Report cover image

Power Network Digital Assurance Market Forecasts to 2032 – Global Analysis By Solution Type (Network Monitoring Platforms, Grid Validation Solutions, Anomaly Detection Systems and Compliance Assurance Tools), Component, Network Type, Technology, Applicati

Published Jan 21, 2026
Length 200 Pages
SKU # SMR20771973

Description

According to Stratistics MRC, the Global Power Network Digital Assurance Market is accounted for $5.7 billion in 2025 and is expected to reach $12.9 billion by 2032 growing at a CAGR of 12.3% during the forecast period. Power Network Digital Assurance encompasses the methodologies and technologies that safeguard the reliability, security, and performance of digital systems within modern power grids. It integrates cybersecurity protocols, software validation, data integrity checks, and compliance frameworks to protect against failures and cyber threats. By supporting smart meters, IoT devices, and automated controls, digital assurance ensures seamless operation of increasingly complex energy networks. It enables utilities to maintain trust, resilience, and efficiency while integrating renewable energy sources, distributed generation, and advanced grid automation technologies into critical infrastructure.

Market Dynamics:

Driver:

Rising need for network reliability

The rising need for network reliability significantly accelerated adoption of power network digital assurance solutions. Increasing electrification, distributed energy integration, and rising power demand placed greater stress on grid infrastructure. Utilities prioritized continuous visibility, fault detection, and performance assurance to maintain uninterrupted power delivery. Digital assurance platforms enabled proactive monitoring and rapid issue resolution, reducing downtime risks. As reliability became a core performance metric for modern power networks, demand for advanced assurance solutions strengthened steadily.

Restraint:

Integration complexity with legacy infrastructure

Integration complexity with legacy power infrastructure influenced implementation strategies across utilities. Older grid architectures required careful alignment with modern digital assurance platforms to ensure seamless data flow and operational continuity. This complexity encouraged phased deployment approaches and modular solution designs. Vendors increasingly offered interoperable and scalable architectures, enabling gradual modernization. Over time, these integration initiatives supported broader adoption, allowing utilities to enhance network visibility while preserving existing infrastructure investments.

Opportunity:

Digital twin adoption in power networks

Digital twin adoption created substantial growth opportunities within the power network digital assurance market. Virtual replicas of power networks enabled real-time performance simulation, predictive maintenance, and scenario-based planning. Utilities leveraged digital twins to anticipate failures, optimize asset utilization, and improve decision-making accuracy. Integration with advanced analytics and AI further enhanced predictive capabilities. As power networks grew more complex, digital twins emerged as a critical tool for comprehensive network assurance and optimization.

Threat:

Escalating cyberattack sophistication levels

Escalating cyberattack sophistication reinforced the importance of robust digital assurance solutions in power networks. As grids became more digitized, utilities prioritized continuous security monitoring and anomaly detection. Advanced assurance platforms integrated cybersecurity intelligence with network performance data to enhance situational awareness. Rather than constraining growth, evolving cyber threats accelerated investment in resilient digital assurance systems, positioning them as essential components of secure and reliable power infrastructure.

Covid-19 Impact:

The COVID-19 pandemic highlighted the importance of remote monitoring and digital oversight of power networks. Workforce constraints and operational disruptions increased reliance on automated assurance platforms. Utilities accelerated digital transformation initiatives to ensure service continuity and grid resilience. Post-pandemic strategies emphasized enhanced visibility, predictive maintenance, and secure remote operations, reinforcing sustained demand for power network digital assurance solutions across global markets.

The network monitoring platforms segment is expected to be the largest during the forecast period

The network monitoring platforms segment is expected to account for the largest market share during the forecast period, driven by its foundational role in ensuring grid performance and reliability. These platforms provided real-time visibility into network conditions, enabling rapid fault detection and performance optimization. Widespread deployment across transmission and distribution networks reinforced their critical importance. Strong demand for continuous monitoring capabilities supported the segment’s leading market share.

The software platforms segment is expected to have the highest CAGR during the forecast period

Over the forecast period, the software platforms segment is predicted to witness the highest growth rate, propelled by the shift toward software-defined grid management. Advanced software solutions enabled analytics-driven assurance, automated reporting, and seamless integration with digital twins. Utilities increasingly favored flexible, upgradeable software platforms over hardware-intensive solutions. This transition accelerated adoption and positioned software platforms as the fastest-growing segment within the market.

Region with largest share:

During the forecast period, the Asia Pacific region is expected to hold the largest market share, attributed to rapid grid expansion, urbanization, and large-scale power infrastructure investments. Countries such as China and India emphasized digital grid modernization to support growing electricity demand. Government-backed smart grid initiatives and technology adoption further strengthened regional leadership in the power network digital assurance market.

