Title: Global Digital Utility Market
1Global Digital Utility Market Research Report -
Global Forecast 2023
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2023
2Global Digital Utility Market Research Report -
Global Forecast 2023
Global Digital Utility Market
- The major regions in the continents like United
States, China, Japan, Germany has the major
contribution in the Global Digital Utility
Market. The companies like International Business
Machine Corporation (U.S.), Oracle Corporation
(U.S.), SAP SE (Germany), Siemens AG (Germany),
General Electric Company (U.S.), are largest
investors for the development in digital
utilities transformation. In 2017, SAP SE
(Germany) has joined African Utility week that
are mainly concentrating on importance of digital
utility and its advantage in coming years. It is
focusing on advanced technology such as big data
which can be widely used by the organizations for
the improvement of performance of utilities
Infrastructure, prolong use of assets, maximize
energy production and others. - The Digital Utilities Market is estimated to grow
in the forecast years due to its numerous
features that include renewable, distributed
generation, and smart grids that are further
required by new business models and regulatory
frameworks. These utilities are used to influence
the smart energy generation and management at the
minimum cost. The growing demand of renewable
power generations and its distributions,
regulatory requirements for electric utilities
and energy efficiency demanding carbon emission
reductions, are driving the market growth to the
large extent.
3Global Digital Utility Market Research Report -
Global Forecast 2023
Taste the market data and market information
presented through more than 50 market data tables
and figures spread in 100 numbers of pages of the
project report. Avail the in-depth table of
content TOC market synopsis on Internet of
Global Digital Utility Market Forecast To 2023
- The study reveals that digital utility is
trending in North America region. The digital
utility demand is growing very rapidly as it is
providing platform solution for implementing
energy efficiency, optimizing business process
management and real time analytics that enhances
the field services through integration of all IT
services and others. The adoption of advanced
digital technology in utility are widely used in
U.S. The technology includes big data analytics,
digital marketing, Internet of Things (IoT),
artificial intelligence (AI), and others. These
adoption has enabled digital transformation for
numerous utilities. - In North America region, the socioeconomic
pressures and technology innovations are driving
the market of digital utilities. The digital
utilities transformation are providing services
such as digital utilities maturity assessment,
customer communities experience transformation,
digital asset management, digital utilities
enterprise architecture and others. In 2016, the
U.S. government has launched the Smart Grid
Investment Grant program for smart grid
development.
4Global Digital Utility Market Research Report -
Global Forecast 2023
Regional Analysis
- On geographic basis, Global Digital Utility
Market is studied in different regions as
Americas, Europe, Asia-Pacific and Rest of world.
It has been observed that North America region is
leading with largest market share growth in the
Global Digital Utility Market due to the major
companies such as Oracle Corporation, Cisco
System Inc., Microsoft Corporation and others,
are investing in the digital utility
transformation. In this market, Europe is to be
estimated to be the second largest market share
for digital utility during the forecast period.
As companies like SAP SE (Germany), Siemens AG
(Germany) are focusing on the digital utilities
transformation.
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5Global Digital Utility Market Research Report -
Global Forecast 2023
Application Major Players in this Research
- Global Digital Utility Market Prominent Players
- Capgemini SA (France),
- International Business Machine Corporation
(U.S.), - Accenture PLC (Ireland),
- Microsoft Corporation (U.S.),
- Cognizant Technology Solutions Corporation
(U.S.), - Cisco Systems Inc. (U.S.),
- Oracle Corporation (U.S.),
- SAP SE (Germany),
- Siemens AG (Germany),
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6Global Digital Utility Market Research Report -
Global Forecast 2023
Global Digital Utility Market Segmented on the
basis of
- The Global Digital Utility Market has been
segmented on the basis of component, deployment
type, end-users, and region. - Global Digital Utility Market by Component
- Hardware
- Software
- Services
- - On cloud services
- - On premises services
- Global Digital Utility Market by Deployment
Type - On premises
- Cloud
- Hybrid
- Global Digital Utility Market by End-Users
- Residential
- Commercial
- Retail
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