Digital Utility Market Is Projected To Grow USD 75 Billion by 2035 | CAGR 6.2% (2025-2035) | Wiseguys Reports

Digital Utility Market Overview

Digital Utility Market Size was valued at USD 38.8 Billion in 2024. The Digital Utility Market is expected to grow from USD 41.2 Billion in 2025 to USD 75 Billion by 2035. The Digital Utility Market CAGR (growth rate) is expected to be around 6.2% during the forecast period (2025 - 2035)

The Digital Utility Market is experiencing substantial growth as utility providers embrace digital transformation to enhance electricity, water, and gas distribution systems. Smart grids, advanced metering infrastructure, and IoT-enabled sensors are enabling real-time monitoring and predictive maintenance. Utilities are leveraging big data analytics and AI-driven insights to optimize energy consumption and reduce outages. Government initiatives promoting renewable energy integration and carbon reduction are further fueling demand. Cloud platforms and cybersecurity solutions are strengthening infrastructure resilience. As energy demand increases globally, digital utility solutions are becoming essential for improving reliability, sustainability, and customer engagement across the power sector.

Digital Utility Market Segmentation

Global Digital Utility Market Research Report: By Technology (Smart Grids, Advanced Metering Infrastructure, Demand Response Solutions, Energy Management Systems), By Application (Residential, Commercial, Industrial), By Component (Software, Hardware, Services), By Service Type (Consulting, Installation, Maintenance) and By Regional (North America, Europe, South America, Asia Pacific, Middle East and Africa) - Forecast to 2035

Browse a Full Report (Including Full TOC, List of Tables & Figures, Chart) - Digital Utility Market

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