Digital Utility Market Application, Regions and Forecast to 2027

The industry evaluation report offers a snapshot of the technology trends in the Digital Utility industry for the forecast period, 2027. Projected data on intangible aspects such an import and export status, supply chain management, distribution channel, consumption capability and production capacity are explained through resources including tables, charts, and graphic images. Analysis of both the strengths and weaknesses of the key market players help business owners understand the strategies they should avoid and endorse. 

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Which Top Market Participants are Consider for the highest Digital Utility market share? 

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).

Digital Utility Market Segmentation

The global Industry segmented into Digital Utility Market Size, type, component, voltage, application and region. By type the segment is further classified into skid mounted and mobile Digital Utility. By component, the segment is further classified into switchgear, bus bar, HVAC systems, transformer, frequency drives, monitoring and control systems and others. By voltage, the segment, is further classified into low voltage and medium voltage Digital Utility. Digital Utility are used in various industries such as oil and gas, mining, transportation, and power utilities.

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Market Segmentation

The MRFR report highlights an inclusive segmental analysis of the global digital utility market based on end users, deployment, and component.

By component, the global digital utility market is segmented into services, software, hardware, and others. Of these, the hardware segment will lead the market over the forecast period.

By deployment, the global digital utility market is segmented into hybrid, cloud, and premises. Of these, the cloud segment will dominate the market over the forecast period.

By end users, the global digital utility market is segmented into retail, commercial, residential, and others.

By Geography

Asia pacific

Europe

North America

The Middle East and Africa

Latin America

Market Segmentation

Covid 19 Analysis

Due to a rise in phishing activities, COVID-19 has substantially increased the adoption of cloud infrastructure and services. In addition, COVID-19 has significantly increased the security budget, which has resulted in a large increase in cloud infrastructure and services. According to the findings of a study conducted by Microsoft and published in August 2020, 36% of the total 800 respondents said that the budget for cybersecurity had risen as a consequence of the pandemic outbreak. Additionally, 42 percent of those who answered the survey said that the company altered its personnel by adding more security experts.

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