Smart Utilities Management Market Outlook 2029: Presents Market Insights & Depth Analysis

The global smart utilities management market is anticipated to grow at a CAGR of 18.5% during the forecast period (2023-2030). The growing focus of public and private organization on smart city development is propelling the demand for smart utilities management market. The government is focused on implementing smart services as a major part of its infrastructure development in both, developed and developing economies. In the US, deployment of IoT solutions plays a major role in government infrastructure accelerating the country's growth. For instance, the federal government has implemented the concept of smart-building applications in order to reduce costs and promote smart services. The General Services Administration's (GSA) Smart-Buildings initiative was started in May 2012 which modernized federal government buildings in large part through connected technologies in order to make them more energy-efficient. The project involved the installation of thousands of low-cost connected sensors into 50 of the government's most energy-intensive buildings which can collect a minimum of 1,000 data points relating to energy use and operational efficiency per building. This initiative resulted in $15 million of annual savings as per GSA estimates.

Emerging economies such as India and China are also implementing different IoT strategies for smart development of their economy. One of the major initiatives taken by the Indian government, the Smart City project has been playing a major role in in the market growth of smart gas meter. The country's government has invested around $4.5 billion on smart cities development. The concept of a smart city is to develop an urban center where IT acts as a key driving factor comprising many technological platforms such as automated sensor networks, data centers and so forth. Additionally, the country's government has partnered with various organizations such as NASSCOM, DEITY, TCS, Intel, Amazon Web Services and FORGE Accelerator. The technologies offered by these organizations are aimed to support government initiatives using IoT in different areas such as water, energy, safety, agriculture, crime, and health. 

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Market Coverage

The market number available for - 2022-2030
Base year- 2022
Forecast period- 2023-2030

Segment Covered- 

By Type 

Regions Covered-

North America
Europe
Asia-Pacific
Rest of the World

Competitive Landscape- includes IBM Corp., Atos SE, Honeywell International Inc., ABB Ltd., and Siemens AG, among others.

Smart Utilities Management Market Report Segment

By Type 

Meter Data Management System
Energy Monitoring/ Management
Smart Distribution Management 

A full Report of Smart Utilities Management Market is Available @  https://www.omrglobal.com/industry-reports/smart-utilities-management-market

Smart Utilities Management Market Report Segment by Region

North America                                                                                                           

United States
Canada

Europe

UK
Germany
Spain
France
Italy
Rest of Europe

Asia-Pacific

India
China
Japan
South Korea
Rest of APAC

Rest of the World

Latin America
Middle East and Africa 

Company Profiles

C3 IoT, Inc.
Cisco System, Inc.
Delta Electronics, Inc.
Dexma Sensors, S.L.
Distech Controls, Inc.
Eaton
Energy Management Solutions, Inc.
General Electric Co.
GridPoint, Inc.
Honeywell International, Inc.
IBM Corp.
Johnson Controls International PLC
MidAmerican Energy Services, LLC
Phoenix Energy Technologies
Rockwell Automation, Inc.
SAP SE
Schneider Electric SE
Siemens AG
Tendril Networks, Inc.
Yokogowa Electric Corp.

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More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
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