Digital Utility - Global Market Outlook (2017-2023)

Digital Utility - Global Market Outlook (2017-2023)

  • Published: September 2017
  • ID: SMRC16713

According to Stratistics MRC,the Global Digital Utility Market is accounted for $105.34 billion in 2016 and expected to grow at a CAGR of 15.0% to reach $281.08 billion by 2023.  Factors such as growing distributed and renewable power generation projects and stringent regulatory norms for electric utilities are driving the market growth. However, high initial costs will hinder the market growth. Smart Cities along with Smart meters & smart grids will provide opportunity for the market to grow. Cyber security in the power and utilities sector is a major threat to the market.

The hardware segment of the technology is anticipated to dominate the market during the forecast period because it is widely used in equipment, like smart meters & smart transformers. Smart grids are more efficient and less capital intense, allowing for predictive maintenance and better asset health. The Digital Utility is providing platform solution for real-time analytics. All major energy suppliers have invested in online and especially mobile channels in recent years. The adoption of advanced digital technology in utility is widely used in U.S as it is driven by quality data and effective process automation.

Based on Network, the transmission and distribution segment dominated market due to increase in monitoring and management of electric transmission and distribution systems. The retail segment is anticipated to grow at the highest CAGR, during the forecast period as by using customer data analytics, one northern European energy supplier was able to increase up-selling and cross-selling significantly. For instance, Thermondo in Germany, have utilized their business model on improving various customer interaction points.

North America is the largest market for digital utility, followed by the Europe. Rising investments in electrical infrastructure and increasing electricity demand are driving the market in this region. The U.S. government launched the Smart Grid Investment Grant (SGIG) program for smart grid development. In 2015, nearly half of U.S. customers had smart meters.

The key players in global Digital Utility market are International Business Machine Corporation, Microsoft Corporation, Oracle Corporation, SAP SE, Schneider Electric SE, Siemens AG, ABB Ltd., Accenture PLC, Capgemini SA, Cisco Systems Inc., Eaton Corporation PLC and General Electric Company.

Deployment Modes Covered:
• On Premises
• Hybrid
• Cloud

Technologies Covered:
• Software
• Hardware
• Services

Networks Covered:
• Transmission & Distribution
• Generation
• Retail

Regions Covered:

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • Italy
    • France
    • Spain
    • Rest of Europe
  • Asia Pacific
    • Japan       
    • China       
    • India       
    • Australia 
    • New Zealand     
    • South Korea      
    • Rest of Asia Pacific   
  • South America
    • Argentina
    • Brazil
    • Chile
    • Rest of South America
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Qatar
    • South Africa
    • Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

1 Executive Summary       
         
2 Preface      
  
 2.1 Abstract       
 2.2 Stake Holders      
 2.3 Research Scope      
 2.4 Research Methodology     
  2.4.1 Data Mining     
  2.4.2 Data Analysis     
  2.4.3 Data Validation     
  2.4.4 Research Approach     
 2.5 Research Sources      
  2.5.1 Primary Research Sources    
  2.5.2 Secondary Research Sources    
  2.5.3 Assumptions     
         
3 Market Trend Analysis      
 3.1 Introduction      
 3.2 Drivers       
 3.3 Restraints      
 3.4 Opportunities      
 3.5 Threats       
 3.6 Technology Analysis     
 3.7 Emerging Markets      
 3.8 Futuristic Market Scenario     
         
4 Porters Five Force Analysis      
 4.1 Bargaining power of suppliers     
 4.2 Bargaining power of buyers     
 4.3 Threat of substitutes     
 4.4 Threat of new entrants     
 4.5 Competitive rivalry      
         
5 Global Digital Utility Market, By Deployment Mode   
 5.1 Introduction      
 5.2 On Premises      
 5.3 Hybrid       
 5.4 Cloud       
         
6 Global Digital Utility Market, By Technology    
 6.1 Introduction      
 6.2 Software       
 6.3 Hardware      
 6.4 Services        
  6.4.1 On Cloud Services     
  6.4.2 On Premises Services    
         
7 Global Digital Utility Market, By Network    

 7.1 Introduction      
 7.2 Transmission & Distribution     
 7.3 Generation      
 7.4 Retail       
         
8 Global Digital Utility Market, By Geography    
 8.1 Introduction      
 8.2 North America      
  8.2.1 US      
  8.2.2 Canada      
  8.2.3 Mexico      
 8.3 Europe       
  8.3.1 Germany      
  8.3.2 UK      
  8.3.3 Italy      
  8.3.4 France      
  8.3.5 Spain      
  8.3.6 Rest of Europe     
 8.4 Asia Pacific      
  8.4.1 Japan      
  8.4.2 China      
  8.4.3 India      
  8.4.4 Australia      
  8.4.5 New Zealand     
  8.4.6 South Korea     
  8.4.7 Rest of Asia Pacific     
 8.5 South America      
  8.5.1 Argentina     
  8.5.2 Brazil      
  8.5.3 Chile      
  8.5.4 Rest of South America    
 8.6 Middle East & Africa     
  8.6.1 Saudi Arabia     
  8.6.2 UAE      
  8.6.3 Qatar      
  8.6.4 South Africa     
  8.6.5 Rest of Middle East & Africa    
         
