Global Digital Utility Market Size study&Forecast, by Technology (Hardware, Integrated Solutions) by Network (Generation, Transmission & Distribution, Retail) and Regional Analysis, 2022-2029

Description

List of Tables

Global Digital Utility Market is valued at approximately USD 192.5 billion in 2021and is anticipated to grow with a healthy growth rate of more than 11.6% over the forecast period 2022-2029.Digital Utility is the adoption of digital ways ofworking for the digital transformation of industries. It is the combination of real-world and project-tested services or software designed with high configuration. The digitalutility includes several digital devices used in power generation, transmission, and distribution industries to improve efficiency and productivity. Additionally, the growing number of renewable power generation projects to protect the environment and the rising penetration of digital technologies globally aredriving the market of Digital Utility.

Digital utilities allow power generation plants and projects to help reduce the emission of greenhouse gases and manage operation sefficiently. According to Statista, the market share of renewable energy generation globally has doubled in 2021 at 28%. India is the fourth-leading nation in renewable power capacity. India is also planning to increase its renewable energy capacity to 500 GW by 2030. The rising penetration of digital technologies due to emerging digital transformation is also fueling the demand for digital utilities solutions. The worldwide spending on digitalization is projected to reach USD 3.4 trillion by 2026, a 20% increase was also seen in 2021. Moreover, digital utilities reduce the emission of greenhouse gases preventing the environment from harmful effects and continuous advancements in utility solution is boosting the market demand. However, the high initial cost of Digital Utilitiesstifles market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Digital Utility Marketstudy includesAsia Pacific, North America, Europe, Latin America, and Rest of the World.North America dominated the market with the increasing number of renewable power generation plants to cater for the need of the growing population. Increasing digitalization triggers the market growth of digital utilitysolutions. Increasing investments in electric infrastructure and the number of power plants aresurging the market demand. Asia-Pacific is expected to be the fastest-growing region due to growing energy needs.Rising environmental concerns due to high emissionsof greenhouse gases arealso surging the demand fordigital utilitysolutions.Growing infrastructural development and the energy needs of individuals increase the market demand.

Major market players included in this report are:

Microsoft Corporation
Oracle Corporation
ABB Ltd.
Capgemini SE
General Electric Company
The International Business Machines Corporation IBM Corporation
Siemens AG
Infosys Ltd.
Singapore Power Limited
Wipro Ltd.

Recent Developments in the Market:

In September 2021, Microsoft Corporation and Infosys Ltd. came into a multi-year strategic engagement with Ausgrid to accelerate cloud transformation to improve the reliability of networks.
In March 2021, ABB achieves 5GW Milestone for providing solar plant automation solution in India based on Programmable Logic Controller (PLC).

Global Digital Utility Market Report Scope:

Historical Data 2019-2020-2021

Base Year for Estimation 2021

Forecast period 2022-2029

Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends

Segments Covered Technology, Network, Region

Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World

Customization Scope Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporatespotential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Technology offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Technology:

Hardware
Integrated Solutions

By Network:

Generation
Transmission & Distribution
Retail

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
- 1.2.1. Digital Utility Market, by Region, 2019-2029 (USD Billion)
- 1.2.2. Digital Utility Market, by Technology,2019-2029 (USD Billion)
- 1.2.3. Digital Utility Market, by Network, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Digital Utility Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Digital Utility Market Dynamics

3.1. Digital Utility Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
  - 3.1.1.1. Growing number of renewable power generation projects
  - 3.1.1.2. Rising penetration of digital technologies
- 3.1.2. Market Challenges
  - 3.1.2.1. High Initial Cost of Digital Utility
- 3.1.3. Market Opportunities
  - 3.1.3.1. Advancements in Formulation
  - 3.1.3.2. Reduces emission of greenhouse gases

Chapter 4. Global Digital Utility MarketIndustry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
4.4. Investment Adoption Model
4.5. Analyst Recommendation & Conclusion
4.6. Top investment opportunity
4.7. Top winning strategies

Chapter 5. Risk Assessment: COVID-19 Impact

5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Digital Utility Market, by Technology

6.1. Market Snapshot
6.2. Global Digital Utility Market by Technology, Performance - Potential Analysis
6.3. Global Digital Utility Market Estimates & Forecasts by Technology 2019-2029 (USD Billion)
6.4. Digital Utility Market, Sub Segment Analysis
- 6.4.1. Hardware
- 6.4.2. Integrated Solutions

Chapter 7. Global Digital Utility Market, by Network

7.1. Market Snapshot
7.2. Global Digital Utility Market by Network, Performance - Potential Analysis
7.3. Global Digital Utility Market Estimates & Forecasts by Network 2019-2029 (USD Billion)
7.4. Digital Utility Market, Sub Segment Analysis
- 7.4.1. Generation
- 7.4.2. Transmission & Distribution
- 7.4.3. Retail

