North America Digital Utility Market Size, Share & Trends Analysis Report By Technology, By Network (Generation, Transmission & Distribution, and Retail), By Country and Growth Forecast, 2023

List of Tables

The North America Digital Utility Market would witness market growth of 9.5% CAGR during the forecast period (2023-2030).

Integrating IoT devices and sensors is a prevailing trend in the digital utility market. These devices enable real-time monitoring of equipment, infrastructure, and environmental conditions. Smart grids, water systems, and energy asset sensors provide valuable decision-making and predictive maintenance data. Predictive analytics, powered by machine learning and AI algorithms, is growing for predictive maintenance. Utilities leverage historical data, sensor inputs, and weather forecasts to predict equipment failures, optimize maintenance schedules, and reduce downtime.

Blockchain technology is increasingly applied in the market to enable peer-to-peer energy trading. This decentralized approach allows consumers to buy and sell excess energy directly, enhancing energy democratization and providing a revenue stream for prosumers. Edge computing is gaining traction for its ability to process data closer to the source, reducing latency and enabling real-time decision-making. In the market, edge computing supports grid monitoring, fault detection, and edge analytics applications for efficient data processing. The rollout of 5G networks is revolutionizing communication in the market. With higher data transfer speeds and lower latency, 5G facilitates seamless communication between devices and systems, supporting applications like real-time grid monitoring, asset management, and edge computing.

Canadian utilities are investing in smart grid technologies to modernize the electricity grid. Canada has witnessed widespread deployment of smart meters, forming the foundation for advanced metering infrastructure. Utilities in Canada utilize sensor technologies for water quality monitoring and leak detection. As electric vehicle adoption increases, digital utilities in Canada are expanding EV charging infrastructure. Canadian utilities provide online customer portals and mobile apps for consumers to access real-time data, pay bills, and receive notifications. Canadian utilities prioritize cybersecurity measures to protect customer data and ensure the secure operation of digital systems. Hence, the factors mentioned above will drive the regional market growth.

The US market dominated the North America Digital Utility Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $86,740.5 million by 2030. The Canada market is showcasing a CAGR of 12% during (2023 - 2030). Additionally, The Mexico market would register a CAGR of 11% during (2023 - 2030).

Based on Technology, the market is segmented into Hardware, and Integrated Solutions. Based on Network, the market is segmented into Generation, Transmission & Distribution, and Retail. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled

Cognizant Technology Solutions Corporation
Accenture PLC
Capgemini SE
ABB Ltd.
General Electric Company
Siemens AG
Microsoft Corporation
Oracle Corporation
SAP SE
IBM Corporation

North America Digital Utility Market Report Segmentation

By Technology

Hardware
Integrated Solutions

By Network

Generation
Transmission & Distribution
Retail

By Country

US
Canada
Mexico
Rest of North America

Chapter 1.Market Scope & Methodology

1.1Market Definition
1.2Objectives
1.3Market Scope
1.4Segmentation
- 1.4.1North America Digital Utility Market, by Technology
- 1.4.2North America Digital Utility Market, by Network
- 1.4.3North America Digital Utility Market, by Country
1.5Methodology for the research

Chapter 2.Market at a Glance

2.1Key Highlights

Chapter 3.Market Overview

3.1Introduction
- 3.1.1Overview
  - 3.1.1.1Market Composition and Scenario
3.2Key Factors Impacting the Market
- 3.2.1Market Drivers
- 3.2.2Market Restraints
- 3.2.3Market Opportunities
- 3.2.4Market Challenges

Chapter 4.Competition Analysis - Global

4.1KBV Cardinal Matrix
4.2Recent Industry Wide Strategic Developments
- 4.2.1Partnerships, Collaborations and Agreements
- 4.2.2Product Launches and Product Expansions
- 4.2.3Acquisition and Mergers
4.3Top Winning Strategies
- 4.3.1Key Leading Strategies: Percentage Distribution (2019-2023)
- 4.3.2Key Strategic Move: (Partnerships, Collaborations & Agreements: 2021, Jan - 2023, Nov) Leading Players
4.4Porter's Five Forces Analysis

Chapter 5.North America Digital Utility Market, By Technology

5.1North America Hardware Market, By Country
5.2North America Integrated Solutions Market, By Country

Chapter 6.North America Digital Utility Market, By Network

6.1North America Generation Market, By Country
6.2North America Transmission & Distribution Market, By Country
6.3North America Retail Market, By Country

