Last Updated: 23-07-2025 | Format: PDF | Report ID:10608 | Author: Ankit
| Key Market Question | Answer |
|---|---|
| What is the market size in 2025? | Revenue (USD Million) |
| What is the projected market size by 2035? | $14,400 Million |
| What is the market CAGR from 2025 to 2035? | 5.3% |
| Which region dominates the market? | United States (72%) |
| Which product/service type dominates the market? | Software (44%) |
| Which application leads the market? | Electricity (48%) |
| Who are the major buyers? | Large Utilities (54%), Medium Utilities (31%) |
| What are the key market growth drivers? | Adoption of IoT Platforms and Predictive Analytics; Aging utility infrastructure necessitating asset modernization |
| What are the major market challenges? | Complex legacy system integration; Skilled workforce shortages for advanced asset management |
| What is the forecast period? | 2026–2035 |
| Who are the key market players? |
Study period:
2020-2035
Base year:
2026
Historical data
2020-2024
NO OF PAGE:
167
What You Get:
| ABB Ltd., Siemens AG, General Electric Company, Schneider Electric SE, IBM Corporation, Hitachi Energy, Oracle Corporation, SAP SE, Itron Inc., Aclara Technologies, Landis+Gyr, Sensus (Xylem Inc.), Bentley Systems, Infosys Limited, Black & Veatch Corporation |
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