Press release
Generative Artificial Intelligence (AI) In Utilities Market Forecast 2025-2034: Comprehensive Analysis And Growth Opportunities
Generative Artificial Intelligence (AI) In Utilities
_x000D_
What Is the Projected Growth of the Generative Artificial Intelligence (AI) In Utilities Market?_x000D_
The generative artificial intelligence (AI) in utilities market size has grown significantly in recent years. It is projected to grow from $1.03 billion in 2024 to $1.4 billion in 2025 at a compound annual growth rate (CAGR) of 36.7%. This growth is attributed to the increasing demand for energy efficiency, integration of renewable energy sources, regulatory pressures, the rise of smart grid technologies, improvements in computing power, and cost reduction in AI technologies._x000D_
_x000D_
The generative artificial intelligence (AI) in utilities market is projected to reach $4.86 billion by 2029, growing at a compound annual growth rate (CAGR) of 36.4%. This growth is driven by increased demand for predictive maintenance, grid management, energy optimization, integration of renewable energy sources, AI advancements, rising AI investments, and regulatory support for digital tran_x000D_
_x000D_
Purchase the full report for exclusive industry analysis:_x000D_
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=19478_x000D_
_x000D_
What Are the Different Generative Artificial Intelligence (AI) In Utilities Market Segments?_x000D_
The generative artificial intelligence (AI) in utilities market covered in this report is segmented -_x000D_
_x000D_
1) By Type: Electricity Generation, Transmission And Distribution, Customer Engagement And Energy Efficiency, Water And Wastewater Management, Gas And Oil Utilities, Renewable Energy Integration_x000D_
2) By Deployment: On-Premises, Cloud-Based, Hybrid, Edge Computing, Collaborative, Customized In-House_x000D_
3) By Application: Create Personalized Customer Experiences, Improve Asset Management, Develop New Products And Services, Improve Safety, Other Applications_x000D_
_x000D_
Subsegments:_x000D_
1) By Electricity Generation: Predictive Maintenance For Power Plants, Energy Demand Forecasting, Load Balancing And Optimization, Grid Management Solutions_x000D_
2) By Transmission And Distribution: Smart Grid Technologies, Fault Detection And Diagnostics, Real-Time Monitoring Systems, Asset Management Solutions_x000D_
3) By Customer Engagement and Energy Efficiency: Personalized Energy Management Tools, Customer Behavior Analytics, Energy Usage Forecasting, Loyalty and Rewards Programs_x000D_
4) By Water and Wastewater Management: Leak Detection and Monitoring Systems, Water Quality Analysis Tools, Demand Forecasting For Water Supply, Wastewater Treatment Optimization_x000D_
5) By Gas and Oil Utilities: Pipeline Monitoring And Integrity Management, Leak Detection Technologies, Supply Chain Optimization, Predictive Maintenance For Equipment_x000D_
6) By Renewable Energy Integration: Energy Storage Management, Integration Of Distributed Energy Resources (DERs), Microgrid Management Solutions, Renewable Energy Forecasting_x000D_
_x000D_
Get your free sample here:_x000D_
https://www.thebusinessresearchcompany.com/sample.aspx?id=19478&type=smp_x000D_
_x000D_
What Are the Primary Drivers Shaping the Generative Artificial Intelligence (AI) In Utilities Market?_x000D_
Increased use of renewable energy is expected to support the rise of generative artificial intelligence (AI) in the utilities market. Renewable sources like wind and solar are gaining traction due to falling costs and environmental benefits. Generative AI helps optimize resource management and reduce fossil fuel use. The European Environment Agency reported in March 2024 that renewables accounted for 23% of EU energy use in 2022, up from 21.9% in 2021. Therefore, rising renewable energy use is pushing generative AI in utilities._x000D_
_x000D_
Which Companies Are Leading in the Generative Artificial Intelligence (AI) In Utilities Market?_x000D_
Major companies operating in the generative artificial intelligence (AI) in utilities market are Microsoft Corporation, Hitachi Ltd, Amazon Web Services Inc., Siemens AG, General Electric Company, IBM Corporation, Schneider Electric SE, Honeywell International Inc., SAP SE, ABB Ltd., NVIDIA Corporation, Capgemini SE, Eaton Corporation, Infosys Limited, Emerson Electric Co., Wipro Limited, Rockwell Automation Inc., The Tata Power Company Ltd., AVEVA Group plc, C3.ai Inc., SparkCognition Inc., Bidgely Inc._x000D_
_x000D_
What Trends Are Driving Growth in The Generative Artificial Intelligence (AI) In Utilities Market?_x000D_
In the utility market, companies are focusing on real-time data-driven insights to enhance decision-making and operational efficiency. Databricks Inc. launched a data intelligence platform in April 2024, which integrates AI models and real-time data to optimize maintenance, improve grid performance, and reduce costs in the energy sector._x000D_
_x000D_
Get the full report for exclusive industry analysis:_x000D_
https://www.thebusinessresearchcompany.com/report/generative-artificial-intelligence-ai-in-utilities-global-market-report_x000D_
_x000D_
What Are the Top Revenue-Generating Geographies in the Generative Artificial Intelligence (AI) In Utilities Market?_x000D_
North America was the largest region in the generative artificial intelligence (AI) in the utilities market in 2024. The regions covered in the generative artificial intelligence (AI) in utilities market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa._x000D_
_x000D_
Frequently Asked Questions:_x000D_
1. What Is the Market Size and Growth Rate of the Generative Artificial Intelligence (AI) In Utilities Market?_x000D_
2. What is the CAGR expected in the Generative Artificial Intelligence (AI) In Utilities Market?_x000D_
3. What Are the Key Innovations Transforming the Generative Artificial Intelligence (AI) In Utilities Industry?_x000D_
4. Which Region Is Leading the Generative Artificial Intelligence (AI) In Utilities Market?_x000D_
_x000D_
Why This Report Matters:_x000D_
_x000D_
Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors._x000D_
_x000D_
Informed Decisions: Understand key strategies related to products, segmentation, and industry trends._x000D_
_x000D_
Efficient Research: Quickly identify market growth, leading players, and major segments.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Generative Artificial Intelligence (AI) In Utilities Market Forecast 2025-2034: Comprehensive Analysis And Growth Opportunities here
News-ID: 4048859 • Views: …
More Releases from The Business Research Company
C-X-C Chemokine Receptor Type 2 Market on Track for Strong Growth, Estimated to …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the C-X-C Chemokine Receptor Type 2 Market Through 2025?
