The global digital utility market size will touch USD 253 billion at a 12% CAGR between the forecast period 2017- 2023, according to the new Market Research Future (MRFR) analysis.According to the recent MRFR market estimates, such factors include a rise in renewable and distributed power generation projects, use in digital transformation, energy efficiency mandates demanding a reduction in carbon emission, strict regulatory needs for electric utilities, rapid technological advances, industrial revolution 4.0, digitalization, increasing adoption in the power industry, changes in energy demand, strains on growth in capital asset investments, increasing penetration of digital technology, the upcoming smart city projects, and need for domestic electricity in India and China.On the contrary, high initial costs and the on-going COVID-19 impact may impede the global digital utility market growth over the forecast period.Avail Free
[email protected] http://www.marketwatch.com/story/digital-utility-market-eyeing-remarkable-growth-due-to-rise-in-renewable-power-generation-projects-industry-analysis-by-major-companies-abb-ltd-siemens-ag-2021-01-11 Market Segmentation The MRFR report highlights an inclusive segmental analysis of the global digital utility market based on end users, deployment, and component.Get Free Sample
[email protected] https://www.marketresearchfuture.com/sample_request/4140 Key Players Key contenders profiled in the digital utility global market report include ABB Ltd. (Switzerland), General Electric Company (U.S.), Siemens AG (Germany), SAP SE (Germany), Oracle Corporation (U.S.), Cisco Systems Inc. (U.S.), Cognizant Technology Solutions Corporation (U.S.), Microsoft Corporation (U.S.), Accenture PLC (Ireland), International Business Machine Corporation (U.S.), and Capgemini SA (France).Regional Analysis By region, the digital utility market covers the growth opportunites and recent trends across Europe, North America, the Asia Pacific (APAC), and the Rest of the World (RoW).