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Digital Utility Market Growth, Key-Players, Revenue, Emerging-Trends 2025 Accenture PLC, ABB Ltd, Capgemini SA, Eaton Corporation PLC, Cisco Systems Inc., General Electric Company, Schneider Electric SE

05-20-2019 07:15 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Global Reports Store

Digital Utility Market Growth, Key-Players, Revenue,

Global Digital Utility Industry was valued at USD 134.16 Billion for the year 2017. Digital Utility Industry is further expected to grow at a CAGR of 12.38% from 2018 to reach USD 341.28 Billion by the year 2025. North America region holds the highest Industry share in 2017. While Asia-Pacific region is considered as the fastest growing Industry in the forecasted period. The U.S. is the major Industry in 2018 at country level and China is further anticipated to grow at a steady pace in the next 5 years.

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Major market players in Digital Utility Industry are Accenture PLC, ABB Ltd, Capgemini SA, Eaton Corporation PLC, Cisco Systems Inc., General Electric Company, Schneider Electric SE, Siemens AG, Oracle Corporation, SAP SE, Microsoft Corporation, IBM Corporation and other 12 more companies’ detailed information is provided in the report. Rising research and development expenses to satisfy the changing demands of end users, new product launches and organic growth strategies were few techniques adopted by various manufacturers in last 5 years.

SWOT Analysis of Digital Utility Industry:
Strength:
Rising demand for renewable power generation ventures
Weakness:
High Initial Investments
Opportunities:
Asian countries adapting to smart city concepts
Threats:
Implementation & adoption of new technology

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The segmentation done on the basis of Technology includes Cloud & Software, Hardware, and Services of which the Hardware segment is expected to hold the highest Industry share during the forecast period.

Digital Utility Industry Segmentation:
By Technology:
• Cloud & Software
• Hardware
• Services

By Network:
• Retail
• Transmission & Distribution
• Generation

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By Region
North America
• USA
• Canada
Europe
• Germany
• U.K.
• France
• Italy
• Rest of Europe
APAC
• China
India
• Japan
• Rest of Asia-Pacific
RoW
• Latin America
• Middle East & Africa

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