Digital Utilities Market 2021-2027
New Study Reports "Digital Utilities Market 2021 Global Sizing and Growth, Dynamics, Competitive Landscape, SWOT Analysis and Forecasts 2027" has been Added on Market Research Future.
Market Overview
This report provides in depth study of “Digital Utilities Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Digital Utilities Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as profiling, the product outline, the quantity of production, required raw material, and the financial health of the organization.
The study objectives of Digital Utilities Market report are continuously involved in the research of the profile of key players that are established in recent times to keep the record updated. To keep the growth rate very smooth and stable, the research team carefully go through the manufacturing company’s strategy & planning of development and then analyze them for growth opportunity.
The professional study and research Digital Utilities Market report considers the growth that is estimated according to the market size every year.
The Global Digital Utilities Market is growing rapidly over ~12% of CAGR and is expected to reach at USD ~ 253 Billion by the end of forecast period.
The study reveals that Digital Utilities is trending in North America region. The Digital Utilities demand is growing very rapidly as it is providing platform solution for implementing energy efficiency, optimizing business process management and real time analytics that enhances the field services through integration of all IT services and others. The adoption of advanced digital technology in utility are widely used in U.S. The technology includes big data analytics, digital marketing, Internet of Things (IoT), artificial intelligence (AI), and others. This adoption has enabled digital transformation for numerous utilities.
In North America region, the socioeconomic pressures and technology innovations are driving the market of digital utilities. The digital utilities transformation is providing services such as digital utilities maturity assessment, customer & communities experience transformation, digital asset management, digital utilities enterprise architecture and others. In 2016, the U.S. government has launched the Smart Grid Investment Grant program for smart grid development.
The most utilities are mainly investing in digital assets management. These digital assets can optimize asset planning, asset information management, asset condition monitoring, program performance management, investment functions and others. For instance, Sigma R Squared, Inc. is offering UtiliManager software which can manage Utility Documentation and Asset Management needs via virtual and interactive web-based tools.
Key Players
The report has profiled some of the Important players prevalent in the global like – Accenture PLC (Ireland), Capgemini SA (France), International Business Machine Corporation (U.S.), Microsoft Corporation (U.S.), Cognizant Technology Solutions Corporation (U.S.), Cisco Systems Inc. (U.S.), Oracle Corporation (U.S.), SAP SE (Germany), Siemens AG (Germany), General Electric Company (U.S.), and ABB Ltd.(Switzerland) and more.
This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Digital Utilities.
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Global Digital Utilities Market Segmentation
The global digital utilities are bifurcated into component, deployment type, end-users, and region. The component includes hardware, software, services and other. The deployment type includes on premises, cloud, hybrid and others. The end-users includes residential, commercial, retail and others. The region includes North America, Europe, Asia Pacific and rest of the world.
Market Research Analysis:
On geographic basis, global Digital Utilities market is studied in different regions as Americas, Europe, Asia-Pacific and Rest of world. It has been observed that North America region is leading with largest market share growth in the Digital Utilities market due to the major companies such as Oracle Corporation, Cisco System Inc., Microsoft Corporation and others, are investing in the Digital Utilities transformation. In this market, Europe is to be estimated to be the second largest market share for Digital Utilities during the forecast period. As companies like SAP SE (Germany), Siemens AG (Germany) are focusing on the digital utilities transformation.
Key Stakeholders
Digital Utilities Market Manufacturers
Digital Utilities Market Distributors/Traders/Wholesalers
Digital Utilities Market Subcomponent Manufacturers
Industry Association
Downstream Vendors
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Complete Report Details@ https://www.marketresearchfuture.com/reports/digital-utility-market-4140
Important Key Points from Table of Content:
1 Executive Summary
2 Market Introduction
3 Research Methodology
4 Market Dynamics
5 Global Digital Utilities Market, By Component
6 Global Digital Utilities Market, by Technology
7 Global Digital Utilities Market, by Application
8 Global Digital Utilities Market, By Industry
9 Global Digital Utilities Market, By Region
10 Competitive Landscape
And more
Continued...
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