9 Key Developments       
 9.1 Agreements, Partnerships, Collaborations and Joint Ventures  
 9.2 Acquisitions & Mergers     
 9.3 New Product Launch     
 9.4 Expansions      
 9.5 Other Key Strategies     
         
10 Company Profiling       
 10.1 International Business Machine Corporation   
 10.2 Microsoft Corporation     
 10.3 Oracle Corporation      
 10.4 SAP SE       
 10.5 Schneider Electric SE     
 10.6 Siemens AG      
 10.7 ABB Ltd.       
 10.8 Accenture PLC      
 10.9 Capgemini SA      
 10.10 Cisco Systems Inc.      
 10.11 Eaton Corporation PLC     
 10.12 General Electric Company     


List of Tables         
1 Global Digital Utility Market Outlook, By Region (2014-2023) ($MN)  
2 Global Digital Utility Market Outlook, By Deployment Mode (2014-2023) ($MN) 
3 Global Digital Utility Market Outlook, By On Premises (2014-2023) ($MN)  
4 Global Digital Utility Market Outlook, By Hybrid (2014-2023) ($MN)  
5 Global Digital Utility Market Outlook, By Cloud (2014-2023) ($MN)  
6 Global Digital Utility Market Outlook, By Technology (2014-2023) ($MN)  
7 Global Digital Utility Market Outlook, By Software (2014-2023) ($MN)  
8 Global Digital Utility Market Outlook, By Hardware (2014-2023) ($MN)  
9 Global Digital Utility Market Outlook, By Services (2014-2023) ($MN)  
10 Global Digital Utility Market Outlook, By On Cloud Services (2014-2023) ($MN) 
11 Global Digital Utility Market Outlook, By On Premises Services (2014-2023) ($MN) 
12 Global Digital Utility Market Outlook, By Network (2014-2023) ($MN)  
13 Global Digital Utility Market Outlook, By Transmission & Distribution (2014-2023) ($MN)
14 Global Digital Utility Market Outlook, By Generation (2014-2023) ($MN)  
15 Global Digital Utility Market Outlook, By Retail (2014-2023) ($MN)  
16 North America Digital Utility Market Outlook, By Country (2014-2023) ($MN) 
17 North America Digital Utility Market Outlook, By Deployment Mode (2014-2023) ($MN)
18 North America Digital Utility Market Outlook, By On Premises (2014-2023) ($MN) 
19 North America Digital Utility Market Outlook, By Hybrid (2014-2023) ($MN) 
20 North America Digital Utility Market Outlook, By Cloud (2014-2023) ($MN) 
21 North America Digital Utility Market Outlook, By Technology (2014-2023) ($MN) 
22 North America Digital Utility Market Outlook, By Software (2014-2023) ($MN) 
23 North America Digital Utility Market Outlook, By Hardware (2014-2023) ($MN) 
24 North America Digital Utility Market Outlook, By Services (2014-2023) ($MN) 
25 North America Digital Utility Market Outlook, By On Cloud Services (2014-2023) ($MN)
26 North America Digital Utility Market Outlook, By On Premises Services (2014-2023) ($MN)
27 North America Digital Utility Market Outlook, By Network (2014-2023) ($MN) 
28 North America Digital Utility Market Outlook, By Transmission & Distribution (2014-2023) ($MN)
29 North America Digital Utility Market Outlook, By Generation (2014-2023) ($MN) 
30 North America Digital Utility Market Outlook, By Retail (2014-2023) ($MN) 
31 Europe Digital Utility Market Outlook, By Country (2014-2023) ($MN)  
32 Europe Digital Utility Market Outlook, By Deployment Mode (2014-2023) ($MN) 
33 Europe Digital Utility Market Outlook, By On Premises (2014-2023) ($MN) 
34 Europe Digital Utility Market Outlook, By Hybrid (2014-2023) ($MN)  
35 Europe Digital Utility Market Outlook, By Cloud (2014-2023) ($MN)  
36 Europe Digital Utility Market Outlook, By Technology (2014-2023) ($MN)  
37 Europe Digital Utility Market Outlook, By Software (2014-2023) ($MN)  
38 Europe Digital Utility Market Outlook, By Hardware (2014-2023) ($MN)  
39 Europe Digital Utility Market Outlook, By Services (2014-2023) ($MN)  
40 Europe Digital Utility Market Outlook, By On Cloud Services (2014-2023) ($MN) 
41 Europe Digital Utility Market Outlook, By On Premises Services (2014-2023) ($MN) 
42 Europe Digital Utility Market Outlook, By Network (2014-2023) ($MN)  
43 Europe Digital Utility Market Outlook, By Transmission & Distribution (2014-2023) ($MN)
