Digital Utility industry

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Digital Utility industry Research Report - Global
Forecast 2023
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2023
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Digital Utility industry Research Report - Global
Forecast 2023
Digital Utility industry

• The major regions in the continents like United
  States, China, Japan, Germany has the major
  contribution in the Digital Utility industry. The
  companies like International Business Machine
  Corporation (U.S.), Oracle Corporation (U.S.),
  SAP SE (Germany), Siemens AG (Germany), General
  Electric Company (U.S.), are largest investors
  for the development in digital utilities
  transformation. In 2017, SAP SE (Germany) has
  joined African Utility week that are mainly
  concentrating on importance of digital utility
  and its advantage in coming years. It is focusing
  on advanced technology such as big data which can
  be widely used by the organizations for the
  improvement of performance of utilities
  Infrastructure, prolong use of assets, maximize
  energy production and others.
• The Digital Utilities Market is estimated to grow
  in the forecast years due to its numerous
  features that include renewable, distributed
  generation, and smart grids that are further
  required by new business models and regulatory
  frameworks. These utilities are used to influence
  the smart energy generation and management at the
  minimum cost. The growing demand of renewable
  power generations and its distributions,
  regulatory requirements for electric utilities
  and energy efficiency demanding carbon emission
  reductions, are driving the market growth to the
  large extent.

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Digital Utility industry Research Report - Global
Forecast 2023
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Digital Utility industry Forecast To 2023

• The study reveals that digital utility is
  trending in North America region. The digital
  utility demand is growing very rapidly as it is
  providing platform solution for implementing
  energy efficiency, optimizing business process
  management and real time analytics that enhances
  the field services through integration of all IT
  services and others. The adoption of advanced
  digital technology in utility are widely used in
  U.S. The technology includes big data analytics,
  digital marketing, Internet of Things (IoT),
  artificial intelligence (AI), and others. These
  adoption has enabled digital transformation for
  numerous utilities.
• In North America region, the socioeconomic
  pressures and technology innovations are driving
  the market of digital utilities. The digital
  utilities transformation are providing services
  such as digital utilities maturity assessment,
  customer communities experience transformation,
  digital asset management, digital utilities
  enterprise architecture and others. In 2016, the
  U.S. government has launched the Smart Grid
  Investment Grant program for smart grid
  development.

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Digital Utility industry Research Report - Global
Forecast 2023
Regional Analysis

• On geographic basis, Digital Utility industry is
  studied in different regions as Americas, Europe,
  Asia-Pacific and Rest of world. It has been
  observed that North America region is leading
  with largest market share growth in the Digital
  Utility industry due to the major companies such
  as Oracle Corporation, Cisco System Inc.,
  Microsoft Corporation and others, are investing
  in the digital utility transformation. In this
  market, Europe is to be estimated to be the
  second largest market share for digital utility
  during the forecast period. As companies like SAP
  SE (Germany), Siemens AG (Germany) are focusing
  on the digital utilities transformation.

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Digital Utility industry Research Report - Global
Forecast 2023
Application Major Players in this Research

• Digital Utility industry Prominent Players
• Capgemini SA (France),
• International Business Machine Corporation
  (U.S.),
• Accenture PLC (Ireland),
• Microsoft Corporation (U.S.),
• Cognizant Technology Solutions Corporation
  (U.S.),
• Cisco Systems Inc. (U.S.),
• Oracle Corporation (U.S.),
• SAP SE (Germany),
• Siemens AG (Germany),

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Digital Utility industry Research Report - Global
Forecast 2023
Digital Utility industry Segmented on the basis of

• The Digital Utility industry has been segmented
  on the basis of component, deployment type,
  end-users, and region.
• Digital Utility industry by Component
• Hardware
• Software
• Services
•          - On cloud services
•          - On premises services
• Digital Utility industry by Deployment Type
• On premises
• Cloud
• Hybrid
• Digital Utility industry by End-Users
• Residential
• Commercial
• Retail

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