Chapter 7.North America Digital Utility Market, By Country

7.1US Digital Utility Market
- 7.1.1US Digital Utility Market, By Technology
- 7.1.2US Digital Utility Market, By Network
7.2Canada Digital Utility Market
- 7.2.1Canada Digital Utility Market, By Technology
- 7.2.2Canada Digital Utility Market, By Network
7.3Mexico Digital Utility Market
- 7.3.1Mexico Digital Utility Market, By Technology
- 7.3.2Mexico Digital Utility Market, By Network
7.4Rest of North America Digital Utility Market
- 7.4.1Rest of North America Digital Utility Market, By Technology
- 7.4.2Rest of North America Digital Utility Market, By Network

Chapter 8.Company Profiles

8.1Cognizant Technology Solutions Corporation
- 8.1.1Company overview
- 8.1.2Financial Analysis
- 8.1.3Segmental and Regional Analysis
- 8.1.4Recent strategies and developments:
  - 8.1.4.1Product Launches and Product Expansions:
  - 8.1.4.2Acquisition and Mergers:
- 8.1.5SWOT Analysis
8.2Accenture PLC
- 8.2.1Company Overview
- 8.2.2Financial Analysis
- 8.2.3Segmental Analysis
- 8.2.4Research & Development Expenses
- 8.2.5Recent strategies and developments:
  - 8.2.5.1Partnerships, Collaborations, and Agreements:
- 8.2.6SWOT Analysis
8.3Capgemini SE
- 8.3.1Company Overview
- 8.3.2Financial Analysis
- 8.3.3Regional Analysis
- 8.3.4Recent strategies and developments:
  - 8.3.4.1Partnerships, Collaborations, and Agreements:
  - 8.3.4.2Acquisition and Mergers:
- 8.3.5SWOT Analysis
8.4ABB Ltd.
- 8.4.1Company Overview
- 8.4.2Financial Analysis
- 8.4.3Segmental and Regional Analysis
- 8.4.4Research & Development Expense
- 8.4.5Recent strategies and developments:
  - 8.4.5.1Product Launches and Product Expansions:
  - 8.4.5.2Acquisition and Mergers:
- 8.4.6SWOT Analysis
8.5General Electric Company
- 8.5.1Company Overview
- 8.5.2Financial Analysis
- 8.5.3Segmental and Regional Analysis
- 8.5.4Research & Development Expense
- 8.5.5Recent strategies and developments:
  - 8.5.5.1Partnerships, Collaborations, and Agreements:
- 8.5.6SWOT Analysis
8.6Siemens AG
- 8.6.1Company Overview
- 8.6.2Financial Analysis
- 8.6.3Segmental and Regional Analysis
- 8.6.4Research & Development Expense
- 8.6.5Recent strategies and developments:
  - 8.6.5.1Partnerships, Collaborations, and Agreements:
  - 8.6.5.2Product Launches and Product Expansions:
- 8.6.6SWOT Analysis
8.7Microsoft Corporation
- 8.7.1Company Overview
- 8.7.2Financial Analysis
- 8.7.3Segmental and Regional Analysis
- 8.7.4Research & Development Expenses
- 8.7.5Recent strategies and developments:
  - 8.7.5.1Acquisition and Mergers:
- 8.7.6SWOT Analysis
8.8Oracle Corporation
- 8.8.1Company Overview
- 8.8.2Financial Analysis
- 8.8.3Segmental and Regional Analysis
- 8.8.4Research & Development Expense
- 8.8.5Recent strategies and developments:
  - 8.8.5.1Partnerships, Collaborations, and Agreements:
- 8.8.6SWOT Analysis
8.9SAP SE
- 8.9.1Company Overview
- 8.9.2Financial Analysis
- 8.9.3Segmental and Regional Analysis
- 8.9.4Research & Development Expense
- 8.9.5Recent strategies and developments:
  - 8.9.5.1Partnerships, Collaborations, and Agreements:
- 8.9.6SWOT Analysis
8.10.IBM Corporation
- 8.10.1Company Overview
- 8.10.2Financial Analysis
- 8.10.3Regional & Segmental Analysis
- 8.10.4Research & Development Expenses
- 8.10.5Recent strategies and developments:
  - 8.10.5.1Partnerships, Collaborations, and Agreements:
  - 8.10.5.2Acquisition and Mergers:
- 8.10.6SWOT Analysis