There has been a significant expansion in the market for C-X-C chemokine receptor type 2 in the past few years. The market is projected to increase from $1.24 billion in 2024 to $1.38 billion…
Top Market Shifts Transforming the Coenzyme Q10 Market Landscape: Key Insights
"Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Coenzyme Q10 Market Through 2025?
The market size of coenzyme Q10 has seen impressive expansion in the past years, with predictions stating an increase from $0.74 billion in 2024 up to $0.84 billion in 2025, implying a compound annual growth rate (CAGR)…
2025-2034 Chimeric Antibody Market Evolution: Disruptions, Innovations, and Unta …
"Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Chimeric Antibody Market Through 2025?
In recent times, there has been a swift expansion in the chimeric antibody market size. We can expect an increase from $12.27 billion in 2024 to $13.74 billion in 2025, reflecting a compound annual growth rate (CAGR)…
2025-2034 Chimeric Antibody Market Evolution: Disruptions, Innovations, and Unta …
"Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Chimeric Antibody Market Through 2025?
In recent times, there has been a swift expansion in the chimeric antibody market size. We can expect an increase from $12.27 billion in 2024 to $13.74 billion in 2025, reflecting a compound annual growth rate (CAGR)…
More Releases for Utilities
Utilities Software Market Size Analysis by Application, Type, and Region: Foreca …
USA, New Jersey- According to Market Research Intellect, the global Utilities Software market in the Internet, Communication and Technology category is projected to witness significant growth from 2025 to 2032. Market dynamics, technological advancements, and evolving consumer demand are expected to drive expansion during this period.
The utilities software market is experiencing steady growth as utility providers increasingly shift toward digital transformation to improve operational efficiency and service delivery. Rising energy…
Utilities Security Market 2032: The Evolving Threat Landscape: Utilities Securit …
Increase in security breaches and surge in government initiatives, such as Make in India, are expected to boost the market in the near future. However, lack of skilled labor is anticipated to hinder this growth during the forecast period. Moreover, higher involvement of industry players in the utility sector to reduce carbon footprints is a major opportunity for market development.
☛ Request Sample Report at: https://www.alliedmarketresearch.com/request-toc-and-sample/2789
Key benefits of…
Underground Utilities Mapping Services Market Is Dazzling Worldwide | VAC Group, …
Latest research report added by HTF MI Titled on Global Underground Utilities Mapping Services Market breaking major business segments and highlighting wider level geographies to get deep dive analysis on market data. The study is a perfect balance bridging both qualitative and quantitative information of Underground Utilities Mapping Services market. The market Study is segmented by key a region that is accelerating the marketization. This section also provides the scope…
International SAP Conference for Utilities
The International SAP Conference for Utilities is SAP’s flagship global utility industry conference. Bringing together SAP executives, solution experts, users, prospective users, partners, and more, this event is the must attend event in 2017 for business and IT professionals in the utilities industry.
Co-located with the International SAP Conference for Oil and Gas – creating a global hub of over 1000 energy industry professionals – our 3 day agenda has…
Smart Utilities Australia & New Zealand Gathers International Utilities, Retaile …
Meet with decision makers from SP AusNet, Jemena, AGL Energy, Origin Energy, Ergon Energy, and many more
More than 700 high-level professionals from international Utilities, Retailers and Distributors are gathering for the 10th Annual Smart Utilities Australia & New Zealand, the region’s largest industry conference and exhibition, to be held at the Melbourne Convention & Exhibition Centre from 20-22 November.
“We have a huge line-up of 77 industry experts this year,” says…
Enhancing solid business cases for Utilities
Paderborn (Germany), 10 January 2012: A new study from leading analysts estimates that the global smart grid market is worth at least $27 billion and potentially $49 billion in emerging countries. Government mandates are likely to be a key driver for the nearly 1 billion smart meter installations by 2020 worldwide. Because transforming the traditional infrastructure into a smart grid requires huge investments, a solid business case is a key…