Region with highest CAGR:

Over the forecast period, the North America region is anticipated to exhibit the highest CAGR associated with advanced grid digitalization, strong regulatory focus on reliability, and heightened cybersecurity awareness. Utilities across the region invested heavily in digital assurance platforms to enhance resilience against outages and cyber risks. Innovation-driven ecosystems and advanced analytics adoption further accelerated market growth across North America.

Key players in the market

Some of the key players in Power Network Digital Assurance Market include Siemens Energy, ABB Ltd., Schneider Electric SE, GE Vernova, Hitachi Energy, Emerson Electric, Rockwell Automation, OSIsoft (AVEVA), Cisco Systems, Palo Alto Networks, Fortinet Inc., Honeywell International, IBM Corporation, Oracle Corporation, Tenable Inc., Nozomi Networks and Dragos Inc.

Key Developments:

In Jan 2026, Siemens Energy launched its next-generation digital assurance platform integrating AI-driven monitoring and predictive analytics, enabling real-time operational visibility and proactive maintenance across complex power networks.

In Dec 2025, ABB Ltd. unveiled its GridX Digital Assurance Suite, combining IoT-enabled sensors with advanced analytics to enhance cybersecurity, reliability, and predictive performance for distributed power systems.

In Nov 2025, Schneider Electric SE introduced its EcoStruxure Power Network Digital Twin solution, providing end-to-end monitoring and simulation capabilities to optimize energy management, asset performance, and operational resilience.

Solution Types Covered:
• Network Monitoring Platforms
• Grid Validation Solutions
• Anomaly Detection Systems
• Compliance Assurance Tools

Components Covered:
• Software Platforms
• Sensors & Monitoring Devices
• Data Management Systems
• Communication Infrastructure

Network Types Covered:
• Smart Grids
• Microgrids
• Traditional Grids
• Virtual Power Plants

Technologies Covered:
• Digital Twin Technology
• AI-Based Analytics
• Cloud-Based Assurance Platforms
• Cyber-Physical Security Systems

Applications Covered:
• Transmission Networks
• Distribution Networks
• Renewable Energy Integration
• Substation Automation

End Users Covered:
• Utilities
• Grid Operators
• Energy Service Providers
• Industrial Power Consumers

Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2024, 2025, 2026, 2028, and 2032
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Table of Contents

