Advanced Distribution Management System

Advanced Distribution Management System

Global Advanced Distribution Management System Market to Reach $7.8 Billion by 2027

In the changed post COVID-19 business landscape, the global market for Advanced Distribution Management System estimated at US$2.2 Billion in the year 2020, is projected to reach a revised size of US$7.8 Billion by 2027, growing at a CAGR of 20.1% over the analysis period 2020-2027. Energy & Utilities, one of the segments analyzed in the report, is projected to record a 21.3% CAGR and reach US$3 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the IT & Telecom segment is readjusted to a revised 18.4% CAGR for the next 7-year period.

The U.S. Market is Estimated at $639.7 Million, While China is Forecast to Grow at 19.3% CAGR

The Advanced Distribution Management System market in the U.S. is estimated at US$639.7 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.3 Billion by the year 2027 trailing a CAGR of 19.3% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 18.2% and 17.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 14.7% CAGR.Defense & Government Segment to Record 16.8% CAGR

In the global Defense & Government segment, USA, Canada, Japan, China and Europe will drive the 16.8% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$304.5 Million in the year 2020 will reach a projected size of US$890 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets.

Select Competitors (Total 63 Featured) -

• ABB Group
• Accenture
• ALS Ltd.
• Eaton Corporation PLC
• GE Energy Management - Industrial Solutions
• Oracle Corporation
• Schneider Electric SA
• Schweitzer Engineering Laboratories
• Siemens Energy
• Silver Spring Networks, Inc.

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