LIST OF TABLES

TABLE 1North America Digital Utility Market, 2019 - 2022, USD Million
TABLE 2North America Digital Utility Market, 2023 - 2030, USD Million
TABLE 3Partnerships, Collaborations and Agreements- Digital Utility Market
TABLE 4Product Launches And Product Expansions- Digital Utility Market
TABLE 5Acquisition and Mergers- Digital Utility Market
TABLE 6North America Digital Utility Market, By Technology, 2019 - 2022, USD Million
TABLE 7North America Digital Utility Market, By Technology, 2023 - 2030, USD Million
TABLE 8North America Hardware Market, By Country, 2019 - 2022, USD Million
TABLE 9North America Hardware Market, By Country, 2023 - 2030, USD Million
TABLE 10North America Integrated Solutions Market, By Country, 2019 - 2022, USD Million
TABLE 11North America Integrated Solutions Market, By Country, 2023 - 2030, USD Million
TABLE 12North America Digital Utility Market, By Network, 2019 - 2022, USD Million
TABLE 13North America Digital Utility Market, By Network, 2023 - 2030, USD Million
TABLE 14North America Generation Market, By Country, 2019 - 2022, USD Million
TABLE 15North America Generation Market, By Country, 2023 - 2030, USD Million
TABLE 16North America Transmission & Distribution Market, By Country, 2019 - 2022, USD Million
TABLE 17North America Transmission & Distribution Market, By Country, 2023 - 2030, USD Million
TABLE 18North America Retail Market, By Country, 2019 - 2022, USD Million
TABLE 19North America Retail Market, By Country, 2023 - 2030, USD Million
TABLE 20North America Digital Utility Market, By Country, 2019 - 2022, USD Million
TABLE 21North America Digital Utility Market, By Country, 2023 - 2030, USD Million
TABLE 22US Digital Utility Market, 2019 - 2022, USD Million
TABLE 23US Digital Utility Market, 2023 - 2030, USD Million
TABLE 24US Digital Utility Market, By Technology, 2019 - 2022, USD Million
TABLE 25US Digital Utility Market, By Technology, 2023 - 2030, USD Million
TABLE 26US Digital Utility Market, By Network, 2019 - 2022, USD Million
TABLE 27US Digital Utility Market, By Network, 2023 - 2030, USD Million
TABLE 28Canada Digital Utility Market, 2019 - 2022, USD Million
TABLE 29Canada Digital Utility Market, 2023 - 2030, USD Million
TABLE 30Canada Digital Utility Market, By Technology, 2019 - 2022, USD Million
TABLE 31Canada Digital Utility Market, By Technology, 2023 - 2030, USD Million
TABLE 32Canada Digital Utility Market, By Network, 2019 - 2022, USD Million
TABLE 33Canada Digital Utility Market, By Network, 2023 - 2030, USD Million
TABLE 34Mexico Digital Utility Market, 2019 - 2022, USD Million
TABLE 35Mexico Digital Utility Market, 2023 - 2030, USD Million
TABLE 36Mexico Digital Utility Market, By Technology, 2019 - 2022, USD Million
TABLE 37Mexico Digital Utility Market, By Technology, 2023 - 2030, USD Million
TABLE 38Mexico Digital Utility Market, By Network, 2019 - 2022, USD Million
TABLE 39Mexico Digital Utility Market, By Network, 2023 - 2030, USD Million
TABLE 40Rest of North America Digital Utility Market, 2019 - 2022, USD Million
TABLE 41Rest of North America Digital Utility Market, 2023 - 2030, USD Million
TABLE 42Rest of North America Digital Utility Market, By Technology, 2019 - 2022, USD Million
TABLE 43Rest of North America Digital Utility Market, By Technology, 2023 - 2030, USD Million
TABLE 44Rest of North America Digital Utility Market, By Network, 2019 - 2022, USD Million
TABLE 45Rest of North America Digital Utility Market, By Network, 2023 - 2030, USD Million
TABLE 46Key Information - Cognizant Technology Solutions Corporation
TABLE 47Key Information - Accenture PLC
TABLE 48Key Information - Capgemini SE
TABLE 49Key Information - ABB Ltd.
TABLE 50Key Information - General Electric Company
TABLE 51Key Information - Siemens AG
TABLE 52Key Information - Microsoft Corporation
TABLE 53Key Information - Oracle Corporation
TABLE 54Key Information - SAP SE
TABLE 55Key Information - IBM Corporation

North America Digital Utility Market Size, Share & Trends Analysis Report By Technology, By Network (Generation, Transmission & Distribution, and Retail), By Country and Growth Forecast, 2023 - 2030

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