200 Pages
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Technology Analysis
3.7 Application Analysis
3.8 End User Analysis
3.9 Emerging Markets
3.10 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Power Network Digital Assurance Market, By Solution Type
5.1 Introduction
5.2 Network Monitoring Platforms
5.3 Grid Validation Solutions
5.4 Anomaly Detection Systems
5.5 Compliance Assurance Tools
6 Global Power Network Digital Assurance Market, By Component
6.1 Introduction
6.2 Software Platforms
6.3 Sensors & Monitoring Devices
6.4 Data Management Systems
6.5 Communication Infrastructure
7 Global Power Network Digital Assurance Market, By Network Type
7.1 Introduction
7.2 Smart Grids
7.3 Microgrids
7.4 Traditional Grids
7.5 Virtual Power Plants
8 Global Power Network Digital Assurance Market, By Technology
8.1 Introduction
8.2 Digital Twin Technology
8.3 AI-Based Analytics
8.4 Cloud-Based Assurance Platforms
8.5 Cyber-Physical Security Systems
9 Global Power Network Digital Assurance Market, By Application
9.1 Introduction
9.2 Transmission Networks
9.3 Distribution Networks
9.4 Renewable Energy Integration
9.5 Substation Automation
10 Global Power Network Digital Assurance Market, By End User
10.1 Introduction
10.2 Utilities
10.3 Grid Operators
10.4 Energy Service Providers
10.5 Industrial Power Consumers
11 Global Power Network Digital Assurance Market, By Geography
11.1 Introduction
11.2 North America
11.2.1 US
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 Italy
11.3.4 France
11.3.5 Spain
11.3.6 Rest of Europe
11.4 Asia Pacific
11.4.1 Japan
11.4.2 China
11.4.3 India
11.4.4 Australia
11.4.5 New Zealand
11.4.6 South Korea
11.4.7 Rest of Asia Pacific
11.5 South America
11.5.1 Argentina
11.5.2 Brazil
11.5.3 Chile
11.5.4 Rest of South America
11.6 Middle East & Africa
11.6.1 Saudi Arabia
11.6.2 UAE
11.6.3 Qatar
11.6.4 South Africa
11.6.5 Rest of Middle East & Africa
12 Key Developments
12.1 Agreements, Partnerships, Collaborations and Joint Ventures
12.2 Acquisitions & Mergers
12.3 New Product Launch
12.4 Expansions
12.5 Other Key Strategies
13 Company Profiling
13.1 Siemens Energy
13.2 ABB Ltd.
13.3 Schneider Electric SE
13.4 GE Vernova
13.5 Hitachi Energy
13.6 Emerson Electric
13.7 Rockwell Automation
13.8 OSIsoft (AVEVA)
13.9 Cisco Systems
13.10 Palo Alto Networks
13.11 Fortinet Inc.
13.12 Honeywell International
13.13 IBM Corporation
13.14 Oracle Corporation
13.15 Tenable Inc.
13.16 Nozomi Networks
13.17 Dragos Inc.
List of Tables
Table 1 Global Power Network Digital Assurance Market Outlook, By Region (2024-2032) ($MN)
Table 2 Global Power Network Digital Assurance Market Outlook, By Solution Type (2024-2032) ($MN)
Table 3 Global Power Network Digital Assurance Market Outlook, By Network Monitoring Platforms (2024-2032) ($MN)
Table 4 Global Power Network Digital Assurance Market Outlook, By Grid Validation Solutions (2024-2032) ($MN)
Table 5 Global Power Network Digital Assurance Market Outlook, By Anomaly Detection Systems (2024-2032) ($MN)
Table 6 Global Power Network Digital Assurance Market Outlook, By Compliance Assurance Tools (2024-2032) ($MN)
Table 7 Global Power Network Digital Assurance Market Outlook, By Component (2024-2032) ($MN)
Table 8 Global Power Network Digital Assurance Market Outlook, By Software Platforms (2024-2032) ($MN)
Table 9 Global Power Network Digital Assurance Market Outlook, By Sensors & Monitoring Devices (2024-2032) ($MN)
Table 10 Global Power Network Digital Assurance Market Outlook, By Data Management Systems (2024-2032) ($MN)
Table 11 Global Power Network Digital Assurance Market Outlook, By Communication Infrastructure (2024-2032) ($MN)
Table 12 Global Power Network Digital Assurance Market Outlook, By Network Type (2024-2032) ($MN)
Table 13 Global Power Network Digital Assurance Market Outlook, By Smart Grids (2024-2032) ($MN)
Table 14 Global Power Network Digital Assurance Market Outlook, By Microgrids (2024-2032) ($MN)
Table 15 Global Power Network Digital Assurance Market Outlook, By Traditional Grids (2024-2032) ($MN)
Table 16 Global Power Network Digital Assurance Market Outlook, By Virtual Power Plants (2024-2032) ($MN)
Table 17 Global Power Network Digital Assurance Market Outlook, By Technology (2024-2032) ($MN)
Table 18 Global Power Network Digital Assurance Market Outlook, By Digital Twin Technology (2024-2032) ($MN)
Table 19 Global Power Network Digital Assurance Market Outlook, By AI-Based Analytics (2024-2032) ($MN)
Table 20 Global Power Network Digital Assurance Market Outlook, By Cloud-Based Assurance Platforms (2024-2032) ($MN)
Table 21 Global Power Network Digital Assurance Market Outlook, By Cyber-Physical Security Systems (2024-2032) ($MN)
Table 22 Global Power Network Digital Assurance Market Outlook, By Application (2024-2032) ($MN)
Table 23 Global Power Network Digital Assurance Market Outlook, By Transmission Networks (2024-2032) ($MN)
Table 24 Global Power Network Digital Assurance Market Outlook, By Distribution Networks (2024-2032) ($MN)
Table 25 Global Power Network Digital Assurance Market Outlook, By Renewable Energy Integration (2024-2032) ($MN)
Table 26 Global Power Network Digital Assurance Market Outlook, By Substation Automation (2024-2032) ($MN)
Table 27 Global Power Network Digital Assurance Market Outlook, By End User (2024-2032) ($MN)
Table 28 Global Power Network Digital Assurance Market Outlook, By Utilities (2024-2032) ($MN)
Table 29 Global Power Network Digital Assurance Market Outlook, By Grid Operators (2024-2032) ($MN)
Table 30 Global Power Network Digital Assurance Market Outlook, By Energy Service Providers (2024-2032) ($MN)
Table 31 Global Power Network Digital Assurance Market Outlook, By Industrial Power Consumers (2024-2032) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
How Do Licenses Work?
Request A Sample
Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.