44 Europe Digital Utility Market Outlook, By Generation (2014-2023) ($MN)  
45 Europe Digital Utility Market Outlook, By Retail (2014-2023) ($MN)  
46 Asia Pacific Digital Utility Market Outlook, By Country (2014-2023) ($MN)  
47 Asia Pacific Digital Utility Market Outlook, By Deployment Mode (2014-2023) ($MN)
48 Asia Pacific Digital Utility Market Outlook, By On Premises (2014-2023) ($MN) 
49 Asia Pacific Digital Utility Market Outlook, By Hybrid (2014-2023) ($MN)  
50 Asia Pacific Digital Utility Market Outlook, By Cloud (2014-2023) ($MN)  
51 Asia Pacific Digital Utility Market Outlook, By Technology (2014-2023) ($MN) 
52 Asia Pacific Digital Utility Market Outlook, By Software (2014-2023) ($MN) 
53 Asia Pacific Digital Utility Market Outlook, By Hardware (2014-2023) ($MN) 
54 Asia Pacific Digital Utility Market Outlook, By Services (2014-2023) ($MN) 
55 Asia Pacific Digital Utility Market Outlook, By On Cloud Services (2014-2023) ($MN) 
56 Asia Pacific Digital Utility Market Outlook, By On Premises Services (2014-2023) ($MN)
57 Asia Pacific Digital Utility Market Outlook, By Network (2014-2023) ($MN) 
58 Asia Pacific Digital Utility Market Outlook, By Transmission & Distribution (2014-2023) ($MN)
59 Asia Pacific Digital Utility Market Outlook, By Generation (2014-2023) ($MN) 
60 Asia Pacific Digital Utility Market Outlook, By Retail (2014-2023) ($MN)  
61 South America Digital Utility Market Outlook, By Country (2014-2023) ($MN) 
62 South America Digital Utility Market Outlook, By Deployment Mode (2014-2023) ($MN)
63 South America Digital Utility Market Outlook, By On Premises (2014-2023) ($MN) 
64 South America Digital Utility Market Outlook, By Hybrid (2014-2023) ($MN) 
65 South America Digital Utility Market Outlook, By Cloud (2014-2023) ($MN) 
66 South America Digital Utility Market Outlook, By Technology (2014-2023) ($MN) 
67 South America Digital Utility Market Outlook, By Software (2014-2023) ($MN) 
68 South America Digital Utility Market Outlook, By Hardware (2014-2023) ($MN) 
69 South America Digital Utility Market Outlook, By Services (2014-2023) ($MN) 
70 South America Digital Utility Market Outlook, By On Cloud Services (2014-2023) ($MN)
71 South America Digital Utility Market Outlook, By On Premises Services (2014-2023) ($MN)
72 South America Digital Utility Market Outlook, By Network (2014-2023) ($MN) 
73 South America Digital Utility Market Outlook, By Transmission & Distribution (2014-2023) ($MN)
74 South America Digital Utility Market Outlook, By Generation (2014-2023) ($MN) 
75 South America Digital Utility Market Outlook, By Retail (2014-2023) ($MN) 
76 Middle East & Africa Digital Utility Market Outlook, By Country (2014-2023) ($MN) 
77 Middle East & Africa Digital Utility Market Outlook, By Deployment Mode (2014-2023) ($MN)
78 Middle East & Africa Digital Utility Market Outlook, By On Premises (2014-2023) ($MN)
79 Middle East & Africa Digital Utility Market Outlook, By Hybrid (2014-2023) ($MN) 
80 Middle East & Africa Digital Utility Market Outlook, By Cloud (2014-2023) ($MN) 
81 Middle East & Africa Digital Utility Market Outlook, By Technology (2014-2023) ($MN)
82 Middle East & Africa Digital Utility Market Outlook, By Software (2014-2023) ($MN) 
83 Middle East & Africa Digital Utility Market Outlook, By Hardware (2014-2023) ($MN)
84 Middle East & Africa Digital Utility Market Outlook, By Services (2014-2023) ($MN) 
85 Middle East & Africa Digital Utility Market Outlook, By On Cloud Services (2014-2023) ($MN)
86 Middle East & Africa Digital Utility Market Outlook, By On Premises Services (2014-2023) ($MN)
87 Middle East & Africa Digital Utility Market Outlook, By Network (2014-2023) ($MN) 
88 Middle East & Africa Digital Utility Market Outlook, By Transmission & Distribution (2014-2023) ($MN)
89 Middle East & Africa Digital Utility Market Outlook, By Generation (2014-2023) ($MN)
90 Middle East & Africa Digital Utility Market Outlook, By Retail (2014-2023) ($MN) 

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