Chapter 8. Global Digital Utility Market, Regional Analysis

8.1. Digital Utility Market, Regional Market Snapshot
8.2. North America Digital Utility Market
- 8.2.1. U.S.Digital Utility Market
  - 8.2.1.1. Technologybreakdown estimates & forecasts, 2019-2029
  - 8.2.1.2. Network breakdown estimates & forecasts, 2019-2029
- 8.2.2. CanadaDigital Utility Market
8.3. Europe Digital Utility Market Snapshot
- 8.3.1. U.K. Digital Utility Market
- 8.3.2. Germany Digital Utility Market
- 8.3.3. France Digital Utility Market
- 8.3.4. Spain Digital Utility Market
- 8.3.5. Italy Digital Utility Market
- 8.3.6. Rest of EuropeDigital Utility Market
8.4. Asia-PacificDigital Utility Market Snapshot
- 8.4.1. China Digital Utility Market
- 8.4.2. India Digital Utility Market
- 8.4.3. JapanDigital Utility Market
- 8.4.4. Australia Digital Utility Market
- 8.4.5. South Korea Digital Utility Market
- 8.4.6. Rest of Asia PacificDigital Utility Market
8.5. Latin America Digital Utility Market Snapshot
- 8.5.1. Brazil Digital Utility Market
- 8.5.2. MexicoDigital Utility Market
8.6. Rest of The World Digital Utility Market

Chapter 9. Competitive Intelligence

9.1. Top Market Strategies
9.2. Company Profiles
- 9.2.1. Microsoft Corporation
  - 9.2.1.1. Key Information
  - 9.2.1.2. Overview
  - 9.2.1.3. Financial (Subject to Data Availability)
  - 9.2.1.4. ProductSummary
  - 9.2.1.5. Recent Developments
- 9.2.2. Oracle Corporation
- 9.2.3. ABB Ltd.
- 9.2.4. Capgemini SE
- 9.2.5. General Electric Company
- 9.2.6. The International Business Machines Corporation (IBM) Corporation
- 9.2.7. Siemens AG
- 9.2.8. Infosys Ltd.
- 9.2.9. Singapore Power Limited
- 9.2.10. Wipro Ltd.

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Digital Utility Market, report scope
TABLE 2. Global Digital Utility Market estimates & forecasts by Region 2019-2029 (USD Billion)
TABLE 3. Global Digital Utility Market estimates & forecasts byTechnology 2019-2029 (USD Billion)
TABLE 4. Global Digital Utility Market estimates & forecasts by Network 2019-2029 (USD Billion)
TABLE 5. Global Digital Utility Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 6. Global Digital Utility Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 7. Global Digital Utility Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 8. Global Digital Utility Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 9. Global Digital Utility Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 10. Global Digital Utility Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 11. Global Digital Utility Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 12. Global Digital Utility Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 13. Global Digital Utility Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 14. Global Digital Utility Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 15. U.S. Digital Utility Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 16. U.S. Digital Utility Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 17. U.S. Digital Utility Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 18. Canada Digital Utility Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 19. Canada Digital Utility Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 20. Canada Digital Utility Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 21. UK Digital Utility Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 22. UK Digital Utility Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 23. UK Digital Utility Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 24. Germany Digital Utility Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 25. Germany Digital Utility Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 26. Germany Digital Utility Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 27. France Digital Utility Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 28. FranceDigital Utility Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 29. FranceDigital Utility Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 30. ItalyDigital Utility Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 31. ItalyDigital Utility Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 32. ItalyDigital Utility Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 33. SpainDigital Utility Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 34. SpainDigital Utility Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 35. SpainDigital Utility Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 36. RoEDigital Utility Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 37. RoEDigital Utility Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 38. RoEDigital Utility Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 39. China Digital Utility Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 40. China Digital Utility Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 41. China Digital Utility Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 42. India Digital Utility Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 43. India Digital Utility Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 44. India Digital Utility Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 45. Japan Digital Utility Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 46. Japan Digital Utility Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 47. Japan Digital Utility Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 48. South Korea Digital Utility Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 49. South Korea Digital Utility Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 50. South Korea Digital Utility Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 51. Australia Digital Utility Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 52. Australia Digital Utility Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 53. Australia Digital Utility Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 54. RoAPACDigital Utility Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 55. RoAPACDigital Utility Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 56. RoAPACDigital Utility Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 57. Brazil Digital Utility Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 58. Brazil Digital Utility Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 59. Brazil Digital Utility Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 60. Mexico Digital Utility Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 61. Mexico Digital Utility Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 62. Mexico Digital Utility Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 63. RoLADigital Utility Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 64. RoLADigital Utility Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 65. RoLADigital Utility Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 66. Row Digital Utility Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 67. Row Digital Utility Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 68. Row Digital Utility Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 69. List of secondary sources, used in the study of global Digital Utility Market
TABLE 70. List of primary sources, used in the study of global Digital Utility Market
TABLE 71. Years considered for the study
TABLE 72. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

List of figures

FIG 1. Global Digital Utility Market, research methodology
FIG 2. Global Digital Utility Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Digital Utility Market, key trends 2021
FIG 5. Global Digital Utility Market, growth prospects 2022-2029
FIG 6. Global Digital Utility Market, porters 5 force model
FIG 7. Global Digital Utility Market, pest analysis
FIG 8. Global Digital Utility Market, value chain analysis
FIG 9. Global Digital Utility Market by segment, 2019 & 2029 (USD Billion)
FIG 10. Global Digital Utility Market by segment, 2019 & 2029 (USD Billion)
FIG 11. Global Digital Utility Market by segment, 2019 & 2029 (USD Billion)
FIG 12. Global Digital Utility Market by segment, 2019 & 2029 (USD Billion)
FIG 13. Global Digital Utility Market by segment, 2019 & 2029 (USD Billion)
FIG 14. Global Digital Utility Market, regional snapshot 2019 & 2029
FIG 15. North America Digital Utility Market2019 & 2029 (USD Billion)
FIG 16. Europe Digital Utility Market2019 & 2029 (USD Billion)
FIG 17. Asia pacific Digital Utility Market2019 & 2029 (USD Billion)
FIG 18. Latin America Digital Utility Market2019 & 2029 (USD Billion)
FIG 19. Global Digital Utility Market, company Market share analysis (2021)