Information Communications Media Technology Market News

Learn details of the digital utility market that will grow at a CAGR of 12.79% by 2022

IT Market Research

“Digital Utility Market By Network (Generation, Transmission And Distribution, And Retail), Technology (Hardware And Integrated Solutions (Cloud And Software, Services)), And Region (North America, Europe, And Asia-Pacific) - Global Forecast To 2022.”

The digital utility market is projected to grow at a CAGR of 12.59%, from 2017 to 2022.

The digital utility market is projected to reach USD 244.32 billion by 2022, at a CAGR of 12.59%, from 2017 to 2022. An increase in the number of distributed and renewable power generation projects, energy efficiency mandates demanding carbon emission reduction, and strict regulatory requirements for electric utilities are the major drivers of the digital utility market.

High initial costs can hinder the growth of the digital utility market.

The retail sub segment of the network segment is expected to grow at the highest CAGR, from 2017 to 2022.

Download PDF Brochure:

The retail sub segment of the network segment is expected grow at the highest CAGR, during the forecast period.

Electric utilities are gradually transforming from being electricity suppliers to energy service providers, and the customers are also becoming involved in the electric value chain. End-users are installing power generating sources such as solar panels and small wind, among others, to become self-sufficient, and also actively participating in demand response programs.

Reasons for Getting this Report

This report provides pin-point analysis for changing competitive dynamics

It provides a forward looking perspective on different factors driving or restraining market growth

It provides a six-year forecast assessed on the basis of how the market is predicted to grow

It helps in understanding the key product segments and their future

It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors

It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments

It provides distinctive graphics and exemplified analysis of major market segments

Download PDF Brochure:

News From

Key Market InsightsKey Market Insights
Category: Market Research Publishers and RetailersCompany about: Key Market Insights is a stand-alone organization with a solid history of advancing and exchanging market research reports and logical surveys delivered by our numerous transnational accomplices, which incorporate both huge multinationals and littler, more expert concerns. Our online stage,, offers an unmatched gathering of market examination reports, organization audits, databooks, articles, periodical distributions, databases, on-line endorser administrations, and a great deal m ...
This email address is being protected from spambots. You need JavaScript enabled to view it.