Featuring market attractiveness scoring, total addressable market sizing, company benchmarking matrices, interactive Excel dashboards, deeper supply chain intelligence, emerging startup tracking, and granular product-level insights, The Business Research Company’s 2026 market reports are built to deliver research that is both more actionable and more strategically valuable.
Digital Power Utility Market Revenue Outlook: What CAGR Lies Ahead Through 2030?
The market for digital power utilities has experienced substantial expansion over recent years. This market is projected to expand from $110.15 billion in 2025 to reach $131.95 billion by 2026, demonstrating a compound annual growth rate (CAGR) of 19.8%. Historically, this growth has stemmed from factors such as a heightened need for electricity monitoring, the implementation of conventional grid automation, the expansion of power generation and distribution infrastructure, the imperative for effective energy management, and an increase in utility operational expenses.
The size of the digital power utility market is projected to experience substantial expansion in the coming years. This market is anticipated to reach $272.08 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 19.8%. Key drivers for this growth during the projection period include the incorporation of AI-driven energy analytics, the expansion of cloud-based utility management, the increasing adoption of smart meters and digital devices, a heightened focus on integrating renewable energy, and rising investments in sustainable and resilient power infrastructure. Prominent trends expected over the forecast horizon encompass the integration of smart grid solutions, the rollout of advanced metering infrastructure (AMI), the widespread use of outage management and predictive analytics software, the establishment of distributed energy resource (DER) management systems, and the growth of customer engagement platforms and digital services.
Get A Free Sample Report With In-Depth Market Insights:
Digital Power Utility Market Expansion Drivers: What’s Shaping Future Growth?
The expanding demand for renewable energy is anticipated to drive the advancement of the digital power utility market in the future. Renewable energy originates from natural resources that are replenished more quickly than they are consumed. There is increasing public awareness regarding the environmental and social consequences of fossil fuels, leading to a greater desire for cleaner and more sustainable energy solutions. Digital power utility solutions are utilized in renewable energy to efficiently manage the fluctuating output of these sources, optimize energy storage, and balance supply and demand in real time. For example, in July 2025, Eurostat, the Luxembourg-based EU statistical authority, reported that in 2024, renewable energy sources contributed 47.3% of the total net electricity generation in the European Union, underscoring the rapid growth of renewables and the increasing complexity of power systems. Thus, the growing requirement for renewable energy is fueling the expansion of the digital power utility market.
Digital Power Utility Market Segment Outlook: Which Categories Are Growing Fastest?
The digital power utility market covered in this report is segmented –
1) By Type: Hardware Service, Software Service
2) By Sector: Power Generation, Transmission And Distribution, Energy Storage, Energy Trading
3) By Organization Size: Large Enterprises, Small-sized Enterprises, Medium-sized Enterprises
Subsegments:
1) By Hardware Service: Smart Meters, Grid Management Equipment, Communication Infrastructure, Substation Automation Devices, Distributed Energy Resource (DER) Management Hardware
2) By Software Service: Energy Management Software, Advanced Metering Infrastructure (AMI) Software, Grid Analytics Software, Outage Management Software, Customer Engagement Software
Digital Power Utility Market Strategic Trends: What Defines The Next Growth Phase?
Leading companies in the digital power utility market are developing innovative solutions like gridos to modernize and transform electricity grids for future demands. This platform integrates energy data, network modeling, and AI and machine learning-driven analytics to power a suite of intelligent applications. For example, in February 2023, GE Digital, a US-based Software industry corporation, introduced gridos. The platform incorporates a ‘zero trust’ grid security model to protect resources from both internal and external threats. Its partner ecosystem includes amazon web services (AWS) as a cloud provider, and Accenture and Infosys, among others, as system integrators. The GridOS platform and its application suite support GE Digital’s grid operations portfolio mapping and design, the advanced energy management system (aems) for transmission and market management operations, the advanced distribution management system (ADMS) for distribution network operations, and the distributed energy resource management system (derms) for forecasting and management.
Digital Power Utility Market Competitive Overview And Top Companies
Major companies operating in the digital power utility market are Microsoft Corporation, Siemens AG, General Electric Company, Accenture PLC, The International Business Machines Corporation, Cisco Systems Inc., Oracle Corporation, Schneider Electric SE, Honeywell International Inc., SAP SE, ABB Ltd., Capgemini Ltd., Eaton Corporation plc, Cognizant, Infosys Ltd., Vestas Wind Systems A/S, Emerson Electric Co., Hitachi Energy Ltd., Wipro Ltd., Siemens Gamesa Renewable Energy S.A., Rockwell Automation Inc., PTC Inc., National Instruments Corporation, Mitsubishi Power Ltd., Toshiba Energy Systems & Solutions Corporation
View The Full Digital Power Utility Market Report:
Digital Power Utility Market Top Region: Where Does Most Revenue Come From?
North America was the largest region in the digital power utility market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the digital power utility market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Reach Out To Our Team:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas: +1 310-496-7795
Asia: +44 7882 955267 & +91 8897263534
Europe: +44 7882 955267
Email us at: marketing@tbrc.info
Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Wasay has over a decade of experience in market research, data modelling, and analytics, with prior experience at GlobalData and Decision Tree Consulting Services. At The Business Research Company , he leads research operations across syndicated studies, customized consulting engagements, and the Global Market Model platform. His professional experience includes supporting organizations such as Boston Consulting Group, KPMG, and Ernst & Young. Wasay holds a degree in Electronics and Communications Engineering, postgraduate management qualifications from International Management Institute Belgium and Indian School of Business and Entrepreneurship, and completed the Integrated Program in Business Analytics from Indian Institute of Management Indore.
