The market in North America is expected to lead the global digital utility market during the forecast period. (1)

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Digital Utility Market by Network (Generation,
Transmission and Distribution, and Retail),
Technology (Hardware and Integrated Solutions
(Cloud and Software, Services)), and Region
(North America, Europe, and Asia-Pacific) Global
Forecast to 2023
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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 PDF
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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. This would ultimately create new revenue
pockets for the digital utility market during the
forecast period. Request for Customization
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Browse gtgt 63 market data
tables 35 figures
144 pages and in-depth TOC on Digital
Utility Market - Global
Forecast to 2023 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.
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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. Hence, the
North American market presents a greater
opportunity for the digital utility
market. Request Sample _at_ https//www.marketsandm
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• The reports target audience 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
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• Key players -
• To enable an in-depth understanding of the
  competitive landscape, the report includes
  profiles of some of the top players in the
  Digital Utility Market . These players include
• Accenture plc (Ireland),
• Cap Gemini S.A. (France),
• General Electric Company (U.S.),
• SAP SE (Germany),
• International Business Machines Corporation
  (U.S.),
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