Digital Utility Market Analysis Pr

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Global Digital Utility Market to be Propelled by
Large-scale Digitization and Urbanization,
Projects on Renewable Power Generation, and Rise
of Smart Buildings by CAGR of 24 During 2023
2033 Kenneth Research published a report titled
Digital Utility Market Global Demand Analysis
Opportunity Outlook 2033 which delivers
detailed overview of the global digital utility
market in terms of market segmentation by
technology, sector, and by region. Further, for
the in-depth analysis, the report encompasses the
industry growth indicators, restraints, supply
and demand risk, along with detailed discussion
on current and future market trends that are
associated with the growth of the market.
The global digital utility market is expected to
hold a revenue of USD 240 billion by 2033
growing from USD 56 billion in 2022. The market
growth can be attributed to the digital
transformation happening in various industries,
urbanization, projects for renewable energy
generation, smart buildings, and investments in
clean energy production.
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The global digital utility market is expected to
grow at a CAGR of approximately 24 from
2023-2033. The market is segmented by sector into
power generation, transmission distribution,
and power consumption. Of these, the power
consumption segment is anticipated to hold the
largest market share by the end of 2033, owing to
the rising need for energy in non-residential
infrastructures and the increase in the use of
HVAC (heating, ventilation, and air
conditioning). For more informations
_at_https//www.kennethresearch.com/report-details/gl
obal- digital-utility-market-/10059858 The
global digital utility market is divided into
five major regions, including North America,
Europe, Asia Pacific, Latin America, and Middle
East Africa. The market in the North America
region is projected to hold the largest market
share by the end of 2033, backed by growing
energy consumption, developing smart cities,
building automation, favorable government
regulations and more. The research is global in
nature and covers detailed analysis on the market
in North America (U.S., Canada), Europe (U.K.,
Germany, France, Italy, Spain, Hungary, Belgium,
Netherlands Luxembourg, NORDIC Finland,
Sweden, Norway, Denmark, Poland, Turkey,
Russia, Rest of Europe), Latin America (Brazil,
Mexico, Argentina, Rest of Latin America),
Asia-Pacific (China, India, Japan, South Korea,
Indonesia, Singapore, Malaysia, Australia, New
Zealand, Rest of Asia-Pacific), Middle East and
Africa (Israel, GCC Saudi Arabia, UAE, Bahrain,
Kuwait, Qatar, Oman, North Africa, South Africa,
Rest of Middle East and Africa). In addition,
analysis comprising market size, Y-O-Y growth
opportunity analysis, market players competitive
study, investment opportunities, demand for
future outlook etc. has also been covered and
displayed in the research report. Expanding
Urbanization to Boost the Market Growth By 2050,
about 69 of the global population is expected to
be living in urban areas. People move to urban
areas for several reasons, including
industrialization, services and social benefits,
modernization, commercialization, better
employment opportunities
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and more. Digital solutions are inevitable in
rapidly expanding and evolving urban areas to
solve many problems and for the efficient
distribution and consumption of
resources. However, disruptions in supply chain,
high costs in infrastructure transformation, and
unfamiliarity with digital utility solutions are
expected to operate as key restraint to the
growth of global digital utility market over the
forecast period. This report also provides the
existing competitive scenario of some of the key
players of the global digital utility market
which includes company profiling of Microsoft,
SAP SE, Siemens, Capgemini Services SAS, Eaton
Corporation plc, IBM Corporation, Oracle
Corporation, General Electric Company, Accenture
PLC, Cognizant Technology Solutions Corporation,
and others. The profiling enfolds key information
of the companies which encompasses business
overview, products and services, key financials
and recent news and developments. On the whole,
the report depicts detailed overview of the
global digital utility market that will help
industry consultants, equipment manufacturers,
existing players searching for expansion
opportunities, new players searching
possibilities and other stakeholders to align
their market centric strategies according to the
ongoing and expected trends in the
future. Request Report Sample_at_ https//www.kenneth
research.com/sample-request- 10059858 Kenneth
Research is a leading service provider for
strategic market research and consulting. We aim
to provide unbiased, unparalleled market insights
and industry analysis to help industries,
conglomerates and executives to take wise
decisions for their future marketing strategy,
expansion and investment etc. We believe every
business can expand to its new horizon, provided
a right guidance at a right time is available
through strategic minds. Our out of box thinking
helps our clients to take wise decision in order
to avoid future uncertainties. Contact for more
Info AJ Daniel Email sales_at_kennethresearch.com
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U.S. Phone [phone]