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Digital Utility Market Growth, Size, Trends Analysis- By Technology, By Network - Regional Outlook, Competitive Strategies and Segment Forecast to 2034

Publisher SPER Market Research Pvt. Ltd.
Published Jul 28, 2025
Length 237 Pages
SKU # SPER20400329

Description

Digital Utility Market Introduction and Overview

According to SPER market research, ‘Global Digital Utility Market Size- By Technology, By Network – Regional Outlook, Competitive Strategies and Segment Forecast to 2034’ state that the Global Digital Utility Market is predicted to reach 586.46 Billion by 2034 with a CAGR 10.26%.

Digital utility involves incorporating advanced digital technologies into traditional utility services such as electricity, water, and gas. Utilizing tools like IoT, artificial intelligence, big data analytics, cloud computing, and smart grids, digital utilities improve operational efficiency, reliability, and sustainability. These technologies allow for real-time monitoring, predictive maintenance, automation, and better customer interaction.

Restraints: Despite rapid growth, the digital utility market faces several challenges. High upfront costs for new technologies and infrastructure upgrades can be a significant obstacle, particularly for smaller utilities and those in developing areas. Integrating modern digital systems with existing legacy infrastructure is often complex and time-intensive. Increased connectivity also raises cybersecurity risks, making utilities vulnerable to cyberattacks.

Scope of the report:

Report Metric Details
Market size available for years 2021-2034
Base year considered 2024
Forecast period 2025-2034

Segments covered

By Technology, By Network

Regions covered

North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa

Companies Covered

ABB, Accenture, Cisco Systems, Honeywell International, International Business Machines Corporation (IBM), Microsoft, Oracle, SAP SE, Schneider Electric, and Siemens.

Global Digital Utility Market Segmentation:

By Technology:

Based on the Technology, Global Digital Utility Market is segmented as; Hardware, Integrated Solutions

By Network:

Based on the Network, Global Digital Utility Market is segmented as; Generation, Transmission & Distribution, Retail.

By Region:

This research also includes data for North America, Latin America, Asia-Pacific, Europe and Middle East & Africa.

Table of Contents

237 Pages
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPERs internal database
2.1.4. Premium insight from KOLs
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTERs Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Digital Utility Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Digital Utility Market
7. Global Digital Utility Market, By Technology, (USD Million) 2021-2034
7.1. Hardware
7.2. Integrated Solutions
8. Global Digital Utility Market, By Network, (USD Million) 2021-2034
8.1. Generation
8.2. Transmission & Distribution
8.3. Retail
9. Global Digital Utility Market, (USD Million) 2021-2034
9.1. Global Digital Utility Market Size and Market Share
10. Global Digital Utility Market, By Region, 2021-2034 (USD Million)
10.1. Asia-Pacific
10.1.1. Australia
10.1.2. China
10.1.3. India
10.1.4. Japan
10.1.5. South Korea
10.1.6. Rest of Asia-Pacific
10.2. Europe
10.2.1. France
10.2.2. Germany
10.2.3. Italy
10.2.4. Spain
10.2.5. United Kingdom
10.2.6. Rest of Europe
10.3. Middle East and Africa
10.3.1. Kingdom of Saudi Arabia
10.3.2. United Arab Emirates
10.3.3. Qatar
10.3.4. South Africa
10.3.5. Egypt
10.3.6. Morocco
10.3.7. Nigeria
10.3.8. Rest of Middle-East and Africa
10.4. North America
10.4.1. Canada
10.4.2. Mexico
10.4.3. United States
10.5. Latin America
10.5.1. Argentina
10.5.2. Brazil
10.5.3. Rest of Latin America
11. Company Profile
11.1. ABB
11.1.1. Company details
11.1.2. Financial outlook
11.1.3. Product summary
11.1.4. Recent developments
11.2. Accenture
11.2.1. Company details
11.2.2. Financial outlook
11.2.3. Product summary
11.2.4. Recent developments
11.3. Cisco Systems, Inc.
11.3.1. Company details
11.3.2. Financial outlook
11.3.3. Product summary
11.3.4. Recent developments
11.4. Honeywell International Inc.
11.4.1. Company details
11.4.2. Financial outlook
11.4.3. Product summary
11.4.4. Recent developments
11.5. International Business Machines Corporation
11.5.1. Company details
11.5.2. Financial outlook
11.5.3. Product summary
11.5.4. Recent developments
11.6. Microsoft
11.6.1. Company details
11.6.2. Financial outlook
11.6.3. Product summary
11.6.4. Recent developments
11.7. Oracle
11.7.1. Company details
11.7.2. Financial outlook
11.7.3. Product summary
11.7.4. Recent developments
11.8. SAP SE
11.8.1. Company details
11.8.2. Financial outlook
11.8.3. Product summary
11.8.4. Recent developments
11.9. Schneider Electric
11.9.1. Company details
11.9.2. Financial outlook
11.9.3. Product summary
11.9.4. Recent developments
11.10. Siemens
11.10.1. Company details
11.10.2. Financial outlook
11.10.3. Product summary
11.10.4. Recent developments
11.11. Others
12. Conclusion
13. List of Abbreviations
14. Reference Links

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