The global Smart Utility Solutions market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.
Smart Utilities refer to gas, electric, and water companies that utilize connected sensors throughout their grids to analyze operations and increase the efficiency of service delivery. Smart utilities employ the Internet of Things (IoT) approach to connect all devices and integrate new digital technologies to streamline business operations.
The Utility sector is confined by strict local and global regulations and is required to preserve fundamental infrastructure. Utility companies have worked for years with a range of discrete systems, however, distribution, billing, consumption, and overall account management were all done with separate tools. Smart utilities are different. These systems and tools are all connected, which aids in efficiency and usability but requires exceptional increases in security.However, utilities using the smart grid"s combined communications framework can access detection and mitigation solutions for physical and cyber threats. This foundation supports a wide range of generation options and reduces the aftereffects of a system attack. Utilizing the real-time data provided by smart technology can enhance operational efficiency, inform better business decisions, and enable inaccessible meters and sensors to be remotely monitored. Improvements to smart grids will allow for more responsive adjustments to system overload, including alternative sources of energy such as solar and wind power.
LPI (LP Information)' newest research report, the “Smart Utility Solutions Industry Forecast” looks at past sales and reviews total world Smart Utility Solutions sales in 2024, providing a comprehensive analysis by region and market sector of projected Smart Utility Solutions sales for 2025 through 2031. With Smart Utility Solutions sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Smart Utility Solutions industry.
This Insight Report provides a comprehensive analysis of the global Smart Utility Solutions landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Smart Utility Solutions portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Smart Utility Solutions market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Smart Utility Solutions and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Smart Utility Solutions.
This report presents a comprehensive overview, market shares, and growth opportunities of Smart Utility Solutions market by product type, application, key players and key regions and countries.
Segmentation by Type:
Software
Hardware
Segmentation by Application:
Gas
Water
Electricity
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Saviant
SUMS
Monarch
Aartesys
Vodafone Idea
SEW
Ozonix
Panamax Infotech
Sensus
Mobiloitte
iKapaPower
Faircape
HyperThings
Infosys
Telenor Connexion
Telit
Kamstrup
Please note: The report will take approximately 2 business days to prepare and deliver.
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