others.
Request for Customization https//www.marketsa
ndmarkets.com/requestCustomization.asp?id23097851
6
4
Browse gtgt 63 market data
tables 35 figures
144 pages and in-depth TOC on Digital
Utility Market by Network, Technology, and Region
- Global Forecast to 2022 Early buyers will
receive 10 customization on this report. This
is a Premium Report Priced at US 5650 for single
user. Corporate User US8150 This study
answers several questions for the stakeholders,
primarily which market segments to focus on in
the next two to five years to prioritize efforts
and investments.
5
North America The leading market for digital
utility In this report, the digital utility
market has been analyzed with respect to six
regions, namely, North America, South America,
Asia-Pacific, Europe, Middle-East, and Africa.
The market in North America led the global
digital utility market in 2016.The utilities in
North America have been undergoing a digital
transformation for the past several years.
Utility providers in the region are focused on
the upgradation of power infrastructure through
digital technologies such as smart meters and
smart grids, among others. The U.S. government
launched the Smart Grid Investment Grant (SGIG)
program for smart grid development. There was an
investment of USD 118.5 billion, in 2016, in
smart cities in the region this is expected to
increase to USD 244.5 billion by 2021. Request
Sample _at_ https//www.marketsandmarkets.com/request
sample.asp?id230978516
6
  • Target Audience
  • The target audience of this report includes
  • Electric utilities
  • Distributed energy resource (DER) companies
  • Electrical infrastructure providers
  • IT vendors
  • Transmission and distribution systems operators
  • Systems integrators
  • Government agencies
  • Investors and financial community professionals
  • Speak to analyst _at_ https//www.marketsandmarkets.c
    om/speaktoanalyst.asp?id230978516

7
  • Key players -
  • To provide an in-depth understanding of the
    competitive landscape, the report includes
    profiles of some of the leading players in the
    Digital Utility Market , namely
  • Accenture plc (Ireland),
  • Cap Gemini S.A. (France),
  • General Electric Company (U.S.),
  • Siemens AG (Germany),
  • SAP SE (Germany),
  • International Business Machines Corporation
    (U.S.).
  • Buy Now -
  • https//www.marketsandmarkets.com/Purchase/purchas
    e_report1.asp?id230978516

8
ContactMr. Shelly SinghMarketsandMarkets
INC.630 Dundee Road Suite 430 Northbrook, IL
60062 USA 1-888-600-6441 UK
44-800-368-9399Email sales_at_marketsandmarkets.com
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